Veedol Corporation logo

Veedol Corporation MD, chairman, board of directors and AGM

NSE: VEEDOLBSE: 590005Petroleum ProductsSmall Cap

Formerly Tide Water Oil Company (India)
Last close ₹1,263.90down ₹37.10 (2.85%)BSE ₹1,262.70

Share price at the NSE close on 23 Oct 2026. Previous close ₹1,301.00.

52-week range of traded prices to 23 Oct 2026
₹1,238.20Low, 30 Mar 2026₹1,858.00High, 23 Oct 2025
Market cap
₹2,202 Cr1,070th largest listed
P/E
10.0
P/B
2.1
Dividend yield
4.59%
ROE
22.6%
ROCE
22.3%
Debt to equity
0.00
Volume, NSE
15,58651.6% delivered

Veedol Corporation 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

  • ChairpersonDURGESH SANJIVRAO CHANDAVARKARRelated to the promoter
  • Company Secretary and Compliance OfficerAbhijit Satish Tikekar

10 directors5 independent1 executive4 non-executive

  • SUBIR DASIndependent · joined Apr 2020 · reappointed Apr 2023 · 75 months as independent · 1 listed board · 1 as independent · 2 committee seats
  • Rajendra Nath GhosalExecutive · joined Jun 2026 · reappointed Jun 2026 · 1 listed board · 1 committee seat
  • DURGESH SANJIVRAO CHANDAVARKAR · ChairpersonNon-executive · joined May 2017 · reappointed May 2017 · 1 listed board · 1 committee seat, 1 as chair
  • BHARATHI SIVASWAMI SIHAGIndependent · joined Apr 2021 · reappointed Apr 2026 · 62 months as independent · 1 listed board · 1 as independent
  • PRAVEEN PURUSHOTTAM KADLEIndependent · joined Nov 2020 · reappointed Nov 2025 · 67 months as independent · 4 listed boards · 4 as independent · 3 committee seats, 3 as chair
  • VINOD SOMALAL VYASNon-executive · joined Mar 2016 · reappointed Mar 2016 · 1 listed board
  • ANANTA MOHAN SINGHNon-executive · joined Feb 2024 · reappointed Feb 2024 · 2 listed boards · 3 committee seats
  • NITIN RAMESH GOKARNIndependent · joined May 2025 · reappointed May 2025 · 13 months as independent · 2 listed boards · 2 as independent · 3 committee seats, 1 as chair
  • KISHORE MUKUND SALETOREIndependent · joined May 2025 · reappointed May 2025 · 13 months as independent · 3 listed boards · 3 as independent · 5 committee seats, 1 as chair
  • KULBHUSHAN MALHOTRANon-executive · joined Feb 2026 · reappointed Feb 2026 · 2 listed boards

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.

5 directors who left
  • ARIJIT BASU, left 31 May 2026: Others
  • BRAJESH KUMAR SRIVASTAVA, left 16 Jan 2026: Others
  • PARTHA SARATHI BHATTACHARYYA, left 12 Nov 2025: Tenure Completion
  • PRAKASH YASHWANT GURAV, left 12 Nov 2025: Tenure Completion
  • VIJAY MITTAL, left 14 Jul 2025: Others

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 20 May 20267 of 10 present4 independent · 57 days in between
    • 23 Mar 20269 of 10 present5 independent · 48 days in between
    • 2 Feb 20269 of 9 present5 independent

  • Audit Committee

    Chair KISHORE MUKUND SALETORE

    SUBIR DAS, NITIN RAMESH GOKARN

    • 20 May 20262 of 3 present2 independent · 106 days in between
    • 2 Feb 20263 of 3 present3 independent

  • Nomination and remuneration committee

    Chair NITIN RAMESH GOKARN

    DURGESH SANJIVRAO CHANDAVARKAR, SUBIR DAS, PRAVEEN PURUSHOTTAM KADLE, BHARATHI SIVASWAMI SIHAG, ANANTA MOHAN SINGH

    • 20 May 20265 of 6 present3 independent · 106 days in between
    • 2 Feb 20266 of 6 present4 independent

  • Stakeholders Relationship Committee

    Chair DURGESH SANJIVRAO CHANDAVARKAR

    Rajendra Nath Ghosal, SUBIR DAS, ANANTA MOHAN SINGH

    No meeting listed in the filing.

