Sundrop Brands logo

Sundrop Brands CEO, MD, chairman, board of directors and AGM

NSE: SUNDROPBSE: 500215Food ProductsSmall Cap

Formerly Agro Tech Foods
Last close ₹612.10down ₹13.45 (2.15%)BSE ₹610.00

Share price at the NSE close on 23 Oct 2026. Previous close ₹625.55.

52-week range of traded prices to 23 Oct 2026
₹556.00Low, 30 Mar 2026₹809.95High, 29 Oct 2025
Market cap
₹2,307 Cr1,075th largest listed
P/E
82.3
P/B
1.6
Dividend yield
Nonein the last 12 months
ROE
1.9%
ROCE
2.6%
Debt to equity
0.00
Volume, NSE
10,61156.9% delivered

Sundrop Brands 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

  • ChairpersonMADHAVAN KARUNAKARAN MENON
  • Managing directorNITISH BAJAJ
  • Chief executiveASHEESH KUMAR SHARMA
  • Company Secretary and Compliance OfficerKavita

11 directors5 independent2 executive4 non-executive

  • RAJESH JAINIndependent · joined Jul 2024 · reappointed Jul 2024 · 26 months as independent · 2 listed boards · 2 as independent · 5 committee seats, 2 as chair
  • SATISH PREMANAND RAOIndependent · joined Jul 2024 · reappointed Jul 2024 · 26 months as independent · 1 listed board · 1 as independent · 3 committee seats, 2 as chair
  • RICHA ARORAIndependent · joined Jul 2024 · reappointed Jul 2024 · 26 months as independent · 2 listed boards · 2 as independent · 4 committee seats, 1 as chair
  • KARAMENDRA DAULET SINGHIndependent · joined Feb 2025 · reappointed Feb 2025 · 19 months as independent · 2 listed boards · 2 as independent · 3 committee seats, 1 as chair
  • MADHAVAN KARUNAKARAN MENON · ChairpersonIndependent · joined Sep 2025 · reappointed Sep 2025 · 12 months as independent · 1 listed board · 1 as independent · 1 committee seat
  • HARSHA RAGHAVANNon-executive · joined Aug 2024 · 4 listed boards · 3 committee seats
  • MANISH MEHTANon-executive · joined Aug 2024 · 1 listed board · 2 committee seats
  • VELLOR VENKATAKRISHNAN RANGANATHANNon-executive · joined Sep 2025 · 2 listed boards · 1 as independent · 2 committee seats, 1 as chair
  • RAMIT BHARTI MITTALNon-executive · joined Sep 2025 · 1 listed board
  • NITISH BAJAJ · Managing directorExecutive · joined Nov 2024 · 1 listed board
  • ASHEESH KUMAR SHARMA · Chief executiveExecutive · joined Apr 2024 · 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.

2 directors who left
  • Om Prakash Manchanda, left 27 Feb 2026: Others
  • Harjeet Singh Kohli, left 24 Sep 2025: Others

Committees and meetings

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

  • Board

    • 6 Aug 202610 of 11 present5 independent · 90 days in between
    • 7 May 202611 of 11 present5 independent

  • Audit Committee

    Chair RAJESH JAIN

    RICHA ARORA, SATISH PREMANAND RAO, MADHAVAN KARUNAKARAN MENON, VELLOR VENKATAKRISHNAN RANGANATHAN, MANISH MEHTA

    • 6 Aug 20265 of 6 present4 independent · 90 days in between
    • 7 May 20266 of 6 present4 independent

  • Nomination and remuneration committee

    Chair RICHA ARORA

    RAJESH JAIN, MADHAVAN KARUNAKARAN MENON, HARSHA RAGHAVAN

    • 6 Aug 20264 of 4 present3 independent · 90 days in between
    • 7 May 20264 of 4 present3 independent

  • Stakeholders Relationship Committee

    Chair SATISH PREMANAND RAO

    RAJESH JAIN, KARAMENDRA DAULET SINGH

    • 6 Aug 20263 of 3 present3 independent · 90 days in between
    • 7 May 20262 of 3 present2 independent

  • Risk Management Committee

    Chair RICHA ARORA

    RAJESH JAIN, HARSHA RAGHAVAN, VELLOR VENKATAKRISHNAN RANGANATHAN

    • 7 May 20264 of 4 present2 independent

  • Corporate Social Responsibility Committee

    Chair KARAMENDRA DAULET SINGH

    SATISH PREMANAND RAO, MADHAVAN KARUNAKARAN MENON

    • 7 May 20262 of 3 present2 independent

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

Statutory auditor

Named in the results for the quarter to Jun 2026.

