UTI Asset Management Company CEO, MD, chairman, board of directors and AGM
NSE: UTIAMCBSE: 543238Capital MarketsSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹851.15.
- Next results date: the board meets on 23 Oct 2026 to consider: financial results and other business matters.
- 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.
- ₹10,502 Cr483rd 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 22 Jul 2026
- 22.8
- P/E without one-offsPrice to earnings without one-off items. Market cap divided by core profit: 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, less one-off items (exceptional items and the result of businesses sold or closed). Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes −₹109 crore of one-off items, the largest of them in the quarter to Dec 2025.
- 18.4
- 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 23 Apr 2026
- 2.3
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 4.90%
- 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 22 Jul 2026
- 10.1%
- ROE without one-offsReturn on equity without one-off items. Core profit, 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 less one-off items (exceptional items and the result of businesses sold or closed), as a percentage of the same net worth as the return on equity. Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes −₹109 crore of one-off items, the largest of them in the quarter to Dec 2025.
- 12.5%
- 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 22 Jul 2026
- 17.7%
- 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 23 Apr 2026
- 0.00
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 2,30,84061.6% delivered
UTI Asset Management Company 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
- ChairpersonDeepak Kumar Chatterjee
- Managing director and CEOVetri Subramaniam
- Company Secretary and Compliance OfficerMr. Arvind Patkar
9 directors6 independent1 executive2 non-executive
- Deepak Kumar Chatterjee · ChairpersonIndependent · joined Sep 2018 · reappointed Jul 2021 · 93 months as independent · 1 listed board · 1 as independent · 1 committee seat
- Jayashree VaidhyanathanIndependent · joined Nov 2019 · reappointed Dec 2024 · 79 months as independent · 2 listed boards · 2 as independent · 5 committee seats
- Atul DhawanIndependent · joined Oct 2025 · 8 months as independent · 2 listed boards · 2 as independent · 3 committee seats, 1 as chair
- P. V. BharathiIndependent · joined Oct 2025 · 8 months as independent · 2 listed boards · 2 as independent · 1 committee seat
- Philip MathewIndependent · joined Oct 2025 · 8 months as independent · 1 listed board · 1 as independent
- Vishakha R MIndependent · joined Oct 2025 · 8 months as independent · 1 listed board · 1 as independent · 2 committee seats
- Santosh KumarNominee, non-executive · joined Oct 2024 · 1 listed board · 1 committee seat, 1 as chair
- Linsley CarruthNominee, non-executive · joined Oct 2025 · 1 listed board · 1 committee seat
- Vetri Subramaniam · Managing director and CEOExecutive · joined Feb 2026 · 1 listed board
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.
7 directors who left
- Imtaiyazur Rahman, left 31 Jan 2026: Others
- Flemming Madsen, left 31 Dec 2025: Others
- Dinesh Kumar Mehrotra, left 27 Nov 2025: Tenure Completion
- Narasimhan Seshadri, left 27 Nov 2025: Tenure Completion
- Srivatsa Desikamani, left 16 Sep 2025: Others
- Dipali Hemant Sheth, left 15 Dec 2024: Tenure Completion
- Rajeev Kakar, left 10 Dec 2024: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 18 Jun 20268 of 9 present5 independent · 55 days in between
- 23 Apr 20269 of 9 present6 independent · 33 days in between
- 20 Mar 20269 of 9 present6 independent · 20 days in between
- 27 Feb 20268 of 9 present6 independent · 36 days in between
1 earlier meeting
- 21 Jan 20269 of 9 present6 independent
Audit Committee
Chair Atul Dhawan
Jayashree Vaidhyanathan, P. V. Bharathi, Linsley Carruth
- 23 Apr 20264 of 4 present3 independent · 34 days in between
- 19 Mar 20264 of 4 present3 independent · 56 days in between
- 21 Jan 20264 of 4 present3 independent · no day in between
- 20 Jan 20264 of 4 present3 independent
Nomination and remuneration committee
Chair Philip Mathew
Linsley Carruth, Atul Dhawan, Vishakha R M
- 12 Jun 20264 of 4 present3 independent · 28 days in between
- 14 May 20264 of 4 present3 independent · 28 days in between
- 15 Apr 20264 of 4 present3 independent · 50 days in between
- 23 Feb 20264 of 4 present3 independent
Stakeholders Relationship Committee
Chair Santosh Kumar
Deepak Kumar Chatterjee, Jayashree Vaidhyanathan, Vishakha R M
- 16 Apr 20264 of 4 present3 independent
Risk Management Committee
Chair Jayashree Vaidhyanathan
Deepak Kumar Chatterjee, Linsley Carruth, Vishakha R M
- 22 Apr 20264 of 4 present3 independent · 91 days in between
- 20 Jan 20264 of 4 present3 independent
Corporate Social Responsibility Committee
Chair Vishakha R M
Santosh Kumar, Philip Mathew, Vetri Subramaniam
- 16 Mar 20263 of 4 present2 independent
Unitholder Protection Committee
Chair P. V. Bharathi
Deepak Kumar Chatterjee, Linsley Carruth, Philip Mathew, Vetri Subramaniam
- 22 Apr 20265 of 5 present3 independent · 91 days in between
- 20 Jan 20265 of 5 present3 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.
