SJVN logo

SJVN MD, chairman, board of directors and AGM

NSE: SJVNBSE: 533206PowerSmall Cap

Last close ₹47.40down ₹0.85 (1.76%)BSE ₹47.39

Share price at the NSE close on 23 Oct 2026. Previous close ₹48.25.

52-week range of traded prices to 23 Oct 2026
₹46.08Low, 23 Oct 2026₹90.40High, 23 Oct 2025
Market cap
₹18,627 Cr272nd largest listed
P/E
29.1
P/B
1.3
Dividend yield
3.16%
ROE
4.5%
ROCE
5.1%
Debt to equity
2.25
Volume, NSE
58,85,40339.5% delivered

SJVN 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 directorBhupender Gupta
  • Company Secretary and Compliance OfficerSoumendra Das

6 directors4 executive2 non-executive

  • Bhupender Gupta · Chairperson and managing directorExecutive · joined May 2025 · reappointed Sep 2025 · 2 listed boards
  • Ajay Kumar SharmaExecutive · joined Sep 2024 · reappointed Sep 2025 · 1 listed board · 3 committee seats
  • Parthajit DeExecutive · joined Mar 2026 · 1 listed board · 2 committee seats, 2 as chair
  • Rajesh Kumar ChandelExecutive · joined Jun 2026 · 1 listed board
  • Diwakar Nath MisraNominee, non-executive · joined May 2026 · 2 listed boards
  • Shubh Karan SinghNominee, non-executive · joined Sep 2025 · 1 listed board · 1 committee seat

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.

12 directors who left
  • Suprakash Adhikari, left 11 Jun 2026: Others
  • Sushil Sharma, left 12 May 2026: Others
  • Mohammad Afzal, left 30 Apr 2026: Others
  • Udeeta Tyagi, left 16 Apr 2026: Tenure Completion
  • Sipan Kumar Garg, left 19 Mar 2026: Others
  • Shashikant Jagannath Wani, left 12 Mar 2026: Tenure Completion
  • Rajendra Prasad Goyal, left 31 Aug 2025: Tenure Completion
  • Arindam Chaudhary, left 1 Aug 2025: Tenure Completion
  • Raj Kumar Chaudhary, left 30 Apr 2025: Tenure Completion
  • Akhileshwar Singh, left 1 Jan 2025: Tenure Completion
  • Danveer Singh Yadav, left 8 Nov 2024: Tenure Completion
  • Saroj Ranjan Sinha, left 8 Nov 2024: Tenure Completion

Committees and meetings

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

  • Board

    2 meetings of 4 without a quorum

    • 29 Jun 20266 of 6 present0 independent · 44 days in between · quorum not met
    • 15 May 20266 of 6 present0 independent · 34 days in between · quorum not met
    • 10 Apr 20266 of 6 present1 independent · 57 days in between
    • 11 Feb 20267 of 7 present2 independent

  • Audit Committee

    Chair Diwakar Nath Misra

    Shubh Karan Singh, Parthajit De

    2 meetings of 3 without a quorum

    • 15 May 20263 of 3 present0 independent · 34 days in between · quorum not met
    • 10 Apr 20263 of 3 present1 independent · 57 days in between · quorum not met
    • 11 Feb 20263 of 3 present2 independent

  • Nomination and remuneration committee

    Chair Shubh Karan Singh

    Diwakar Nath Misra, Ajay Kumar Sharma

    • 26 Feb 20263 of 3 present2 independent

  • Stakeholders Relationship Committee

    Chair Diwakar Nath Misra

    Ajay Kumar Sharma, Parthajit De

    No meeting listed in the filing.

  • Risk Management Committee

    Chair Diwakar Nath Misra

    Ajay Kumar Sharma, Parthajit De

    • 26 Feb 20263 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 Mar 2026.

  • Charanjit Singh & Associates Chartered AccountantsPeer-review certificate valid to Dec 2025

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.

SJVN 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.SJVN dividend history

Annual general meeting, 31 Aug 2026

13,82,960 shareholders on the register on 24 Aug 2026; present: 2 promoters and 70 others; votes counted by Santosh Kumar Pradhan / Santosh Kumar Pradhan.The company's voting result (opens in a new tab)

  1. Adoption of Audited Standalone & Consolidated Financial Statements for the year ended 31st March, 2026.
    Ordinary
    99.24% for0.76% against

    Against: promoters 0.00% · institutions 10.84% · other public 0.69%

    Turnout: all 88.05% · promoters 100.00% · institutions 95.67% · other public 0.29%

  2. To confirm the payment of Interim Dividend and to declare the final dividend for the financial year 2025-26.
    Ordinary
    99.28% for0.72% against

    Against: promoters 0.00% · institutions 10.27% · other public 0.75%

    Turnout: all 88.09% · promoters 100.00% · institutions 96.34% · other public 0.31%

  3. To appoint a Director in place of Shri Ajay Kumar Sharma [DIN 01964014], who retires by rotation and being eligible, offers himself for re-appointment.
    Ordinary
    96.34% for3.66% against

    Against: promoters 0.00% · institutions 51.52% · other public 60.96%

    Turnout: all 88.09% · promoters 100.00% · institutions 96.34% · other public 0.29%

  4. To fix the remuneration of the Statutory Auditors for the financial year 2026-27.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.12% · other public 1.08%

    Turnout: all 88.09% · promoters 100.00% · institutions 96.34% · other public 0.29%

  5. Appointment of Shri Parthajit De (DIN:11219972) as a Whole-Time Director (Finance)
    Ordinary
    97.81% for2.19% against

    Against: promoters 0.00% · institutions 31.08% · other public 2.10%

    Turnout: all 88.09% · promoters 100.00% · institutions 96.34% · other public 0.29%

  6. Appointment of Shri Rajesh Kumar Chandel (DIN:11765540) as a Whole-Time Director (Projects)
    Ordinary
    97.78% for2.22% against

    Against: promoters 0.00% · institutions 31.47% · other public 1.33%

    Turnout: all 88.09% · promoters 100.00% · institutions 96.34% · other public 0.29%

  7. Appointment of Shri Diwakar Nath Misra (DIN:07464700) as a Part-Time Official Director (Government of India Nominee):
    Ordinary
    96.33% for3.67% against

    Against: promoters 0.00% · institutions 51.97% · other public 62.11%

    Turnout: all 88.05% · promoters 100.00% · institutions 95.67% · other public 0.29%

