Synergy Green Industries MD, chairman, board of directors and AGM
NSE: SGILBSE: 541929Industrial ProductsSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹557.60.
- Next results date: the board meets on 3 Nov 2026 to consider: financial results.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹890 Cr1,587th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit.
- Lossover the last 12 months
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 20 May 2026
- 8.0
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 13 Aug 2026
- −8.1%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 13 Aug 2026
- 1.9%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 20 May 2026
- 2.25
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 4,14271.2% delivered
Synergy Green Industries 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
- Chairperson and managing directorSachin Rajendra ShirgaokarRelated to the promoter
- Company Secretary and Compliance OfficerNILESH MANKAR
10 directors5 independent2 executive3 non-executive
- Sachin Rajendra Shirgaokar · Chairperson and managing directorExecutive · joined Oct 2010 · reappointed Apr 2026 · 2 listed boards · 2 committee seats
- Niraj Shishir ShirgaokarNon-executive · joined Apr 2025 · 2 listed boards · 1 committee seat
- Chandan Sanjeev ShirgaokarNon-executive · joined Jan 2011 · 2 listed boards · 1 committee seat
- Sohan Sanjeev ShirgaokarNon-executive · joined Oct 2010 · reappointed Apr 2026 · 2 listed boards · 2 committee seats
- Vendavagali Srinivasa ReddyExecutive · joined Apr 2012 · reappointed Apr 2026 · 1 listed board
- Dattaram Pandurang KamatIndependent · joined Feb 2018 · reappointed Feb 2023 · 100 months as independent · 1 listed board · 1 as independent · 2 committee seats
- Meyyappan ShanmugamIndependent · joined May 2018 · reappointed May 2023 · 94 months as independent · 1 listed board · 1 as independent
- Subhash Gundappa KutteIndependent · joined Jan 2019 · reappointed Jan 2024 · 87 months as independent · 3 listed boards · 2 as independent · 5 committee seats, 2 as chair
- Deepak Vidyadhar DhadotiIndependent · joined Apr 2026 · 3 months as independent · 1 listed board · 1 as independent · 1 committee seat
- Meghana Ashok MulyeIndependent · joined Apr 2026 · 3 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
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.
3 directors who left
- Prabha Prakash Kulkarni, left 1 Apr 2026: Tenure Completion
- Mallappa Rachappa Desai, left 1 Apr 2026: Tenure Completion
- Shishir Suresh Shirgaokar, left 1 Apr 2025: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 19 May 202610 of 10 present5 independent · 19 days in between
- 29 Apr 202610 of 10 present5 independent · 76 days in between
- 11 Feb 20269 of 10 present4 independent
Audit Committee
Chair Subhash Gundappa Kutte
Dattaram Pandurang Kamat, Chandan Sanjeev Shirgaokar, Deepak Vidyadhar Dhadoti, Meghana Ashok Mulye
- 19 May 20265 of 5 present4 independent · 96 days in between
- 11 Feb 20264 of 5 present3 independent
Nomination and remuneration committee
Chair Dattaram Pandurang Kamat
Subhash Gundappa Kutte, Meghana Ashok Mulye
- 19 May 20263 of 3 present3 independent · 97 days in between
- 10 Feb 20263 of 3 present3 independent
Stakeholders Relationship Committee
Chair Meghana Ashok Mulye
Dattaram Pandurang Kamat, Niraj Shishir Shirgaokar
- 10 Feb 20262 of 3 present2 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.
- P G BHAGWAT LLPPeer-review certificate valid to May 2027
1 earlier auditor
- DAB & AssociatesNamed 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.