- BSR & Co. LLPPeer-review certificate valid to Jul 2028
1 earlier auditor
- B S R & Co. LLPNamed in the filing for the quarter to Mar 2025
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.
UTI Asset Management Company 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.UTI Asset Management Company dividend history
Postal ballot, 7 Oct 2026
1,73,643 shareholders on the register on 4 Sep 2026; votes counted by Vishal N. Manseta / Vishal N. Manseta.The company's voting result (opens in a new tab)
- To approve the appointment of Mr. Narayan Subramaniam Ayypankav (DIN:00007404), as the Non-Executive Independent Director of the Company, not liable to retire by rotationSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 1.33%
Turnout: all 87.96% · promoters 0.00% · institutions 99.06% · other public 2.82%
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, 21 Jul 2026, 4 resolutions
1,66,929 shareholders on the register on 14 Jul 2026; present: 0 promoters and 84 others; votes counted by Vishal N. Manseta / Vishal N. Manseta.The company's voting result (opens in a new tab)
To receive, consider and adopt: (a) the audited standalone financial statements of the Company for the financial year ended 31st March, 2026 and the directors’ report and auditor’s report thereon (b) the audited consolidated financial statements of the Company for the financial year ended 31st March, 2026 and the auditor’s report thereonMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.08%
Turnout: all 73.16% · promoters 0.00% · institutions 82.06% · other public 3.23%
- To declare a final dividend on equity shares for the financial year ended 31st March, 2026Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.08%
Turnout: all 73.18% · promoters 0.00% · institutions 82.09% · other public 3.23%
- To re-appoint Mr. Santosh Kumar (DIN: 10166739), who retires by rotation, as a NonExecutive Nominee DirectorOrdinary85.75% for14.25% against
Against: promoters 0.00% · institutions 14.32% · other public 0.11%
Turnout: all 73.18% · promoters 0.00% · institutions 82.09% · other public 3.21%
- To re-appoint and fix remuneration of M/s. B S R & Co. LLP, Chartered Accountants as Statutory Auditor of the CompanyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.09%
Turnout: all 73.18% · promoters 0.00% · institutions 82.09% · other public 3.21%
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.
