Share price at the NSE close on 23 Oct 2026. Previous close ₹170.14.
- 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.
- ₹5,937 Cr640th 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 13 Aug 2026
- 33.2
- 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 ₹28 crore of one-off items, the largest of them in the quarter to Dec 2025.
- 39.3
- 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 28 May 2026
- 6.6
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- 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 13 Aug 2026
- 28.6%
- 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 ₹28 crore of one-off items, the largest of them in the quarter to Dec 2025.
- 24.2%
- 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 13 Aug 2026
- 25.4%
- 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 28 May 2026
- 0.28
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 13,45,97949.5% delivered
V2 Retail 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
- Chairperson and managing directorRAM CHANDRA AGARWAL
- Chief executiveAKASH AGARWAL
- Company Secretary and Compliance OfficerSHIVAM AGGARWAL
6 directors3 independent3 executive
- RAM CHANDRA AGARWAL · Chairperson and managing directorExecutive · joined Jul 2001 · reappointed Nov 2021 · 1 listed board · 2 committee seats
- UMA AGARWALExecutive · joined Jul 2001 · reappointed Jul 2025 · 1 listed board · 1 committee seat
- AKASH AGARWAL · Chief executiveExecutive · joined Sep 2017 · reappointed Aug 2023 · 1 listed board
- ARCHANA SURENDRA YADAVIndependent · joined Jan 2020 · reappointed Jan 2025 · 77 months as independent · 4 listed boards · 4 as independent · 4 committee seats, 3 as chair
- ARUN KUMAR ROOPANWALIndependent · joined Jan 2020 · reappointed Jan 2025 · 77 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
- SRINIVAS ANAND MANNAVAIndependent · joined Feb 2023 · 40 months as independent · 1 listed board · 1 as independent · 1 committee seat
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
- 28 May 20265 of 6 present3 independent · 113 days in between
- 3 Feb 20266 of 6 present3 independent
Audit Committee
Chair ARCHANA SURENDRA YADAV
RAM CHANDRA AGARWAL, ARUN KUMAR ROOPANWAL, SRINIVAS ANAND MANNAVA
- 28 May 20264 of 4 present3 independent · 113 days in between
- 3 Feb 20264 of 4 present3 independent
Nomination and remuneration committee
Chair ARUN KUMAR ROOPANWAL
ARCHANA SURENDRA YADAV, SRINIVAS ANAND MANNAVA
- 28 May 20263 of 3 present3 independent
Stakeholders Relationship Committee
Chair ARUN KUMAR ROOPANWAL
UMA AGARWAL, ARCHANA SURENDRA YADAV, RAM CHANDRA AGARWAL
No meeting listed in the filing.
Risk Management Committee
Chair ARUN KUMAR ROOPANWAL
AKASH AGARWAL, SRINIVAS ANAND MANNAVA
- 3 Feb 20263 of 3 present2 independent
Corporate Social Responsibility Committee
Chair ARCHANA SURENDRA YADAV
RAM CHANDRA AGARWAL, AKASH AGARWAL, ARUN KUMAR ROOPANWAL
- 28 May 20264 of 4 present2 independent
ESOP Committee
Chair RAM CHANDRA AGARWAL
UMA AGARWAL, AKASH AGARWAL
No meeting listed in the filing.
Fund Raising Committee
Chair RAM CHANDRA AGARWAL
UMA AGARWAL, AKASH AGARWAL
No meeting listed in the filing.
Independent Directors
- 3 Feb 20263 of 3 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 Mar 2026.
- SINGHI & CO.Peer-review certificate valid to Aug 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.
