Transport Corporation of India MD, chairman, board of directors and AGM
NSE: TCIBSE: 532349Transport ServicesSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹874.05.
- Next results date: the board meets on 27 Oct 2026 to consider: financial results and fund raising.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹6,565 Cr646th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 30 Jul 2026
- 14.3
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 26 May 2026
- 2.6
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 1.17%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 30 Jul 2026
- 19.4%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 30 Jul 2026
- 14.0%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 26 May 2026
- 0.08
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 20,50542.9% delivered
Transport Corporation of India 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
- Chairperson and managing directorDharmpal AgarwalRelated to the promoter
- Managing directorVineet Agarwal
- Company Secretary and Compliance OfficerHansa Sharma
10 directors5 independent2 executive3 non-executive
- Dharmpal Agarwal · Chairperson and managing directorExecutive · joined Sep 1998 · reappointed Jul 2023 · 4 listed boards · 1 as independent · 1 committee seat
- Satyanarayan AgarwalNon-executive · joined Jan 1995 · reappointed Jul 2025 · 1 listed board · 3 committee seats, 1 as chair
- Vijay SankarIndependent · joined Nov 2016 · reappointed Aug 2021 · 115 months as independent · 4 listed boards · 3 as independent · 4 committee seats
- Gita NayyarIndependent · joined May 2019 · reappointed May 2024 · 85 months as independent · 2 listed boards · 2 as independent · 6 committee seats, 1 as chair
- Ravikant UppalIndependent · joined Oct 2019 · reappointed Oct 2024 · 80 months as independent · 2 listed boards · 2 as independent · 3 committee seats, 1 as chair
- Urmila AgarwalNon-executive · joined Nov 2012 · reappointed Jul 2024 · 1 listed board
- Chander AgarwalNon-executive · joined Sep 2006 · reappointed Jul 2024 · 2 listed boards · 2 committee seats
- Vineet Agarwal · Managing directorExecutive · joined Jun 1998 · reappointed Jul 2023 · 4 listed boards · 2 as independent · 5 committee seats
- Vikrampati SinghaniaIndependent · joined Jul 2021 · reappointed Jul 2021 · 59 months as independent · 4 listed boards · 3 as independent · 3 committee seats, 1 as chair
- Avinash GuptaIndependent · joined Oct 2023 · reappointed Oct 2023 · 32 months as independent · 3 listed boards · 3 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.
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 26 May 202610 of 10 present5 independent · 110 days in between
- 4 Feb 202610 of 10 present5 independent
Audit Committee
Chair Ravikant Uppal
Satyanarayan Agarwal, Vijay Sankar, Gita Nayyar
- 26 May 20263 of 3 present2 independent · 110 days in between
- 4 Feb 20263 of 3 present2 independent
Nomination and remuneration committee
Chair Vikrampati Singhania
Avinash Gupta, Satyanarayan Agarwal
- 26 May 20263 of 3 present2 independent
Stakeholders Relationship Committee
Chair Satyanarayan Agarwal
Gita Nayyar, Chander Agarwal
No meeting listed in the filing.
Risk Management Committee
Chair Avinash Gupta
Ravikant Uppal, Vineet Agarwal
- 15 Apr 20262 of 3 present1 independent
Corporate Social Responsibility Committee
Chair Gita Nayyar
Dharmpal Agarwal, Urmila Agarwal, Chander Agarwal
- 24 Apr 20263 of 4 present1 independent
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Mar 2026.
