STL Networks logo

STL Networks CEO, MD, chairman, board of directors and AGM

NSE: STLNETWORKBSE: 544395Telecom - ServicesSmall Cap

Last close ₹35.21down ₹1.85 (4.99%)BSE ₹35.21

Share price at the NSE close on 23 Oct 2026. Previous close ₹37.06.

52-week range of traded prices to 23 Oct 2026
₹15.75Low, 30 Mar 2026₹56.50High, 28 Sep 2026
Market cap
₹1,719 Cr1,410th largest listed
P/E
Lossover the last 12 months
P/B
2.1
Dividend yield
Nonein the last 12 months
ROE
−12.3%
ROCE
0.4%
Debt to equity
1.16
Volume, NSE
27,32,64761.0% delivered

STL Networks 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

  • ChairpersonPravin AgarwalRelated to the promoter
  • Chief executiveChandrasekhara Rao Battula

6 directors3 independent1 executive2 non-executive

  • Pravin Agarwal · ChairpersonNon-executive · joined May 2025 · 2 listed boards · 2 committee seats, 1 as chair
  • Ankit AgarwalNon-executive · joined Mar 2021 · 2 listed boards · 1 committee seat
  • Dindayal JalanIndependent · joined May 2025 · reappointed May 2025 · 16 months as independent · 3 listed boards · 2 as independent · 6 committee seats, 3 as chair
  • Kumud Madhok SrinivasanIndependent · joined May 2025 · reappointed May 2025 · 16 months as independent · 1 listed board · 1 as independent · 2 committee seats
  • Bangalore Jayaram ArunIndependent · joined May 2025 · reappointed May 2025 · 16 months as independent · 2 listed boards · 2 as independent · 3 committee seats
  • Chandrasekhara Rao Battula · Chief executiveExecutive · joined Jun 2026 · 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.

1 director who left
  • Pankaj Malik, left 10 Jun 2026: Others

Committees and meetings

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

  • Board

    • 28 Jul 20265 of 6 present3 independent · 47 days in between
    • 10 Jun 20265 of 6 present3 independent · 33 days in between
    • 7 May 20266 of 6 present3 independent · 18 days in between
    • 18 Apr 20265 of 6 present3 independent

  • Audit Committee

    Chair Dindayal Jalan

    Kumud Madhok Srinivasan, Bangalore Jayaram Arun

    • 28 Jul 20263 of 3 present3 independent · 81 days in between
    • 7 May 20263 of 3 present3 independent

  • Nomination and remuneration committee

    Chair Bangalore Jayaram Arun

    Dindayal Jalan, Kumud Madhok Srinivasan, Ankit Agarwal

    • 28 Jul 20264 of 4 present3 independent · 47 days in between
    • 10 Jun 20264 of 4 present3 independent · 33 days in between
    • 7 May 20264 of 4 present3 independent

  • Stakeholders Relationship Committee

    Chair Dindayal Jalan

    Kumud Madhok Srinivasan, Bangalore Jayaram Arun, Chandrasekhara Rao Battula

    No meeting listed in the filing.

  • Risk Management Committee

    Chair Kumud Madhok Srinivasan

    Dindayal Jalan, Gopal Chandra Rastogi, Chandrasekhara Rao Battula

    • 28 Jul 20263 of 3 present2 independent

  • Corporate Social Responsibility Committee

    Chair Kumud Madhok Srinivasan

    Bangalore Jayaram Arun, Ankit Agarwal, Chandrasekhara Rao Battula

    • 28 Jul 20264 of 4 present2 independent · 81 days in between
    • 7 May 20264 of 4 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.

  • Price Waterhouse Chartered Accountants LLPPeer-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.

STL Networks 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.STL Networks share news and announcements

Annual general meeting, 8 Sep 2026

2,30,035 shareholders on the register on 28 Aug 2026; present: 2 promoters and 73 others; votes counted by Debasis Dixit / D Dixit & Associates.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone & Consolidated Financial Statements of the Company for the financial year ended March 31, 2026, and the reports of the Board of Directors and the Auditors thereonMoreLess
    Ordinary
    99.91% for0.09% against

    Against: promoters 0.00% · institutions 0.00% · other public 13.34%

    Turnout: all 46.88% · promoters 99.97% · institutions 64.60% · other public 0.62%

  2. To re-appoint Mr. Pravin Agarwal (DIN: 00022096), who retires by rotation and being eligible, offers himself for re-appointment, as a Director.
    Ordinary
    98.47% for1.53% against

