RattanIndia Power logo

RattanIndia Power MD, chairman, board of directors and AGM

NSE: RTNPOWERBSE: 533122PowerSmall Cap

Formerly Indiabulls Power
Last close ₹6.28up ₹0.06 (0.96%)BSE ₹6.28

Share price at the NSE close on 23 Oct 2026. Previous close ₹6.22.

52-week range of traded prices to 23 Oct 2026
₹5.88Low, 22 Oct 2026₹11.68High, 30 Oct 2025
Market cap
₹3,372 Cr795th largest listed
P/E
30.3
P/B
0.7
Dividend yield
Nonein the last 12 months
ROE
2.4%
ROCE
2.3%
Debt to equity
0.78
Volume, NSE
1,60,18,06447.6% delivered

RattanIndia Power board of directors

At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • ChairpersonRajiv RattanRelated to the promoter
  • Company Secretary and Compliance OfficerLalit Narayan Mathpati

6 directors3 independent3 executive

  • Rajiv Rattan · ChairpersonExecutive · joined Jul 2009 · 2 listed boards · 3 committee seats
  • Himanshu MathurExecutive · joined Sep 2023 · 1 listed board · 1 committee seat
  • Pritika PooniaIndependent · joined Nov 2022 · reappointed Nov 2022 · 47 months as independent · 2 listed boards · 2 as independent · 3 committee seats
  • Ajay Kumar TandonIndependent · joined Sep 2023 · reappointed Sep 2023 · 37 months as independent · 2 listed boards · 2 as independent · 5 committee seats, 3 as chair
  • Virender SinghIndependent · joined Sep 2024 · reappointed Sep 2024 · 25 months as independent · 2 listed boards · 2 as independent · 3 committee seats, 2 as chair
  • Ravi Kumar PakalapatiExecutive · joined Jul 2025 · 1 listed board

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

1 director who left
  • Baliram Ratna Jadhav, left 6 Jun 2025: Others

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 26 Aug 20265 of 6 present2 independent · 32 days in between
    • 24 Jul 20266 of 6 present3 independent · 77 days in between
    • 7 May 20266 of 6 present3 independent · 27 days in between
    • 9 Apr 20266 of 6 present3 independent

  • Audit Committee

    Chair Virender Singh

    Rajiv Rattan, Pritika Poonia, Ajay Kumar Tandon

    • 26 Aug 20263 of 4 present2 independent · 32 days in between
    • 24 Jul 20264 of 4 present3 independent · 77 days in between
    • 7 May 20264 of 4 present3 independent

  • Nomination and remuneration committee

    Chair Ajay Kumar Tandon

    Pritika Poonia, Virender Singh

    • 26 Aug 20262 of 3 present2 independent · 32 days in between
    • 24 Jul 20263 of 3 present3 independent · 77 days in between

  • Stakeholders Relationship Committee

    Chair Ajay Kumar Tandon

    Virender Singh, Himanshu Mathur

    • 10 Aug 20262 of 3 present1 independent · 94 days in between
    • 7 May 20263 of 3 present2 independent

  • Risk Management Committee

    Chair Rajiv Rattan

    Ajay Kumar Tandon, Pritika Poonia, Manish Ratnakar Chitnis

    • 7 May 20263 of 3 present2 independent

  • Corporate Social Responsibility Committee

    Chair Ajay Kumar Tandon

    Virender Singh, Himanshu Mathur

    No meeting listed in the filing.

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Mar 2026.

  • M/s Walker Chandiok & Co. LLPPeer-review certificate valid to May 2028

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

RattanIndia Power AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.RattanIndia Power share news and announcements

Annual general meeting, 24 Sep 2026

19,43,464 shareholders on the register on 17 Sep 2026; present: 2 promoters and 68 others; votes counted by Sanjay Khandelwal / S. Khandelwal & Co..The company's voting result (opens in a new tab)

  1. To consider and adopt the audited standalone and consolidated financial statements of the Company for the financial year ended March 31, 2026 and the reports of the Board of Directors and Auditors thereon.MoreLess
    Ordinary
    99.99% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.52%

    Turnout: all 47.34% · promoters 100.00% · institutions 29.33% · other public 0.44%

  2. To appoint a Director in place of Mr. Rajiv Rattan (DIN: 00010849), who is liable to retire by rotation and being eligible, offers himself for re-appointment.
    Ordinary
    99.68% for0.32% against