  • BSR and CoPeer-review certificate valid to Apr 2029
1 earlier auditor
  • B S R and CoNamed in filings from Mar 2025 to Jun 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.

Sundrop Brands 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.Sundrop Brands dividend history

Annual general meeting, 26 Aug 2026

15,509 shareholders on the register on 19 Aug 2026; present: 0 promoters and 75 others; votes counted by B V Saravana Kumar / Tumuluru & Company, Company Secretaries.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2026, and the Reports of the Board of Directors and Auditors thereonMoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 78.10% · promoters 100.00% · institutions 91.72% · other public 55.18%

  2. To appoint a Director in place of Mr. Ramit Bharti Mittal [DIN: 01228624] who retires by rotation at the ensuing AGM and, being eligible, offers himself for reappointment
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 78.10% · promoters 100.00% · institutions 91.72% · other public 55.18%

  3. To appoint a Director in place of Mr. Nitish Bajaj [DIN: 10835891] who retires by rotation at the ensuing AGM and, being eligible, offers himself for reappointment.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 78.10% · promoters 100.00% · institutions 91.72% · other public 55.18%

  4. To ratify the remuneration payable to the Cost Auditors of the Company for the financial year 2026-27
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 78.10% · promoters 100.00% · institutions 91.72% · other public 55.18%

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 Dec 2025, 3 resolutions

15,588 shareholders on the register on 14 Nov 2025; votes counted by B V SARAVANA KUMAR / TUMULURU & COMPANY.The company's voting result (opens in a new tab)

  1. Appointment of Mr. Velloor Venkatakrishnan Ranganathan (DIN: 00060917) as Non-Executive Director of the Company, liable to retire by rotation, with effect from September 24, 2025.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 79.32% · promoters 100.00% · institutions 96.03% · other public 56.69%

  2. Appointment of Mr. Ramit Bharti Mittal (DIN: 01228624) as Non-Executive Director of the Company, liable to retire by rotation, with effect from September 24, 2025.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 79.32% · promoters 100.00% · institutions 96.03% · other public 56.69%

  3. Appointment of Mr. Madhavan Karunakaran Menon (DIN: 00008542) as Non-Executive Independent Director of the Company for a period of 5 years commencing from September 24, 2025.
    Special
    100.00% for0.00% against

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

    Turnout: all 79.32% · promoters 100.00% · institutions 96.03% · other public 56.69%

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

Annual general meeting, 28 Aug 2025, 5 resolutions

15,688 shareholders on the register on 21 Aug 2025; present: 0 promoters and 52 others; votes counted by Mr. B V Saravana Kumar / M/s. Tumuluru & Company, Company Secretaries.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statements for the Financial Year Ended March 31, 2025, the Consolidated Financial Statements for the said Financial Year and the Report of the Directors and Auditors thereonMoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 79.40% · promoters 100.00% · institutions 96.28% · other public 56.79%

  2. To appoint a Director in place of Mr. Harsha Raghavan [DIN: 01761512] who retires by rotation and, being eligible, offers himself for reappointment
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 79.40% · promoters 100.00% · institutions 96.28% · other public 56.79%

  3. To appoint a Director in place of Mr. Manish Mehta [DIN: 06442038] who retires by rotation and, being eligible, offers himself for reappointment
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 79.40% · promoters 100.00% · institutions 96.28% · other public 56.79%

  4. Appointment of M/s. Tumuluru & Company, Company Secretaries Firm (Firm Registration No. P1988AP052200) as Secretarial Auditor for a period of 5 years starting from 1st April 2025
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 79.40% · promoters 100.00% · institutions 96.28% · other public 56.79%

  5. Approval for ratification of Remuneration of M/s. Vajralingam & Co., Cost Accountants appointed as the Cost Auditors by the Board of Directors of the Company for the financial year 2025-26
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 79.40% · promoters 100.00% · institutions 96.28% · other public 56.79%

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 Jul 2025, 1 resolution

16,018 shareholders on the register on 30 May 2025; votes counted by B V SARAVANA KUMAR / TUMULURU & COMPANY.The company's voting result (opens in a new tab)

  1. To approve grant of employee stock options under ‘Agro Tech Foods Limited Employees Stock Option Plan, 2024’ equal to or more than 1% of issued capital to Mr. Nitish Bajaj, Group Managing Director of the CompanyMoreLess
    Special
    99.82% for0.18% against

    Against: promoters 0.00% · institutions 0.72% · other public 0.00%

    Turnout: all 78.86% · promoters 98.68% · institutions 96.48% · other public 56.54%

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.

