TARC logo

TARC CEO, MD, chairman, board of directors and AGM

NSE: TARCBSE: 543249RealtySmall Cap

Formerly Anant Raj Global
Last close ₹109.78down ₹6.28 (5.41%)BSE ₹109.75

Share price at the NSE close on 23 Oct 2026. Previous close ₹116.06.

52-week range of traded prices to 23 Oct 2026
₹108.00Low, 23 Oct 2026₹186.30High, 7 Jan 2026
Market cap
₹3,240 Cr846th largest listed
P/E
Lossover the last 12 months
P/B
3.1
Dividend yield
Nonein the last 12 months
ROE
−1.2%
ROCE
−3.9%
Debt to equity
1.78
Volume, NSE
6,00,10451.3% delivered

TARC 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

  • ChairpersonANIL SARIN
  • Managing director and CEOAMAR SARIN
  • Company Secretary and Compliance OfficerAmit Narayan

7 directors4 independent2 executive1 non-executive

  • ANIL SARIN · ChairpersonNon-executive · joined Sep 2016 · reappointed May 2024 · 1 listed board · 1 committee seat
  • AMAR SARIN · Managing director and CEOExecutive · joined Aug 2018 · reappointed Dec 2025 · 1 listed board · 1 committee seat
  • MUSKAAN SARINExecutive · joined Sep 2021 · reappointed Sep 2021 · 1 listed board
  • AMBARISH CHATTERJEEIndependent · joined Nov 2016 · reappointed Nov 2021 · 115 months as independent · 2 listed boards · 2 as independent · 4 committee seats, 4 as chair
  • MIYAR RAMANATH NAYAKIndependent · joined Jan 2021 · reappointed Jan 2026 · 65 months as independent · 1 listed board · 1 as independent
  • JYOTI GHOSHIndependent · joined Feb 2023 · reappointed Feb 2023 · 40 months as independent · 1 listed board · 1 as independent · 1 committee seat
  • BINDU ACHARYAIndependent · joined Feb 2023 · reappointed Feb 2023 · 40 months as independent · 1 listed board · 1 as independent · 3 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.

Committees and meetings

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

  • Board

    • 29 May 20267 of 7 present4 independent · 110 days in between
    • 7 Feb 20266 of 7 present3 independent

  • Audit Committee

    Chair AMBARISH CHATTERJEE

    AMAR SARIN, BINDU ACHARYA, JYOTI GHOSH

    • 29 May 20264 of 4 present3 independent · 110 days in between
    • 7 Feb 20264 of 4 present3 independent

  • Nomination and remuneration committee

    Chair AMBARISH CHATTERJEE

    MIYAR RAMANATH NAYAK, ANIL SARIN, BINDU ACHARYA, JYOTI GHOSH

    No meeting listed in the filing.

  • Stakeholders Relationship Committee

    Chair AMBARISH CHATTERJEE

    ANIL SARIN, BINDU ACHARYA

    • 29 May 20263 of 3 present2 independent

  • Risk Management Committee

    Chair AMAR SARIN

    AMBARISH CHATTERJEE, MIYAR RAMANATH NAYAK, BINDU ACHARYA

    • 7 Feb 20263 of 4 present2 independent

  • Corporate Social Responsibility Committee

    Chair ANIL SARIN

    AMBARISH CHATTERJEE, BINDU ACHARYA

    No meeting listed in the filing.

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

Statutory auditor

Named in the results for the quarter to Mar 2026.

  • Doogar & AssociatesPeer-review certificate valid to Mar 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.

