Share price at the NSE close on 23 Oct 2026. Previous close ₹11,234.00.
- Next results date: the board meets on 28 Oct 2026 to consider: financial results.
- 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.
- ₹22,413 Cr274th 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 21 Jul 2026
- 11.4
- 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 13 May 2026
- 3.5
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.78%
- 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 21 Jul 2026
- 35.3%
- 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 21 Jul 2026
- 17.3%
- 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 13 May 2026
- 2.80
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 5,88844.9% delivered
TVS Holdings 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
- ChairpersonVENU SRINIVASAN
- Managing directorSUDARSHAN VENU
- Company Secretary and Compliance OfficerR RAJA PRAKASH
9 directors5 independent2 executive2 non-executive
- VENU SRINIVASAN · ChairpersonNon-executive · joined May 1979 · 3 listed boards · 1 committee seat
- SUDARSHAN VENU · Managing directorExecutive · joined Sep 2011 · 4 listed boards · 1 as independent · 2 committee seats, 1 as chair
- KUPPUSWAMY GOPALADESIKANExecutive · joined Feb 2022 · 1 listed board · 2 committee seats
- RAJARANGAMANI GOPALANNon-executive · joined Jul 2022 · 5 listed boards · 3 as independent · 10 committee seats, 3 as chair
- SASIKALA VARADACHARIIndependent · joined Oct 2018 · reappointed Oct 2023 · 95 months as independent · 2 listed boards · 2 as independent · 4 committee seats, 1 as chair
- ANUJ SHAHIndependent · joined Jul 2022 · reappointed Jul 2022 · 50 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
- CHITTRANJAN DUAIndependent · joined Mar 2023 · reappointed Mar 2023 · 42 months as independent · 3 listed boards · 3 as independent · 2 committee seats
- TIMM TILLERIndependent · joined Sep 2023 · reappointed Sep 2023 · 36 months as independent · 1 listed board · 1 as independent
- REVATHY IYERIndependent · joined Sep 2026 · reappointed Sep 2026 · 0 months as independent · 1 listed board · 1 as independent
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
- 23 Sep 20268 of 9 present4 independent · 63 days in between
- 21 Jul 20267 of 8 present3 independent · 68 days in between
- 13 May 20268 of 8 present4 independent
Audit Committee
Chair SASIKALA VARADACHARI
RAJARANGAMANI GOPALAN, ANUJ SHAH
- 23 Sep 20263 of 3 present2 independent · 63 days in between
- 21 Jul 20263 of 3 present2 independent · 68 days in between
- 13 May 20263 of 3 present2 independent
Nomination and remuneration committee
Chair SASIKALA VARADACHARI
RAJARANGAMANI GOPALAN, ANUJ SHAH
- 23 Sep 20263 of 3 present2 independent
Stakeholders Relationship Committee
Chair ANUJ SHAH
KUPPUSWAMY GOPALADESIKAN, SASIKALA VARADACHARI
No meeting listed in the filing.
Risk Management Committee
Chair RAJARANGAMANI GOPALAN
SASIKALA VARADACHARI, KUPPUSWAMY GOPALADESIKAN, ANUJ SHAH
- 16 Jul 20263 of 4 present1 independent
Corporate Social Responsibility Committee
Chair VENU SRINIVASAN
SUDARSHAN VENU, ANUJ SHAH
No meeting listed in the filing.
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Mar 2026.
- N C RAJAGOPAL & COPeer-review certificate valid to Sep 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.