V2 Retail 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.V2 Retail share news and announcements
Annual general meeting, 31 Jul 2026
58,461 shareholders on the register on 24 Jul 2026; present: 8 promoters and 77 others; votes counted by SHARWAN KUMAR GOEL / KUMAR SARWAN & CO..The company's voting result (opens in a new tab)
- To consider and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2026, together with the Reports of the Board of Directors and Auditors thereonOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 64.21% · promoters 99.81% · institutions 85.03% · other public 1.78%
- To consider and adopt the Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2026, together with the Reports of Auditors thereonOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 64.21% · promoters 99.81% · institutions 85.03% · other public 1.78%
To appoint a Director in place of Mr. Ram Chandra Agarwal, Chairman & Managing Director having DIN: 00491885, who retires by rotation in terms of Section 152(6) of the Companies Act, 2013 at this AGM and being eligible, offers himself for re-appointmentMoreLess
OrdinaryPromoters have an interest in it98.76% for1.24% againstAgainst: promoters 0.00% · institutions 6.51% · other public 0.03%
Turnout: all 64.21% · promoters 99.81% · institutions 85.03% · other public 1.78%
- To Approve the Re-appointment of Mr. Ram Chandra Agarwal, (DIN: 00491885) as the Chairman & Managing Director of the Company for a further period of 5 years w.e.f. November 22, 2026SpecialPromoters have an interest in it98.73% for1.27% against
Against: promoters 0.00% · institutions 6.14% · other public 0.03%
Turnout: all 59.13% · promoters 89.93% · institutions 85.03% · other public 1.78%
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, 8 Mar 2026, 2 resolutions
38,671 shareholders on the register on 30 Jan 2026; votes counted by SHARWAN KUMAR GOEL / KUMAR SARWAN & CO..The company's voting result (opens in a new tab)
- Sub-division of Equity SharesOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 62.94% · promoters 98.98% · institutions 84.53% · other public 5.72%
- Alteration of the capital clause of Memorandum of Association of the CompanyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 62.94% · promoters 98.98% · institutions 84.53% · other public 5.72%
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.
Annual general meeting, 5 Sep 2025, 8 resolutions
40,750 shareholders on the register on 29 Aug 2025; present: 8 promoters and 84 others; votes counted by SHARWAN KUMAR GOEL / KUMAR SARWAN & CO..The company's voting result (opens in a new tab)
- To consider and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2025, together with the Reports of the Board of Directors and Auditors thereonOrdinary97.76% for2.24% against
Against: promoters 0.00% · institutions 18.51% · other public 0.03%
Turnout: all 62.75% · promoters 99.84% · institutions 86.66% · other public 2.80%
- To consider and adopt the Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2025, together with the Reports of Auditors thereonOrdinary97.76% for2.24% against
Against: promoters 0.00% · institutions 18.51% · other public 0.03%
Turnout: all 62.75% · promoters 99.84% · institutions 86.66% · other public 2.80%
To appoint a Director in place of Ms. Uma Agarwal, Whole-time Director having DIN: 00495945, who retires by rotation in terms of Section 152(6) of the Companies Act, 2013 at this AGM and being eligible, offers herself for re-appointmentMoreLess
OrdinaryPromoters have an interest in it99.93% for0.07% againstAgainst: promoters 0.00% · institutions 0.60% · other public 0.03%
Turnout: all 62.75% · promoters 99.84% · institutions 86.66% · other public 2.80%
- To Approve the Re-appointment of Ms. Uma Agarwal, (DIN: 00495945) as the Whole Time Director of the Company for a further period of 5 years w.e.f. July 22, 2025SpecialPromoters have an interest in it99.67% for0.33% against
Against: promoters 0.00% · institutions 2.75% · other public 0.03%
Turnout: all 62.75% · promoters 99.84% · institutions 86.66% · other public 2.80%
To Approve Re-appointment of Mr. Arun Kumar Roopanwal, (DIN: 00406817) as an Independent Director of the Company for another period of 5 years w.e.f. January 26, 2025 and approve continuation as a Non-Executive Independent Director beyond the age of 75 yearsMoreLess
Special98.92% for1.08% againstAgainst: promoters 0.00% · institutions 8.95% · other public 0.03%
Turnout: all 62.75% · promoters 99.84% · institutions 86.66% · other public 2.80%
- To Approve Re-appointment of Ms. Archana Surendra Yadav, (DIN: 07335198) as an Independent Directors of the Company for another period of 5 years w.e.f. January 26, 2025Special98.18% for1.82% against
Against: promoters 0.00% · institutions 15.04% · other public 0.03%
Turnout: all 62.75% · promoters 99.84% · institutions 86.66% · other public 2.80%
- To Appoint M/s Don Banthia & Associates, Practicing Company Secretaries having Peer Review Code: 5880/2024), as the Secretarial Auditors of the Company for a period of five yearsOrdinary99.62% for0.38% against
Against: promoters 0.00% · institutions 3.11% · other public 0.03%
Turnout: all 62.75% · promoters 99.84% · institutions 86.66% · other public 2.80%
