Shriram Finance logo

Shriram Finance CEO, MD, chairman, board of directors and AGM

NSE: SHRIRAMFINBSE: 511218FinanceLarge Cap

Formerly Shriram Transport Finance Company
Last close ₹865.00down ₹35.90 (3.98%)BSE ₹867.00

Share price at the NSE close on 23 Oct 2026. Previous close ₹900.90.

52-week range of traded prices to 23 Oct 2026
₹695.25Low, 23 Oct 2025₹1,153.70High, 6 Aug 2026
Market cap
₹2,03,538 Cr42nd largest listed
P/E
18.0
P/B
Shares changed
Dividend yield
1.25%
ROE
18.5%
NIM
9.00%
Cost of funds
8.88%
Credit cost
2.02%
ROA
3.26%
Leverage
5.03times net worth
Volume, NSE
71,41,14245.3% delivered

Shriram Finance 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

  • ChairpersonJugal Kishore Mohapatra
  • Managing director and CEOParag Sharma
  • Company Secretary and Compliance OfficerU Balasundararao

12 directors5 independent3 executive4 non-executive

  • Jugal Kishore Mohapatra · ChairpersonIndependent · joined Dec 2022 · reappointed Dec 2025 · 45 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
  • Panja Pradeep KumarIndependent · joined Oct 2018 · reappointed Oct 2023 · 95 months as independent · 3 listed boards · 3 as independent · 2 committee seats, 2 as chair
  • S. RavindranIndependent · joined Aug 2023 · reappointed Aug 2023 · 37 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
  • Gokul Subramanian DixitIndependent · joined Jun 2024 · reappointed Jun 2024 · 28 months as independent · 2 listed boards · 2 as independent · 2 committee seats, 1 as chair
  • Bhanumathi Viswanathan MelatturIndependent · joined Jun 2024 · reappointed Jun 2024 · 28 months as independent · 3 listed boards · 3 as independent · 4 committee seats, 3 as chair
  • Devaki Venkataraman RaviNon-executive · joined Jun 2015 · 1 listed board
  • Ignatius Michael ViljoenNon-executive · joined May 2019 · 1 listed board
  • Morihiko FujiNon-executive · joined Apr 2026 · 1 listed board
  • Shinichi FujinamiNon-executive · joined Apr 2026 · 1 listed board · 1 committee seat
  • Umesh G. RevankarExecutive · joined Oct 2016 · reappointed Oct 2024 · 1 listed board · 2 committee seats
  • Parag Sharma · Managing director and CEOExecutive · joined Dec 2021 · 1 listed board · 1 committee seat, 1 as chair
  • Sunder SubramanianExecutive · joined Oct 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.

3 directors who left
  • Yalamati Srinivasa Chakravarti, left 4 Dec 2025: Tenure Completion
  • Maya Swaminathan Sinha, left 3 Dec 2024: Tenure Completion
  • Srinivasan Sridhar, left 19 Oct 2024: Tenure Completion

Committees and meetings

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

  • Board

    • 30 Sep 202610 of 12 present5 independent · 67 days in between
    • 24 Jul 202612 of 12 present5 independent · 13 days in between
    • 10 Jul 202612 of 12 present5 independent · 36 days in between
    • 3 Jun 202612 of 12 present5 independent · 39 days in between
    2 earlier meetings
    • 24 Apr 202612 of 12 present5 independent · 15 days in between
    • 8 Apr 20269 of 10 present5 independent

  • Audit Committee

    Chair Panja Pradeep Kumar

    S. Ravindran, Gokul Subramanian Dixit, Bhanumathi Viswanathan Melattur, Shinichi Fujinami

    • 24 Jul 20265 of 5 present4 independent · no day in between
    • 23 Jul 20265 of 5 present4 independent · 49 days in between
    • 3 Jun 20265 of 5 present4 independent · 39 days in between
    • 24 Apr 20264 of 4 present4 independent · no day in between
    1 earlier meeting
    • 23 Apr 20264 of 4 present4 independent

  • Nomination and remuneration committee

    Chair S. Ravindran

    Jugal Kishore Mohapatra, Bhanumathi Viswanathan Melattur, Panja Pradeep Kumar, Devaki Venkataraman Ravi, Morihiko Fuji

    • 23 Apr 20264 of 4 present3 independent
    • 22 Apr 20264 of 4 present3 independent

  • Stakeholders Relationship Committee

    Chair Jugal Kishore Mohapatra

    Panja Pradeep Kumar, S. Ravindran, Umesh G. Revankar, Parag Sharma

    • 23 Jul 20265 of 5 present3 independent · 90 days in between
    • 23 Apr 20265 of 5 present3 independent

  • Risk Management Committee

    Chair Umesh G. Revankar

    Gokul Subramanian Dixit, Parag Sharma, Sunder Subramanian, Shinichi Fujinami, Hardeep Singh Tur

    • 23 Jul 20265 of 5 present1 independent · 90 days in between
    • 23 Apr 20264 of 4 present1 independent

  • Corporate Social Responsibility Committee

    Chair Umesh G. Revankar

    S. Ravindran, Parag Sharma, Shinichi Fujinami

    • 22 Apr 20263 of 3 present1 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 auditors

Named in the results for the quarter to Jun 2026.

  • M/s G. D. Apte & CoPeer-review certificate valid to Nov 2026
  • M/s M M Nissim & Co LLPPeer-review certificate valid to Mar 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.

