The Ugar Sugar Works MD, chairman, board of directors and AGM
NSE: UGARSUGARBSE: 530363Agricultural Food & other ProductsSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹48.95.
- Delivery only: shares bought must be paid for in full, with no selling on the same day.
- Next results date: the board meets on 26 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.
- ₹523 Cr1,907th 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 5 Aug 2026
- 18.1
- 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 12 May 2026
- 2.2
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.22%
- 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 5 Aug 2026
- 12.3%
- 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 5 Aug 2026
- 9.9%
- 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 12 May 2026
- 2.86
- Volume, NSEVolume. Shares traded on the last trading day.
- 1,74,148
The Ugar Sugar Works 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
- ChairpersonShishir S. ShirgaokarRelated to the promoter
- Managing directorNiraj Shishir Shirgaokar
- Managing directorChandan Sanjeev Shirgaokar
- Company Secretary and Compliance OfficerTushar V Deshpande
12 directors6 independent3 executive3 non-executive
- Shishir S. Shirgaokar · ChairpersonNon-executive · joined Aug 1994 · reappointed Sep 2021 · 2 listed boards · 1 as independent · 1 committee seat
- Niraj Shishir Shirgaokar · Managing directorExecutive · joined Apr 2011 · reappointed Apr 2024 · 36 months as independent · 2 listed boards · 1 as independent
- Chandan Sanjeev Shirgaokar · Managing directorExecutive · joined Apr 2011 · reappointed Apr 2024 · 36 months as independent · 2 listed boards · 1 committee seat
- Sachin Rajendra ShirgaokarNon-executive · joined Jan 2014 · reappointed Sep 2021 · 2 listed boards · 2 committee seats
- Sohan Sanjeev ShirgaokarExecutive · joined Sep 2017 · reappointed Jan 2024 · 2 listed boards · 2 committee seats
- Shilpa Naval KumarNon-executive · joined Feb 2015 · reappointed Sep 2022 · 1 listed board
- Shripad S GangavatiIndependent · joined Aug 2019 · reappointed Sep 2022 · 36 months as independent · 1 listed board · 1 as independent
- Suneeta S ThakurIndependent · joined Aug 2019 · reappointed Sep 2022 · 36 months as independent · 1 listed board · 1 as independent
- Subhash Gundappa KutteIndependent · joined Jul 2024 · reappointed Aug 2024 · 36 months as independent · 4 listed boards · 4 as independent · 6 committee seats, 4 as chair
- Aashish Ramdas KamatIndependent · joined Jul 2024 · reappointed Aug 2024 · 36 months as independent · 2 listed boards · 2 as independent · 1 committee seat, 1 as chair
- Shreenath DeshpandeIndependent · joined Jul 2024 · reappointed Aug 2024 · 36 months as independent · 1 listed board · 1 as independent · 1 committee seat
- Ravi ShiralkarIndependent · joined Jul 2024 · reappointed Aug 2024 · 36 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.
2 directors who left
- P V Shirgaokar, left 11 Aug 2026: Others
- Hari Yashwant Athawale, left 11 Aug 2026: Tenure Completion
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 11 Aug 202613 of 14 present6 independent · 5 days in between
- 5 Aug 202612 of 14 present4 independent · 84 days in between
- 12 May 202612 of 14 present6 independent
Audit Committee
Chair Subhash Gundappa Kutte
Sachin Rajendra Shirgaokar, Suneeta S Thakur, Shreenath Deshpande
- 5 Aug 20263 of 4 present2 independent · 84 days in between
- 12 May 20264 of 4 present3 independent
Nomination and remuneration committee
Sachin Rajendra Shirgaokar, Shripad S Gangavati, Shreenath Deshpande
- 11 Aug 20262 of 3 present2 independent · 5 days in between
Stakeholders Relationship Committee
Chair Shripad S Gangavati
Shreenath Deshpande, Sachin Rajendra Shirgaokar
No meeting listed in the filing.
Risk Management Committee
Shripad S Gangavati, Sachin Rajendra Shirgaokar, Niraj Shishir Shirgaokar, Chandan Sanjeev Shirgaokar, Sohan Sanjeev Shirgaokar
No meeting listed in the filing.
Corporate Social Responsibility Committee
Chair Shreenath Deshpande
Suneeta S Thakur, Ravi Shiralkar
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 Jun 2026.