- To approve capital raising by way of issuance of equity shares and/or equity linked securities by way of Qualified Institutions Placement (“QIP”)Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 62.75% · promoters 99.84% · institutions 86.66% · other public 2.80%
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, 27 Sep 2024, 2 resolutions
Present: 5 promoters and 64 others.The company's voting result (opens in a new tab)
To consider and adopt the Audited Financial Statements (Standalone & Consolidated) of the Company for the Financial Year ended 31st March, 2024, together with the Reports of the Board of Directors and Auditors thereon.MoreLess
Ordinary99.77% for0.23% againstAgainst: promoters 0.00% · institutions 2.99% · other public 0.01%
Turnout: all 60.01% · promoters 99.84% · institutions 79.67% · other public 2.82%
To appoint a Director in place of Mr. Akash Agarwal, Whole-time Director having DIN: 03194632, who retires by rotation in terms of Section 152(6) of the Companies Act, 2013 at this AGM and being eligible, offers himself for re-appointment.MoreLess
OrdinaryPromoters have an interest in it100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 60.01% · promoters 99.84% · institutions 79.67% · 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, 29 Sep 2023, 3 resolutions
Present: 8 promoters and 63 others.The company's voting result (opens in a new tab)
To consider and adopt the Audited Financial Statements (Standalone & Consolidated) of the Company for the Financial Year ended 31st March, 2023, together with the Reports of the Board of Directors and Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 60.38% · promoters 97.17% · institutions 94.45% · other public 3.32%
To appoint a Director in place of Mrs. Uma Agarwal, Whole-time Director having DIN: 00495945, who retires by rotation in terms of Section 152(6) of the Companies Act, 2013 at this AGM and being eligible, offers herself for re-appointment.MoreLess
OrdinaryPromoters have an interest in it100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.08%
Turnout: all 50.81% · promoters 79.54% · institutions 94.45% · other public 3.32%
- To consider & approve the appointment of Mr. Akash Agarwal having DIN: 03194632 as Whole-time Director of the Company w.e.f. 12th August, 2023 for a period of five years.SpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.08%
Turnout: all 50.81% · promoters 79.54% · institutions 94.45% · other public 3.32%
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.
Postal ballot, 26 Mar 2023, 1 resolution
The company's voting result (opens in a new tab)
- Appointment of Mr. Srinivas Anand Mannava (DIN: 09361339) as an Independent Director of the Company w.e.f. 10th February, 2023 for a term of 5 (five) yearsSpecial99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.79%
Turnout: all 58.77% · promoters 96.40% · institutions 80.66% · other public 1.91%
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, 30 Sep 2022, 4 resolutions
Present: 20 promoters and 120 others.The company's voting result (opens in a new tab)
TO CONSIDER AND ADOPT THE AUDITED STANDALONE FINANCIAL STATEMENTS OF THE COMPANY FOR THE FINANCIAL YEAR ENDED 31ST MARCH 2022 TOGETHER WITH THE REPORTS OF THE BOARD OF DIRECTORS AND AUDITORS THEREON AND THE AUDITED CONSOLIDATED FINANCIAL STATEMENTS OF THE COMPANY FOR THE FINANCIAL YEAR ENDED 31ST MARCH 2022 AND THE REPORT OF AUDITORS THEREON.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 59.27% · promoters 97.24% · institutions 79.79% · other public 2.05%
TO APPOINT A DIRECTOR IN PLACE OF MRS. UMA AGARWAL, WHOLE-TIME DIRECTOR HAVING DIN-00495945, WHO RETIRES BY ROTATION IN TERMS OF SECTION 152(6) OF THE COMPANIES ACT, 2013 AT THIS AGM AND BEING ELIGIBLE, OFFERS HERSELF FOR RE-APPOINTMENT.MoreLess
OrdinaryPromoters have an interest in it100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 49.58% · promoters 79.15% · institutions 79.79% · other public 2.05%
TO APPOINT M/S SINGHI & CO., CHARTERED ACCOUNTANTS AS THE STATUTORY AUDITORS OF THE COMPANY AND FIXATION OF THEIR REMUNERATION AND IN THIS REGARD TO CONSIDER AND IF THOUGHT FIT, TO PASS WITH OR WITHOUT MODIFICATION(S), THE RESOLUTION FOR APPOINTMENT OF THE STATUTORY AUDITORS FOR A TERM OF 5 YEARS I.E. FROM THE CONCLUSION OF THIS AGM (21STAGM) UNTIL THE CONCLUSION OF 26TH (TWENTY SIXTH) AGM (I.E. FOR A PERIOD OF FIVE YEAR).MoreLess
Ordinary99.99% for0.01% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.38%
Turnout: all 59.27% · promoters 97.24% · institutions 79.79% · other public 2.05%
- TO CONSIDER & APPROVE THE APPOINTMENT OF MR. AKASH AGARWAL (DIN - 03194632) AS DIRECTOR IN THE CATEGORY OF NON-EXECUTIVE DIRECTOR OF THE COMPANY.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 49.58% · promoters 79.15% · institutions 79.79% · other public 2.05%
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, 28 Sep 2021, 3 resolutions
Present: 22 promoters and 136 others.The company's voting result (opens in a new tab)
TO RECEIVE, CONSIDER AND ADOPT THE AUDITED FINANCIAL STATEMENTS OF THE COMPANY FOR THE FINANCIAL YEAR ENDED 31ST MARCH, 2021, THE REPORTS OF THE BOARD OF DIRECTORS AND AUDITORS THEREON AND THE AUDITED CONSOLIDATED FINANCIAL STATEMENTS OF THE COMPANY FOR THE FINANCIAL YEAR ENDED 31ST MARCH, 2021 AND THE REPORT OF AUDITORS THEREONMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.06%
