Tatva Chintan Pharma Chem logo

Tatva Chintan Pharma Chem MD, chairman, board of directors and AGM

NSE: TATVABSE: 543321Chemicals & PetrochemicalsSmall Cap

Last close ₹1,569.30down ₹94.80 (5.70%)BSE ₹1,572.10

Share price at the NSE close on 23 Oct 2026. Previous close ₹1,664.10.

52-week range of traded prices to 23 Oct 2026
₹1,044.10Low, 30 Mar 2026₹2,113.60High, 21 Oct 2026
Market cap
₹3,671 Cr999th largest listed
P/E
58.3
P/B
4.5
Dividend yield
0.13%
ROE
8.0%
ROCE
8.8%
Debt to equity
0.21
Volume, NSE
2,50,09037.5% delivered

Tatva Chintan Pharma Chem 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 directorChintan Nitinkumar ShahRelated to the promoter
  • Company Secretary and Compliance OfficerISHWAR NAYI

6 directors3 independent3 executive

  • Chintan Nitinkumar Shah · Chairperson and managing directorExecutive · joined Jun 1996 · reappointed Feb 2026 · 1 listed board · 1 committee seat
  • Ajaykumar Mansukhlal PatelExecutive · joined Jun 1996 · reappointed Feb 2026 · 1 listed board
  • Shekhar Rasiklal SomaniExecutive · joined Jun 1996 · reappointed Feb 2026 · 1 listed board · 1 committee seat
  • Subhash Ambubhai PatelIndependent · joined Feb 2021 · reappointed Feb 2026 · 67 months as independent · 2 listed boards · 2 as independent · 4 committee seats, 2 as chair
  • Manher Chimanlal DesaiIndependent · joined Feb 2021 · reappointed Feb 2026 · 67 months as independent · 1 listed board · 1 as independent · 2 committee seats
  • Avani Rajesh UmattIndependent · joined Feb 2021 · reappointed Feb 2026 · 67 months as independent · 1 listed board · 1 as independent · 1 committee seat

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

    • 17 Jul 20266 of 6 present3 independent · 61 days in between
    • 16 May 20266 of 6 present3 independent

  • Audit Committee

    Chair Subhash Ambubhai Patel

    Manher Chimanlal Desai, Chintan Nitinkumar Shah, Avani Rajesh Umatt

    • 17 Jul 20264 of 4 present3 independent · 61 days in between
    • 16 May 20264 of 4 present3 independent

  • Nomination and remuneration committee

    Chair Manher Chimanlal Desai

    Subhash Ambubhai Patel, Avani Rajesh Umatt

    • 17 Jul 20263 of 3 present3 independent · 61 days in between
    • 16 May 20263 of 3 present3 independent

  • Stakeholders Relationship Committee

    Chair Subhash Ambubhai Patel

    Shekhar Rasiklal Somani, Manher Chimanlal Desai

    No meeting listed in the filing.

  • Risk Management Committee

    Chair Shekhar Rasiklal Somani

    Subhash Ambubhai Patel, Manher Chimanlal Desai, Harish Laljibhai Patel, Rakeshkumar Phoolchand Poonia

    No meeting listed in the filing.

  • Corporate Social Responsibility Committee

    Chair Avani Rajesh Umatt

    Subhash Ambubhai Patel, Ajaykumar Mansukhlal Patel

    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.

  • NDJ & Co.Peer-review certificate valid to Dec 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.

Tatva Chintan Pharma Chem 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.Tatva Chintan Pharma Chem dividend history

Annual general meeting, 25 Sep 2026

64,327 shareholders on the register on 18 Sep 2026; present: 11 promoters and 45 others; votes counted by Niraj Trivedi / TNT & Associates.The company's voting result (opens in a new tab)

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

    Against: promoters 0.00% · institutions 0.00% · other public 0.18%

    Turnout: all 78.36% · promoters 100.00% · institutions 80.95% · other public 0.55%

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

    Against: promoters 0.00% · institutions 0.00% · other public 0.16%

    Turnout: all 78.36% · promoters 100.00% · institutions 80.95% · other public 0.55%

  3. To declare dividend on equity shares for the financial year ended 31 March 2026.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 78.36% · promoters 100.00% · institutions 80.95% · other public 0.55%

  4. To appoint a Director in place of Mr. Shekhar Rasiklal Somani (DIN: 00183665) who retires by rotation and being eligible, offers himself for re-appointment.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.03% · other public 0.19%