  • Risk Management Committee

    Chair SUBIR DAS

    Rajendra Nath Ghosal, PRAVEEN PURUSHOTTAM KADLE

    • 5 May 20263 of 3 present2 independent

  • Corporate Social Responsibility Committee

    Chair PRAVEEN PURUSHOTTAM KADLE

    Rajendra Nath Ghosal, SUBIR DAS

    • 20 May 20263 of 3 present2 independent · 106 days in between
    • 2 Feb 20263 of 3 present2 independent

  • COMMITTEE OF DIRECTORS

    Chair DURGESH SANJIVRAO CHANDAVARKAR

    SUBIR DAS, VINOD SOMALAL VYAS, PRAVEEN PURUSHOTTAM KADLE

    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.

  • Price Waterhouse Chartered Accountants LLPPeer-review certificate valid to Nov 2026

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.

Veedol Corporation 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.Veedol Corporation dividend history

Postal ballot, 20 Sep 2026

56,488 shareholders on the register on 14 Aug 2026; votes counted by Manoj Prasad Shaw / Manoj Shaw & Co..The company's voting result (opens in a new tab)

  1. Approval of transactions upto Rs. 650 crores with Standard Greases & Technologies Private Limited, being a related party for a period of one year from 16th August, 2026 to 15th August, 2027 in terms of Regulation 23 of SEBI Listing Regulations.MoreLess
    OrdinaryPromoters have an interest in it
    96.97% for3.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 10.93%

    Turnout: all 0.86% · promoters 0.00% · institutions 28.90% · other public 0.71%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 24 Aug 2026, 8 resolutions

56,473 shareholders on the register on 17 Aug 2026; present: 3 promoters and 58 others; votes counted by Manoj Prasad Shaw / Manoj Shaw & Co..The company's voting result (opens in a new tab)

  1. To consider and adopt the Statement of Profit and Loss Account for the year ended 31st March, 2026, the Balance Sheet as at that date and the Reports of the Board of Directors and the Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.71%

    Turnout: all 65.19% · promoters 100.00% · institutions 25.31% · other public 0.18%

  2. To confirm the payment of first and second interim dividends and to declare final dividend for the financial year ended 31st March, 2026.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.71%

    Turnout: all 65.20% · promoters 100.00% · institutions 26.15% · other public 0.18%

  3. To appoint a Director in place of Shri Ananta Mohan Singh (DIN: 03594804) who retires by rotation and being eligible offers himself for re-appointment.
    OrdinaryPromoters have an interest in it
    98.61% for1.39% against

    Against: promoters 0.00% · institutions 99.97% · other public 16.44%

    Turnout: all 40.91% · promoters 62.38% · institutions 26.15% · other public 0.18%

  4. To appoint Shri Rajendra Nath Ghosal (DIN: 00308865), as a Director of the Company.
    Ordinary
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 16.02%

    Turnout: all 65.20% · promoters 100.00% · institutions 26.15% · other public 0.18%

  5. To approve the appointment of Shri Rajendra Nath Ghosal (DIN: 00308865) as Managing Director of the Company from 1st June, 2026 to 31st March, 2027.
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 12.51%

    Turnout: all 65.20% · promoters 100.00% · institutions 26.15% · other public 0.18%

  6. To approve related party transactions with Standard Greases & Specialities Private Limited for the sale, purchase or supply of goods/materials and rendering or availing of services.
    OrdinaryPromoters have an interest in it
    99.94% for0.06% against

    Against: promoters 0.00% · institutions 0.00% · other public 23.47%

    Turnout: all 24.92% · promoters 37.62% · institutions 26.15% · other public 0.18%

  7. To approve related party transactions with ENEOS VCL India Private Limited for the sale, purchase or supply of goods/materials and rendering or availing of services.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 8.57%

    Turnout: all 65.20% · promoters 100.00% · institutions 26.15% · other public 0.18%

  8. To ratify the remuneration payable to M/s. Harshad S. Deshpande & Associates as Cost Auditors for FY 2026-27.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.01%

    Turnout: all 65.20% · promoters 100.00% · institutions 26.15% · other public 0.18%

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.

Postal ballot, 17 Mar 2026, 1 resolution

57,381 shareholders on the register on 6 Feb 2026; votes counted by MANOJ PRASAD SHAW / MANOJ SHAW & CO..The company's voting result (opens in a new tab)

  1. Approval to appointment of Shri Kulbhushan Malhotra (DIN: 11507259) as a Non-Executive and Non-Independent Director of the Company
    OrdinaryPromoters have an interest in it
    97.91% for2.09% against

    Against: promoters 0.00% · institutions 0.00% · other public 86.40%

    Turnout: all 41.28% · promoters 62.38% · institutions 0.00% · other public 2.91%

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.

