Surya Roshni logo

Surya Roshni MD, chairman, board of directors and AGM

NSE: SURYAROSNIBSE: 500336Industrial ProductsSmall Cap

Last close ₹195.56down ₹5.52 (2.75%)BSE ₹195.75

Share price at the NSE close on 23 Oct 2026. Previous close ₹201.08.

52-week range of traded prices to 23 Oct 2026
₹187.35Low, 30 Mar 2026₹314.50High, 11 Nov 2025
Market cap
₹4,256 Cr766th largest listed
P/E
13.7
P/B
1.6
Dividend yield
2.56%
ROE
12.2%
ROCE
14.7%
Debt to equity
0.02
Volume, NSE
4,30,84243.2% delivered

Surya Roshni 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

  • ChairpersonJAI PRAKASH AGARWALRelated to the promoter
  • Managing directorRAJU BISTA
  • Managing directorVINAY SURYA
  • Company Secretary and Compliance OfficerBharat Bhushan Singal

12 directors6 independent5 executive1 non-executive

  • JAI PRAKASH AGARWAL · ChairpersonExecutive · joined Sep 1975 · reappointed Jan 2022 · 1 listed board
  • RAJU BISTA · Managing directorExecutive · joined Jun 2009 · reappointed Aug 2023 · 1 listed board · 1 committee seat
  • VINAY SURYA · Managing directorExecutive · joined May 2018 · reappointed Oct 2021 · 1 listed board · 1 committee seat
  • URMIL AGARWALNon-executive · joined Dec 2016 · reappointed Sep 2023 · 1 listed board
  • SUNIL SIKKAIndependent · joined Sep 2018 · reappointed Sep 2023 · 96 months as independent · 2 listed boards · 2 as independent · 4 committee seats, 3 as chair
  • SURUCHI AGGARWALIndependent · joined Feb 2022 · reappointed Feb 2022 · 55 months as independent · 1 listed board · 1 as independent · 1 committee seat
  • KAUSTUBH N KARMARKARExecutive · joined Aug 2018 · reappointed Aug 2023 · 1 listed board
  • TEKAN GHANSHYAM KESWANIIndependent · joined Oct 2022 · reappointed Oct 2022 · 47 months as independent · 1 listed board · 1 as independent · 1 committee seat
  • NARESH AGARWALIndependent · joined Nov 2022 · reappointed Nov 2022 · 46 months as independent · 1 listed board · 1 as independent
  • RAVINDER KUMAR JAGGIIndependent · joined Sep 2024 · reappointed Sep 2024 · 24 months as independent · 1 listed board · 1 as independent
  • PUJA SURYAExecutive · joined Feb 2025 · reappointed Feb 2025 · 1 listed board
  • RAVI KANT GUPTAIndependent · joined Jul 2025 · reappointed Jul 2025 · 14 months as independent · 1 listed board · 1 as independent

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

    • 11 Aug 202612 of 12 present6 independent · 77 days in between
    • 25 May 202612 of 12 present6 independent

  • Audit Committee

    Chair SUNIL SIKKA

    VINAY SURYA, TEKAN GHANSHYAM KESWANI

    • 11 Aug 20263 of 3 present2 independent · 77 days in between
    • 25 May 20263 of 3 present2 independent

  • Nomination and remuneration committee

    Chair SURUCHI AGGARWAL

    URMIL AGARWAL, TEKAN GHANSHYAM KESWANI

    • 7 Aug 20263 of 3 present2 independent

  • Stakeholders Relationship Committee

    Chair SUNIL SIKKA

    RAJU BISTA, SURUCHI AGGARWAL

    No meeting listed in the filing.

  • Risk Management Committee

    Chair SUNIL SIKKA

    KAUSTUBH N KARMARKAR, VINAY SURYA

    No meeting listed in the filing.

  • Corporate Social Responsibility Committee

    Chair SURUCHI AGGARWAL

    JAI PRAKASH AGARWAL, RAJU BISTA, KAUSTUBH N KARMARKAR

    No meeting listed in the filing.

  • Committee of Directors

    Chair SUNIL SIKKA

    RAJU BISTA, VINAY SURYA

    • 19 Sep 20263 of 3 present1 independent · 9 days in between
    • 9 Sep 20263 of 3 present1 independent · 68 days in between
    • 2 Jul 20262 of 3 present1 independent · 35 days in between
    • 27 May 20263 of 3 present1 independent

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

Statutory auditor

Named in the results for the quarter to Jun 2026.

