Shivalik Bimetal Controls logo

Shivalik Bimetal Controls MD, chairman, board of directors and AGM

NSE: SBCLBSE: 513097Industrial ProductsSmall Cap

Last close ₹902.80down ₹30.90 (3.31%)BSE ₹901.85

Share price at the NSE close on 23 Oct 2026. Previous close ₹933.70.

52-week range of traded prices to 23 Oct 2026
₹368.60Low, 30 Mar 2026₹1,215.70High, 4 Sep 2026
Market cap
₹5,201 Cr960th largest listed
P/E
49.0
P/B
10.8
Dividend yield
0.44%
ROE
23.9%
ROCE
23.6%
Debt to equity
0.12
Volume, NSE
3,81,40254.9% delivered

Shivalik Bimetal Controls board of directors

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

  • ChairpersonNARINDER SINGH GHUMMAN
  • Managing directorKABIR GHUMMAN

10 directors6 independent3 executive1 non-executive

  • NARINDER SINGH GHUMMAN · ChairpersonExecutive · joined Jun 1984 · reappointed Jan 2025 · 1 listed board · 1 committee seat
  • KABIR GHUMMAN · Managing directorExecutive · joined Aug 2024 · reappointed Jan 2025 · 1 listed board
  • SUMER GHUMMANExecutive · joined Nov 2024 · reappointed Jan 2025 · 1 listed board · 2 committee seats
  • SWARNJIT SINGHIndependent · joined Nov 2020 · reappointed Nov 2024 · 67 months as independent · 1 listed board · 1 as independent
  • GURMEET SINGH GILLNon-executive · joined Sep 1998 · reappointed Sep 2025 · 1 listed board
  • ANU AHLUWALIAIndependent · joined Aug 2019 · reappointed Aug 2024 · 82 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
  • SUDHIR MEHRAIndependent · joined Sep 2023 · reappointed Sep 2023 · 33 months as independent · 1 listed board · 1 as independent · 1 committee seat
  • NAND PARKASH SAHNIIndependent · joined Sep 2023 · reappointed Sep 2023 · 33 months as independent · 2 listed boards · 2 as independent · 3 committee seats, 3 as chair
  • SUKRITA GOYALIndependent · joined Aug 2024 · reappointed Aug 2024 · 22 months as independent · 1 listed board · 1 as independent
  • SHRIKANT BALDIIndependent · joined Sep 2025 · reappointed Sep 2025 · 9 months as independent · 1 listed board · 1 as independent

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.

2 directors who left
  • SATINDERJEET SINGH SANDHU, left 6 Nov 2024: Others
  • HARPREET KAUR, left 26 Oct 2024: Others

Committees and meetings

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

  • Board

    • 18 May 20267 of 10 present3 independent · 101 days in between
    • 5 Feb 20266 of 10 present3 independent

  • Audit Committee

    Chair NAND PARKASH SAHNI

    SUMER GHUMMAN, SUDHIR MEHRA

    • 18 May 20263 of 3 present2 independent · 101 days in between
    • 5 Feb 20263 of 3 present2 independent

  • Nomination and remuneration committee

    Chair SWARNJIT SINGH

    ANU AHLUWALIA, GURMEET SINGH GILL

    No meeting listed in the filing.

  • Stakeholders Relationship Committee

    Chair ANU AHLUWALIA

    NARINDER SINGH GHUMMAN, SUMER GHUMMAN

    • 23 Mar 20262 of 3 present1 independent

  • Risk Management Committee

    Chair NARINDER SINGH GHUMMAN

    KABIR GHUMMAN, SWARNJIT SINGH

    • 29 Jan 20262 of 3 present0 independent

  • Corporate Social Responsibility Committee

    • 18 May 20262 of 3 present0 independent

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 Jun 2026.

  • M/s Arora Gupta & Co.Peer-review certificate valid to Dec 2028
1 earlier auditor
  • Arora Gupta & Co.Named in filings from Mar 2025 to Mar 2026

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.