  8. Ratification of remuneration of Cost Auditor for Financial Year 2026-27
    Ordinary
    99.28% for0.72% against

    Against: promoters 0.00% · institutions 10.27% · other public 1.01%

    Turnout: all 88.09% · promoters 100.00% · institutions 96.34% · other public 0.29%

  9. Appointment of Smt. Arti Kujur (DIN:11834249) as Part-time Non-Official (Independent) Director
    Special
    97.27% for2.73% against

    Against: promoters 0.00% · institutions 38.64% · other public 62.70%

    Turnout: all 88.05% · promoters 100.00% · institutions 95.67% · other public 0.29%

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, 25 Sep 2025, 8 resolutions

14,84,316 shareholders on the register on 18 Sep 2025; present: 2 promoters and 82 others; votes counted by Santosh Kumar Pradhan / Santosh Kumar Pradhan.The company's voting result (opens in a new tab)

  1. Adoption of Audited Standalone & Consolidated Financial Statements for the year ended 31st March, 2025
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.62%

    Turnout: all 88.44% · promoters 100.00% · institutions 94.90% · other public 0.48%

  2. To confirm the payment of Interim Dividend and to declare the final dividend for the financial year 2024-25
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.34%

    Turnout: all 88.44% · promoters 100.00% · institutions 94.90% · other public 0.48%

  3. To appoint a Director in place of Shri Ajay Kumar Sharma [DIN 01964014], who retires by rotation and being eligible, offers himself for re-appointment
    Ordinary
    97.44% for2.56% against

    Against: promoters 0.00% · institutions 34.57% · other public 1.07%

    Turnout: all 88.44% · promoters 100.00% · institutions 94.90% · other public 0.48%

  4. Appointment of Shri Bhupender Gupta (DIN: 06940941) as Chairman and Managing Director (CMD)
    Ordinary
    99.49% for0.51% against

    Against: promoters 0.00% · institutions 6.95% · other public 0.88%

    Turnout: all 88.44% · promoters 100.00% · institutions 94.90% · other public 0.48%

  5. Appointment of Shri Ajay Kumar Sharma (DIN: 01964014) as a Whole-Time Director (Personnel)
    Ordinary
    97.44% for2.56% against

    Against: promoters 0.00% · institutions 34.57% · other public 1.63%

    Turnout: all 88.44% · promoters 100.00% · institutions 94.90% · other public 0.48%

  6. Appointment of Secretarial Auditor
    Ordinary
    99.77% for0.23% against

    Against: promoters 0.00% · institutions 3.14% · other public 1.11%

    Turnout: all 88.43% · promoters 100.00% · institutions 94.90% · other public 0.48%

  7. Ratification of remuneration of Cost Auditor for Financial Year 2025-26
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.22%

    Turnout: all 88.44% · promoters 100.00% · institutions 94.90% · other public 0.48%

  8. Re-appointment of Dr. Udeeta Tyagi (DIN: 05101501) as Non-Official Independent Director
    Special
    97.33% for2.67% against

    Against: promoters 0.00% · institutions 36.14% · other public 1.55%

    Turnout: all 88.44% · promoters 100.00% · institutions 94.90% · other public 0.48%

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, 19 Sep 2024, 7 resolutions

Present: 2 promoters and 113 others.The company's voting result (opens in a new tab)

  1. Adoption of Audited Standalone & Consolidated Financial Statements for the year ended 31st March, 2024
    Ordinary
    99.95% for0.05% against

    Against: promoters 0.00% · institutions 0.68% · other public 0.70%

    Turnout: all 88.08% · promoters 100.00% · institutions 93.84% · other public 0.25%

  2. To confirm the payment of Interim Dividend and to declare the final dividend for the financial year 2023-24
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 88.08% · promoters 100.00% · institutions 93.84% · other public 0.25%

  3. To appoint a Director in place of Shri Akhileshwar Singh [DIN-08627576], who retires by rotation and being eligible, offers himself for re-appointment
    Ordinary
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.28% · other public 1.90%

    Turnout: all 88.08% · promoters 100.00% · institutions 93.84% · other public 0.24%

  4. To fix remuneration of Statutory Auditors for the financial year 2023-24
    Ordinary
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.26% · other public 1.37%

    Turnout: all 88.08% · promoters 100.00% · institutions 93.84% · other public 0.24%

  5. Appointment of Shri Mohammad Afzal (DIN: 09762315) as a Part Time Official Director- Government of India Nominee
    OrdinaryPromoters have an interest in it
    99.95% for0.05% against

    Against: promoters 0.00% · institutions 0.69% · other public 8.78%

    Turnout: all 88.08% · promoters 100.00% · institutions 93.84% · other public 0.24%

  6. Appointment of Shri Arindam Chaudhary (DIN: 08983119) as a Part Time Official Director-Government of Himachal Pradesh Nominee
    OrdinaryPromoters have an interest in it
    99.95% for0.05% against

    Against: promoters 0.00% · institutions 0.69% · other public 2.06%

    Turnout: all 88.08% · promoters 100.00% · institutions 93.84% · other public 0.24%

  7. Ratification of revised remuneration of Cost Auditor for Financial Year 2023-24 and remuneration for Financial Year 2024-25
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.65%

    Turnout: all 88.08% · promoters 100.00% · institutions 93.84% · other public 0.25%

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, 28 Sep 2023, 8 resolutions

Present: 2 promoters and 75 others.The company's voting result (opens in a new tab)

  1. Adoption of Audited Standalone & Consolidated Financial Statements for the year ended 31st March, 2023
    Ordinary
    99.77% for0.23% against

    Against: promoters 0.00% · institutions 4.91% · other public 0.30%

    Turnout: all 85.91% · promoters 100.00% · institutions 91.85% · other public 0.43%

  2. To confirm the payment of Interim Dividend and to declare the final dividend for the financial year 2022-23
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.38%

    Turnout: all 85.91% · promoters 100.00% · institutions 91.85% · other public 0.43%

  3. To appoint a Director in place of Shri Akhileshwar Singh [DIN-08627576], who retires by rotation and being eligible, offers himself for re-appointment
    Ordinary
    99.74% for0.26% against

    Against: promoters 0.00% · institutions 5.52% · other public 1.42%

    Turnout: all 85.91% · promoters 100.00% · institutions 91.85% · other public 0.43%