Turnout: all 59.16% · promoters 97.12% · institutions 100.00% · other public 1.87%
- TO APPOINT A DIRECTOR IN PLACE OF MR. AKASH AGARWAL (DIN 03194632), WHO RETIRES BY ROTATION IN TERMS OF SECTION 152 (6) OF THE COMPANIES ACT, 2013 AND BEING ELIGIBLE, OFFERS HIMSELF FOR RE-APPOINTMENTOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.06%
Turnout: all 59.16% · promoters 97.12% · institutions 100.00% · other public 1.87%
- TO CONSIDER & APPROVE THE RE-APPOINTMENT OF MR. RAM CHANDRA AGARWAL (DIN 00491885) AS CHAIRMAN & MANAGING DIRECTOR OF THE COMPANY FOR FIVE YEARS WITH EFFECT FROM NOVEMBER 22, 2021SpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.06%
Turnout: all 49.92% · promoters 79.87% · institutions 100.00% · other public 1.87%
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 31 Jul 2026, 3 fund houses so far (houses' deadline to file 15 Oct 2026)
- To consider and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2026, together with the Reports of the Board of Directors and Auditors thereon3 for0 against
- To consider and adopt the Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2026, together with the Reports of Auditors thereon3 for0 against
To appoint a Director in place of Mr. Ram Chandra Agarwal, Chairman & Managing Director having DIN: 00491885, who retires by rotation in terms of Section 152(6) of the Companies Act, 2013 at this AGM and being eligible, offers himself for re-appointmentMoreLess
3 for0 against- To Approve the Re-appointment of Mr. Ram Chandra Agarwal, (DIN: 00491885) as the Chairman & Managing Director of the Company for a further period of 5 years w.e.f. November 22, 20263 for0 against
Mutual fund votes, meeting of 8 Mar 2026, 10 fund houses
- Sub-division of Equity Shares10 for0 against
- Alteration of the capital clause of Memorandum of Association of the Company10 for0 against
2 earlier meetings
Mutual fund votes, meeting of 5 Sep 2025, 4 fund houses
- To consider and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2025, together with the Reports of the Board of Directors and Auditors thereon
Against Bank of India Mutual Fund, Helios Mutual Fund, Trust Mutual Fund
- Bank of India Mutual FundWe have relied upon the auditors’ report which has issued a qualified opinion due to the company’s physical verification of property, plant and equipment during the year ended 31 March 2023. The company had a phased program of conducting verification of their PPE over a period of 3 years. However, the company is in process of performing related reconciliation of such physical verification with the underlying fixed asset register maintained by the company. Pending completion of the said reconciliation, the auditors are unable to comment on any adjustment that may be required to the carrying value of such Property, Plant and Equipment as at 31 March 2025. Further, there is an emphasis of matter related to advance amount given to Bennett, Coleman and Co. Limited for services which have not been received yet. Additionally, the auditors have issued a qualified opinion on internal financial controls due to reconciliation of physically verified property, plant and equipment with the books of account which may result in misstatement of asset values and related financial disclosures. We note that the auditors have highlighted certain issues related to the audit trail feature in the accounting software. We do not support the resolution.
- Helios Mutual Fund, Trust Mutual FundQualified financial Statements. Governance and Transparency concern on account of qualified opinion raised for a prolonged period and no adequate explanation on why the concern has not been addressed since the financial year ended 31st March, 2022
1 for3 against - To consider and adopt the Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2025, together with the Reports of Auditors thereon
Against Bank of India Mutual Fund, Helios Mutual Fund, Trust Mutual Fund
- Bank of India Mutual FundWe have relied upon the auditors’ report which has issued a qualified opinion due to the holding company’s physical verification of property, plant and equipment during the year ended 31 March 2023. The holding company had a phased program of conducting verification of their PPE over a period of 3 years. However, the holding company is in process of performing related reconciliation of such physical verification with the underlying fixed asset register maintained by the holding company. Pending completion of the said reconciliation, the auditors are unable to comment on any adjustment that may be required to the carrying value of such Property, Plant and Equipment as at 31 March 2025. Further, there is an emphasis of matter related to advance amount given to Bennett, Coleman and Co. Limited for services which have not been received yet. Additionally, the auditors have issued a qualified opinion on internal financial controls of the holding company due to reconciliation of physically verified property, plant and equipment with the books of account which may result in misstatement of asset values and related financial disclosures. We note that the auditors have highlighted certain issues related to the audit trail feature in the accounting software. We do not support the resolution.