Shivalik Bimetal Controls 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.Shivalik Bimetal Controls dividend history

Annual general meeting, 2 Sep 2026

67,490 shareholders on the register on 26 Aug 2026; present: 7 promoters and 83 others; votes counted by Amit Saxena / M/s AMIT SAXENA & ASSOCIATES.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statements (both Standalone and Consolidated Financial Statements) of the Company for the financial year ended March 31, 2026 together with Director’s Report and the Auditor’s Report thereonMoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 41.61% · promoters 100.00% · institutions 49.47% · other public 0.51%

  2. To confirm the payment of Interim Dividend and to declare Final Dividend on equity shares for the financial year ended March 31, 2026
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 41.61% · promoters 100.00% · institutions 49.47% · other public 0.51%

  3. To appoint a director in place of Mr. Kabir Ghumman (DIN: 01294801), who retires by rotation and being eligible, offers himself for re-appointment
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 41.61% · promoters 100.00% · institutions 49.47% · other public 0.51%

  4. Appointment of M/s Walker Chandiok & Co. LLP, as Statutory Auditor to fill the casual vacancy
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 41.61% · promoters 100.00% · institutions 49.47% · other public 0.51%

  5. Appointment of M/s Walker Chandiok & Co. LLP as Statutory Auditor for a term of 5 years
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 41.61% · promoters 100.00% · institutions 49.47% · other public 0.51%

  6. Ratification of remuneration of Mr. Ramawatar Sunar, Cost Auditor
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 41.61% · promoters 100.00% · institutions 49.47% · other public 0.51%

  7. Alteration of the Articles of Association of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 41.61% · promoters 100.00% · institutions 49.47% · 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.

Extraordinary general meeting, 18 Nov 2025, 1 resolution

66,655 shareholders on the register on 11 Nov 2025; present: 6 promoters and 37 others; votes counted by Amit Saxena / M/s Amit Saxena & Associates.The company's voting result (opens in a new tab)

  1. Reclassification of the Status of Promoter & Promoter Group Category to Public Category
    OrdinaryPromoters have an interest in it
    99.90% for0.10% against

    Against: promoters 0.00% · institutions 0.29% · other public 0.01%

    Turnout: all 52.75% · promoters 95.16% · institutions 83.27% · other public 5.34%

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, 16 Sep 2025, 6 resolutions

68,050 shareholders on the register on 9 Sep 2025; present: 5 promoters and 45 others; votes counted by Amit Saxena / M/s AMIT SAXENA & ASSOCIATES.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statements (both Standalone and Consolidated Financial Statements) of the Company for the financial year ended March 31, 2025 together with Director’s Report and the Auditors Report thereon;MoreLess
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.74%

    Turnout: all 55.60% · promoters 100.00% · institutions 92.23% · other public 1.75%

  2. To confirm the payment of Interim Dividend and to declare a Final Dividend on Equity Shares for the financial year ended March 31, 2025;
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.74%

    Turnout: all 55.60% · promoters 100.00% · institutions 92.23% · other public 1.75%

  3. To appoint a director in place of Mr. Gurmeet Singh Gill (DIN: 00007393), who retires by rotation and, being eligible, offers himself for re-appointment;
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.74%

    Turnout: all 55.60% · promoters 100.00% · institutions 92.23% · other public 1.75%

  4. Ratification of remuneration of Mr. Ramawatar Sunar, Cost Auditor of the Company for the FY 2025-26;
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.85%

    Turnout: all 55.60% · promoters 100.00% · institutions 92.23% · other public 1.75%

  5. Appointment of M/s. R. Miglani & Co., Company Secretaries as Secretarial Auditor for a terms of 5 years;
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.74%

    Turnout: all 55.60% · promoters 100.00% · institutions 92.23% · other public 1.75%

  6. Appointment of Dr. Shrikant Baldi (DIN: 01763968) as Non-Executive Independent Director;
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.74%

    Turnout: all 55.60% · promoters 100.00% · institutions 92.23% · other public 1.75%

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, 31 Jan 2025, 3 resolutions

71,435 shareholders on the register on 24 Jan 2025; present: 7 promoters and 41 others; votes counted by AMIT SAXENA / M/S AMIT SAXENA & ASSOCIATES.The company's voting result (opens in a new tab)

  1. To approve the appointment of Mr. Sumer Ghumman (DIN: 00705941) as Whole Time Director designated as Executive Director of the company, liable to retire by rotation for a period of 5 (five) consecutive yearsMoreLess
    SpecialPromoters have an interest in it
    97.76% for2.24% against

    Against: promoters 0.00% · institutions 2.26% · other public 0.01%

    Turnout: all 24.17% · promoters 0.00% · institutions 92.75% · other public 0.65%

  2. To approve the elevation and re-designation of Mr. Kabir Ghumman (DIN: 01294801) as Managing Director of the company, liable to retire by rotation for a period of five (Five) consecutive years
    SpecialPromoters have an interest in it
    99.95% for0.05% against

