Tarsons Products logo

Tarsons Products MD, chairman, board of directors and AGM

NSE: TARSONSBSE: 543399Healthcare Equipment & SuppliesSmall Cap

Last close ₹300.00down ₹8.65 (2.80%)BSE ₹299.95

Share price at the NSE close on 23 Oct 2026. Previous close ₹308.65.

52-week range of traded prices to 23 Oct 2026
₹164.45Low, 30 Mar 2026₹375.00High, 14 Aug 2026
Market cap
₹1,596 Cr1,427th largest listed
P/E
143.9
P/E without one-offs
130.6
P/B
2.5
Dividend yield
Nonein the last 12 months
ROE
1.8%
ROE without one-offs
1.9%
ROCE
1.5%
Debt to equity
0.60
Volume, NSE
94,66550.6% delivered

Tarsons Products 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

  • Chairperson and managing directorSANJIVE SEHGALRelated to the promoter
  • Company Secretary and Compliance OfficerSantosh Kumar Agarwal

8 directors4 independent2 executive2 non-executive

  • SANJIVE SEHGAL · Chairperson and managing directorExecutive · joined Jul 1983 · reappointed Jul 2023 · 1 listed board
  • ARYAN SEHGALExecutive · joined Sep 2014 · reappointed Jul 2023 · 1 listed board
  • VIRESH OBERAIIndependent · joined Nov 2018 · reappointed Nov 2023 · 94 months as independent · 1 listed board · 1 as independent · 2 committee seats, 2 as chair
  • DIVYA SAMEER MOMAYAIndependent · joined May 2025 · reappointed May 2025 · 16 months as independent · 4 listed boards · 4 as independent · 10 committee seats, 4 as chair
  • MONJORI MITRAIndependent · joined Aug 2025 · reappointed Aug 2025 · 13 months as independent · 2 listed boards · 2 as independent · 1 committee seat, 1 as chair
  • SURESH ESHWARA PRABHALANon-executive · joined Aug 2025 · reappointed Aug 2025 · 2 listed boards · 1 as independent
  • RAMANATHAN SUBRAMANIAN ARUN KUMARNominee, non-executive · joined Aug 2025 · reappointed Aug 2025 · 2 listed boards
  • VINESH MOHAN KRIPLANIIndependent · joined Feb 2026 · reappointed Feb 2026 · 7 months as independent · 1 listed board · 1 as independent · 2 committee seats

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

2 directors who left
  • GIRISH PAMAN VANVARI, left 6 Feb 2026: Others
  • SUCHARITA BASU DE, left 24 May 2025: Others

Committees and meetings

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

  • Board

    • 10 Aug 20267 of 8 present4 independent · 79 days in between
    • 22 May 20267 of 8 present3 independent

  • Audit Committee

    Chair VIRESH OBERAI

    DIVYA SAMEER MOMAYA, VINESH MOHAN KRIPLANI

    • 10 Aug 20263 of 3 present3 independent · 79 days in between
    • 22 May 20262 of 3 present2 independent · 1 day in between
    • 20 May 20262 of 3 present2 independent

  • Nomination and remuneration committee

    Chair VIRESH OBERAI

    DIVYA SAMEER MOMAYA, VINESH MOHAN KRIPLANI

    • 6 Aug 20262 of 3 present2 independent

  • Stakeholders Relationship Committee

    Chair VIRESH OBERAI

    ARYAN SEHGAL, SANJIVE SEHGAL

    • 6 Aug 20262 of 3 present1 independent

  • Risk Management Committee

    Chair VIRESH OBERAI

    SANJIVE SEHGAL, ARYAN SEHGAL

    • 22 May 20262 of 3 present0 independent

  • Corporate Social Responsibility Committee

    Chair SANJIVE SEHGAL

    ARYAN SEHGAL, DIVYA SAMEER MOMAYA

    • 6 Aug 20262 of 3 present1 independent · 75 days in between

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.

  • M/s Price Waterhouse Chartered Accountants LLPPeer-review certificate valid to Nov 2026

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.