    Against: promoters 0.00% · institutions 27.54% · other public 14.32%

    Turnout: all 46.89% · promoters 99.97% · institutions 64.74% · other public 0.62%

  3. To approve the remuneration of Cost Auditors of the Company for the financial year 2026-27
    Ordinary
    99.90% for0.10% against

    Against: promoters 0.00% · institutions 0.00% · other public 13.84%

    Turnout: all 46.89% · promoters 99.97% · institutions 64.74% · other public 0.62%

  4. To appoint Mr. Chandrasekhara Rao Battula as Whole–Time Director and Interim Chief Executive Officer of the Company.
    Special
    98.52% for1.48% against

    Against: promoters 0.00% · institutions 26.59% · other public 14.01%

    Turnout: all 46.89% · promoters 99.97% · institutions 64.74% · other public 0.62%

  5. To approve increase in the limit of managerial remuneration payable to Mr. Chandrasekhara Rao Battula, Whole time Director and Interim Chief Executive Officer in excess of 5% of the net profit of the Company during the financial year as a Whole time Director and Interim Chief Executive Officer.MoreLess
    Special
    99.77% for0.23% against

    Against: promoters 0.00% · institutions 0.15% · other public 32.53%

    Turnout: all 46.89% · promoters 99.97% · institutions 64.74% · other public 0.62%

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, 19 May 2026, 2 resolutions

2,30,258 shareholders on the register on 10 Apr 2026; votes counted by Debasis Dixit / D Dixit & Associates.The company's voting result (opens in a new tab)

  1. TO APPROVE ALTERATION OF THE ARTICLES OF ASSOCIATION OF THE COMPANY
    Special
    99.98% for0.02% against

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

    Turnout: all 48.66% · promoters 99.99% · institutions 61.68% · other public 0.74%

  2. TO APPROVE ISSUANCE OF WARRANTS CONVERTIBLE INTO EQUITY SHARES TO TWIN STAR OVERSEAS LIMITED, PROMOTER OF THE COMPANY ON A PREFERENTIAL BASIS
    Special
    95.70% for4.30% against

    Against: promoters 0.00% · institutions 49.95% · other public 5.69%

    Turnout: all 48.66% · promoters 99.99% · institutions 61.68% · other public 0.74%

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, 8 May 2026, 5 resolutions

2,30,613 shareholders on the register on 3 Apr 2026; votes counted by Debasis Dixit / D Dixit & Associates.The company's voting result (opens in a new tab)

  1. TO APPROVE ENTERING INTO MATERIAL RELATED PARTY TRANSACTIONS WITH STERLITE TECHNOLOGIES LIMITED
    Ordinary
    56.88% for43.12% against

    Against: promoters 0.00% · institutions 50.42% · other public 1.95%

    Turnout: all 4.93% · promoters 0.00% · institutions 61.99% · other public 1.51%

  2. TO APPROVE ENTERING INTO MATERIAL RELATED PARTY TRANSACTIONS WITH STERLITE TECH CABLES SOLUTIONS LIMITED
    Ordinary
    99.51% for0.49% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.27%

    Turnout: all 4.93% · promoters 0.00% · institutions 61.99% · other public 1.51%

  3. TO APPROVE THE EXERCISE OF THE COMPANY'S BORROWING POWERS UNDER SECTION 180 (1)(C) OF THE COMPANIES ACT, 2013
    Special
    99.93% for0.07% against

    Against: promoters 0.00% · institutions 0.47% · other public 2.05%

    Turnout: all 49.08% · promoters 99.99% · institutions 61.99% · other public 1.51%

  4. TO APPROVE CREATION OF CHARGES ON THE MOVABLE AND IMMOVABLE PROPERTIES OF THE COMPANY, BOTH PRESENT AND FUTURE, IN RESPECT OF BORROWINGS UNDER SECTION 180 (1)(A) OF THE COMPANIES ACT, 2013
    Special
    99.93% for0.07% against

    Against: promoters 0.00% · institutions 0.47% · other public 2.10%

    Turnout: all 49.08% · promoters 99.99% · institutions 61.99% · other public 1.51%

  5. TO CONSIDER AND APPROVE INVESTING THE FUNDS OF THE COMPANY IN EXCESS OF THE LIMITS PRESCRIBED UNDER SECTION 186 OF THE COMPANIES ACT, 2013
    Special
    91.43% for8.57% against

    Against: promoters 0.00% · institutions 99.87% · other public 2.41%

    Turnout: all 49.06% · promoters 99.99% · institutions 61.99% · other public 1.49%

