Techno Electric & Engg. Co. (Delisted) MD, chairman, board of directors and AGM
BSE: 505397
Last traded ₹275.80 on 6 Jul 2010
Delisted.
How mutual funds voted
Fund houses must disclose how they vote at every meeting of a company they hold.
Mutual fund votes, meeting of 23 Sep 2026, 2 fund houses so far (houses' deadline to file 15 Oct 2026)
- Adoption of standalone financial statements for the year ended 31 March 20262 for0 against
- Appoint Aninda Chatterjee (DIN: 01760865) as Independent Director for five years from 23 September 20262 for0 against
- Approve creation of charge on assets to secure borrowings up to the borrowing limit2 for0 against
- Approve increase in borrowing limit to Rs. 35.0 bn from Rs. 30.0 bn under Section 180(1)(c) of the Companies Act, 20132 for0 against
- Declare final dividend Rs. 7.0 per equity share (face value of Rs. 2.0) for FY262 for0 against
- Ratify remuneration of Rs. 20,000 payable to Saibal Sekhar Kundu, as cost auditor for FY272 for0 against
- Reappoint James Raymond Trout (DIN:10566465) as Non-Executive Non-Independent Director, liable to retire by rotation
Against DSP Mutual Fund, Jio BlackRock Mutual Fund
- DSP Mutual Fund, Jio BlackRock Mutual FundJames Raymond Trout, 63, is the Managing Director of Proferian, an operating partner of Global Innovation Partners. He was appointed on the board on 29 March 2024. He attended one out of four (25%) meetings in FY26 and a two out of eight (25%) board meetings since his appointment on the board. We expect directors to attend all board meetings and at least 75% meetings over a three-year period. While his appointment is in line with statutory requirements, we do not support his reappointment due to low attendance. Further, the company should provide clear rationale on why he has been appointed on the board as a Non-Executive Non-Independent Director. We do not support the resolution.
0 for2 against
Mutual fund votes, meeting of 19 Feb 2026, 2 fund houses
- Appoint Shailesh Kumar Mishra (DIN: 08068256) as Independent Director for five years from 19 February 20262 for0 against
6 earlier meetings
Mutual fund votes, meeting of 23 Sep 2025, 2 fund houses
- Adoption of standalone financial statements for the year ended 31 March 20252 for0 against
- Appoint Babulal Patni as secretarial auditors for five years from 1 April 2025 till 31 March 2030 and fix their remuneration2 for0 against
- Declare final dividend Rs. 9.0 per equity share (face value of Rs. 2.0) for FY252 for0 against
- Ratify remuneration of Rs. 20,000 payable to Saibal Sekhar Kundu, as cost auditor for FY262 for0 against
- Reappoint Shailesh Kumar Mishra (DIN: 08068256) as Non-Executive Non-Independent Director, liable to retire by rotation2 for0 against
Mutual fund votes, meeting of 26 Sep 2024, 2 fund houses
- Adoption of standalone and consolidated financial statements for the year ended 31 March 20242 for0 against
- Appoint Arun Duggal (DIN: 00024262) as Independent Director for five years from 13 August 20242 for0 against
- Appoint James Raymond Trout (DIN:10566465) as Non-Executive, Non-Independent Director, liable to retire by rotation, from 29 March 20242 for0 against
- Appoint Shailesh Kumar Mishra (DIN: 08068256) as Non-Executive, Non-Independent Director, liable to retire by rotation2 for0 against
- Approve final dividend of Rs. 7.0 per equity share (face value Rs. 2.0 each) for FY242 for0 against
- Approve payment of commission (as minimum remuneration) to Non-Executive Directors upto 0.5% of the net profits for FY25 ․2 for0 against
- Approve shifting of registered office from State of Uttar Pradesh to the State of Haryana and consequent alteration of Clause II of the Memorandum of Association (MOA)2 for0 against
- Ratify remuneration of Rs. 20,000 to Saibal Sekhar Kundu as cost auditor for FY252 for0 against
- Reappoint Ms. Avantika Gupta (holding DIN: 03149138) as Director, liable to retire by rotation
Against DSP Mutual Fund
- DSP Mutual FundMs. Avantika Gupta, 34, is Non-Executive Director and belongs to the promoter group. She has been on the board since March 2015 and attended all board meetings in FY24. She is a Science graduate (Economics and Finance) with a minor in Accountancy and Creative Writing from Bentley University in Waltham, Massachusetts, US. Ms. Avantika Gupta has work experience of more than eight years. Our voting guidelines have a threshold of at least ten years of relevant work experience to be on the board of a listed company. Hence, we are unable to support her reappointment.