  4. To appoint a Director in place of Shri Sushil Sharma [DIN-08776440], who retires by rotation and being eligible, offers himself for re-appointment
    Ordinary
    99.74% for0.26% against

    Against: promoters 0.00% · institutions 5.52% · other public 1.16%

    Turnout: all 85.91% · promoters 100.00% · institutions 91.85% · other public 0.43%

  5. Appointment of Shri Ajay Tewari (DIN: 09633300) as a Part Time Official Director- Government of India Nominee
    Ordinary
    98.73% for1.27% against

    Against: promoters 0.00% · institutions 28.43% · other public 1.17%

    Turnout: all 85.74% · promoters 100.00% · institutions 87.84% · other public 0.43%

  6. Appointment of Shri Rajeev Sharma (DIN: 06929504) as a Part Time Official Director-Government of Himachal Pradesh Nominee
    Ordinary
    99.52% for0.48% against

    Against: promoters 0.00% · institutions 10.18% · other public 1.31%

    Turnout: all 85.91% · promoters 100.00% · institutions 91.85% · other public 0.43%

  7. Appointment of Dr. Shashikant Jagannath Wani (DIN: 09485642) as Independent Director
    Special
    98.50% for1.50% against

    Against: promoters 0.00% · institutions 33.57% · other public 1.79%

    Turnout: all 85.74% · promoters 100.00% · institutions 87.84% · other public 0.43%

  8. Ratification of remuneration of Cost Auditor for Financial Year 2023-24.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.29%

    Turnout: all 85.04% · promoters 100.00% · institutions 71.98% · other public 0.43%

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

Annual general meeting, 29 Sep 2022, 10 resolutions

Present: 2 promoters and 70 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt Audited Standalone Financial Statements and Audited Consolidated Financial Statements for the Financial Year ended 31st March, 2022, Directors’ Report, Independent Auditors’ Report and the comments thereon of the Comptroller & Auditor General of India and to pass teh following resolutions as an Ordinary ResolutionMoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.20%

    Turnout: all 93.07% · promoters 100.00% · institutions 94.08% · other public 0.37%

  2. To confirm the payment of interim dividend of ₹1.15 per share of the Company already paid in Month of Febrary 2022 and to declare the final dividend of ₹0.55/- per share on equity shares of the Company for the financial year 2021-22 and to pass the following resolutions as an Ordinary ResolutionMoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 93.09% · promoters 100.00% · institutions 94.41% · other public 0.37%

  3. To appoint a Director in place of Smt. Geeta Kapur [DIN-08213642], who retires by rotation and being eligible, offers herself for re-appointment and to pass the following resolution as an Ordinary ResolutionMoreLess
    Ordinary
    98.64% for1.36% against

    Against: promoters 0.00% · institutions 20.07% · other public 22.18%

    Turnout: all 93.09% · promoters 100.00% · institutions 94.41% · other public 0.37%

  4. To appoint a Director in place of Shri Surinder Pal Bansal [DIN-07239609], who retires by rotation and eligible, offers himself for re-appointment and to pass the following resolution as an Ordinary ResolutionMoreLess
    Ordinary
    3.34% for96.66% against

    Against: promoters 100.00% · institutions 50.92% · other public 24.34%

    Turnout: all 93.09% · promoters 100.00% · institutions 94.41% · other public 0.37%

  5. To fix remuneration of Statutory Auditors for the financial year 2021-22 and onwards and to consider and if thought fit, to pass, with or without modifications, the following resolution as an Ordinary ResolutionMoreLess
    Ordinary
    99.90% for0.10% against

    Against: promoters 0.00% · institutions 1.48% · other public 0.96%

    Turnout: all 93.09% · promoters 100.00% · institutions 94.41% · other public 0.37%

  6. Appointment of Dr. Udeeta Tyagi as Independent Director
    Special
    97.91% for2.09% against

    Against: promoters 0.00% · institutions 30.82% · other public 21.51%

    Turnout: all 93.09% · promoters 100.00% · institutions 94.41% · other public 0.37%

  7. Appointment of Shri Saroj Ranjan Sinha as Independent Director
    Special
    97.97% for2.03% against

    Against: promoters 0.00% · institutions 29.95% · other public 21.62%

    Turnout: all 93.09% · promoters 100.00% · institutions 94.41% · other public 0.37%

  8. Appointment of Dr. Danveer Singh Yadav as Independent Director
    Special
    97.87% for2.13% against

    Against: promoters 0.00% · institutions 31.42% · other public 21.65%

    Turnout: all 93.09% · promoters 100.00% · institutions 94.41% · other public 0.37%

  9. Enhancement of borrowing limit under Section 180(1)(c) of the Companies Act, 2013
    Special
    98.98% for1.02% against

    Against: promoters 0.00% · institutions 14.94% · other public 23.82%

    Turnout: all 93.09% · promoters 100.00% · institutions 94.41% · other public 0.37%

  10. Ratification of remuneration of Cost Auditor for Financial Year 2022-23
    Ordinary
    98.98% for1.01% against

    Against: promoters 0.00% · institutions 15.00% · other public 1.78%

    Turnout: all 93.09% · promoters 100.00% · institutions 94.41% · other public 0.37%

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.

Annual general meeting, 29 Sep 2021, 5 resolutions

Present: 2 promoters and 84 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statements including Consolidated Financial Statements of the Company for the financial year ended on 31.03.2021, together with the Director’s Report and the Auditor’s Reports thereon and Comments of the Comptroller and Auditor General of India, in terms of Section 143(6) of Companies Act, 2013.MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 92.79% · promoters 100.00% · institutions 80.05% · other public 0.40%

  2. To Confirm the payment of Interim Dividend of Rs. 1.80 per share and to declare the final Dividend, if any, on equity shares for the financial year 2020-21.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.60%

    Turnout: all 92.79% · promoters 100.00% · institutions 80.05% · other public 0.40%

  3. To appoint a Director in place of Shri Akhileshwar Singh (DIN: 08627576), who retires by rotation and being eligible, offers himself for re-appointment.
    Ordinary
    98.96% for1.04% against

    Against: promoters 0.00% · institutions 16.02% · other public 2.69%

    Turnout: all 92.79% · promoters 100.00% · institutions 80.05% · other public 0.39%

  4. To appoint a Director in place of Shri Sushil Sharma (DIN: 08776440), who retires by rotation and being eligible, offers himself for re-appointment.
    Ordinary
    98.97% for1.03% against

