Savita Oil Technologies logo

Savita Oil Technologies MD, chairman, board of directors and AGM

NSE: SOTLBSE: 524667Petroleum ProductsSmall Cap

Formerly Savita Chemicals
Last close ₹682.10down ₹26.80 (3.78%)BSE ₹681.20

Share price at the NSE close on 23 Oct 2026. Previous close ₹708.90.

52-week range of traded prices to 23 Oct 2026
₹285.80Low, 30 Mar 2026₹860.40High, 30 Sep 2026
Market cap
₹4,677 Cr1,021st largest listed
P/E
11.3
P/B
2.6
Dividend yield
0.73%
ROE
23.8%
ROCE
27.2%
Debt to equity
0.00
Volume, NSE
1,29,90738.7% delivered

Savita Oil Technologies 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 directorGAUTAM N. MEHRA
  • Company Secretary and Compliance OfficerUday C. Rege

6 directors3 independent3 executive

  • GAUTAM N. MEHRA · Chairperson and managing directorExecutive · joined Mar 1997 · reappointed Oct 2023 · 1 listed board · 2 committee seats
  • SIDDHARTH G. MEHRAExecutive · joined Jul 2017 · reappointed Oct 2021 · 1 listed board
  • RAVINDRA PISHARODYIndependent · joined Jan 2018 · reappointed Jan 2022 · 102 months as independent · 4 listed boards · 4 as independent · 5 committee seats, 2 as chair
  • HARIHARAN SUNDERIndependent · joined Jan 2019 · reappointed Apr 2022 · 89 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
  • KAVITA NAIRIndependent · joined Apr 2024 · reappointed Apr 2024 · 27 months as independent · 4 listed boards · 4 as independent · 5 committee seats, 3 as chair
  • AJAY RECHEExecutive · joined Jun 2026 · reappointed Jun 2026 · 1 listed board

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

1 director who left
  • VISHAL SOOD, left 3 Mar 2026: Others

Committees and meetings

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

  • Board

    • 1 Jun 20266 of 6 present3 independent · 24 days in between
    • 7 May 20265 of 5 present3 independent · 82 days in between
    • 13 Feb 20266 of 6 present3 independent

  • Audit Committee

    Chair HARIHARAN SUNDER

    RAVINDRA PISHARODY, GAUTAM N. MEHRA

    • 7 May 20263 of 3 present2 independent · 82 days in between
    • 13 Feb 20263 of 3 present2 independent

  • Nomination and remuneration committee

    Chair RAVINDRA PISHARODY

    KAVITA NAIR, HARIHARAN SUNDER

    • 1 Jun 20263 of 3 present3 independent · 24 days in between
    • 7 May 20263 of 3 present3 independent · 82 days in between
    • 13 Feb 20263 of 3 present3 independent

  • Stakeholders Relationship Committee

    Chair KAVITA NAIR

    GAUTAM N. MEHRA, HARIHARAN SUNDER

    • 7 May 20263 of 3 present2 independent · 82 days in between
    • 13 Feb 20263 of 3 present1 independent

  • Risk Management Committee

    Chair GAUTAM N. MEHRA

    HARIHARAN SUNDER, SIDDHARTH G. MEHRA

    • 7 May 20263 of 3 present1 independent · 82 days in between
    • 13 Feb 20264 of 4 present1 independent

  • Corporate Social Responsibility Committee

    Chair GAUTAM N. MEHRA

    RAVINDRA PISHARODY, KAVITA NAIR

    • 7 May 20263 of 3 present2 independent · 82 days in between
    • 13 Feb 20263 of 3 present1 independent

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Mar 2026.

  • G. D. Apte & Co.Peer-review certificate valid to Nov 2026

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

Savita Oil Technologies 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.Savita Oil Technologies dividend history

Annual general meeting, 31 Aug 2026

36,838 shareholders on the register on 21 Aug 2026; present: 19 promoters and 50 others; votes counted by Manish S. Raut / MP & Associates.The company's voting result (opens in a new tab)

  1. To consider and adopt the Standalone and Consolidated Audited Financial Statements for the year ended 31st March, 2026 together with the Reports of the Board of Directors and Auditors thereon
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 83.86% · promoters 99.91% · institutions 95.94% · other public 12.25%

  2. To declare dividend on equity shares of the Company for FY 2025-26
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 83.86% · promoters 99.91% · institutions 95.94% · other public 12.24%