1 for1 against
Mutual fund votes, meeting of 22 Apr 2024, 1 fund house
- Approve creation of charge on the assets of the company1 for0 against
- Increase the borrowing limit from 20.0 bn to Rs. 30.0 bn1 for0 against
- Issue equity or equity linked securities of upto Rs. 12.5 bn1 for0 against
Mutual fund votes, meeting of 28 Sep 2021, 2 fund houses
- Adoption of standalone and consolidated financial statements for the year ended 31 March 20212 for0 against
- Approve remuneration of Rs. 20,000 p.a. to Saibal Sekhar Kundu, cost auditors for FY222 for0 against
- Approve shifting of registered office to West Bengal and consequent alteration to the Memorandum of Association (MoA)2 for0 against
- Confirm interim dividends aggregating to Rs. 6 per equity share and declare final dividend of Rs. 4 per equity share (face value Re. 2.0) for FY212 for0 against
- Ratify Singhi & Co., Chartered Accountants as statutory auditors for FY22 and authorize the board to fix their remuneration2 for0 against
- Reappoint Ms. Avantika Gupta (DIN: 03149138), as Non- Executive Non- independent Director, liable to retire by rotation
Against DSP Mutual Fund
- DSP Mutual FundMs. Avantika Gupta, 31, is among the promoters of the company and has been on the board since March 2015. She is a Science graduate (Economics and Finance) with a minor in Accountancy and Creative Writing from Bentley University in Waltham, Massachusetts, US. She attended all board meetings in FY21. The company has stated that she has more than four years of experience and is equipped with strong financial and commercial knowledge. We believe she does not have sufficient experience to be on the board of a listed company.
1 for1 against
Mutual fund votes, meeting of 28 Sep 2019, 1 fund house
- Adoption of financial statements for the year ended 31 March 20191 for0 against
- Appoint Kadenja Krishna Rai (DIN: 00629937) as Independent Director till the conclusion of the AGM to be held in 20231 for0 against
- Approve continuation of Kotivenkatesan Vasudevan (DIN: 00018023) as Independent Director till the expiry of their current term in 2023
Against DSP Mutual Fund
- DSP Mutual FundKotivenkatesan Vasudevan, 80, is the Chairperson at CII - Sohrabji Godrej Green Business Center. He was first appointed as Director on 24 June 2010. The company seeks approval for his continuation on the board post attaining 75 years of age, in line with SEBI’s LODR. He has attended 4 out of 6 i. E. 67% of the meetings held in FY19 and 63% (12 out of 19) of the meetings held in the last three years. We expect directors to take their responsibilities seriously and attend all board meetings; we have a 75% attendance threshold of the board meetings in the three-year period prior to re-appointment.
0 for1 against - Approve continuation of Krishna Murari Poddar (DIN: 00028012) as Independent Director till the expiry of their current term in 2023
Against DSP Mutual Fund
- DSP Mutual FundKrishna Murari Poddar, 74, is the MD at CEETA Industries. He was first appointed as Director on 24 June 2010. The company seeks approval for his continuation on the board post attaining 75 years of age, in line with SEBI’s LODR. He has attended 3 out of 6 i. E. 50% of the meetings held in FY19 and 63% (12 out of 19) of the meetings held in the last three years. We expect directors to take their responsibilities seriously and attend all board meetings; we have a 75% attendance threshold of the board meetings in the three-year period prior to re-appointment.
0 for1 against - Approve continuation of Samarendra Nath Roy (DIN: 00408742) as Independent Director till the expiry of their current term in 2023
Against DSP Mutual Fund
- DSP Mutual FundSamarendra Nath Roy, 76, is the former ED at Bharat Heavy Electricals Limited. He was first appointed as Director on 14 September 2009. The company seeks approval for his continuation on the board post attaining 75 years of age, in line with SEBI’s LODR. Although his reappointment is compliant with regulations, we consider directors to be non-independent once they cross a tenure of ten years from the date of their first appointment. Therefore, we do not support his reappointment as an independent director. The board must consider reappointing him as a non-independent non-executive director.
0 for1 against - Approve shifting of Registered Office from the NOIDA, Uttar Pradesh to Kolkata, West Bengal and amendment in the Memorandum of Association1 for0 against
- Ratify remuneration of Rs. 20,000 p.a. to Saibal Sekhar Kundu as cost auditors for FY201 for0 against
- Ratify Singhi & Co., Chartered Accountants as statutory auditors for FY20 and authorize the board to fix their remuneration1 for0 against
- Reappoint Ms. Avantika Gupta (DIN: 03149138) as Director1 for0 against
Mutual fund votes, meeting of 28 Aug 2016, 1 fund house
- Issue of bonus shares in the ratio of 1:11 for0 against
Each fund house counted once, from its own disclosure; the reasons are its own words.