Venky's (India) logo

Venky's (India) MD, chairman, board of directors and AGM

NSE: VENKEYSBSE: 523261Food ProductsSmall Cap

Formerly Western Hatcheries
Last close ₹1,591.80down ₹42.60 (2.61%)BSE ₹1,583.55

Share price at the NSE close on 23 Oct 2026. Previous close ₹1,634.40.

52-week range of traded prices to 23 Oct 2026
₹1,165.00Low, 30 Mar 2026₹1,814.90High, 15 Sep 2026
Market cap
₹2,242 Cr1,144th largest listed
P/E
13.3
P/B
1.4
Dividend yield
0.63%
ROE
11.0%
ROCE
11.4%
Debt to equity
0.10
Volume, NSE
76,63742.9% delivered

Venky's (India) 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

  • ChairpersonAnuradha J. DesaiRelated to the promoter
  • Managing directorB. Balaji Rao
  • Company Secretary and Compliance OfficerRohan Bhagwat

10 directors5 independent1 executive4 non-executive

  • Anuradha J. Desai · ChairpersonNon-executive · joined Dec 1988 · reappointed Dec 1988 · 1 listed board · 1 committee seat
  • B. Venkatesh RaoNon-executive · joined Nov 1995 · reappointed Nov 1995 · 1 listed board · 1 committee seat
  • B. Balaji Rao · Managing directorExecutive · joined Nov 1995 · reappointed Nov 1995 · 1 listed board
  • Jitendra M. DesaiNon-executive · joined Nov 1993 · reappointed Nov 1993 · 1 listed board · 2 committee seats
  • Uttara Jitendra DesaiNon-executive · joined Dec 2018 · reappointed Dec 2018 · 1 listed board
  • Neeraja PolavarapuIndependent · joined Sep 2020 · reappointed Sep 2025 · 72 months as independent · 1 listed board · 1 as independent
  • Vidur Ramchandra NevrekarIndependent · joined Sep 2024 · reappointed Sep 2024 · 25 months as independent · 1 listed board · 1 as independent · 2 committee seats, 2 as chair
  • Amar KrishnaIndependent · joined Sep 2024 · reappointed Sep 2024 · 25 months as independent · 1 listed board · 1 as independent · 1 committee seat
  • Bipin ShindeIndependent · joined Sep 2024 · reappointed Sep 2024 · 25 months as independent · 1 listed board · 1 as independent · 1 committee seat
  • Govindarajan SrinivasanIndependent · joined Sep 2025 · reappointed Sep 2025 · 12 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.

1 director who left
  • Asutosh Nargolkar, left 25 Sep 2025: Tenure Completion

Committees and meetings

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

  • Board

    • 11 Aug 202610 of 10 present5 independent · 88 days in between
    • 14 May 202610 of 10 present5 independent

  • Audit Committee

    Chair Vidur Ramchandra Nevrekar

    Jitendra M. Desai, Bipin Shinde, Amar Krishna, Govindarajan Srinivasan

    • 11 Aug 20265 of 5 present4 independent · 88 days in between
    • 14 May 20265 of 5 present4 independent

  • Nomination and remuneration committee

    Chair Vidur Ramchandra Nevrekar

    Bipin Shinde, Anuradha J. Desai

    • 11 Aug 20263 of 3 present2 independent

  • Stakeholders Relationship Committee

    Chair Vidur Ramchandra Nevrekar

    Anuradha J. Desai, B. Venkatesh Rao, Jitendra M. Desai

    • 11 Aug 20264 of 4 present1 independent · 88 days in between
    • 14 May 20264 of 4 present1 independent

  • Risk Management Committee

    Chair Vidur Ramchandra Nevrekar

    Bipin Shinde, J. K. Handa

    • 11 Aug 20262 of 2 present2 independent · 88 days in between
    • 14 May 20262 of 2 present2 independent

  • Corporate Social Responsibility Committee

    Chair B. Venkatesh Rao

    Jitendra M. Desai, Bipin Shinde

    • 11 Aug 20263 of 3 present1 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.