- Brahmayya & Co., Chartered AccountantsPeer-review certificate valid to Apr 2027
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Transport Corporation of India 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.Transport Corporation of India dividend history
Annual general meeting, 30 Jul 2026
48,610 shareholders on the register on 23 Jul 2026; present: 11 promoters and 74 others; votes counted by Vasanth Kumar Bajaj / VK Bajaj & Associates.The company's voting result (opens in a new tab)
To receive, consider and adopt the Audited Financial Statements (Standalone and Consolidated) of the Company for the financial year (“FY”) ended March 31, 2026 together with the reports of Board of Directors and Auditors thereonMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 83.32% · promoters 98.88% · institutions 91.63% · other public 5.55%
- To declare a final dividend of Re 1 per equity share, of face value of Re 2/- each for FY26Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 83.50% · promoters 98.88% · institutions 92.79% · other public 5.55%
- To appoint a Director in place of Mr. Chander Agarwal (DIN: 00818139), who retires by rotation and, being eligible, offers himself for re-appointmentOrdinaryPromoters have an interest in it99.75% for0.25% against
Against: promoters 0.00% · institutions 1.44% · other public 0.02%
Turnout: all 83.50% · promoters 98.88% · institutions 92.79% · other public 5.55%
- To appoint a Director in place of Ms. Urmila Agarwal (DIN: 00818165), who retires by rotation and, being eligible, offers herself for re-appointmentOrdinaryPromoters have an interest in it99.84% for0.16% against
Against: promoters 0.00% · institutions 0.92% · other public 0.02%
Turnout: all 83.50% · promoters 98.88% · institutions 92.79% · other public 5.55%
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.
Postal ballot, 14 Mar 2026, 1 resolution
47,942 shareholders on the register on 10 Feb 2026; votes counted by Vasanth Kumar Bajaj / VK Bajaj & Associates.The company's voting result (opens in a new tab)
- To consider and approve material Related Party Transactions between TCI-CONCOR Multimodal Solutions Pvt. Ltd., subsidiary of the Company, and Container Corporation of India LtdOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.11%
Turnout: all 83.55% · promoters 98.88% · institutions 92.05% · other public 5.84%
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, 28 Jul 2025, 8 resolutions
50,968 shareholders on the register on 21 Jul 2025; present: 12 promoters and 89 others; votes counted by Vasant Kumar Bajaj / VK Bajaj & Associates.The company's voting result (opens in a new tab)
To receive, consider and adopt the Audited Financial Statements (Standalone & Consolidated) of the Company for the financial year (“FY”) ended 31st March, 2025 together with the Reports of Directors and Auditors thereonMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 82.48% · promoters 98.88% · institutions 87.05% · other public 5.92%
- To appoint a Director in place of Mr. D P Agarwal (DIN: 00084105) who retires by rotation and, being eligible, offers himself for re-appointment.OrdinaryPromoters have an interest in it99.60% for0.40% against
Against: promoters 0.00% · institutions 2.37% · other public 0.03%
Turnout: all 82.67% · promoters 98.88% · institutions 88.27% · other public 5.92%
- To appoint a Director in place of Mr. S N Agarwal (DIN: 00111187) who retires by rotation and, being eligible, offers himself for re-appointmentOrdinaryPromoters have an interest in it99.63% for0.37% against
Against: promoters 0.00% · institutions 2.23% · other public 0.03%
Turnout: all 82.67% · promoters 98.88% · institutions 88.27% · other public 5.92%
- Continuation of appointment of Mr. S N Agarwal (DIN: 00111187) as Non-Executive Director aged 80 yearsSpecialPromoters have an interest in it99.85% for0.15% against
Against: promoters 0.00% · institutions 0.88% · other public 0.05%
Turnout: all 82.67% · promoters 98.88% · institutions 88.27% · other public 5.92%
- Re-appointment of Mr. Vikrampati Singhania (DIN: 00040659) as Non-Executive Independent Director for the second term of 5 (Five) consecutive yearsSpecial98.76% for1.24% against
Against: promoters 0.00% · institutions 7.43% · other public 0.54%
Turnout: all 82.67% · promoters 98.88% · institutions 88.27% · other public 5.92%
- To consider and approve payment of remuneration to Non-Executive Directors by way of commission for a period of five years effective from FY 2025-26SpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.11%
Turnout: all 82.67% · promoters 98.88% · institutions 88.27% · other public 5.92%
- Authorize Borrowings by way of Issuance of Non-Convertible Debentures/Bonds/Other similar InstrumentsSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.07%