    Against: promoters 0.00% · institutions 0.05% · other public 0.01%

    Turnout: all 24.17% · promoters 0.00% · institutions 92.75% · other public 0.65%

  3. To approve the appointment/re-designation of Mr. Narinder Singh Ghumman (DIN: 00002052) as Chairman & Whole Time Director of the company, liable to retire by rotation for a period of 5 (Five) consecutive yearsMoreLess
    SpecialPromoters have an interest in it
    97.84% for2.16% against

    Against: promoters 0.00% · institutions 2.19% · other public 0.01%

    Turnout: all 24.17% · promoters 0.00% · institutions 92.75% · other public 0.65%

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 2024, 9 resolutions

Present: 8 promoters and 35 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statements (both Standalone and Consolidated Financial Statements) of the Company for the financial year ended March 31, 2024 together with Director’s Report and the Auditors Report thereonMoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 55.84% · promoters 98.43% · institutions 73.03% · other public 2.06%

  2. To confirm the payment of Interim Dividend and to declare Final Dividend on equity shares for the financial year ended March 31, 2024
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 55.84% · promoters 98.43% · institutions 73.03% · other public 2.06%

  3. To appoint a director in place of Mrs. Harpreet Kaur (DIN: 07012657), who retires by rotation in terms of section 152(6) of the Companies Act, 2013 and, being eligible, offers herself for re-appointmentMoreLess
    Ordinary
    99.94% for0.06% against

    Against: promoters 0.00% · institutions 0.67% · other public 0.04%

    Turnout: all 55.84% · promoters 98.43% · institutions 73.03% · other public 2.06%

  4. Ratification of remuneration of cost auditor
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 55.84% · promoters 98.43% · institutions 73.03% · other public 2.06%

  5. Continuation of directorship of Mr. Gurmeet Singh Gill (DIN: 00007393) as non-executive non-independent director of the company
    Special
    99.94% for0.06% against

    Against: promoters 0.00% · institutions 0.69% · other public 0.11%

    Turnout: all 55.83% · promoters 98.43% · institutions 73.03% · other public 2.06%

  6. Re-appointment of Mr. Swarnjit Singh (DIN: 07409567) as an independent director of the company
    Special
    99.96% for0.04% against

    Against: promoters 0.00% · institutions 0.41% · other public 0.11%

    Turnout: all 55.83% · promoters 98.43% · institutions 73.03% · other public 2.06%

  7. Appointment of Mrs. Sukrita Goyal (DIN: 07576423) as non-executive independent woman director
    Special
    99.19% for0.81% against

    Against: promoters 0.00% · institutions 9.70% · other public 0.15%

    Turnout: all 55.83% · promoters 98.43% · institutions 73.03% · other public 2.06%

  8. Appointment of Mr. Kabir Ghumman (DIN: 01294801) Whole time director designated as Executive Director
    SpecialPromoters have an interest in it
    99.66% for0.34% against

    Against: promoters 0.00% · institutions 2.85% · other public 0.14%

    Turnout: all 39.66% · promoters 66.80% · institutions 73.03% · other public 2.05%

  9. Approval of overall managerial remuneration under Companies Act, 2013 and SEBI (Listing Obligation and Disclosure Requirement) Regulations, 2015
    SpecialPromoters have an interest in it
    98.80% for1.20% against

    Against: promoters 0.00% · institutions 10.61% · other public 2.55%

    Turnout: all 39.26% · promoters 66.80% · institutions 66.81% · other public 2.05%

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 2023, 8 resolutions

Present: 11 promoters and 37 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statements (both Standalone and Consolidated Financial Statements) of the Company for the financial year ended 31st March, 2023 and the Reports of the Board of Directors and the Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 52.77% · promoters 97.58% · institutions 36.67% · other public 1.88%

  2. To confirm the payment of Interim Dividend and to declare Final Dividend on equity shares for the financial year ended 31st March, 2023.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 52.77% · promoters 97.58% · institutions 36.67% · other public 1.88%

  3. To appoint a Director in place of Mr. N.S. Ghumman (DIN: 00002052) who retires by rotation and being eligible, offers himself for re-appointment.
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.24% · other public 0.15%

    Turnout: all 43.36% · promoters 79.18% · institutions 36.67% · other public 1.88%

  4. Ratification of Remuneration Payable to Mr. Ramawatar Sunar, Cost Auditors’ of the Company For the Financial Year ending 31st March, 2024.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 52.77% · promoters 97.58% · institutions 36.67% · other public 1.88%