Shriram Finance 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.Shriram Finance dividend history

Annual general meeting, 10 Jul 2026

3,65,191 shareholders on the register on 3 Jul 2026; present: 3 promoters and 149 others; votes counted by Sriram Parthasarathy / SPNP & Associates.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, 2026, together with the Reports of the Board of Directors and the Auditors thereonMoreLess
    Ordinary
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.02% · other public 0.01%

    Turnout: all 89.35% · promoters 99.99% · institutions 92.33% · other public 2.33%

  2. To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2026, together with the Report of the Auditors thereon
    Ordinary
    99.86% for0.14% against

    Against: promoters 0.00% · institutions 0.18% · other public 0.01%

    Turnout: all 89.35% · promoters 99.99% · institutions 92.33% · other public 2.33%

  3. To declare a final dividend of Rs.6/- per Equity Share of face value of Rs.2/- each fully paid-up and to confirm the payment of Interim Dividend of Rs.4.80 per Equity Share of face value of Rs.2/- each fully paid-up declared by the Board of Directors at its meeting held on October 31, 2025 for the Financial Year ended March 31, 2026MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 89.57% · promoters 99.99% · institutions 92.63% · other public 2.33%

  4. To appoint a director in place of Mr. D. V. Ravi (DIN 00171603), who retires by rotation at this meeting and being eligible, offers himself for re-appointment as a Director of the Company
    Ordinary
    90.45% for9.55% against

    Against: promoters 0.00% · institutions 12.38% · other public 0.02%

    Turnout: all 89.57% · promoters 99.99% · institutions 92.62% · other public 2.33%

  5. To fix remuneration of M/s. G. D. Apte & Co., Chartered Accountants, Mumbai, (ICAI Firm Registration No.100515W), one of the Joint Statutory Auditors of the Company
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 89.57% · promoters 99.99% · institutions 92.62% · other public 2.33%

  6. To fix remuneration of M/s M M NISSIM & CO LLP, Chartered Accountants, Mumbai, (ICAI Firm Registration No.107122W/W100672), one of the Joint Statutory Auditors of the Company
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 89.57% · promoters 99.99% · institutions 92.62% · other public 2.33%

  7. Appointment of Mr. Morihiko Fuji (DIN 11544762) as a Non-Executive and Non-Independent Director (Nominee of MUFG Bank Ltd.) of the Company
    Ordinary
    97.05% for2.95% against

    Against: promoters 0.00% · institutions 3.82% · other public 0.03%

    Turnout: all 89.57% · promoters 99.99% · institutions 92.62% · other public 2.33%

  8. Appointment of Mr. Shinichi Fujinami (DIN 11545464) as a Non-Executive and Non-Independent Director (Nominee of MUFG Bank Ltd.) of the Company
    Ordinary
    95.86% for4.14% against

    Against: promoters 0.00% · institutions 5.37% · other public 0.02%

    Turnout: all 89.57% · promoters 99.99% · institutions 92.62% · other public 2.32%

  9. Re-appointment of Mr. Parag Sharma (DIN 02916744) as Whole Time Director designated as Managing Director & CEO of the Company and payment of remuneration to him
    Ordinary
    98.75% for1.25% against

    Against: promoters 0.00% · institutions 1.62% · other public 0.03%

    Turnout: all 89.39% · promoters 99.99% · institutions 92.40% · other public 2.13%

  10. To enter into Material Related Party Transaction(s) with MUFG Bank Ltd.
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 49.18% · promoters 0.00% · institutions 65.80% · other public 0.90%

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, 14 Jan 2026, 3 resolutions

3,16,239 shareholders on the register on 7 Jan 2026; present: 2 promoters and 108 others; votes counted by Mr. P. Sriram / SPNP & Associates.The company's voting result (opens in a new tab)

  1. Issuance of Equity Shares by way of Preferential Issue on a Private Placement Basis
    Special
    98.50% for1.50% against

    Against: promoters 0.00% · institutions 2.14% · other public 0.16%

    Turnout: all 86.51% · promoters 100.00% · institutions 89.09% · other public 3.13%

  2. Approve special rights granted to the Investor in accordance with Regulation 31B of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
    Special
    99.46% for0.54% against

    Against: promoters 0.00% · institutions 0.77% · other public 0.52%

    Turnout: all 86.49% · promoters 100.00% · institutions 89.06% · other public 3.13%

  3. Approval for one-time, non-recurring and fixed amount to Shriram Ownership Trust, Promoter of the Company, for the non-compete and non-solicit obligations
    OrdinaryPromoters have an interest in it
    91.94% for8.06% against

    Against: promoters 0.00% · institutions 8.06% · other public 3.48%

    Turnout: all 60.94% · promoters 0.00% · institutions 88.97% · other public 1.38%

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, 2 Dec 2025, 5 resolutions

2,77,892 shareholders on the register on 24 Oct 2025; votes counted by Mr. P. Sriram / SPNP & Associates.The company's voting result (opens in a new tab)

  1. Re-appointment of Mr. Jugal Kishore Mohapatra (DIN 03190289) as an Independent Director of the Company for the second term
    Special
    97.17% for2.83% against

    Against: promoters 0.00% · institutions 4.03% · other public 0.24%

    Turnout: all 86.20% · promoters 100.00% · institutions 88.27% · other public 3.01%

  2. Re-designation of Mr. Parag Sharma (DIN 02916744) as Managing Director & Chief Executive Officer of the Company with effect from December 5, 2025
    Ordinary
    99.12% for0.88% against

    Against: promoters 0.00% · institutions 1.25% · other public 0.21%

    Turnout: all 86.19% · promoters 100.00% · institutions 88.25% · other public 3.01%

  3. Appointment of Mr. Sunder Subramanian (DIN 08189901) as a Director of the Company
    Ordinary
    96.61% for3.39% against

    Against: promoters 0.00% · institutions 4.81% · other public 0.22%

    Turnout: all 86.20% · promoters 100.00% · institutions 88.27% · other public 3.01%

  4. Appointment of Mr. Sunder Subramanian (DIN 08189901) as a Whole Time Director of the Company and payment of remuneration to him
    Ordinary
    98.80% for1.20% against

    Against: promoters 0.00% · institutions 1.70% · other public 0.25%

    Turnout: all 86.20% · promoters 100.00% · institutions 88.27% · other public 3.01%

  5. Renewal of limit to issue Debentures on private placement basis by the Board
    Special
    98.95% for1.05% against

    Against: promoters 0.00% · institutions 1.49% · other public 0.30%

    Turnout: all 86.20% · promoters 100.00% · institutions 88.27% · other public 3.01%

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, 18 Jul 2025, 12 resolutions