Tarsons Products 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.Tarsons Products dividend history

Annual general meeting, 24 Sep 2026

82,030 shareholders on the register on 17 Sep 2026; present: 4 promoters and 60 others; votes counted by Manisha Saraf / Manisha Saraf & Associates, Company Secretaries.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 together with the Report of the 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 70.85% · promoters 99.97% · institutions 5.43% · other public 45.39%

  2. To receive, consider and adopt the Audited Consolidated Financial Statement of the Company for the financial year ended 31st March, 2026 and together with the Report of the Auditors thereon.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 70.85% · promoters 99.97% · institutions 5.43% · other public 45.39%

  3. To appoint a director in place of Mr. Sanjive Sehgal (DIN: 00787232),who retires by rotation in terms of Section 152(6) of the Companies Act,2013 and being eligible, offers himself for re-appointment.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 2.38% · other public 0.00%

    Turnout: all 70.85% · promoters 99.97% · institutions 5.43% · other public 45.39%

  4. To approve Material Related Party Transactions of the Company with its Step-down Subsidiary, Nerbe Plus GmbH and Co.KG (Nerbe).
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 2.38% · other public 0.00%

    Turnout: all 23.56% · promoters 0.00% · institutions 5.43% · other public 45.39%

  5. To approve and ratify the waiver of excessive managerial remuneration paid to Executive Directors and Non-Executive Directors (except Nominee Director) of the Company during the financial year 2025-26.MoreLess
    Special
    99.90% for0.10% against

    Against: promoters 0.00% · institutions 84.06% · other public 0.12%

    Turnout: all 70.85% · promoters 99.97% · institutions 5.43% · other public 45.39%

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

Postal ballot, 6 Apr 2026, 1 resolution

86,657 shareholders on the register on 27 Feb 2026; votes counted by Manisha Saraf / Manisha Saraf & Associates, Practising Company Secretary.The company's voting result (opens in a new tab)

  1. Appointment of Mr. Vinesh Mohan Kriplani (DIN: 08212644) as Non-Executive Independent Director of the Company
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 8.49%

    Turnout: all 71.15% · promoters 99.97% · institutions 94.81% · other public 0.45%

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.

Annual general meeting, 22 Sep 2025, 9 resolutions

90,482 shareholders on the register on 12 Sep 2025; present: 4 promoters and 54 others; votes counted by Manisha Saraf / Manisha Saraf & Associates, Company Secretaries.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, 2025 TOGETHER WITH THE REPORTS OF THE BOARD OF DIRECTORS AND AUDITORS THEREONMoreLess
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.80%

    Turnout: all 76.75% · promoters 99.96% · institutions 99.31% · other public 0.76%

  2. TO RECEIVE, 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
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.80%

    Turnout: all 76.75% · promoters 99.96% · institutions 99.31% · other public 0.76%

  3. TO APPOINT A DIRECTOR IN PLACE OF MR. ARYAN SEHGAL (DIN: 06963013), WHO RETIRES BY ROTATION IN TERMS OF SECTION 152(6) OF THE COMPANIES ACT, 2013 AND BEING ELIGIBLE, OFFERS HIMSELF FOR RE-APPOINTMENT
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.26%

    Turnout: all 76.75% · promoters 99.96% · institutions 99.31% · other public 0.76%

  4. TO APPROVE THE APPOINTMENT OF M/S. MANISHA SARAF & ASSOCIATES, PRACTICING COMPANY SECRETARIES AS SECRETARIAL AUDITORS OF THE COMPANY FOR A TERM OF FIVE (5) CONSECUTIVE YEARS FROM THE FINANCIAL YEAR 2025-26 TO FINANCIAL YEAR 2029-30 AND TO FIX THEIR REMUNERATIONMoreLess
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.14%

    Turnout: all 76.75% · promoters 99.96% · institutions 99.31% · other public 0.76%