  5. Continuation of directorship of Mr. Swarnjit Singh (DIN: 07409567), as an Independent Director of the Company.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 52.77% · promoters 97.58% · institutions 36.67% · other public 1.88%

  6. Re-appointment of Ms. Anu Ahluwalia (DIN: 07254059) as an Independent Director of the Company.
    Special
    99.48% for0.52% against

    Against: promoters 0.00% · institutions 13.11% · other public 0.05%

    Turnout: all 52.77% · promoters 97.58% · institutions 36.67% · other public 1.88%

  7. Appointment of Mr. Sudhir Mehra (DIN: 07424678), as an Independent Director of the Company.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 52.77% · promoters 97.58% · institutions 36.67% · other public 1.88%

  8. Appointment of Mr. Nand Parkash Sahni (DIN: 00037478), as an Independent Director of the Company.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 52.77% · promoters 97.58% · institutions 36.67% · other public 1.88%

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, 27 Sep 2022, 11 resolutions

Present: 14 promoters and 31 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statements (both Standalone and Consolidated Financial Statements) of the Company for the financial year ended 31st March, 2022 and the Reports of the Board of Directors and the Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 46.83% · promoters 76.12% · institutions 0.00% · other public 1.77%

  2. To confirm the payment of Interim Dividend and to declare a Final Dividend on Equity Shares for the financial year ended 31st March, 2022.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 46.83% · promoters 76.12% · institutions 0.00% · other public 1.76%

  3. To appoint a Director in place of Mr. G.S. Gill (DIN: 00007393), who retires by rotation and being eligible, offers himself for reappointment
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.05%

    Turnout: all 46.83% · promoters 76.12% · institutions 0.00% · other public 1.76%

  4. Re-appointment of M/s. Arora Gupta & Co., Chartered Accountants, as Statutory Auditors of the Company and fixing their remuneration.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.07%

    Turnout: all 46.83% · promoters 76.12% · institutions 0.00% · other public 1.76%

  5. Ratification of Cost Auditors’ remuneration for the Financial Year 2022-23.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 46.83% · promoters 76.12% · institutions 0.00% · other public 1.76%

  6. Re-appointment of Lt. Gen. Pradeep Khanna (DIN: 06668919) as an Independent Director of the Company for second and final term of five years;
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 46.83% · promoters 76.12% · institutions 0.00% · other public 1.76%

  7. Re-appointment of Mr. Nirmaljeet Singh Gill (DIN: 00007425) as an Independent Director of the Company for second and final term of five years;
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.08%

    Turnout: all 46.83% · promoters 76.12% · institutions 0.00% · other public 1.76%

  8. Re-appointment of Mr. S.S. Sandhu as Chairman and Whole-Time Director of the Company for further period of 5 Years
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.07%

    Turnout: all 41.83% · promoters 67.87% · institutions 0.00% · other public 1.76%

  9. Ratification of existing remuneration of Mr. N.S. Ghumman (DIN: 00002052) Managing Director of Company further period of 3 years;
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.05%

    Turnout: all 37.42% · promoters 60.60% · institutions 0.00% · other public 1.76%

  10. To Approve the enhancement in prescribed limit of remuneration payable to related parties, appointment to any office or place of profit in the Company, its Subsidiary Company or Associate company;
    SpecialPromoters have an interest in it
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.83%

    Turnout: all 37.42% · promoters 60.60% · institutions 0.00% · other public 1.76%

  11. To approve the Issue of Bonus Shares;
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 46.83% · promoters 76.12% · institutions 0.00% · other public 1.76%

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, 15 Sep 2021, 5 resolutions

Present: 8 promoters and 79 others.The company's voting result (opens in a new tab)

  1. Adoption of the Audited Financial Statements (both Standalone and Consolidated Financial Statements) of the Company for the financial year ended 31st March, 2021 and the Reports of Directors and Auditors thereon.MoreLess
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.32%

    Turnout: all 61.33% · promoters 98.35% · institutions 0.00% · other public 4.37%

  2. 1. To confirm the payment of Interim Dividend and to declare Final Dividend on equity shares for the financial year ended 31st March, 2021.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.32%

    Turnout: all 61.33% · promoters 98.35% · institutions 0.00% · other public 4.37%

  3. Appointment of a Director in place of Mr. S.S. Sandhu (DIN: 00002312), who retires by rotation and being eligible, offers himself for re-appointment
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.47%