Turnout: all 82.67% · promoters 98.88% · institutions 88.27% · other public 5.92%
- Appointment of M/S Vinod Kothari & Company, Practicing Company Secretaries as Secretarial AuditorsOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 82.66% · promoters 98.88% · institutions 88.20% · other public 5.92%
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, 27 Jul 2024, 7 resolutions
Present: 9 promoters and 50 others.The company's voting result (opens in a new tab)
To consider and adopt the Audited Financial Statements (Standalone & Consolidated) of the Company for the financial year ended 31st March 2024 together with the Reports of Directors and Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 83.37% · promoters 100.00% · institutions 89.97% · other public 6.46%
- To declare a Final Dividend of ` 2/- per Equity Share, if any for FY 2023-24.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 83.54% · promoters 100.00% · institutions 91.09% · other public 6.46%
- To appoint a Director in place of Ms. Urmila Agarwal (DIN: 00818165), who retires by rotation and, being eligible, offers himself for re-appointment.OrdinaryPromoters have an interest in it99.91% for0.09% against
Against: promoters 0.00% · institutions 0.44% · other public 0.00%
Turnout: all 68.39% · promoters 78.00% · institutions 91.06% · other public 6.46%
- To appoint a Director in place of Mr. Chander Agarwal (DIN: 00818139) who retires by rotation and, being eligible, offers himself for re-appointment.OrdinaryPromoters have an interest in it99.84% for0.16% against
Against: promoters 0.00% · institutions 0.78% · other public 0.00%
Turnout: all 68.39% · promoters 78.00% · institutions 91.06% · other public 6.46%
- Re-appointment of Ms. Gita Nayyar (DIN: 07128438) as Non-Executive Independent Director for the second term of 5 (Five) consecutive yearsSpecial99.94% for0.06% against
Against: promoters 0.00% · institutions 0.37% · other public 0.00%
Turnout: all 83.54% · promoters 100.00% · institutions 91.06% · other public 6.46%
- Re-appointment of Mr. Ravi Uppal (DIN: 00025970) as Non-Executive Independent Director for the second term of 5 (Five) consecutive yearsSpecial99.05% for0.95% against
Against: promoters 0.00% · institutions 5.78% · other public 0.00%
Turnout: all 83.54% · promoters 100.00% · institutions 91.06% · other public 6.46%
- Authorize Borrowings by way of Issuance of Non-Convertible Debentures/Bonds/Other similar InstrumentsSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 83.54% · promoters 100.00% · institutions 91.09% · other public 6.46%
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, 27 Jan 2024, 1 resolution
The company's voting result (opens in a new tab)
- Appointment of Mr. Avinash Gupta (DIN: 02783217) as an Independent Director of the CompanySpecial99.91% for0.09% against
Against: promoters 0.00% · institutions 0.52% · other public 0.04%
Turnout: all 83.57% · promoters 98.90% · institutions 94.79% · other public 5.00%
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, 31 Jul 2023, 7 resolutions
Present: 8 promoters and 71 others.The company's voting result (opens in a new tab)
To consider and adopt the Audited Financial Statements (Standalone & Consolidated) of the Company for the financial year ended 31st March 2023 together with the Reports of Directors and Auditors thereon.MoreLess
Ordinary99.99% for0.01% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.83%
Turnout: all 84.87% · promoters 100.00% · institutions 94.12% · other public 9.23%
- To declare a Final Dividend of Rs. 2/- per Equity Share, if any for FY 2022-23.Ordinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.83%
Turnout: all 85.07% · promoters 100.00% · institutions 95.47% · other public 9.23%
- To appoint a Director in place of Mr. D P Agarwal (DIN: 00084105), who retires by rotation and, being eligible, offers himself for re-appointment.OrdinaryPromoters have an interest in it98.82% for1.18% against
Against: promoters 0.00% · institutions 5.02% · other public 0.83%
Turnout: all 63.06% · promoters 68.20% · institutions 94.86% · other public 9.23%
- To appoint a Director in place of Mr. S N Agarwal (DIN: 00111187), who retires by rotation and, being eligible, offers himself for re-appointment.OrdinaryPromoters have an interest in it96.72% for3.28% against
Against: promoters 0.00% · institutions 16.64% · other public 0.83%
Turnout: all 74.97% · promoters 85.35% · institutions 95.47% · other public 9.23%
- Re-appointment of Mr. D P Agarwal as Chairman & Managing DirectorSpecialPromoters have an interest in it82.38% for17.62% against
Against: promoters 0.00% · institutions 75.71% · other public 0.83%
Turnout: all 63.15% · promoters 68.20% · institutions 95.47% · other public 9.23%