  5. TO APPOINT DR. MONJORI MITRA (DIN: 02761691) AS AN INDEPENDENT DIRECTOR OF THE COMPANY FOR A TERM OF FIVE (5) CONSECUTIVE YEARS
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.24%

    Turnout: all 76.75% · promoters 99.96% · institutions 99.31% · other public 0.76%

  6. TO APPOINT MR. RAMANATHAN SUBRAMANIAN ARUN KUMAR (DIN: 09101691) AS NON-EXECUTIVE NOMINEE DIRECTOR
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.14%

    Turnout: all 76.75% · promoters 99.96% · institutions 99.31% · other public 0.76%

  7. TO APPOINT MR. SURESH ESHWARA PRABHALA (DIN: 02130163) AS NON-EXECUTIVE NON-INDEPENDENT DIRECTOR FOR A TERM OF FIVE (5) CONSECUTIVE YEARS
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.17%

    Turnout: all 76.75% · promoters 99.96% · institutions 99.31% · other public 0.76%

  8. TO APPROVE AND RATIFY THE WAIVER OF EXCESSIVE REMUNERATION PAID TO EXECUTIVE DIRECTORS OF THE COMPANY DURING THE FINANCIAL YEAR 2024-25.
    SpecialPromoters have an interest in it
    99.79% for0.21% against

    Against: promoters 0.00% · institutions 0.48% · other public 9.77%

    Turnout: all 76.75% · promoters 99.96% · institutions 99.31% · other public 0.76%

  9. TO REVISE THE REMUNERATION PAID TO MR. SANJIVE SEHGAL, CHAIRMAN & MANAGING DIRECTOR & MR. ARYAN SEHGAL, WHOLE-TIME DIRECTOR OF THE COMPANY
    SpecialPromoters have an interest in it
    99.80% for0.20% against

    Against: promoters 0.00% · institutions 0.48% · other public 5.18%

    Turnout: all 76.75% · promoters 99.96% · institutions 99.31% · other public 0.76%

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 Jul 2025, 1 resolution

92,600 shareholders on the register on 13 Jun 2025; votes counted by Manisha Saraf / Manisha Saraf & Associates, Company Secretaries.The company's voting result (opens in a new tab)

  1. Appointment of Mrs. Divya Sameer Momaya (DIN: 00365757) as a Non-Executive Independent Director of the Company.
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 12.39%

    Turnout: all 77.89% · promoters 99.96% · institutions 90.99% · other public 0.42%

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, 7 resolutions

Present: 5 promoters and 48 others.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, 2024 together with the reports of the Board of Directors and Auditors thereonMoreLess
    Ordinary
    99.99% for0.01% against

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

    Turnout: all 83.51% · promoters 100.00% · institutions 98.37% · other public 23.92%

  2. To receive, consider and adopt the Audited Consolidated Financial Statement of the Company for the financial year ended 31st March, 2024 and the report of Auditors thereon
    Ordinary
    99.99% for0.01% against

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

    Turnout: all 83.51% · promoters 100.00% · institutions 98.37% · other public 23.92%

  3. To appoint a director in place of Mr. Sanjive Sehgal (DIN: 00787232), who retires by rotation in terms of Section 152(6) of the Companies Act, 2013 and being eligible, offers himself for re-appointmentMoreLess
    Ordinary
    99.92% for0.08% against

    Against: promoters 0.00% · institutions 0.20% · other public 0.10%

    Turnout: all 83.51% · promoters 100.00% · institutions 98.37% · other public 23.92%

  4. To declare dividend of 2/- per Equity Shares for the financial year ended 31st March, 2024
    Ordinary
    99.99% for0.01% against

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

    Turnout: all 83.51% · promoters 100.00% · institutions 98.37% · other public 23.92%

  5. To consider and approve Material Related Party Transaction
    Ordinary
    99.81% for0.19% against

    Against: promoters 0.00% · institutions 0.20% · other public 0.11%

    Turnout: all 36.22% · promoters 0.04% · institutions 98.37% · other public 23.92%