    Turnout: all 78.36% · promoters 100.00% · institutions 80.95% · other public 0.55%

  5. Re-appointment of Mr. Chintan Nitinkumar Shah (DIN: 00183618), as the Managing Director of the Company for a period of three (3) years with effect from 01 February 2027 and fixation of remuneration.
    Special
    96.54% for3.46% against

    Against: promoters 0.00% · institutions 43.49% · other public 0.17%

    Turnout: all 78.36% · promoters 100.00% · institutions 80.95% · other public 0.55%

  6. Re-appointment of Mr. Ajaykumar Mansukhlal Patel (DIN: 00183745), as the Whole-time Director of the Company for a period of three (3) years with effect from 01 February 2027 and fixation of remuneration.MoreLess
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.25%

    Turnout: all 78.36% · promoters 100.00% · institutions 80.95% · other public 0.55%

  7. Re-appointment of Mr. Shekhar Rasiklal Somani (DIN: 00183665), as the Whole-time Director of the Company for a period of three (3) years with effect from 01 February 2027 and fixation of remuneration.
    Special
    100.00% for0.00% against

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

    Turnout: all 78.36% · promoters 100.00% · institutions 80.95% · other public 0.55%

  8. To approve the increase in the borrowing limit of the Company under Section 180(1)(c) of the Companies Act, 2013.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.43%

    Turnout: all 78.36% · promoters 100.00% · institutions 80.95% · other public 0.55%

  9. To approve the creation of charge(s) on assets of the Company 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 0.41%

    Turnout: all 78.36% · promoters 100.00% · institutions 80.95% · other public 0.55%

  10. Ratification of remuneration payable to the Cost Auditors for the Financial Year 2026-27.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 78.36% · promoters 100.00% · institutions 80.95% · other public 0.55%

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, 26 Sep 2025, 12 resolutions

74,978 shareholders on the register on 19 Sep 2025; present: 11 promoters and 39 others; votes counted by Niraj Trivedi / TNT & Associates.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended 31 March 2025, together with the Reports of the Board of Directors and the Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 78.98% · promoters 100.00% · institutions 93.15% · other public 0.94%

  2. To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the financial year ended 31 March 2025, together with the Report of the Auditors thereon.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 78.98% · promoters 100.00% · institutions 93.15% · other public 0.94%

  3. To declare dividend on equity shares for the financial year ended 31 March 2025.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 78.98% · promoters 100.00% · institutions 93.15% · other public 0.94%

  4. To appoint a Director in place of Mr. Ajaykumar Mansukhlal Patel (DIN: 00183745) who retires by rotation and being eligible, offers himself for re-appointment.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.02% · other public 0.21%

    Turnout: all 78.98% · promoters 100.00% · institutions 93.15% · other public 0.94%

  5. Re-appointment of Mr. Chintan Nitinkumar Shah (DIN: 00183618), as the Managing Director of the Company for a period of one (1) year with effect from 01 February 2026 and fixation of remuneration.
    Special
    96.91% for3.09% against

    Against: promoters 0.00% · institutions 36.01% · other public 0.27%

    Turnout: all 78.98% · promoters 100.00% · institutions 93.15% · other public 0.94%

  6. Re-appointment of Mr. Ajaykumar Mansukhlal Patel (DIN: 00183745), as the Whole-time Director of the Company for a period of one (1) year with effect from 01 February 2026 and fixation of remuneration.
    Special
    100.00% for0.00% against

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

    Turnout: all 78.98% · promoters 100.00% · institutions 93.15% · other public 0.94%

  7. Re-appointment of Mr. Shekhar Rasiklal Somani (DIN: 00183665), as the Whole-time Director of the Company for a period of one (1) year with effect from 01 February 2026 and fixation of remuneration.
    Special
    100.00% for0.00% against

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

    Turnout: all 78.98% · promoters 100.00% · institutions 93.15% · other public 0.94%

  8. Re-appointment of Mr. Subhash Ambubhai Patel (DIN: 00535221) as an Independent Director of the Company
    Special
    100.00% for0.00% against

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

    Turnout: all 78.98% · promoters 100.00% · institutions 93.15% · other public 0.94%

  9. Re-appointment of Mr. Manher Chimanlal Desai (DIN: 09042598) as an Independent Director of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.02% · other public 0.21%

    Turnout: all 78.98% · promoters 100.00% · institutions 93.15% · other public 0.94%