Synergy Green Industries 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.Synergy Green Industries dividend history
Annual general meeting, 23 Jul 2026
10,236 shareholders on the register on 17 Jul 2026; present: 11 promoters and 31 others; votes counted by DEVENDRA DESHPANDE / DVD & ASSOCIATES.The company's voting result (opens in a new tab)
To consider and adopt the Standalone and Consolidated Audited Financial Statements of the Company for the Financial Year ended March 31, 2026 together with the Boards Report and the Auditors Report thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 65.43% · promoters 91.29% · institutions 86.94% · other public 0.88%
- To appoint a director in place of Mr. Niraj S. Shirgaokar (DIN: 00254525), who retires by rotation and being eligible, offers himself for re-appointment.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 65.43% · promoters 91.29% · institutions 86.94% · other public 0.88%
- To declare a Dividend on 10 percent Redeemable Cumulative Preference shares for the financial year ended on March 31, 2026.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 65.43% · promoters 91.29% · institutions 86.94% · other public 0.88%
- To appoint statutory Auditors Ms P. G. Bhagwat LLP, Chartered Accountants in the place of retiring Auditors Ms. DAB And Associates, Chartered AccountantsOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 65.43% · promoters 91.29% · institutions 86.94% · other public 0.88%
- To consider and approve the continuation of Mr. Subhash G. Kutte (DIN:00233322) as an Independent Director under Regulation 17(1A) of SEBI (LODR) Regulations 2015 who will attain age of 75 yearsSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 65.43% · promoters 91.29% · institutions 86.94% · other public 0.88%
- To increase Borrowing Limits us 180 (1) (c) and 180 (1) (a) of the Companies Act 2013 from Rs. 200.00 Crores to Rs. 250.00 CroresSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 65.43% · promoters 91.29% · institutions 86.94% · other public 0.88%
- To ratify the remuneration payable to the Cost Auditor Ms. Dhananjay V. Joshi and Associates, Cost Accountants for F.Y.2026-27 for conducting Cost Audit of the Company.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 65.43% · promoters 91.29% · institutions 86.94% · other public 0.88%
- To consider and approve Acceptance of deposits us 73 of the Companies Act 2013.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 65.43% · promoters 91.29% · institutions 86.94% · other public 0.88%
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.
Postal ballot, 21 Mar 2026, 5 resolutions
11,644 shareholders on the register on 13 Feb 2026; votes counted by DEVENDRA DESHPANDE / DVD & ASSOCIATES.The company's voting result (opens in a new tab)
- To consider and approve the appointment of Mr. Deepak Vidyadhar Dhadoti as Independent Director for first term.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 66.21% · promoters 91.96% · institutions 85.26% · other public 3.58%
- To consider and approve the appointment of Mrs. Meghana Ashok Mulye as Independent Director for first term.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 66.21% · promoters 91.96% · institutions 85.26% · other public 3.58%
- To consider and approve reappointment of Mr. Sachin R. Shirgaokar, (DIN: 00254442) Chairman and Managing Director and reconsider his remuneration for the period of 3 years w.e.f. 01.04.2026.SpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 66.21% · promoters 91.96% · institutions 85.26% · other public 3.58%
- To consider and approve the reappointment of Mr. Vendavagali Srinivasa Reddy, (DIN: 03425960) Wholetime Director for the period of 3 years and reconsider his remuneration w.e.f. 01.04.2026.SpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 66.21% · promoters 91.96% · institutions 85.26% · other public 3.58%
- To consider and approve the re-appointment of Mr. Sohan S. Shirgaokar (DIN:00217631) with change in his designation from Joint Managing Director to Non-Executive Director of the Company.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 66.21% · promoters 91.96% · institutions 85.26% · other public 3.58%
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, 23 Sep 2025, 6 resolutions
13,523 shareholders on the register on 17 Sep 2025; present: 7 promoters and 43 others; votes counted by DEVENDRA DESHPANDE / DVD & ASSOCIATES.The company's voting result (opens in a new tab)
- To consider and adopt the Audited Financial Statements of the Company for the Financial Year ended March 31, 2025 together with the Boards Report and the Auditors Report thereonOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 64.48% · promoters 91.96% · institutions 1.42% · other public 2.21%
- To appoint a director in place of Mr. Chandan S. Shirgaokar (DIN:00208200), who retires by rotation and being eligible, offers himself for re-appointment.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 64.48% · promoters 91.96% · institutions 1.42% · other public 2.21%
To declare a Dividend on 10 percent Redeemable Cumulative Preference shares for the F.Y. 2024-25 and declare a dividend at the rate 10 percent (i.e Rs.1.00- per equity share of Rs.10.00- each) on Equity Shares for the financial year ended on March 31, 2025MoreLess
OrdinaryPromoters have an interest in it100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 64.48% · promoters 91.96% · institutions 1.42% · other public 2.21%
- To Consider and approve appointment of Secretarial Auditor for the period of 5 (five) consecutive period.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 64.48% · promoters 91.96% · institutions 1.42% · other public 2.21%
- To ratify the remuneration payable to the Cost Auditor for the F.Y. 2025-26Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 64.48% · promoters 91.96% · institutions 1.42% · other public 2.21%
- To consider and approve Acceptance of deposits us. 73 of the Companies Act 2013.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 64.48% · promoters 91.96% · institutions 1.42% · other public 2.21%
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.
