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Sundram Fasteners CEO, MD, chairman, board of directors and AGM

NSE: SUNDRMFASTBSE: 500403Auto ComponentsSmall Cap

Last close ₹1,040.90down ₹13.30 (1.26%)BSE ₹1,040.25

Share price at the NSE close on 23 Oct 2026. Previous close ₹1,054.20.

52-week range of traded prices to 23 Oct 2026
₹730.10Low, 2 Apr 2026₹1,347.20High, 10 Sep 2026
Market cap
₹21,872 Cr366th largest listed
P/E
35.8
P/B
5.1
Dividend yield
0.77%
ROE
15.1%
ROCE
16.2%
Debt to equity
0.14
Volume, NSE
82,43544.1% delivered

Sundram Fasteners 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

  • ChairpersonSuresh Krishna
  • Managing director and CEOArathi Krishna
  • Chief executiveArundathi Krishna
  • Company Secretary and Compliance OfficerG Anand Babu

8 directors4 independent2 executive2 non-executive

  • Suresh Krishna · ChairpersonNon-executive · joined Aug 1964 · reappointed Jul 2026 · 1 listed board
  • Arathi Krishna · Managing director and CEOExecutive · joined Aug 2006 · reappointed May 2026 · 1 listed board · 1 committee seat
  • Arundathi Krishna · Chief executiveExecutive · joined Sep 2008 · reappointed Sep 2023 · 1 listed board · 1 committee seat
  • Preethi KrishnaNon-executive · joined Jul 2017 · 1 listed board
  • Heramb Ravindra Hajarnavis · Shareholder DirectorIndependent · joined Sep 2017 · reappointed Sep 2022 · 108 months as independent · 2 listed boards · 2 as independent · 3 committee seats, 1 as chair
  • Seturaman Mahalingam · Shareholder DirectorIndependent · joined Jan 2018 · reappointed Jan 2023 · 104 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
  • Nirmala Lakshman · Shareholder DirectorIndependent · joined Sep 2018 · reappointed Sep 2023 · 96 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
  • Ranganathan Vijayaraghavan · Shareholder DirectorIndependent · joined Sep 2024 · reappointed Sep 2024 · 24 months as independent · 3 listed boards · 3 as independent · 7 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.

Committees and meetings

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

  • Board

    • 4 Aug 20268 of 8 present4 independent · 95 days in between
    • 30 Apr 20267 of 8 present3 independent

  • Audit Committee

    Chair Seturaman Mahalingam

    Heramb Ravindra Hajarnavis, Ranganathan Vijayaraghavan

    • 4 Aug 20263 of 3 present3 independent · 95 days in between
    • 30 Apr 20262 of 3 present2 independent

  • Nomination and remuneration committee

    Chair Heramb Ravindra Hajarnavis

    Preethi Krishna, Nirmala Lakshman

    No meeting listed in the filing.

  • Stakeholders Relationship Committee

    Chair Nirmala Lakshman

    Arathi Krishna, Arundathi Krishna

    • 4 Aug 20263 of 3 present1 independent

  • Risk Management Committee

    Chair Arathi Krishna

    Arundathi Krishna, Seturaman Mahalingam, Preethi Krishna

    • 10 Sep 20264 of 4 present1 independent · 36 days in between

  • Corporate Social Responsibility Committee

    Chair Arathi Krishna

    Arundathi Krishna, Nirmala Lakshman

    No meeting listed in the filing.

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 Jun 2026.