    Against: promoters 0.00% · institutions 4.45% · other public 7.60%

    Turnout: all 47.35% · promoters 100.00% · institutions 29.45% · other public 0.44%

  3. Appointment of T R Chadha & Co. LLP, Chartered Accountants (FRN: 006711N/N500028) as Statutory Auditors of the Company to hold office from the conclusion of the 19th Annual General Meeting until the conclusion of the 24th Annual General Meeting.MoreLess
    Ordinary
    99.71% for0.29% against

    Against: promoters 0.00% · institutions 4.19% · other public 3.76%

    Turnout: all 47.35% · promoters 100.00% · institutions 29.45% · other public 0.44%

  4. Approval of payment of Remuneration to Mr. Ajay Kumar Tandon, an Independent Director.
    Special
    99.70% for0.30% against

    Against: promoters 0.00% · institutions 4.19% · other public 6.32%

    Turnout: all 47.35% · promoters 100.00% · institutions 29.45% · other public 0.44%

  5. Ratification of Cost Auditor’s Remuneration.
    Ordinary
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.60%

    Turnout: all 47.35% · promoters 100.00% · institutions 29.45% · other public 0.44%

  6. Approval for appointment of Mr. Dhruv Rattan Nashier as Vice President, to hold an office or place of profit
    Ordinary
    86.75% for13.25% against

    Against: promoters 0.00% · institutions 99.40% · other public 7.19%

    Turnout: all 23.29% · promoters 45.40% · institutions 29.45% · other public 0.43%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 26 Sep 2025, 6 resolutions

21,02,552 shareholders on the register on 19 Sep 2025; present: 2 promoters and 56 others; votes counted by Sanjay Khandelwal / S. Khandelwal & Co..The company's voting result (opens in a new tab)

  1. To consider and adopt the audited standalone and consolidated financial statements of the Company for the financial year ended March 31, 2025 and the reports of the Board of Directors and Auditors thereon.MoreLess
    Ordinary
    90.59% for9.41% against

    Against: promoters 0.00% · institutions 100.00% · other public 2.44%

    Turnout: all 48.88% · promoters 100.00% · institutions 38.85% · other public 0.51%

  2. To appoint a Director in place of Mr. Himanshu Mathur (DIN: 03077198), who is liable to retire by rotation and being eligible, offers himself for re-appointment.
    Ordinary
    99.85% for0.15% against

    Against: promoters 0.00% · institutions 1.43% · other public 2.95%

    Turnout: all 48.89% · promoters 100.00% · institutions 38.96% · other public 0.51%

  3. Approval of payment of Remuneration to Mr. Ajay Kumar Tandon, an Independent Director.
    Special
    99.62% for0.38% against

    Against: promoters 0.00% · institutions 3.86% · other public 3.42%

    Turnout: all 48.89% · promoters 100.00% · institutions 38.96% · other public 0.51%

  4. Appointment of Mr. Ravi Kumar Pakalapati (DIN: 11178447) as a Whole Time Director of the Company.
    Special
    99.47% for0.53% against

    Against: promoters 0.00% · institutions 5.46% · other public 2.74%

    Turnout: all 48.89% · promoters 100.00% · institutions 38.96% · other public 0.51%

  5. Appointment of M/s S. Khandelwal & Co., Practicing Company Secretaries as Secretarial Auditors of the Company.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.61%

    Turnout: all 48.89% · promoters 100.00% · institutions 38.96% · other public 0.51%

  6. Ratification of Cost Auditor’s Remuneration.
    Ordinary
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.45%

    Turnout: all 48.89% · promoters 100.00% · institutions 38.96% · other public 0.51%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 30 Sep 2024, 6 resolutions

Present: 2 promoters and 62 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the audited financial statements of the Company standalone and consolidated for the Financial year ended March 31, 2024 and the reports of the Board of Directors and auditors thereon.MoreLess
    Ordinary
    92.95% for7.05% against

    Against: promoters 0.00% · institutions 95.73% · other public 1.08%

    Turnout: all 47.82% · promoters 100.00% · institutions 32.08% · other public 0.54%

  2. To appoint a Director in place of Mr. Baliram Ratna Jhadav (DIN:10295412), who retires by rotation and being eligible, offers himself for re-appointment.
    Ordinary
    99.43% for0.57% against