2,72,755 shareholders on the register on 11 Jul 2025; present: 4 promoters and 131 others; votes counted by Nithya Pasupathy / SPNP & Associates.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited StandaloneFinancial Statements of the Company for the Financial Year ended March 31, 2025, together with the Reports of the Board of Directors and the Auditors thereonMoreLess
    Ordinary
    99.94% for0.06% against

    Against: promoters 0.00% · institutions 0.09% · other public 0.00%

    Turnout: all 85.18% · promoters 100.00% · institutions 86.72% · other public 2.74%

  2. To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the FinancialYear ended March 31, 2025, together with the Report of the Auditors thereon
    Ordinary
    99.94% for0.06% against

    Against: promoters 0.00% · institutions 0.09% · other public 0.00%

    Turnout: all 85.18% · promoters 100.00% · institutions 86.72% · other public 2.74%

  3. To declare a final dividend of Rs. 3/- per Equity Share of face value of Rs. 2/- each fully paid-up and to confirm the payment of two Interim Dividends viz.(i) first interim dividend of Rs. 22/- per Equity Share of face value of Rs.10/- each fully paid up (pre-split of face value of equity share) and (ii) second interim dividend of Rs. 2.50 per Equity Share of face value of Rs. 2/- each fully paid up (post-split of face value of equity share) declared by theBoard of Directors at their respective meetings held on October 25, 2024 and January 24, 2025, for the Financial Year ended March 31, 2025MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 85.36% · promoters 100.00% · institutions 86.99% · other public 2.74%

  4. To appoint a Director in place of Mr. Ignatius Michael Viljoen (DIN 08452443), Director who retires by rotation at this meeting and being eligible, offers himself for re-appointment as a Director of the CompanyMoreLess
    Ordinary
    92.31% for7.69% against

    Against: promoters 0.00% · institutions 10.98% · other public 0.01%

    Turnout: all 85.36% · promoters 100.00% · institutions 86.98% · other public 2.74%

  5. To fix remuneration of M/s. G. D. Apte and Co., Chartered Accountants, Mumbai, (ICAI Firm Registration No.100515W), as one of the Joint Statutory Auditors of the Company
    Ordinary
    99.62% for0.38% against

    Against: promoters 0.00% · institutions 0.55% · other public 0.00%

    Turnout: all 85.36% · promoters 100.00% · institutions 86.98% · other public 2.74%

  6. To fix remuneration of M/s M M Nissim and Co LLP,Chartered Accountants, Mumbai, (ICAI Firm Registration No.107122W/W100672), as one of the Joint Statutory Auditors of the Company
    Ordinary
    99.64% for0.36% against

    Against: promoters 0.00% · institutions 0.51% · other public 0.11%

    Turnout: all 85.36% · promoters 100.00% · institutions 86.98% · other public 2.74%

  7. To appoint M/s. V Suresh Associates, Practising Company Secretaries (Firm Registration No. P2016TN053700) as Secretarial Auditor of the Company for a term of 5 (five) years and to fix their remunerationMoreLess
    Ordinary
    99.96% for0.04% against

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

    Turnout: all 85.36% · promoters 100.00% · institutions 86.98% · other public 2.73%

  8. Payment of commission to the Independent Directors of the Company
    Ordinary
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.03% · other public 0.28%

    Turnout: all 85.36% · promoters 100.00% · institutions 86.98% · other public 2.74%

  9. Enhancement of limits of borrowing by the Board of Directors of the Company
    Special
    100.00% for0.00% against

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

    Turnout: all 85.34% · promoters 100.00% · institutions 86.96% · other public 2.74%

  10. Enhancement of limits for creation of security by the Board of Directors on the Company`s assets with respect to borrowing
    Special
    100.00% for0.00% against

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

    Turnout: all 85.31% · promoters 100.00% · institutions 86.92% · other public 2.73%

  11. Enhancement of limit to sell/ assign/ securitise receivables by the Board of Directors of the Company
    Special
    100.00% for0.00% against

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

    Turnout: all 85.33% · promoters 100.00% · institutions 86.94% · other public 2.74%

  12. Alteration of the Main Object Clause (Clause III A) of the Memorandum of Association of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.37%

    Turnout: all 85.36% · promoters 100.00% · institutions 86.98% · other public 2.73%

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 Dec 2024, 3 resolutions

The company's voting result (opens in a new tab)

  1. Renewal of limit to issue Debentures on private placement basis by the Board
    Special
    98.99% for1.01% against

    Against: promoters 0.00% · institutions 1.43% · other public 0.23%

    Turnout: all 86.38% · promoters 100.00% · institutions 87.83% · other public 3.29%

  2. Sub-division/ split of equity shares of the Company
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.42%

    Turnout: all 86.38% · promoters 100.00% · institutions 87.83% · other public 3.30%

  3. Alteration of Capital Clause (Clause V) of the Memorandum of Association of the Company
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.18%

    Turnout: all 86.38% · promoters 100.00% · institutions 87.83% · other public 3.30%

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 Jul 2024, 16 resolutions

Present: 2 promoters and 78 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, 2024, together with the Reportsnof the Board of Directors and the Auditors thereonMoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 83.90% · promoters 100.00% · institutions 83.98% · other public 3.05%

  2. To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2024, together with the Report of the Auditors thereon
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 83.90% · promoters 100.00% · institutions 83.98% · other public 3.05%

  3. To declare a Final Dividend of Rs.15/- per Equity Share of face value of Rs.10/- each and to confirm the payment of two Interim Dividends aggregating to Rs.30/- per Equity Share of face value of Rs.10/- each, declared by the Board of Directors in their meetings held on October 26, 2023 and January 25, 2024, for the Financial Year ended March 31, 2024MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 84.15% · promoters 100.00% · institutions 84.33% · other public 3.05%

  4. To appoint a director in place of Mr. Parag Sharma (DIN 02916744), Director who retires by rotation at this meeting and being eligible, offers himself for re-appointment as a Director of the Company
    Ordinary
    98.72% for1.28% against

    Against: promoters 0.00% · institutions 1.84% · other public 0.01%

    Turnout: all 84.15% · promoters 100.00% · institutions 84.33% · other public 3.05%