TVS Holdings 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.TVS Holdings dividend history
Annual general meeting, 22 Jul 2026
31,098 shareholders on the register on 16 Jul 2026; present: 3 promoters and 85 others; votes counted by B CHANDRA / B CHANDRA AND ASSOCIATES.The company's voting result (opens in a new tab)
- Adoption of the Audited Financial Statements (Standalone & Consolidated) of the Company and the reports of the Board of Directors and the Auditors for the year ended 31st March 2026Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 87.09% · promoters 100.00% · institutions 79.72% · other public 18.38%
- Re-appointment of Mr Venu Srinivasan, as a Director, liable to retire by rotationOrdinary97.86% for2.14% against
Against: promoters 0.00% · institutions 18.01% · other public 0.00%
Turnout: all 87.10% · promoters 100.00% · institutions 79.75% · other public 18.38%
Approval for continuation of directorship of Mr Venu Srinivasan (DIN: 00051523) as Non-Executive Director under Regulation 17(1A) of SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015.MoreLess
Special97.91% for2.09% againstAgainst: promoters 0.00% · institutions 17.64% · other public 0.00%
Turnout: all 87.10% · promoters 100.00% · institutions 79.75% · other public 18.39%
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.
Meeting called by the tribunal, 24 Apr 2026, 1 resolution
31,391 shareholders on the register on 18 Apr 2026; present: 1 promoter and 56 others; votes counted by V Sriram Anath / NA.The company's voting result (opens in a new tab)
Considering and approving the Scheme of arrangement between TVS Holdings Limited and its shareholders pursuant to the provisions of Section 230 - 232 of the Companies Act, 2013 ("the Act") and other applicable provisions of thereof and applicable rules thereunder.MoreLess
Special100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.09%
Turnout: all 87.60% · promoters 98.52% · institutions 92.47% · other public 17.58%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 22 Aug 2025, 4 resolutions
32,655 shareholders on the register on 15 Aug 2025; present: 4 promoters and 69 others; votes counted by B CHANDRA / B CHANDRA AND ASSOCIATES.The company's voting result (opens in a new tab)
- Adoption of both standalone and consolidated audited financial statements together with Directors’ Report and Auditors Report for the year 2024-25Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 87.36% · promoters 100.00% · institutions 82.37% · other public 17.78%
- Re-appointment of Mr Sudarshan Venu, as a director, liable to retire by rotationOrdinary99.90% for0.10% against
Against: promoters 0.00% · institutions 0.82% · other public 0.00%
Turnout: all 87.37% · promoters 100.00% · institutions 82.39% · other public 17.78%
- Re-appointment of Mr R Gopalan, as a director, liable to retire by rotationOrdinary95.13% for4.87% against
Against: promoters 0.00% · institutions 39.85% · other public 0.00%
Turnout: all 87.37% · promoters 100.00% · institutions 82.39% · other public 17.78%
- Approving the appointment of M/s. B Chandra & Associates, Practicing Company Secretaries, as Secretarial Auditors for a term of five consecutive years from FY 2025-26 till FY 2029-30Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 87.37% · promoters 100.00% · institutions 82.38% · other public 17.78%
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, 5 Dec 2024, 2 resolutions
The company's voting result (opens in a new tab)
- Approval for increasing the limits of borrowing by the Board of Directors of the Company under Section 180(1)(c) of the Companies Act, 2013Special99.89% for0.11% against
Against: promoters 0.00% · institutions 0.86% · other public 0.17%
Turnout: all 87.37% · promoters 100.00% · institutions 83.20% · other public 17.44%
- Seeking approval under Section 180(1)(a) of the Companies Act, 2013, inter alia, for creation of mortgage or charge on the assets, properties or undertaking(s) of the CompanySpecial99.89% for0.11% against
Against: promoters 0.00% · institutions 0.86% · other public 0.21%
Turnout: all 87.37% · promoters 100.00% · institutions 83.20% · other public 17.43%
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, 15 Oct 2024, 3 resolutions
The company's voting result (opens in a new tab)
- Approval for the amendment to Objects Clause of the Memorandum of Association (MoA) of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.04%
Turnout: all 86.42% · promoters 98.52% · institutions 82.69% · other public 18.70%
- Approval for the adoption of Memorandum of Association as per the provisions of the Companies Act, 2013Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.04%
Turnout: all 86.25% · promoters 98.52% · institutions 81.37% · other public 18.70%
- Approval for the adoption of new set of Articles of Association (AoA) of the Company as per the provisions of the Companies Act, 2013Special99.44% for0.56% against
Against: promoters 0.00% · institutions 4.57% · other public 0.04%
Turnout: all 86.24% · promoters 98.52% · institutions 81.37% · other public 18.70%