- Re-appointment of Mr. Vineet Agarwal as Managing DirectorSpecialPromoters have an interest in it82.38% for17.62% against
Against: promoters 0.00% · institutions 75.71% · other public 0.83%
Turnout: all 63.15% · promoters 68.20% · institutions 95.47% · other public 9.23%
- Authorize Borrowings by way of Issuance of Non-Convertible Debentures/Bonds/Other similar Instruments.Special99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.86%
Turnout: all 85.04% · promoters 100.00% · institutions 95.47% · other public 9.04%
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, 2 Aug 2022, 10 resolutions
Present: 3 promoters and 77 others.The company's voting result (opens in a new tab)
To consider and adopt the Audited Financial Statements (Standalone Consolidated) of the Company for the financial year ended 31st March, 2022 together with the Reports of Directors and Auditors thereonMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 84.43% · promoters 100.00% · institutions 92.86% · other public 21.70%
- To declare a Final Dividend of Rs. 2/- per Equity Share for FY 2021-22Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 84.54% · promoters 100.00% · institutions 93.55% · other public 21.70%
- To appoint a Director in place of Mr. Chander Agarwal (DIN 00818139), who retires by rotation and, being eligible, offers himself for re-appointment.OrdinaryPromoters have an interest in it96.35% for3.65% against
Against: promoters 0.00% · institutions 4.68% · other public 0.02%
Turnout: all 18.13% · promoters 0.00% · institutions 93.55% · other public 21.70%
- To appoint a Director in place of Ms. Urmila Agarwal (DIN 00818165), who retires by rotation and, being eligible, offers herself for re-appointment.OrdinaryPromoters have an interest in it97.29% for2.71% against
Against: promoters 0.00% · institutions 3.48% · other public 0.02%
Turnout: all 18.13% · promoters 0.00% · institutions 93.55% · other public 21.70%
To consider and re-appoint M/s Brahmayya Co., Chartered Accountants, (Firm Registration Number 000511S), as Statutory Auditors of the Company, to hold office from the conclusion of this meeting until conclusion of the 32nd Annual General Meeting and to fix their remunerationMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 84.54% · promoters 100.00% · institutions 93.55% · other public 21.70%
- To consider approve related party transactions between TCI-CONCOR Multimodal Solutions Pvt. Ltd., a subsidiary company and Container Corporation of India Ltd.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 18.13% · promoters 0.00% · institutions 93.55% · other public 21.70%
- Amendment to the Employee Stock Option Scheme – 2017Special99.65% for0.35% against
Against: promoters 0.00% · institutions 2.10% · other public 0.03%
Turnout: all 84.54% · promoters 100.00% · institutions 93.55% · other public 21.70%
- Approval to extend the benefits under Employees Stock Option Scheme 2017 to the employees of Subsidiary Companies of the CompanySpecial90.63% for9.37% against
Against: promoters 0.00% · institutions 56.12% · other public 0.03%
Turnout: all 84.54% · promoters 100.00% · institutions 93.55% · other public 21.70%
- Approval to extend the benefits under Employees Stock Option Scheme 2017 to the employees of Group Company(ies) including Associate Company(ies) of the CompanySpecial90.63% for9.37% against
Against: promoters 0.00% · institutions 56.12% · other public 0.03%
Turnout: all 84.54% · promoters 100.00% · institutions 93.55% · other public 21.70%
- Authorize Borrowings by way of Issuance of Non- Convertible Debentures/Bonds/Other similar InstrumentsSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 84.54% · promoters 100.00% · institutions 93.55% · other public 21.70%
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, 3 Aug 2021, 8 resolutions
Present: 12 promoters and 52 others.The company's voting result (opens in a new tab)
- To, consider and adopt the Financial Statement (Standalone and Consolidated) for the FY ended 31st March, 2021, together with the report of the Board of Directors and Auditors thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 80.20% · promoters 100.00% · institutions 86.71% · other public 5.32%
- To consider and approve payment of final dividend for FY 2020 2021, if any.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 80.25% · promoters 100.00% · institutions 87.10% · other public 5.32%
- To appoint a Director in place of Mr. D. P. Agarwal, Chairman Managing Director, (DIN-00084105) who retires by rotation and, being eligible, offers himself for re-appointmentOrdinaryPromoters have an interest in it99.94% for0.06% against
Against: promoters 0.00% · institutions 0.26% · other public 0.00%
Turnout: all 58.48% · promoters 67.29% · institutions 87.10% · other public 5.32%