  6. To appoint Mr. Suresh Eshwara Prabhala as Non-Executive Nominee Director
    Ordinary
    99.99% for0.01% against

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

    Turnout: all 83.51% · promoters 100.00% · institutions 98.37% · other public 23.92%

  7. To approve and ratify the waiver of excessive remuneration paid to Executive Directors of the Company during the financial year 2023-24
    Special
    99.56% for0.44% against

    Against: promoters 0.00% · institutions 1.17% · other public 0.14%

    Turnout: all 83.51% · promoters 100.00% · institutions 98.37% · other public 23.92%

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, 31 Aug 2023, 3 resolutions

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

  1. Approval for extension of time limit in deployment of funds received during IPO in a fungible/interchangeable manner along with the utilization for Machines and Moulds
    Special
    99.99% for0.01% against

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

    Turnout: all 87.72% · promoters 100.00% · institutions 94.44% · other public 68.92%

  2. Approval for remuneration of Mr. Sanjive Sehgal (DIN: 00787232), as Chairman and Managing Director of the Company
    Special
    99.95% for0.05% against

    Against: promoters 0.00% · institutions 0.08% · other public 0.14%

    Turnout: all 87.72% · promoters 100.00% · institutions 94.44% · other public 68.92%

  3. Approval for remuneration of Mr. Rohan Sehgal (DIN: 06963013), as Whole-Time Director of the Company
    Special
    96.27% for3.73% against

    Against: promoters 0.00% · institutions 21.46% · other public 0.08%

    Turnout: all 87.72% · promoters 100.00% · institutions 94.44% · other public 68.92%

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, 14 Jul 2023, 7 resolutions

Present: 12 promoters and 1,08,663 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended 31st March, 2023, together with the reports of the Board of Directors and the Auditors thereonMoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 87.61% · promoters 100.00% · institutions 94.14% · other public 68.85%

  2. To appoint a director in place of Mr. Rohan Sehgal (DIN: 06963013), who retires by rotation in terms of Section 152(6) of the Companies Act, 2013 and being eligible, offers himself for re-appointment
    Ordinary
    99.69% for0.31% against

    Against: promoters 0.00% · institutions 1.78% · other public 0.01%

    Turnout: all 87.61% · promoters 100.00% · institutions 94.14% · other public 68.85%

  3. To appoint Auditors and fix their remuneration
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 87.61% · promoters 100.00% · institutions 94.14% · other public 68.85%

  4. To re-appoint Mr. Viresh Oberai (DIN: 00524892), as an Independent Director of the Company
    Special
    99.32% for0.68% against

    Against: promoters 0.00% · institutions 3.96% · other public 0.00%

    Turnout: all 87.61% · promoters 100.00% · institutions 94.14% · other public 68.85%

  5. To re-appoint Mr. Sanjive Sehgal (DIN: 00787232), as a Managing Director and Chairman of the Company
    OrdinaryPromoters have an interest in it
    98.39% for1.61% against

    Against: promoters 0.00% · institutions 9.41% · other public 0.00%

    Turnout: all 87.61% · promoters 100.00% · institutions 94.14% · other public 68.85%

  6. To re-appoint Mr. Rohan Sehgal (DIN: 06963013), as a Whole Time Director of the Company
    OrdinaryPromoters have an interest in it
    96.64% for3.36% against

    Against: promoters 0.00% · institutions 19.70% · other public 0.01%

    Turnout: all 87.52% · promoters 100.00% · institutions 93.56% · other public 68.85%

  7. To approve the ‘Tarsons Products Limited- Employee Stock Option Plan 2023’
    Special
    98.08% for1.92% against

    Against: promoters 0.00% · institutions 11.26% · other public 0.01%

    Turnout: all 87.52% · promoters 100.00% · institutions 93.56% · other public 68.85%

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, 29 Jul 2022, 3 resolutions

Present: 6 promoters and 86 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt-n(a) the audited standalone financial statements of the Company for the financial year ended 31st March 2022, together with the reports of the Board of Directors and the Auditors thereon; andn(b) the audited consolidated financial statements of the Company for the financial year ended 31st March 2022, together with the Report of the Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 85.76% · promoters 100.00% · institutions 84.17% · other public 67.33%