    Against: promoters 0.00% · institutions 7.53% · other public 1.37%

    Turnout: all 47.88% · promoters 100.00% · institutions 32.68% · other public 0.53%

  3. Approval to the Payment of Remuneration to Mr. Ajay Kumar Tandon
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.40%

    Turnout: all 47.88% · promoters 100.00% · institutions 32.68% · other public 0.53%

  4. Resolution related to the appointment of Dr. Virender Singh as an Independent Director of the Company
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.26%

    Turnout: all 47.88% · promoters 100.00% · institutions 32.68% · other public 0.53%

  5. Approval to the payment of remuneration to Dr. Virender Singh, an Independent Director of the Company
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.28%

    Turnout: all 47.88% · promoters 100.00% · institutions 32.68% · other public 0.53%

  6. Ratification of Cost Auditor’s Remuneration
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.18%

    Turnout: all 47.88% · promoters 100.00% · institutions 32.68% · other public 0.53%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 29 Sep 2023, 8 resolutions

Present: 2 promoters and 67 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the audited standalone financial statements of the Company for the financial year ended March 31, 2023 and the reports of the Board of Directors and auditors thereon.
    Ordinary
    99.22% for0.78% against

    Against: promoters 0.00% · institutions 97.66% · other public 2.35%

    Turnout: all 44.87% · promoters 100.00% · institutions 4.56% · other public 0.97%

  2. To receive, consider and adopt the audited consolidated financial statements of the Company for the financial year ended March 31, 2023 and reports of the auditors thereon.
    Ordinary
    99.31% for0.69% against

    Against: promoters 0.00% · institutions 86.93% · other public 2.38%

    Turnout: all 44.87% · promoters 100.00% · institutions 4.56% · other public 0.97%

  3. To appoint a Director in place of Mr. Rajiv Rattan (DIN: 00010849), who retires by rotation and being eligible, offers himself for re-appointment.
    Ordinary
    99.85% for0.15% against

    Against: promoters 0.00% · institutions 15.96% · other public 2.43%

    Turnout: all 44.87% · promoters 100.00% · institutions 4.56% · other public 0.96%

  4. Appointment of Mr. Ajay Kumar Tandon (DIN: 07087682) as an Independent Director of the Company.
    Special
    99.80% for0.20% against

    Against: promoters 0.00% · institutions 15.96% · other public 6.99%

    Turnout: all 44.87% · promoters 100.00% · institutions 4.56% · other public 0.97%

  5. Approval to the payment of remuneration to Mr. Ajay Kumar Tandon, an Independent Director of the Company.
    Special
    99.36% for0.64% against

    Against: promoters 0.00% · institutions 73.31% · other public 7.37%

    Turnout: all 44.87% · promoters 100.00% · institutions 4.56% · other public 0.97%

  6. Appointment of Mr. Baliram Ratna Jadhav (DIN: 10295412) as a Whole Time Director of the Company.
    Special
    99.72% for0.28% against

    Against: promoters 0.00% · institutions 26.59% · other public 6.96%

    Turnout: all 44.87% · promoters 100.00% · institutions 4.56% · other public 0.97%

  7. Appointment of Mr. Himanshu Mathur (DIN: 03077198) as a Whole Time Director of the Company.
    Special
    99.72% for0.28% against

    Against: promoters 0.00% · institutions 26.59% · other public 6.95%

    Turnout: all 44.87% · promoters 100.00% · institutions 4.56% · other public 0.97%

  8. Ratification of Cost Auditor’s Remuneration.
    Ordinary
    99.92% for0.08% against

    Against: promoters 0.00% · institutions 0.00% · other public 7.24%

    Turnout: all 44.87% · promoters 100.00% · institutions 4.56% · other public 0.97%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Extraordinary general meeting, 7 Feb 2023, 1 resolution

Present: 2 promoters and 48 others.The company's voting result (opens in a new tab)

  1. Appointment of Mrs. Pritika Poonia (DIN: 06715564) as an Independent Woman Director of the Company.
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 7.88%

    Turnout: all 44.41% · promoters 100.00% · institutions 3.88% · other public 0.13%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 30 Sep 2022, 7 resolutions