  5. To appoint M/s. G D Apte & Co, Chartered Accountants, Mumbai, (ICAI Firm Registration No. 100515W) as one of the Joint Statutory Auditors of the Company and to fix their remuneration for the Financial Year ending March 31, 2025MoreLess
    Ordinary
    99.74% for0.26% against

    Against: promoters 0.00% · institutions 0.37% · other public 0.01%

    Turnout: all 84.15% · promoters 100.00% · institutions 84.33% · other public 3.05%

  6. To appoint M/s M M Nissim & Co LLP, Chartered Accountants, Mumbai (ICAI Firm Registration No. 107122W/W100672) as one of the Joint Statutory Auditors of the Company and to fix their remuneration for the Financial Year ending March 31, 2025MoreLess
    Ordinary
    99.74% for0.26% against

    Against: promoters 0.00% · institutions 0.37% · other public 0.01%

    Turnout: all 84.15% · promoters 100.00% · institutions 84.33% · other public 3.05%

  7. Re-appointment of Mr. Umesh Revankar (DIN 00141189) as Whole Time Director designated as Executive Vice Chairman of the Company and payment of remuneration to him
    Ordinary
    98.84% for1.16% against

    Against: promoters 0.00% · institutions 1.67% · other public 0.01%

    Turnout: all 83.77% · promoters 100.00% · institutions 83.78% · other public 3.05%

  8. Elevation and re-designation of Mr. Parag Sharma (DIN 02916744) as Managing Director & CFO with effect from June 1, 2024
    Ordinary
    99.81% for0.19% against

    Against: promoters 0.00% · institutions 0.27% · other public 0.01%

    Turnout: all 84.14% · promoters 100.00% · institutions 84.31% · other public 3.05%

  9. Appointment of Mr. Gokul Dixit (DIN 00357170) as an Independent Director of the Company
    Special
    99.54% for0.46% against

    Against: promoters 0.00% · institutions 0.66% · other public 0.01%

    Turnout: all 83.77% · promoters 100.00% · institutions 83.78% · other public 3.05%

  10. Appointment of Mrs. M.V. Bhanumathi (DIN 10172983) as an Independent Director of the Company
    Special
    99.80% for0.20% against

    Against: promoters 0.00% · institutions 0.28% · other public 0.01%

    Turnout: all 83.77% · promoters 100.00% · institutions 83.78% · other public 3.05%

  11. Revision in the present terms of remuneration of Mr. Umesh Revankar (DIN 00141189), whole-time director designated as Executive Vice Chairman of the Company
    Ordinary
    98.43% for1.57% against

    Against: promoters 0.00% · institutions 2.26% · other public 0.07%

    Turnout: all 84.15% · promoters 100.00% · institutions 84.32% · other public 3.05%

  12. Revision in the term of remuneration of Mr. Y. S. Chakravarti (DIN 00052308), whole-time director designated as Managing Director & CEO of the Company
    Ordinary
    99.13% for0.87% against

    Against: promoters 0.00% · institutions 1.25% · other public 0.07%

    Turnout: all 84.15% · promoters 100.00% · institutions 84.32% · other public 3.05%

  13. Revision in the term of remuneration of Mr. Parag Sharma (DIN 02916744) whole-time director designated as Managing Director & CFO of the Company
    Ordinary
    98.49% for1.51% against

    Against: promoters 0.00% · institutions 2.17% · other public 0.07%

    Turnout: all 84.15% · promoters 100.00% · institutions 84.32% · other public 3.05%

  14. Enhancement of limits of borrowing by the Board of Directors of the Companyn
    Special
    100.00% for0.00% against

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

    Turnout: all 84.14% · promoters 100.00% · institutions 84.31% · other public 3.05%

  15. Enhancement of limits of creation of security by the Board of Directors of the Company in connection with borrowing
    Special
    100.00% for0.00% against

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

    Turnout: all 84.10% · promoters 100.00% · institutions 84.26% · other public 3.05%

  16. Enhancement of limit to sell/ assign/ securitize receivables by the Board of Directors of the Company
    Special
    100.00% for0.00% against

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

    Turnout: all 84.11% · promoters 100.00% · institutions 84.28% · other public 3.05%

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.

Postal ballot, 25 Feb 2024, 1 resolution

The company's voting result (opens in a new tab)

  1. Renewal of limit to issue debentures on private placement basis by the Board
    Special
    98.90% for1.10% against

    Against: promoters 0.00% · institutions 1.54% · other public 0.43%

    Turnout: all 83.36% · promoters 92.64% · institutions 85.46% · other public 2.83%

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)

  1. Re-appointment of Mr. Pradeep Kumar Panja (DIN 03614568) as an IndependentnDirector of the Company
    Special
    94.70% for5.30% against

    Against: promoters 0.00% · institutions 7.55% · other public 2.90%

    Turnout: all 85.98% · promoters 100.00% · institutions 86.22% · other public 3.46%

  2. Appointment of Mr. S. Ravindran (DIN 09778966) as an Independent Director ofnthe Company
    Special
    99.50% for0.50% against

    Against: promoters 0.00% · institutions 0.70% · other public 2.93%

    Turnout: all 86.02% · promoters 100.00% · institutions 86.27% · other public 3.47%

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.

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 10 Jul 2026, 19 fund houses so far (houses' deadline to file 15 Oct 2026)

