Tube Investments of India logo

Tube Investments of India MD, chairman, board of directors and AGM

NSE: TIINDIABSE: 540762Auto ComponentsMid Cap

Last close ₹2,080.00down ₹20.00 (0.95%)BSE ₹2,076.00

Share price at the NSE close on 23 Oct 2026. Previous close ₹2,100.00.

52-week range of traded prices to 23 Oct 2026
₹2,005.20Low, 23 Oct 2026₹3,335.20High, 24 Jun 2026
Market cap
₹40,263 Cr193rd largest listed
P/E
66.4
P/E without one-offs
59.9
P/B
5.2
Dividend yield
0.17%
ROE
9.1%
ROE without one-offs
10.1%
ROCE
10.7%
Debt to equity
0.03
Volume, NSE
5,01,18151.7% delivered

Tube Investments 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

  • ChairpersonMurugappan Arunanachalammurugappan ArunachalamRelated to the promoter
  • Managing directorMukesh Ahuja
  • Company Secretary and Compliance OfficerS KRITHIKA

7 directors4 independent2 executive1 non-executive

  • Murugappan Arunanachalammurugappan Arunachalam · ChairpersonExecutive · joined Nov 2020 · 4 listed boards · 4 committee seats, 2 as chair
  • Subbiah VellayanNon-executive · joined Aug 2017 · 5 listed boards · 2 committee seats, 1 as chair
  • Mukesh Ahuja · Managing directorExecutive · joined Apr 2022 · 2 listed boards
  • Anand KumarIndependent · joined Mar 2021 · reappointed Mar 2026 · 63 months as independent · 3 listed boards · 2 as independent · 2 committee seats
  • Tejpreet Singh ChopraIndependent · joined Mar 2022 · reappointed Mar 2022 · 51 months as independent · 5 listed boards · 5 as independent · 4 committee seats
  • Vadalur Subramanian RadhakrishnanIndependent · joined Jul 2023 · reappointed Jul 2023 · 35 months as independent · 3 listed boards · 2 as independent · 2 committee seats, 2 as chair
  • Shelina Pranav ParikhIndependent · joined May 2025 · reappointed May 2025 · 13 months as independent · 2 listed boards · 2 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.

1 director who left
  • Varadachari Sasikala, left 16 Jun 2025: Tenure Completion

Committees and meetings

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

  • Board

    • 29 Jun 20267 of 7 present4 independent · 46 days in between
    • 13 May 20266 of 7 present4 independent · 53 days in between
    • 20 Mar 20267 of 7 present4 independent · 43 days in between
    • 4 Feb 20267 of 7 present4 independent

  • Audit Committee

    Chair Vadalur Subramanian Radhakrishnan

    Anand Kumar, Murugappan Arunanachalammurugappan Arunachalam, Tejpreet Singh Chopra

    • 29 Jun 20264 of 4 present3 independent · 46 days in between
    • 13 May 20264 of 4 present3 independent · 53 days in between
    • 20 Mar 20264 of 4 present3 independent · 43 days in between
    • 4 Feb 20264 of 4 present3 independent

  • Nomination and remuneration committee

    Chair Anand Kumar

    Subbiah Vellayan, Tejpreet Singh Chopra

    • 13 May 20262 of 3 present2 independent · 97 days in between
    • 4 Feb 20263 of 3 present2 independent

  • Stakeholders Relationship Committee

    Chair Subbiah Vellayan

    Murugappan Arunanachalammurugappan Arunachalam, Shelina Pranav Parikh

    No meeting listed in the filing.

  • Risk Management Committee

    Chair Tejpreet Singh Chopra

    Murugappan Arunanachalammurugappan Arunachalam, Vadalur Subramanian Radhakrishnan

    No meeting listed in the filing.

  • Corporate Social Responsibility Committee

    Chair Tejpreet Singh Chopra

    Murugappan Arunanachalammurugappan Arunachalam, Shelina Pranav Parikh, Mukesh Ahuja

    • 13 May 20264 of 4 present2 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 Jun 2026.