    Against: promoters 0.00% · institutions 15.91% · other public 3.36%

    Turnout: all 92.79% · promoters 100.00% · institutions 80.05% · other public 0.39%

  5. Ratification of remuneration of Cost Auditor for financial year 2021-22
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.50%

    Turnout: all 92.79% · promoters 100.00% · institutions 80.05% · other public 0.39%

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

Annual general meeting, 29 Sep 2020, 6 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 Financial Statements including Consolidated Financial Statements of the Company for the year ended 31st March, 2020 together with the Balance Sheet and Statement of Profit and Loss for the financial year ended as on that date together with Reports of the Board of Directors and Auditors thereon and comments of the Comptroller and Auditor General of India, in terms of Section 143(6) of the Companies Act, 2013.MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 93.28% · promoters 100.00% · institutions 74.39% · other public 0.40%

  2. To confirm the payment of Interim Dividend of ₹1.70 per share and to declare the final dividend, if any, on equity shares for the financial year 2019-20.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.68%

    Turnout: all 93.28% · promoters 100.00% · institutions 74.39% · other public 0.40%

  3. To appoint a Director in place of Smt. Geeta Kapur [DIN 08213642], who retires by rotation and being eligible, offers herself for re-appointment.
    Ordinary
    99.24% for0.76% against

    Against: promoters 0.00% · institutions 10.94% · other public 1.38%

    Turnout: all 93.28% · promoters 100.00% · institutions 74.39% · other public 0.40%

  4. To appoint a Director in place of Shri Surinder Pal Bansal [DIN 07239609], who retires by rotation and being eligible, offers himself for re-appointment.
    Ordinary
    99.24% for0.76% against

    Against: promoters 0.00% · institutions 10.94% · other public 1.46%

    Turnout: all 93.28% · promoters 100.00% · institutions 74.39% · other public 0.40%

  5. To fix remuneration of Statutory Auditors for the financial year 2019-20 and onwards
    Ordinary
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.38% · other public 1.19%

    Turnout: all 93.28% · promoters 100.00% · institutions 74.39% · other public 0.40%

  6. Ratification of remuneration of Cost Auditor for financial year 2020-21.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 93.28% · promoters 100.00% · institutions 74.39% · other public 0.40%

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 2019, 7 resolutions

Present: 1 promoter and 78 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statements including Consolidated Financial Statements of the Company for the year ended 31st March, 2019 together with the Balance Sheet and Statement of Profit and Loss for the financial year ended as on that date together with Reports of the Board of Directors and Auditors thereon and comments of the Comptroller and Auditor General of India, in terms of Section 143(6) of the Companies Act, 2013.MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 93.39% · promoters 100.00% · institutions 62.96% · other public 0.24%

  2. To confirm the payment of Interim Dividend of 1.50 per share and to declare the final dividend, if any, on equity shares for the financial year 2018-19.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 93.39% · promoters 100.00% · institutions 62.96% · other public 0.24%

  3. To appoint a Director in place of Shri Rakesh Kumar Bansal [DIN 06395552], who retires by rotation and being eligible, offers himself for re-appointment
    Ordinary
    99.50% for0.50% against

    Against: promoters 0.00% · institutions 8.76% · other public 0.70%

    Turnout: all 93.39% · promoters 100.00% · institutions 62.96% · other public 0.24%

  4. To appoint a Director in place of Shri Amarjit Singh Bindra [DIN 03358160], who retires by rotation and being eligible, offers himself for re-appointment.
    Ordinary
    99.31% for0.69% against

    Against: promoters 0.00% · institutions 11.95% · other public 0.91%

    Turnout: all 93.39% · promoters 100.00% · institutions 62.96% · other public 0.24%

  5. Appointment of Shri Shubash Chander Negi as Independent Director
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.91%

    Turnout: all 93.39% · promoters 100.00% · institutions 62.96% · other public 0.24%

  6. Appointment of Dr Rajnish Pande as Independent Director
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.91%

    Turnout: all 93.39% · promoters 100.00% · institutions 62.96% · other public 0.24%

  7. Ratification of remuneration of Cost Auditor for financial year 2019-20:
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.92%

    Turnout: all 93.39% · promoters 100.00% · institutions 62.96% · other public 0.24%

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 31 Aug 2026, 8 fund houses so far (houses' deadline to file 15 Oct 2026)