  • To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2026, together with the Reports of the Board of Directors and the Auditors thereonMoreLess
    19 for0 against
  • To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2026, together with the Report of the Auditors thereon
    19 for0 against
  • To declare a final dividend of Rs.6/- per Equity Share of face value of Rs.2/- each fully paid-up and to confirm the payment of Interim Dividend of Rs.4.80 per Equity Share of face value of Rs.2/- each fully paid-up declared by the Board of Directors at its meeting held on October 31, 2025 for the Financial Year ended March 31, 2026MoreLess
    19 for0 against
  • To appoint a director in place of Mr. D. V. Ravi (DIN 00171603), who retires by rotation at this meeting and being eligible, offers himself for re-appointment as a Director of the Company
    19 for0 against
  • To fix remuneration of M/s. G. D. Apte & Co., Chartered Accountants, Mumbai, (ICAI Firm Registration No.100515W), one of the Joint Statutory Auditors of the Company
    19 for0 against
  • To fix remuneration of M/s M M NISSIM & CO LLP, Chartered Accountants, Mumbai, (ICAI Firm Registration No.107122W/W100672), one of the Joint Statutory Auditors of the Company
    19 for0 against
  • Appointment of Mr. Morihiko Fuji (DIN 11544762) as a Non-Executive and Non-Independent Director (Nominee of MUFG Bank Ltd.) of the Company
    19 for0 against
  • Appointment of Mr. Shinichi Fujinami (DIN 11545464) as a Non-Executive and Non-Independent Director (Nominee of MUFG Bank Ltd.) of the Company
    19 for0 against
  • Re-appointment of Mr. Parag Sharma (DIN 02916744) as Whole Time Director designated as Managing Director & CEO of the Company and payment of remuneration to him
    19 for0 against
  • To enter into Material Related Party Transaction(s) with MUFG Bank Ltd.
    19 for0 against