- Kirtane & Pandit LLPPeer-review certificate valid to Dec 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.
The Ugar Sugar Works 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.The Ugar Sugar Works dividend history
Annual general meeting, 5 Aug 2026
73,846 shareholders on the register on 29 Jul 2026; present: 9 promoters and 65 others; votes counted by ABHAY GULAVANI / ABHAY GULAVANI.The company's voting result (opens in a new tab)
To receive, consider and adopt the Audited Standalone Balance Sheet as on 31st March 2026 and the Statement of Profit and Loss Account, Cash Flow Statement for the year ended as on that date, and the Reports of the Directors, Report on Corporate Governance, Business responsibility and sustainability reporting (BRSR) and Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 38.92% · promoters 80.95% · institutions 83.44% · other public 5.05%
- To declare Dividend.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 38.92% · promoters 80.95% · institutions 83.44% · other public 5.05%
- To appoint a Director in place of Mr. Shishir Shirgaokar (DIN NO- 00166186) who retires by rotation and being eligible, offers himself for re-appointment.OrdinaryPromoters have an interest in it99.82% for0.18% against
Against: promoters 0.00% · institutions 95.40% · other public 0.04%
Turnout: all 38.92% · promoters 80.95% · institutions 83.44% · other public 5.05%
- To appoint a Director in place of Mrs. Shilpa Kumar (DIN NO- 02404667) who retires by rotation and being eligible, offers herself for re-appointment.OrdinaryPromoters have an interest in it99.82% for0.18% against
Against: promoters 0.00% · institutions 95.40% · other public 0.04%
Turnout: all 38.92% · promoters 80.95% · institutions 83.44% · other public 5.05%
- Continuation of Directorship of Mr. Shishir Shirgaokar as a Non-Executive Director of the Company, liable to retire by rotationSpecialPromoters have an interest in it99.82% for0.18% against
Against: promoters 0.00% · institutions 95.40% · other public 0.04%
Turnout: all 38.92% · promoters 80.95% · institutions 83.44% · other public 5.05%
- To ratify the remuneration of Cost Auditors for the financial year ending March 31, 2027Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 38.92% · promoters 80.95% · institutions 83.44% · other public 5.05%
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, 5 Aug 2025, 9 resolutions
63,541 shareholders on the register on 29 Jul 2025; present: 8 promoters and 50 others; votes counted by ABHAY R GULAVANI / ABHAY R GULAVANI.The company's voting result (opens in a new tab)
To receive, consider and adopt the audited Standalone Balance Sheet as on 31st March 2025 and the Statement of Profit and Loss Account, Cash Flow Statement for the year ended as on that date, and the Reports of the Directors, Report on Corporate Governance, Business responsibility and sustainability reporting (BRSR) and Auditors thereonMoreLess
Ordinary99.98% for0.02% againstAgainst: promoters 0.00% · institutions 0.00% · other public 1.17%
Turnout: all 32.25% · promoters 67.54% · institutions 76.79% · other public 0.97%
- To appoint a Director in place of Mr. Prafulla V. Shirgaokar (DIN NO- 00151114) who retires by rotation and being eligible, offers himself for re-appointment.Ordinary99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 1.19%
Turnout: all 32.25% · promoters 67.54% · institutions 76.79% · other public 0.97%
- To appoint a Director in place of Mr. Sachin R. Shirgaokar (DIN NO- 00254442) who retires by rotation and being eligible, offers himself for re-appointmentOrdinary99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 1.19%
Turnout: all 32.25% · promoters 67.54% · institutions 76.79% · other public 0.97%
- Alteration of Articles of Association of the CompanySpecial99.46% for0.54% against
Against: promoters 0.00% · institutions 95.03% · other public 1.23%
Turnout: all 32.25% · promoters 67.54% · institutions 76.79% · other public 0.97%
- Continuation of directorship of Mr. Prafulla V. Shirgaokar (DIN NO- 00151114) as a non-executive director of the CompanySpecial99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 1.19%
Turnout: all 32.25% · promoters 67.54% · institutions 76.79% · other public 0.97%
- Reappointment of Mr. S. S. Gangavati (DIN N0-06470675) as an Independent Director of the Company for the period remaining 2 (Two) yearsSpecial99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 1.22%