Postal ballot, 27 Apr 2025, 6 resolutions

16,301 shareholders on the register on 21 Mar 2025; votes counted by B V SARAVANA KUMAR / TUMULURU & COMPANY.The company's voting result (opens in a new tab)

  1. APPOINTMENT OF MR. HARJEET SINGH KOHLI (DIN: 07575784) AS NON-EXECUTIVE DIRECTOR OF THE COMPANY, LIABLE TO RETIRE BY ROTATION
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 78.86% · promoters 100.00% · institutions 82.10% · other public 66.82%

  2. APPOINTMENT OF MR. KARAMENDRA DAULET SINGH (DIN: 00110827), AS NON-EXECTUIVE INDEPENDENT DIRECTOR OF THE COMPANY
    Special
    100.00% for0.00% against

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

    Turnout: all 78.86% · promoters 100.00% · institutions 82.10% · other public 66.82%

  3. PAYMENT OF COMMISSION OF UPTO RS. 15,00,000/- PER ANNUM INDIVIDUALLY TO THE NON-EXECUTIVE INDEPENDENT DIRECTORS OF THE COMPANY FOR A PERIOD OF 5 YEARS COMMENCING FROM APRIL 1, 2024
    Special
    100.00% for0.00% against

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

    Turnout: all 78.86% · promoters 100.00% · institutions 82.10% · other public 66.82%

  4. TO APPROVE THE 'AGRO TECH FOODS LIMITED EMPLOYEES STOCK OPTION PLAN, 2024'
    Special
    99.81% for0.19% against

    Against: promoters 0.00% · institutions 2.91% · other public 0.00%

    Turnout: all 78.86% · promoters 100.00% · institutions 82.10% · other public 66.82%

  5. TO APPROVE THE GRANT OF EMPLOYEE STOCK OPTIONS TO THE ELIGIBLE EMPLOYEES OF THE SUBSIDIARY COMPANY(IES) OF THE COMPANY UNDER 'AGRO TECH FOODS LIMITED EMPLOYEES STOCK OPTION PLAN, 2024'
    Special
    99.81% for0.19% against

    Against: promoters 0.00% · institutions 2.91% · other public 0.00%

    Turnout: all 78.86% · promoters 100.00% · institutions 82.10% · other public 66.82%

  6. TO APPROVE THE GRANT OF EMPLOYEE STOCK OPTIONS TO THE ELIGIBLE EMPLOYEES OF THE GROUP COMPANIES INCLUDING ASSOCIATE COMPANY(IES) OF THE COMPANY UNDER 'AGRO TECH FOODS LIMITED EMPLOYEES STOCK OPTION PLAN, 2024'MoreLess
    Special
    99.81% for0.19% against

    Against: promoters 0.00% · institutions 2.91% · other public 0.00%

    Turnout: all 78.86% · promoters 100.00% · institutions 82.10% · other public 66.82%

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

  • To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2026, and the Reports of the Board of Directors and Auditors thereonMoreLess
    1 for0 against
  • To appoint a Director in place of Mr. Ramit Bharti Mittal [DIN: 01228624] who retires by rotation at the ensuing AGM and, being eligible, offers himself for reappointment
    1 for0 against
  • To appoint a Director in place of Mr. Nitish Bajaj [DIN: 10835891] who retires by rotation at the ensuing AGM and, being eligible, offers himself for reappointment.
    1 for0 against
  • To ratify the remuneration payable to the Cost Auditors of the Company for the financial year 2026-27
    1 for0 against

Mutual fund votes, meeting of 21 Dec 2025, 2 fund houses

  • Appointment of Mr. Velloor Venkatakrishnan Ranganathan (DIN: 00060917) as Non-Executive Director of the Company, liable to retire by rotation, with effect from September 24, 2025.
    2 for0 against
  • Appointment of Mr. Ramit Bharti Mittal (DIN: 01228624) as Non-Executive Director of the Company, liable to retire by rotation, with effect from September 24, 2025.
    2 for0 against
  • Appointment of Mr. Madhavan Karunakaran Menon (DIN: 00008542) as Non-Executive Independent Director of the Company for a period of 5 years commencing from September 24, 2025.
    2 for0 against
6 earlier meetings