Mutual fund votes, meeting of 14 Jan 2026, 40 fund houses

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

  • Issuance of Equity Shares by way of Preferential Issue on a Private Placement Basis
    Against Angel One Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, PPFAS Mutual Fund, Zerodha Mutual Fund
    • Angel One Mutual FundThe preferential offer, coupled with the grant of Special Rights to MUFG as envisaged in Resolution #2,which are superior to the rights of existing promoter who is in control, appears to have vested MUFG with “control” which should trigger an “Open Offer”. Hence, Compliance Concern is identified as the proposed preferential issue should be followed by an Open Offer which is not presently envisaged by the Company.
    • Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Zerodha Mutual FundNon-Compliant with law. The preferential offer, coupled with the grant of Special Rights to MUFG as envisaged in Resolution #2,which are superior to the rights of existing promoter who is in control, appears to have vested MUFG with “control” as defined under the SEBI Regulations and the Companies Act, which should trigger an “Open Offer”. Hence, Compliance Concern is identified as the proposed preferential issue should be followed by an Open Offer which is not presently envisaged by the Company
    • PPFAS Mutual FundPreferential Issue should be followed by Open Offer which is not presently envisaged.
    33 for6 against
  • Approve special rights granted to the Investor in accordance with Regulation 31B of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
    Against Angel One Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, PPFAS Mutual Fund, Zerodha Mutual Fund
    • Angel One Mutual FundMajor concerns identified with other rights sought. Pre-emptive rights to protect dilution of select investor unfair as the other investors will face an added amount of dilution if such an arrangement is granted and such a select right is unfair for other investors. Further, MUFG has secondment rights to put upto 6 persons in the Company. Management and the Stakeholders should ideally be kept separate; an Investor should act as a financial sponsor and strategic advisor, and not assume operational or managerial control or influence. These rights can result in MUFG directing or controlling policies and management, notwithstanding that fact that Notice states that the secondees will not be Key Managerial persons or Senior management personnel. Power of Board / Management representation appears to vest the Investor with control without the triggering an open offer.
    • Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Zerodha Mutual FundNon-Compliant with law as the acquirer will attain controlling powers without making open offer. No concern with board representation sought per-se. However, major concerns identified with other rights sought. Pre-emptive rights to protect dilution of select investor unfair as the other investors will face an added amount of dilution if such an arrangement is granted and such a select right is unfair for other investors. Further, MUFG has secondment rights to put upto 6 persons in the Company. Management and the Stakeholders should ideally be kept separate; an Investor should act as a financial sponsor and strategic advisor, and not assume operational or managerial control or influence. These rights can result in MUFG directing or controlling policies and management, notwithstanding that fact that Notice states that the secondees will not be Key Managerial persons or Senior management personnel. Power of Board / Management representation appears to vest the Investor with control without the triggering an open offer
    • PPFAS Mutual FundControlling Rights being acquired without Open Offer; Special treatment being provided to the Investor; unfair for the existing Investors
    33 for6 against
  • Approval for one-time, non-recurring and fixed amount to Shriram Ownership Trust, Promoter of the Company, for the non-compete and non-solicit obligations
    Against Angel One Mutual Fund, Canara Robeco Mutual Fund, Groww Mutual Fund, ICICI Prudential Mutual Fund, Invesco Mutual Fund, Jio BlackRock Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Nippon India Mutual Fund, PPFAS Mutual Fund, Quantum Mutual Fund, Sundaram Mutual Fund, UTI Mutual Fund, Zerodha Mutual Fund
    • Angel One Mutual FundTransparency Concern: The proposed payment of a non-compete / non-solicit fee to a promoter who continues to remain invested in the Company with a near-equal stake raises concerns of incomplete disclosure. It is unclear why such protection is required; if Shriram were to start a competing business, it would harm its own economic interest as much as MUFG’s, given their comparable shareholding. The Company should therefore clearly explain the rationale and demonstrate how the proposed payment represents fair and reasonable compensation to the promoter entity.
    • Canara Robeco Mutual FundThe non-compete payment aggregating about Rs. 18 bn will be paid by MUFG directly to the Shriram group (Shriram Ownership trust and its affiliates). Nevertheless, the rationale for payment of the non-compete is unclear, especially since the Shriram group remains in control of the company. The non-compete protects the company from the Group starting any competing lending or financing business, including digital lending, while continuing to protect the group’s existing businesses. Given Shriram Finance’s market dominance in its key operating segments, and its ability to leverage its existing network to support the remaining lending businesses, the rationale and ability of the Shriram group to start a competing business (for which the non-compete payment is being made) remains unclear – more so given that the Shriram group continues as promoter, has management control, and owns 20% equity stake (post-money) in a company that has a market capitalization of almost Rs. 1.7 trillion. We understand from the company’s conference call that MUFG has a strong digital play that Shriram Finance will benefit from as it goes about building a digital lending platform. While the non-compete protects Shriram Finance’s revenue (till MUFG gets diluted by about 50% to 10 %), it also risks making Shriram Finance the default incubator for new lending ventures with their own attendance risks and asset quality concerns, that the company will now be expected to undertake within the existing balance sheet, The payout of USD 200 million (around 1% of current market capitalization) partly offsets the promoter group’s equity dilution from the infusion - this benefit has not been extended to non-promoter shareholders. In addition, there is little clarity on the size and beneficiaries of the Shriram Ownership Trust. We do not support the resolution.
    • Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Zerodha Mutual FundCompliant with law. Transparency Concern: The proposed payment of a non-compete / non-solicit fee to a promoter who continues to remain invested in the Company with a near-equal stake raises concerns of incomplete disclosure. It is unclear why such protection is required; if Shriram were to start a competing business, it would harm its own economic interest as much as MUFG’s, given their comparable shareholding. The Company should therefore clearly explain the rationale and demonstrate how the proposed payment represents fair and reasonable compensation to the promoter entity
    • ICICI Prudential Mutual FundThe non-compete payment aggregating will be paid by MUFG directly to the Shriram group (Shriram Ownership trust and its affiliates). The rationale for payment of the non-compete is unclear. Hence, we do not support the resolution
    • Invesco Mutual FundThe non-compete payment aggregating about Rs. 18 bn will be paid by MUFG directly to the Shriram group (Shriram Ownership trust and its affiliates). Nevertheless, the rationale for payment of the non-compete is unclear, especially since the Shriram group remains in control of the company. The non-compete protects the company from the Group starting any competing lending or financing business, including digital lending, while continuing to protect the group’s existing businesses. Given Shriram Finance’s market dominance in its key operating segments, and its ability to leverage its existing network to support the remaining lending businesses, the rationale and ability of the Shriram group to start a competing business (for which the non-compete payment is being made) remains unclear – more so given that the Shriram group continues as promoter, has management control, and owns 20% equity stake (post-money) in a company that has a market capitalization of almost Rs. 1.7 trillion. The payout of USD 200 million (around 1% of current market capitalization) partly offsets the promoter group’s equity dilution from the infusion - this benefit has not been extended to non-promoter shareholders. In addition, there is little clarity on the size and beneficiaries of the Shriram Ownership Trust. We do not support the resolution
    • Jio BlackRock Mutual Fund, Sundaram Mutual FundThe non-compete payment aggregating about Rs. 18 bn will be paid by MUFG directly to the Shriram group (Shriram Ownership trust and its affiliates). Nevertheless, the rationale for payment of the non-compete is unclear, especially since the Shriram group remains in control of the company. The non-compete protects the company from the Group starting any competing lending or financing business, including digital lending, while continuing to protect the group’s existing businesses. Given Shriram Finance’s market dominance in its key operating segments, and its ability to leverage its existing network to support the remaining lending businesses, the rationale and ability of the Shriram group to start a competing business (for which the non-compete payment is being made) remains unclear – more so given that the Shriram group continues as promoter, has management control, and owns 20% equity stake (post-money) in a company that has a market capitalization of almost Rs. 1.7 trillion. The payout of USD 200 million (around 1% of current market capitalization) partly offsets the promoter group’s equity dilution from the infusion - this benefit has not been extended to non-promoter shareholders. In addition, there is little clarity on the size and beneficiaries of the Shriram Ownership Trust. We do not support the resolution.
    • Nippon India Mutual FundTransparency Concern: Prolonged association with promoter. Unreasonable proposed payments to promotercompensation to the promoter entity
    • PPFAS Mutual FundNon-compete fee is unwarranted given the promoter’s substantial equity investment, and appears excessive
    • Quantum Mutual FundThe Company is seeking approval for a one-time payment of USD 200 Million (~₹17.95 Bn) to be made by MUFG Bank to Shriram Ownership Trust for the non-compete and non-solicit obligations to be undertaken by the Shriram Ownership Trust. The rationale for payment of the non-compete is unclear, especially since the Shriram group remains in control of the company. The proposed payment does not clearly demonstrate a proportionate strategic or commercial benefit to the company or its minority shareholders. In the absence of sufficient disclosure and justification, we do not favour the resolution.
    • UTI Mutual FundThe non-compete payment aggregating about Rs. 18 bn will be paid by MUFG directly to the Shriram group (Shriram Ownership trust and its affiliates). Nevertheless, the rationale for payment of the non-compete is unclear, especially since the Shriram group remains in control of the company. The non-compete protects the company from the Group starting any competing lending or financing business, including digital lending, while continuing to protect the group’s existing businesses. Given Shriram Finance’s market dominance in its key operating segments, and its ability to leverage its existing network to support the remaining lending businesses, the rationale and ability of the Shriram group to start a competing business (for which the non-compete payment is being made) remains unclear – more so given that the Shriram group continues as promoter, has management control, and owns 20% equity stake (post-money). While the non-compete protects Shriram Finance’s revenue (till MUFG gets diluted by about 50% to 10 %), it also risks making Shriram Finance the default incubator for new lending ventures with their own attendance risks and asset quality concerns, that the company will now be expected to undertake within the existing balance sheet, The payout of USD 200 million (around 1% of current market capitalization) partly offsets the promoter group’s equity dilution from the infusion - this benefit has not been extended to non-promoter shareholders. In addition, there is little clarity on the size and beneficiaries of the Shriram Ownership Trust. We do not support the resolution.
    25 for14 against
3 proposals not matched to one resolution
  • Item 1, as a fund house numbered it
    1 for0 against
  • Item 2, as a fund house numbered it
    1 for0 against
  • Item 3, as a fund house numbered it
    Against Taurus Mutual Fund
    • Taurus Mutual FundThe non-compete payment aggregating about Rs. 18 bn will be paid by MUFG directly to the Shriram group (Shriram Ownership trust and its affiliates). Nevertheless, the rationale for payment of the non-compete is unclear, especially since the Shriram group remains in control of the company. The non-compete protects the company from the Group starting any competing lending or financing business, including digital lending, while continuing to protect the group’s existing businesses. Given Shriram Finance’s market dominance in its key operating segments, and its ability to leverage its existing network to support the remaining lending businesses, the rationale and ability of the Shriram group to start a competing business (for which the non-compete payment is being made) remains unclear – more so given that the Shriram group continues as promoter, has management control, and owns 20% equity stake (post-money) in a company that has a market capitalization of almost Rs. 1.7 trillion. The payout of USD 200 million (around 1% of current market capitalization) partly offsets the promoter group’s equity dilution from the infusion - this benefit has not been extended to non-promoter shareholders. In addition, there is little clarity on the size and beneficiaries of the Shriram Ownership Trust. We do not support the resolution.
    0 for1 against
6 earlier meetings