Present: 2 promoters and 44 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the audited Standalone and Consolidated financial statements of the Company for the financial year ended March 31, 2022 and the reports of the Board of Directors and Statutory Auditors thereon.MoreLess
    Ordinary
    99.44% for0.56% against

    Against: promoters 0.00% · institutions 100.00% · other public 0.03%

    Turnout: all 48.68% · promoters 100.00% · institutions 3.58% · other public 8.99%

  2. To appoint a Director in place of Mr. Rajiv Rattan (DIN: 00010849), who retires by rotation and being eligible, offers himself for re-appointment.
    Ordinary
    99.87% for0.13% against

    Against: promoters 0.00% · institutions 20.33% · other public 0.24%

    Turnout: all 48.68% · promoters 100.00% · institutions 3.58% · other public 8.98%

  3. Appointment of Mr. Rajiv Rattan(DIN: 00010849) as an Executive Chairman.
    Special
    99.43% for0.57% against

    Against: promoters 0.00% · institutions 100.00% · other public 0.15%

    Turnout: all 48.68% · promoters 100.00% · institutions 3.58% · other public 8.98%

  4. Appointment of Mr. Brijesh Narendra Gupta (DIN: 08469815)as Managing Director of the Company.
    Special
    99.87% for0.13% against

    Against: promoters 0.00% · institutions 20.31% · other public 0.21%

    Turnout: all 48.68% · promoters 100.00% · institutions 3.58% · other public 8.98%

  5. Appointment of Mr. Asim Kumar De (DIN: 03619507) as Whole Time Director of the Company.
    Special
    99.87% for0.13% against

    Against: promoters 0.00% · institutions 20.31% · other public 0.21%

    Turnout: all 48.68% · promoters 100.00% · institutions 3.58% · other public 8.98%

  6. Approval to the Related Party Transaction with RattanIndia Enterprises Limited
    OrdinaryPromoters have an interest in it
    94.98% for5.02% against

    Against: promoters 0.00% · institutions 79.69% · other public 0.36%

    Turnout: all 4.62% · promoters 0.00% · institutions 3.58% · other public 8.99%

  7. Ratification of Cost Auditor’s Remuneration.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.10%

    Turnout: all 48.68% · promoters 100.00% · institutions 3.58% · other public 8.98%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 21 Sep 2021, 8 resolutions

Present: 2 promoters and 56 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the audited financial statements (including the consolidated financial statements) for the financial year ended March 31, 2021 and the reports of the Board of Directors and Statutory Auditors thereon.MoreLess
    Ordinary
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 42.69% · other public 4.09%

    Turnout: all 44.46% · promoters 100.00% · institutions 0.08% · other public 0.61%

  2. To appoint a Director in place of Mr. Himanshu Mathur (DIN 03077198), who retires by rotation and being eligible, offers himself for re-appointment.
    Ordinary
    99.93% for0.07% against

    Against: promoters 0.00% · institutions 0.00% · other public 12.06%

    Turnout: all 44.46% · promoters 100.00% · institutions 0.08% · other public 0.61%

  3. To appoint Walker Chandiok & Co. LLP, as the Statutory Auditors of the Company for a second consecutive term of five years and to fix their remuneration.
    Ordinary
    99.93% for0.07% against

    Against: promoters 0.00% · institutions 0.00% · other public 12.59%

    Turnout: all 44.46% · promoters 100.00% · institutions 0.08% · other public 0.61%

  4. Appointment of Mr. Vibhav Agarwal (DIN 03174271) as a director of the Company liable to retire by rotation and according approval to his appointment by the Board of Directors of the Company as the Managing Director of the Company.MoreLess
    Special
    99.93% for0.07% against

    Against: promoters 0.00% · institutions 0.00% · other public 12.71%

    Turnout: all 44.46% · promoters 100.00% · institutions 0.08% · other public 0.61%

  5. Seeking approval to the renewal of the appointment of Mr. Himanshu Mathur (DIN: 03077198) as the Whole-time Director of the Company.
    Special
    99.93% for0.07% against

    Against: promoters 0.00% · institutions 0.00% · other public 12.74%

    Turnout: all 44.46% · promoters 100.00% · institutions 0.08% · other public 0.61%

  6. Enabling resolution under Sections 185 and 186 of the Companies Act, 2013.
    Special
    99.95% for0.05% against

    Against: promoters 0.00% · institutions 100.00% · other public 4.27%

    Turnout: all 44.46% · promoters 100.00% · institutions 0.08% · other public 0.61%