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, 8 Aug 2024, 4 resolutions
Present: 3 promoters and 102 others.The company's voting result (opens in a new tab)
- Adoption of the Audited Financial Statements (standalone & consolidated) of the Company and the reports of the Board of Directors and the Auditors for the year ended 31st March 2024Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 2.55%
Turnout: all 84.46% · promoters 98.90% · institutions 82.42% · other public 0.64%
- Re-appointment of Mr K Gopala Desikan, as a Director, liable to retire by rotationOrdinary98.75% for1.25% against
Against: promoters 0.00% · institutions 9.80% · other public 2.73%
Turnout: all 84.46% · promoters 98.90% · institutions 82.45% · other public 0.63%
- Appointment of Statutory Auditor to fill casual vacancyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 2.89%
Turnout: all 84.46% · promoters 98.90% · institutions 82.45% · other public 0.63%
- Appointment of Statutory Auditor of the CompanyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 2.98%
Turnout: all 84.46% · promoters 98.90% · institutions 82.45% · other public 0.63%
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, 29 Mar 2024, 1 resolution
The company's voting result (opens in a new tab)
Approving the request received from T.V. Sundram Iyengar & Sons Private Limited for re-classification of their status from 'Promoter' category to 'Public' category in terms of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.12%
Turnout: all 87.53% · promoters 100.00% · institutions 81.40% · other public 17.84%
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.
Postal ballot, 20 Oct 2023, 3 resolutions
The company's voting result (opens in a new tab)
- Approving the appointment of Mr Sudarshan Venu (DIN: 03601690) as Managing Director, for a period of 5 (five) yearsOrdinary97.05% for2.95% against
Against: promoters 0.00% · institutions 22.50% · other public 0.39%
Turnout: all 87.27% · promoters 98.90% · institutions 83.98% · other public 18.70%
- Approving the appointment of Mr Timm Tiller (DIN: 10289596) as a Non-Executive Independent Director for a term of 5 (five) yearsSpecial99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.54%
Turnout: all 87.27% · promoters 98.90% · institutions 83.98% · other public 18.69%
- Approving the re-appointment of Ms Sasikala Varadachari (DIN: 07132398), as an Independent Director for a second term of 3 (three) years.Special99.08% for0.92% against
Against: promoters 0.00% · institutions 6.93% · other public 0.55%
Turnout: all 87.27% · promoters 98.90% · institutions 83.98% · other public 18.69%
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.
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 22 Jul 2026, 4 fund houses so far (houses' deadline to file 15 Oct 2026)
- Adoption of the Audited Financial Statements (Standalone & Consolidated) of the Company and the reports of the Board of Directors and the Auditors for the year ended 31st March 20264 for0 against
- Re-appointment of Mr Venu Srinivasan, as a Director, liable to retire by rotation4 for0 against
Approval for continuation of directorship of Mr Venu Srinivasan (DIN: 00051523) as Non-Executive Director under Regulation 17(1A) of SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015.MoreLess
4 for0 against
Mutual fund votes, meeting of 24 Apr 2026, 11 fund houses
Considering and approving the Scheme of arrangement between TVS Holdings Limited and its shareholders pursuant to the provisions of Section 230 - 232 of the Companies Act, 2013 ("the Act") and other applicable provisions of thereof and applicable rules thereunder.MoreLess
11 for0 against
6 earlier meetings
Mutual fund votes, meeting of 22 Aug 2025, 12 fund houses
- Adoption of both standalone and consolidated audited financial statements together with Directors’ Report and Auditors Report for the year 2024-2512 for0 against
- Re-appointment of Mr Sudarshan Venu, as a director, liable to retire by rotation12 for0 against
- Re-appointment of Mr R Gopalan, as a director, liable to retire by rotation
Against Bandhan Mutual Fund, Groww Mutual Fund, HDFC Mutual Fund, LIC Mutual Fund, Motilal Oswal Mutual Fund, Nippon India Mutual Fund, Sundaram Mutual Fund
- Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with law. Governance concern: Cooling off period of 1 year not served after completion of term as ID
- HDFC Mutual FundMr. R Gopalan, 73, is a retired IAS officer. He was a member of the Public Enterprises Selection Board and was Secretary of the Department of Economic Affairs. Since November 2019, R Gopalan has also served as Independent Director and Chairperson of the board of Zee Entertainment Enterprises Limited (ZEEL), and has been a member of its Audit Committee since 2020. During his tenure at ZEEL, we believe he repeatedly failed to respect the voice of shareholders and address the issues raised by institutional investors. Therefore, we do not support his reappointment to the board of TVS Holdings Limited.