  10. Re-appointment of Mrs. Avani Rajesh Umatt (DIN: 09046170) as an Independent Director of the Company
    Special
    100.00% for0.00% against

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

    Turnout: all 78.98% · promoters 100.00% · institutions 93.15% · other public 0.94%

  11. Appointment of Secretarial Auditors of the Company
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 78.98% · promoters 100.00% · institutions 93.15% · other public 0.94%

  12. Ratification of remuneration payable to the Cost Auditors for the Financial Year 2025-26
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 78.98% · promoters 100.00% · institutions 93.15% · other public 0.94%

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, 20 Sep 2024, 8 resolutions

Present: 11 promoters and 42 others.The company's voting result (opens in a new tab)

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

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

    Turnout: all 83.27% · promoters 100.00% · institutions 96.55% · other public 0.75%

  2. To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the financial year ended 31 March 2024, together with the Report of the Auditors thereon.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 83.27% · promoters 100.00% · institutions 96.55% · other public 0.75%

  3. To declare dividend on equity shares for the financial year ended 31 March 2024.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 83.27% · promoters 100.00% · institutions 96.55% · other public 0.75%

  4. To appoint a Director in place of Mr. Chintan Nitinkumar Shah (DIN: 00183618) who retires by rotation and being eligible, offers himself for re-appointment.
    Ordinary
    94.28% for5.72% against

    Against: promoters 0.00% · institutions 42.80% · other public 3.04%

    Turnout: all 83.27% · promoters 100.00% · institutions 96.55% · other public 0.75%

  5. To consider and approve managerial remuneration payable to Mr. Chintan Nitinkumar Shah (DIN: 00183618) being Managing Director of the Company for his remaining tenure.
    SpecialPromoters have an interest in it
    99.80% for0.20% against

    Against: promoters 0.00% · institutions 1.48% · other public 3.35%

    Turnout: all 83.27% · promoters 100.00% · institutions 96.55% · other public 0.75%

  6. To consider and approve managerial remuneration payable to Mr. Ajaykumar Mansukhlal Patel (DIN: 00183745) being Wholetime Director of the Company for his remaining tenure.
    SpecialPromoters have an interest in it
    99.80% for0.20% against

    Against: promoters 0.00% · institutions 1.48% · other public 3.35%

    Turnout: all 83.27% · promoters 100.00% · institutions 96.55% · other public 0.75%

  7. To consider and approve managerial remuneration payable to Mr. Shekhar Rasiklal Somani (DIN: 00183665) being Wholetime Director of the Company for his remaining tenure.
    SpecialPromoters have an interest in it
    99.80% for0.20% against

    Against: promoters 0.00% · institutions 1.48% · other public 3.35%

    Turnout: all 83.27% · promoters 100.00% · institutions 96.55% · other public 0.75%

  8. Ratification of remuneration payable to the Cost Auditors for the Financial Year 2024-25
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.04%

    Turnout: all 83.27% · promoters 100.00% · institutions 96.55% · other public 0.75%

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 2023, 6 resolutions

Present: 11 promoters and 34 others.The company's voting result (opens in a new tab)

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

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

    Turnout: all 88.12% · promoters 100.00% · institutions 86.91% · other public 0.32%

  2. To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the financial year ended 31 March 2023, together with the Report of the Auditors thereon.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 88.12% · promoters 100.00% · institutions 86.91% · other public 0.32%

  3. To declare dividend on equity shares for the financial year ended 31 March 2023.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 88.12% · promoters 100.00% · institutions 86.91% · other public 0.32%

  4. To appoint a Director in place of Mr. Shekhar Rasiklal Somani (DIN: 00183665) who retires by rotation and being eligible, offers himself for re-appointment.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.02% · other public 2.80%

    Turnout: all 88.12% · promoters 100.00% · institutions 86.91% · other public 0.32%

  5. Re-appointment of Statutory Auditors of the Company.
    Ordinary
    99.86% for0.14% against

    Against: promoters 0.00% · institutions 0.76% · other public 0.38%

    Turnout: all 88.12% · promoters 100.00% · institutions 86.91% · other public 0.32%

  6. Ratification of remuneration payable to the Cost Auditors for the Financial Year 2023-24.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.52%

    Turnout: all 88.12% · promoters 100.00% · institutions 86.91% · other public 0.32%