TARC 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.TARC share news and announcements

Annual general meeting, 19 Sep 2026

54,189 shareholders on the register on 12 Sep 2026; present: 3 promoters and 110 others; votes counted by MRITUNJAY CHANDRA SHEKHAR / MRITUNJAY SHEKHAR & ASSOCIATES.The company's voting result (opens in a new tab)

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

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

    Turnout: all 73.84% · promoters 100.00% · institutions 88.62% · other public 8.95%

  2. To appoint Mrs. Muskaan Sarin (DIN: 01871183), as a director, liable to retire by rotation, and being eligible, offers herself for re-appointment.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 73.85% · promoters 100.00% · institutions 88.69% · other public 8.96%

  3. Appointment of M/s. Singhi & Co., Chartered Accountants, as the Statutory Auditor of the Company.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.30%

    Turnout: all 73.85% · promoters 100.00% · institutions 88.69% · other public 8.96%

  4. To ratify, approve and confirm the remuneration of Cost Auditor for the financial year ending March 31, 2027.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 73.85% · promoters 100.00% · institutions 88.69% · other public 8.96%

  5. To approve the continuation of Mr. Anil Sarin (DIN: 00016152) as Non-Executive Non-Independent Director upon attaining the age of 75 years.
    SpecialPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 73.85% · promoters 100.00% · institutions 88.69% · other public 8.96%

  6. To approve revision in remuneration of Mr. Amar Sarin (DIN: 00015937) as Managing Director & Chief Executive Officer.
    SpecialPromoters have an interest in it
    99.41% for0.60% against

    Against: promoters 0.00% · institutions 6.92% · other public 0.31%

    Turnout: all 73.85% · promoters 100.00% · institutions 88.69% · other public 8.96%

  7. To re-appoint Mrs. Muskaan Sarin (DIN: 01871183) as Whole Time Director & Chief Brand Officer and to fix her remuneration.
    SpecialPromoters have an interest in it
    99.88% for0.12% against

    Against: promoters 0.00% · institutions 1.42% · other public 0.01%

    Turnout: all 73.85% · promoters 100.00% · institutions 88.69% · other public 8.96%

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, 25 Sep 2025, 8 resolutions

57,990 shareholders on the register on 19 Sep 2025; present: 3 promoters and 99 others; votes counted by MRITUNJAY CHANDRA SHEKHAR / MRITUNJAY SHEKHAR & ASSOCIATES.The company's voting result (opens in a new tab)

  1. To receive, consider, approve and adopt the Audited Standalone Financial Statements and Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2025 together with the Reports of Board of Directors and Auditors thereon.MoreLess
    Ordinary
    99.34% for0.66% against

    Against: promoters 0.00% · institutions 0.00% · other public 27.86%

    Turnout: all 73.64% · promoters 100.00% · institutions 86.07% · other public 6.48%

  2. To appoint Mr. Anil Sarin (DIN: 00016152), as a director, liable to retire by rotation, and being eligible, offers himself for re-appointment.
    OrdinaryPromoters have an interest in it
    99.11% for0.89% against

    Against: promoters 0.00% · institutions 2.42% · other public 27.87%

    Turnout: all 73.65% · promoters 100.00% · institutions 86.19% · other public 6.48%

  3. To ratify, approve and confirm the remuneration of Cost Auditor for the financial year ending March 31, 2026.
    Ordinary
    99.34% for0.66% against

    Against: promoters 0.00% · institutions 0.00% · other public 27.86%

    Turnout: all 73.65% · promoters 100.00% · institutions 86.19% · other public 6.48%

  4. To re-appoint Mr. Miyar Ramanath Nayak (DIN: 03352749), as an Independent Director for a second term.
    Special
    99.32% for0.68% against

    Against: promoters 0.00% · institutions 0.23% · other public 27.87%

    Turnout: all 73.65% · promoters 100.00% · institutions 86.19% · other public 6.48%

  5. To approve the appointment of Secretarial Auditor of the Company.
    Ordinary
    99.34% for0.66% against

    Against: promoters 0.00% · institutions 0.00% · other public 27.86%

    Turnout: all 73.65% · promoters 100.00% · institutions 86.19% · other public 6.48%

  6. To approve the payment of remuneration to Mr. Amar Sarin (DIN: 00015937) as Managing Director & Chief Executive Officer for the period October 1, 2025 to December 27, 2025.
    SpecialPromoters have an interest in it
    99.34% for0.66% against