Postal ballot, 20 Apr 2025, 5 resolutions
14,278 shareholders on the register on 19 Mar 2025; votes counted by Jayesh Parmar / Prajot Tungare & Associates.The company's voting result (opens in a new tab)
- To take approval for Employee Stock Option Plan 2025 of the Company.Special99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.28%
Turnout: all 64.70% · promoters 91.39% · institutions 0.00% · other public 5.31%
- To take approval of Trust Route for the implementation of the Employee Stock Option Plan 2025 of the Company.Special99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.28%
Turnout: all 64.70% · promoters 91.39% · institutions 0.00% · other public 5.31%
- To take approval for acquisition of equity shares from secondary market through Trust route for implementation of Synergy Green Industries Ltd. (SGIL) Employee Stock Option Plan 2025 (ESOP 2025).Special99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.28%
Turnout: all 64.70% · promoters 91.39% · institutions 0.00% · other public 5.31%
- To take approval for making provision of money by the Company for purchase of its own shares by the Trust / Trustees for the Employees under Company’s Employee Stock Option Plan 2025.Special99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.28%
Turnout: all 64.70% · promoters 91.39% · institutions 0.00% · other public 5.31%
- To appoint Mr. Niraj Shirgaokar as a Director w.e.f. April 02, 2025.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 64.70% · promoters 91.39% · institutions 0.00% · other public 5.31%
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, 20 Aug 2024, 7 resolutions
Present: 17 promoters and 43 others.The company's voting result (opens in a new tab)
- To consider and adopt the Audited Financial Statements of the Company for the Financial Year ended 31st March, 2024 together with the Boards Report and the Auditors Report thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 70.44% · promoters 91.79% · institutions 73.74% · other public 2.84%
- To appoint a director in place of Mr. Chandan S. Shirgaokar (DIN:00208200), who retires by rotation and being eligible, offers himself for re-appointment.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 70.44% · promoters 91.79% · institutions 73.74% · other public 2.84%
- To declare a dividend to 10% Cumulative Redeemable Preference shareholders for last five Financial Years i.e. from F.Y.2019-20 to F.Y.2023-24OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 70.44% · promoters 91.79% · institutions 73.74% · other public 2.84%
- To consider and approve the re-appointment of Mr. Shishir S. Shirgaokar (DIN:00166189) as Non-Executive Director attaining age of more than 75 yearsSpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 70.44% · promoters 91.79% · institutions 73.74% · other public 2.84%
- To consider and approve the continuation of Mr. Dattaram P. Kamat (DIN:02081844) as Independent Director under Regulation 17(1A) of SEBI (LODR) Regulations 2015 who has attained age of 75 years.Special97.40% for2.60% against
Against: promoters 0.00% · institutions 100.00% · other public 0.00%
Turnout: all 70.41% · promoters 91.79% · institutions 73.74% · other public 2.71%
- Appointment of M/s. Adawadkar Chougule & Associates, Cost Accountants for the F.Y.2024-25 for conducting Cost Audit of the Company.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 70.44% · promoters 91.79% · institutions 73.74% · other public 2.84%
- To accept / renew unsecured deposits from members u/s 73 of the Companies Act 2013.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 70.44% · promoters 91.79% · institutions 73.74% · other public 2.84%
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.
Postal ballot, 28 Dec 2023, 2 resolutions
The company's voting result (opens in a new tab)
- To consider and approve the re-appointment of Mr. Subhash G. Kutte (DIN: 00233322) as an Independent Director of the Company for second term of 5 yearsSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.38%
Turnout: all 73.96% · promoters 91.80% · institutions 100.00% · other public 0.93%
- To consider and approve the alteration in object clause of MOA for generation of electricity through Solar PlantSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 73.96% · promoters 91.80% · institutions 100.00% · other public 0.93%
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.
Postal ballot, 5 Oct 2023, 2 resolutions
The company's voting result (opens in a new tab)
- To consider and approve the re-appointment of Mr. Sachin R. Shirgaokar (DIN: 00254442) as Chairman & Managing Director of the Company for a further period of three (3) years and his remunerationSpecialPromoters have an interest in it99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 5.41%
Turnout: all 73.91% · promoters 91.80% · institutions 98.10% · other public 0.69%
- To consider and approve the re-appointment of Mr. Sohan S. Shirgaokar (DIN: 00217631) as Joint Managing Director of the Company for a further period of three (3) years and his remunerationSpecialPromoters have an interest in it99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 7.82%
Turnout: all 73.86% · promoters 91.80% · institutions 98.10% · other public 0.47%
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, 9 Aug 2023, 5 resolutions
Present: 19 promoters and 13 others.The company's voting result (opens in a new tab)
- To adopt the Audited Financial Statements of the Company for the Financial Year ended 31st March, 2023 together with the Board’s Report and the Auditors’ Report.Ordinary99.92% for0.08% against
Against: promoters 0.00% · institutions 0.00% · other public 43.23%
Turnout: all 75.27% · promoters 93.41% · institutions 97.92% · other public 0.67%
- To appoint a director in place of Mr. Chandan S. Shirgaokar, who retires by rotation and being eligible, offers himself for reappointment.OrdinaryPromoters have an interest in it99.92% for0.08% against
Against: promoters 0.00% · institutions 0.00% · other public 43.23%
Turnout: all 75.27% · promoters 93.41% · institutions 97.92% · other public 0.67%
- To consider and approve the re-appointment of Mr. Meyyappan Shanmugam (DIN: 00079844) as Independent Director for second term.Special91.96% for8.04% against
Against: promoters 0.00% · institutions 100.00% · other public 43.23%
Turnout: all 75.27% · promoters 93.41% · institutions 97.92% · other public 0.67%
- M/s. Adawadkar Chougule & Associates, Cost Accountants for F.Y.2023-24 for conducting Cost Audit of the Company.Ordinary99.92% for0.08% against
Against: promoters 0.00% · institutions 0.00% · other public 43.23%
Turnout: all 75.27% · promoters 93.41% · institutions 97.92% · other public 0.67%
- To accept / renew unsecured deposits from members u/s 73 of the Companies Act 2013OrdinaryPromoters have an interest in it99.92% for0.08% against
Against: promoters 0.00% · institutions 0.00% · other public 43.23%
Turnout: all 75.27% · promoters 93.41% · institutions 97.92% · other public 0.67%
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.