  • M/s. Sudit K. Parekh & Co. LLPPeer-review certificate valid to Mar 2027

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.

Venky's (India) 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.Venky's (India) dividend history

Annual general meeting, 29 Sep 2026

50,083 shareholders on the register on 23 Sep 2026; present: 0 promoters and 48 others; votes counted by P. L. Shettigar / P. L. Shettigar.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statements as at 31st March, 2026 together with the Auditor’s Report and Directors’ Report thereon
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 53.32% · promoters 91.99% · institutions 33.09% · other public 2.35%

  2. To declare dividend of Rs.10 per share on equity shares of the Company
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 53.35% · promoters 91.99% · institutions 34.39% · other public 2.35%

  3. To appoint a Director in place of Mr. B. Venkatesh Rao (DIN : 00013614), who retires by rotation and being eligible, offers himself for re-appointment.
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.07%

    Turnout: all 53.35% · promoters 91.99% · institutions 34.39% · other public 2.35%

  4. To approve remuneration payable to Cost Auditors for the financial year 2026-27
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 53.35% · promoters 91.99% · institutions 34.39% · other public 2.35%

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 Sep 2025, 7 resolutions

55,223 shareholders on the register on 19 Sep 2025; present: 0 promoters and 70 others; votes counted by P. L. Shettigar / P. L. Shettigar.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statements as at 31st March, 2025 together with the Auditor’s Report and Directors’ Report thereon
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.05%

    Turnout: all 52.47% · promoters 91.99% · institutions 53.07% · other public 0.19%

  2. To declare dividend of Rs.10/- per share on equity shares of the Company
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.05%

    Turnout: all 52.49% · promoters 91.99% · institutions 55.04% · other public 0.19%

  3. To re-appoint Mr. Anuradha J. Desai as Director of the Company who retires by rotation and offers herself for re-appointment.
    OrdinaryPromoters have an interest in it
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.01% · other public 12.07%

    Turnout: all 52.49% · promoters 91.99% · institutions 55.04% · other public 0.19%

  4. To re-appoint Mrs. Neeraja Polavarapu as Independent Director of the Company for a further term of five years.
    Special
    98.45% for1.55% against

    Against: promoters 0.00% · institutions 100.00% · other public 12.06%

    Turnout: all 52.49% · promoters 91.99% · institutions 55.04% · other public 0.19%

  5. To appoint Brig. Govindarajan Srinivasan (Retd.) as Independent Director of the Company for a term of three years
    Special
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 10.56%

    Turnout: all 52.49% · promoters 91.99% · institutions 55.04% · other public 0.19%

  6. To appoint CS P. L. Shettigar, Practicing Company Secretary as Secretarial Auditor of the Company for a term of five years.
    Ordinary
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 10.51%

    Turnout: all 52.49% · promoters 91.99% · institutions 55.04% · other public 0.19%

  7. To approve remuneration payable to Cost Auditors for the financial year 2025-26.
    Ordinary
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 9.88%

    Turnout: all 52.49% · promoters 91.99% · institutions 55.04% · other public 0.19%

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, 11 Sep 2024, 7 resolutions

Present: 0 promoters and 53 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statements as at 31st March, 2024 together with the Auditor’s Report and Directors’ Report thereon
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 52.63% · promoters 91.99% · institutions 42.82% · other public 0.35%

  2. To declare dividend of Rs.7/- per share on equity shares of the Company.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 52.66% · promoters 91.99% · institutions 44.22% · other public 0.35%

  3. To re-appoint Mr. Jitendra M. Desai as Director of the Company who retires by rotation and offers himself for re-appointment
    OrdinaryPromoters have an interest in it
    75.18% for24.82% against