Mutual fund votes, meeting of 2 Dec 2025, 39 fund houses

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

  • Re-appointment of Mr. Jugal Kishore Mohapatra (DIN 03190289) as an Independent Director of the Company for the second term
    39 for0 against
  • Re-designation of Mr. Parag Sharma (DIN 02916744) as Managing Director & Chief Executive Officer of the Company with effect from December 5, 2025
    39 for0 against
  • Appointment of Mr. Sunder Subramanian (DIN 08189901) as a Director of the Company
    38 for0 against
  • Appointment of Mr. Sunder Subramanian (DIN 08189901) as a Whole Time Director of the Company and payment of remuneration to him
    38 for0 against
  • Renewal of limit to issue Debentures on private placement basis by the Board
    38 for0 against
3 proposals not matched to one resolution
  • Item 3, as a fund house numbered it
    1 for0 against
  • Item 4, as a fund house numbered it
    1 for0 against
  • Item 5, as a fund house numbered it
    1 for0 against

Mutual fund votes, meeting of 18 Jul 2025, 39 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 StandaloneFinancial Statements of the Company for the Financial Year ended March 31, 2025, together with the Reports of the Board of Directors and the Auditors thereonMoreLess
    36 for0 against
  • To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the FinancialYear ended March 31, 2025, together with the Report of the Auditors thereon
    38 for0 against
  • To declare a final dividend of Rs. 3/- per Equity Share of face value of Rs. 2/- each fully paid-up and to confirm the payment of two Interim Dividends viz.(i) first interim dividend of Rs. 22/- per Equity Share of face value of Rs.10/- each fully paid up (pre-split of face value of equity share) and (ii) second interim dividend of Rs. 2.50 per Equity Share of face value of Rs. 2/- each fully paid up (post-split of face value of equity share) declared by theBoard of Directors at their respective meetings held on October 25, 2024 and January 24, 2025, for the Financial Year ended March 31, 2025MoreLess
    39 for0 against
  • To appoint a Director in place of Mr. Ignatius Michael Viljoen (DIN 08452443), Director who retires by rotation at this meeting and being eligible, offers himself for re-appointment as a Director of the CompanyMoreLess
    39 for0 against
  • To fix remuneration of M/s. G. D. Apte and Co., Chartered Accountants, Mumbai, (ICAI Firm Registration No.100515W), as one of the Joint Statutory Auditors of the Company
    36 for0 against
  • To fix remuneration of M/s M M Nissim and Co LLP,Chartered Accountants, Mumbai, (ICAI Firm Registration No.107122W/W100672), as one of the Joint Statutory Auditors of the Company
    36 for0 against
  • To appoint M/s. V Suresh Associates, Practising Company Secretaries (Firm Registration No. P2016TN053700) as Secretarial Auditor of the Company for a term of 5 (five) years and to fix their remunerationMoreLess
    38 for0 against
  • Payment of commission to the Independent Directors of the Company
    39 for0 against
  • Enhancement of limits of borrowing by the Board of Directors of the Company
    36 for0 against
  • Enhancement of limits for creation of security by the Board of Directors on the Company`s assets with respect to borrowing
    36 for0 against
  • Enhancement of limit to sell/ assign/ securitise receivables by the Board of Directors of the Company
    39 for0 against
  • Alteration of the Main Object Clause (Clause III A) of the Memorandum of Association of the Company
    38 for0 against
13 proposals not matched to one resolution
  • Item 1, as a fund house numbered it
    1 for0 against
  • Item 2, as a fund house numbered it
    1 for0 against
  • Item 5, as a fund house numbered it
    1 for0 against
  • Item 6, as a fund house numbered it
    1 for0 against
  • Item 7, as a fund house numbered it
    1 for0 against
  • Item 9, as a fund house numbered it
    1 for0 against
  • Item 10, as a fund house numbered it
    1 for0 against
  • Item 12, as a fund house numbered it
    1 for0 against
  • Accept Standalone Financial Statements and Statutory Reports
    2 for0 against
  • Approve increase in borrowing limits to Rs. 2.95 tn from Rs. 2.35 tn
    2 for0 against
  • Approve increase in limit for creation of charge on assets/sell/lease/dispose/ encumber assets against borrowings raised / to be raised from the lenders upto Rs. 3.54 tn
    2 for0 against
  • Approve remuneration of Rs. 9.65 mn payable to G.D. Apte & Co., as joint statutory auditors for FY26
    2 for0 against
  • Approve remuneration of Rs. 9.65 mn payable to M.M. Nissim & Co LLP., as joint statutory auditors for FY26
    2 for0 against

Mutual fund votes, meeting of 20 Dec 2024, 36 fund houses

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

  • Renewal of limit to issue Debentures on private placement basis by the Board
    35 for0 against
  • Sub-division/ split of equity shares of the Company
    35 for0 against
  • Alteration of Capital Clause (Clause V) of the Memorandum of Association of the Company
    35 for0 against
3 proposals not matched to one resolution
  • Item 1, as a fund house numbered it
    1 for0 against
  • Item 2, as a fund house numbered it
    1 for0 against
  • Item 3, as a fund house numbered it
    1 for0 against