    Against: promoters 0.00% · institutions 0.00% · other public 27.87%

    Turnout: all 73.65% · promoters 100.00% · institutions 86.19% · other public 6.48%

  7. To re-appoint Mr. Amar Sarin (DIN: 00015937) as Managing Director & Chief Executive Officer and to fix his remuneration.
    SpecialPromoters have an interest in it
    98.79% for1.21% against

    Against: promoters 0.00% · institutions 5.90% · other public 27.87%

    Turnout: all 73.65% · promoters 100.00% · institutions 86.19% · other public 6.48%

  8. To redesignate Mrs. Muskaan Sarin (DIN: 01871183) Whole Time Director of the Company as “Whole Time Director and Chief Brand Officer” of the Company and to fix her remuneration.
    SpecialPromoters have an interest in it
    99.34% for0.66% against

    Against: promoters 0.00% · institutions 0.00% · other public 27.88%

    Turnout: all 73.65% · promoters 100.00% · institutions 86.19% · other public 6.48%

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

Annual general meeting, 27 Sep 2024, 3 resolutions

Present: 3 promoters and 87 others.The company's voting result (opens in a new tab)

  1. To receive, consider, approve and adopt the Audited Standalone Financial Statements and Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2024 together with the Reports of Board of Directors and Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 72.62% · promoters 100.00% · institutions 70.71% · other public 12.25%

  2. To appoint Mr. Amar Sarin (DIN: 00015937), as a director, liable to retire by rotation being eligible, offers himself for re-appointment.
    Ordinary
    99.36% for0.64% against

    Against: promoters 0.00% · institutions 11.51% · other public 0.00%

    Turnout: all 72.62% · promoters 100.00% · institutions 70.78% · other public 12.25%

  3. To ratify, approve and confirm the remuneration of Cost Auditor for the financial year ending March 31, 2025.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 72.62% · promoters 100.00% · institutions 70.78% · other public 12.25%

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.

Extraordinary general meeting, 22 Jul 2024, 4 resolutions

Present: 3 promoters and 88 others.The company's voting result (opens in a new tab)

  1. Providing loan(s), guarantee(s) or security in connection with loan(s) to any other body corporate including subsidiary companies or person or make investment by way of subscription, purchase or otherwise, the securities of any body corporate under Section 186 of the Companies Act 2013.MoreLess
    Special
    98.43% for1.57% against

    Against: promoters 0.00% · institutions 35.83% · other public 0.08%

    Turnout: all 69.25% · promoters 100.00% · institutions 59.11% · other public 4.21%

  2. Providing loan(s), guarantee(s) or security under section 185 of Companies Act, 2013.
    Special
    98.43% for1.57% against

    Against: promoters 0.00% · institutions 35.83% · other public 0.08%

    Turnout: all 69.25% · promoters 100.00% · institutions 59.11% · other public 4.21%

  3. Issue of Non-Convertible Debentures (NCDs) on a Private Placement basis.
    Special
    100.00% for0.00% against

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

    Turnout: all 69.25% · promoters 100.00% · institutions 59.11% · other public 4.21%

  4. Pledge/divestment/dilution/disposal of the Company’s investment(s)/ asset(s) of material Subsidiaries and undertaking(s).
    Special
    98.42% for1.58% against

    Against: promoters 0.00% · institutions 36.35% · other public 0.17%

    Turnout: all 69.23% · promoters 100.00% · institutions 58.75% · other public 4.21%

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.