Postal ballot, 27 Sep 2025, 1 resolution

60,344 shareholders on the register on 27 Aug 2025; votes counted by MANOJ PRASAD SHAW / MANOJ SHAW & CO..The company's voting result (opens in a new tab)

  1. Approval to appointment of Shri Brajesh Kumar Srivastava (DIN: 09835338) as a Non-Executive and Non-Independent Director of the Company
    OrdinaryPromoters have an interest in it
    99.50% for0.50% against

    Against: promoters 0.00% · institutions 0.00% · other public 6.01%

    Turnout: all 41.52% · promoters 61.03% · institutions 0.00% · other public 9.50%

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 Aug 2025, 12 resolutions

60,520 shareholders on the register on 18 Aug 2025; present: 1 promoter and 62 others; votes counted by MANOJ PRASAD SHAW / MANOJ SHAW & CO..The company's voting result (opens in a new tab)

  1. Approval of Statement of Profit and loss, the Balance Sheet and the Reports of Board of Directors and the Auditors thereon for the financial year ended 31st March, 2025
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.23%

    Turnout: all 63.22% · promoters 100.00% · institutions 0.00% · other public 2.39%

  2. Approval to declaration of Final Dividend and confirmation of payment of First and Second Interim Dividends for the financial year ended 31st March, 2025
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.21%

    Turnout: all 63.24% · promoters 100.00% · institutions 0.00% · other public 2.44%

  3. Approval to re-appointment of Shri Durgesh S. Chandavarkar (DIN: 00176277) retiring by rotation
    OrdinaryPromoters have an interest in it
    99.27% for0.73% against

    Against: promoters 0.00% · institutions 0.00% · other public 20.67%

    Turnout: all 25.19% · promoters 38.97% · institutions 0.00% · other public 2.44%

  4. Approval for continuation of Directorship of Shri Vinod S. Vyas (DIN: 00176206) as Non-Executive Director beyond the age of 75 years
    SpecialPromoters have an interest in it
    99.43% for0.57% against

    Against: promoters 0.00% · institutions 0.00% · other public 16.01%

    Turnout: all 25.19% · promoters 38.97% · institutions 0.00% · other public 2.44%

  5. Approval to re-appointment of Shri Praveen P. Kadle (DIN: 00016814) as Independent Director for a 2nd term from 13th November, 2025 till 12th November, 2030
    Special
    99.93% for0.07% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.25%

    Turnout: all 63.24% · promoters 100.00% · institutions 0.00% · other public 2.44%

  6. Approval to re-appointment of Smt. B. S. Sihag (DIN: 00120900) as Independent Director for a 2nd term from 7th April, 2026 till 6th April, 2031
    Special
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.73%

    Turnout: all 63.24% · promoters 100.00% · institutions 0.00% · other public 2.44%

  7. Approval for appointment of Dr. Nitin R. Gokarn (DIN: 07619691) as Independent Director for a 1st term from 28th May, 2025 till 27th May, 2030
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.77%

    Turnout: all 63.24% · promoters 100.00% · institutions 0.00% · other public 2.44%

  8. Approval for appointment of Shri Kishore M. Saletore (DIN: 01705850) as Independent Director for a 1st term from 28th May, 2025 till 27th May, 2030
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.78%

    Turnout: all 63.24% · promoters 100.00% · institutions 0.00% · other public 2.44%

  9. Approval to Material Related Party Transactions with Standard Greases & Specialities Private Limited
    OrdinaryPromoters have an interest in it
    99.53% for0.47% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.47%

    Turnout: all 0.89% · promoters 0.00% · institutions 0.00% · other public 2.44%

  10. Approval to Material Related Party Transactions with Eneos Tide Water Lubricants (India) Private Limited
    OrdinaryPromoters have an interest in it
    99.53% for0.47% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.47%

    Turnout: all 0.89% · promoters 0.00% · institutions 0.00% · other public 2.44%

  11. Approval for appointment of Shri Manoj Prasad Shaw of M/s Manoj Shaw & Co. (FCS No. 5517 ; CP No. 4194) as Secretarial Auditor for a Term of Five Consecutive Years from the financial year 2025-26 onwardsMoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.22%

    Turnout: all 63.24% · promoters 100.00% · institutions 0.00% · other public 2.44%

  12. Approval to ratification of remuneration payable to M/s DGM & Associates, Cost Auditors for undertaking cost audit for the year ended 31st March, 2026
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.25%

    Turnout: all 63.24% · promoters 100.00% · institutions 0.00% · other public 2.44%

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, 31 Mar 2025, 5 resolutions

60,370 shareholders on the register on 21 Feb 2025; votes counted by MANOJ PRASAD SHAW / MANOJ SHAW & CO..The company's voting result (opens in a new tab)