  • Adoption of Audited Standalone & Consolidated Financial Statements for the year ended 31st March, 2026.
    Against Angel One Mutual Fund, DSP Mutual Fund, Edelweiss Mutual Fund, Jio BlackRock Mutual Fund, Navi Mutual Fund
    • Angel One Mutual FundGovernance concern: Non-Compliant Audit Committee. Absence of a compliant Audit Committee casts serious doubts over the integrity/ accuracy of the financial statements.
    • DSP Mutual Fund, Jio BlackRock Mutual FundWe have relied upon the auditors’ report, which has drawn attention to multiple matters such as tariff for the period 2024-2029 - yet to be determined by CERC, impairment of assets issues - impairment losses of `Rs. 1.7 bn has been recognized under the depreciation, amortisation and impairment expenses in the statement of Profit and Loss for FY26 with respect to certain cash generation units; expenditure aggregating Rs. 39.3 spanning Property, Plant and Equipment/ Intangible assets and Capital Work-in-Progress, continues to be recognized in the financial statements for certain Hydro Porjects despite the Implementation Agreement for these projects are yet to be signed and other issues with other hydro power projects. Based on the auditors’ report, which is unqualified, the financial statements are in accordance with generally accepted accounting policies and Indian Accounting Standards (IND-AS). However, we raise concern that the company has not constituted an audit committee in line with regulations and does not have sufficient independent directors on the board while the accounts were finalized. In the absence of critical oversight provided by the audit committee, we are unable to support the resolution.
    • Edelweiss Mutual Fund, Navi Mutual FundUnqualified Financial Statements (Except certain non-material CARO observations). Governance concern: Non-Compliant Audit Committee. Absence of a compliant Audit Committee casts serious doubts over the integrity/ accuracy of the financial statements.
    3 for5 against
  • To confirm the payment of Interim Dividend and to declare the final dividend for the financial year 2025-26.
    Against Angel One Mutual Fund, Edelweiss Mutual Fund, Navi Mutual Fund
    • Angel One Mutual FundGovernance concern is raised in adoption of financial statements of the Company under resolution #1, dividend being appropriation post approval of accounts, cannot be paid if accounts are not voted FOR.
    • Edelweiss Mutual Fund, Navi Mutual FundCompliant with law. Sufficient fund to pay final Dividend. Governance concern is raised in adoption of financial statements of the Company under resolution #1, dividend being appropriation post approval of accounts, cannot be paid if accounts are not voted FOR.
    5 for3 against
  • To appoint a Director in place of Shri Ajay Kumar Sharma [DIN 01964014], who retires by rotation and being eligible, offers himself for re-appointment.
    Against Angel One Mutual Fund, Edelweiss Mutual Fund, Navi Mutual Fund
    • Angel One Mutual FundGovernance Concern: Board is non-compliant with the requirement of requisite number of Independent Directors. Director is ineligible to be a member of Nomination & Remuneration Committee.
    • Edelweiss Mutual Fund, Navi Mutual FundCompliant with law. No concern on the merits of the proposed appointee. Governance Concern: Board is non-compliant with the requirement of requisite number of Independent Directors. Director is ineligible to be a member of NRC.
    5 for3 against
  • To fix the remuneration of the Statutory Auditors for the financial year 2026-27.
    8 for0 against
  • Appointment of Shri Parthajit De (DIN:11219972) as a Whole-Time Director (Finance)
    Against Angel One Mutual Fund, Edelweiss Mutual Fund, Navi Mutual Fund
    • Angel One Mutual FundGovernance Concern: Board is non-compliant with the requirement of requisite number of Independent Directors.
    • Edelweiss Mutual Fund, Navi Mutual FundCompliant with law. No concern on the merits of the proposed appointees. Governance Concern: Board is non-compliant with the requirement of requisite number of Independent Directors.
    5 for3 against
  • Appointment of Shri Rajesh Kumar Chandel (DIN:11765540) as a Whole-Time Director (Projects)
    Against Angel One Mutual Fund, Edelweiss Mutual Fund, Navi Mutual Fund
    • Angel One Mutual FundGovernance Concern: Board is non-compliant with the requirement of requisite number of Independent Directors.
    • Edelweiss Mutual Fund, Navi Mutual FundCompliant with law. No concern on the merits of the proposed appointees. Governance Concern: Board is non-compliant with the requirement of requisite number of Independent Directors.
    5 for3 against
  • Appointment of Shri Diwakar Nath Misra (DIN:07464700) as a Part-Time Official Director (Government of India Nominee):
    Against Angel One Mutual Fund, DSP Mutual Fund, Edelweiss Mutual Fund, Jio BlackRock Mutual Fund, Navi Mutual Fund
    • Angel One Mutual FundGovernance Concern: Board is non-compliant with the requirement of requisite number of Independent Directors.
    • DSP Mutual Fund, Jio BlackRock Mutual FundDiwakar Nath Misra, 52, is an IAS officer, presently serves as Additional Secretary, Ministry of Power, Government of India. He is being appointed as a Government Nominee and has over two decades of administrative experience across key sectors including power, finance, commerce, petroleum & natural gas, personnel administration, rural development, urban development, district administration and Land Revenue Management. While the appointment is in line with statutory requirements, we are unable to support the resolution because the company’s board composition is not compliant with regulations on independent director representation. We expect the Government of India and Ministry of Power to first address the board composition, before appointing its nominees to the board. We do not support the resolution
    • Edelweiss Mutual Fund, Navi Mutual FundCompliant with law. No concern on the merits of the proposed appointee. Governance Concern: Board is non-compliant with the requirement of requisite number of Independent Directors.
    3 for5 against
  • Ratification of remuneration of Cost Auditor for Financial Year 2026-27
    Against Angel One Mutual Fund, Edelweiss Mutual Fund, Navi Mutual Fund
    • Angel One Mutual FundGovernance concern: The composition of Audit committee is non-compliant with applicable provisions of Companies Act, 2013 and SEBI LODR.
    • Edelweiss Mutual Fund, Navi Mutual FundCompliant with law. Governance concern: The composition of Audit committee is non-compliant with applicable provisions of Companies Act, 2013 and SEBI LODR.
    5 for3 against
  • Appointment of Smt. Arti Kujur (DIN:11834249) as Part-time Non-Official (Independent) Director
    Against Angel One Mutual Fund, DSP Mutual Fund, Edelweiss Mutual Fund, Jio BlackRock Mutual Fund, Navi Mutual Fund
    • Angel One Mutual FundGovernance concern: Term of appointment is ambiguous and against spirit of the law.
    • DSP Mutual Fund, Jio BlackRock Mutual FundArti Kujur, 51, served as a Member of Ranchi Zila Parishad and Chairperson of the Jharkhand State Commission for Protection of Child Rights. Public sources suggest that she has political linkages. We believe this affiliation may unnecessarily politicize decisions that the company will make and therefore distract the management from its core focus. We expect the company to disclose any political affiliations of its directors in the meeting notice. We do not support the resolution.
    • Edelweiss Mutual Fund, Navi Mutual FundCompliant with law. No concern on the merits of director. Governance concern: Term of appointment is ambiguous and against spirit of the law.
    3 for5 against

