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Supriya Lifescience MD, chairman, board of directors and AGM

NSE: SUPRIYABSE: 543434Pharmaceuticals & BiotechnologySmall Cap

Last close ₹818.55down ₹17.70 (2.12%)BSE ₹818.90

Share price at the NSE close on 23 Oct 2026. Previous close ₹836.25.

52-week range of traded prices to 23 Oct 2026
₹545.50Low, 24 Mar 2026₹1,085.00High, 1 Jun 2026
Market cap
₹6,588 Cr733rd largest listed
P/E
33.2
P/B
5.5
Dividend yield
0.12%
ROE
18.1%
ROCE
21.6%
Debt to equity
0.00
Volume, NSE
1,62,92342.0% delivered

Supriya Lifescience 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

  • ChairpersonSatish Waman Wagh
  • Managing directorSaloni Satish Wagh
  • Managing directorShivani Satish Wagh
  • Company Secretary and Compliance OfficerPrachi Suhas Sathe

10 directors5 independent5 executive

  • Satish Waman Wagh · ChairpersonExecutive · joined Mar 2008 · reappointed Aug 2024 · 1 listed board · 2 committee seats
  • Smita Satish WaghExecutive · joined Mar 2008 · reappointed Jun 2025 · 1 listed board
  • Saloni Satish Wagh · Managing directorExecutive · joined Jul 2019 · reappointed Aug 2024 · 1 listed board · 1 committee seat
  • Shivani Satish Wagh · Managing directorExecutive · joined Jul 2019 · reappointed Aug 2024 · 1 listed board
  • Balasaheb Gulabrao SawantExecutive · joined May 2023 · reappointed May 2026 · 1 listed board
  • Neelam Yashpal AroraIndependent · joined Mar 2021 · reappointed Mar 2026 · 63 months as independent · 3 listed boards · 3 as independent · 2 committee seats, 2 as chair
  • Ganapati Dadasaheb YadavIndependent · joined Jan 2025 · reappointed Jan 2025 · 17 months as independent · 5 listed boards · 5 as independent · 3 committee seats
  • Sunil Subhash BhagwatIndependent · joined Jan 2025 · reappointed Jan 2025 · 17 months as independent · 1 listed board · 1 as independent
  • Manish Ishwarlal PanchalIndependent · joined Feb 2026 · reappointed Feb 2026 · 4 months as independent · 2 listed boards · 2 as independent · 7 committee seats, 1 as chair
  • Kothandaraman HariIndependent · joined Feb 2026 · reappointed Feb 2026 · 4 months as independent · 2 listed boards · 2 as independent · 2 committee seats, 1 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.

4 directors who left
  • Dileep Kumar Jain, left 24 Mar 2026: Tenure Completion
  • Dinesh Navnitlal Modi, left 24 Mar 2026: Tenure Completion
  • Kedar Shanker Karmarkar, left 1 Feb 2025: Tenure Completion
  • Bhairav Manojbhai Chokshi, left 1 Feb 2025: Tenure Completion

Committees and meetings

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

  • Board

    • 27 May 202610 of 10 present5 independent · 106 days in between
    • 9 Feb 202611 of 12 present7 independent

  • Audit Committee

    Chair Kothandaraman Hari

    Ganapati Dadasaheb Yadav, Satish Waman Wagh, Manish Ishwarlal Panchal

    • 27 May 20264 of 4 present3 independent · 106 days in between
    • 9 Feb 20263 of 3 present2 independent

  • Nomination and remuneration committee

    Chair Kothandaraman Hari

    Sunil Subhash Bhagwat, Manish Ishwarlal Panchal

    • 27 May 20263 of 3 present3 independent · 106 days in between
    • 9 Feb 20263 of 3 present3 independent

  • Stakeholders Relationship Committee

    Chair Manish Ishwarlal Panchal

    Satish Waman Wagh, Saloni Satish Wagh

    • 27 May 20263 of 3 present1 independent · 106 days in between
    • 9 Feb 20263 of 3 present1 independent

  • Risk Management Committee

    Chair Satish Waman Wagh

    Saloni Satish Wagh, Ganapati Dadasaheb Yadav

    No meeting listed in the filing.