  • ASHOK KUMAR GOYAL & COPeer-review certificate valid to Feb 2028

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.

Surya Roshni 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.Surya Roshni dividend history

Annual general meeting, 15 Sep 2026

72,291 shareholders on the register on 8 Sep 2026; present: 11 promoters and 145 others; votes counted by NITESH LATWAL / PI & ASSOCIATES.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the audited standalone financial statement of the Company for the financial year ended 31st March, 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 0.01%

    Turnout: all 67.78% · promoters 95.37% · institutions 51.52% · other public 15.42%

  2. To consider and adopt the audited consolidated financial statement of the Company for the financial year ended 31st March, 2026 and the report of Auditors thereon
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 67.78% · promoters 95.37% · institutions 51.52% · other public 15.42%

  3. To declare final dividend of Rs. 2.50/- per equity share for the financial year ended 31st March, 2026
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 67.81% · promoters 95.37% · institutions 51.95% · other public 15.43%

  4. To appoint Mr. Kaustubh Narsinh Karmarkar (DIN – 00288642) who retires by rotation as a Director and, being eligible, offers himself for re-appointment in compliance to the provision of the Companies Act, 2013MoreLess
    Ordinary
    97.04% for2.96% against

    Against: promoters 0.00% · institutions 70.54% · other public 0.06%

    Turnout: all 67.81% · promoters 95.37% · institutions 51.95% · other public 15.43%

  5. Approval for creation of mortgage(s), charge(s), hypothecation(s) and/or other security interest(s) on the asset of the Company in connection with working capital facilities pursuant to Section 180(1)(a) of the Companies Act, 2013MoreLess
    Special
    100.00% for0.00% against

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

    Turnout: all 67.80% · promoters 95.37% · institutions 51.95% · other public 15.42%

  6. To Ratify the Remuneration payable to Cost Auditors M/s R J Goel & Co. for the financial year ended 31st March, 2027
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 67.81% · promoters 95.37% · institutions 51.95% · other public 15.43%

  7. Re-appointment of Mr. Jai Prakash Agarwal (DIN – 00041119), as Whole-time Director designated as Executive Chairman of the Company, not liable to retire by rotation, to hold office for a period of 5 (five) consecutive years w.e.f. 1st January, 2027 till 31st December, 2031 (both days inclusive)MoreLess
    SpecialPromoters have an interest in it
    95.96% for4.04% against

    Against: promoters 0.00% · institutions 96.20% · other public 0.06%

    Turnout: all 67.81% · promoters 95.37% · institutions 51.95% · other public 15.43%

  8. Re-appointment of Mr. Vinay Surya (DIN – 00515803), as Managing Director of the Company, liable to retire by rotation, to hold office for a period of 5 (five) consecutive years w.e.f. 26th October, 2026 till 25th October, 2031 (both days inclusive)MoreLess
    SpecialPromoters have an interest in it
    96.84% for3.16% against

    Against: promoters 0.00% · institutions 75.39% · other public 0.06%

    Turnout: all 67.81% · promoters 95.37% · institutions 51.95% · other public 15.43%

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.

Annual general meeting, 18 Sep 2025, 8 resolutions

64,827 shareholders on the register on 11 Sep 2025; present: 13 promoters and 147 others; votes counted by Nitesh Latwal / M/s PI & Associates.The company's voting result (opens in a new tab)

  1. To consider and adopt the audited standalone financial statement of the Company for the financial year ended 31st March 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 0.00%

    Turnout: all 67.10% · promoters 93.66% · institutions 65.07% · other public 13.83%

  2. To consider and adopt the audited consolidated financial statement of the Company for the financial year ended 31st March 2025 and the report of Auditors thereon.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 67.10% · promoters 93.66% · institutions 65.07% · other public 13.83%

  3. To declare final dividend of Rs 3.00/- per equity share for the financial year ended 31st March, 2025.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 67.17% · promoters 93.66% · institutions 66.16% · other public 13.83%

  4. To appoint Mr. Vinay Surya (Director Identification No. – (00515803) who retires by rotation as a Director and, being eligible, offers himself for re-appointment
    OrdinaryPromoters have an interest in it
    95.05% for4.95% against