Mutual fund votes, meeting of 28 Aug 2025, 2 fund houses

  • To receive, consider and adopt the Audited Financial Statements for the Financial Year Ended March 31, 2025, the Consolidated Financial Statements for the said Financial Year and the Report of the Directors and Auditors thereonMoreLess
    2 for0 against
  • To appoint a Director in place of Mr. Harsha Raghavan [DIN: 01761512] who retires by rotation and, being eligible, offers himself for reappointment
    2 for0 against
  • To appoint a Director in place of Mr. Manish Mehta [DIN: 06442038] who retires by rotation and, being eligible, offers himself for reappointment
    2 for0 against
  • Appointment of M/s. Tumuluru & Company, Company Secretaries Firm (Firm Registration No. P1988AP052200) as Secretarial Auditor for a period of 5 years starting from 1st April 2025
    2 for0 against
  • Approval for ratification of Remuneration of M/s. Vajralingam & Co., Cost Accountants appointed as the Cost Auditors by the Board of Directors of the Company for the financial year 2025-26
    2 for0 against

Mutual fund votes, meeting of 6 Jul 2025, 1 fund house

  • To approve grant of employee stock options under ‘Agro Tech Foods Limited Employees Stock Option Plan, 2024’ equal to or more than 1% of issued capital to Mr. Nitish Bajaj, Group Managing Director of the CompanyMoreLess
    1 for0 against

Mutual fund votes, meeting of 27 Apr 2025, 1 fund house

  • APPOINTMENT OF MR. HARJEET SINGH KOHLI (DIN: 07575784) AS NON-EXECUTIVE DIRECTOR OF THE COMPANY, LIABLE TO RETIRE BY ROTATION
    1 for0 against
  • APPOINTMENT OF MR. KARAMENDRA DAULET SINGH (DIN: 00110827), AS NON-EXECTUIVE INDEPENDENT DIRECTOR OF THE COMPANY
    1 for0 against
  • PAYMENT OF COMMISSION OF UPTO RS. 15,00,000/- PER ANNUM INDIVIDUALLY TO THE NON-EXECUTIVE INDEPENDENT DIRECTORS OF THE COMPANY FOR A PERIOD OF 5 YEARS COMMENCING FROM APRIL 1, 2024
    1 for0 against
  • TO APPROVE THE 'AGRO TECH FOODS LIMITED EMPLOYEES STOCK OPTION PLAN, 2024'
    1 for0 against
  • TO APPROVE THE GRANT OF EMPLOYEE STOCK OPTIONS TO THE ELIGIBLE EMPLOYEES OF THE SUBSIDIARY COMPANY(IES) OF THE COMPANY UNDER 'AGRO TECH FOODS LIMITED EMPLOYEES STOCK OPTION PLAN, 2024'
    1 for0 against
  • TO APPROVE THE GRANT OF EMPLOYEE STOCK OPTIONS TO THE ELIGIBLE EMPLOYEES OF THE GROUP COMPANIES INCLUDING ASSOCIATE COMPANY(IES) OF THE COMPANY UNDER 'AGRO TECH FOODS LIMITED EMPLOYEES STOCK OPTION PLAN, 2024'MoreLess
    1 for0 against

Mutual fund votes, meeting of 19 Jan 2025, 1 fund house

  • To change the name of the company from Agro Tech Foods Limited (present name of the company) to Sundrop Brands Limited, as made available by the Registrar of Companies, Central Registration Centre, Ministry of Corporate Affairs.MoreLess
    1 for0 against