- To appoint a Director in place of Mr. S N Agarwal, Director, (DIN-00111187) who retires by rotation and, being eligible, offers himself for re-appointment.OrdinaryPromoters have an interest in it98.54% for1.46% against
Against: promoters 0.00% · institutions 8.05% · other public 0.00%
Turnout: all 70.10% · promoters 84.75% · institutions 87.10% · other public 5.32%
- To consider and approve re-appointment of Mr. Vijay Sankar (DIN-00007875) as Non-Executive Independent Director for a 2nd term of five consecutive years effective from 4th November, 2021Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 80.25% · promoters 100.00% · institutions 87.10% · other public 5.32%
- To consider and approve the appointment of Mr. Vikrampati Singhania (DIN 00040659), as Non- Executive Independent DirectorSpecial99.94% for0.06% against
Against: promoters 0.00% · institutions 0.40% · other public 0.00%
Turnout: all 80.25% · promoters 100.00% · institutions 87.10% · other public 5.32%
- To consider and approve payment of remuneration to Non-Executive Directors by way of commission for a period of five years effective from FY 2021-22SpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 75.49% · promoters 92.84% · institutions 87.10% · other public 5.32%
- Authorize Borrowings by way of Issuance of Non- Convertible Debentures/Bonds/Other similar Instruments.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 80.25% · promoters 100.00% · institutions 87.10% · other public 5.32%
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.
How mutual funds voted
Fund houses must disclose how they vote at every meeting of a company they hold.Funds that hold it
Mutual fund votes, meeting of 30 Jul 2026, 2 fund houses so far (houses' deadline to file 15 Oct 2026)
To receive, consider and adopt the Audited Financial Statements (Standalone and Consolidated) of the Company for the financial year (“FY”) ended March 31, 2026 together with the reports of Board of Directors and Auditors thereonMoreLess
2 for0 against- To declare a final dividend of Re 1 per equity share, of face value of Re 2/- each for FY262 for0 against
- To appoint a Director in place of Mr. Chander Agarwal (DIN: 00818139), who retires by rotation and, being eligible, offers himself for re-appointment2 for0 against
- To appoint a Director in place of Ms. Urmila Agarwal (DIN: 00818165), who retires by rotation and, being eligible, offers herself for re-appointment2 for0 against
Mutual fund votes, meeting of 14 Mar 2026, 6 fund houses
- To consider and approve material Related Party Transactions between TCI-CONCOR Multimodal Solutions Pvt. Ltd., subsidiary of the Company, and Container Corporation of India Ltd
Against Motilal Oswal Mutual Fund
- Motilal Oswal Mutual FundNon-Compliant with RPT Industry Standards and SEBI Circular: As per the RPT Industry Standards prescribed pursuant to the regulatory framework of Securities and Exchange Board of India (SEBI), in cases where material Related Party Transactions (RPTs) or material modifications thereto are proposed for shareholders’ approval, the Company is required to provide specific disclosures in the explanatory statement annexed to the Notice of the general meeting. However, the Company has failed to disclose required information as per the RPT Industry Standards mandated by SEBI and no justification as to how the proposed RPTs benefit the Company.
5 for1 against
6 earlier meetings
Mutual fund votes, meeting of 28 Jul 2025, 6 fund houses
To receive, consider and adopt the Audited Financial Statements (Standalone & Consolidated) of the Company for the financial year (“FY”) ended 31st March, 2025 together with the Reports of Directors and Auditors thereonMoreLess
6 for0 against- To appoint a Director in place of Mr. D P Agarwal (DIN: 00084105) who retires by rotation and, being eligible, offers himself for re-appointment.
Against Motilal Oswal Mutual Fund
- Motilal Oswal Mutual FundCompliant with law. Governance concern: Holding combined position of Chairman & Managing Director may lead to concentration of power in the hand of single person.
5 for1 against - To appoint a Director in place of Mr. S N Agarwal (DIN: 00111187) who retires by rotation and, being eligible, offers himself for re-appointment6 for0 against
- Continuation of appointment of Mr. S N Agarwal (DIN: 00111187) as Non-Executive Director aged 80 years6 for0 against
- Re-appointment of Mr. Vikrampati Singhania (DIN: 00040659) as Non-Executive Independent Director for the second term of 5 (Five) consecutive years
Against Bandhan Mutual Fund, Mirae Asset Mutual Fund, Motilal Oswal Mutual Fund
- Bandhan Mutual Fund, Motilal Oswal Mutual FundCompliant with law. No concern on the merits of proposed appointee. Governance Concern: Holding 2 full-time positions.