  3. To appoint a Director in place of Mr. Siddharth G. Mehra (DIN:06454215), who retires by rotation and being eligible, offers himself for re-appointment
    OrdinaryPromoters have an interest in it
    99.86% for0.14% against

    Against: promoters 0.00% · institutions 0.84% · other public 0.00%

    Turnout: all 83.86% · promoters 99.91% · institutions 95.94% · other public 12.24%

  4. Appointment of Mr. Ajay Reche (DIN:11740121) as Whole-time Director of the Company from 1st June, 2026 up to 30th September, 2030
    Ordinary
    99.86% for0.14% against

    Against: promoters 0.00% · institutions 0.84% · other public 0.00%

    Turnout: all 83.86% · promoters 99.91% · institutions 95.94% · other public 12.24%

  5. Appointment of Mr. Siddharth G. Mehra (DIN: 06454215) as the Joint Managing Director of the Company from 1st October, 2026 up to 30th September, 2031
    OrdinaryPromoters have an interest in it
    99.86% for0.14% against

    Against: promoters 0.00% · institutions 0.84% · other public 0.00%

    Turnout: all 83.86% · promoters 99.91% · institutions 95.94% · other public 12.24%

  6. Ratification of remuneration payable to Cost Auditors for the FY 2026-27
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 83.86% · promoters 99.91% · institutions 95.94% · other public 12.24%

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.

Annual general meeting, 22 Sep 2025, 6 resolutions

34,814 shareholders on the register on 15 Sep 2025; present: 21 promoters and 60 others; votes counted by Manish S. Raut / MP & Associates.The company's voting result (opens in a new tab)

  1. To consider and adopt the Standalone and Consolidated Audited Financial Statements for the year ended 31st March, 2025 together with the Reports of the Board of Directors and Auditors thereon
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 82.61% · promoters 99.91% · institutions 98.20% · other public 0.41%

  2. To declare dividend on equity shares of the Company for FY 2024-25
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 82.61% · promoters 99.91% · institutions 98.20% · other public 0.40%

  3. To appoint a Director in place of Mr. Vishal Sood (DIN:10734919), who retires by rotation and being eligible, offers himself for re-appointment
    Ordinary
    99.87% for0.13% against

    Against: promoters 0.00% · institutions 0.78% · other public 2.80%

    Turnout: all 82.61% · promoters 99.91% · institutions 98.20% · other public 0.40%

  4. Appointment of MP & Associates, Company Secretaries as Secretarial Auditors of the Company
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 82.61% · promoters 99.91% · institutions 98.20% · other public 0.40%

  5. Ratification of remuneration payable to Cost Auditors for the FY 2024-2025
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 82.61% · promoters 99.91% · institutions 98.20% · other public 0.40%

  6. Ratification of remuneration payable to Cost Auditors for the FY 2025-2026
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 82.61% · promoters 99.91% · institutions 98.20% · 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, 25 Sep 2024, 6 resolutions

Present: 18 promoters and 58 others.The company's voting result (opens in a new tab)

  1. To consider and adopt the Standalone and Consolidated Audited Financial Statements for the year ended 31st March, 2024 together with the Reports of the Board of Directors and Auditors thereon
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 82.70% · promoters 99.91% · institutions 95.85% · other public 8.57%

  2. To declare dividend on equity shares
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 82.76% · promoters 99.91% · institutions 96.33% · other public 8.57%

  3. To appoint a Director in place of Mr. Siddharth G. Mehra (DIN: 06454215), 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 0.02%

    Turnout: all 82.76% · promoters 99.91% · institutions 96.33% · other public 8.57%

  4. Appointment of Mr. Vishal Sood (DIN: 10734919) as the Whole-time Director of the Company upto 30th September, 2028
    Ordinary
    99.44% for0.56% against

    Against: promoters 0.00% · institutions 3.76% · other public 0.02%

    Turnout: all 82.76% · promoters 99.91% · institutions 96.33% · other public 8.57%

  5. Ratification of remuneration payable to Cost Auditors for the FY 2024-25
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 82.76% · promoters 99.91% · institutions 96.33% · other public 8.57%

  6. Revision of remuneration by way of commission payable to Directors other than in the whole-time employment or the Managing Director of the Company
    Special
    100.00% for0.00% against

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

    Turnout: all 82.76% · promoters 99.91% · institutions 96.33% · other public 8.57%

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

Postal ballot, 21 Jun 2024, 1 resolution

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

  1. Appointment of Ms. Kavita Nair (DIN: 07771200) as an Independent Director of the Company
    Special
    99.96% for0.04% against