  • S.R. Batliboi & Associates LLPPeer-review certificate valid to Jul 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.

Tube Investments 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.Tube Investments of India dividend history

Annual general meeting, 14 Aug 2026

1,04,503 shareholders on the register on 7 Aug 2026; present: 37 promoters and 23 others; votes counted by Mr R Sridharan / M/s. R Sridharan & Associates.The company's voting result (opens in a new tab)

  1. Adoption of Boards Report and Audited Standalone Financial Statements of the Company for the financial year 2025-26 and Report of the Auditors thereon.
    Ordinary
    99.90% for0.10% against

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

    Turnout: all 83.73% · promoters 99.91% · institutions 91.69% · other public 25.64%

  2. Adoption of Audited Consolidated Financial Statements of the Company for the financial year 2025-26 and Reports of the Auditors thereon.
    Ordinary
    99.90% for0.10% against

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

    Turnout: all 83.73% · promoters 99.91% · institutions 91.69% · other public 25.64%

  3. Confirmation and Declaration of Dividend.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 83.74% · promoters 99.91% · institutions 91.72% · other public 25.64%

  4. Re-appointment of Mr. Vellayan Subbiah (DIN - 01138759), Director retiring by rotation.
    Ordinary
    98.00% for2.00% against

    Against: promoters 0.00% · institutions 4.75% · other public 0.00%

    Turnout: all 83.74% · promoters 99.91% · institutions 91.72% · other public 25.64%

  5. Appointment of M/s. Price Waterhouse Chartered Accountants LLP, Chartered Accountants (Firm Registration No. 012754N/N500016), as Statutory Auditors of the Company to hold office from the conclusion of the 18th Annual General Meeting until the conclusion of the 23rd Annual General Meeting.MoreLess
    Ordinary
    98.61% for1.39% against

    Against: promoters 0.00% · institutions 3.29% · other public 0.00%

    Turnout: all 83.74% · promoters 99.91% · institutions 91.72% · other public 25.64%

  6. Ratification of the remuneration payable to the Cost Auditor for the FY 2026-27.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 83.74% · promoters 99.91% · institutions 91.72% · other public 25.64%

  7. Payment of Remuneration by way of Commission to the Non-Executive Directors of the Company.
    Special
    100.00% for0.00% against

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

    Turnout: all 83.74% · promoters 99.91% · institutions 91.72% · other public 25.64%

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, 19 Mar 2026, 2 resolutions

1,16,733 shareholders on the register on 13 Feb 2026; votes counted by Mr. R Sridharan / M/s. R Sridharan & Associates.The company's voting result (opens in a new tab)

  1. Approval for reappointment of Mr. Anand Kumar (DIN: 00818724) as an Independent Director of the Company.
    Special
    97.08% for2.92% against

    Against: promoters 0.00% · institutions 6.70% · other public 1.34%

    Turnout: all 80.26% · promoters 95.35% · institutions 89.79% · other public 22.83%

  2. Approval for reappointment of Mr. V S Radhakrishnan (DIN: 08064705) as an Independent Director of the Company.
    Special
    99.37% for0.63% against

    Against: promoters 0.00% · institutions 1.48% · other public 0.01%

    Turnout: all 80.26% · promoters 95.35% · institutions 89.80% · other public 22.83%

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

Annual general meeting, 1 Aug 2025, 8 resolutions

1,13,746 shareholders on the register on 25 Jul 2025; present: 42 promoters and 28 others; votes counted by Mr R Sridharan / M/s. R Sridharan & Associates.The company's voting result (opens in a new tab)

  1. Adoption of Boards Report and Audited Standalone Financial Statements of the Company for FY 2024-25 and Report of the Auditors thereon.
    Ordinary
    99.93% for0.07% against

    Against: promoters 0.00% · institutions 0.15% · other public 0.15%

    Turnout: all 83.01% · promoters 98.65% · institutions 91.05% · other public 27.65%

  2. Adoption of Audited Consolidated Financial Statements of the Company for FY 2024-25 and Reports of the Auditors thereon.
    Ordinary
    99.93% for0.07% against