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, 13 Aug 2023, 1 resolution

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

  1. To Consider and Approve Raising of the Funds through issuance of securities of the Company by way of Qualified Institutional Placement (QIP) and other Permissible Modes for an amount not exceeding Rs. 2,000 million.MoreLess
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.31%

    Turnout: all 91.27% · promoters 100.00% · institutions 84.55% · other public 0.74%

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 2022, 5 resolutions

Present: 11 promoters and 42 others.The company's voting result (opens in a new tab)

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

    Against: promoters 0.00% · institutions 0.00% · other public 0.61%

    Turnout: all 92.06% · promoters 100.00% · institutions 88.00% · other public 0.20%

  2. To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the financial year ended 31 March 2022, together with the Report of the Auditors thereon.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.61%

    Turnout: all 92.06% · promoters 100.00% · institutions 88.00% · other public 0.20%

  3. To declare dividend on equity shares for the financial year ended 31 March 2022.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.71%

    Turnout: all 92.06% · promoters 100.00% · institutions 88.00% · other public 0.20%

  4. To appoint a Director in place of Mr. Ajaykumar Mansukhlal Patel (DIN: 00183745) who retires by rotation and being eligible, offers himself for re-appointment.
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.86%

    Turnout: all 92.06% · promoters 100.00% · institutions 88.00% · other public 0.20%

  5. Ratification of remuneration payable to the Cost Auditors for the Financial Year 2022-23.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 92.06% · promoters 100.00% · institutions 88.00% · other public 0.20%

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

Annual general meeting, 29 Sep 2021, 7 resolutions

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

  1. To receive, consider and adopt a) the Audited Standalone Financial Statements of the Company for the financial year ended on 31 March 2021, together with the reports of the Board of Directors��� and Auditors��� thereon and b) the Audited Consolidated Financial statements of the Company for the financial year ended 31 March 2021, and report of the Auditors thereonnMoreLess
    Ordinary
    100.00% for0.00% against
  2. Authorization to invests, give guarantee or providing securities or investment made
    Special
    95.92% for4.08% against
  3. Authority to create mortgages, charges and hypothecations on properties of the Company
    Special
    100.00% for0.00% against
  4. To Borrow money in excess of the paid-up share capital and free reserves of the Company
    Special
    100.00% for0.00% against
  5. Ratification of remuneration payable to the Cost Auditors for the Financial Year 2021-22
    Ordinary
    100.00% for0.00% against
  6. To appoint a director in place of Mr. Chintan Nitinkumar Shah (DIN: 00183618) who retires by rotation and being eligible offers himself for reappointment
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against
  7. To confirm the interim dividend of Rs. 5 per equity share of Rs. 10 each of the company and consider the same as final dividend for the financial year ended on 31 March 2021
    Ordinary
    100.00% for0.00% against

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

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 Statements of the Company for the financial year ended 31 March 2026, together with the Reports of the Board of Directors and the Auditors thereon.MoreLess
    1 for0 against
  • To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the financial year ended 31 March 2026, together with the Report of the Auditors thereon.
    1 for0 against
  • To declare dividend on equity shares for the financial year ended 31 March 2026.
    1 for0 against
  • To appoint a Director in place of Mr. Shekhar Rasiklal Somani (DIN: 00183665) who retires by rotation and being eligible, offers himself for re-appointment.
    1 for0 against
  • Re-appointment of Mr. Chintan Nitinkumar Shah (DIN: 00183618), as the Managing Director of the Company for a period of three (3) years with effect from 01 February 2027 and fixation of remuneration.
    1 for0 against
  • Re-appointment of Mr. Ajaykumar Mansukhlal Patel (DIN: 00183745), as the Whole-time Director of the Company for a period of three (3) years with effect from 01 February 2027 and fixation of remuneration.MoreLess
    1 for0 against
  • Re-appointment of Mr. Shekhar Rasiklal Somani (DIN: 00183665), as the Whole-time Director of the Company for a period of three (3) years with effect from 01 February 2027 and fixation of remuneration.
    1 for0 against
  • Ratification of remuneration payable to the Cost Auditors for the Financial Year 2026-27.
    1 for0 against
2 proposals not matched to one resolution
  • To borrow from time to time such sum or sums as they may deem appropriate for the purposes of the Company notwithstanding that the monies already borrowed and the monies to be borrowed (apart from temporary loans obtained from company’s bankers in the ordinary course of business) will exceed the paid-up share capital of the Company, free reserves not set apart for any specific purpose and securities premium, provided that the total amount upto which monies may be borrowed by the Company shall not exceed Rs. 1,000,00,00,000 at any one time.MoreLess
    1 for0 against
  • To hypothecate, pledge, mortgage, charge or create any other encumbrance in all or any part of movable or immovable properties of the Company and the whole or part of the undertaking of the Company of every nature and kind whatsoever and / or creating a floating charge in all or any movable or immovable properties of the Company and the whole of the undertaking of the Company together with power to take over the management of the business and concern of the Company in certain events to or in favour of Banks, Financial Institutions, any other lenders or debenture trustees or security trustees to secure the amount borrowed by the Company or any third party from time to time for the due payment of the principal together with interest, charges, costs, expenses and all other monies payable by the Company or any third party in respect of such borrowings provided that the maximum limit of the obligations secured by such security interest created by the Company does not exceed Rs. 1,000,00,00,000 at any one time.MoreLess
    1 for0 against