  2. Approval for appointment of Mr. Sanjive Sehgal (DIN: 00787232) as Director of the Company, who retires by rotation and being eligible offers himself for re-appointment.
    Ordinary
    99.30% for0.70% against

    Against: promoters 0.00% · institutions 4.06% · other public 0.00%

    Turnout: all 85.76% · promoters 100.00% · institutions 84.17% · other public 67.34%

  3. Approval of charges for service of documents through a particular mode as may be sought by the members of the Company in accordance with Section 20 of the Companies Act, 2013
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 85.76% · promoters 100.00% · institutions 84.17% · other public 67.33%

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.

Mutual fund votes, meeting of 6 Apr 2026, 2 fund houses

  • Appointment of Mr. Vinesh Mohan Kriplani (DIN: 08212644) as Non-Executive Independent Director of the Company
    2 for0 against

Mutual fund votes, meeting of 22 Sep 2025, 2 fund houses

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

  • TO RECEIVE, CONSIDER AND ADOPT THE AUDITED STANDALONE FINANCIAL STATEMENT OF THE COMPANY FOR THE FINANCIAL YEAR ENDED 31ST MARCH, 2025 TOGETHER WITH THE REPORTS OF THE BOARD OF DIRECTORS AND AUDITORS THEREONMoreLess
    2 for0 against
  • TO RECEIVE, 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
    2 for0 against
  • TO APPOINT A DIRECTOR IN PLACE OF MR. ARYAN SEHGAL (DIN: 06963013), WHO RETIRES BY ROTATION IN TERMS OF SECTION 152(6) OF THE COMPANIES ACT, 2013 AND BEING ELIGIBLE, OFFERS HIMSELF FOR RE-APPOINTMENT
    2 for0 against
  • TO APPROVE THE APPOINTMENT OF M/S. MANISHA SARAF & ASSOCIATES, PRACTICING COMPANY SECRETARIES AS SECRETARIAL AUDITORS OF THE COMPANY FOR A TERM OF FIVE (5) CONSECUTIVE YEARS FROM THE FINANCIAL YEAR 2025-26 TO FINANCIAL YEAR 2029-30 AND TO FIX THEIR REMUNERATIONMoreLess
    2 for0 against
  • TO APPOINT DR. MONJORI MITRA (DIN: 02761691) AS AN INDEPENDENT DIRECTOR OF THE COMPANY FOR A TERM OF FIVE (5) CONSECUTIVE YEARS
    2 for0 against
  • TO APPOINT MR. RAMANATHAN SUBRAMANIAN ARUN KUMAR (DIN: 09101691) AS NON-EXECUTIVE NOMINEE DIRECTOR
    2 for0 against
  • TO APPOINT MR. SURESH ESHWARA PRABHALA (DIN: 02130163) AS NON-EXECUTIVE NON-INDEPENDENT DIRECTOR FOR A TERM OF FIVE (5) CONSECUTIVE YEARS
    2 for0 against
  • TO REVISE THE REMUNERATION PAID TO MR. SANJIVE SEHGAL, CHAIRMAN & MANAGING DIRECTOR & MR. ARYAN SEHGAL, WHOLE-TIME DIRECTOR OF THE COMPANY
    Against Bandhan Mutual Fund, Motilal Oswal Mutual Fund
    • Bandhan Mutual Fund, Motilal Oswal Mutual FundCompliant with law. Governance concern: Clubbed resolution and Mr. Sanjive Sehgal holds a combined position of Chairperson and Managing Director; the Remuneration package includes a guaranteed bonus of more than 20% of total pay.
    0 for2 against
1 proposal not matched to one resolution
  • To ratify and confirm waiver of recovery of managerial remuneration paid amounting to Rs. 9.38 Million to Mr. Sanjive Sehgal, (DIN: 00787232) as Chairman and Managing Director and Rs. 4.38 Million to Mr. Aryan Sehgal, (DIN: 06963013) as Whole-Time Director of the Company for the financial year ended 31st March, 2025.MoreLess
    Against Bandhan Mutual Fund, Motilal Oswal Mutual Fund
    • Bandhan Mutual Fund, Motilal Oswal Mutual FundCompliant with law. Governance & Transparency concern: inadequate disclosure regarding the waiver of excess remuneration.
    0 for2 against
5 earlier meetings