  • Corporate Social Responsibility Committee

    Chair Satish Waman Wagh

    Saloni Satish Wagh, Sunil Subhash Bhagwat

    • 27 May 20263 of 3 present1 independent · 286 days in between
    • 13 Aug 20252 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.

  • Kakaria & Associates LLPPeer-review certificate valid to Mar 2027

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

Supriya Lifescience 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.Supriya Lifescience dividend history

Annual general meeting, 24 Sep 2026

80,126 shareholders on the register on 4 Sep 2026; present: 6 promoters and 51 others; votes counted by CS Sanam Umbargikar / DSM & Associates.The company's voting result (opens in a new tab)

  1. To receive, consider, approve and adopt the Audited Financial Statements of the Company for the Financial Year ended March 31, 2026, and 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 2.12%

    Turnout: all 72.49% · promoters 100.00% · institutions 34.64% · other public 0.45%

  2. To declare a Final Dividend of Re. 1.00/- (50%) per Equity Shares of Rs.2/- for the Financial Year ended March 31, 2026.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.17%

    Turnout: all 72.49% · promoters 100.00% · institutions 34.64% · other public 0.45%

  3. To appoint a Director in place of Dr. Saloni Satish Wagh (DIN: 08491410) who retires by rotation in terms of Section 152 (6) of the Companies Act, 2013, and being eligible, offers herself for re-appointment.MoreLess
    Ordinary
    99.76% for0.24% against

    Against: promoters 0.00% · institutions 4.13% · other public 2.55%

    Turnout: all 72.24% · promoters 99.63% · institutions 34.64% · other public 0.45%

  4. To ratify the remuneration of Cost Auditors for FY 2025-26
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.03%

    Turnout: all 72.49% · promoters 100.00% · institutions 34.64% · other public 0.45%

  5. To appoint a Director in place of Ms. Shivani Satish Wagh (DIN:08491420) who retires by rotation in terms of Section 152 (6) of the Companies Act, 2013, and being eligible, offers herself for re-appointment.MoreLess
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.13% · other public 2.40%

    Turnout: all 68.79% · promoters 99.63% · institutions 5.62% · other public 0.43%

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 Aug 2026, 1 resolution

79,554 shareholders on the register on 17 Jul 2026; votes counted by CS Sanam Umbargikar / DSM & Associates.The company's voting result (opens in a new tab)

  1. Re-appointment of Mr. Balasaheb Sawant (DIN: 07743507) as Whole Time Director and Key Managerial Personnel of the Company for a term of three (3) consecutive years from May 26, 2026, to May 25, 2029
    Special
    99.69% for0.31% against

    Against: promoters 0.00% · institutions 5.62% · other public 1.84%

    Turnout: all 72.41% · promoters 100.00% · institutions 33.72% · other public 0.91%

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, 10 Apr 2026, 3 resolutions

83,037 shareholders on the register on 27 Feb 2026; votes counted by CS Sanam Umbargikar / DSM & Associates.The company's voting result (opens in a new tab)

  1. Appointment of Mr. Manish Panchal (DIN: 08431492) as Non-Executive Independent Director of the Company for a term of five (5) consecutive years from February 09, 2026, to February 08, 2031.
    Special
    99.86% for0.14% against

    Against: promoters 0.00% · institutions 2.52% · other public 0.17%

    Turnout: all 72.47% · promoters 100.00% · institutions 38.57% · other public 0.34%

  2. Appointment of Mr. Kothandaraman Hari (DIN: 08901674) as Non-Executive Independent Director of the Company for a term of five (5) consecutive years from February 09, 2026, to February 08, 2031.
    Special
    99.86% for0.14% against

    Against: promoters 0.00% · institutions 2.52% · other public 0.27%

    Turnout: all 72.47% · promoters 100.00% · institutions 38.57% · other public 0.34%

  3. Re-appointment of Dr. Neelam Arora (DIN: 01603068) as Non-Executive Independent Director of the Company for second term of five (5) consecutive years from March 25, 2026, to March 24, 2031.
    Special
    99.86% for0.14% against