- Helios Mutual Fund, Trust Mutual FundQualified financial statements. Governance and Transparency concern on account of qualified opinion raised for a prolonged period and no adequate explanation on why the concern has not been addressed since the financial year ended 31st March, 2022. Non-Compliant with Companies Act, 2013 and Regulation 46(2)(s) of SEBI LODR: Non-disclosure of the financial statements of subsidiary company on the website of the Company
1 for3 against To appoint a Director in place of Ms. Uma Agarwal, Whole-time Director having DIN: 00495945, who retires by rotation in terms of Section 152(6) of the Companies Act, 2013 at this AGM and being eligible, offers herself for re-appointmentMoreLess
4 for0 against- To Approve the Re-appointment of Ms. Uma Agarwal, (DIN: 00495945) as the Whole Time Director of the Company for a further period of 5 years w.e.f. July 22, 2025
Against Trust Mutual Fund
- Trust Mutual FundCompliant with law. Governance concern: Proposed appointment leads to non-compliance with requirement of minimum 2/3rd retiring directors under Section 152 of the Companies Act, 2013; Transparency Concern: Lack of clarity with regard to details regarding shareholders’ approval sought for previous term as whole-time director.
3 for1 against To Approve Re-appointment of Mr. Arun Kumar Roopanwal, (DIN: 00406817) as an Independent Director of the Company for another period of 5 years w.e.f. January 26, 2025 and approve continuation as a Non-Executive Independent Director beyond the age of 75 yearsMoreLess
Against Helios Mutual Fund, Trust Mutual Fund
- Helios Mutual Fund, Trust Mutual FundNon-Compliance: Re-appointment is not in accordance with law, prior approval of shareholders not obtained for re-appointment as an ID. Governance concern: Board is non-compliant u/s 152 of the Companies Act, 2013, shareholders’ approval not sought for previous term of Ms. Uma Agarwal as Whole-Time Director and the Director proposed for re-appointment is NRC Chairperson
2 for2 against- To Approve Re-appointment of Ms. Archana Surendra Yadav, (DIN: 07335198) as an Independent Directors of the Company for another period of 5 years w.e.f. January 26, 2025
Against Helios Mutual Fund, Trust Mutual Fund
- Helios Mutual Fund, Trust Mutual FundNon-Compliance: Re-appointment is not in accordance with law, prior approval of shareholders not obtained for re-appointment as an ID. Governance concern: Board is non-compliant u/s 152 of the Companies Act, 2013, shareholders’ approval not sought for previous term of Ms. Uma Agarwal as Whole-Time Director and the Director proposed for re-appointment is NRC Member.
2 for2 against - To Appoint M/s Don Banthia & Associates, Practicing Company Secretaries having Peer Review Code: 5880/2024), as the Secretarial Auditors of the Company for a period of five years
Against Helios Mutual Fund, Trust Mutual Fund
- Helios Mutual Fund, Trust Mutual FundNo concern on merit of the proposed Secretarial Auditors. Non-Compliant with Regulation 36(5) of SEBI LODR: Proposed audit fee payable to Secretarial Auditors not disclosed. Governance Concern: Material non-compliance was not highlighted by the auditors during their previous term.
2 for2 against - To approve capital raising by way of issuance of equity shares and/or equity linked securities by way of Qualified Institutions Placement (“QIP”)4 for0 against
Mutual fund votes, meeting of 27 Sep 2024, 1 fund house
To consider and adopt the Audited Financial Statements (Standalone & Consolidated) of the Company for the Financial Year ended 31st March, 2024, together with the Reports of the Board of Directors and Auditors thereon.MoreLess
1 for0 againstTo appoint a Director in place of Mr. Akash Agarwal, Whole-time Director having DIN: 03194632, who retires by rotation in terms of Section 152(6) of the Companies Act, 2013 at this AGM and being eligible, offers himself for re-appointment.MoreLess
1 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
- 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.