    Against: promoters 0.00% · institutions 0.15% · other public 0.15%

    Turnout: all 83.01% · promoters 98.65% · institutions 91.05% · other public 27.65%

  3. Declaration of Dividend
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.15%

    Turnout: all 83.04% · promoters 98.65% · institutions 91.09% · other public 27.69%

  4. Re-appointment of Mr. M A M Arunachalam, Director retiring by rotation.
    OrdinaryPromoters have an interest in it
    93.76% for6.24% against

    Against: promoters 0.00% · institutions 14.97% · other public 0.15%

    Turnout: all 83.03% · promoters 98.65% · institutions 91.09% · other public 27.65%

  5. Ratification of the remuneration payable to the Cost Auditor for conducting the Cost Audit of the products of the Company for FY 2025-26.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.15%

    Turnout: all 83.01% · promoters 98.65% · institutions 91.04% · other public 27.65%

  6. Approval for appointment of Messrs. Sridharan and Sridharan Associates as Secretarial Auditors of the Company.
    Ordinary
    99.54% for0.46% against

    Against: promoters 0.00% · institutions 1.08% · other public 0.15%

    Turnout: all 83.03% · promoters 98.65% · institutions 91.09% · other public 27.65%

  7. Approval for appointment of Ms. Shelina Pranav Parikh (DIN: 00468199) as an Independent Director of the Company.
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.15%

    Turnout: all 83.03% · promoters 98.65% · institutions 91.09% · other public 27.65%

  8. Approval for revision in remuneration of Mr. Mukesh Ahuja, Managing Director of the Company.
    Ordinary
    98.77% for1.23% against

    Against: promoters 0.00% · institutions 2.75% · other public 1.38%

    Turnout: all 83.03% · promoters 98.65% · institutions 91.09% · other public 27.64%

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, 1 Aug 2024, 5 resolutions

Present: 42 promoters and 25 others.The company's voting result (opens in a new tab)

  1. Adoption of Board's report , Audited Standalone Financial Statements of the Company for the FY 2023-24, and the Report of the Auditors thereon.
    Ordinary
    99.95% for0.05% against

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

    Turnout: all 81.79% · promoters 97.79% · institutions 87.78% · other public 22.42%

  2. Adoption of Audited Consolidated Financial Statements of the Company for the nFY 2023-24 and Reports of the Auditors thereon.
    Ordinary
    99.95% for0.05% against

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

    Turnout: all 81.79% · promoters 97.79% · institutions 87.78% · other public 22.41%

  3. Declaration of Dividend
    Ordinary
    99.94% for0.06% against

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

    Turnout: all 81.81% · promoters 97.79% · institutions 87.83% · other public 22.44%

  4. Re-appointment of Mr. Mukesh Ahuja (DIN - 09364667), Director retiring by rotation.
    Ordinary
    99.96% for0.04% against

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

    Turnout: all 81.81% · promoters 97.79% · institutions 87.83% · other public 22.41%

  5. Ratification of the remuneration payable to the Cost Auditor for the FY 2024-25.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 81.80% · promoters 97.79% · institutions 87.82% · other public 22.41%

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, 4 Dec 2023, 1 resolution

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

  1. Approval for re-appointment of Mr. K R Srinivasan as President and Whole-time Director and the terms of remuneration thereof
    Ordinary
    99.39% for0.61% against

    Against: promoters 0.00% · institutions 1.39% · other public 0.03%

    Turnout: all 80.58% · promoters 97.54% · institutions 85.69% · other public 9.27%

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 2023, 6 resolutions

Present: 44 promoters and 35 others.The company's voting result (opens in a new tab)

  1. Adoption of Audited Standalone Financial Statements of the Company for FY 2022-23.
    Ordinary
    99.95% for0.05% against

    Against: promoters 0.00% · institutions 0.10% · other public 0.29%

    Turnout: all 81.30% · promoters 97.67% · institutions 86.78% · other public 5.69%

