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Skipper MD, chairman, board of directors and AGM

NSE: SKIPPERBSE: 538562Electrical EquipmentSmall Cap

Last close ₹473.90down ₹23.10 (4.65%)BSE ₹474.80

Share price at the NSE close on 23 Oct 2026. Previous close ₹497.00.

52-week range of traded prices to 23 Oct 2026
₹327.05Low, 9 Mar 2026₹616.80High, 7 Sep 2026
Market cap
₹5,788 Cr796th largest listed
P/E
25.8
P/B
Shares changed
Dividend yield
0.02%
ROE
16.7%
ROCE
21.4%
Debt to equity
0.62
Volume, NSE
5,16,09744.4% delivered

Skipper 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

  • Chairperson and managing directorSajan Kumar BansalRelated to the promoter
  • Company Secretary and Compliance OfficerMrs. Anu Singh

9 directors4 independent5 executive

  • Sajan Kumar Bansal · Chairperson and managing directorExecutive · joined Oct 1984 · reappointed Jul 2024 · 1 listed board · 1 committee seat, 1 as chair
  • Sharan BansalExecutive · joined Apr 2002 · reappointed Jul 2025 · 1 listed board · 2 committee seats
  • Devesh BansalExecutive · joined Apr 2002 · reappointed Apr 2025 · 1 listed board · 1 committee seat
  • Siddharth BansalExecutive · joined Mar 2010 · reappointed Apr 2025 · 1 listed board
  • Yash Pall JainExecutive · joined Sep 2017 · reappointed Sep 2025 · 1 listed board
  • Desh Raj DograIndependent · joined Jul 2024 · 26 months as independent · 4 listed boards · 4 as independent · 7 committee seats, 2 as chair
  • Pramod Kumar ShahIndependent · joined Sep 2018 · reappointed Sep 2023 · 96 months as independent · 3 listed boards · 3 as independent · 7 committee seats, 2 as chair
  • Raj Kumar PatodiIndependent · joined May 2022 · 52 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
  • Richa Manoj GoyalIndependent · joined Feb 2025 · 19 months as independent · 4 listed boards · 4 as independent · 6 committee seats, 3 as chair

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

2 directors who left
  • Ashok Bhandari, left 3 Aug 2026: Others
  • Mamta Binani, left 31 Mar 2025: Tenure Completion

Committees and meetings

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

  • Board

    • 11 Aug 20268 of 9 present4 independent · 68 days in between
    • 3 Jun 202610 of 10 present5 independent · 35 days in between
    • 28 Apr 20269 of 10 present4 independent

  • Audit Committee

    Chair Raj Kumar Patodi

    Pramod Kumar Shah, Sharan Bansal

    • 11 Aug 20263 of 3 present2 independent · 104 days in between
    • 28 Apr 20263 of 4 present2 independent

  • Nomination and remuneration committee

    Chair Pramod Kumar Shah

    Raj Kumar Patodi, Richa Manoj Goyal

    • 11 Aug 20263 of 3 present3 independent · 104 days in between
    • 28 Apr 20262 of 3 present2 independent

  • Stakeholders Relationship Committee

    Chair Desh Raj Dogra

    Sharan Bansal, Devesh Bansal

    • 11 Aug 20262 of 3 present1 independent

  • Risk Management Committee

    Chair Devesh Bansal

    Sharan Bansal, Pramod Kumar Shah

    • 28 Apr 20263 of 3 present1 independent

  • Corporate Social Responsibility Committee

    Chair Sajan Kumar Bansal

    Desh Raj Dogra, Devesh Bansal

    • 28 Apr 20263 of 3 present1 independent

  • Environmental, Social and Governance Committee

    Chair Devesh Bansal

    Richa M Goyal, Yash Pall Jain

    • 11 Aug 20262 of 3 present1 independent · 104 days in between
    • 28 Apr 20263 of 3 present1 independent

  • Independent Director Meeting

    • 28 Apr 20265 of 5 present5 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.