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, 13 Dec 2025, 1 resolution

2,44,906 shareholders on the register on 7 Nov 2025; votes counted by Debasis Dixit / D Dixit & Associates.The company's voting result (opens in a new tab)

  1. TO CONSIDER AND APPROVE MODIFICATION ON STL NETWORKS LIMITED – EMPLOYEE STOCK OPTION SCHEME 2025 (“SNL ESOS 2025”/ “SCHEME”)
    Special
    94.34% for5.66% against

    Against: promoters 0.00% · institutions 40.72% · other public 12.82%

    Turnout: all 51.91% · promoters 99.99% · institutions 72.57% · other public 1.70%

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

Annual general meeting, 30 Sep 2025, 13 resolutions

2,42,021 shareholders on the register on 18 Sep 2025; present: 7 promoters and 56 others; votes counted by Debasis Dixit / D Dixit & Associates.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone & Consolidated Financial Statements of the Company for the financial year ended March 31, 2025, and the reports of the Board of Directors and the Auditors thereonMoreLess
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.93%

    Turnout: all 55.39% · promoters 99.99% · institutions 76.34% · other public 1.66%

  2. To re-appoint Mr. Ankit Agarwal (DIN: 03344202), who retires by rotation and being eligible, offers himself for re-appointment, as a Director
    Ordinary
    98.57% for1.43% against

    Against: promoters 0.00% · institutions 7.44% · other public 1.13%

    Turnout: all 55.38% · promoters 99.99% · institutions 76.38% · other public 1.60%

  3. To approve appointment of Mr. Pravin Agarwal (DIN: 00022096), as Chairman and Non-Executive Director
    Special
    98.57% for1.43% against

    Against: promoters 0.00% · institutions 7.44% · other public 1.04%

    Turnout: all 55.40% · promoters 99.99% · institutions 76.38% · other public 1.66%

  4. To approve appointment of Mr. Dindayal Jalan (DIN: 00006882) as an Independent Director for a first term of two consecutive years
    Special
    98.68% for1.32% against

    Against: promoters 0.00% · institutions 6.88% · other public 1.07%

    Turnout: all 55.40% · promoters 99.99% · institutions 76.38% · other public 1.66%

  5. To approve appointment of Ms. Kumud Madhok Srinivasan (DIN: 06487248) as an Independent Director for a first term of two consecutive years
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.04%

    Turnout: all 55.40% · promoters 99.99% · institutions 76.38% · other public 1.66%

  6. To approve appointment of Mr. Bangalore Jayaram Arun (DIN: 02497125) as an Independent Director for a first term of two consecutive years
    Special
    99.99% for0.01% against

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

    Turnout: all 55.40% · promoters 99.99% · institutions 76.38% · other public 1.66%

  7. To approve the appointment of Secretarial Auditors of the Company effective from April 01, 2025 to March 31, 2030
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.98%

    Turnout: all 55.40% · promoters 99.99% · institutions 76.38% · other public 1.66%

  8. To approve the remuneration of Cost Auditors of the Company for the financial year 2025-26
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.05%

    Turnout: all 55.40% · promoters 99.99% · institutions 76.38% · other public 1.66%

  9. To approve entering into Material Related Party Transaction with Sterlite Technologies Limited (“STL”), a fellow subsidiary of the Company
    OrdinaryPromoters have an interest in it
    99.93% for0.07% against

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

    Turnout: all 11.25% · promoters 0.00% · institutions 76.38% · other public 1.66%

  10. To approve entering into Material Related Party Transaction with Sterlite Tech Cables Solutions Limited (“STL Cables”), a fellow subsidiary of the Company,
    OrdinaryPromoters have an interest in it
    99.93% for0.07% against

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

    Turnout: all 11.25% · promoters 0.00% · institutions 76.38% · other public 1.66%

  11. a. To approve appointment of Mr. Pankaj Malik as Whole – Time Director of the Company b. To approve increase in the limit of managerial remuneration payable to Mr. Pankaj Malik, Whole time Director and Chief Executive Officer in excess of 5% of the net profit of the Company in any financial year for a period of 3 (three) years as Whole time Director and Chief Executive OfficerMoreLess
    Special
    98.57% for1.43% against

    Against: promoters 0.00% · institutions 7.44% · other public 1.35%

    Turnout: all 55.40% · promoters 99.99% · institutions 76.38% · other public 1.66%

  12. To approve formulation, adoption and implementation of STL Networks Limited - Employee Stock Option Scheme 2025 (“SNL ESOS Scheme 2025”) for grant of employee stock options to the employees of the Company under this SNL ESOS Scheme 2025MoreLess
    Special
    92.09% for7.91% against