  2. Adoption of Audited Consolidated Financial Statements of the Company for FY 2022-23.
    Ordinary
    99.95% for0.05% against

    Against: promoters 0.00% · institutions 0.10% · other public 0.29%

    Turnout: all 81.30% · promoters 97.67% · institutions 86.78% · other public 5.69%

  3. Declaration of Dividend
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.28%

    Turnout: all 81.35% · promoters 97.67% · institutions 86.88% · other public 5.80%

  4. Re-appointment of Mr. Vellayan Subbiah, Director retiring by rotation.
    Ordinary
    97.15% for2.85% against

    Against: promoters 0.00% · institutions 6.52% · other public 0.01%

    Turnout: all 81.31% · promoters 97.67% · institutions 86.79% · other public 5.69%

  5. Ratification of the remuneration payable to the Cost Auditor for FY 2023-24.
    Ordinary
    99.83% for0.17% against

    Against: promoters 0.00% · institutions 0.39% · other public 0.11%

    Turnout: all 81.34% · promoters 97.67% · institutions 86.88% · other public 5.69%

  6. Approval for appointment of Mr. V S Radhakrishnan as an Independent Director.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.29%

    Turnout: all 81.34% · promoters 97.67% · institutions 86.88% · other public 5.69%

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, 16 Apr 2023, 1 resolution

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

  1. To alter the Main Objects Clause of the Memorandum of Association
    Special
    99.33% for0.67% against

    Against: promoters 1.19% · institutions 0.00% · other public 0.42%

    Turnout: all 80.44% · promoters 97.88% · institutions 84.89% · other public 4.16%

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, 7 resolutions

Present: 49 promoters and 34 others.The company's voting result (opens in a new tab)

  1. Adoption of Audited Standalone Financial Statements of the Company for FY 2021-22
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 81.67% · promoters 98.66% · institutions 88.13% · other public 2.70%

  2. Adoption of Audited Consolidated Financial Statements of the Company for FY 2021-22
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 81.67% · promoters 98.66% · institutions 88.13% · other public 2.70%

  3. Declaration of Final Dividend
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 81.69% · promoters 98.66% · institutions 88.19% · other public 2.71%

  4. Re-appointment of Mr. K R Srinivasan, Director retiring by rotation
    Ordinary
    99.85% for0.15% against

    Against: promoters 0.00% · institutions 0.33% · other public 0.09%

    Turnout: all 81.44% · promoters 98.11% · institutions 88.19% · other public 2.70%

  5. Re-appointment of M/s. S R Batliboi Associates LLP, Chartered Accountants as Statutory Auditors of the Company.
    Ordinary
    96.68% for3.32% against

    Against: promoters 0.00% · institutions 7.64% · other public 0.09%

    Turnout: all 81.69% · promoters 98.66% · institutions 88.18% · other public 2.70%

  6. Payment of Commission to Mr. M A M Arunachalam
    Special
    99.59% for0.41% against

    Against: promoters 0.56% · institutions 0.21% · other public 1.07%

    Turnout: all 81.69% · promoters 98.66% · institutions 88.18% · other public 2.70%

  7. Ratification of the remuneration payable to the Cost Auditor for FY 2O22-23
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 81.69% · promoters 98.66% · institutions 88.19% · other public 2.70%

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.

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 14 Aug 2026, 15 fund houses so far (houses' deadline to file 15 Oct 2026)

