Tunwal E-Motors MD, chairman and AGM

Tunwal E-Motors 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

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.

Statutory auditor

Named in the results for the quarter to Mar 2026.

Mittal Agarwal & CompanyPeer-review certificate valid to Apr 2028

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.

Tunwal E-Motors 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.Tunwal E-Motors dividend history

Annual general meeting, 29 Sep 2026

5,800 shareholders on the register on 22 Sep 2026; present: 6 promoters and 26 others; votes counted by Hemant Shetye / HSPN & Associates LLP.The company's voting result (opens in a new tab)

Adoption of Audited Standalone Financial Statements
Ordinary
100.00% for0.00% against
Against: promoters 0.00% · other public 0.00%
Turnout: all 1.70% · promoters 0.00% · other public 4.72%
Adoption of Audited Consolidated Financial Statements
Ordinary
100.00% for0.00% against
Against: promoters 0.00% · other public 0.00%
Turnout: all 1.70% · promoters 0.00% · other public 4.72%
Declaration of Dividend of Rs. 0.10/- per Equity Share
Ordinary
100.00% for0.00% against
Against: promoters 0.00% · other public 0.00%
Turnout: all 1.70% · promoters 0.00% · other public 4.72%
Re-appointment of Mr. Jhumarmal Pannaram Tunwal (DIN: 07486090) retiring by rotation
OrdinaryPromoters have an interest in it
100.00% for0.00% against
Against: promoters 0.00% · other public 0.00%
Turnout: all 1.70% · promoters 0.00% · other public 4.71%
To ratify the appointment of M/s. H L Saini & Co., Chartered Accountants (FRN: 136961W), as Statutory Auditor to fill the casual vacancy due to resignation of M/s. Mittal Agarwal & Company (FR No. 131025W), existing Statutory Auditors of the Company, who hold office up to this Annual General Meeting of the Company, on such remuneration as may be decided by the Board of Directors of the CompanyMoreLess
Ordinary
100.00% for0.00% against
Against: promoters 0.00% · other public 0.00%
Turnout: all 1.70% · promoters 0.00% · other public 4.71%
To appoint M/s H L Saini & Co., Chartered Accountants (FRN: 131025W), as Statutory Auditor of the Company for the period of 5 (Five) years
Ordinary
100.00% for0.00% against
Against: promoters 0.00% · other public 0.00%
Turnout: all 1.70% · promoters 0.00% · other public 4.71%
Appointment of Mr. Vijay Kumar Garg (DIN: 03176814) as an Independent Director
Special
100.00% for0.00% against
Against: promoters 0.00% · other public 0.00%
Turnout: all 1.70% · promoters 0.00% · other public 4.71%
Appointment of Ms. Kiran Deora (DIN: 11712521) as an Independent Director
Special
100.00% for0.00% against
Against: promoters 0.00% · other public 0.00%
Turnout: all 1.70% · promoters 0.00% · other public 4.71%
Approval for offer, issue and allotment of Convertible Equity Shares Warrants of the company on Preferential Issue basis
SpecialPromoters have an interest in it
100.00% for0.00% against
Against: promoters 0.00% · other public 0.00%
Turnout: all 1.70% · promoters 0.00% · other public 4.71%
To revise and approve the remuneration of Mr. Jhumarmal Pannaram Tunwal (DIN: 07486090), Managing Director
SpecialPromoters have an interest in it
100.00% for0.00% against
Against: promoters 0.00% · other public 0.00%
Turnout: all 1.70% · promoters 0.00% · other public 4.71%

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.