Extraordinary general meeting, 6 Dec 2023, 2 resolutions

Present: 3 promoters and 77 others.The company's voting result (opens in a new tab)

  1. To consider and approve advancing of loan(s), guarantee(s) or provide security in connection with a loan(s) to any other body corporate including subsidiary companies or person or make investment by way of subscription, purchase or otherwise, the securities of any body corporate under Section 186 of the Companies Act, 2013.MoreLess
    Special
    98.85% for1.15% against

    Against: promoters 0.00% · institutions 42.96% · other public 0.11%

    Turnout: all 67.37% · promoters 100.00% · institutions 71.04% · other public 1.83%

  2. Issue of Non-Convertible Debentures (NCDs) on a Private Placement basis.
    Special
    99.22% for0.78% against

    Against: promoters 0.00% · institutions 29.11% · other public 0.06%

    Turnout: all 67.37% · promoters 100.00% · institutions 71.04% · other public 1.83%

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.

Annual general meeting, 30 Sep 2023, 3 resolutions

Present: 3 promoters and 96 others.The company's voting result (opens in a new tab)

  1. To receive, consider, approve and adopt the Audited Standalone Financial Statements and Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2023 together with the Reports of Board of Directors and Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 70.18% · promoters 100.00% · institutions 78.03% · other public 10.50%

  2. To appoint Ms. Muskaan Sarin (DIN: 01871183), as a director, liable to retire by rotation being eligible, offers herself for re-appointment.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 70.18% · promoters 100.00% · institutions 78.22% · other public 10.50%

  3. To ratify, approve and confirm the remuneration of Cost Auditors for the financial year ending March 31, 2024.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 70.18% · promoters 100.00% · institutions 78.22% · other public 10.50%

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 Mar 2023, 2 resolutions

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

  1. Appointment of Mr. Jyoti Ghosh (DIN: 08217481) as Independent Director
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.09%

    Turnout: all 67.95% · promoters 100.00% · institutions 92.57% · other public 4.98%

  2. Appointment of Ms. Bindu Acharya (DIN: 07223003) as Independent Director
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.09%

    Turnout: all 67.95% · promoters 100.00% · institutions 92.57% · other public 4.98%

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

Annual general meeting, 30 Sep 2022, 4 resolutions

Present: 3 promoters and 52 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone Financial Statements and Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2022 together with the Reports of Board of Directors and Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 68.45% · promoters 99.91% · institutions 80.87% · other public 3.45%

  2. To appoint Mr. Anil Sarin (DIN: 00016152) as a director, liable to retire by rotation.
    OrdinaryPromoters have an interest in it
    99.96% for0.04% against

    Against: promoters 0.00% · institutions 1.59% · other public 0.06%

    Turnout: all 68.46% · promoters 99.91% · institutions 81.11% · other public 3.45%

  3. To ratify the remuneration of Cost Auditors for the financial year ending March 31, 2023.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 68.46% · promoters 99.91% · institutions 81.11% · other public 3.45%

  4. Approval for payment of remuneration to Mr. Amar Sarin, Managing Director & CEO subject to the ceiling laid down in Schedule V of the Companies Act, 2013.
    SpecialPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 67.53% · promoters 98.50% · institutions 81.11% · other public 3.45%

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

How mutual funds voted

Fund houses must disclose how they vote at every meeting of a company they hold.

Mutual fund votes, meeting of 19 Sep 2026, 2 fund houses so far (houses' deadline to file 15 Oct 2026)

  • To receive, consider, approve and adopt the Audited Standalone Financial Statements and Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2026 together with the Reports of Board of Directors and Auditors thereon.MoreLess
    2 for0 against
  • To appoint Mrs. Muskaan Sarin (DIN: 01871183), as a director, liable to retire by rotation, and being eligible, offers herself for re-appointment.
    2 for0 against
  • Appointment of M/s. Singhi & Co., Chartered Accountants, as the Statutory Auditor of the Company.
    2 for0 against
  • To ratify, approve and confirm the remuneration of Cost Auditor for the financial year ending March 31, 2027.
    2 for0 against
  • To approve the continuation of Mr. Anil Sarin (DIN: 00016152) as Non-Executive Non-Independent Director upon attaining the age of 75 years.
    2 for0 against
  • To approve revision in remuneration of Mr. Amar Sarin (DIN: 00015937) as Managing Director & Chief Executive Officer.
    Against Angel One Mutual Fund
    • Angel One Mutual FundGovernance Concern: Proposed revision in remuneration is significant as compared to past approved remuneration in FY -2025 and no adequate justification for such high increase.
    1 for1 against
  • To re-appoint Mrs. Muskaan Sarin (DIN: 01871183) as Whole Time Director & Chief Brand Officer and to fix her remuneration.
    Against Angel One Mutual Fund
    • Angel One Mutual FundGovernance Concern: Proposed remuneration is significant as compared to past approved remuneration in FY -2025 and no adequate justification for such high increase.
    1 for1 against