Mutual fund votes, meeting of 11 Dec 2024, 1 fund house

  • Appointment of Dr. Om Prakash Manchanda (DIN: 02099404) as Non- Executive Independent Director of the Company for a period of 5 (Five) years till November 14, 2029, and that he shall not be liable to retire by rotation.MoreLess
    1 for0 against
  • Appointment of Mr. Nitish Bajaj, (DIN: 10835891) as the Managing Director, designated as Group Managing Director of the Company, for a term of five consecutive years commencing from November 25, 2024 upto November 24, 2029, liable to retire by rotation and including remuneration.MoreLess
    1 for0 against
  • Change the Designation of Mr. Asheesh Kumar Sharma (DIN: 10602319) from Managing Director and CEO to Whole- time Director designated as Executive Director and CEO- Sundrop and Act-II business of the company w. e .f. November 25, 2024, for the remaining period till April 24, 2029.MoreLess
    1 for0 against
  • To adopt new set of Articles of Association of the Company.
    1 for0 against
  • To adopt new Set of Memorandum of Association of the Company as Per the Provision of Companies Act, 2013.
    1 for0 against
  • To give any loan to any person or body corporate, give any guarantee or provide security in connection with a loan to any other body corporate or person; and acquire by way of subscription, purchase or otherwise, the securities of any other body corporate, any sum or sums of moneys on such terms and conditions and with or without security as the Board of Directors may think fit from time to time which together with the loans, guarantee, security and investment given/provided/made by the Company, from time to time in one or more tranches, may exceed the aggregate permissible limit i.e. 60% of the paid-up capital of the Company and its free reserves and securities premium account or 100% of its free reserves and securities premium account, whichever is more, provided that the aggregate of such sum or sums of moneys shall not at any time exceed the aggregate limit of INR 2,500 crores.MoreLess
    1 for0 against
  • To increased and altered from the existing INR 35,00,00,000 divided into 2,50,00,000 equity shares of 10/- each and 10,00,000 preference shares of INR 100/- each to INR 50,00,00,000 divided into 5,00,00,000 equity shares of INR 10/- each by creating additional 1,50,00,000 equity shares of INR 10/- each and reclassification of 10,00,000 preference shares of INR 100/- each to equity shares, aggregating to 15,00,00,000, subject to requisite approvals from the members.MoreLess
    1 for0 against
  • To issue and allot, an aggregate of 1,33,27,589 equity shares (Equity Shares) of the Company, with each equity share having a face value of Rs. 10/- each and being fully paid- up, on a preferential allotment basis, based on an issue price of INR 975.5 per Equity Share, in compliance with all applicable laws, including the SEBI ICDR Regulations, in consideration for the acquisition by the Company of 100% of the issued and outstanding equity shares of Del Monte Foods Private Limited (the Target Company) from the following existing shareholders of the Target Company (Preferential Issue), i.e., the Preferential Issue is for consideration other than cash.MoreLess
    1 for0 against

Mutual fund votes, meeting of 30 Sep 2024, 1 fund house

  • Appointment of Mr. Harsha Raghavan (DIN: 01761512) as Non - Executive Director of the Company liable to retire by rotation.
    1 for0 against
  • Appointment of Mr. Manish Mehta (DIN: 06442038) as Non - Executive Director of the Company liable to retire by rotation.
    1 for0 against
  • Appointment of Mr. Rajesh Jain (DIN: 10619014) as Non - Executive Independent Director of the Company for a period of 3 (three) years till July 16, 2027, and that he shall not be liable to retire by rotation.MoreLess
    1 for0 against
  • Appointment of Mr. Satish Premanand Rao (DIN: 03265301) as Non - Executive Independent Director of the Company for a period of 3 (three) years till July 16, 2027, and that he shall not be liable to retire by rotation.MoreLess
    1 for0 against
  • Appointment of Ms. Richa Arora (DIN: 07144694) as Non - Executive Independent Director of the Company for a period of 3 (three) years till July 16, 2027, and that she shall not be liable to retire by rotation.MoreLess
    1 for0 against
  • Mr. James Patrick Kinnerk (DIN: 08773594), Non - Executive Director, who retires by rotation at the 37th Annual General Meeting, does not offer himself for re-appointment, be not re-appointed as a Director of the Company and the vacancy so caused on the Board of the company be not filled-up.MoreLess
    1 for0 against
  • Ratification of remuneration of Rs. 1,80,000/- (excluding taxes) and out of pocket expenses payable to M/ s. Vajralingam and Co., Cost Accountants, the Cost Auditors appointed by the Board of Directors of the Company to conduct the audit of the cost records of the Company for the Financial year 2024 - 25.MoreLess
    1 for0 against
  • To appoint M/s BSR and Co, Chartered Accountants (ICAI Firm Regn. No. 128510W) as the Statutory Auditors of the Company, to hold office from the conclusion of this 37th Annual General Meeting until the conclusion of the 42nd Annual General Meeting of the Company, in place of M/s Deloitte Haskins and Sells LLP., (Firm's Registration No. 117366W/ W-100018) whose term of appointment of 5 years will complete at the conclusion of ensuing 37th Annual General Meeting and to authorize the Board of Directors to fix the remuneration.MoreLess
    1 for0 against
  • To declare a dividend for the Financial Year ended March 31, 2024.
    1 for0 against
  • To receive, consider and adopt the Audited Financial Statements for the Financial Year Ended March 31, 2024, the Consolidated Financial Statements for the said Financial Year and the Report of the Directors and Auditors thereon.MoreLess
    1 for0 against

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

Fines and tax disputes

Reported in the filing for the quarter to Sep 2026.