    Against: promoters 0.00% · institutions 2.52% · other public 0.80%

    Turnout: all 72.47% · promoters 100.00% · institutions 38.57% · other public 0.34%

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, 24 Sep 2025, 5 resolutions

91,607 shareholders on the register on 12 Sep 2025; present: 6 promoters and 43 others; votes counted by CS Sanam Umbargikar / DSM & Associates.The company's voting result (opens in a new tab)

  1. To receive, consider, approve and adopt the Audited Financial Statements of the Company for the Financial Year ended March 31, 2025 and 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 0.27%

    Turnout: all 73.29% · promoters 100.00% · institutions 44.44% · other public 0.73%

  2. To declare a Final Dividend of Re. 1.00/- (50%) per Equity Shares of Rs.2/- for the Financial Year ended March 31, 2025
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 73.29% · promoters 100.00% · institutions 44.44% · other public 0.73%

  3. To appoint a Director in place of Mr. Balasaheb Sawant (DIN: 07743507) who retires by rotation in terms of Section 152 (6) of the Companies Act, 2013, and being eligible, offers himself for re-appointmentMoreLess
    Ordinary
    98.37% for1.63% against

    Against: promoters 0.00% · institutions 25.40% · other public 0.38%

    Turnout: all 73.15% · promoters 100.00% · institutions 43.22% · other public 0.73%

  4. To ratify the remuneration of Cost Auditors for FY 2025-26
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.29%

    Turnout: all 73.29% · promoters 100.00% · institutions 44.44% · other public 0.73%

  5. To appoint M/s DSM & Associates as Secretarial Auditors for a term of 5 consecutive years effective from FY 2025-26 to FY 2029-30
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.41%

    Turnout: all 73.29% · promoters 100.00% · institutions 44.44% · other public 0.73%

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, 23 Apr 2025, 2 resolutions

93,354 shareholders on the register on 21 Mar 2025; votes counted by CS Sanam Umbargikar / DSM & Associates.The company's voting result (opens in a new tab)

  1. Appointment of Dr. Ganapati Dadasaheb Yadav (DIN: 02235661) as Non Executive Independent Director of the Company
    Special
    99.46% for0.54% against

    Against: promoters 0.00% · institutions 6.61% · other public 1.13%

    Turnout: all 74.42% · promoters 100.00% · institutions 53.30% · other public 0.40%

  2. 2 - Appointment of Dr. Sunil Subhash Bhagwat (DIN: 10178976) as Non Executive Independent Director of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.00%

    Turnout: all 74.42% · promoters 100.00% · institutions 53.30% · 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, 27 Sep 2024, 6 resolutions

Present: 5 promoters and 43 others.The company's voting result (opens in a new tab)

  1. To receive, consider, approve and adopt the Audited Financial Statements of the Company for the financial year ended March 31, 2024 and 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 0.31%

    Turnout: all 75.94% · promoters 99.41% · institutions 69.62% · other public 0.65%

  2. To declare a Final Dividend on Equity Shares for the Financial Year ended March 31, 2024
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 75.95% · promoters 99.41% · institutions 69.70% · other public 0.63%

  3. To appoint a Director in place of Mrs. Smita Satish Wagh (DIN: 00833912) who retires by rotation and, being eligible, offers herself for re-appointment.
    Ordinary
    99.94% for0.06% against

    Against: promoters 0.00% · institutions 0.53% · other public 0.94%

    Turnout: all 75.95% · promoters 99.41% · institutions 69.70% · other public 0.65%

  4. To ratify the remuneration of Cost Auditors for the FY 2024-25
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 75.95% · promoters 99.41% · institutions 69.70% · other public 0.65%

  5. To reappoint Mrs. Smita Satish Wagh (DIN: 00833912) as Whole Time Director & Key Managerial Personnel of the Company
    Special
    99.71% for0.29% against

    Against: promoters 0.00% · institutions 2.80% · other public 1.13%

    Turnout: all 75.95% · promoters 99.41% · institutions 69.70% · other public 0.65%