Mutual fund votes, meeting of 25 Sep 2025, 8 fund houses

  • To receive, consider, approve and adopt the Audited Standalone Financial Statements and Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2025 together with the Reports of Board of Directors and Auditors thereon.MoreLess
    8 for0 against
  • To appoint Mr. Anil Sarin (DIN: 00016152), as a director, liable to retire by rotation, and being eligible, offers himself for re-appointment.
    Against Angel One Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
    • Angel One Mutual FundGovernance Concern: Chairman of the Board related to Managing Director of the Company.
    • Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with law. Governance Concern: Chairman of the Board related to Managing Director of the Company.
    5 for3 against
  • To ratify, approve and confirm the remuneration of Cost Auditor for the financial year ending March 31, 2026.
    8 for0 against
  • To re-appoint Mr. Miyar Ramanath Nayak (DIN: 03352749), as an Independent Director for a second term.
    8 for0 against
  • To approve the appointment of Secretarial Auditor of the Company.
    8 for0 against
  • To approve the payment of remuneration to Mr. Amar Sarin (DIN: 00015937) as Managing Director & Chief Executive Officer for the period October 1, 2025 to December 27, 2025.
    8 for0 against
  • To re-appoint Mr. Amar Sarin (DIN: 00015937) as Managing Director & Chief Executive Officer and to fix his remuneration.
    8 for0 against
  • To redesignate Mrs. Muskaan Sarin (DIN: 01871183) Whole Time Director of the Company as “Whole Time Director and Chief Brand Officer” of the Company and to fix her remuneration.
    8 for0 against
2 earlier meetings

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

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

  • To receive, consider, approve and adopt the Audited Standalone Financial Statements and Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2024 together with the Reports of Board of Directors and Auditors thereon.MoreLess
    5 for0 against
  • To appoint Mr. Amar Sarin (DIN: 00015937), as a director, liable to retire by rotation being eligible, offers himself for re-appointment.
    5 for0 against
  • To ratify, approve and confirm the remuneration of Cost Auditor for the financial year ending March 31, 2025.
    5 for0 against
3 proposals not matched to one resolution
  • Item 1, as a fund house numbered it
    1 for0 against
  • Item 2, as a fund house numbered it
    1 for0 against
  • Item 3, as a fund house numbered it
    1 for0 against