- Mirae Asset Mutual FundNeed better clarity on potentiality of impact on independence
3 for3 against - To consider and approve payment of remuneration to Non-Executive Directors by way of commission for a period of five years effective from FY 2025-266 for0 against
- Authorize Borrowings by way of Issuance of Non-Convertible Debentures/Bonds/Other similar Instruments6 for0 against
- Appointment of M/S Vinod Kothari & Company, Practicing Company Secretaries as Secretarial Auditors6 for0 against
Mutual fund votes, meeting of 27 Jul 2024, 5 fund houses
To consider and adopt the Audited Financial Statements (Standalone & Consolidated) of the Company for the financial year ended 31st March 2024 together with the Reports of Directors and Auditors thereon.MoreLess
5 for0 against- To declare a Final Dividend of ` 2/- per Equity Share, if any for FY 2023-24.5 for0 against
- To appoint a Director in place of Ms. Urmila Agarwal (DIN: 00818165), who retires by rotation and, being eligible, offers himself for re-appointment.5 for0 against
- To appoint a Director in place of Mr. Chander Agarwal (DIN: 00818139) who retires by rotation and, being eligible, offers himself for re-appointment.5 for0 against
- Re-appointment of Ms. Gita Nayyar (DIN: 07128438) as Non-Executive Independent Director for the second term of 5 (Five) consecutive years5 for0 against
- Re-appointment of Mr. Ravi Uppal (DIN: 00025970) as Non-Executive Independent Director for the second term of 5 (Five) consecutive years
Against Bandhan Mutual Fund, Sundaram Mutual Fund
- Bandhan Mutual FundRe-appointment compliant with law. Governance Concern: Lack of clarity regarding Pecuniary Relationship.
- Sundaram Mutual Fund"Ravi Uppal, 72, is Chairperson and Managing Director, Steel Infra Solutions Pvt Ltd. Prior to this he was Managing Director & CEO, Jindal Steel and Power Ltd. He has attended three out of four meetings (75%) held in FY24 and ten out of twelve (83%) of the board meetings held in the previous three years. While his reappointment is in line with statutory requirements, we note that the company has a business relationship with Steel Infra Solutions Pvt Ltd: there have been transactions for sale of goods to Steel Infra Solutions Pvt Ltd during FY22 to FY24. Given the potential conflict of interest we do not support the reappointment."
3 for2 against - Authorize Borrowings by way of Issuance of Non-Convertible Debentures/Bonds/Other similar Instruments5 for0 against
Mutual fund votes, meeting of 27 Jan 2024, 7 fund houses
- Appointment of Mr. Avinash Gupta (DIN: 02783217) as an Independent Director of the Company7 for0 against
Mutual fund votes, meeting of 31 Jul 2023, 9 fund houses
To consider and adopt the Audited Financial Statements (Standalone & Consolidated) of the Company for the financial year ended 31st March 2023 together with the Reports of Directors and Auditors thereon.MoreLess
9 for0 against- To declare a Final Dividend of Rs. 2/- per Equity Share, if any for FY 2022-23.9 for0 against
- To appoint a Director in place of Mr. D P Agarwal (DIN: 00084105), who retires by rotation and, being eligible, offers himself for re-appointment.
Against Bandhan Mutual Fund, Motilal Oswal Mutual Fund
- Bandhan Mutual Fund, Motilal Oswal Mutual FundCompliant with law. Governance Concern: Combined position of Chairman and Managing Director; No absolute cap on Variable Pay; Same commission being paid to Promoter Eds & Excessive time commitments.
7 for2 against - To appoint a Director in place of Mr. S N Agarwal (DIN: 00111187), who retires by rotation and, being eligible, offers himself for re-appointment.
Against Bandhan Mutual Fund, Motilal Oswal Mutual Fund, Nippon India Mutual Fund
- Bandhan Mutual Fund, Motilal Oswal Mutual FundNon-compliant with R.17(1A) of SEBI LODR. Appointment of Director beyond 75 years of age sought through ordinary resolution.