  1. APPROVAL OF VEEDOL CORPORATION LIMITED EMPLOYEE STOCK OPTION SCHEME
    Special
    98.41% for1.59% against

    Against: promoters 0.00% · institutions 0.00% · other public 78.47%

    Turnout: all 60.52% · promoters 92.23% · institutions 0.00% · other public 3.55%

  2. Approval of implementation of Veedol Corporation Limited Employee Stock Option Scheme through Trust route by way of utilization of existing shares acquired through secondary market acquisition
    Special
    98.40% for1.60% against

    Against: promoters 0.00% · institutions 0.00% · other public 78.78%

    Turnout: all 60.52% · promoters 92.23% · institutions 0.00% · other public 3.55%

  3. Approval of variation of the terms of the Trust Deed of ‘Tide Water Oil Company (India) Limited Employee Benefit Trust’ that will be renamed as ‘Veedol Corporation Limited Employee Benefit Trust’
    Special
    99.77% for0.23% against

    Against: promoters 0.00% · institutions 0.00% · other public 11.13%

    Turnout: all 60.52% · promoters 92.23% · institutions 0.00% · other public 3.55%

  4. Approval for revocation of Tide Water Oil Company (India) Limited Employee Benefit Scheme
    Special
    99.78% for0.22% against

    Against: promoters 0.00% · institutions 0.00% · other public 10.95%

    Turnout: all 60.52% · promoters 92.23% · institutions 0.00% · other public 3.55%

  5. Approval to revision of remuneration of Managing Director
    Ordinary
    99.92% for0.08% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.17%

    Turnout: all 60.52% · promoters 92.23% · institutions 0.00% · other public 3.55%

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.

Mutual fund votes, meeting of 31 Mar 2025, 4 fund houses

  • APPROVAL OF VEEDOL CORPORATION LIMITED EMPLOYEE STOCK OPTION SCHEME
    Against Bandhan Mutual Fund, Groww Mutual Fund, Mirae Asset Mutual Fund, Motilal Oswal Mutual Fund
    • Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundNon-Compliant under SEBI SBEB Regulations: Non-Disclosure of Exercise Price / Pricing Formula; Absolute Discretion to NRC to determine Exercise Price. NRC discretion to determine Exercise Period.
    • Mirae Asset Mutual FundAs per advisory recommendation (passive holding)
    0 for4 against
  • Approval of implementation of Veedol Corporation Limited Employee Stock Option Scheme through Trust route by way of utilization of existing shares acquired through secondary market acquisition
    Against Bandhan Mutual Fund, Groww Mutual Fund, Mirae Asset Mutual Fund, Motilal Oswal Mutual Fund
    • Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundInterlinked to resolution no. #1
    • Mirae Asset Mutual FundAs per advisory recommendation (passive holding)
    0 for4 against
  • Approval of variation of the terms of the Trust Deed of ‘Tide Water Oil Company (India) Limited Employee Benefit Trust’ that will be renamed as ‘Veedol Corporation Limited Employee Benefit Trust’
    Against Bandhan Mutual Fund, Groww Mutual Fund, Mirae Asset Mutual Fund, Motilal Oswal Mutual Fund
    • Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundInterlinked to resolution no. #1
    • Mirae Asset Mutual FundAs per advisory recommendation (passive holding)
    0 for4 against
  • Approval for revocation of Tide Water Oil Company (India) Limited Employee Benefit Scheme
    Against Bandhan Mutual Fund, Groww Mutual Fund, Mirae Asset Mutual Fund, Motilal Oswal Mutual Fund
    • Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundInterlinked to resolution no. #1
    • Mirae Asset Mutual FundAs per advisory recommendation (passive holding)
    0 for4 against
  • Approval to revision of remuneration of Managing Director
    4 for0 against

Mutual fund votes, meeting of 29 Aug 2024, 3 fund houses

  • Approval for Change of Name of the Company from Tide Water Oil Company (India) Limited to Veedol Corporation Limited and consequential amendment to the Memorandum of Association and Articles of Association of the Company.MoreLess
    3 for0 against
4 earlier meetings