  • Adoption of Boards Report and Audited Standalone Financial Statements of the Company for the financial year 2025-26 and Report of the Auditors thereon.
    15 for0 against
  • Adoption of Audited Consolidated Financial Statements of the Company for the financial year 2025-26 and Reports of the Auditors thereon.
    15 for0 against
  • Confirmation and Declaration of Dividend.
    15 for0 against
  • Re-appointment of Mr. Vellayan Subbiah (DIN - 01138759), Director retiring by rotation.
    15 for0 against
  • Appointment of M/s. Price Waterhouse Chartered Accountants LLP, Chartered Accountants (Firm Registration No. 012754N/N500016), as Statutory Auditors of the Company to hold office from the conclusion of the 18th Annual General Meeting until the conclusion of the 23rd Annual General Meeting.MoreLess
    Against Angel One Mutual Fund, Edelweiss Mutual Fund, LIC Mutual Fund, Navi Mutual Fund, PGIM India Mutual Fund
    • Angel One Mutual FundGovernance Concern: The proposed appointment follows a prolonged association of the PwC network with the Company in an internal audit capacity. Such continuity may give rise to self-review and independence concerns and, therefore, does not appear to be consistent with good governance practices.
    • Edelweiss Mutual Fund, LIC Mutual Fund, Navi Mutual Fund, PGIM India Mutual FundCompliant with the law. Governance Concern: The proposed appointment follows a prolonged association of the PwC network with the Company in an internal audit capacity. Such continuity may give rise to self-review and independence concerns and, therefore, does not appear to be consistent with good governance practices.
    10 for5 against
  • Ratification of the remuneration payable to the Cost Auditor for the FY 2026-27.
    15 for0 against
  • Payment of Remuneration by way of Commission to the Non-Executive Directors of the Company.
    15 for0 against

Mutual fund votes, meeting of 19 Mar 2026, 32 fund houses

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

  • Approval for reappointment of Mr. Anand Kumar (DIN: 00818724) as an Independent Director of the Company.
    Against Bank of India Mutual Fund, Invesco Mutual Fund, Jio BlackRock Mutual Fund, Mirae Asset Mutual Fund, Unifi Mutual Fund
    • Bank of India Mutual Fund, Jio BlackRock Mutual Fund, Unifi Mutual FundAnand Kumar, 58, is the Co-Founder and Partner of Gateway Partners, an investment firm. He has over three decades of experience in Corporate & Investment Banking. He has held leadership positions in several investment banks including Standard Chartered Bank and Morgan Stanley. He joined the board on 24 March 2021 and has attended all the board and committee meetings held so far during the current financial year, except the meetings held in May 2025.We note that he joined the board of Cholamandalam Investment and Finance Company Limited, a Murugappa group company as Independent Director from 16 March 2021. We will consider his overall association with the promoter group while computing his tenure. Thus, his overall association with the promoter group will exceed ten years during his proposed tenure. Therefore, we do not support his reappointment as an Independent Director.
    • Invesco Mutual FundAnand Kumar, 58, is the Co-Founder and Partner of Gateway Partners, an investment firm. He has over three decades of experience in Corporate & Investment Banking. He has held leadership positions in several investment banks including Standard Chartered Bank and Morgan Stanley. He joined the board on 24 March 2021 and has attended all the board and committee meetings held so far during the current financial year, except the meetings held in May 2025. We note that he joined the board of Cholamandalam Investment and Finance Company Limited, a Murugappa group company as Independent Director from 16 March 2021. We will consider his overall association with the promoter group while computing his tenure. Thus, his overall association with the promoter group will exceed ten years during his proposed tenure. Therefore, we do not support his reappointment as an Independent Director
    • Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
    26 for5 against
  • Approval for reappointment of Mr. V S Radhakrishnan (DIN: 08064705) as an Independent Director of the Company.
    31 for0 against
2 proposals not matched to one resolution
  • Item 1, as a fund house numbered it
    Against Taurus Mutual Fund
    • Taurus Mutual FundAnand Kumar, 58, is the Co-Founder and Partner of Gateway Partners, an investment firm. He has over three decades of experience in Corporate & Investment Banking. He has held leadership positions in several investment banks including Standard Chartered Bank and Morgan Stanley. He joined the board on 24 March 2021 and has attended all the board and committee meetings held so far during the current financial year, except the meetings held in May 2025.We note that he joined the board of Cholamandalam Investment and Finance Company Limited, a Murugappa group company as Independent Director from 16 March 2021. We will consider his overall association with the promoter group while computing his tenure. Thus, his overall association with the promoter group will exceed ten years during his proposed tenure. Therefore, we do not support his reappointment as an Independent Director.
    0 for1 against
  • Item 2, as a fund house numbered it
    1 for0 against
6 earlier meetings