Extraordinary general meeting, 25 Nov 2025, 5 resolutions
1,62,492 shareholders on the register on 20 Nov 2025; present: 0 promoters and 84 others; votes counted by Vishal N. Manseta / Vishal N. Manseta.The company's voting result (opens in a new tab)
- To approve the appointment of Mr. Atul Dhawan (DIN: 07373372), as the Non-Executive Independent Director of the Company, not liable to retire by rotationSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.20%
Turnout: all 89.01% · promoters 0.00% · institutions 98.69% · other public 2.02%
- To approve the appointment of Ms. P V Bharathi (DIN: 06519925), as Non-Executive Independent Director of the Company, not liable to retire by rotationSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.18%
Turnout: all 89.01% · promoters 0.00% · institutions 98.69% · other public 2.02%
- To approve the appointment of Mr. Philip Mathew (DIN: 09638394), as Non-Executive Independent Director of the Company, not liable to retire by rotationSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.20%
Turnout: all 89.01% · promoters 0.00% · institutions 98.69% · other public 2.02%
- To approve the appointment of Ms. Vishakha R M (DIN: 07108012), as Non-Executive Independent Director of the Company, not liable to retire by rotationSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.18%
Turnout: all 89.01% · promoters 0.00% · institutions 98.69% · other public 2.02%
- To approve the appointment of Ms. Linsley Carruth (DIN: 11347011) as a Non-Executive Nominee Director, liable to retire by rotationOrdinary99.89% for0.11% against
Against: promoters 0.00% · institutions 0.10% · other public 4.24%
Turnout: all 89.01% · promoters 0.00% · institutions 98.69% · other public 2.02%
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.
Extraordinary general meeting, 30 Sep 2025, 2 resolutions
1,63,916 shareholders on the register on 26 Sep 2025; present: 0 promoters and 66 others; votes counted by Vishal N. Manseta / Vishal N. Manseta.The company's voting result (opens in a new tab)
- Approval of the appointment of Mr. Vetri Subramaniam (DIN: 11106784) as a Director of the Company, not liable to retire by rotationOrdinary99.75% for0.25% against
Against: promoters 0.00% · institutions 0.24% · other public 2.47%
Turnout: all 66.46% · promoters 0.00% · institutions 73.48% · other public 2.46%
- Approval of the appointment and remuneration of Mr. Vetri Subramaniam (DIN: 11106784) as a Managing Director & Chief Executive Officer of the Company, not liable to retire by rotationOrdinary92.29% for7.71% against
Against: promoters 0.00% · institutions 7.73% · other public 2.51%
Turnout: all 66.46% · promoters 0.00% · institutions 73.48% · other public 2.45%
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, 31 Jul 2025, 4 resolutions
1,65,564 shareholders on the register on 24 Jul 2025; present: 0 promoters and 123 others; votes counted by Vishal N. Manseta / Vishal N. Manseta.The company's voting result (opens in a new tab)
To receive, consider and adopt: (a) the audited standalone financial statements of the Company for the financial year ended 31st March, 2025 and the directors’ report and auditor’s report thereon; and (b) the audited consolidated financial statements of the Company for the financial year ended 31st March, 2025 and the auditor’s report thereonMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 88.66% · promoters 0.00% · institutions 98.22% · other public 3.62%
- To declare a final dividend on equity shares for the financial year ended 31st March, 2025Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.04%
Turnout: all 88.70% · promoters 0.00% · institutions 98.27% · other public 3.62%
- To re-appoint Mr. Srivatsa Desikamani (DIN: 10193489), who retires by rotation, as a Non-Executive Nominee DirectorOrdinary93.89% for6.11% against
Against: promoters 0.00% · institutions 6.13% · other public 1.80%
Turnout: all 88.70% · promoters 0.00% · institutions 98.27% · other public 3.62%
- To appoint Mr. Vishal N. Manseta, Company Secretary in Practice as the Secretarial Auditor of the CompanyOrdinary98.72% for1.28% against
Against: promoters 0.00% · institutions 1.28% · other public 0.91%
Turnout: all 88.70% · promoters 0.00% · institutions 98.27% · other public 3.62%
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 Jan 2025, 1 resolution