Mutual fund votes, meeting of 23 Aug 2024, 3 fund houses

  • Payment and distribution of a sum not exceeding one percent per annum of the net profits of the Company amongst the Non-Executive Directors, including Independent Directors (i.e. Directors other than the Managing Director and / or Whole-Time Directors of the Company, if any) for the financial years commencing with the financial year 2024 - 25, subject to total overall managerial remuneration limit prescribed under Section 197 and other applicable provisions of the Act for all the Directors of the Company in any financial year.MoreLess
    Against Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
    • Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with law. Governance concern: No absolute cap on the proposed commission to NEDs and no specific period of approval.
    0 for3 against
  • Ratification of remuneration of Rs. 2,50,000 plus out- of- pocket expenses payable to Messrs. DGM and Associates, Cost Accountants (Firm’s Registration No. 000038) who have been appointed by the Board of Directors as the Cost Auditors of the Company, to conduct the audit of the cost records of the Company for the financial year ending on 31st March, 2025.MoreLess
    3 for0 against
  • To appoint a Director in place of Shri Vinod S. Vyas (DIN: 00176206) who retires by rotation and being eligible offers himself for re-appointment.
    3 for0 against
  • To confirm the payment of first and second interim dividends and to declare final dividend for the financial year ended 31st March, 2024.
    3 for0 against
  • To consider and adopt the Statement of Profit and Loss Account for the year ended 31st March, 2024, the Balance Sheet as at that date and the Reports of the Board of Directors and the Auditors thereon.MoreLess
    3 for0 against
  • To enter into transactions involving sale, purchase or supply of any goods or material and/or availing or rendering of any services with Eneos Tide Water Lubricants India Private Limited (formerly JX Nippon TWO Lubricants India Private Limited), a related party as per the definition of the term under the Act, upto an amount of Rs. 455 crores till the date of the 102nd Annual General Meeting of the Company for a period not exceeding fifteen months.MoreLess
    Against Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
    • Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with law. Transparency concern: Inadequate disclosures regarding basis on arm’s length pricing.
    0 for3 against
  • To enter into transactions involving sale, purchase or supply of any goods or material and/or availing or rendering of any services with Standard Greases and Specialities Private Limited, a related party as per the definition of the term under the Act, upto an amount of Rs. 455 crores till the date of the 102nd Annual General Meeting of the Company for a period not exceeding fifteen months.MoreLess
    Against Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
    • Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with law. Transparency concern: Inadequate disclosures regarding basis on arm’s length pricing.
    0 for3 against
  • To varying the remuneration payable to Shri Arijit Basu, (DIN: 07215894) Managing Director, in view of providing revised amount of commission to the Managing Director of the Company at one percent per annum of the net profits of the Company for the financial years commencing with the financial year 2024 - 25 till conclusion of his term upto 29th February, 2028, subject to total overall managerial remuneration limit prescribed under Section 197 and other applicable provisions of the Act for all the Directors of the Company in any financial year.MoreLess
    3 for0 against

Mutual fund votes, meeting of 26 Mar 2024, 2 fund houses

  • Approval to appointment of Shri Ananta Mohan Singh (DIN: 03594804) as a Non-Executive and Non-Independent Director of the Company, liable to retire by rotation.
    2 for0 against

Mutual fund votes, meeting of 30 Oct 2023, 1 fund house

  • Appointment of Shri Rajinder Singh Manku (DIN: 09706881) as a Non-Executive and Non-Independent Director of the Company liable to retire by rotation.
    1 for0 against

Mutual fund votes, meeting of 23 Aug 2023, 1 fund house

  • Entering into transactions involving sale, purchase or supply of any goods or material and/or availing or rendering of any services with Eneos Tide Water Lubricants (India) Private Limited (formerly JX Nippon TWO Lubricants India Private Limited), a related party as per the definition of the term under the Act, upto an amount of Rs.800 crores till the date of the 101st Annual General Meeting of the Company for a period not exceeding fifteen months.MoreLess
    1 for0 against
  • Entering into transactions involving sale, purchase or supply of any goods or material and/or availing or rendering of any services with Standard Greases and Specialities Private Limited, a related party as per the definition of the term under the Act, upto an amount of Rs.800 crores till the date of the 101st Annual General Meeting of the Company for a period not exceeding fifteen months.MoreLess
    1 for0 against
  • Ratification of remuneration of Rs.2,50,000 plus out-of-pocket expenses payable to Messrs. DGM & Associates, Cost Accountants (Firm’s Registration No. 000038) who have been appointed by the Board of Directors as the Cost Auditors of the Company, to conduct the audit of the cost records of the Company for the financial year ending on 31st March, 2024.MoreLess
    1 for0 against
  • To appoint a Director in place of Shri S. Bhattacharya who retires by rotation and being eligible offers himself for reappointment.
    1 for0 against
  • To confirm the payment of first, second and third interim dividends and to declare final dividend for the financial year ended 31st March, 2023.
    1 for0 against
  • To consider and adopt the Statement of Profit and Loss Account for the year ended 31st March, 2023, the Balance Sheet as at that date and the Reports of the Board of Directors and the Auditors thereon.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

None open at any 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.