  6. To approve continuation of directorship of Mr. Dinesh Navnitlal Modi (DIN: 00004556) as a Non-Executive Independent Director beyond the age of 75 Years.
    Special
    99.61% for0.39% against

    Against: promoters 0.00% · institutions 3.66% · other public 5.77%

    Turnout: all 75.95% · promoters 99.41% · institutions 69.70% · other public 0.65%

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, 28 Jul 2024, 3 resolutions

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

  1. Change in designation and appointment of Dr. Satish Waman Wagh (DIN: 01456982) as Whole Time Director and Key Managerial Personnel designated as Executive Chairman of the Company.
    Special
    96.45% for3.55% against

    Against: promoters 0.00% · institutions 43.02% · other public 4.22%

    Turnout: all 74.63% · promoters 100.00% · institutions 59.21% · other public 0.88%

  2. Change in designation and appointment of Dr. Saloni Satish Wagh (DIN: 08491410) as a Managing Director and Key Managerial Personnel of the Company.
    Special
    96.52% for3.48% against

    Against: promoters 0.00% · institutions 42.10% · other public 4.45%

    Turnout: all 74.63% · promoters 100.00% · institutions 59.21% · other public 0.87%

  3. Change in designation and appointment of Ms. Shivani Satish Wagh (DIN: 08491420) as a Joint Managing Director and Key Managerial Personnel of the Company.
    Special
    96.52% for3.48% against

    Against: promoters 0.00% · institutions 42.10% · other public 5.39%

    Turnout: all 74.63% · promoters 100.00% · institutions 59.21% · other public 0.88%

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, 4 resolutions

Present: 5 promoters and 40 others.The company's voting result (opens in a new tab)

  1. To receive, consider, approve and adopt the Audited Financial Statements of the Company for the financial year ended March 31, 2023 and 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 2.24%

    Turnout: all 73.54% · promoters 99.73% · institutions 42.77% · other public 0.33%

  2. To declare a Final Dividend on Equity Shares for the Financial Year ended March 31, 2023.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.22%

    Turnout: all 73.54% · promoters 99.73% · institutions 42.77% · other public 0.33%

  3. To appoint a Director in place of Ms. Shivani Satish Wagh (DIN: 08491420) who retires by rotation and, being eligible, offers herself for re-appointment.
    OrdinaryPromoters have an interest in it
    95.57% for4.43% against

    Against: promoters 0.00% · institutions 4.45% · other public 2.71%

    Turnout: all 5.42% · promoters 0.00% · institutions 42.77% · other public 0.33%

  4. To ratify the remuneration of Cost Auditors for the FY 2023-24
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.87%

    Turnout: all 73.49% · promoters 99.73% · institutions 42.41% · other public 0.33%

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.

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 Sep 2026, 3 fund houses so far (houses' deadline to file 15 Oct 2026)

  • To receive, consider, approve and adopt the Audited Financial Statements of the Company for the Financial Year ended March 31, 2026, and the reports of the Board of Directors and Auditors’ thereon
    3 for0 against
  • To declare a Final Dividend of Re. 1.00/- (50%) per Equity Shares of Rs.2/- for the Financial Year ended March 31, 2026.
    3 for0 against
  • To appoint a Director in place of Dr. Saloni Satish Wagh (DIN: 08491410) who retires by rotation in terms of Section 152 (6) of the Companies Act, 2013, and being eligible, offers herself for re-appointment.MoreLess
    Against Angel One Mutual Fund
    • Angel One Mutual FundGovernance and Transparency Concern: The Company’s remuneration practice is significantly skewed in favour of promoter Executive Directors including proposed Executive Directors, and no adequate rationale / justification has been provided for such disproportionate remuneration practice.
    2 for1 against
  • To ratify the remuneration of Cost Auditors for FY 2025-26
    3 for0 against

Mutual fund votes, meeting of 21 Aug 2026, 3 fund houses so far (houses' deadline to file 15 Oct 2026)