    Against: promoters 0.00% · institutions 75.71% · other public 0.00%

    Turnout: all 67.17% · promoters 93.66% · institutions 66.16% · other public 13.83%

  5. Approval under section 180(1)(a) of the Companies Act, 2013
    Special
    100.00% for0.00% against

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

    Turnout: all 67.17% · promoters 93.66% · institutions 66.16% · other public 13.83%

  6. Appointment of M/s Anjali Yadav & Associates, Company Secretary as Secretarial Auditor of the Company
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 67.17% · promoters 93.66% · institutions 66.16% · other public 13.83%

  7. Ratification of the remuneration of the Cost Auditor (M/s R J Goel & Co.) 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 67.17% · promoters 93.66% · institutions 66.16% · other public 13.83%

  8. To approve the appointment of Mr. Ravi Kant Gupta (DIN: 03111902), as an Independent Director
    Special
    100.00% for0.00% against

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

    Turnout: all 67.17% · promoters 93.66% · institutions 66.16% · other public 13.83%

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 Mar 2025, 2 resolutions

67,207 shareholders on the register on 14 Feb 2025; votes counted by ANKIT SINGHI / PI & Associates.The company's voting result (opens in a new tab)

  1. Appointment of Mrs. Puja Surya (DIN-00515718) as a Director of the Company
    SpecialPromoters have an interest in it
    96.61% for3.39% against

    Against: promoters 0.00% · institutions 61.40% · other public 0.07%

    Turnout: all 69.97% · promoters 99.04% · institutions 67.54% · other public 13.33%

  2. To appoint Mrs. Puja Surya (DIN-00515718) as Whole-time Director of the Company for a period of five years
    SpecialPromoters have an interest in it
    96.05% for3.95% against

    Against: promoters 0.00% · institutions 71.65% · other public 0.07%

    Turnout: all 69.97% · promoters 99.04% · institutions 67.54% · other public 13.33%

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, 20 Dec 2024, 1 resolution

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

  1. Approval for issue of Bonus Shares to the Shareholders of the Company
    Ordinary
    98.63% for1.37% against

    Against: promoters 0.00% · institutions 19.36% · other public 0.02%

    Turnout: all 67.60% · promoters 92.92% · institutions 77.05% · other public 13.95%

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, 22 Oct 2024, 1 resolution

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

  1. TO APPROVE THE APPOINTMENT OF MR. RAVINDER KUMAR JAGGI (DIN-10755055) AS AN INDEPENDENT DIRECTOR OF THE COMPANY FOR A PERIOD OF FIVE YEARS W.E.F 4TH SEPTEMBER, 2024
    Special
    95.93% for4.07% against

    Against: promoters 0.00% · institutions 61.84% · other public 0.10%

    Turnout: all 67.19% · promoters 92.92% · institutions 75.62% · other public 13.69%

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, 4 Sep 2024, 5 resolutions

Present: 14 promoters and 117 others.The company's voting result (opens in a new tab)

  1. To consider and adopt the audited standalone financial statement of the Company for the financial year ended 31st March, 2024 and the reports of the Board of Directors and Auditors thereon and the audited consolidated financial statement of the Company for the financial year ended 31st March, 2024 and the report of Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 66.31% · promoters 92.23% · institutions 71.29% · other public 13.51%

  2. To declare final dividend of Rs.2.50/- per equity share for the financial year ended 31st March, 2024.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 66.58% · promoters 92.23% · institutions 75.95% · other public 13.51%

  3. To appoint Mr. Raju Bista (Director Identification No. – 01299297) who retires by rotation as a Director and, being eligible, offers himself for re-appointment.
    Ordinary
    99.79% for0.21% against

    Against: promoters 0.00% · institutions 3.14% · other public 0.08%

    Turnout: all 66.58% · promoters 92.23% · institutions 75.95% · other public 13.51%

  4. Consent for Mortgage of Properties for Working Capital limit u/s 180(1)(a) of the Companies Act, 2013
    Special
    100.00% for0.00% against

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

    Turnout: all 66.58% · promoters 92.23% · institutions 75.95% · other public 13.51%

  5. To ratify the remuneration payable to the Cost Auditor of the Company
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 66.58% · promoters 92.23% · institutions 75.95% · other public 13.51%