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

  • Appointment of Mrs. Divya Sameer Momaya (DIN: 00365757) as a Non-Executive Independent Director of the Company.
    2 for0 against

Mutual fund votes, meeting of 27 Sep 2024, 3 fund houses

  • To receive, consider and adopt the Audited Standalone Financial Statement of the Company for the financial year ended 31st March, 2024 together with the reports of the Board of Directors and Auditors thereonMoreLess
    3 for0 against
  • To receive, consider and adopt the Audited Consolidated Financial Statement of the Company for the financial year ended 31st March, 2024 and the report of Auditors thereon
    3 for0 against
  • To appoint a director in place of Mr. Sanjive Sehgal (DIN: 00787232), who retires by rotation in terms of Section 152(6) of the Companies Act, 2013 and being eligible, offers himself for re-appointmentMoreLess
    Against Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
    • Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with Law. No issues on merit of appointee. Governance concern: Mr. Sanjive Sehgal is holding position of Chairman and Managing Director.
    0 for3 against
  • To declare dividend of 2/- per Equity Shares for the financial year ended 31st March, 2024
    3 for0 against
  • To consider and approve Material Related Party Transaction
    Against Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
    • Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundThe Proposed resolution is Non-Compliant with law: Omnibus approval sought for a duration of more than one year
    0 for3 against
  • To appoint Mr. Suresh Eshwara Prabhala as Non-Executive Nominee Director
    3 for0 against
  • To approve and ratify the waiver of excessive remuneration paid to Executive Directors of the Company during the financial year 2023-24
    Against Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
    • Bandhan Mutual Fund, Groww Mutual FundCompliant with law. Transparency concern: Inadequate Disclosure with regards to waiver of excess remuneration.
    • Motilal Oswal Mutual Fund"Compliant with law. Transparency concern: Inadequate Disclosure with regards to waiver of excess remuneration. "
    0 for3 against

Mutual fund votes, meeting of 31 Aug 2023, 5 fund houses

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

  • Approval for extension of time limit in deployment of funds received during IPO in a fungible/interchangeable manner along with the utilization for Machines and Moulds
    2 for0 against
  • Approval for remuneration of Mr. Sanjive Sehgal (DIN: 00787232), as Chairman and Managing Director of the Company
    Against Motilal Oswal Mutual Fund
    • Motilal Oswal Mutual FundCompliant with law. Governance concern: Combined position of Chairperson and Managing Director; Remuneration package includes guaranteed bonus of more than 20% of total pay.
    4 for1 against
  • Approval for remuneration of Mr. Rohan Sehgal (DIN: 06963013), as Whole-Time Director of the Company
    Against Motilal Oswal Mutual Fund, Nippon India Mutual Fund
    • Motilal Oswal Mutual FundCompliant with law. Governance concern: Remuneration package includes guaranteed bonus of more than 20% of total pay.
    • Nippon India Mutual FundRemuneration is high
    3 for2 against
1 proposal not matched to one resolution
  • To utilize the unutilized amount aggregating to Rs.307.78 million (Unutilized Proceeds), comprising the balance remaining after utilization of the proceeds of the fresh issue portion (Fresh Issue Proceeds) towards the object of Funding a part of the capital expenditure for the new manufacturing facility at Panchla, West Bengal (Funding Capital Expenditure for Proposed Expansion) as stated in the prospectus dated 18th November, 2021 (the Prospectus) of the Company registered with the Registrar of Companies, Kolkata, West Bengal, in relation to the initial public offering (IPO), by end of Fiscal 2024, instead of Fiscal 2023.MoreLess
    3 for0 against