  • J K V S & Co.Peer-review certificate valid to Nov 2027

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.

Skipper 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.Skipper dividend history

Annual general meeting, 15 Sep 2026

94,056 shareholders on the register on 8 Sep 2026; present: 17 promoters and 50 others; votes counted by Mr. Raj Kumar Banthia / M/s. MKB & Associates.The company's voting result (opens in a new tab)

  1. To receive consider and adopt the Audited Financial Statements both Standalone and Consolidated of the Company for the Financial Year ended 31st March 2026 together with the reports of the Board of Directors and the Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 64.83% · promoters 99.43% · institutions 28.07% · other public 0.03%

  2. To declare a dividend for the Financial Year ended 31st March 2026. The Board of Directors has recommended a Dividend of 10 percent i.e. Rs.10 per equity share of face value of Re. 1 each fully paid up.MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 64.83% · promoters 99.43% · institutions 28.11% · other public 0.03%

  3. To appoint a Director in place of Mr. Siddharth Bansal (DIN 02947929) who retires by rotation and being eligible, offers himself for re appointment.
    Ordinary
    99.85% for0.15% against

    Against: promoters 0.00% · institutions 2.70% · other public 1.66%

    Turnout: all 64.83% · promoters 99.43% · institutions 28.11% · other public 0.03%

  4. To consider and if thought fit to pass the following resolution for ratification of remuneration of Cost Auditors for the Financial Year 2026 27.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.66%

    Turnout: all 64.83% · promoters 99.43% · institutions 28.11% · other public 0.03%

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, 26 Jun 2026, 1 resolution

88,883 shareholders on the register on 19 Jun 2026; present: 17 promoters and 23 others; votes counted by Mr. Gaurav Thakur / M/s. Gaurav Thakur & Co..The company's voting result (opens in a new tab)

  1. Issuance of Equity Shares on Private Placement Basis
    Special
    100.00% for0.00% against

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

    Turnout: all 70.52% · promoters 100.00% · institutions 66.52% · other public 0.02%

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, 6 Jun 2026, 5 resolutions

89,250 shareholders on the register on 1 May 2026; votes counted by MR. RAJ KUMAR BANTHIA / M/S MKB & ASSOCIATES.The company's voting result (opens in a new tab)

  1. Approval for for Amendment in Article of Association (AOA) of the Company under Section 14 of the Companies Act, 2013
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.19%

    Turnout: all 71.29% · promoters 100.00% · institutions 63.45% · other public 0.13%

  2. Approval for revision in remuneration of Dr. Sajan Kumar Bansal (DIN 00063555), Chairman and Managing Director of the Company
    SpecialPromoters have an interest in it
    99.86% for0.15% against

    Against: promoters 0.00% · institutions 2.08% · other public 13.65%

    Turnout: all 71.29% · promoters 100.00% · institutions 63.45% · other public 0.12%

  3. Approval or revision in remuneration of Mr. Sharan Bansal (DIN 00063481) Whole-time Director of the Company
    SpecialPromoters have an interest in it
    99.85% for0.15% against

    Against: promoters 0.00% · institutions 2.08% · other public 13.93%

    Turnout: all 71.29% · promoters 100.00% · institutions 63.45% · other public 0.12%

  4. Approval for revision in remuneration of Mr. Devesh Bansal (DIN 00162513) Whole-time Director of the Company
    SpecialPromoters have an interest in it
    99.85% for0.15% against

    Against: promoters 0.00% · institutions 2.08% · other public 14.20%

    Turnout: all 71.29% · promoters 100.00% · institutions 63.45% · other public 0.12%

  5. Approval for revision in remuneration of Mr. Siddharth Bansal (DIN 02947929) Whole-time Director of the Company
    SpecialPromoters have an interest in it
    99.85% for0.15% against

    Against: promoters 0.00% · institutions 2.08% · other public 14.20%

    Turnout: all 71.29% · promoters 100.00% · institutions 63.45% · other public 0.12%