Fines and tax disputes
Reported in the filing for the quarter to Jun 2026.
- Fine or penaltyNATIONAL STOCK EXCHANGESince 30 Jun 2026₹5,900
Non-compliance with Regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Disclosure of Related party transactions under regualtion 23(9) has been submitted delay to the exchange by 1 day. - Fine or penaltyBSE LimitedSince 30 Jun 2026₹5,900
Non-compliance with Regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Disclosure of Related party transactions under regualtion 23(9) has been submitted delay to the exchange by 1 day. - Tax disputeGoods and Service Tax Appellate AuthoritySince 27 Aug 2021Case is pending with appellate authority of GST tribunalAt the filing before: Excess ITC granted for Service Input credit for GST refund on account of Inverted Tax structure. Amount involved Rs.5,34,12,348.00.
- Tax disputeGoods and Service Tax Appellate AuthoritySince 3 Feb 2025Appeal filed on 12.04.2025 at GST Appellate Authority, PuneAt the filing before: Ineligible ITC claimed in GST Trans-1 Service Tax Credit of RCM paid for the month of Jun 2017 in Jul 2017. Credit of the same claimed in Trans-1 of Rs.12,17,553.00
In the company's own words, from its latest governance filing.
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
- 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
- No
- The chair is related to the managing director
- Yes
- The filing has a part on fines and penalties
- Yes
- The filing has a part on tax disputes
- Yes
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.
How money raised was used
Reported for the quarter to Jun 2026. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere | Reason and comments |
|---|---|---|---|---|---|---|
| Rights IssuesOct 2024 | 45.92 | Foundry Expansion | 8.85 | 8.15 | No | Audit committee: It may be noted that there is no deviation in the utilization of Issue proceeds of FPO.Auditors: Auditors certified that there is no variation in the use of FPO proceeds from the objects and issued certificate accordingly. |
| Rights IssuesOct 2024 | 45.92 | Fettling Shop | 5.01 | 5.01 | No | Audit committee: It may be noted that there is no deviation in the utilization of Issue proceeds of FPO.Auditors: Auditors certified that there is no variation in the use of FPO proceeds from the objects and issued certificate accordingly. |
| Rights IssuesOct 2024 | 45.92 | Machine Shop | 14.45 | 14.45 | No | Audit committee: It may be noted that there is no deviation in the utilization of Issue proceeds of FPO.Auditors: Auditors certified that there is no variation in the use of FPO proceeds from the objects and issued certificate accordingly. |
| Rights IssuesOct 2024 | 45.92 | Solar | 7.08 | 6.91 | No | Audit committee: It may be noted that there is no deviation in the utilization of Issue proceeds of FPO.Auditors: Auditors certified that there is no variation in the use of FPO proceeds from the objects and issued certificate accordingly. |
| Rights IssuesOct 2024 | 45.92 | General Corporate Expenses | 8.53 | 8.53 | No | Audit committee: It may be noted that there is no deviation in the utilization of Issue proceeds of FPO.Auditors: Auditors certified that there is no variation in the use of FPO proceeds from the objects and issued certificate accordingly. |
| Rights IssuesOct 2024 | 45.92 | Issue Expenses | 2.00 | 2.00 | No | Audit committee: It may be noted that there is no deviation in the utilization of Issue proceeds of FPO.Auditors: Auditors certified that there is no variation in the use of FPO proceeds from the objects and issued certificate accordingly. |