    Against: promoters 0.00% · institutions 41.44% · other public 1.27%

    Turnout: all 55.40% · promoters 99.99% · institutions 76.38% · other public 1.66%

  13. To extend the benefits of and to approve granting of stock options to the employees of subsidiaries of the Company under STL Networks Limited - Employees Stock Option Scheme 2025
    Special
    92.09% for7.91% against

    Against: promoters 0.00% · institutions 41.44% · other public 1.39%

    Turnout: all 55.40% · promoters 99.99% · institutions 76.38% · other public 1.66%

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 19 May 2026, 2 fund houses

  • TO APPROVE ALTERATION OF THE ARTICLES OF ASSOCIATION OF THE COMPANY
    2 for0 against
  • TO APPROVE ISSUANCE OF WARRANTS CONVERTIBLE INTO EQUITY SHARES TO TWIN STAR OVERSEAS LIMITED, PROMOTER OF THE COMPANY ON A PREFERENTIAL BASIS
    Against Bandhan Mutual Fund
    • Bandhan Mutual FundCompliant with law. Governance & Transparency Concern: Warrants priced at par with equity shares; Significant dilution and no clarity regarding the reason behind not opting for Rights Issue with no urgent need of funds; No explanation / clarification selection of proposed allottees i.e. as to why preferential offer is being made only to Promoter.
    1 for1 against

Mutual fund votes, meeting of 8 May 2026, 2 fund houses

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

  • TO APPROVE ENTERING INTO MATERIAL RELATED PARTY TRANSACTIONS WITH STERLITE TECHNOLOGIES LIMITED
    Against Bandhan Mutual Fund
    • Bandhan Mutual FundCompliant with law. Governance & Transparency Concern: The Company has not adequately disclosed the basis for arm’s length pricing for all transactions, in absence of which shareholders cannot make informed decisions regarding the fairness of proposed RPTs
    1 for1 against
  • TO APPROVE ENTERING INTO MATERIAL RELATED PARTY TRANSACTIONS WITH STERLITE TECH CABLES SOLUTIONS LIMITED
    2 for0 against
  • TO APPROVE CREATION OF CHARGES ON THE MOVABLE AND IMMOVABLE PROPERTIES OF THE COMPANY, BOTH PRESENT AND FUTURE, IN RESPECT OF BORROWINGS UNDER SECTION 180 (1)(A) OF THE COMPANIES ACT, 2013
    2 for0 against
  • TO CONSIDER AND APPROVE INVESTING THE FUNDS OF THE COMPANY IN EXCESS OF THE LIMITS PRESCRIBED UNDER SECTION 186 OF THE COMPANIES ACT, 2013
    Against Bandhan Mutual Fund, HDFC Mutual Fund
    • Bandhan Mutual FundCompliant with the law. Governance & Transparency Concern: Lack of adequate justifications & disclosure as the Company has not provided details of the recipients. Umbrella approval to cover any person/entity in the proposed limit.
    • HDFC Mutual FundThe company seeks approval to increase the limit under section 186 to Rs. 15.0 bn. However, this is an enabling approval, and it allows the company to give loans/ guarantees/ provide securities to any body corporate, including promoter-group companies. The company must disclose granular details, including the names of the companies, the nature and size of their operations, and the terms of support, to enable shareholders to make an informed decision. We do not support the resolution.
    0 for2 against
1 proposal not matched to one resolution
  • To borrow for and on behalf of the Company from time to time including by way of issuance of debentures/bonds (including FCCBs), as deemed by it to be requisite and proper for the business of the Company from banks and/ or financial institutions and/ or multilateral agencies and/ or export import banks and/ or other creditors any sum or sums of moneys (in foreign currency or Indian rupee) which shall not exceed in the aggregate at any one time, Rs. 3,000 crores.MoreLess
    2 for0 against
2 earlier meetings

Mutual fund votes, meeting of 13 Dec 2025, 2 fund houses

  • TO CONSIDER AND APPROVE MODIFICATION ON STL NETWORKS LIMITED – EMPLOYEE STOCK OPTION SCHEME 2025 (“SNL ESOS 2025”/ “SCHEME”)
    Against HDFC Mutual Fund
    • HDFC Mutual FundESOPS / RSUs granted at a deep discount to market price. We do not support the resolution.
    1 for1 against