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, 18 Dec 2025, 2 resolutions

95,545 shareholders on the register on 14 Nov 2025; votes counted by MR. RAJ KUMAR BANTHIA / M/S MKB & ASSOCIATES.The company's voting result (opens in a new tab)

  1. Approval of increase in borrowing powers of the Company under Section 180(1)(c) of the Companies Act, 2013 to an amount not exceeding Rs. 8000 Crores.
    SpecialPromoters have an interest in it
    95.08% for4.92% against

    Against: promoters 0.00% · institutions 80.75% · other public 6.14%

    Turnout: all 70.82% · promoters 100.00% · institutions 62.55% · other public 0.10%

  2. Approval for mortgage and/or charge creation on movable and immovable assets and properties of the Company under section 180(1)(a) of the Companies Act, 2013 to an amount not exceeding the limit as approved under Section180(1)(c) of the Companies Act, 2013 of Rs. 8000 Crores.MoreLess
    SpecialPromoters have an interest in it
    95.08% for4.92% against

    Against: promoters 0.00% · institutions 80.75% · other public 6.91%

    Turnout: all 70.82% · promoters 100.00% · institutions 62.55% · other public 0.10%

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

Annual general meeting, 23 Sep 2025, 6 resolutions

99,652 shareholders on the register on 16 Sep 2025; present: 19 promoters and 35 others; votes counted by MR. RAJ KUMAR BANTHIA / M/S MKB & ASSOCIATES.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statements (both Standalone and Consolidated) of the Company for the Financial Year ended 31st March, 2025,together with the reports of the Board of Directors and the Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.95%

    Turnout: all 71.97% · promoters 100.00% · institutions 78.16% · other public 0.08%

  2. To declare a dividend for the Financial Year ended 31st March, 2025. The Board of Directors has recommended a Dividend of 10 per cent i.e. Rs. 0.10 per equity share of face value of Re. 1 each fully paid up and Rs. 0.025 per equity share of face value of Rs. 0.25 each partly paid up.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.15%

    Turnout: all 71.97% · promoters 100.00% · institutions 78.22% · other public 0.08%

  3. To appoint a Director in place of Mr. Yash Pall Jain (DIN:00016663) , who retires by rotation and being eligible, offers himself for re-appointment.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.03% · other public 8.56%

    Turnout: all 71.97% · promoters 100.00% · institutions 78.22% · other public 0.08%

  4. To consider and if thought fit, to pass the following resolution for appointment of M/S MKB and Associates, as the Secretarial Auditor of the Company for a term of 5(Five) consecutive years and fixation of remuneration as an Ordinary ResolutionMoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.95%

    Turnout: all 71.97% · promoters 100.00% · institutions 78.22% · other public 0.08%

  5. To consider and if thought fit, to pass the following resolution for ratification of remuneration of Cost Auditors for the Financial Year 2025-26 as an Ordinary Resolution
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.32%

    Turnout: all 71.97% · promoters 100.00% · institutions 78.22% · other public 0.08%

  6. To consider and if thought fit, to pass, with or without modification(s), the following resolution for reappointment of Mr. Yash Pall Jain (DIN: 00016663) as Whole-Time Director of the Company as Special ResolutionMoreLess
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 8.56%

    Turnout: all 71.97% · promoters 100.00% · institutions 78.22% · other public 0.08%

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, 12 Mar 2025, 4 resolutions

98,400 shareholders on the register on 7 Feb 2025; votes counted by MR. RAJ KUMAR BANTHIA / M/S MKB & ASSOCIATES.The company's voting result (opens in a new tab)

  1. Reappointment of Mr Sharan Bansal DIN 00063481 as WholeTime Director of the Company
    SpecialPromoters have an interest in it
    98.19% for1.81% against

    Against: promoters 0.00% · institutions 31.43% · other public 2.59%

    Turnout: all 70.58% · promoters 100.00% · institutions 90.54% · other public 0.11%