Mutual fund votes, meeting of 25 Sep 2025, 20 fund houses

  • Adoption of Audited Standalone & Consolidated Financial Statements for the year ended 31st March, 2025
    20 for0 against
  • To confirm the payment of Interim Dividend and to declare the final dividend for the financial year 2024-25
    20 for0 against
  • To appoint a Director in place of Shri Ajay Kumar Sharma [DIN 01964014], who retires by rotation and being eligible, offers himself for re-appointment
    Against Angel One Mutual Fund, Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, LIC Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Zerodha Mutual Fund
    • Angel One Mutual Fund, LIC Mutual FundGovernance Concern: Board is non-compliant with the requirement of requisite number of Independent Directors.
    • Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Zerodha Mutual FundCompliant with law. No concern on the merits of the proposed appointee. Governance Concern: Board is non-compliant with the requirement of requisite number of Independent Directors.
    12 for8 against
  • Appointment of Shri Bhupender Gupta (DIN: 06940941) as Chairman and Managing Director (CMD)
    Against Angel One Mutual Fund, Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, LIC Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Zerodha Mutual Fund
    • Angel One Mutual FundGovernance Concern: Holding combined position of Chairman & Managing Director; Board is non-compliant with the requirement of requisite number of Independent Directors; Delayed shareholder’s approval; Holding 2 full-time positions.
    • Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Zerodha Mutual FundCompliant with law. No concern on the merits of the proposed appointee. Governance Concern: Holding combined position of Chairman & Managing Director; Board is non-compliant with the requirement of requisite number of Independent Directors; Delayed shareholder’s approval; Holding 2 full-time positions.
    • LIC Mutual FundGovernance Concern: Holding combined position of Chairman & Managing Director; Board is non-compliant with the requirement of requisite number of Independent Directors; Delayed shareholder s approval; Holding 2 full-time positions.
    12 for8 against
  • Appointment of Shri Ajay Kumar Sharma (DIN: 01964014) as a Whole-Time Director (Personnel)
    Against Angel One Mutual Fund, Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, LIC Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Zerodha Mutual Fund
    • Angel One Mutual FundGovernance Concern: Board is non-compliant with the requirement of requisite number of Independent Directors; Delayed shareholder’s approval.
    • Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Zerodha Mutual FundCompliant with law. No concern on the merits of the proposed appointee. Governance Concern: Board is non-compliant with the requirement of requisite number of Independent Directors; Delayed shareholder’s approval.
    • LIC Mutual FundGovernance Concern: Board is non-compliant with the requirement of requisite number of Independent Directors; Delayed shareholder s approval.
    12 for8 against
  • Appointment of Secretarial Auditor
    Against Angel One Mutual Fund, Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, LIC Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Zerodha Mutual Fund
    • Angel One Mutual FundTransparency Concern: The Company has not disclosed the audit fee paid to the outgoing Secretarial Auditors; therefore, material change in the audit fee, if any, cannot be ascertained.
    • Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, LIC Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Zerodha Mutual FundCompliant with law. No concern on the merits of proposed Auditors. Transparency Concern: The Company has not disclosed the audit fee paid to the outgoing Secretarial Auditors; therefore, material change in the audit fee, if any, cannot be ascertained.
    12 for8 against
  • Ratification of remuneration of Cost Auditor for Financial Year 2025-26
    20 for0 against
  • Re-appointment of Dr. Udeeta Tyagi (DIN: 05101501) as Non-Official Independent Director
    Against Angel One Mutual Fund, Axis Mutual Fund, Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Jio BlackRock Mutual Fund, LIC Mutual Fund, Mirae Asset Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Nippon India Mutual Fund, UTI Mutual Fund, Zerodha Mutual Fund
    • Angel One Mutual FundNo cooling-off period of 3 years post cessation of previous directorship, no consecutive terms between the two appointments. Governance concern: Delayed Shareholders’ approval;Term of appointment is ambiguous and against spirit of the law.
    • Axis Mutual Fund, Jio BlackRock Mutual FundDr. (Ms.) Udeeta Tyagi, 47, has over ten years of teaching experience. She holds a Master’s degree and Ph. D. in Chemistry and is the founder of CS Disha Foundation, an NGO. She served on the board of SJVN from 8 November 2021 to 8 November 2024 and attended all four board meetings she was eligible to attend in FY25. Public sources suggest she has political linkages. We believe this affiliation may unnecessarily politicize decisions that the company will make and therefore distract the management from its core focus. We expect the company to disclose any political affiliations of its directors in the meeting notice. Further, while public sector enterprises are exempt from the requirement of seeking shareholder approval within three months of the appointment date, as good practice, the company should have sought approval within three months. We do not support the resolution.
    • Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Zerodha Mutual FundNo concern on the merits of Director. Non-Compliance with the Companies Act: No cooling-off period of 3 years post cessation of previous directorship, no consecutive terms between the two appointments. Governance concern: Delayed Shareholders’ approval; Term of appointment is ambiguous and against spirit of the law.
    • LIC Mutual FundNo concern on the merits of Director. Non-Compliance with the Companies Act: No cooling-off period of 3 years post cessation of previous directorship, no consecutive terms between the two appointments. Governance concern: Delayed Shareholders approval; Term of appointment is ambiguous and against spirit of the law.
    • Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
    • Nippon India Mutual FundNon-Compliance with the Companies Act: No cooling-off period of 3 years post cessation of previous directorship, no consecutive terms between the two appointments. Governance concern: Delayed Shareholders’ approval.
    • UTI Mutual FundPublic sources suggest she is politically affiliated.
    7 for13 against
6 earlier meetings

Mutual fund votes, meeting of 19 Sep 2024, 19 fund houses

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

  • Adoption of Audited Standalone & Consolidated Financial Statements for the year ended 31st March, 2024
    19 for0 against
  • To confirm the payment of Interim Dividend and to declare the final dividend for the financial year 2023-24
    19 for0 against
  • To appoint a Director in place of Shri Akhileshwar Singh [DIN-08627576], who retires by rotation and being eligible, offers himself for re-appointment
    19 for0 against
  • To fix remuneration of Statutory Auditors for the financial year 2023-24
    Against Axis Mutual Fund, Mirae Asset Mutual Fund
    • Axis Mutual FundApt & Co LLP were appointed as the statutory auditors for FY24 by the Comptroller & Auditor General of India (C&AG). Consent is being sought for remuneration of Rs.1.6 mn plus applicable taxes plus reimbursement of out-of-pocket expenses for FY24. We note, as per financial statements, the company has paid Rs. 1.5 mn (standalone) as statutory audit fees for FY24. Therefore, the need to seek approval for FY24 remuneration is unclear. The proposed remuneration for FY24 onwards is commensurate to the size and scale of the business. However, we note that the approval is being sought in perpetuity. We expect companies to seek periodic shareholder approval for resolutions
    • Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
    17 for2 against
  • Appointment of Shri Mohammad Afzal (DIN: 09762315) as a Part Time Official Director- Government of India Nominee
    19 for0 against
  • Appointment of Shri Arindam Chaudhary (DIN: 08983119) as a Part Time Official Director-Government of Himachal Pradesh Nominee
    19 for0 against
  • Ratification of revised remuneration of Cost Auditor for Financial Year 2023-24 and remuneration for Financial Year 2024-25
    17 for0 against
2 proposals not matched to one resolution
  • 7) Ratify remuneration of Rs. 240,000 paid to A.J.S. & Associates cost auditors for FY24 and approve remuneration of Rs. 240,000 payable for FY25.
    1 for0 against
  • Ratify remuneration of Rs. 240,000 paid to A.J.S. & Associates cost auditors for FY24 and approve remuneration of Rs. 240,000 payable for FY25
    1 for0 against