    Against: promoters 0.00% · institutions 0.28% · other public 0.08%

    Turnout: all 81.83% · promoters 99.91% · institutions 95.82% · other public 8.05%

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

Annual general meeting, 29 Sep 2023, 6 resolutions

Present: 20 promoters and 61 others.The company's voting result (opens in a new tab)

  1. Consideration and Adoption of Audited Financial Statements for the year ended 31st March, 2023 together with the Reports of the Board of Directors and the Auditors thereon
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 80.60% · promoters 99.92% · institutions 94.63% · other public 0.54%

  2. Declaration of dividend on equity shares of the Company for FY 2022-23
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 80.69% · promoters 99.92% · institutions 95.69% · other public 0.54%

  3. Appointment of a Director in place of Mr. Suhas M. Dixit (DIN:02359138), who retires by rotation and being eligible, offers himself for re-appointment
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 80.69% · promoters 99.92% · institutions 95.69% · other public 0.54%

  4. Re-appointment of Mr. Gautam N.Mehra (DIN:00296615) as the Managing Director of the Company
    SpecialPromoters have an interest in it
    99.93% for0.07% against

    Against: promoters 0.00% · institutions 0.62% · other public 0.02%

    Turnout: all 80.17% · promoters 99.18% · institutions 95.69% · other public 0.54%

  5. Re-appointment of Mr. Suhas M. Dixit (DIN:02359138) as the Whole-time Director of the Company
    Ordinary
    99.96% for0.04% against

    Against: promoters 0.00% · institutions 0.36% · other public 0.02%

    Turnout: all 80.69% · promoters 99.92% · institutions 95.69% · other public 0.54%

  6. Ratification of remuneration payable to Cost Auditors for the FY 2023-24
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 80.69% · promoters 99.92% · institutions 95.69% · other public 0.54%

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, 6 resolutions

Present: 20 promoters and 67 others.The company's voting result (opens in a new tab)

  1. Consideration and Adoption of Audited Financial Statements for the year ended 31st March, 2022 together with the Reports of the Board of Directors and the Auditors thereon
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 81.07% · promoters 99.75% · institutions 94.85% · other public 4.00%

  2. Declaration of dividend on equity shares of the Company for FY 2021-22
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.13%

    Turnout: all 81.12% · promoters 99.75% · institutions 95.47% · other public 4.00%

  3. Appointment of a Director in place of Mr. Siddharth G. Mehra (DIN:06454215), who retires by rotation and being eligible, offers himself for re-appointment
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

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

    Turnout: all 81.12% · promoters 99.75% · institutions 95.47% · other public 4.00%

  4. Re-Appointment of G. D. Apte & Company, Chartered Accountants as Statutory Auditors of the Company for a second term of 5 years
    Ordinary
    99.91% for0.09% against

    Against: promoters 0.00% · institutions 0.79% · other public 0.28%

    Turnout: all 81.12% · promoters 99.75% · institutions 95.47% · other public 4.00%

  5. Re-appointment of Mr. Suhas M. Dixit (DIN:02359138) as the Whole-time Director of the Company
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 81.12% · promoters 99.75% · institutions 95.47% · other public 4.00%

  6. Ratification of remuneration payable to Cost Auditors for the FY 2022-23
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 81.12% · promoters 99.75% · institutions 95.47% · other public 4.00%

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, 29 Jul 2022, 3 resolutions

Present: 23 promoters and 53 others.The company's voting result (opens in a new tab)

  1. Sub-division of Equity Shares of the Company
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 82.38% · promoters 99.99% · institutions 96.36% · other public 9.82%

  2. Alteration of Memorandum of Association of the Company
    Special
    100.00% for0.00% against

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

    Turnout: all 82.38% · promoters 99.99% · institutions 96.36% · other public 9.81%

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

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

    Turnout: all 82.38% · promoters 99.99% · institutions 96.36% · other public 9.81%

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, 9 resolutions

Present: 23 promoters and 46 others.The company's voting result (opens in a new tab)

  1. Consideration and adoption of Audited Financial Statements for the year ended 31st March, 2021 together with the Reports of the Board of Directors and the Auditors thereon
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 82.72% · promoters 99.99% · institutions 97.74% · other public 11.49%

  2. Declaration of Dividend on equity shares of the Company for the FY 2020-2021
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 82.75% · promoters 99.99% · institutions 98.15% · other public 11.49%