Dealings with its subsidiaries, promoters, directors and their firms, reported every half-year.Promoters and their stake

Half-year to Mar 2026: ₹18.7 Cr20 dealings
Half-year to Sep 2025: ₹5.2 Cr18 dealings
Half-year to Mar 2025: ₹10.2 Cr16 dealings

Between	Dealing
Tunwal E-Motors Limited and Jhumarmal TunwalPromoter	Loan	–	11.02	11.02	0.00
Tunwal E-Motors Limited and Palsana EV Industries India Private LimitedWholly Owned Subsidiary	Any other transactionRepayment of loan by the subsidiary company	–	2.09	3.69	1.60
Tunwal E-Motors Limited and Tunwal E-Vehicle India Private LimitedGroup Company	Any other transactionMoney paid against purchase of goods from group company at arm's length as approved by audit committee.	1.72	1.72	0.00	0.00
Tunwal E-Motors Limited and Tunwal ElectronicsGroup Entity	Any other transactionRent paid by Tunwal E-Motors Ltd	1.63	1.49	0.00	0.13
Tunwal E-Motors Limited and Jhumarmal TunwalManaging Director	Remuneration	0.60	0.60	0.00	0.00
Tunwal E-Motors Limited and Amit Kumar MaliWhole Time Director	Remuneration	0.36	0.36	0.05	0.01
Tunwal E-Motors Limited and Palsana EV Industries India Private LimitedWholly Owned Subsidiary	Any other transactionMoney paid against purchase of services from wholly owned subsidiary at arm's length as approved by audit committee.	0.27	0.27	0.00	0.00
Tunwal E-Motors Limited and Karan Kumar SainiWhole Time Director	Remuneration	0.24	0.24	0.10	0.18
Tunwal E-Motors Limited and Tunwal E-BikeGroup Entity and authorized dealer	Any other transactionRepayment of outstanding advance amount by the group entity	–	0.23	0.42	0.19
Tunwal E-Motors Limited and Jhumarmal Tunwal HUFPromoter	Loan	–	0.20	0.00	0.20
Tunwal E-Motors Limited and Kavita SankhlaRelative of Promoter	Remuneration	0.12	0.12	0.00	0.00
Tunwal E-Motors Limited and Niharika ChoudharyKMP	Remuneration	0.09	0.09	0.00	0.00
Tunwal E-Motors Limited and Riya LunkadKMP	Remuneration	0.08	0.08	0.00	0.00
Tunwal E-Motors Limited and Bhupesh TunwalRelative of Promoter	Remuneration	0.12	0.06	₹55,000	0.06
Tunwal E-Motors Limited and Spreta TunwalPromoter Group	Remuneration	0.12	0.04	0.04	0.08
Tunwal E-Motors Limited and Amit Kumar MaliPromoter and Director	Any other transactionRepayment of Unsecured Loan by the Company	–	0.02	0.24	0.22
Tunwal E-Motors Limited and Kush GuptaIndependent Director	Any other transactionSitting Fees	0.02	0.01	0.00	0.01
Tunwal E-Motors Limited and Nagraj Naveenchandra MujumdarIndependent Director	Any other transactionSitting Fees	0.02	₹99,000	0.00	₹81,000
Tunwal E-Motors Limited and Arshita SinghIndependent Director	Any other transactionSitting Fees	0.01	₹66,000	0.00	₹54,000
Tunwal E-Motors Limited and Bhupesh TunwalRelative of Promoter	Loan	0.02	0.00	0.01	0.01

The 20 largest of 20 dealings in the half-year to Mar 2026, ₹ crore.

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 1 complaint open, quarter to Jun 2025.

The filing has a part on fines and penalties: No
The filing has a part on tax disputes: No

The company's own answers in its filing.

How money raised was used

Reported for the quarter to Mar 2026.

Raised	Amount raised	For	Set aside	Spent	Spent elsewhere
Public IssuesJul 2024	81.72	FUNDING OF WORKING CAPITAL	35.00	35.00	No
Public IssuesJul 2024	81.72	RESEARCH AND DEVELOPMENT	5.00	3.94	No
Public IssuesJul 2024	81.72	PURSUING INORGANIC GROWTH	5.00	5.00	No
Public IssuesJul 2024	81.72	GENERAL CORPORATE EXPENSES	20.41	20.41	No
Public IssuesJul 2024	81.72	FRESH ISSUE EXPENSES	16.31	16.31	No

₹ crore. Checked by is the agency appointed to monitor how the money is used. The reason and the comments are the company's, its audit committee's and its auditors' own words.