    Against: promoters 0.00% · institutions 28.60% · other public 1.64%

    Turnout: all 1.05% · promoters 0.00% · institutions 44.22% · other public 0.35%

  4. To appoint Brig. Vidur Nevrekar (Retd.) as Independent Director of the Company for a term of three years.
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.66%

    Turnout: all 52.66% · promoters 91.99% · institutions 44.22% · other public 0.35%

  5. To appoint Major General Amar Krishna (Retd.) as Independent Director of the Company for a term of three years
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.66%

    Turnout: all 52.66% · promoters 91.99% · institutions 44.22% · other public 0.35%

  6. To appoint Col. Bipin Shinde (Retd.) as Independent Director of the Company for a term of three years.
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.69%

    Turnout: all 52.66% · promoters 91.99% · institutions 44.22% · other public 0.35%

  7. To approve remuneration payable to Cost Auditors for the financial year 2024-25
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 52.66% · promoters 91.99% · institutions 44.22% · other public 0.35%

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

Annual general meeting, 22 Sep 2023, 6 resolutions

Present: 0 promoters and 60 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statements as at 31st March, 2023 together with the Auditor’s Report and Directors’ Report thereon.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 51.87% · promoters 90.93% · institutions 72.78% · other public 0.28%

  2. To declare dividend on equity shares
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 51.90% · promoters 90.93% · institutions 75.64% · other public 0.28%

  3. To appoint a Director in place of Miss Uttara J. Desai, who retires by rotation and being eligible, offers herself for re-appointment
    OrdinaryPromoters have an interest in it
    98.60% for1.40% against

    Against: promoters 0.00% · institutions 95.10% · other public 4.58%

    Turnout: all 51.90% · promoters 90.93% · institutions 75.64% · other public 0.28%

  4. To appoint Brig. Ashutosh Nargolkar (Retd.) as Independent Director of the Company for a further term starting from the date of 47th AGM upto the date of second consecutive AGM of the Company.
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 6.12%

    Turnout: all 51.90% · promoters 90.93% · institutions 75.64% · other public 0.28%

  5. To pay such amount of commission as it may deem fit notnexceeding 1% of the net profit or any other limit as prescribed by the Companies Act, 2013 or SEBI (Listing Obligations and Disclosure Regulations) 2015.MoreLess
    OrdinaryPromoters have an interest in it
    15.97% for84.03% against

    Against: promoters 0.00% · institutions 96.28% · other public 5.80%

    Turnout: all 0.88% · promoters 0.00% · institutions 75.64% · other public 0.28%

  6. To approve remuneration payable to Cost Auditors for the financial year 2023-24.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.68%

    Turnout: all 51.90% · promoters 90.93% · institutions 75.64% · other public 0.28%

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, 23 Sep 2022, 7 resolutions

Present: 0 promoters and 46 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statements as at 31st March, 2022 together with the Auditor’s Report and Directors’ Report thereon.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.80%

    Turnout: all 51.74% · promoters 90.93% · institutions 59.56% · other public 0.22%

  2. To declare dividend of Rs.13/- per share on equity shares of the Company.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.75%

    Turnout: all 51.77% · promoters 90.93% · institutions 62.28% · other public 0.22%

  3. To re-appoint Mr. B. Venkatesh Rao as Director of the Company who retires by rotation and offers himself for re-appointment.
    OrdinaryPromoters have an interest in it
    98.80% for1.20% against

    Against: promoters 0.00% · institutions 93.27% · other public 10.48%

    Turnout: all 51.77% · promoters 90.93% · institutions 62.28% · other public 0.22%

  4. To appoint M/s. Sudit K. Parekh & Co. LLP as statutory auditors of the Company.
    Ordinary
    99.96% for0.04% against

    Against: promoters 0.00% · institutions 2.95% · other public 0.96%

    Turnout: all 51.77% · promoters 90.93% · institutions 62.28% · other public 0.22%

  5. To appoint Brig. Ashutosh Nargolkar (Retd.) as Independent Director of the Company.
    Special
    99.96% for0.04% against