Mutual fund votes, meeting of 28 Sep 2023, 9 fund houses

  • Adoption of Audited Standalone & Consolidated Financial Statements for the year ended 31st March, 2023
    9 for0 against
  • To confirm the payment of Interim Dividend and to declare the final dividend for the financial year 2022-23
    9 for0 against
  • To appoint a Director in place of Shri Akhileshwar Singh [DIN-08627576], who retires by rotation and being eligible, offers himself for re-appointment
    Against Motilal Oswal Mutual Fund
    • Motilal Oswal Mutual FundNo concern identified with merits of the appointees. Governance concern: Board is non-compliant with the requisite number of Independent Directors as required under SEBI LODR Regulations.
    8 for1 against
  • To appoint a Director in place of Shri Sushil Sharma [DIN-08776440], who retires by rotation and being eligible, offers himself for re-appointment
    Against Motilal Oswal Mutual Fund
    • Motilal Oswal Mutual FundNo concern identified with merits of the appointees. Governance concern: Board is non-compliant with the requisite number of Independent Directors as required under SEBI LODR Regulations.
    8 for1 against
  • Appointment of Shri Ajay Tewari (DIN: 09633300) as a Part Time Official Director- Government of India Nominee
    Against Motilal Oswal Mutual Fund, Nippon India Mutual Fund
    • Motilal Oswal Mutual FundNo concern identified with merits of the appointees. Governance Concern: Non-compliant board with requisite number of ID’s and delayed in Shareholders’ approval.
    • Nippon India Mutual FundShareholder's approval not obtained on time for appointment of director
    7 for2 against
  • Appointment of Shri Rajeev Sharma (DIN: 06929504) as a Part Time Official Director-Government of Himachal Pradesh Nominee
    Against Motilal Oswal Mutual Fund
    • Motilal Oswal Mutual FundNo concern identified with merits of the appointees. Governance Concern: Non-compliant board with requisite number of ID’s and delayed in Shareholders’ approval.
    8 for1 against
  • Appointment of Dr. Shashikant Jagannath Wani (DIN: 09485642) as Independent Director
    Against Motilal Oswal Mutual Fund, Nippon India Mutual Fund
    • Motilal Oswal Mutual FundNo concern identified on the merits of the appointee. Governance concern: Delayed in shareholders approval.
    • Nippon India Mutual FundShareholder's approval not obtained on time for appointment of director
    7 for2 against
  • Ratification of remuneration of Cost Auditor for Financial Year 2023-24.
    9 for0 against

Mutual fund votes, meeting of 29 Sep 2022, 4 fund houses

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

  • To receive, consider and adopt Audited Standalone Financial Statements and Audited Consolidated Financial Statements for the Financial Year ended 31st March, 2022, Directors’ Report, Independent Auditors’ Report and the comments thereon of the Comptroller & Auditor General of India and to pass teh following resolutions as an Ordinary ResolutionMoreLess
    4 for0 against
  • To confirm the payment of interim dividend of ₹1.15 per share of the Company already paid in Month of Febrary 2022 and to declare the final dividend of ₹0.55/- per share on equity shares of the Company for the financial year 2021-22 and to pass the following resolutions as an Ordinary ResolutionMoreLess
    4 for0 against
  • To appoint a Director in place of Smt. Geeta Kapur [DIN-08213642], who retires by rotation and being eligible, offers herself for re-appointment and to pass the following resolution as an Ordinary ResolutionMoreLess
    4 for0 against
  • To appoint a Director in place of Shri Surinder Pal Bansal [DIN-07239609], who retires by rotation and eligible, offers himself for re-appointment and to pass the following resolution as an Ordinary ResolutionMoreLess
    Against SBI Mutual Fund
    • SBI Mutual FundSurinder Pal Bansal, 59, is Director (Civil), SJVN Limited since April 2019. He attended all ten board meetings held in FY22. He retires by rotation. Notwithstanding, we note that he has been suspended from the company from 29 July 2022, via an order of the Ministry of Power, Government of India; under the SJVN Conduct Discipline and Appeal Rules, 2019. The nature of the issue leading to his suspension is unclear. Given the lack of clarity, we do not support his reappointment to the board.
    3 for1 against
  • To fix remuneration of Statutory Auditors for the financial year 2021-22 and onwards and to consider and if thought fit, to pass, with or without modifications, the following resolution as an Ordinary ResolutionMoreLess
    4 for0 against
  • Appointment of Dr. Udeeta Tyagi as Independent Director
    Against Nippon India Mutual Fund
    • Nippon India Mutual FundTerm of appointment is ambiguous
    3 for1 against
  • Appointment of Shri Saroj Ranjan Sinha as Independent Director
    Against Nippon India Mutual Fund
    • Nippon India Mutual FundTerm of appointment is ambiguous
    3 for1 against
  • Appointment of Dr. Danveer Singh Yadav as Independent Director
    Against Nippon India Mutual Fund
    • Nippon India Mutual FundTerm of appointment is ambiguous
    3 for1 against
  • Enhancement of borrowing limit under Section 180(1)(c) of the Companies Act, 2013
    1 for0 against
  • Ratification of remuneration of Cost Auditor for Financial Year 2022-23
    Against Nippon India Mutual Fund
    • Nippon India Mutual FundLow audit fees
    3 for1 against
2 proposals not matched to one resolution
  • To Authorize Board of Directors to borrow money for the purposes of the business of the Company as may be required from time to time either in foreign currency and /or in Indian rupees, as may be deemed necessary, on such terms and conditions and with or without security as the Board may think fit, which together with the monies already borrowed by the Company (apart from the temporary loans obtained from the bankers of the Company in the ordinary course of business) outstanding at any time shall not exceed in the aggregate Rs. 40,000 CroreMoreLess
    1 for0 against
  • To borrow money for the purposes of the business of the Company as may be required from time to time either in foreign currency and /or in Indian rupees, as may be deemed necessary, on such terms and conditions and with or without security as the Board may think fit, which together with the monies already borrowed by the Company (apart from the temporary loans obtained from the bankers of the Company in the ordinary course of business) outstanding at any time shall not exceed in the aggregate Rs 40,000 Crore.MoreLess
    2 for0 against