- LIC Mutual FundGovernance concern: Cooling off period of 1 year not served after completion of term as ID
- Nippon India Mutual FundGovernance Concern: Cooling off period of 1-year not served after completion of term as ID.
- Sundaram Mutual FundR Gopalan, 73, is a retired IAS officer. He was a member of the Public Enterprises Selection Board and was Secretary of the Department of Economic Affairs. He served as an Independent Director on the board from 21 June 2016 till 23 July 2022. He was subsequently appointed as a Non-Executive Non-Independent Director from 29 July 2022. He attended all six board meetings held in FY25. Since November 2019, R Gopalan has also served as Independent Director and Chairperson of the board of Zee Entertainment Enterprises Limited (ZEEL), and has been a member of its Audit Committee since 2020. During his tenure at ZEEL, we believe he repeatedly failed to respect the voice of shareholders and address the issues raised by institutional investors. Given that, we remain concerned regarding his effectiveness as a director. Therefore, we do not support his reappointment to the board of TVS Holdings Limited. We also note that the resolution for his reappointment as Independent Director in the April 2024 Postal Ballot of TVS Motor Company Limited was withdrawn following his resignation. We do not support the resolution.
5 for7 against - Approving the appointment of M/s. B Chandra & Associates, Practicing Company Secretaries, as Secretarial Auditors for a term of five consecutive years from FY 2025-26 till FY 2029-3012 for0 against
Mutual fund votes, meeting of 5 Dec 2024, 13 fund houses
- Approval for increasing the limits of borrowing by the Board of Directors of the Company under Section 180(1)(c) of the Companies Act, 201313 for0 against
- Seeking approval under Section 180(1)(a) of the Companies Act, 2013, inter alia, for creation of mortgage or charge on the assets, properties or undertaking(s) of the Company13 for0 against
Mutual fund votes, meeting of 15 Oct 2024, 15 fund houses
- Approval for the amendment to Objects Clause of the Memorandum of Association (MoA) of the Company15 for0 against
- Approval for the adoption of Memorandum of Association as per the provisions of the Companies Act, 201315 for0 against
- Approval for the adoption of new set of Articles of Association (AoA) of the Company as per the provisions of the Companies Act, 2013
Against Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
- Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with Law. Governance Concern: Provision for appointment of Alternate Director; Clause of holding position of CMD by the same person; Dual Position as Chairman Emeritus & Director; Board discretion to appoint and decide remuneration of Chairman Emeritus.
- Edelweiss Mutual FundProvision for appointment of Alternate Director; Clause of holding position of CMD by the same person; Dual Position as Chairman Emeritus & Director; Board discretion to appoint and decide remuneration of Chairman Emeritus.
11 for4 against
Mutual fund votes, meeting of 8 Aug 2024, 14 fund houses
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
- Adoption of the Audited Financial Statements (standalone & consolidated) of the Company and the reports of the Board of Directors and the Auditors for the year ended 31st March 202412 for0 against
- Re-appointment of Mr K Gopala Desikan, as a Director, liable to retire by rotation
Against Groww Mutual Fund, HSBC Mutual Fund, JM Financial Mutual Fund, LIC Mutual Fund, Motilal Oswal Mutual Fund
- Groww Mutual Fund, JM Financial Mutual Fund, LIC Mutual Fund, Motilal Oswal Mutual FundRe-appointment Compliant with Law. Governance Concern: Holding 2 full-time positions.