  • BSR and Co LLP Chartered Accountants ChennaiPeer-review certificate valid to Jul 2028
1 earlier auditor
  • B S R & Co LLP Chartered Accountants ChennaiNamed in the filing for the quarter to Mar 2025

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

Sundram Fasteners 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.Sundram Fasteners dividend history

Annual general meeting, 24 Jun 2026

79,371 shareholders on the register on 17 Jun 2026; present: 6 promoters and 31 others; votes counted by G Karthikeyan / G Karthikeyan.The company's voting result (opens in a new tab)

  1. Adoption of audited financial statement including the consolidated financial statement, Reports of the Board of Directors and Auditors thereon for the financial year ended March 31, 2026.
    Ordinary
    99.78% for0.22% against

    Against: promoters 0.00% · institutions 0.55% · other public 0.84%

    Turnout: all 77.92% · promoters 99.99% · institutions 90.98% · other public 2.33%

  2. Re-appointment of Ms Arundathi Krishna (DIN: 00270935) as a Director, who retires by rotation.
    OrdinaryPromoters have an interest in it
    99.90% for0.10% against

    Against: promoters 0.00% · institutions 0.23% · other public 0.88%

    Turnout: all 77.92% · promoters 99.99% · institutions 90.98% · other public 2.33%

  3. Ratification of remuneration payable to the Cost Auditor for the financial year ending March 31, 2027.
    Ordinary
    99.99% for0.01% against

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

    Turnout: all 77.92% · promoters 99.99% · institutions 90.98% · other public 2.33%

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, 24 Apr 2026, 1 resolution

79,212 shareholders on the register on 20 Mar 2026; votes counted by G Karthikeyan / G Karthikeyan.The company's voting result (opens in a new tab)

  1. Approval of the re-appointment of Sri Suresh Krishna, (DIN: 00046919) as a Non-Executive Director of the Company for another term of five (5) consecutive years from July 1, 2026, to June 30, 2031 (both days inclusive) by way of a Special Resolution;MoreLess
    Special
    99.83% for0.17% against

    Against: promoters 0.00% · institutions 0.40% · other public 3.75%

    Turnout: all 78.06% · promoters 99.98% · institutions 91.77% · 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, 17 Mar 2026, 1 resolution

79,767 shareholders on the register on 30 Jan 2026; votes counted by G Karthikeyan / G Karthikeyan.The company's voting result (opens in a new tab)

  1. Approval of the re-appointment and remuneration of Ms Arathi Krishna (DIN: 00517456) as Managing Director of the Company for another term of five (5) consecutive years from May 3, 2026, to May 2, 2031 (both days inclusive) by way of an Ordinary ResolutionMoreLess
    Ordinary
    91.54% for8.46% against

    Against: promoters 0.00% · institutions 21.33% · other public 1.37%

    Turnout: all 78.74% · promoters 99.98% · institutions 91.98% · other public 3.12%

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.

Annual general meeting, 30 Jun 2025, 4 resolutions

80,335 shareholders on the register on 23 Jun 2025; present: 8 promoters and 41 others; votes counted by G Karthikeyan / G Karthikeyan.The company's voting result (opens in a new tab)

  1. Adoption of audited financial statement including the consolidated financial statement, Reports of the Board of Directors and Auditors thereon for the financial year ended March 31, 2025.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 80.71% · promoters 99.99% · institutions 91.80% · other public 14.16%

  2. Re-appointment of Ms Preethi Krishna (DIN: 02037253) as a Director, who retires by rotation.
    OrdinaryPromoters have an interest in it
    99.85% for0.15% against

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

    Turnout: all 80.71% · promoters 99.99% · institutions 91.80% · other public 14.16%

  3. Appointment of M/s. Sriram Krishnamurthy & Co, (formerly known as M/s. S Krishnamurthy & Co.), Practicing Company Secretaries, Chennai as Secretarial Auditors of the Company.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 80.71% · promoters 99.99% · institutions 91.79% · other public 14.16%

  4. Ratification of remuneration payable to the Cost Auditor for the financial year ending March 31, 2026.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 80.71% · promoters 99.99% · institutions 91.80% · other public 14.16%

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 Oct 2024, 1 resolution

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

  1. Approval for the appointment of nSri R Vijayaraghavan (DIN: 00026763) as a Non-Executive Independent Director for a period of five years effective from September 26, 2024, to September 25, 2029, and for his continuation after attaining 75 years of age during such tenure.MoreLess
    Special
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.06% · other public 0.23%