Mutual fund votes, meeting of 1 Aug 2025, 27 fund houses

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

  • Adoption of Boards Report and Audited Standalone Financial Statements of the Company for FY 2024-25 and Report of the Auditors thereon.
    27 for0 against
  • Adoption of Audited Consolidated Financial Statements of the Company for FY 2024-25 and Reports of the Auditors thereon.
    27 for0 against
  • Declaration of Dividend
    5 for0 against
  • Re-appointment of Mr. M A M Arunachalam, Director retiring by rotation.
    Against Angel One Mutual Fund, Baroda BNP Paribas Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, LIC Mutual Fund, Navi Mutual Fund, PGIM India Mutual Fund, Zerodha Mutual Fund
    • Angel One Mutual Fund, LIC Mutual FundGovernance concern: Combined position as Executive Chairperson of the Board, may result in concentration of power.
    • Baroda BNP Paribas Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Navi Mutual Fund, PGIM India Mutual Fund, Zerodha Mutual FundCompliant with law. Governance concern: Combined position as Executive Chairperson of the Board, may result in concentration of power.
    19 for8 against
  • Ratification of the remuneration payable to the Cost Auditor for conducting the Cost Audit of the products of the Company for FY 2025-26.
    24 for0 against
  • Approval for appointment of Messrs. Sridharan and Sridharan Associates as Secretarial Auditors of the Company.
    Against Angel One Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, LIC Mutual Fund, Navi Mutual Fund, PGIM India Mutual Fund, Zerodha Mutual Fund
    • Angel One Mutual FundTransparency Concern: The Company has not disclosed whether there is any material change in the proposed audit.
    • Edelweiss Mutual Fund, Groww Mutual Fund, Navi Mutual Fund, PGIM India Mutual Fund, Zerodha Mutual FundCompliant with law. No concern on the merits of proposed Auditors. Transparency Concern: The Company has not disclosed whether there is any material change in the proposed audit
    • LIC Mutual FundTransparency Concern: The Company has not disclosed whether there is any material change in the proposed audit
    20 for7 against
  • Approval for appointment of Ms. Shelina Pranav Parikh (DIN: 00468199) as an Independent Director of the Company.
    27 for0 against
  • Approval for revision in remuneration of Mr. Mukesh Ahuja, Managing Director of the Company.
    Against Axis Mutual Fund, Invesco Mutual Fund, Mirae Asset Mutual Fund
    • Axis Mutual FundMukesh Ahuja, 53, is the Managing Director since 1 April 2022. He joined the company in 1997, over the years, he served in various capacities across the operations, sales and marketing functions, both pre and post the demerger. He was appointed as Managing Director of the company for five years w.e.f. 1 April 2022. Mukesh Ahuja received Rs. 58.7 mn in FY25 (including incentive of Rs. 12.1 mn and ESOPs of Rs. 11.5 mn). We estimate his annual remuneration at Rs. 56.5 mn excluding stock options. His remuneration terms include stock options, for which there is no guidance provided, nor is there an absolute cap. Therefore, we are unable to estimate his overall remuneration. His remuneration is capped at 2.5% of net profits of the company, the company must cap overall remuneration in absolute amounts and quantify/disclose the stock options that he is eligible to receive, including the performance metrics which determine such variable pay. Due to lack of adequate disclosures, we are unable to ascertain his aggregate remuneration, and therefore, we do not support the resolution.
    • Invesco Mutual FundMukesh Ahuja, 53, is the Managing Director since 1 April 2022. He joined the company in 1997, over the years, he served in various capacities across the operations, sales and marketing functions, both pre and post the demerger. He was appointed as Managing Director of the company for five years w.e.f. 1 April 2022.Mukesh Ahuja received Rs. 58.7 mn in FY25 (including incentive of Rs. 12.1 mn and ESOPs of Rs. 11.5 mn). We estimate his annual remuneration at Rs. 56.5 mn excluding stock options. His remuneration terms include stock options, for which there is no guidance provided, nor is there an absolute cap. Therefore, we are unable to estimate his overall remuneration. His remuneration is capped at 2.5% of net profits of the company, the company must cap overall remuneration in absolute amounts and quantify/disclose the stock options that he is eligible to receive, including the performance metrics which determine such variable pay. Due to lack of adequate disclosures, we are unable to ascertain his aggregate remuneration, and therefore, we do not support the resolution
    • Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
    24 for3 against
3 proposals not matched to one resolution
  • 5) Ratify remuneration of Rs. 350,000 to S Mahadevan & Co., Cost Accountants as cost auditors for FY26.
    1 for0 against
  • Ratify remuneration of Rs. 350,000 to S Mahadevan & Co., Cost Accountants as cost auditors for FY26
    2 for0 against
  • To declare a final dividend at the rate of Rs. 1.50 per share and interim dividend of Rs. 2/- per share thus making a total dividend of Rs. 3.50 per equity share of Rs. 1/- each for the financial year 2024-25.MoreLess
    22 for0 against