- HSBC Mutual FundA vote AGAINST the following nominee is warranted because the board is chaired by a promoter director and the board is not at least one-half independent and Kuppusamy Iyengar Gopala Desikan is a non-independent director nominee.
9 for5 against - Appointment of Statutory Auditor to fill casual vacancy11 for0 against
- Appointment of Statutory Auditor of the Company6 for0 against
4 proposals not matched to one resolution
- Accept Financial Statements and Statutory Reports2 for0 against
Appointment of M/s. NC Rajagopal and Co., Chartered Accountants, Chennai (having Firm Registration Number: 003398S) as the Statutory Auditor of the Company, for a term of three consecutive years to hold the office from the conclusion of this 62nd Annual General Meeting till the conclusion of the 65th Annual General Meeting of the Company on such remuneration as may be approved by the Board of Directors on the recommendation of the Audit Committee, from time to time during their tenure of appointment, in addition to applicable taxes and reimbursement of travelling and other out of pocket expenses incurred by them.MoreLess
8 for0 against- Approve N C Rajagopal & Co., Chartered Accountants as Statutory Auditors and Authorize Board to Fix Their Remuneration from May 10, 2024 till the Conclusion of this Annual General Meeting2 for0 against
- To approve, resignation of M/s. Raghavan, Chaudhuri & Narayanan, Chartered Accountants, (Firm Registration No. 007761 S) as the Statutory Auditors of the Company.1 for0 against
Mutual fund votes, meeting of 29 Mar 2024, 11 fund houses
Approving the request received from T.V. Sundram Iyengar & Sons Private Limited for re-classification of their status from 'Promoter' category to 'Public' category in terms of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.MoreLess
11 for0 against
Mutual fund votes, meeting of 20 Oct 2023, 9 fund houses
- Approving the appointment of Mr Sudarshan Venu (DIN: 03601690) as Managing Director, for a period of 5 (five) years
Against HSBC Mutual Fund, SBI Mutual Fund
- HSBC Mutual FundA vote AGAINST this resolution is warranted in view of the following concerns in the executive's remuneration: The company has failed to provide information for his pay structure during the current term and this can lead to discretionary payout.
- SBI Mutual FundSudarshan Venu, 34, is the Managing Director of TVS Motor Company Limited, a subsidiary of TVS Holdings Limited. He is part of the promoter family. We observe that there are 8 BODs out of which 4 are classified as IDs. Further, we note that there is 1 ID who is long tenured due to group association. Hence, the effective independence of the board at SBI MF framework is assessed at 38%. We would encourage the company to have at least 50% independence in number and spirit. Further, SBI MF’s internal guideline does not allow us to vote in favour of the promoter director if he/she has not attended 75% of the statutory meetings. On engagement with the company, we observe that Mr. Sudarshan Venu was unable to attend 75% of the statutory meetings on an average in the previous three financial years. Further, we are unable to estimate his remuneration since his terms will be decided by the board. This is why we do not support the resolution.
7 for2 against - Approving the appointment of Mr Timm Tiller (DIN: 10289596) as a Non-Executive Independent Director for a term of 5 (five) years9 for0 against
- Approving the re-appointment of Ms Sasikala Varadachari (DIN: 07132398), as an Independent Director for a second term of 3 (three) years.
Against HSBC Mutual Fund
- HSBC Mutual FundA vote AGAINST the nominee is warranted as she has been serving on the board of TVS Motor Services Ltd (step down subsidiary) from March 31, 2015, in this case she is being re-elected as independent director of the company for a period of three years and as such her association with the company would exceed a period of 10 years during the proposed term.
8 for1 against
Each fund house counted once, from its own disclosure; the reasons are its own words.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- Yes
- The chair is related to the managing director
- Yes
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.