    Turnout: all 79.84% · promoters 99.99% · institutions 90.21% · other public 13.70%

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, 9 Aug 2024, 3 resolutions

Present: 8 promoters and 37 others.The company's voting result (opens in a new tab)

  1. Adoption of Audited Financial Statement including the consolidated financial statement, for the financial year ended 31st March 2024, together with the Reports of the Board of Directors and Auditor’s thereon.MoreLess
    Ordinary
    99.71% for0.29% against

    Against: promoters 0.00% · institutions 0.00% · other public 25.69%

    Turnout: all 77.98% · promoters 99.99% · institutions 89.45% · other public 4.54%

  2. Re-appointment of Ms. Arathi Krishna (DIN:00517456) who retires by rotation, as a Director.
    OrdinaryPromoters have an interest in it
    99.65% for0.35% against

    Against: promoters 0.00% · institutions 0.15% · other public 25.71%

    Turnout: all 77.98% · promoters 99.99% · institutions 89.45% · other public 4.54%

  3. Ratification of the remuneration of Rs. 5 lakhs (in addition to reimbursement of travel and out-of-pocket expenses) payable to Sri P Raju Iyer, Practising Cost Accountant (Membership No.6987), who was appointed as Cost Auditor of the Company for the financial year ending 31st March 2025MoreLess
    Ordinary
    99.71% for0.29% against

    Against: promoters 0.00% · institutions 0.00% · other public 25.69%

    Turnout: all 77.98% · promoters 99.99% · institutions 89.45% · other public 4.54%

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 Jun 2023, 4 resolutions

Present: 7 promoters and 38 others.The company's voting result (opens in a new tab)

  1. Adoption of audited financial statement including the consolidated financial statement, Report of the Board of Directors and Auditors for the financial year ended March 31, 2023.nn
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 74.94% · promoters 99.94% · institutions 85.24% · other public 1.94%

  2. Re-appointment of Ms Arundathi Krishna (DIN: 00270935) who retires by rotation and being eligible offers herself for re-appointment as a Director of the Company
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.03% · other public 0.04%

    Turnout: all 74.94% · promoters 99.94% · institutions 85.24% · other public 1.93%

  3. Ratification of remuneration payable to the Cost Auditors for the financial year ending March 31, 2024.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.10%

    Turnout: all 74.94% · promoters 99.94% · institutions 85.24% · other public 1.93%

  4. Re-appointment of Dr Nirmala Lakshman (DIN: 00141632) as a Non-Executive Independent Director of the Company for the second consecutive term of 5 (five) years commencing from September 20, 2023 to September 19, 2028.MoreLess
    Special
    100.00% for0.00% against

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

    Turnout: all 74.94% · promoters 99.94% · institutions 85.24% · other public 1.93%

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

Postal ballot, 20 Dec 2022, 2 resolutions

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

  1. Approval of re-appointment of Ms Arundathi Krishna (DIN: 00270935) as Joint Managing Director of the Company and payment of remuneration, for a period of 5 (five) years from September 18, 2023 to September 17, 2028MoreLess
    OrdinaryPromoters have an interest in it
    85.59% for14.41% against

    Against: promoters 0.00% · institutions 40.33% · other public 0.24%

    Turnout: all 77.27% · promoters 99.99% · institutions 90.75% · other public 5.48%

  2. Approval of re-appointment of Sri S Mahalingam (DIN: 00121727) as a Non-Executive Independent Director of the Company for the second consecutive term of five years commencing from January 30, 2023 to January 29, 2028 and for his continuation after attaining 75 years of age during such tenure.MoreLess
    Ordinary
    99.24% for0.76% against

    Against: promoters 0.00% · institutions 2.11% · other public 0.23%

    Turnout: all 77.27% · promoters 99.99% · institutions 90.75% · other public 5.48%