  3. Appointment of a Director in place of Mr. Suhas M. Dixit (DIN:02359138), who retires by rotation and being eligible, offers himself for re-appointment
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 82.75% · promoters 99.99% · institutions 98.15% · other public 11.48%

  4. Re-appointment of Mr. Suhas M. Dixit (DIN:02359138) as the Whole-time Director of the Company
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 82.75% · promoters 99.99% · institutions 98.15% · other public 11.48%

  5. Re-appointment of Mr. Siddharth G. Mehra (DIN:06454215) as the Whole-time Director of the Company
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

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

    Turnout: all 10.95% · promoters 0.00% · institutions 98.15% · other public 11.48%

  6. Re-appointment of Mr. Ravindra Pisharody (DIN:01875848) as the Independent Director of the Company
    Special
    99.82% for0.18% against

    Against: promoters 0.00% · institutions 1.65% · other public 0.06%

    Turnout: all 82.75% · promoters 99.99% · institutions 98.15% · other public 11.48%

  7. Re-appointment of Mr. Hariharan Sunder (DIN:00020583) as the Independent Director of the Company
    Special
    100.00% for0.00% against

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

    Turnout: all 82.75% · promoters 99.99% · institutions 98.15% · other public 11.48%

  8. Confirmation of remuneration to Cost Auditors for the FY 2021-2022
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 82.75% · promoters 99.99% · institutions 98.15% · other public 11.48%

  9. Consideration of amendment of Memorandum of Association of the Company
    Special
    100.00% for0.00% against

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

    Turnout: all 82.75% · promoters 99.99% · institutions 98.15% · other public 11.48%

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.

How mutual funds voted

Fund houses must disclose how they vote at every meeting of a company they hold.

Mutual fund votes, meeting of 31 Aug 2026, 1 fund house so far (houses' deadline to file 15 Oct 2026)

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

  • To consider and adopt the Standalone and Consolidated Audited Financial Statements for the year ended 31st March, 2026 together with the Reports of the Board of Directors and Auditors thereon
    1 for0 against
  • To declare dividend on equity shares of the Company for FY 2025-26
    1 for0 against
  • To appoint a Director in place of Mr. Siddharth G. Mehra (DIN:06454215), who retires by rotation and being eligible, offers himself for re-appointment
    1 for0 against
  • Appointment of Mr. Ajay Reche (DIN:11740121) as Whole-time Director of the Company from 1st June, 2026 up to 30th September, 2030
    1 for0 against
  • Appointment of Mr. Siddharth G. Mehra (DIN: 06454215) as the Joint Managing Director of the Company from 1st October, 2026 up to 30th September, 2031
    1 for0 against
1 proposal not matched to one resolution
  • 6) Approve remuneration of Rs. 0.3 mn to Kishore Bhatia and Associates as cost auditor for FY27
    1 for0 against

Mutual fund votes, meeting of 22 Sep 2025, 4 fund houses

  • To consider and adopt the Standalone and Consolidated Audited Financial Statements for the year ended 31st March, 2025 together with the Reports of the Board of Directors and Auditors thereon
    4 for0 against
  • To declare dividend on equity shares of the Company for FY 2024-25
    4 for0 against
  • To appoint a Director in place of Mr. Vishal Sood (DIN:10734919), who retires by rotation and being eligible, offers himself for re-appointment
    4 for0 against
  • Appointment of MP & Associates, Company Secretaries as Secretarial Auditors of the Company
    4 for0 against
  • Ratification of remuneration payable to Cost Auditors for the FY 2024-2025
    4 for0 against
  • Ratification of remuneration payable to Cost Auditors for the FY 2025-2026
    4 for0 against
6 earlier meetings

Mutual fund votes, meeting of 25 Sep 2024, 3 fund houses

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

  • To consider and adopt the Standalone and Consolidated Audited Financial Statements for the year ended 31st March, 2024 together with the Reports of the Board of Directors and Auditors thereon
    3 for0 against
  • To declare dividend on equity shares
    3 for0 against
  • To appoint a Director in place of Mr. Siddharth G. Mehra (DIN: 06454215), who retires by rotation and being eligible, offers himself for re-appointment
    3 for0 against
  • Appointment of Mr. Vishal Sood (DIN: 10734919) as the Whole-time Director of the Company upto 30th September, 2028
    Against LIC Mutual Fund
    • LIC Mutual FundNo concern identified over the merits of appointee. Transparency Concern: Potential Non-Compliance of Section 152 (6) of Companies act, 2013.
    2 for1 against
  • Ratification of remuneration payable to Cost Auditors for the FY 2024-25
    3 for0 against
  • Revision of remuneration by way of commission payable to Directors other than in the whole-time employment or the Managing Director of the Company
    2 for0 against
1 proposal not matched to one resolution
  • 6) Revise payment of commission to Non-Executive Directors upto 1% of the net profits, capped annually at Rs. 0.5 mn director, from 1 April 2024.
    1 for0 against