Mutual fund votes, meeting of 29 Sep 2021, 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 including Consolidated Financial Statements of the Company for the financial year ended on 31.03.2021, together with the Director’s Report and the Auditor’s Reports thereon and Comments of the Comptroller and Auditor General of India, in terms of Section 143(6) of Companies Act, 2013.MoreLess
    2 for0 against
  • To Confirm the payment of Interim Dividend of Rs. 1.80 per share and to declare the final Dividend, if any, on equity shares for the financial year 2020-21.
    6 for0 against
  • To appoint a Director in place of Shri Akhileshwar Singh (DIN: 08627576), who retires by rotation and being eligible, offers himself for re-appointment.
    6 for0 against
  • To appoint a Director in place of Shri Sushil Sharma (DIN: 08776440), who retires by rotation and being eligible, offers himself for re-appointment.
    6 for0 against
  • Ratification of remuneration of Cost Auditor for financial year 2021-22
    6 for0 against
3 proposals not matched to one resolution
  • 1) a) Adoption of Audited Standalone Financial Statements for the year ended March 31, 2021 and the reports of the Directors, Auditors and Comments of the Comptroller & Auditor General of India thereon. B) Adoption of Audited Consolidated Financial Statements for the year ended March 31, 2021 and Auditors report and Comments of the Comptroller & Auditor General of India thereon.MoreLess
    1 for0 against
  • To receive, consider and adopt: (a) The Audited Standalone Financial Statements of the Company for the year ended 31st March, 2021 together with the Balance Sheet and Statement of Profit and Loss for the financial year ended as on that date together with Reports of the Board of Directors and Auditors thereon and comments of the Comptroller and Auditor General of India (b) The Audited Consolidated Financial Statements of the Company for the year ended 31st March, 2021 together with the Balance Sheet and Statement of Profit and Loss for the financial year ended as on that date together with Reports of the Board of Directors and Auditors thereon and comments of the Comptroller and Auditor General of India, in terms of Section 143(6) of the Companies Act, 2013.MoreLess
    1 for0 against
  • To receive, consider and adopt: (a) The Audited Standalone Financial Statements of the Company for the year ended 31st March, 2021 together with the Balance Sheet and Statement of Profit and Loss for the financial year ended as on that date together with Reports of the Board of Directors and Auditors thereon and comments of the Comptroller and Auditor General of India, in terms of Section 143(6) of the Companies Act, 2013. (b) The Audited Consolidated Financial Statements of the Company for the year ended 31st March, 2021 together with the Balance Sheet and Statement of Profit and Loss for the financial year ended as on that date together with Reports of the Board of Directors and Auditors thereon and comments of the Comptroller and Auditor General of India, in terms of Section 143(6) of the Companies Act, 2013.MoreLess
    2 for0 against

Mutual fund votes, meeting of 29 Sep 2020, 6 fund houses

  • To receive, consider and adopt the Audited Financial Statements including Consolidated Financial Statements of the Company for the year ended 31st March, 2020 together with the Balance Sheet and Statement of Profit and Loss for the financial year ended as on that date together with Reports of the Board of Directors and Auditors thereon and comments of the Comptroller and Auditor General of India, in terms of Section 143(6) of the Companies Act, 2013.MoreLess
    4 for0 against

    2 abstained

  • To confirm the payment of Interim Dividend of ₹1.70 per share and to declare the final dividend, if any, on equity shares for the financial year 2019-20.
    4 for0 against

    2 abstained

  • To appoint a Director in place of Smt. Geeta Kapur [DIN 08213642], who retires by rotation and being eligible, offers herself for re-appointment.
    4 for0 against

    2 abstained

  • To appoint a Director in place of Shri Surinder Pal Bansal [DIN 07239609], who retires by rotation and being eligible, offers himself for re-appointment.
    4 for0 against

    2 abstained

  • To fix remuneration of Statutory Auditors for the financial year 2019-20 and onwards
    4 for0 against

    2 abstained

  • Ratification of remuneration of Cost Auditor for financial year 2020-21.
    4 for0 against

    2 abstained

Mutual fund votes, meeting of 27 Sep 2019, 4 fund houses

  • To receive, consider and adopt the Audited Financial Statements including Consolidated Financial Statements of the Company for the year ended 31st March, 2019 together with the Balance Sheet and Statement of Profit and Loss for the financial year ended as on that date together with Reports of the Board of Directors and Auditors thereon and comments of the Comptroller and Auditor General of India, in terms of Section 143(6) of the Companies Act, 2013.MoreLess
    3 for0 against

    1 abstained

  • To confirm the payment of Interim Dividend of 1.50 per share and to declare the final dividend, if any, on equity shares for the financial year 2018-19.
    3 for0 against

    1 abstained

  • To appoint a Director in place of Shri Rakesh Kumar Bansal [DIN 06395552], who retires by rotation and being eligible, offers himself for re-appointment
    3 for0 against

    1 abstained

  • To appoint a Director in place of Shri Amarjit Singh Bindra [DIN 03358160], who retires by rotation and being eligible, offers himself for re-appointment.
    3 for0 against

    1 abstained

  • Appointment of Shri Shubash Chander Negi as Independent Director
    3 for0 against

    1 abstained

  • Appointment of Dr Rajnish Pande as Independent Director
    3 for0 against

    1 abstained

  • Ratification of remuneration of Cost Auditor for financial year 2019-20:
    3 for0 against

    1 abstained

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

Fines

Reported in the filing for the quarter to Jun 2026.

  • Fine or penaltyBSE LimitedSince 27 May 2026

    Imposition of Fine of Rs. 5,75,840 for the quarter ended 30.06.2026

    Non-compliance with Regulation 17(1) and Regulation 18(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, relating to the composition of the Board of Directors and the Audit Committee, respectively, due to the absence of the requisite number of Independent Directors on the Board of the Company.MoreLess
  • Fine or penaltyNational Stock Exchange of India LimitedSince 27 May 2026

    Imposition of Fine of Rs. 5,75,840 for the quarter ended 30.06.2026

    Non-compliance with Regulation 17(1) and Regulation 18(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, relating to the composition of the Board of Directors and the Audit Committee, respectively, due to the absence of the requisite number of Independent Directors on the Board of the Company.MoreLess

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

None open at any quarter's end.
The board is made up as the listing rules require
No
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
Yes
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.