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.Funds that hold it

Mutual fund votes, meeting of 24 Jun 2026, 10 fund houses

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

  • Adoption of audited financial statement including the consolidated financial statement, Reports of the Board of Directors and Auditors thereon for the financial year ended March 31, 2026.
    10 for0 against
  • Re-appointment of Ms Arundathi Krishna (DIN: 00270935) as a Director, who retires by rotation.
    10 for0 against
  • Ratification of remuneration payable to the Cost Auditor for the financial year ending March 31, 2027.
    7 for0 against
2 proposals not matched to one resolution
  • 3) Ratify remuneration of upto Rs. 500,000 to P Raju Iyer, as cost auditor for FY27.
    1 for0 against
  • Ratify remuneration of upto Rs. 500,000 to P Raju Iyer, as cost auditor for FY27
    2 for0 against

Mutual fund votes, meeting of 24 Apr 2026, 19 fund houses

  • Approval of the re-appointment of Sri Suresh Krishna, (DIN: 00046919) as a Non-Executive Director of the Company for another term of five (5) consecutive years from July 1, 2026, to June 30, 2031 (both days inclusive) by way of a Special Resolution;MoreLess
    Against Angel One Mutual Fund, Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund
    • Angel One Mutual FundGovernance Concern: Chairman related to Managing/Executive Director, may lead to concentration of power within the family.
    • Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Navi Mutual FundCompliant with law. No concern on merit of the appointee. Governance Concern: Chairman related to Managing/Executive Director, may lead to concentration of power within the family.
    • Motilal Oswal Mutual FundChairman related to Managing/Executive Director, may lead to concentration of power within the family.
    13 for6 against
6 earlier meetings

Mutual fund votes, meeting of 17 Mar 2026, 21 fund houses

  • Approval of the re-appointment and remuneration of Ms Arathi Krishna (DIN: 00517456) as Managing Director of the Company for another term of five (5) consecutive years from May 3, 2026, to May 2, 2031 (both days inclusive) by way of an Ordinary ResolutionMoreLess
    Against Angel One Mutual Fund, Axis Mutual Fund, Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Jio BlackRock Mutual Fund, Mirae Asset Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Nippon India Mutual Fund, Quantum Mutual Fund
    • Angel One Mutual FundGovernance concern: No absolute cap on variable pay or total remuneration & Board discretion to determine variable pay.
    • Axis Mutual FundArathi Krishna, 57, is the Managing Director. She has served on the board since 23 August 2006. The company proposes to reappoint her as Managing Director for five years from 3 May 2026 and fix her remuneration. In FY25, Ms. Arathi Krishna received a remuneration of Rs. 84.4 mn, which was 121x the median employee remuneration. We estimate her proposed remuneration at Rs. 108.9 mn. However, her remuneration structure includes an uncapped reimbursement of medical expenses, covering medical treatment in India and overseas for self and family. We believe these expenses are personal in nature and should be borne by the directors themselves, not by the company. Further, her commission component is open-ended with no absolute cap. The company should also set performance threshold for commission payout. We do not support the resolution.
    • Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual FundCompliant with law. Governance concern: No absolute cap on variable pay or total remuneration & Board discretion to determine variable pay.
    • Jio BlackRock Mutual FundArathi Krishna, 57, is the Managing Director. She has served on the board since 23 August 2006. The company proposes to reappoint her as Managing Director for five years from 3 May 2026 and fix her remuneration.In FY25, Ms. Arathi Krishna received a remuneration of Rs. 84.4 mn, which was 121x the median employee remuneration. We estimate her proposed remuneration at Rs. 108.9 mn. However, her remuneration structure includes an uncapped reimbursement of medical expenses, covering medical treatment in India and overseas for self and family. We believe these expenses are personal in nature and should be borne by the directors themselves, not by the company. Further, her commission component is open-ended with no absolute cap. The company should also set performance threshold for commission payout. We do not support the resolution.
    • Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
    • Nippon India Mutual FundGovernance Concern: No absolute cap on variable pay or total remuneration & Board discretion to determine variable pay.
    • Quantum Mutual FundFor the following Governance reason we vote against the Resolution.We do not have any concern on the profile, time commitments, and attendance of Ms. Arathi Krishna. However, we take note that the proposed remuneration package of Ms. Krishna does not include the payable amount for perquisites and commission. Taking into consideration, the past payment terms of Ms. Krishna, her proposed payment (based on FY’26 TTM standalone PBT) comes to 91.2 mn (8% increase from FY’25 pay). We take note that the CAGR growth in PBT (FY’23 to FY’26 TTM) stands at 5% while the CAGR growth in her pay (FY’23 to Proposed pay) stands at 24%. Thus, the growth in her pay has significantly outpaced the company’s growth. Therefore, we do not favour her reappointment.
    10 for11 against