1,81,651 shareholders on the register on 13 Dec 2024; votes counted by Vishal N. Manseta / Vishal N. Manseta.The company's voting result (opens in a new tab)
- To re-appoint Ms. Jayashree Vaidhyanathan (DIN: 07140297) as Non-Executive Independent DirectorSpecial93.66% for6.34% against
Against: promoters 0.00% · institutions 6.34% · other public 1.93%
Turnout: all 88.22% · promoters 0.00% · institutions 98.04% · other public 0.72%
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 Dec 2024, 1 resolution
The company's voting result (opens in a new tab)
- To appoint Mr. Santosh Kumar (DIN: 10166739) as Non – Executive Nominee DirectorOrdinary99.86% for0.14% against
Against: promoters 0.00% · institutions 0.13% · other public 2.71%
Turnout: all 66.08% · promoters 0.00% · institutions 72.89% · other public 1.76%
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, 25 Jul 2024, 4 resolutions
Present: 0 promoters and 106 others.The company's voting result (opens in a new tab)
To receive, consider and adopt: n(a) the audited standalone financial statements of the Company for the financial year ended 31st March, 2024 and the directors’ report and auditor’s report thereon; and n(b) the audited consolidated financial statements of the Company for the financial year ended 31st March, 2024 and the auditor’s report thereonMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.66%
Turnout: all 88.71% · promoters 0.00% · institutions 98.87% · other public 2.19%
- To declare a final dividend on equity shares for the financial year ended 31st March, 2024Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.06%
Turnout: all 88.71% · promoters 0.00% · institutions 98.88% · other public 2.19%
- To re-appoint Mr. Flemming Madsen (DIN: 02904543), who retires by rotation, as a Non- Executive Nominee DirectorOrdinary99.68% for0.32% against
Against: promoters 0.00% · institutions 0.32% · other public 0.72%
Turnout: all 88.71% · promoters 0.00% · institutions 98.88% · other public 2.18%
- To approve the Payment of Commission to the Non-executive Independent Directors of the CompanySpecial99.98% for0.02% against
Against: promoters 0.00% · institutions 0.02% · other public 1.40%
Turnout: all 88.71% · promoters 0.00% · institutions 98.88% · other public 2.18%
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 21 Jul 2026, 10 fund houses so far (houses' deadline to file 15 Oct 2026)
To receive, consider and adopt: (a) the audited standalone financial statements of the Company for the financial year ended 31st March, 2026 and the directors’ report and auditor’s report thereon (b) the audited consolidated financial statements of the Company for the financial year ended 31st March, 2026 and the auditor’s report thereonMoreLess
10 for0 against- To declare a final dividend on equity shares for the financial year ended 31st March, 202610 for0 against
- To re-appoint Mr. Santosh Kumar (DIN: 10166739), who retires by rotation, as a NonExecutive Nominee Director
Against Angel One Mutual Fund, DSP Mutual Fund, Edelweiss Mutual Fund, Jio BlackRock Mutual Fund, Navi Mutual Fund, Sundaram Mutual Fund
- Angel One Mutual FundGovernance Concern: Low attendance at Board meetings and no justification for leave of absence.
- DSP Mutual Fund, Jio BlackRock Mutual Fund, Sundaram Mutual FundSantosh Kumar, 53, is General Manager, Treasury Division, Punjab National Bank (PNB). He is a nominee of Punjab National Bank which holds 15.03% equity (as on 31 March 2026) in the company. He has served on the board since 1 October 2024 and has more than two decades of banking experience across domestic banking, international banking and treasury. He attended ten out of seventeen (59%) board meetings held in FY26 and fourteen out of twenty-two (64%) board meetings since his appointment on the board. The company has clarified the reasons for his absence from certain board meetings and provided details of his FY25 attendance. We recognise that Santosh Kumar brings relevant banking sector experience to the board. Notwithstanding, we have a threshold of 75% attendance over the three years prior to appointment. Since his attendance is below our thresholds, we are unable to support the resolution.
- Edelweiss Mutual Fund, Navi Mutual FundCompliant with law. No concern identified on the merits of Director. Governance Concern: Low attendance at Board meetings and no justification for leave of absence.