Mutual fund votes, meeting of 1 Aug 2024, 22 fund houses

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

  • Adoption of Board's report , Audited Standalone Financial Statements of the Company for the FY 2023-24, and the Report of the Auditors thereon.
    21 for0 against
  • Adoption of Audited Consolidated Financial Statements of the Company for the nFY 2023-24 and Reports of the Auditors thereon.
    21 for0 against
  • Declaration of Dividend
    7 for0 against
  • Re-appointment of Mr. Mukesh Ahuja (DIN - 09364667), Director retiring by rotation.
    22 for0 against
  • Ratification of the remuneration payable to the Cost Auditor for the FY 2024-25.
    21 for0 against
4 proposals not matched to one resolution
  • To approve, remuneration to M/s. S Mahadevan & Co., Cost Accountants (holding Registration No.000007) appointed by the Board of Directors of the Company.
    1 for0 against
  • To declare a final dividend at the rate of Rs. 1.50 per share and interim dividend of Rs. 2/- per share thus making a total dividend of Rs. 3.50 per equity share of Rs. 1/- each for the financial year 2023 - 24.MoreLess
    15 for0 against
  • To receive, Audited Consolidated Financial Statements of the Company for the financial year ended 31st March 2024 and the Report of the Auditors thereon, be and are hereby received and adopted.
    1 for0 against
  • To receive, Audited Standalone Financial Statements of the Company for the financial year ended 31st March 2024 and the Report of the Auditors thereon.
    1 for0 against

Mutual fund votes, meeting of 4 Dec 2023, 22 fund houses

  • Approval for re-appointment of Mr. K R Srinivasan as President and Whole-time Director and the terms of remuneration thereof
    22 for0 against

Mutual fund votes, meeting of 3 Aug 2023, 21 fund houses

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

  • Adoption of Audited Standalone Financial Statements of the Company for FY 2022-23.
    20 for0 against
  • Adoption of Audited Consolidated Financial Statements of the Company for FY 2022-23.
    20 for0 against
  • Declaration of Dividend
    6 for0 against
  • Re-appointment of Mr. Vellayan Subbiah, Director retiring by rotation.
    Against PGIM India Mutual Fund
    • PGIM India Mutual FundCompliant with Law. Governance concern: Remuneration practice is skewed in favor in promoter directors
    20 for1 against
  • Ratification of the remuneration payable to the Cost Auditor for FY 2023-24.
    21 for0 against
  • Approval for appointment of Mr. V S Radhakrishnan as an Independent Director.
    21 for0 against
4 proposals not matched to one resolution
  • 3) Declare final dividend of Rs. 1.5 per share and confirm interim dividend of Rs. 2.0 per share of face value Re. 1.0 each for FY23.
    1 for0 against
  • The Audited Standalone Financial Statements of the Company for the financial year ended 31st March 2023, the Reports of the Board of Directors and the Auditors thereon.
    1 for0 against
  • To consider audited standalone financial statements of the company for the financial year ended 31st March 2023, the reports of auditors thereon, be and are hereby received and adopted.
    1 for0 against
  • To declare a final dividend at the rate of Rs. 1.50 and interim dividend of Rs. 2/- per share thus making a total dividend of Rs. 3.50 per equity share of Rs. 1/- each for the financial year 2022-23.
    14 for0 against