  • Re-appointment of Mr. Balasaheb Sawant (DIN: 07743507) as Whole Time Director and Key Managerial Personnel of the Company for a term of three (3) consecutive years from May 26, 2026, to May 25, 2029
    Against Angel One Mutual Fund, Quantum Mutual Fund
    • Angel One Mutual FundCompliance & Transparency concern: The Company has not disclosed the remuneration drawn by the director during FY 2025-26 in the explanatory Statement forming part of the Notice. Hence, the proposed resolution is non-compliant under the Secretarial Standard on General Meetings (SS- 2). Further, the Board passed Circular resolution to re-appoint the proposed director as Whole Time Director and KMP, which also includes payment of revised remuneration. Since approval for appointment and remuneration of Whole Time Director shall be placed before the Board at its Meeting, and not passed through Circulation, the said Board’s approval is non-compliant with the Companies Act, 2013 and Secretarial Standard on Meetings of the Board of Directors (SS-1).
    • Quantum Mutual FundWe do not have any concern on the profile and time commitments of Mr. Balasaheb Gulabrao Sawant. The proposed remuneration of Rs. 10.3 mn looks reasonable compared to the size and operations of the company. However, his overall attendance on a 3 Yrs average is 70% which is less than our internal threshold. Therefore, we do not favour the reappointment.
    1 for2 against
6 earlier meetings

Mutual fund votes, meeting of 10 Apr 2026, 9 fund houses

  • Appointment of Mr. Manish Panchal (DIN: 08431492) as Non-Executive Independent Director of the Company for a term of five (5) consecutive years from February 09, 2026, to February 08, 2031.
    Against Angel One Mutual Fund, Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
    • Angel One Mutual FundCompliance and Transparency concern: The Company has not disclosed certain material details as required under Regulation 36(3) of the SEBI (LODR) Regulations, 2015 and Secretarial Standard–2 (SS-2) read with the Companies Act, 2013.
    • Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundNo concerns identified on the merits, profile and time commitment of the proposed appointee. Compliance and Transparency concern: The Company has not disclosed certain material details as required under Regulation 36(3) of the SEBI (LODR) Regulations, 2015 and Secretarial Standard–2 (SS-2) read with the Companies Act, 2013.
    5 for4 against
  • Appointment of Mr. Kothandaraman Hari (DIN: 08901674) as Non-Executive Independent Director of the Company for a term of five (5) consecutive years from February 09, 2026, to February 08, 2031.
    Against Angel One Mutual Fund, Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
    • Angel One Mutual FundCompliance and Transparency concern: The Company has not disclosed certain material details as required under Regulation 36(3) of the SEBI (LODR) Regulations, 2015 and Secretarial Standard–2 (SS-2) read with the Companies Act, 2013.
    • Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundNo concerns identified on the merits, profile and time commitment of the proposed appointee. Compliance and Transparency concern: The Company has not disclosed certain material details as required under Regulation 36(3) of the SEBI (LODR) Regulations, 2015 and Secretarial Standard–2 (SS-2) read with the Companies Act, 2013.
    5 for4 against
  • Re-appointment of Dr. Neelam Arora (DIN: 01603068) as Non-Executive Independent Director of the Company for second term of five (5) consecutive years from March 25, 2026, to March 24, 2031.
    Against Angel One Mutual Fund, Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
    • Angel One Mutual FundPrior approval of shareholders not obtained for re-appointment as an Independent Director. Compliance and Transparency concern: The Company has not disclosed certain material details as required under Regulation 36(3) of the SEBI (LODR) Regulations, 2015 and Secretarial Standard–2 (SS-2) read with the Companies Act, 2013.
    • Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundNo concern on the merit of proposed appointee. Non-Compliance: Prior approval of shareholders not obtained for re-appointment as an ID. Compliance and Transparency concern: The Company has not disclosed certain material details as required under Regulation 36(3) of the SEBI (LODR) Regulations, 2015 and Secretarial Standard–2 (SS-2) read with the Companies Act, 2013.
    5 for4 against