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, 26 Dec 2023, 3 resolutions

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

  1. To consider and approve an increase in remuneration payable to Mr. Jai Prakash Agarwal, Executive Chairman
    SpecialPromoters have an interest in it
    94.86% for5.14% against

    Against: promoters 0.00% · institutions 85.40% · other public 0.21%

    Turnout: all 69.19% · promoters 95.36% · institutions 74.87% · other public 15.86%

  2. To consider and approve an increase in remuneration payable to Mr. Raju Bista, Managing Director
    Ordinary
    94.91% for5.09% against

    Against: promoters 0.00% · institutions 84.51% · other public 0.21%

    Turnout: all 69.19% · promoters 95.36% · institutions 74.87% · other public 15.85%

  3. To consider and approve an increase in remuneration payable to Mr. Vinay Surya, Managing Director
    SpecialPromoters have an interest in it
    94.86% for5.14% against

    Against: promoters 0.00% · institutions 85.40% · other public 0.21%

    Turnout: all 69.19% · promoters 95.36% · institutions 74.87% · other public 15.85%

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, 15 Sep 2023, 10 resolutions

Present: 16 promoters and 108 others.The company's voting result (opens in a new tab)

  1. To consider and adopt the audited standalone and consolidated financial statement of the Company for the financial year ended 31st March, 2023 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 68.38% · promoters 95.36% · institutions 58.90% · other public 15.89%

  2. To declare final dividend of Rs. 4.00 per equity share for the financial year ended 31st March, 2023
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 68.96% · promoters 95.36% · institutions 69.21% · other public 15.89%

  3. To appoint Mrs. Urmil Agarwal, (Director Identification No 00053809) who retires by rotation as a Director and, being eligible, offers herself for reappointment in compliance to the provision of the Companies Act, 2013nMoreLess
    OrdinaryPromoters have an interest in it
    94.86% for5.14% against

    Against: promoters 0.00% · institutions 89.88% · other public 0.05%

    Turnout: all 68.96% · promoters 95.36% · institutions 69.21% · other public 15.89%

  4. Consent for Mortgage of Properties for Working Capital limit under section 180(1)(a) of the Companies Act, 2013
    Special
    99.99% for0.01% against

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

    Turnout: all 68.96% · promoters 95.36% · institutions 69.21% · other public 15.89%

  5. Ratification of remuneration of cost auditor M/s R J GOEL AND CO for the financial year ended 31st March, 2024
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 68.96% · promoters 95.36% · institutions 69.21% · other public 15.89%

  6. To approve reappointment of Mr. Sunil Sikka (DIN 08063385) for the Second term of five consecutive years from 28th September, 2023 to 27th September, 2028 as Independent Director
    Special
    99.86% for0.14% against

    Against: promoters 0.00% · institutions 2.37% · other public 0.05%

    Turnout: all 68.96% · promoters 95.36% · institutions 69.21% · other public 15.89%

  7. To approve reappointment of Mr. Kaustubh Narsinh Karmarkar (DIN 00288642) as Wholetime Director of the Company for a period of five years
    Ordinary
    95.64% for4.36% against

    Against: promoters 0.00% · institutions 76.25% · other public 0.05%

    Turnout: all 68.96% · promoters 95.36% · institutions 69.21% · other public 15.89%

  8. To approve sub-division of Equity Shares from the Face Value of Rs. 10/- Per share to Rs. 5/- Per share
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 68.96% · promoters 95.36% · institutions 69.21% · other public 15.89%

  9. To approve Alteration of Clause V i.e. Capital Clause of the Memorandum of Association of the Company
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 68.96% · promoters 95.36% · institutions 69.21% · other public 15.89%

  10. To approve reappointment of Mr. Raju Bista (DIN 01299297) as Managing Director of the Company for a period of five years w.e.f. 11th August, 2023 to 10th August, 2028
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 68.96% · promoters 95.36% · institutions 69.21% · other public 15.89%