    Turnout: all 56.33% · promoters 90.10% · institutions 0.00% · other public 4.37%

  4. Ratification of remuneration of Mr. Ramawatar Sunar, Cost Accountant, (Firm Registration No. 100691), Cost Auditor of the Company for the financial year ending 31st March, 2021
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.32%

    Turnout: all 61.33% · promoters 98.35% · institutions 0.00% · other public 4.37%

  5. Approve the appointment of Mr. Swarnjit Singh, as an Independent Director of the Company.
    Ordinary
    99.41% for0.59% against

    Against: promoters 0.00% · institutions 0.00% · other public 20.87%

    Turnout: all 61.33% · promoters 98.35% · institutions 0.00% · other public 4.37%

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.Funds that hold it

Mutual fund votes, meeting of 2 Sep 2026, 2 fund houses so far (houses' deadline to file 15 Oct 2026)

  • To receive, consider and adopt the Audited Financial Statements (both Standalone and Consolidated Financial Statements) of the Company for the financial year ended March 31, 2026 together with Director’s Report and the Auditor’s Report thereonMoreLess
    2 for0 against
  • To confirm the payment of Interim Dividend and to declare Final Dividend on equity shares for the financial year ended March 31, 2026
    2 for0 against
  • To appoint a director in place of Mr. Kabir Ghumman (DIN: 01294801), who retires by rotation and being eligible, offers himself for re-appointment
    2 for0 against
  • Appointment of M/s Walker Chandiok & Co. LLP, as Statutory Auditor to fill the casual vacancy
    2 for0 against
  • Appointment of M/s Walker Chandiok & Co. LLP as Statutory Auditor for a term of 5 years
    2 for0 against
  • Ratification of remuneration of Mr. Ramawatar Sunar, Cost Auditor
    2 for0 against
  • Alteration of the Articles of Association of the Company
    2 for0 against

Mutual fund votes, meeting of 18 Nov 2025, 10 fund houses

  • Reclassification of the Status of Promoter & Promoter Group Category to Public Category
    Against Motilal Oswal Mutual Fund, PGIM India Mutual Fund
    • Motilal Oswal Mutual Fund, PGIM India Mutual FundCompliant with law. Governance Concern: Immediate relative of promoters continuing in the promoter category. Transparency concern: Lack of clarity regarding whether persons related to the outgoing promoters have complied with the conditions stipulated under SEBI LODR Regulations
    8 for2 against
4 earlier meetings

Mutual fund votes, meeting of 16 Sep 2025, 13 fund houses

  • To receive, consider and adopt the Audited Financial Statements (both Standalone and Consolidated Financial Statements) of the Company for the financial year ended March 31, 2025 together with Director’s Report and the Auditors Report thereon;MoreLess
    13 for0 against
  • To confirm the payment of Interim Dividend and to declare a Final Dividend on Equity Shares for the financial year ended March 31, 2025;
    13 for0 against
  • To appoint a director in place of Mr. Gurmeet Singh Gill (DIN: 00007393), who retires by rotation and, being eligible, offers himself for re-appointment;
    13 for0 against
  • Ratification of remuneration of Mr. Ramawatar Sunar, Cost Auditor of the Company for the FY 2025-26;
    13 for0 against
  • Appointment of M/s. R. Miglani & Co., Company Secretaries as Secretarial Auditor for a terms of 5 years;
    13 for0 against
  • Appointment of Dr. Shrikant Baldi (DIN: 01763968) as Non-Executive Independent Director;
    13 for0 against

Mutual fund votes, meeting of 31 Jan 2025, 12 fund houses

  • To approve the appointment of Mr. Sumer Ghumman (DIN: 00705941) as Whole Time Director designated as Executive Director of the company, liable to retire by rotation for a period of 5 (five) consecutive yearsMoreLess
    Against Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, PGIM India Mutual Fund
    • Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, PGIM India Mutual FundNo concern on merits of Appointee. Non-Compliant under Companies Act: Proposed Term exceeding 5-year limit.
    8 for4 against
  • To approve the elevation and re-designation of Mr. Kabir Ghumman (DIN: 01294801) as Managing Director of the company, liable to retire by rotation for a period of five (Five) consecutive years
    12 for0 against
  • To approve the appointment/re-designation of Mr. Narinder Singh Ghumman (DIN: 00002052) as Chairman & Whole Time Director of the company, liable to retire by rotation for a period of 5 (Five) consecutive yearsMoreLess
    Against Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, PGIM India Mutual Fund
    • Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, PGIM India Mutual FundAppointment compliant with law. No concern on merits of Appointee. Governance Concern: Combined position of Chairman & ED
    8 for4 against