Mutual fund votes, meeting of 21 Jun 2024, 3 fund houses

  • Appointment of Ms. Kavita Nair (DIN: 07771200) as an Independent Director of the Company
    3 for0 against

Mutual fund votes, meeting of 29 Sep 2023, 2 fund houses

  • Consideration and Adoption of Audited Financial Statements for the year ended 31st March, 2023 together with the Reports of the Board of Directors and the Auditors thereon
    2 for0 against
  • Declaration of dividend on equity shares of the Company for FY 2022-23
    2 for0 against
  • Appointment of a Director in place of Mr. Suhas M. Dixit (DIN:02359138), who retires by rotation and being eligible, offers himself for re-appointment
    2 for0 against
  • Re-appointment of Mr. Gautam N.Mehra (DIN:00296615) as the Managing Director of the Company
    Against Motilal Oswal Mutual Fund
    • Motilal Oswal Mutual Fund"Compliant with Law. Governance concern: Skewed remuneration practice. No absolute cap on variable cap. Combined position of Chairman and Managing Director"
    1 for1 against
  • Re-appointment of Mr. Suhas M. Dixit (DIN:02359138) as the Whole-time Director of the Company
    2 for0 against
  • Ratification of remuneration payable to Cost Auditors for the FY 2023-24
    2 for0 against

Mutual fund votes, meeting of 29 Sep 2022, 1 fund house

  • Consideration and Adoption of Audited Financial Statements for the year ended 31st March, 2022 together with the Reports of the Board of Directors and the Auditors thereon
    1 for0 against
  • Declaration of dividend on equity shares of the Company for FY 2021-22
    1 for0 against
  • Appointment of a Director in place of Mr. Siddharth G. Mehra (DIN:06454215), who retires by rotation and being eligible, offers himself for re-appointment
    1 for0 against
  • Re-Appointment of G. D. Apte & Company, Chartered Accountants as Statutory Auditors of the Company for a second term of 5 years
    1 for0 against
  • Re-appointment of Mr. Suhas M. Dixit (DIN:02359138) as the Whole-time Director of the Company
    1 for0 against
  • Ratification of remuneration payable to Cost Auditors for the FY 2022-23
    1 for0 against

Mutual fund votes, meeting of 29 Jul 2022, 1 fund house

  • Sub-division of Equity Shares of the Company
    1 for0 against
  • Alteration of Memorandum of Association of the Company
    1 for0 against
  • Alteration of Articles of Association of the Company
    1 for0 against

Mutual fund votes, meeting of 29 Sep 2021, 1 fund house

  • Consideration and adoption of Audited Financial Statements for the year ended 31st March, 2021 together with the Reports of the Board of Directors and the Auditors thereon
    1 for0 against
  • Declaration of Dividend on equity shares of the Company for the FY 2020-2021
    1 for0 against
  • Appointment of a Director in place of Mr. Suhas M. Dixit (DIN:02359138), who retires by rotation and being eligible, offers himself for re-appointment
    1 for0 against
  • Re-appointment of Mr. Suhas M. Dixit (DIN:02359138) as the Whole-time Director of the Company
    1 for0 against
  • Re-appointment of Mr. Siddharth G. Mehra (DIN:06454215) as the Whole-time Director of the Company
    1 for0 against
  • Re-appointment of Mr. Ravindra Pisharody (DIN:01875848) as the Independent Director of the Company
    1 for0 against
  • Re-appointment of Mr. Hariharan Sunder (DIN:00020583) as the Independent Director of the Company
    1 for0 against
  • Confirmation of remuneration to Cost Auditors for the FY 2021-2022
    1 for0 against
  • Consideration of amendment of Memorandum of Association of the Company
    1 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 Jun 2026.

  • Tax disputeDy. Commissioner of State Tax, Belapur DivisionSince 30 Mar 2026
    The Company had filed its reply to the Show Cause Notice on 09-04-2026
    At the filing before: A Show Cause Notice was issued alleging excess/incorrect distribution of Input Tax Credit in respect of FY 2021-22 on the Company’s Maharashtra ISD registration, recommending penalty of Rs.17,29,42,824MoreLess

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
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.