Mutual fund votes, meeting of 16 Apr 2023, 21 fund houses

  • To alter the Main Objects Clause of the Memorandum of Association
    Against Shriram Mutual Fund
    • Shriram Mutual FundWe do not think that this diversification is good for the company
    20 for1 against

Mutual fund votes, meeting of 2 Aug 2022, 15 fund houses

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

  • Adoption of Audited Standalone Financial Statements of the Company for FY 2021-22
    15 for0 against
  • Adoption of Audited Consolidated Financial Statements of the Company for FY 2021-22
    14 for0 against
  • Declaration of Final Dividend
    15 for0 against
  • Re-appointment of Mr. K R Srinivasan, Director retiring by rotation
    15 for0 against
  • Re-appointment of M/s. S R Batliboi Associates LLP, Chartered Accountants as Statutory Auditors of the Company.
    Against Nippon India Mutual Fund
    • Nippon India Mutual FundProposed appointment of auditor is for 4 years instead of 5 years
    14 for1 against
  • Payment of Commission to Mr. M A M Arunachalam
    15 for0 against
  • Ratification of the remuneration payable to the Cost Auditor for FY 2O22-23
    3 for0 against
7 proposals not matched to one resolution
  • 7) Approve remuneration of Rs.0.3 mn for S Mahadevan & Associates as cost auditors for FY23.
    1 for0 against
  • Approve remuneration of Rs.0.3 mn for S Mahadevan & Associates as cost auditors for FY23
    2 for0 against
  • Ratification of remuneration of ? 3 Lakhs (Rupees Three Lakhs only) in addition to reimbursement of out-of-pocket expenses incurred in connection with the said audit but excluding taxes Payable to M/s. S Mahadevan & Co., Cost Accountants (holding Registration No.000007) Board of Directors of the Company to conduct the audit of the cost records of the Company for the financial year 2022-23.MoreLess
    2 for0 against
  • Ratification of remuneration of Re s. 3 Lakhs (Rupees Three Lakhs only) in addition to reimbursement of out-of-pocket expenses incurred in connection with the said audit but excluding taxes Payable to M/s. S Mahadevan & Co., Cost Accountants (holding Registration No.000007) Board of Directors of the Company to conduct the audit of the cost records of the Company for the financial year 2022-23.MoreLess
    1 for0 against
  • Ratification of remuneration of Rs. 3 Lakhs (Rupees Three Lakhs only) in addition to reimbursement of out-of-pocket expenses incurred in connection with the said audit but excluding taxes Payable to M/s. S Mahadevan & Co., Cost Accountants (holding Registration No.000007) Board of Directors of the Company to conduct the audit of the cost records of the Company for the financial year 2022-23.MoreLess
    5 for0 against
  • To consider audited standalone financial statements of the company for the financial year ended 31st March 2022, the reports of auditors thereon, be and are hereby received and adopted.
    1 for0 against
  • To ratify the remuneration to M/s. S Mahadevan & Co., Cost Accountants (holding Registration No.000007) appointed by the Board of Directors of the Company to conduct the audit of the cost records of the Company for the financial year 2022-23MoreLess
    1 for0 against

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

Stakes in unlisted companies

Reported in the filing for the quarter to Jun 2026.

  • Unlisted stake boughtOrange Koi Private LimitedSince 6 Apr 2026

    76.24% bought in the quarter; holding 76.24%, from 0.00%

  • Unlisted stake boughtGSENC Solar 3 Private LimitedSince 10 Apr 2026

    17.30% bought in the quarter; holding 17.30%, from 0.00%

Investor complaints and compliance

Quarter by quarter.

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

  • Received
  • Resolved

Open at the quarter's end

At most 4 complaints open, quarter to Mar 2026.
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
No
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.