  • Fine or penaltyFood Safety Appellate Tribunal (FSAT), JaipurSince 10 Sep 2026

    On January 16, Food safety Officer (FSO), Jaipur has picked up a sample of Sundrop Oil and sent it for analysis. The Food Analysis after testing the product declared it as 'misbranded', since the product is having a line 'Healty Oil for Healty People'. Subsequently, the FSO has filed a complaint before the 'Adjudicating Officer and Additional District Magistrate, Jaipur'. In January 2023, the Adjudicating Officer and Additional District Magistrate had decided the complaint and imposed a penalty of INR 50,000 on the Comapny. Subsequently, the Company had filed an appeal against the said order before Food Safety Appellate Tribunal (FSAT), Jaipur. In September 2026, FSAT, Jaipur has dismissed the appeal filed by the Company through its order dated 03.09.2026.

    Regulation 2.2.1(3)/2.3.1.5 of FSS (Packaging and Labelling) Regulation, 2011
  • Tax disputeAdditional Commissioner, Secunderabad Commisionerate, Basheerbagh, HyderabadSince 29 Apr 2024
    The Company had filed appeal before GSTAT on 17.06.2026. The appeal application was successfully registered on 09.07.2026 and is pending for listing hearing.
    At the filing before: As per the previous disclosure, an Order was issued for FY 2018-19 based on the scrutiny of GST returns, disallowing the ITC as it was excessively claimed. GST amount of INR.1.05 crores; Penalty INR. 10.70 lakhs. Company filed Appeal before Commissioner (Appeals). Personal hearing was held on 09.12.2024 and the Order in Original was received with revised demand of INR. 8,49,866/-.The Company had filed appeal before GSTAT on 17.06.2026. During the current quarter, the appeal application was successfully registered on 09.07.2026 and is pending for listing hearing.MoreLess
  • Tax disputeCommissioner, Hyderabad III Commissionerate, Basheerbagh, HyderabadSince 24 Jun 2013
    The Company had filed an appeal before GSTAT on 25.06.2026. GSTAT issued deficiency memo on 30.09.2026 and the Company is in the process of filing reply to deficiency.
    At the filing before: As per previous disclosure, an Order was issued on the grounds that the Company availed the cenvat credit on the excise duty paid at the time of import on Peanut Butter. The Excise authorities conetested that Peanut Butter is exempt and ACD and SAD has been paid and cenvat credit taken. Excise duty INR.1.40 crores; Penalty INR.1.40 crores. The Company filed Appeal before CESTAT on 30.09.2013. CESTAT had set aside the major demand of INR 2,71,96,416/-. The Tribunal has, however, upheld the demand relating to CENVAT on goods written off amounting to INR 9,02,314/- with interest. The Company had filed an appeal before GSTAT on 25.06.2026. During the current quarter, GSTAT issued deficiency memo on 30.09.2026 and the Company is in the process of filing reply to deficiency.MoreLess
  • Tax disputeDeputy Commissioner (SGST), Sector-7, Ghaziabad I, Uttar PradeshSince 29 Sep 2026
    The Company is in the process of replying to this SCN, demands and the allegations contained therein on the grounds that the stated authority has not considered the GST liability already discharged by the Company on deemed supplies, export under Letter of Undertaking (LUT) and Reverse Charge Mechanism for the contended Financial Year 2022-23.MoreLess
    At the filing before: The Company received a Show Cause Notice (SCN) dated September 29, 2026, based on the scrutiny of GST returns for the FY 2022-23, issued by the Deputy Commissioner (SGST), Sector-7, Ghaziabad I, Uttar Pradesh, under Section 73 of the UPGST/ CGST Act, 2017, the State Tax, Uttar Pradesh Goods and Services Tax, Ghaziabad Zone-1. The stated SCN has raised a GST demand of INR 26,37,65,281.41/- inclusive a penalty of INR 2,39,78,661.93/-.MoreLess

In the company's own words, from its latest governance filing.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

None open at any quarter's end.
The board is made up as the listing rules require
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
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.