Mutual fund votes, meeting of 30 Jul 2024, 34 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 Standalone Financial Statements of the Company for the Financial Year ended March 31, 2024, together with the Reportsnof the Board of Directors and the Auditors thereonMoreLess
    32 for0 against
  • To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2024, together with the Report of the Auditors thereon
    33 for0 against
  • To declare a Final Dividend of Rs.15/- per Equity Share of face value of Rs.10/- each and to confirm the payment of two Interim Dividends aggregating to Rs.30/- per Equity Share of face value of Rs.10/- each, declared by the Board of Directors in their meetings held on October 26, 2023 and January 25, 2024, for the Financial Year ended March 31, 2024MoreLess
    33 for0 against
  • To appoint a director in place of Mr. Parag Sharma (DIN 02916744), Director who retires by rotation at this meeting and being eligible, offers himself for re-appointment as a Director of the Company
    33 for0 against
  • To appoint M/s. G D Apte & Co, Chartered Accountants, Mumbai, (ICAI Firm Registration No. 100515W) as one of the Joint Statutory Auditors of the Company and to fix their remuneration for the Financial Year ending March 31, 2025MoreLess
    Against Groww Mutual Fund, PGIM India Mutual Fund
    • Groww Mutual Fund, PGIM India Mutual FundCompliant with law. Governance & Transparency concern: No Clarification for the material decrease in the Audit Fees.
    30 for2 against
  • To appoint M/s M M Nissim & Co LLP, Chartered Accountants, Mumbai (ICAI Firm Registration No. 107122W/W100672) as one of the Joint Statutory Auditors of the Company and to fix their remuneration for the Financial Year ending March 31, 2025MoreLess
    Against Groww Mutual Fund, PGIM India Mutual Fund
    • Groww Mutual Fund, PGIM India Mutual FundCompliant with law. Governance & Transparency concern: No Clarification for the material decrease in the Audit Fees.
    30 for2 against
  • Re-appointment of Mr. Umesh Revankar (DIN 00141189) as Whole Time Director designated as Executive Vice Chairman of the Company and payment of remuneration to him
    33 for0 against
  • Elevation and re-designation of Mr. Parag Sharma (DIN 02916744) as Managing Director & CFO with effect from June 1, 2024
    33 for0 against
  • Appointment of Mr. Gokul Dixit (DIN 00357170) as an Independent Director of the Company
    33 for0 against
  • Appointment of Mrs. M.V. Bhanumathi (DIN 10172983) as an Independent Director of the Company
    33 for0 against
  • Revision in the present terms of remuneration of Mr. Umesh Revankar (DIN 00141189), whole-time director designated as Executive Vice Chairman of the Company
    33 for0 against
  • Revision in the term of remuneration of Mr. Y. S. Chakravarti (DIN 00052308), whole-time director designated as Managing Director & CEO of the Company
    33 for0 against
  • Revision in the term of remuneration of Mr. Parag Sharma (DIN 02916744) whole-time director designated as Managing Director & CFO of the Company
    33 for0 against
  • Enhancement of limits of borrowing by the Board of Directors of the Companyn
    31 for0 against
  • Enhancement of limits of creation of security by the Board of Directors of the Company in connection with borrowing
    32 for0 against
  • Enhancement of limit to sell/ assign/ securitize receivables by the Board of Directors of the Company
    33 for0 against
22 proposals not matched to one resolution
  • Item 1, as a fund house numbered it
    1 for0 against
  • Item 2, as a fund house numbered it
    1 for0 against
  • Item 3, as a fund house numbered it
    1 for0 against
  • Item 4, as a fund house numbered it
    1 for0 against
  • Item 5, as a fund house numbered it
    1 for0 against
  • Item 6, as a fund house numbered it
    1 for0 against
  • Item 7, as a fund house numbered it
    1 for0 against
  • Item 8, as a fund house numbered it
    1 for0 against
  • Item 9, as a fund house numbered it
    1 for0 against
  • Item 10, as a fund house numbered it
    1 for0 against
  • Item 11, as a fund house numbered it
    1 for0 against
  • Item 12, as a fund house numbered it
    1 for0 against
  • Item 13, as a fund house numbered it
    1 for0 against
  • Item 14, as a fund house numbered it
    1 for0 against
  • Item 15, as a fund house numbered it
    1 for0 against
  • Item 16, as a fund house numbered it
    1 for0 against
  • Appoint G.D. Apte & Co., as joint statutory auditors for three years from the conclusion of the FY24 AGM and fix their remuneration
    1 for0 against
  • Appoint M.M. Nissim & Co LLP., as joint statutory auditors for three years from the conclusion of the FY24 AGM and fix their remuneration
    1 for0 against
  • Approve increase in borrowing limits to Rs. 2.35 tn from Rs. 1.90 tn
    1 for0 against
  • Approve increase in limit for creation of charge on assets/sell/lease/dispose/ encumber assets against borrowings raised / to be raised from the lenders upto 2.9 tn
    1 for0 against
  • To approve, Enhancement of limits of borrowing by the Board and in this regard.
    1 for0 against
  • To receive, consider and adopt the Audited Financial Statements of the Company for the Financial Year ended March 31, 2024, together with the Reports of the Board of Directors and the Auditors thereon.MoreLess
    1 for0 against

Mutual fund votes, meeting of 25 Feb 2024, 29 fund houses

  • Renewal of limit to issue debentures on private placement basis by the Board
    29 for0 against

Mutual fund votes, meeting of 5 Oct 2023, 20 fund houses

  • Re-appointment of Mr. Pradeep Kumar Panja (DIN 03614568) as an IndependentnDirector of the Company
    20 for0 against
  • Appointment of Mr. S. Ravindran (DIN 09778966) as an Independent Director ofnthe Company
    20 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

At most 3 complaints open, quarter to Sep 2026.
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.

How money raised was used

Reported for the quarter to Jun 2026. A preferential issue sells new shares to chosen investors rather than to the public. 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.

RaisedAmount raisedForSet asideSpentSpent elsewhere
Preferential IssuesApr 2026, checked by CRISIL Ratings Limited39,617.98Onward Lending Purpose20,000.0017,833.24No
Preferential IssuesApr 2026, checked by CRISIL Ratings Limited39,617.98Retirement of Borrowings including interest15,000.0015,000.00No
Preferential IssuesApr 2026, checked by CRISIL Ratings Limited39,617.98General Corporate Purposes4,617.984,617.98No
₹ crore. Checked by is the agency appointed to monitor how the money is used. The reason and the comments are the company's, its audit committee's and its auditors' own words.