  2. Reappointment of Mr DeveshBansal DIN 00162513 as WholeTime Director
    SpecialPromoters have an interest in it
    98.23% for1.77% against

    Against: promoters 0.00% · institutions 30.73% · other public 2.62%

    Turnout: all 70.58% · promoters 100.00% · institutions 90.54% · other public 0.11%

  3. Reappointment of Mr Siddharth Bansal DIN 02947929 as Whole Time Director of the Company
    SpecialPromoters have an interest in it
    98.23% for1.77% against

    Against: promoters 0.00% · institutions 30.73% · other public 2.67%

    Turnout: all 70.58% · promoters 100.00% · institutions 90.54% · other public 0.11%

  4. Appointment of Ms Richa M Goyal DIN 00159889 as an Independent Director of the Company
    Special
    99.69% for0.31% against

    Against: promoters 0.00% · institutions 5.92% · other public 3.09%

    Turnout: all 70.17% · promoters 100.00% · institutions 81.46% · other public 0.11%

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, 29 Nov 2024, 1 resolution

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

  1. Alteration of the Object Clause of Memorandum of Association ('MOA') of the Company
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.51%

    Turnout: all 67.73% · promoters 100.00% · institutions 24.14% · 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, 19 Sep 2024, 13 resolutions

Present: 18 promoters and 83 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statements (both Standalone and Consolidated) of the Company for the financial year ended 31st March, 2024, together with the reports of the Board of Directors and the Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.39%

    Turnout: all 66.62% · promoters 100.00% · institutions 2.55% · other public 0.14%

  2. To declare a dividend for the financial year ended 31st March, 2024. The Board of Directors has recommended a Dividend of 10% i.e. Re. 0.10 per equity share of face value of Re. 1 each fully paid up and Rs. 0.025 per equity share of face value of Rs. 0.25 each partly paid up.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.58%

    Turnout: all 66.62% · promoters 100.00% · institutions 2.67% · other public 0.14%

  3. To appoint a Director in place of Mr. Devesh Bansal (DIN: 00162513), who retires by rotation and being eligible, offers himself for re-appointment
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.48%

    Turnout: all 66.62% · promoters 100.00% · institutions 2.67% · other public 0.14%

  4. To consider and if thought fit, to pass the following resolution for appointment of Statutory Auditor and fixation of remuneration as an Ordinary Resolution
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.48%

    Turnout: all 66.62% · promoters 100.00% · institutions 2.67% · other public 0.14%

  5. To consider and if thought fit, to pass the following resolution for ratification of remuneration of Cost Auditors for the Financial Year 2024-25 as an Ordinary Resolution
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.48%

    Turnout: all 66.62% · promoters 100.00% · institutions 2.67% · other public 0.14%

  6. To consider and if thought fit, to pass the following resolution for re-appointment of Mr. Sajan Kumar Bansal (DIN: 00063555), as Managing Director of the Company as a Special Resolution
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.54%

    Turnout: all 66.62% · promoters 100.00% · institutions 2.67% · other public 0.14%

  7. To consider and if thought fit, to pass the following resolution for revision in remuneration of Mr. SharanBansal (DIN: 00063481), Whole-time Director of the Company as a Special Resolution
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.97%

    Turnout: all 66.62% · promoters 100.00% · institutions 2.67% · other public 0.14%

  8. To consider and if thought fit, to pass the following resolution for revision in remuneration of Mr. Devesh Bansal (DIN: 00162513), Whole-time Director of the Company as a Special Resolution
    SpecialPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 66.62% · promoters 100.00% · institutions 2.67% · other public 0.14%

  9. To consider and if thought fit, to pass the following resolution for revision in remuneration of Mr. Siddharth Bansal (DIN: 02947929), Whole-time Director of the Company as a Special Resolution
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.21%

    Turnout: all 66.62% · promoters 100.00% · institutions 2.67% · other public 0.14%