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

  • To receive, consider and adopt the audited standalone financial statement of the Company for the financial year ended 31st March, 2026 and the reports of the Board of Directors and Auditors thereon
    1 for0 against
  • To consider and adopt the audited consolidated financial statement of the Company for the financial year ended 31st March, 2026 and the report of Auditors thereon
    1 for0 against
  • To declare final dividend of Rs. 2.50/- per equity share for the financial year ended 31st March, 2026
    1 for0 against
  • To appoint Mr. Kaustubh Narsinh Karmarkar (DIN – 00288642) who retires by rotation as a Director and, being eligible, offers himself for re-appointment in compliance to the provision of the Companies Act, 2013MoreLess
    1 for0 against
  • Approval for creation of mortgage(s), charge(s), hypothecation(s) and/or other security interest(s) on the asset of the Company in connection with working capital facilities pursuant to Section 180(1)(a) of the Companies Act, 2013MoreLess
    1 for0 against
  • To Ratify the Remuneration payable to Cost Auditors M/s R J Goel & Co. for the financial year ended 31st March, 2027
    1 for0 against
  • Re-appointment of Mr. Jai Prakash Agarwal (DIN – 00041119), as Whole-time Director designated as Executive Chairman of the Company, not liable to retire by rotation, to hold office for a period of 5 (five) consecutive years w.e.f. 1st January, 2027 till 31st December, 2031 (both days inclusive)MoreLess
    Against Angel One Mutual Fund
    • Angel One Mutual FundGovernance Concern: Proposed remuneration package does not include an absolute cap on variable pay. Further, past remuneration distribution appears to be skewed and excessive in the context of Professional Director, peer and benchmark comparison. Additionally, the director holds the combined position of Chairman and Managing Director, and a governance concern has been identified in the remuneration practice of the Company. Lastly, despite being the chairman of the Board, the Director has not attended any of the AGMs in the past 3 FYs.
    0 for1 against
  • Re-appointment of Mr. Vinay Surya (DIN – 00515803), as Managing Director of the Company, liable to retire by rotation, to hold office for a period of 5 (five) consecutive years w.e.f. 26th October, 2026 till 25th October, 2031 (both days inclusive)MoreLess
    Against Angel One Mutual Fund
    • Angel One Mutual FundGovernance Concern: Proposed remuneration package does not include an absolute cap on variable pay. Further, past remuneration distribution appears to be skewed and excessive in the context of Professional Director, peer and benchmark comparison.
    0 for1 against

Mutual fund votes, meeting of 18 Sep 2025, 6 fund houses

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

  • To consider and adopt the audited standalone financial statement of the Company for the financial year ended 31st March 2025 and the reports of the Board of Directors and Auditors thereon.
    6 for0 against
  • To consider and adopt the audited consolidated financial statement of the Company for the financial year ended 31st March 2025 and the report of Auditors thereon.
    6 for0 against
  • To declare final dividend of Rs 3.00/- per equity share for the financial year ended 31st March, 2025.
    6 for0 against
  • To appoint Mr. Vinay Surya (Director Identification No. – (00515803) who retires by rotation as a Director and, being eligible, offers himself for re-appointment
    6 for0 against
  • Appointment of M/s Anjali Yadav & Associates, Company Secretary as Secretarial Auditor of the Company
    6 for0 against
  • Ratification of the remuneration of the Cost Auditor (M/s R J Goel & Co.) of the Company for the Financial Year 2025-26.
    6 for0 against
  • To approve the appointment of Mr. Ravi Kant Gupta (DIN: 03111902), as an Independent Director
    6 for0 against
1 proposal not matched to one resolution
  • To create such mortgage and / or charge the immovable and movable properties of the Company in favour of IDBI Bank Limited, acting for itself and as an agent of Banks to secure the Working Capital Limits including CEL Limits for forward cover of Rs. 1,00,000 lakh.MoreLess
    6 for0 against
6 earlier meetings

Mutual fund votes, meeting of 21 Mar 2025, 5 fund houses

  • Appointment of Mrs. Puja Surya (DIN-00515718) as a Director of the Company
    5 for0 against
  • To appoint Mrs. Puja Surya (DIN-00515718) as Whole-time Director of the Company for a period of five years
    Against Bandhan Mutual Fund, Groww Mutual Fund, LIC Mutual Fund, Mirae Asset Mutual Fund, Motilal Oswal Mutual Fund
    • Bandhan Mutual Fund, Groww Mutual Fund, LIC Mutual Fund, Motilal Oswal Mutual FundCompliant with Law. Governance concern: No absolute cap on overall remuneration, no variable component disclosed.
    • Mirae Asset Mutual FundAs per advisory recommendation (passive holding)
    0 for5 against