Mutual fund votes, meeting of 14 Jul 2023, 5 fund houses

  • To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended 31st March, 2023, together with the reports of the Board of Directors and the Auditors thereonMoreLess
    5 for0 against
  • To appoint a director in place of Mr. Rohan Sehgal (DIN: 06963013), who retires by rotation in terms of Section 152(6) of the Companies Act, 2013 and being eligible, offers himself for re-appointment
    5 for0 against
  • To appoint Auditors and fix their remuneration
    5 for0 against
  • To re-appoint Mr. Viresh Oberai (DIN: 00524892), as an Independent Director of the Company
    5 for0 against
  • To re-appoint Mr. Sanjive Sehgal (DIN: 00787232), as a Managing Director and Chairman of the Company
    Against Motilal Oswal Mutual Fund, Nippon India Mutual Fund
    • Motilal Oswal Mutual Fund"Re-appointment compliant with law. Governance concern: Holding position of Chairperson and Managing Director. Guaranteed bonus/ commission exceeding 20% of total pay."
    • Nippon India Mutual FundGuaranteed bonus
    3 for2 against
  • To re-appoint Mr. Rohan Sehgal (DIN: 06963013), as a Whole Time Director of the Company
    Against Motilal Oswal Mutual Fund, Nippon India Mutual Fund
    • Motilal Oswal Mutual FundRe-appointment compliant with law. Governance concern: Guaranteed bonus/ commission exceeding 20% of total pay.
    • Nippon India Mutual FundGuaranteed bonus
    3 for2 against
  • To approve the ‘Tarsons Products Limited- Employee Stock Option Plan 2023’
    Against Edelweiss Mutual Fund
    • Edelweiss Mutual FundQualification and Experience
    4 for1 against

Mutual fund votes, meeting of 29 Jul 2022, 5 fund houses

  • To receive, consider and adopt-n(a) the audited standalone financial statements of the Company for the financial year ended 31st March 2022, together with the reports of the Board of Directors and the Auditors thereon; andn(b) the audited consolidated financial statements of the Company for the financial year ended 31st March 2022, together with the Report of the Auditors thereon.MoreLess
    5 for0 against
  • Approval for appointment of Mr. Sanjive Sehgal (DIN: 00787232) as Director of the Company, who retires by rotation and being eligible offers himself for re-appointment.
    5 for0 against
  • Approval of charges for service of documents through a particular mode as may be sought by the members of the Company in accordance with Section 20 of the Companies Act, 2013
    5 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 Sep 2026.

  • Tax disputeAdditional Commissioner of Revenue, KolkataSince 28 Feb 2025
    The Company has filed a Writ Petition before the Hon'ble calcutta High Court challenging the order passed by the Appellant Authority on July 1, 2025.
    At the filing before: An appeal order has been passed reducing the demand of GST from ₹ 68,04,061 along with interest and penalty to ₹ 56,45,599.28 along with interest and penalty at an appropriate rate relevant to Financial Year 2018-19MoreLess
  • Tax disputeJoint Commissioner of Customs Adjudication (I), ACC, Mumbai Zone-IISince 22 Aug 2025
    The Company has filed a further appeal before the Appellate Authority against the order.
    At the filing before: The Company has received an order from the Joint Commissioner of Customs Adjudication (I), ACC, Mumbai Zone-III under Section 28(4) of the Customs Act, 1962, raising a demand of ₹4,50,835/- for short-paid duty due to an incorrect exemption claim under Notification No. 46/2011-Customs, along with applicable interest. The order also imposes a penalty equivalent to the duty and interest under Section 114A, and a Redemption Fine of ₹7,00,000/- under Section 125(1), as the imported goods are no longer available for confiscation.MoreLess

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

Investor complaints and compliance

Quarter by quarter.

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

  • Received
  • Resolved

Open at the quarter's end

None open at any quarter's end.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
Yes
The chair is related to the managing director
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.