  10. To consider and if thought fit, to pass the following resolution for appointment of Mr. Desh Raj Dogra (DIN:00226775), as an Independent Director of the Company as a Special Resolution
    Special
    99.96% for0.04% against

    Against: promoters 0.00% · institutions 28.46% · other public 0.61%

    Turnout: all 66.62% · promoters 100.00% · institutions 2.67% · other public 0.14%

  11. To consider and if thought fit, to pass the following resolution for increase in borrowing powers of the Company under Section 180 (1) (c) of the Companies Act, 2013 as a Special Resolution
    SpecialPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 66.62% · promoters 100.00% · institutions 2.67% · other public 0.14%

  12. To consider and if thought fit, to pass the following resolution for mortgage and/or charge creation on movable and immovable assets and properties of the Company Under section 180 (1) (a) of the Companies Act, 2013 as a Special ResolutionMoreLess
    SpecialPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 66.62% · promoters 100.00% · institutions 2.67% · other public 0.14%

  13. To consider and if thought fit, to pass the following resolution for raising of funds through issuance of securities of the Company as a Special Resolution
    SpecialPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 23.58%

    Turnout: all 66.62% · promoters 100.00% · institutions 2.67% · other public 0.14%

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 15 Sep 2026, 1 fund house so far (houses' deadline to file 15 Oct 2026)

  • To receive consider and adopt the Audited Financial Statements both Standalone and Consolidated of the Company for the Financial Year ended 31st March 2026 together with the reports of the Board of Directors and the Auditors thereon.MoreLess
    1 for0 against
  • To declare a dividend for the Financial Year ended 31st March 2026. The Board of Directors has recommended a Dividend of 10 percent i.e. Rs.10 per equity share of face value of Re. 1 each fully paid up.MoreLess
    1 for0 against
  • To appoint a Director in place of Mr. Siddharth Bansal (DIN 02947929) who retires by rotation and being eligible, offers himself for re appointment.
    Against Angel One Mutual Fund
    • Angel One Mutual FundGovernance Concern: Skewed Remuneration practice in favor of promoter Executive Director.
    0 for1 against
  • To consider and if thought fit to pass the following resolution for ratification of remuneration of Cost Auditors for the Financial Year 2026 27.
    1 for0 against

Mutual fund votes, meeting of 26 Jun 2026, 5 fund houses

  • Issuance of Equity Shares on Private Placement Basis
    5 for0 against
3 earlier meetings

Mutual fund votes, meeting of 6 Jun 2026, 5 fund houses

  • Approval for for Amendment in Article of Association (AOA) of the Company under Section 14 of the Companies Act, 2013
    5 for0 against
  • Approval for revision in remuneration of Dr. Sajan Kumar Bansal (DIN 00063555), Chairman and Managing Director of the Company
    Against Angel One Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
    • Angel One Mutual FundGovernance concern: Skewed remuneration in favour of promoter directors and proposed increase in remuneration is not in line with the growth in the performance of the Company; Combined position of Chairman and Managing Director.
    • Groww Mutual FundCompliant with law. Governance concern: Skewed remuneration in favour of promoter directors and proposed increase in remuneration is not in line with the growth in the performance of the Company; Combined position of Chairman and MD.
    • Motilal Oswal Mutual FundSkewed remuneration in favour of promoter directors and proposed increase in remuneration is not in line with net profits of the Company; Combined position of Chairman and MD
    2 for3 against
  • Approval or revision in remuneration of Mr. Sharan Bansal (DIN 00063481) Whole-time Director of the Company
    Against Angel One Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
    • Angel One Mutual FundGovernance concern: Skewed remuneration in favour of promoter directors and proposed increase in remuneration is not in line with the growth in the performance of the Company.
    • Groww Mutual FundCompliant with law. Governance concern: Skewed remuneration in favour of promoter directors and proposed increase in remuneration is not in line with the growth in the performance of the Company.
    • Motilal Oswal Mutual FundSkewed remuneration in favour of promoter directors and proposed increase in remuneration is not in line with net profits of the Company.
    2 for3 against
  • Approval for revision in remuneration of Mr. Devesh Bansal (DIN 00162513) Whole-time Director of the Company
    Against Angel One Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
    • Angel One Mutual FundGovernance concern: Skewed remuneration in favour of promoter directors and proposed increase in remuneration is not in line with the growth in the performance of the Company.
    • Groww Mutual FundCompliant with law. Governance concern: Skewed remuneration in favour of promoter directors and proposed increase in remuneration is not in line with the growth in the performance of the Company.
    • Motilal Oswal Mutual FundSkewed remuneration in favour of promoter directors and proposed increase in remuneration is not in line with net profits of the Company.
    2 for3 against
  • Approval for revision in remuneration of Mr. Siddharth Bansal (DIN 02947929) Whole-time Director of the Company
    Against Angel One Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
    • Angel One Mutual FundGovernance concern: Skewed remuneration in favour of promoter directors and proposed increase in remuneration is not in line with the growth in the performance of the Company.
    • Groww Mutual FundCompliant with law. Governance concern: Skewed remuneration in favour of promoter directors and proposed increase in remuneration is not in line with the growth in the performance of the Company.
    • Motilal Oswal Mutual FundSkewed remuneration in favour of promoter directors and proposed increase in remuneration is not in line with net profits of the Company.
    2 for3 against