- Nippon India Mutual FundOrdinary resolution for director above 75 years age
6 for3 against - Re-appointment of Mr. D P Agarwal as Chairman & Managing Director
Against Bandhan Mutual Fund, HDFC Mutual Fund, ICICI Prudential Mutual Fund, Motilal Oswal Mutual Fund, Nippon India Mutual Fund, SBI Mutual Fund, Sundaram Mutual Fund
- Bandhan Mutual Fund, Motilal Oswal Mutual FundCompliant with law. Governance Concern: Combined position of Chairman and Managing Director; No absolute cap on Variable Pay; Same commission being paid to Promoter Eds & Excessive time commitments.
- HDFC Mutual FundThe proposed remuneration is high considering the size and complexity of the business
- ICICI Prudential Mutual FundMr. D P Agarwal is the Promoter, Chairperson and Managing Director of the company. Although, there are no concerns on his reappointment, the proposed remuneration in excess of regulatory thresholds is a concern. For FY2023, his remuneration was INR 13cr which was at 479x the median employee remuneration and the highest amongst peers which is not in commensurate with the size and scale of business. Further, the remuneration structure is open ended as commission has not been capped in absolute terms. Hence, the AMC has voted against the resolution.
- Nippon India Mutual FundNo absolute cap on variable pay
- SBI Mutual Fund, Sundaram Mutual FundD P Agarwal, 72, is promoter and Chairperson and Managing Director of the company. The company seeks approval for his reappointment for five years from 1 August 2023 and to fix his remuneration. Further, the company seeks approval via special resolution to pay an annual remuneration such that remuneration payable to him may exceed 5% of the net profits of the company. D P Agarwal received a remuneration of Rs. 134.7 mn in FY23 which was at 479.6x the median employee remuneration. We estimate his proposed remuneration at Rs. 170.0 mn which is higher than peers and not commensurate with the size and scale of business. Further, the remuneration structure is open ended as commission has not been capped in absolute terms.
2 for7 against - Re-appointment of Mr. Vineet Agarwal as Managing Director
Against Bandhan Mutual Fund, HDFC Mutual Fund, ICICI Prudential Mutual Fund, Motilal Oswal Mutual Fund, Nippon India Mutual Fund, SBI Mutual Fund, Sundaram Mutual Fund
- Bandhan Mutual Fund, Motilal Oswal Mutual FundCompliant with law. Governance Concern: No absolute cap on Variable Pay; Same commission being paid to Promoter ED.
- HDFC Mutual FundThe proposed remuneration is high considering the size and complexity of the business
- ICICI Prudential Mutual FundVineet Agarwal, 50, is a promoter and Managing Director of the company. Although, there are no concerns on his reappointment, the proposed remuneration in excess of regulatory thresholds is a concern. For FY2023, his remuneration was INR 12.49 cr which was at 444x the median employee remuneration and the highest amongst peers which is not commensurate with the size and scale of business. Further, the remuneration structure is open ended as commission has not been capped in absolute terms. Hence, the AMC has voted against the resolution.
- Nippon India Mutual FundNo absolute cap on variable pay
- SBI Mutual Fund, Sundaram Mutual FundVineet Agarwal, 50, is promoter and Managing Director of the company. The company seeks to reappoint him as Managing Director for five years from 1 July 2023 and fix his remuneration. Further, the company seeks approval via special resolution to pay an annual remuneration such that remuneration payable to him may exceed 5% of the net profits of the company. Vineet Agarwal received a remuneration of Rs. 124.9 mn in FY23 which was at 444.7x the median employee remuneration. We estimate his proposed remuneration at Rs. 162.9 mn which is higher than peers and not commensurate with the size and scale of business. Further, the remuneration structure is open ended as commission has not been capped in absolute terms.