  7. Ratification of Cost Auditor’s Remuneration
    Ordinary
    99.93% for0.07% against

    Against: promoters 0.00% · institutions 0.00% · other public 12.42%

    Turnout: all 44.45% · promoters 100.00% · institutions 0.08% · other public 0.59%

  8. Payment of Remuneration to certain Independent Directors of the Company.
    Ordinary
    99.90% for0.10% against

    Against: promoters 0.00% · institutions 100.00% · other public 13.51%

    Turnout: all 44.45% · promoters 100.00% · institutions 0.08% · other public 0.58%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 30 Sep 2020, 4 resolutions

Present: 2 promoters and 39 others.The company's voting result (opens in a new tab)

  1. Adoption of audited financial statements (standalone and consolidated) of the Company as at March 31, 2020 and the Reports of the Board of Directors and Auditors thereon.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.88%

    Turnout: all 53.01% · promoters 100.00% · institutions 55.06% · other public 0.07%

  2. Re-appointment of Mrs. Namita (DIN: 08058824) as a Director, liable to retire by rotation.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.17%

    Turnout: all 53.01% · promoters 100.00% · institutions 55.06% · other public 0.07%

  3. Appointment of Ms.Neha Poonia as an Independent Woman Director.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.06%

    Turnout: all 53.01% · promoters 100.00% · institutions 55.06% · other public 0.07%

  4. Approval of remuneration paid to Cost Auditors.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.09%

    Turnout: all 53.01% · promoters 100.00% · institutions 55.06% · other public 0.07%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

How mutual funds voted

Fund houses must disclose how they vote at every meeting of a company they hold.

Mutual fund votes, meeting of 24 Sep 2026, 1 fund house so far (houses' deadline to file 15 Oct 2026)

  • To consider and adopt the audited standalone and consolidated financial statements of the Company for the financial year ended March 31, 2026 and the reports of the Board of Directors and Auditors thereon.MoreLess
    1 for0 against
  • To appoint a Director in place of Mr. Rajiv Rattan (DIN: 00010849), who is liable to retire by rotation and being eligible, offers himself for re-appointment.
    Against Angel One Mutual Fund
    • Angel One Mutual FundGovernance concern: Skewed remuneration in favor of Promoter Director; Excessive time commitment as the director holds 2 Full-time positions.
    0 for1 against
  • Appointment of T R Chadha & Co. LLP, Chartered Accountants (FRN: 006711N/N500028) as Statutory Auditors of the Company to hold office from the conclusion of the 19th Annual General Meeting until the conclusion of the 24th Annual General Meeting.MoreLess
    Against Angel One Mutual Fund
    • Angel One Mutual FundBasis of recommendation of appointment/ Credentials and Proposed audit fee payable to Statutory Auditors not disclosed.
    0 for1 against
  • Approval of payment of Remuneration to Mr. Ajay Kumar Tandon, an Independent Director.
    Against Angel One Mutual Fund
    • Angel One Mutual FundGovernance and Transparency concern: Payment of remuneration/profit linked commission to a single Independent Director without any basis/justification for the differential treatment; Skewed remuneration in favor of promoter Executive Director and the proposed director is chairman of Nomination and Remuneration Committee.
    0 for1 against
  • Ratification of Cost Auditor’s Remuneration.
    1 for0 against
  • Approval for appointment of Mr. Dhruv Rattan Nashier as Vice President, to hold an office or place of profit
    Against Angel One Mutual Fund
    • Angel One Mutual FundGovernance and Transparency concern: Non-disclosure of specific selection process and Basis of arriving at remuneration not disclosed; no clarity on whether proposed remuneration is actually comparable with similar grade employees.
    0 for1 against

Mutual fund votes, meeting of 26 Sep 2025, 5 fund houses

Each resolution counts the houses whose vote was matched to it; the rest are listed last.