Mutual fund votes, meeting of 18 Dec 2025, 5 fund houses

  • Approval of increase in borrowing powers of the Company under Section 180(1)(c) of the Companies Act, 2013 to an amount not exceeding Rs. 8000 Crores.
    Against Angel One Mutual Fund, Bandhan Mutual Fund, Groww Mutual Fund, Mirae Asset Mutual Fund, Motilal Oswal Mutual Fund
    • Angel One Mutual FundGovernance & Transparency concern: Majority of the existing borrowing limit is unutilized, and no specific reason/ justification provided for the proposed increase when the existing limit is significantly unutilized and as to how will the Company sustain the increased borrowing limit which is higher than the asset size and net worth of the Company.
    • Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with law. Governance & Transparency concern: Majority of the existing borrowing limit is unutilized, and no specific reason/ justification provided for the proposed increase when the existing limit is significantly unutilized and as to how will the Company sustain the increased borrowing limit which is higher than the asset size and net worth of the Company.
    • Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
    0 for5 against
  • Approval for mortgage and/or charge creation on movable and immovable assets and properties of the Company under section 180(1)(a) of the Companies Act, 2013 to an amount not exceeding the limit as approved under Section180(1)(c) of the Companies Act, 2013 of Rs. 8000 Crores.MoreLess
    Against Angel One Mutual Fund, Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
    • Angel One Mutual FundGovernance & Transparency concern: Majority of the existing borrowing limit is unutilized, and no specific reason/ justification provided for the proposed increase when the existing limit is significantly unutilized and as to how will the Company sustain the increased borrowing limit which is higher than the asset size and net worth of the Company.
    • Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with law. Governance & Transparency concern: Majority of the existing borrowing limit is unutilized, and no specific reason/ justification provided for the proposed increase when the existing limit is significantly unutilized and as to how will the Company sustain the increased borrowing limit which is higher than the asset size and net worth of the Company.
    1 for4 against