Mutual fund votes, meeting of 22 Jul 2024, 6 fund houses

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

  • Providing loan(s), guarantee(s) or security in connection with loan(s) to any other body corporate including subsidiary companies or person or make investment by way of subscription, purchase or otherwise, the securities of any body corporate under Section 186 of the Companies Act 2013.MoreLess
    Against Bandhan Mutual Fund, Groww Mutual Fund, LIC Mutual Fund, Motilal Oswal Mutual Fund
    • Bandhan Mutual Fund, Groww Mutual Fund, LIC Mutual Fund, Motilal Oswal Mutual FundCompliant with the law. Governance Concern: Non-disclosure of specific plan for utilization of said limit.
    1 for4 against
  • Providing loan(s), guarantee(s) or security under section 185 of Companies Act, 2013.
    Against Bandhan Mutual Fund, Groww Mutual Fund, LIC Mutual Fund, Motilal Oswal Mutual Fund, Taurus Mutual Fund
    • Bandhan Mutual Fund, Groww Mutual Fund, LIC Mutual Fund, Motilal Oswal Mutual FundNon-compliant: Non-disclosure of full particulars as required under Section 185 of Companies Act, 2013.
    • Taurus Mutual FundUnder Section 185 of Companies Act, 2013, a company may advance a loan/ give guarantee or provide any security in connection with any loan taken by any entity in which any of the directors is interested. The approval for providing loans, guarantees and securities under section 185, allows the company to give loans / guarantees / provide securities to any company in which directors are interested, including promoter companies. The company must disclose granular details including names of these companies, the nature and size of their operations and terms of support, to enable shareholders to make an informed decision. Given the lack of clarity, we do not support the resolution
    1 for5 against
  • Issue of Non-Convertible Debentures (NCDs) on a Private Placement basis.
    5 for0 against
  • Pledge/divestment/dilution/disposal of the Company’s investment(s)/ asset(s) of material Subsidiaries and undertaking(s).
    Against Bandhan Mutual Fund, Groww Mutual Fund, LIC Mutual Fund, Motilal Oswal Mutual Fund
    • Bandhan Mutual Fund, Groww Mutual Fund, LIC Mutual Fund, Motilal Oswal Mutual FundCompliant with Law. Governance Concern: Lack of clarity whether sale/disposal will arise only as a result of pledge or other business transactions as well. Inadequate Disclosures.
    1 for4 against
3 proposals not matched to one resolution
  • Item 1, as a fund house numbered it
    Against Taurus Mutual Fund
    • Taurus Mutual FundThis is an enabling resolution whereby the company would be authorized to sell/lease/dispose of assets in its present/future material subsidiaries. We do not support such enabling resolutions and expect companies to provide granular details so as to enable us to take an informed decision.
    0 for1 against
  • Item 3, as a fund house numbered it
    Against Taurus Mutual Fund
    • Taurus Mutual FundTARC, in view of its expanding business, proposes to increase their intercorporate transaction limit under Section 186 of the Companies Act, 2013 from Rs. 20.0 bn, approved at the EGM held in December 2023, to Rs 30.0 bn. As on 31 March 2024. The company’s outstanding, loans , guarantees and investments mainly to subsidiaries stood at ~Rs. 11.9 bn as on 31 March 2024. A real estate developer, the company’s projects are housed in subsidiaries and although there exists a rational for extending support, the company with an existing limit of Rs. 20.0 bn has sufficient headroom. Furthermore, given the size of the company, a limit of Rs. 30.0 bn - ~2.0x the company’s net worth is high and the company must provide granular clarity with respect to the recipient entities.
    0 for1 against
  • Item 4, as a fund house numbered it
    1 for0 against

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

Tax disputes

Reported in the filing for the quarter to Jun 2026.

  • Tax disputeDy. Commissioner of Income Tax, Central Circle -15, New DelhiSince 9 Apr 2024
    Appeal dated 26.04.2024 is pending before Commissioner of Income Tax Appeals.
    At the filing before: Appeal filed on 26.04.2024 before Commissioner of Income Tax Appeals against notice of demand received on 09.04.2024 by TARC Limited u/s 156 of the I.T. Act, 1961 for A.Y. 2019-20 and 2020-21.
  • Tax disputeDy. Commissioner of Income Tax, Central Circle -15, New DelhiSince 9 Apr 2024
    Appeal dated 26.04.2024 is pending before Commissioner of Income Tax Appeals.
    At the filing before: Appeal filed on 26.04.2024 before Commissioner of Income Tax Appeals against notice of demand received on 09.04.2024 by TARC Projects Limited (wholly-owned subsidiary of TARC Limited) u/s 156 of the I.T. Act, 1961 for A.Y. 2019-20 and 2020-21.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

At most 2 complaints open, quarter to Mar 2025.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
Yes
The chair is related to the managing director
Yes
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
Yes
There was a cyber security incident in the quarter
No

The company's own answers in its filing.