4 for6 against - To re-appoint and fix remuneration of M/s. B S R & Co. LLP, Chartered Accountants as Statutory Auditor of the Company10 for0 against
Mutual fund votes, meeting of 25 Nov 2025, 23 fund houses
- To approve the appointment of Mr. Atul Dhawan (DIN: 07373372), as the Non-Executive Independent Director of the Company, not liable to retire by rotation23 for0 against
- To approve the appointment of Ms. P V Bharathi (DIN: 06519925), as Non-Executive Independent Director of the Company, not liable to retire by rotation23 for0 against
- To approve the appointment of Mr. Philip Mathew (DIN: 09638394), as Non-Executive Independent Director of the Company, not liable to retire by rotation23 for0 against
- To approve the appointment of Ms. Vishakha R M (DIN: 07108012), as Non-Executive Independent Director of the Company, not liable to retire by rotation23 for0 against
- To approve the appointment of Ms. Linsley Carruth (DIN: 11347011) as a Non-Executive Nominee Director, liable to retire by rotation23 for0 against
5 earlier meetings
Mutual fund votes, meeting of 30 Sep 2025, 23 fund houses
- Approval of the appointment of Mr. Vetri Subramaniam (DIN: 11106784) as a Director of the Company, not liable to retire by rotation23 for0 against
- Approval of the appointment and remuneration of Mr. Vetri Subramaniam (DIN: 11106784) as a Managing Director & Chief Executive Officer of the Company, not liable to retire by rotation23 for0 against
Mutual fund votes, meeting of 31 Jul 2025, 22 fund houses
To receive, consider and adopt: (a) the audited standalone financial statements of the Company for the financial year ended 31st March, 2025 and the directors’ report and auditor’s report thereon; and (b) the audited consolidated financial statements of the Company for the financial year ended 31st March, 2025 and the auditor’s report thereonMoreLess
22 for0 against- To declare a final dividend on equity shares for the financial year ended 31st March, 202522 for0 against
- To re-appoint Mr. Srivatsa Desikamani (DIN: 10193489), who retires by rotation, as a Non-Executive Nominee Director
Against HSBC Mutual Fund
- HSBC Mutual FundWe have concerns about the director's attendance at board meetings.
21 for1 against - To appoint Mr. Vishal N. Manseta, Company Secretary in Practice as the Secretarial Auditor of the Company22 for0 against
Mutual fund votes, meeting of 16 Jan 2025, 19 fund houses
- To re-appoint Ms. Jayashree Vaidhyanathan (DIN: 07140297) as Non-Executive Independent Director
Against Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Nippon India Mutual Fund
- Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual FundNo concern on merit of the Director. Re-appointment not in accordance with Companies Act, 2013: Prior approval of shareholders not obtained for second term.
- Nippon India Mutual FundPrior approval of shareholders not obtained.
15 for4 against
Mutual fund votes, meeting of 14 Dec 2024, 23 fund houses
- To appoint Mr. Santosh Kumar (DIN: 10166739) as Non – Executive Nominee Director23 for0 against
Mutual fund votes, meeting of 25 Jul 2024, 16 fund houses
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
To receive, consider and adopt: n(a) the audited standalone financial statements of the Company for the financial year ended 31st March, 2024 and the directors’ report and auditor’s report thereon; and n(b) the audited consolidated financial statements of the Company for the financial year ended 31st March, 2024 and the auditor’s report thereonMoreLess
15 for0 against- To declare a final dividend on equity shares for the financial year ended 31st March, 202415 for0 against
- To re-appoint Mr. Flemming Madsen (DIN: 02904543), who retires by rotation, as a Non- Executive Nominee Director16 for0 against
- To approve the Payment of Commission to the Non-executive Independent Directors of the Company
Against Axis Mutual Fund, Groww Mutual Fund, Taurus Mutual Fund
- Axis Mutual Fund, Taurus Mutual FundThe board proposes to pay commission to independent directors from FY24 onwards due to the growing responsibilities of the independent directors which require greater time commitment and a high level of oversight. The aggregate commission will be within the overall limits of 1% of net profits. The proposed commission to independent directors is reasonable and in-line with market practices. However, the company has not defined a tenure for payment of commission and the resolution is effectively valid for perpetuity. We believe shareholders must get a chance to periodically approve such payments and therefore do not support the resolution.
- Groww Mutual FundCompliant with Law. Governance & Transparency Concern: Perpetual approval without absolute cap.
13 for3 against
2 proposals not matched to one resolution
- Item 1, as a fund house numbered it1 for0 against
- Item 2, as a fund house numbered it1 for0 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
- 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.