Mutual fund votes, meeting of 26 Sep 2024, 6 fund houses

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

  • To receive, consider and adopt the Audited Financial Statements (both Standalone and Consolidated Financial Statements) of the Company for the financial year ended March 31, 2024 together with Director’s Report and the Auditors Report thereonMoreLess
    6 for0 against
  • To confirm the payment of Interim Dividend and to declare Final Dividend on equity shares for the financial year ended March 31, 2024
    6 for0 against
  • To appoint a director in place of Mrs. Harpreet Kaur (DIN: 07012657), who retires by rotation in terms of section 152(6) of the Companies Act, 2013 and, being eligible, offers herself for re-appointmentMoreLess
    6 for0 against
  • Ratification of remuneration of cost auditor
    6 for0 against
  • Continuation of directorship of Mr. Gurmeet Singh Gill (DIN: 00007393) as non-executive non-independent director of the company
    6 for0 against
  • Re-appointment of Mr. Swarnjit Singh (DIN: 07409567) as an independent director of the company
    6 for0 against
  • Appointment of Mrs. Sukrita Goyal (DIN: 07576423) as non-executive independent woman director
    Against Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, PGIM India Mutual Fund
    • Bandhan Mutual Fund, Groww Mutual Fund, PGIM India Mutual FundNon-compliance: Approval for resolution sought by way of Ordinary resolution, instead of special resolution. No concern on the merit of proposed appointee.
    • Motilal Oswal Mutual FundOrdinary resolution proposed instead of Special resolution
    2 for4 against
  • Appointment of Mr. Kabir Ghumman (DIN: 01294801) Whole time director designated as Executive Director
    Against Motilal Oswal Mutual Fund
    • Motilal Oswal Mutual FundNo major concern identified
    5 for1 against
  • Approval of overall managerial remuneration under Companies Act, 2013 and SEBI (Listing Obligation and Disclosure Requirement) Regulations, 2015
    Against Groww Mutual Fund, Motilal Oswal Mutual Fund, PGIM India Mutual Fund
    • Groww Mutual Fund, PGIM India Mutual FundCompliant with Law. Governance concern: Mr. S. S. Sandhu holds the position of chairman & Executive Director of the Company
    • Motilal Oswal Mutual FundCombined position of Executive Chairman
    1 for3 against
2 proposals not matched to one resolution
  • Approve payment of remuneration to promoter executive directors in excess of LODR threshold of 5% of net profits
    1 for0 against
  • To continue with payment of remuneration as per the approved by shareholders in the general meeting by the members, notwithstanding the fact that the annual remuneration payable to Executive Directors exceeds 5% of the net profits of the company as prescribed under Regulation 17(6)(e) of the Listing Regulations, subject to the maximum/ overall managerial remuneration to the Executive Directors of the Company.MoreLess
    Against Bandhan Mutual Fund
    • Bandhan Mutual FundCompliant with Law. Governance concern: Mr. S. S. Sandhu holds the position of chairman & Executive Director of the Company
    0 for1 against

Mutual fund votes, meeting of 26 Sep 2023, 2 fund houses

  • To receive, consider and adopt the Audited Financial Statements (both Standalone and Consolidated Financial Statements) of the Company for the financial year ended 31st March, 2023 and the Reports of the Board of Directors and the Auditors thereon.MoreLess
    2 for0 against
  • To confirm the payment of Interim Dividend and to declare Final Dividend on equity shares for the financial year ended 31st March, 2023.
    2 for0 against
  • To appoint a Director in place of Mr. N.S. Ghumman (DIN: 00002052) who retires by rotation and being eligible, offers himself for re-appointment.
    2 for0 against
  • Ratification of Remuneration Payable to Mr. Ramawatar Sunar, Cost Auditors’ of the Company For the Financial Year ending 31st March, 2024.
    2 for0 against
  • Continuation of directorship of Mr. Swarnjit Singh (DIN: 07409567), as an Independent Director of the Company.
    2 for0 against
  • Re-appointment of Ms. Anu Ahluwalia (DIN: 07254059) as an Independent Director of the Company.
    2 for0 against
  • Appointment of Mr. Sudhir Mehra (DIN: 07424678), as an Independent Director of the Company.
    2 for0 against
  • Appointment of Mr. Nand Parkash Sahni (DIN: 00037478), as an Independent Director of the Company.
    2 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
Yes
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.