    Against: promoters 0.00% · institutions 2.95% · other public 1.10%

    Turnout: all 51.77% · promoters 90.93% · institutions 62.28% · other public 0.22%

  6. To re-appoint Mr. B. Balaji Rao as Managing Director of the Company for a further period of 5 years w.e.f. 01.11.2022 on the existing terms and conditions, including remuneration.
    OrdinaryPromoters have an interest in it
    98.58% for1.42% against

    Against: promoters 0.00% · institutions 0.00% · other public 11.41%

    Turnout: all 0.75% · promoters 0.00% · institutions 62.28% · other public 0.22%

  7. To approve remuneration payable to Cost Auditors for the financial year 2022-23.
    Ordinary
    99.96% for0.04% against

    Against: promoters 0.00% · institutions 2.95% · other public 1.31%

    Turnout: all 51.77% · promoters 90.93% · institutions 62.28% · other public 0.22%

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, 11 Aug 2021, 5 resolutions

Present: 0 promoters and 32 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statements as at 31st March, 2021 together with the Auditor’s Report and Directors’ Report thereon.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.43%

    Turnout: all 51.50% · promoters 90.93% · institutions 48.75% · other public 0.09%

  2. To declare dividend on equity shares (170% i.e. Rs.17/- per equity share).
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.50%

    Turnout: all 51.51% · promoters 90.93% · institutions 49.17% · other public 0.09%

  3. To re-appoint Mrs. Anuradha J. Desai as Director of the Company who retires by rotation and offers herself for re-appointment.
    OrdinaryPromoters have an interest in it
    99.14% for0.86% against

    Against: promoters 0.00% · institutions 97.76% · other public 6.01%

    Turnout: all 51.51% · promoters 90.93% · institutions 49.17% · other public 0.09%

  4. To cancel 5715 equity shares of the Company.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.21%

    Turnout: all 51.51% · promoters 90.93% · institutions 49.17% · other public 0.09%

  5. To ratify the remuneration of Cost Auditor appointed for the financial year 2019-2020.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.78%

    Turnout: all 51.51% · promoters 90.93% · institutions 49.17% · other public 0.09%

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 2020, 4 resolutions

Present: 0 promoters and 32 others.The company's voting result (opens in a new tab)

  1. To approve audited financial statements as on 31st March 2020 along with Auditor's Report and Directors' Report thereon
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.18%

    Turnout: all 51.55% · promoters 90.93% · institutions 53.80% · other public 0.13%

  2. To re-appoint as Mr. Jitendra M. Desai as Director of the Company who retires by rotation and offers himself for reappointment
    OrdinaryPromoters have an interest in it
    99.92% for0.08% against

    Against: promoters 0.00% · institutions 8.23% · other public 2.85%

    Turnout: all 51.55% · promoters 90.93% · institutions 54.34% · other public 0.13%

  3. To appoint Mrs. Neeraja Polavarapu as Director of the Company
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.17%

    Turnout: all 51.55% · promoters 90.93% · institutions 54.34% · other public 0.13%

  4. To ratify remuneration of Cost Auditor appointed for the year 2020-2021
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.62%

    Turnout: all 51.55% · promoters 90.93% · institutions 54.34% · other public 0.13%

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, 26 Sep 2018, 6 resolutions

Present: 2 promoters and 266 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statements as at 31st March, 2018 together with the Auditor’s Report and Directors’ Report thereon.
    Ordinary
    99.86% for0.14% against

    Against: promoters 0.00% · institutions 2.33% · other public 0.02%

    Turnout: all 59.41% · promoters 99.43% · institutions 69.39% · other public 0.32%

  2. To declare dividend on equity shares
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 60.06% · promoters 99.43% · institutions 82.43% · other public 0.32%

  3. To appoint a director in place of Mrs. Anuradha J. Desai (holding DIN 00012212) who retires by rotation and being eligible offers herself for re-appointment.
    OrdinaryPromoters have an interest in it
    84.73% for15.27% against