Turnout: all 32.25% · promoters 67.54% · institutions 76.79% · other public 0.97%
- Reappointment of Mrs. Sunita Thakur (DIN N0-06864894) as an Independent Director of the Company for the period remaining 2 (Two) yearsSpecial99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 1.20%
Turnout: all 32.25% · promoters 67.54% · institutions 76.79% · other public 0.97%
- To ratify the remuneration of Cost Auditors for the financial year ending March 31, 2026,Ordinary99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 1.26%
Turnout: all 32.25% · promoters 67.54% · institutions 76.79% · other public 0.97%
- Appointment of Secretarial Auditor for a period of 5 years from 2025-26Ordinary99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 1.17%
Turnout: all 32.25% · promoters 67.54% · institutions 76.79% · other public 0.97%
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, 24 Oct 2024, 4 resolutions
The company's voting result (opens in a new tab)
- Appointment of Mr. Subhash Kutte (DIN: 00233322) as an independent director of the Company to hold office from 13th August 2024till the expiry of three years on 12th August 2027Special99.97% for0.03% against
Against: promoters 0.00% · institutions 0.00% · other public 0.40%
Turnout: all 36.67% · promoters 74.59% · institutions 67.61% · other public 5.76%
- Appointment of Mr. Ashish Kamath (DIN: 06371682) as an independent director of the Company to hold office from 13th August 2024 till the expiry of three years on 12th August 2027Special99.97% for0.03% against
Against: promoters 0.00% · institutions 0.00% · other public 0.40%
Turnout: all 36.67% · promoters 74.59% · institutions 67.61% · other public 5.75%
- Appointment of Adv. Ravi Shiralkar (DIN: 02434094)as an independent director of the Company to hold office from 13th August 2024till the expiry of three years on 12th August 2027Special99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.25%
Turnout: all 36.67% · promoters 74.59% · institutions 67.61% · other public 5.75%
- Appointment of Mr. Shreenath Deshpande (DIN: 00124076) as an independent director of the Company to hold office from 13th August 2024till the expiry of three years on 12th August 2027Special99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.26%
Turnout: all 36.67% · promoters 74.59% · institutions 67.61% · other public 5.75%
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, 13 Aug 2024, 7 resolutions
Present: 7 promoters and 94 others.The company's voting result (opens in a new tab)
Approval of the audited Standalone Balance Sheet as on 31st March 2024 and the Statement of Profit and Loss Account, Cash Flow Statement for the year ended as on that date, and the Reports of the Directors, Report on Corporate Governance and Auditors thereon.MoreLess
Ordinary99.73% for0.27% againstAgainst: promoters 0.00% · institutions 0.00% · other public 2.06%
Turnout: all 39.31% · promoters 75.18% · institutions 77.13% · other public 9.43%
- To declare Dividend.Ordinary99.73% for0.27% against
Against: promoters 0.00% · institutions 0.00% · other public 2.06%
Turnout: all 39.31% · promoters 75.18% · institutions 77.13% · other public 9.43%
- To appoint a Director in place of Mr. Shishir Shirgaokar (DIN NO- 00166186) who retires by rotation and being eligible, offers herself for re-appointment.Ordinary99.62% for0.38% against
Against: promoters 0.00% · institutions 6.02% · other public 2.06%
Turnout: all 36.16% · promoters 75.18% · institutions 7.71% · other public 9.43%
- To appoint a Director in place of Mrs. Shilpa Kumar (DIN NO- 02404667) who retires by rotation and being eligible, offers himself for re-appointment.Ordinary99.62% for0.38% against
Against: promoters 0.00% · institutions 6.02% · other public 2.06%
Turnout: all 39.31% · promoters 75.18% · institutions 77.13% · other public 9.43%
- Continuation of directorship of Mr. Shishir Shirgaokar as a non-executive director of the Company, liable to retire by rotationSpecialPromoters have an interest in it99.61% for0.39% against
Against: promoters 0.00% · institutions 6.02% · other public 2.08%
Turnout: all 39.31% · promoters 75.18% · institutions 77.13% · other public 9.43%
- Reappointment of Mr. Hari Y. Athawale (DIN N0-7335718) as an Independent Director of the Company for the period remaining 2 (Two) yearsSpecial99.73% for0.27% against