Mutual fund votes, meeting of 26 Sep 2025, 3 fund houses

  • To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended 31 March 2025, together with the Reports of the Board of Directors and the Auditors thereon.MoreLess
    3 for0 against
  • To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the financial year ended 31 March 2025, together with the Report of the Auditors thereon.
    3 for0 against
  • To declare dividend on equity shares for the financial year ended 31 March 2025.
    3 for0 against
  • To appoint a Director in place of Mr. Ajaykumar Mansukhlal Patel (DIN: 00183745) who retires by rotation and being eligible, offers himself for re-appointment.
    3 for0 against
  • Re-appointment of Mr. Chintan Nitinkumar Shah (DIN: 00183618), as the Managing Director of the Company for a period of one (1) year with effect from 01 February 2026 and fixation of remuneration.
    Against Motilal Oswal Mutual Fund, Nippon India Mutual Fund
    • Motilal Oswal Mutual FundCompliant with law. Governance concern: Holding combined position of Chairman and Managing Director of the Company.
    • Nippon India Mutual FundGovernance concern: Holding combined position of Chairman and Managing Director of the Company.
    1 for2 against
  • Re-appointment of Mr. Ajaykumar Mansukhlal Patel (DIN: 00183745), as the Whole-time Director of the Company for a period of one (1) year with effect from 01 February 2026 and fixation of remuneration.
    3 for0 against
  • Re-appointment of Mr. Shekhar Rasiklal Somani (DIN: 00183665), as the Whole-time Director of the Company for a period of one (1) year with effect from 01 February 2026 and fixation of remuneration.
    3 for0 against
  • Re-appointment of Mr. Subhash Ambubhai Patel (DIN: 00535221) as an Independent Director of the Company
    3 for0 against
  • Re-appointment of Mr. Manher Chimanlal Desai (DIN: 09042598) as an Independent Director of the Company
    3 for0 against
  • Re-appointment of Mrs. Avani Rajesh Umatt (DIN: 09046170) as an Independent Director of the Company
    3 for0 against
  • Appointment of Secretarial Auditors of the Company
    3 for0 against
  • Ratification of remuneration payable to the Cost Auditors for the Financial Year 2025-26
    3 for0 against
5 earlier meetings

Mutual fund votes, meeting of 20 Sep 2024, 3 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 Statements of the Company for the financial year ended 31 March 2024, together with the Reports of the Board of Directors and the Auditors thereon.MoreLess
    3 for0 against
  • To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the financial year ended 31 March 2024, together with the Report of the Auditors thereon.
    3 for0 against
  • To declare dividend on equity shares for the financial year ended 31 March 2024.
    3 for0 against
  • To appoint a Director in place of Mr. Chintan Nitinkumar Shah (DIN: 00183618) who retires by rotation and being eligible, offers himself for re-appointment.
    Against Nippon India Mutual Fund
    • Nippon India Mutual FundRe-appointment compliant with law. No concern on the merits of appointee. Governance concern: Holds combined position of Chairman and Managing Director of the company.
    2 for1 against
  • To consider and approve managerial remuneration payable to Mr. Chintan Nitinkumar Shah (DIN: 00183618) being Managing Director of the Company for his remaining tenure.
    3 for0 against
  • To consider and approve managerial remuneration payable to Mr. Ajaykumar Mansukhlal Patel (DIN: 00183745) being Wholetime Director of the Company for his remaining tenure.
    3 for0 against
  • To consider and approve managerial remuneration payable to Mr. Shekhar Rasiklal Somani (DIN: 00183665) being Wholetime Director of the Company for his remaining tenure.
    3 for0 against
  • Ratification of remuneration payable to the Cost Auditors for the Financial Year 2024-25
    2 for0 against
1 proposal not matched to one resolution
  • 8) Ratify remuneration of Rs. 65,000 (excluding taxes and out of pocket expenses) to Zarna Thakar & Associates as cost auditors for FY25.
    1 for0 against