2 for7 against - Authorize Borrowings by way of Issuance of Non-Convertible Debentures/Bonds/Other similar Instruments.9 for0 against
Mutual fund votes, meeting of 2 Aug 2022, 4 fund houses
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
To consider and adopt the Audited Financial Statements (Standalone Consolidated) of the Company for the financial year ended 31st March, 2022 together with the Reports of Directors and Auditors thereonMoreLess
4 for0 against- To declare a Final Dividend of Rs. 2/- per Equity Share for FY 2021-224 for0 against
- To appoint a Director in place of Mr. Chander Agarwal (DIN 00818139), who retires by rotation and, being eligible, offers himself for re-appointment.4 for0 against
- To appoint a Director in place of Ms. Urmila Agarwal (DIN 00818165), who retires by rotation and, being eligible, offers herself for re-appointment.4 for0 against
To consider and re-appoint M/s Brahmayya Co., Chartered Accountants, (Firm Registration Number 000511S), as Statutory Auditors of the Company, to hold office from the conclusion of this meeting until conclusion of the 32nd Annual General Meeting and to fix their remunerationMoreLess
4 for0 against- To consider approve related party transactions between TCI-CONCOR Multimodal Solutions Pvt. Ltd., a subsidiary company and Container Corporation of India Ltd.4 for0 against
- Amendment to the Employee Stock Option Scheme – 20174 for0 against
- Approval to extend the benefits under Employees Stock Option Scheme 2017 to the employees of Subsidiary Companies of the Company
Against HDFC Mutual Fund
- HDFC Mutual FundThere is lack of disclosure or clarity on the pricing formula or exercise price at which the ESOP will be granted
2 for1 against - Approval to extend the benefits under Employees Stock Option Scheme 2017 to the employees of Group Company(ies) including Associate Company(ies) of the Company
Against HDFC Mutual Fund
- HDFC Mutual FundThere is lack of disclosure or clarity on the pricing formula or exercise price at which the ESOP will be granted
2 for1 against - Authorize Borrowings by way of Issuance of Non- Convertible Debentures/Bonds/Other similar Instruments4 for0 against
2 proposals not matched to one resolution
- Approve extension of ESOP 2017 to the employees of the present and future group companies including associate companies1 for0 against
- Approve extension of ESOP 2017 to the employees of the present and future subsidiaries of the company1 for0 against
Mutual fund votes, meeting of 3 Aug 2021, 4 fund houses
- To, consider and adopt the Financial Statement (Standalone and Consolidated) for the FY ended 31st March, 2021, together with the report of the Board of Directors and Auditors thereon.4 for0 against
- To consider and approve payment of final dividend for FY 2020 2021, if any.4 for0 against
- To appoint a Director in place of Mr. D. P. Agarwal, Chairman Managing Director, (DIN-00084105) who retires by rotation and, being eligible, offers himself for re-appointment4 for0 against
- To appoint a Director in place of Mr. S N Agarwal, Director, (DIN-00111187) who retires by rotation and, being eligible, offers himself for re-appointment.
Against Bandhan Mutual Fund
- Bandhan Mutual FundNon-Compliant with Regulation 17(1A) of SEBI LODR Regulations. Concern: Approval not sought by special resolution
3 for1 against - To consider and approve re-appointment of Mr. Vijay Sankar (DIN-00007875) as Non-Executive Independent Director for a 2nd term of five consecutive years effective from 4th November, 20214 for0 against
- To consider and approve the appointment of Mr. Vikrampati Singhania (DIN 00040659), as Non- Executive Independent Director4 for0 against
- To consider and approve payment of remuneration to Non-Executive Directors by way of commission for a period of five years effective from FY 2021-224 for0 against
- Authorize Borrowings by way of Issuance of Non- Convertible Debentures/Bonds/Other similar Instruments.4 for0 against
Each fund house counted once, from its own disclosure; the reasons are its own words.
Fines
Reported in the filing for the quarter to Jun 2026.
- Fine or penaltyVarious State Authorities across IndiaSince 30 Jun 2026
Fines for violation of Vehicle norms and traffic rules violated by the drivers total aggegate amount of Rs. 35,28,998/- in 1,096 cases during quarter ended June 30, 2026
Fines for violation of Vehicle norms and traffic regulations such as improper & obstructive parking, overspeeding, using air horn in silent zone, driver without uniform, seat belt non-wearing, wrong lane driving, covering reflective tape, etc.,MoreLess
- Fine or penaltyGoods and Service Tax Department, RajasthanSince 23 Jun 2026
Notice for seeking clarification on the discrepancies found during audit
Unpaid GST liability
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
- 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
- Yes
- 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.