Against: promoters 0.00% · institutions 0.00% · other public 2.08%
Turnout: all 39.27% · promoters 75.18% · institutions 77.13% · other public 9.35%
- To ratify the remuneration of Cost Auditors for the financial year ending March 31, 2025,Ordinary99.73% for0.27% against
Against: promoters 0.00% · institutions 0.00% · other public 2.06%
Turnout: all 39.31% · promoters 75.18% · institutions 77.13% · other public 9.43%
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 Jul 2024, 5 resolutions
The company's voting result (opens in a new tab)
- Payment of remuneration in excess of 11% of the net profits to all the Directors and also in excess of 10% of the net profits to Executive DirectorsSpecial95.55% for4.45% against
Against: promoters 0.00% · institutions 100.00% · other public 3.22%
Turnout: all 42.95% · promoters 77.60% · institutions 92.53% · other public 12.59%
- Payment of commission to Non-Executive & Independent Directors for the financial year 2023-24Ordinary99.50% for0.50% against
Against: promoters 0.00% · institutions 0.00% · other public 3.23%
Turnout: all 42.02% · promoters 76.06% · institutions 92.53% · other public 12.13%
- The remuneration payable to Mr. Niraj S. Shirgaokar (DIN.00254525 )SpecialPromoters have an interest in it95.61% for4.39% against
Against: promoters 0.00% · institutions 100.00% · other public 2.87%
Turnout: all 42.95% · promoters 77.60% · institutions 92.53% · other public 12.59%
- The remuneration payable to Mr. Chandan Sanjeev Shirgaokar (DIN. 00208200 )SpecialPromoters have an interest in it95.61% for4.39% against
Against: promoters 0.00% · institutions 100.00% · other public 2.88%
Turnout: all 42.95% · promoters 77.60% · institutions 92.53% · other public 12.59%
- Reclassification of Promoters of the Company as Public Shareholders.Special99.52% for0.48% against
Against: promoters 0.00% · institutions 0.00% · other public 4.54%
Turnout: all 40.48% · promoters 77.60% · institutions 92.53% · other public 7.98%
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 Jul 2024, 5 resolutions
The company's voting result (opens in a new tab)
- Payment of remuneration in excess of 11% of the net profits to all the Directors and also in excess of 10% of the net profits to Executive DirectorsSpecial95.55% for4.45% against
Against: promoters 0.00% · institutions 100.00% · other public 3.22%
Turnout: all 42.95% · promoters 77.60% · institutions 92.53% · other public 12.59%
- Payment of commission to Non-Executive & Independent Directors for the financial year 2023-24Ordinary99.50% for0.50% against
Against: promoters 0.00% · institutions 0.00% · other public 3.23%
Turnout: all 42.02% · promoters 76.06% · institutions 92.53% · other public 12.13%
- The remuneration payable to Mr. Niraj S. Shirgaokar (DIN.00254525 )SpecialPromoters have an interest in it95.61% for4.39% against
Against: promoters 0.00% · institutions 100.00% · other public 2.87%
Turnout: all 42.95% · promoters 77.60% · institutions 92.53% · other public 12.59%
- The remuneration payable to Mr. Chandan Sanjeev Shirgaokar (DIN. 00208200 )SpecialPromoters have an interest in it95.61% for4.39% against
Against: promoters 0.00% · institutions 100.00% · other public 2.88%
Turnout: all 42.95% · promoters 77.60% · institutions 92.53% · other public 12.59%
- Reclassification of Promoters of the Company as Public Shareholders.Special99.52% for0.48% against
Against: promoters 0.00% · institutions 0.00% · other public 4.54%
Turnout: all 40.48% · promoters 77.60% · institutions 92.53% · other public 7.98%
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, 24 Mar 2024, 2 resolutions
The company's voting result (opens in a new tab)
- Payment of commission to Non-Executive & Independent Directors for the financial year 2022-23OrdinaryPromoters have an interest in it99.40% for0.60% against
Against: promoters 0.00% · institutions 0.00% · other public 6.61%
Turnout: all 37.23% · promoters 71.70% · institutions 91.45% · other public 6.34%
- Appointment of Shri. Sohan Sanjeev Shirgaokar as Executive Director in full time employment of the CompanySpecialPromoters have an interest in it93.90% for6.10% against
Against: promoters 0.00% · institutions 100.00% · other public 6.15%
Turnout: all 36.99% · promoters 71.18% · institutions 91.45% · other public 6.32%
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.