Mutual fund votes, meeting of 30 Sep 2025, 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 Standalone & Consolidated Financial Statements of the Company for the financial year ended March 31, 2025, and the reports of the Board of Directors and the Auditors thereonMoreLess
    6 for0 against
  • To re-appoint Mr. Ankit Agarwal (DIN: 03344202), who retires by rotation and being eligible, offers himself for re-appointment, as a Director
    6 for0 against
  • To approve appointment of Mr. Pravin Agarwal (DIN: 00022096), as Chairman and Non-Executive Director
    6 for0 against
  • To approve appointment of Mr. Dindayal Jalan (DIN: 00006882) as an Independent Director for a first term of two consecutive years
    Against Angel One Mutual Fund, Groww Mutual Fund
    • Angel One Mutual FundGovernance Concern: Proposed appointee is on the Board of Vedanta Ltd, a group company and an exemployee of Vedanta. Long association with the Company and/ or Group has potential to vitiate independence.
    • Groww Mutual FundCompliant with law. Governance Concern: Proposed appointee is on the Board of Vedanta Ltd, a group company and an exemployee of Vedanta. Long association with the Company and/ or Group has potential to vitiate independence.
    4 for2 against
  • To approve appointment of Ms. Kumud Madhok Srinivasan (DIN: 06487248) as an Independent Director for a first term of two consecutive years
    6 for0 against
  • To approve appointment of Mr. Bangalore Jayaram Arun (DIN: 02497125) as an Independent Director for a first term of two consecutive years
    6 for0 against
  • To approve the remuneration of Cost Auditors of the Company for the financial year 2025-26
    6 for0 against
  • To approve entering into Material Related Party Transaction with Sterlite Technologies Limited (“STL”), a fellow subsidiary of the Company
    6 for0 against
  • To approve entering into Material Related Party Transaction with Sterlite Tech Cables Solutions Limited (“STL Cables”), a fellow subsidiary of the Company,
    6 for0 against
  • a. To approve appointment of Mr. Pankaj Malik as Whole – Time Director of the Company b. To approve increase in the limit of managerial remuneration payable to Mr. Pankaj Malik, Whole time Director and Chief Executive Officer in excess of 5% of the net profit of the Company in any financial year for a period of 3 (three) years as Whole time Director and Chief Executive OfficerMoreLess
    6 for0 against
  • To approve formulation, adoption and implementation of STL Networks Limited - Employee Stock Option Scheme 2025 (“SNL ESOS Scheme 2025”) for grant of employee stock options to the employees of the Company under this SNL ESOS Scheme 2025MoreLess
    Against HDFC Mutual Fund, Mirae Asset Mutual Fund
    • HDFC Mutual FundThe exercise price of the ESOPs will be at a deep discount to market price. We do not support the resolution.
    • Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
    4 for2 against
  • To extend the benefits of and to approve granting of stock options to the employees of subsidiaries of the Company under STL Networks Limited - Employees Stock Option Scheme 2025
    Against HDFC Mutual Fund, Mirae Asset Mutual Fund
    • HDFC Mutual FundThe exercise price of the ESOPs will be at a deep discount to market price. We do not support the resolution.
    • Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
    4 for2 against
1 proposal not matched to one resolution
  • To approve the appointment of M/s D Dixit and Associates, a peer reviewed firm of Practising Company Secretary (firm registration no. SD008DE108900), as the Secretarial Auditors of the Company, for a term of five consecutive financial years commencing from financial year 2025-26 to financial year 2029-30, at such fees, plus applicable taxes and other out-of-pocket expenses as may be mutually agreed upon between the Board of Directors of the Company and the Secretarial Auditors.MoreLess
    6 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 disputeGoods and Service Tax Authority, GoaSince 29 Nov 2024
    The hearing was attended on August 3, 2026, and the order is currently awaited.
    At the filing before: Appeal filed with the State Appellate Authority, hearing due
  • Tax disputeJoint Commissioner CGST & CX, Haldia CommissionerateSince 26 Feb 2026
    A favorable order has been received on July 15, 2026 and was reported to the stock exchange on the same date.
    At the filing before: Order received, appeal to be filed

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 4 complaints open, quarter to Sep 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
No
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 Jun 2026. A preferential issue sells new shares to chosen investors rather than to the public. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far.

RaisedAmount raisedForSet asideSpentSpent elsewhere
Preferential IssuesJun 2026, checked by CARE Ratings Limited27.00Repayment/ Servicing of financial facilities availed by the Company81.0025.00No
Preferential IssuesJun 2026, checked by CARE Ratings Limited27.00General Corporate Purposes27.000.00No
₹ 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.