Mutual fund votes, meeting of 22 Sep 2023, 6 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 Statements of the Company for the financial year ended 31 March 2023, together with the Reports of the Board of Directors and the Auditors thereon.MoreLess
    6 for0 against
  • To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the financial year ended 31 March 2023, together with the Report of the Auditors thereon.
    6 for0 against
  • To declare dividend on equity shares for the financial year ended 31 March 2023.
    6 for0 against
  • To appoint a Director in place of Mr. Shekhar Rasiklal Somani (DIN: 00183665) who retires by rotation and being eligible, offers himself for re-appointment.
    6 for0 against
  • Re-appointment of Statutory Auditors of the Company.
    6 for0 against
  • Ratification of remuneration payable to the Cost Auditors for the Financial Year 2023-24.
    5 for0 against
1 proposal not matched to one resolution
  • 6) Ratify remuneration of Rs. 65,000 (excluding taxes and out of pocket expenses) to Zarna Thakar & Associates as cost auditors for FY24.
    1 for0 against

Mutual fund votes, meeting of 13 Aug 2023, 5 fund houses

  • To Consider and Approve Raising of the Funds through issuance of securities of the Company by way of Qualified Institutional Placement (QIP) and other Permissible Modes for an amount not exceeding Rs. 2,000 million.MoreLess
    5 for0 against

Mutual fund votes, meeting of 22 Sep 2022, 5 fund houses

  • To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended 31 March 2022, together with the Reports of the Board of Directors and the Auditors thereon.MoreLess
    5 for0 against
  • To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the financial year ended 31 March 2022, together with the Report of the Auditors thereon.
    5 for0 against
  • To declare dividend on equity shares for the financial year ended 31 March 2022.
    5 for0 against
  • To appoint a Director in place of Mr. Ajaykumar Mansukhlal Patel (DIN: 00183745) who retires by rotation and being eligible, offers himself for re-appointment.
    5 for0 against
  • Ratification of remuneration payable to the Cost Auditors for the Financial Year 2022-23.
    5 for0 against

Mutual fund votes, meeting of 29 Sep 2021, 6 fund houses

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

  • To receive, consider and adopt a) the Audited Standalone Financial Statements of the Company for the financial year ended on 31 March 2021, together with the reports of the Board of Directors��� and Auditors��� thereon and b) the Audited Consolidated Financial statements of the Company for the financial year ended 31 March 2021, and report of the Auditors thereonnMoreLess
    6 for0 against
  • Authorization to invests, give guarantee or providing securities or investment made
    3 for0 against
  • Authority to create mortgages, charges and hypothecations on properties of the Company
    6 for0 against
  • To Borrow money in excess of the paid-up share capital and free reserves of the Company
    3 for0 against
  • Ratification of remuneration payable to the Cost Auditors for the Financial Year 2021-22
    6 for0 against
  • To appoint a director in place of Mr. Chintan Nitinkumar Shah (DIN: 00183618) who retires by rotation and being eligible offers himself for reappointment
    6 for0 against
  • To confirm the interim dividend of Rs. 5 per equity share of Rs. 10 each of the company and consider the same as final dividend for the financial year ended on 31 March 2021
    6 for0 against
4 proposals not matched to one resolution
  • 5) Approve borrowing limit of Rs. 3 bn.
    1 for0 against
  • 7) Approve loans/ investments/ guarantees by the Company up to Rs. 5.0 bn under Section 186 of the Companies Act, 2013.
    1 for0 against
  • Approve borrowing limit of Rs. 3 bn
    2 for0 against
  • Approve loans/investments/guarantees by the company up to Rs. 5.0 bn under Section 186 of the Companies Act, 2013
    2 for0 against

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

Investor complaints and compliance

Quarter by quarter.

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

  • Received
  • Resolved

Open at the quarter's end

None open at any quarter's end.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
Yes
The chair is related to the managing director
Yes
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
No
There was a cyber security incident in the quarter
No

The company's own answers in its filing.