Annual general meeting, 10 Aug 2023, 6 resolutions
Present: 5 promoters and 78 others.The company's voting result (opens in a new tab)
Approval of the Audited Standalone Balance Sheet as on 31st March 2023 and the Statement of Profit and Loss Account, Cash Flow Statement for the year ended as on that date and the Reports of the Directors, Report on Corporate Governance and Auditors thereon, andnnAudited Consolidated Financial Statements of the Company for the financial year ended 31st March 2022, together with the Report of the Auditors thereonMoreLess
Ordinary99.11% for0.89% againstAgainst: promoters 0.00% · institutions 0.00% · other public 8.68%
Turnout: all 40.09% · promoters 75.27% · institutions 76.36% · other public 7.85%
- To declare dividendOrdinary99.12% for0.88% against
Against: promoters 0.00% · institutions 0.00% · other public 8.68%
Turnout: all 40.28% · promoters 75.27% · institutions 81.73% · other public 7.85%
- To appoint a Director in place of Mr. Prafulla Vinayak Shirgaokar (DIN N0.0151114) who retires by rotation and being eligible, offers himself for re-appointment.OrdinaryPromoters have an interest in it93.65% for6.35% against
Against: promoters 0.00% · institutions 77.92% · other public 9.33%
Turnout: all 40.28% · promoters 75.27% · institutions 81.73% · other public 7.85%
- To appoint a Director in place of Mr. Sachin Rajendra Shirgaokar (DIN NO- 00254442) who retires by rotation and being eligible, offers himself for re-appointment.OrdinaryPromoters have an interest in it92.66% for7.34% against
Against: promoters 0.00% · institutions 92.14% · other public 9.33%
Turnout: all 40.28% · promoters 75.27% · institutions 81.73% · other public 7.85%
- To Consider Continuation of directorship of Mr. Prafulla Vinayak Shirgaokar (DIN N0.0151114) as a non-executive director of the Company, up to AGM to be held in 2026, liable to retire by rotationSpecialPromoters have an interest in it92.66% for7.34% against
Against: promoters 0.00% · institutions 92.14% · other public 9.33%
Turnout: all 40.28% · promoters 75.27% · institutions 81.73% · other public 7.85%
- To consider and ratify the remuneration payable to Cost Auditor.Ordinary99.05% for0.95% against
Against: promoters 0.00% · institutions 0.00% · other public 9.33%
Turnout: all 40.28% · promoters 75.27% · institutions 81.73% · other public 7.85%
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.
Fines and tax disputes
Reported in the filing for the quarter to Sep 2026.
- Fine or penaltyCDSLSince 30 Sep 2026₹5,000
Imposition of penalty
Delay in confirmation/rejection of pending demat/remat requests within prescribed time period where the delay is attributable to the Issuer - Tax disputeBombay High CourtSince 30 Jun 2006Pending with Mumbai High Court
- Tax disputeCIT(A) KolhapurSince 24 Apr 2019Pending with CIT (A)At the filing before: Adjournment letter filed before CIT(A).Thereafter Non availability of CIT (A) from COVID lockdown
- Tax disputeITAT PuneSince 20 Feb 2023Pending with Mumbai High CourtAt the filing before: In ITAT case is settled and it is our against order passed
- Tax disputeITAT PuneSince 28 Jan 2017Pending with CIT (A)At the filing before: In ITAT case is settled and it is our against order passed
- Tax disputeCIT(A) KolhapurSince 24 Jan 2019Pending with CIT (A)At the filing before: Department isssued notice on 29.08.2022 and we have submitted required information on 06.09.2022.
- Tax disputeCIT(A) KolhapurSince 15 Jan 2021Pending with CIT (A)
At the filing before: Disallowed under section 41 of Rs.1.08 Crores and we accepted Rs.66 Lakhs related to depreciation not added back to the TI and balance amount is to be allowed and also there is carry forward loss and no liability as such.MoreLess
- Tax disputeCIT(A) KolhapurSince 24 Apr 2022Pending with CIT (A)At the filing before: Appeal filed on 24.04.2022
1 more
- Tax disputeRectification filed CPCSince 1 Aug 2023Pending with CIT (A)At the filing before: Till date CPC is not replied.
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
- No
- 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
- Yes
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.