Mutual fund votes, meeting of 30 Jun 2025, 19 fund houses

  • Adoption of audited financial statement including the consolidated financial statement, Reports of the Board of Directors and Auditors thereon for the financial year ended March 31, 2025.
    19 for0 against
  • Re-appointment of Ms Preethi Krishna (DIN: 02037253) as a Director, who retires by rotation.
    19 for0 against
  • Appointment of M/s. Sriram Krishnamurthy & Co, (formerly known as M/s. S Krishnamurthy & Co.), Practicing Company Secretaries, Chennai as Secretarial Auditors of the Company.
    19 for0 against
  • Ratification of remuneration payable to the Cost Auditor for the financial year ending March 31, 2026.
    19 for0 against

Mutual fund votes, meeting of 29 Oct 2024, 21 fund houses

  • Approval for the appointment of nSri R Vijayaraghavan (DIN: 00026763) as a Non-Executive Independent Director for a period of five years effective from September 26, 2024, to September 25, 2029, and for his continuation after attaining 75 years of age during such tenure.MoreLess
    21 for0 against

Mutual fund votes, meeting of 9 Aug 2024, 20 fund houses

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

  • Adoption of Audited Financial Statement including the consolidated financial statement, for the financial year ended 31st March 2024, together with the Reports of the Board of Directors and Auditor’s thereon.MoreLess
    20 for0 against
  • Re-appointment of Ms. Arathi Krishna (DIN:00517456) who retires by rotation, as a Director.
    20 for0 against
  • Ratification of the remuneration of Rs. 5 lakhs (in addition to reimbursement of travel and out-of-pocket expenses) payable to Sri P Raju Iyer, Practising Cost Accountant (Membership No.6987), who was appointed as Cost Auditor of the Company for the financial year ending 31st March 2025MoreLess
    18 for0 against
1 proposal not matched to one resolution
  • Approve Remuneration of Cost Auditors
    2 for0 against

Mutual fund votes, meeting of 29 Jun 2023, 20 fund houses

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

  • Adoption of audited financial statement including the consolidated financial statement, Report of the Board of Directors and Auditors for the financial year ended March 31, 2023.nn
    19 for0 against
  • Re-appointment of Ms Arundathi Krishna (DIN: 00270935) who retires by rotation and being eligible offers herself for re-appointment as a Director of the Company
    19 for0 against
  • Ratification of remuneration payable to the Cost Auditors for the financial year ending March 31, 2024.
    19 for0 against
  • Re-appointment of Dr Nirmala Lakshman (DIN: 00141632) as a Non-Executive Independent Director of the Company for the second consecutive term of 5 (five) years commencing from September 20, 2023 to September 19, 2028.MoreLess
    20 for0 against
3 proposals not matched to one resolution
  • Item 1, as a fund house numbered it
    1 for0 against
  • Item 2, as a fund house numbered it
    1 for0 against
  • Item 3, as a fund house numbered it
    1 for0 against