Mutual fund votes, meeting of 23 Sep 2025, 5 fund houses

  • To receive, consider and adopt the Audited Financial Statements (both Standalone and Consolidated) of the Company for the Financial Year ended 31st March, 2025,together with the reports of the Board of Directors and the Auditors thereon.MoreLess
    5 for0 against
  • To declare a dividend for the Financial Year ended 31st March, 2025. The Board of Directors has recommended a Dividend of 10 per cent i.e. Rs. 0.10 per equity share of face value of Re. 1 each fully paid up and Rs. 0.025 per equity share of face value of Rs. 0.25 each partly paid up.MoreLess
    5 for0 against
  • To appoint a Director in place of Mr. Yash Pall Jain (DIN:00016663) , who retires by rotation and being eligible, offers himself for re-appointment.
    5 for0 against
  • To consider and if thought fit, to pass the following resolution for appointment of M/S MKB and Associates, as the Secretarial Auditor of the Company for a term of 5(Five) consecutive years and fixation of remuneration as an Ordinary ResolutionMoreLess
    5 for0 against
  • To consider and if thought fit, to pass the following resolution for ratification of remuneration of Cost Auditors for the Financial Year 2025-26 as an Ordinary Resolution
    5 for0 against
  • To consider and if thought fit, to pass, with or without modification(s), the following resolution for reappointment of Mr. Yash Pall Jain (DIN: 00016663) as Whole-Time Director of the Company as Special ResolutionMoreLess
    5 for0 against

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

Tax disputes

Reported in the filing for the quarter to Sep 2026.

  • Tax disputeSewerage & Infrastructural Development Corporation of Goa LtdSince 1 Feb 2014
    The matter was lastly fixed for Evidence on 09.10.2026 but the hearing could not be taken place since the Ld. Judge was transferred and the matter got adjourned. The case is fixed on 11.12.2026 for Evidence.MoreLess
    At the filing before: The matter was lastly fixed for Evidence on 03.07.2026 but the hearing could not take place and the matter got adjourned. The case is fixed on 28.08.2026 for Evidence
  • Tax disputeOffice of the Additional Commissioner, CGST & Central Excise, Kolkata South CommissionerateSince 16 Apr 2025
    The Office Principal Commissioner (Appeals) CGST & CX, Appeal -I, Kolkata, vide its order dated 16th July, 2026 (received by Company on 23.07.2026) has set aside the appeal filed by the Appellant-Department.MoreLess
    At the filing before: The Office of the Assistant Commissioner, Park Street Division, Kolkata, vide its letter dated 3rd June, 2026 , has intimated the company about the appeal filed before Commissioner (Appeals-I) under Section 107(2) of GST Act, 2017, against the Order in Original No. 09/ADC/CGST&CX/South/Kol/25-26 dated 1st December, 2025, passed by Additional Commissioner of CGST & Cx, Kolkata South Commissionerate. The Company has filed a cross objectionMoreLess
  • Tax disputeTthe Assistant Commissioner Office of the State Tax (GST) Bhubneshwar II, OdishaSince 30 Sep 2026
    The Demand so proposed in the rectified SCN is erroneous as per the opinion of the company and is not tenable and the Company has substantive grounds to contest the same.
    At the filing before: The Assistant Commissioner Office of the State Tax (GST) Bhubneshwar II, Odisha, had issued a show cause notice u/s 73 of CGST/OGST Act, 2017 vide ref. no. ZD210926037570H dated 30th September, 2026, proposing a demand of Rs. 2,27,53,28,966/- against the Company in relation to the mismatch in GSTR 1, GSTR-2A and GSTR-3B. The demand proposed in the original Show Cause Notice bearing Ref. No. ZD210926037570H dated September 30, 2026 has been rectified to amount Rs. 40,95,59,214.00/- by the Assistant Commissioner vide Rectification Show Cause Notice No. MA211026001510Z dated October 1, 2026.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

At most 1 complaint open, quarter to Jun 2025.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
Yes
The chair is related to the managing director
Yes
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
Yes
There was a cyber security incident in the quarter
No

The company's own answers in its filing.

How money raised was used

Reported for the quarter to Mar 2026. The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it. 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
Rights IssuesFeb 2024, checked by INDIA RATINGS AND RESEARCH PRIVATE LIMITED199.18Augmenting working capital requirements160.000.00No
Rights IssuesFeb 2024, checked by INDIA RATINGS AND RESEARCH PRIVATE LIMITED199.18General Corporate purposes38.080.00No
Rights IssuesFeb 2024, checked by INDIA RATINGS AND RESEARCH PRIVATE LIMITED199.18Issue related expenses1.100.00No
₹ 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.