  • To consider and adopt the audited standalone and consolidated financial statements of the Company for the financial year ended March 31, 2025 and the reports of the Board of Directors and Auditors thereon.MoreLess
    Against Angel One Mutual Fund, Bandhan Mutual Fund, Groww Mutual Fund, Mirae Asset Mutual Fund, Motilal Oswal Mutual Fund
    • Angel One Mutual FundQualified opinion on Consolidated financial statements of the Company relating to significant borrowed amount.
    • Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundUnqualified Financial Statements on Standalone. No concerns identified on Standalone account. Governance Concern: Qualified opinion by the Auditors on Consolidated financial statements.
    • Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
    0 for5 against
  • To appoint a Director in place of Mr. Himanshu Mathur (DIN: 03077198), who is liable to retire by rotation and being eligible, offers himself for re-appointment.
    5 for0 against
  • Approval of payment of Remuneration to Mr. Ajay Kumar Tandon, an Independent Director.
    Against Angel One Mutual Fund, Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
    • Angel One Mutual FundTransparency concern: Payment of remuneration to single Independent Director without adequate justification.
    • Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with law. Transparency concern: Payment of remuneration to single ID without adequate justification.
    1 for4 against
  • Appointment of Mr. Ravi Kumar Pakalapati (DIN: 11178447) as a Whole Time Director of the Company.
    Against Angel One Mutual Fund, Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
    • Angel One Mutual Fund, Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundTransparency Concern: Age of the proposed appointee not disclosed in the notice.
    1 for4 against
  • Appointment of M/s S. Khandelwal & Co., Practicing Company Secretaries as Secretarial Auditors of the Company.
    5 for0 against
  • Ratification of Cost Auditor’s Remuneration.
    5 for0 against
1 proposal not matched to one resolution
  • Approval for appointment of Mr. Dhruv Rattan Nashier, to hold an office or place of profit.
    Against Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
    • Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with law. Governance and Transparency concern: Non-disclosure of selection process and Basis of arriving at remuneration; no clarity on whether proposed remuneration is comparable with similar grade employees.
    0 for3 against
2 earlier meetings

Mutual fund votes, meeting of 30 Sep 2024, 4 fund houses

  • To receive, consider and adopt the audited financial statements of the Company standalone and consolidated for the Financial year ended March 31, 2024 and the reports of the Board of Directors and auditors thereon.MoreLess
    Against Groww Mutual Fund
    • Groww Mutual FundThe statutory auditor has issued qualified opinion on the Consolidated Financial Statements. The quantum of the current borrowings and accrued interest not confirmed by the lenders is significant and hence, we vote against the resolution
    3 for1 against
  • To appoint a Director in place of Mr. Baliram Ratna Jhadav (DIN:10295412), who retires by rotation and being eligible, offers himself for re-appointment.
    4 for0 against
  • Approval to the Payment of Remuneration to Mr. Ajay Kumar Tandon
    4 for0 against
  • Resolution related to the appointment of Dr. Virender Singh as an Independent Director of the Company
    4 for0 against
  • Approval to the payment of remuneration to Dr. Virender Singh, an Independent Director of the Company
    4 for0 against
  • Ratification of Cost Auditor’s Remuneration
    4 for0 against

Mutual fund votes, meeting of 29 Sep 2023, 1 fund house

  • To receive, consider and adopt the audited standalone financial statements of the Company for the financial year ended March 31, 2023 and the reports of the Board of Directors and auditors thereon.
    Against Motilal Oswal Mutual Fund
    • Motilal Oswal Mutual FundQualified opinion given by the auditors.
    0 for1 against
  • To receive, consider and adopt the audited consolidated financial statements of the Company for the financial year ended March 31, 2023 and reports of the auditors thereon.
    1 for0 against
  • To appoint a Director in place of Mr. Rajiv Rattan (DIN: 00010849), who retires by rotation and being eligible, offers himself for re-appointment.
    1 for0 against
  • Appointment of Mr. Ajay Kumar Tandon (DIN: 07087682) as an Independent Director of the Company.
    1 for0 against
  • Approval to the payment of remuneration to Mr. Ajay Kumar Tandon, an Independent Director of the Company.
    1 for0 against
  • Appointment of Mr. Baliram Ratna Jadhav (DIN: 10295412) as a Whole Time Director of the Company.
    1 for0 against
  • Appointment of Mr. Himanshu Mathur (DIN: 03077198) as a Whole Time Director of the Company.
    1 for0 against
  • Ratification of Cost Auditor’s Remuneration.
    1 for0 against

Each fund house counted once, from its own disclosure; the reasons are its own words.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

None open at any quarter's end.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
Yes
The chair is related to the managing director
No
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
No
There was a cyber security incident in the quarter
No

The company's own answers in its filing.