Mutual fund votes, meeting of 20 Dec 2024, 5 fund houses

  • Approval for issue of Bonus Shares to the Shareholders of the Company
    5 for0 against

Mutual fund votes, meeting of 22 Oct 2024, 4 fund houses

  • TO APPROVE THE APPOINTMENT OF MR. RAVINDER KUMAR JAGGI (DIN-10755055) AS AN INDEPENDENT DIRECTOR OF THE COMPANY FOR A PERIOD OF FIVE YEARS W.E.F 4TH SEPTEMBER, 2024
    Against Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
    • Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundAppointment compliant with law. Governance & Transparency concern: Past employment in Executive/ Senior level position in the Company, however, no clarity on period of association.
    1 for3 against

Mutual fund votes, meeting of 4 Sep 2024, 4 fund houses

  • To consider and adopt the audited standalone financial statement of the Company for the financial year ended 31st March, 2024 and the reports of the Board of Directors and Auditors thereon and the audited consolidated financial statement of the Company for the financial year ended 31st March, 2024 and the report of Auditors thereon.MoreLess
    4 for0 against
  • To declare final dividend of Rs.2.50/- per equity share for the financial year ended 31st March, 2024.
    4 for0 against
  • To appoint Mr. Raju Bista (Director Identification No. – 01299297) who retires by rotation as a Director and, being eligible, offers himself for re-appointment.
    4 for0 against
  • Consent for Mortgage of Properties for Working Capital limit u/s 180(1)(a) of the Companies Act, 2013
    4 for0 against
  • To ratify the remuneration payable to the Cost Auditor of the Company
    4 for0 against

Mutual fund votes, meeting of 26 Dec 2023, 2 fund houses

  • To consider and approve an increase in remuneration payable to Mr. Jai Prakash Agarwal, Executive Chairman
    Against Groww Mutual Fund, Motilal Oswal Mutual Fund
    • Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with law. Governance Concern: He holds combined position as Executive Chairperson; As a Board Chairperson absent from last 3 AGMs. & No Absolute Cap on Variable pay.
    0 for2 against
  • To consider and approve an increase in remuneration payable to Mr. Raju Bista, Managing Director
    2 for0 against
  • To consider and approve an increase in remuneration payable to Mr. Vinay Surya, Managing Director
    Against Groww Mutual Fund, Motilal Oswal Mutual Fund
    • Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with law. Governance Concern: No Absolute Cap on Variable pay.
    0 for2 against

Mutual fund votes, meeting of 15 Sep 2023, 1 fund house

  • To consider and adopt the audited standalone and consolidated financial statement of the Company for the financial year ended 31st March, 2023 and the reports of the Board of Directors and Auditors thereonMoreLess
    1 for0 against
  • To declare final dividend of Rs. 4.00 per equity share for the financial year ended 31st March, 2023
    1 for0 against
  • To appoint Mrs. Urmil Agarwal, (Director Identification No 00053809) who retires by rotation as a Director and, being eligible, offers herself for reappointment in compliance to the provision of the Companies Act, 2013nMoreLess
    1 for0 against
  • Consent for Mortgage of Properties for Working Capital limit under section 180(1)(a) of the Companies Act, 2013
    1 for0 against
  • Ratification of remuneration of cost auditor M/s R J GOEL AND CO for the financial year ended 31st March, 2024
    1 for0 against
  • To approve reappointment of Mr. Sunil Sikka (DIN 08063385) for the Second term of five consecutive years from 28th September, 2023 to 27th September, 2028 as Independent Director
    1 for0 against
  • To approve reappointment of Mr. Kaustubh Narsinh Karmarkar (DIN 00288642) as Wholetime Director of the Company for a period of five years
    1 for0 against
  • To approve sub-division of Equity Shares from the Face Value of Rs. 10/- Per share to Rs. 5/- Per share
    1 for0 against
  • To approve Alteration of Clause V i.e. Capital Clause of the Memorandum of Association of the Company
    1 for0 against
  • To approve reappointment of Mr. Raju Bista (DIN 01299297) as Managing Director of the Company for a period of five years w.e.f. 11th August, 2023 to 10th August, 2028
    1 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.