Mutual fund votes, meeting of 24 Sep 2025, 9 fund houses

  • To receive, consider, approve and adopt the Audited Financial Statements of the Company for the Financial Year ended March 31, 2025 and the reports of the Board of Directors and Auditors’ thereon.
    9 for0 against
  • To declare a Final Dividend of Re. 1.00/- (50%) per Equity Shares of Rs.2/- for the Financial Year ended March 31, 2025
    9 for0 against
  • To appoint a Director in place of Mr. Balasaheb Sawant (DIN: 07743507) who retires by rotation in terms of Section 152 (6) of the Companies Act, 2013, and being eligible, offers himself for re-appointmentMoreLess
    Against Mirae Asset Mutual Fund, WhiteOak Capital Mutual Fund
    • Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
    • WhiteOak Capital Mutual FundBalasaheb Sawant, 61, has over 29 years of experience in API production planning, material management, and process enhancement. He attended three out of five (60%) board meetings held in FY25. His attendance in FY23 and FY24 was also low, at 60% and 67% respectively. Given his low board meeting attendance, we are unable to support his reappointment to the board. We do not support the resolution.
    7 for2 against
  • To ratify the remuneration of Cost Auditors for FY 2025-26
    9 for0 against
  • To appoint M/s DSM & Associates as Secretarial Auditors for a term of 5 consecutive years effective from FY 2025-26 to FY 2029-30
    9 for0 against

Mutual fund votes, meeting of 23 Apr 2025, 8 fund houses

  • Appointment of Dr. Ganapati Dadasaheb Yadav (DIN: 02235661) as Non Executive Independent Director of the Company
    8 for0 against
  • 2 - Appointment of Dr. Sunil Subhash Bhagwat (DIN: 10178976) as Non Executive Independent Director of the Company
    8 for0 against

Mutual fund votes, meeting of 27 Sep 2024, 6 fund houses

  • To receive, consider, approve and adopt the Audited Financial Statements of the Company for the financial year ended March 31, 2024 and the reports of the Board of Directors and Auditors thereon.
    6 for0 against
  • To declare a Final Dividend on Equity Shares for the Financial Year ended March 31, 2024
    6 for0 against
  • To appoint a Director in place of Mrs. Smita Satish Wagh (DIN: 00833912) who retires by rotation and, being eligible, offers herself for re-appointment.
    6 for0 against
  • To ratify the remuneration of Cost Auditors for the FY 2024-25
    6 for0 against
  • To reappoint Mrs. Smita Satish Wagh (DIN: 00833912) as Whole Time Director & Key Managerial Personnel of the Company
    6 for0 against
  • To approve continuation of directorship of Mr. Dinesh Navnitlal Modi (DIN: 00004556) as a Non-Executive Independent Director beyond the age of 75 Years.
    Against Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
    • Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundProposal compliant with law. No concern on the merits of the Director. Governance Concern: Combined position of AC & NRC Chairperson. Director is NRC Chair and the remuneration is skewed in favor of a Promoter director.
    3 for3 against

Mutual fund votes, meeting of 28 Jul 2024, 4 fund houses

  • Change in designation and appointment of Dr. Satish Waman Wagh (DIN: 01456982) as Whole Time Director and Key Managerial Personnel designated as Executive Chairman of the Company.
    Against Groww Mutual Fund, Motilal Oswal Mutual Fund
    • Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with law. Governance concern: Excessive remuneration and Holding position of Executive Chairman.
    2 for2 against
  • Change in designation and appointment of Dr. Saloni Satish Wagh (DIN: 08491410) as a Managing Director and Key Managerial Personnel of the Company.
    4 for0 against
  • Change in designation and appointment of Ms. Shivani Satish Wagh (DIN: 08491420) as a Joint Managing Director and Key Managerial Personnel of the Company.
    4 for0 against

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

  • To receive, consider, approve and adopt the Audited Financial Statements of the Company for the financial year ended March 31, 2023 and the reports of the Board of Directors and Auditors thereon.
    2 for0 against
  • To declare a Final Dividend on Equity Shares for the Financial Year ended March 31, 2023.
    2 for0 against
  • To appoint a Director in place of Ms. Shivani Satish Wagh (DIN: 08491420) who retires by rotation and, being eligible, offers herself for re-appointment.
    2 for0 against
  • To ratify the remuneration of Cost Auditors for the FY 2023-24
    2 for0 against

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

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
No
There was a cyber security incident in the quarter
No

The company's own answers in its filing.