Mutual fund votes, meeting of 20 Dec 2022, 17 fund houses

  • Approval of re-appointment of Ms Arundathi Krishna (DIN: 00270935) as Joint Managing Director of the Company and payment of remuneration, for a period of 5 (five) years from September 18, 2023 to September 17, 2028MoreLess
    Against Axis Mutual Fund, Bandhan Mutual Fund, HDFC Mutual Fund, HSBC Mutual Fund, Mahindra Manulife Mutual Fund, Mirae Asset Mutual Fund, Nippon India Mutual Fund, Sundaram Mutual Fund, Taurus Mutual Fund
    • Axis Mutual FundMs. Arundathi Krishna, 48, is part of the promoter family and has been on the board of the company since 2008. She was redesignated as Joint Managing Director of the company from April 2018. The board proposes to reappoint her as Joint Managing Director for five years from 18 September 2023. We estimate Ms. Arundathi Krishna’s FY24 remuneration at Rs. 110.2 mn including commission, which is high compared to peers. While her remuneration in the last three years was lower than earlier years, past remuneration has been high at Rs. 127.0 mn in FY18 and Rs. 181.6 mn in FY19. Further, the aggregate remuneration paid to promoters in the past has been high, between 6.8% to 7.4% of consolidated PBT during FY18 to FY19. Ms. Arundathi Krishna’s remuneration terms are open ended, and the amount of commission paid to her will be at the discretion of the board
    • Bandhan Mutual Fund, Mahindra Manulife Mutual FundCompliant with law; Governance Concern: No absolute Cap on variable pay
    • HDFC Mutual FundThe proposed remuneration is high considering the size and complexity of the business
    • HSBC Mutual FundA vote AGAINST this resolution is warranted as the company has failed to specify the commission rate and quantum of increment which the executive is entitled to receive as part of her remuneration.
    • Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
    • Nippon India Mutual FundNo absolute cap on variable pay
    • Sundaram Mutual Fund, Taurus Mutual FundMs. Arundathi Krishna, 48, is part of the promoter family and has been on the board of the company since 2008. She was redesignated as Joint Managing Director of the company from April 2018. The board proposes to reappoint her as Joint Managing Director for five years from 18 September 2023. We estimate Ms. Arundathi Krishna’s FY24 remuneration at Rs. 110.2 mn including commission, which is high compared to peers. While her remuneration in the last three years was lower than earlier years, past remuneration has been high at Rs. 127.0 mn in FY18 and Rs. 181.6 mn in FY19. Further, the aggregate remuneration paid to promoters in the past has been high, between 6.8% to 7.4% of consolidated PBT during FY18 to FY19. Ms. Arundathi Krishna’s remuneration terms are open ended, and the amount of commission paid to her will be at the discretion of the board.
    8 for9 against
  • Approval of re-appointment of Sri S Mahalingam (DIN: 00121727) as a Non-Executive Independent Director of the Company for the second consecutive term of five years commencing from January 30, 2023 to January 29, 2028 and for his continuation after attaining 75 years of age during such tenure.MoreLess
    Against Bandhan Mutual Fund
    • Bandhan Mutual FundCompliant with law; Governance Concern: Proposed Re-appointment will lead to prolonged association with the Group.
    16 for1 against

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

Fines, tax disputes and stakes in unlisted companies

Reported in the filing for the quarter to Sep 2026.

  • Unlisted stake heldNilSince 30 Sep 2026

    0.00% bought in the quarter; holding 0.00%, from 0.00%

  • Fine or penaltyAssistant Commissioner of CGST Audit Circle 1 Audit GurugramSince 25 Aug 2026

    Imposed Penalty of Rs. 968

    Pursuant to Section 74 of the Central Goods and Services Tax Act, 2017 and State Goods and Services Tax Act, 2017.
  • Tax disputeNilSince 30 Sep 2026
    0

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 Dec 2024.
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
Yes
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.