    Against: promoters 0.00% · institutions 15.71% · other public 0.02%

    Turnout: all 4.27% · promoters 0.00% · institutions 82.44% · other public 0.31%

  4. To ratify appointment of M/s. B D Jokhakar & Co. as statutory auditors
    Ordinary
    99.81% for0.19% against

    Against: promoters 0.00% · institutions 2.99% · other public 0.03%

    Turnout: all 59.71% · promoters 99.43% · institutions 75.48% · other public 0.31%

  5. To ratify the remuneration of Rs.3,60,000/- payable to cost auditors.
    Ordinary
    99.86% for0.14% against

    Against: promoters 0.00% · institutions 2.14% · other public 0.20%

    Turnout: all 59.71% · promoters 99.43% · institutions 75.41% · other public 0.32%

  6. To confirm re-appointment of Mr. B. Balaji Rao as Managing Director for a further period of 5 years w.e.f. 1st November, 2017
    OrdinaryPromoters have an interest in it
    97.25% for2.75% against

    Against: promoters 0.00% · institutions 2.27% · other public 18.07%

    Turnout: all 3.86% · promoters 0.00% · institutions 74.36% · other public 0.31%

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 25 Sep 2025, 1 fund house

  • To receive, consider and adopt the Audited Financial Statements as at 31st March, 2025 together with the Auditor’s Report and Directors’ Report thereon
    1 for0 against
  • To declare dividend of Rs.10/- per share on equity shares of the Company
    1 for0 against
  • To re-appoint Mr. Anuradha J. Desai as Director of the Company who retires by rotation and offers herself for re-appointment.
    Against Motilal Oswal Mutual Fund
    • Motilal Oswal Mutual FundCompliant with law. Governance concern: Chairperson is related to Managing Director of the Company. Chairperson has not attended last three AGMs.
    0 for1 against
  • To re-appoint Mrs. Neeraja Polavarapu as Independent Director of the Company for a further term of five years.
    Against Motilal Oswal Mutual Fund
    • Motilal Oswal Mutual FundNo concern on the merit of proposed appointee. Non-Compliance: Proposed re-appointment for five years would lead to total tenure of more than 10 years for ID.
    0 for1 against
  • To appoint Brig. Govindarajan Srinivasan (Retd.) as Independent Director of the Company for a term of three years
    1 for0 against
  • To appoint CS P. L. Shettigar, Practicing Company Secretary as Secretarial Auditor of the Company for a term of five years.
    1 for0 against
  • To approve remuneration payable to Cost Auditors for the financial year 2025-26.
    1 for0 against

Mutual fund votes, meeting of 11 Sep 2024, 3 fund houses

  • To receive, consider and adopt the Audited Financial Statements as at 31st March, 2024 together with the Auditor’s Report and Directors’ Report thereon
    3 for0 against
  • To declare dividend of Rs.7/- per share on equity shares of the Company.
    3 for0 against
  • To re-appoint Mr. Jitendra M. Desai as Director of the Company who retires by rotation and offers himself for re-appointment
    3 for0 against
  • To appoint Brig. Vidur Nevrekar (Retd.) as Independent Director of the Company for a term of three years.
    3 for0 against
  • To appoint Major General Amar Krishna (Retd.) as Independent Director of the Company for a term of three years
    3 for0 against
  • To appoint Col. Bipin Shinde (Retd.) as Independent Director of the Company for a term of three years.
    3 for0 against
  • To approve remuneration payable to Cost Auditors for the financial year 2024-25
    3 for0 against
6 earlier meetings

Mutual fund votes, meeting of 22 Sep 2023, 1 fund house

  • To receive, consider and adopt the Audited Financial Statements as at 31st March, 2023 together with the Auditor’s Report and Directors’ Report thereon.
    1 for0 against
  • To declare dividend on equity shares
    1 for0 against
  • To appoint a Director in place of Miss Uttara J. Desai, who retires by rotation and being eligible, offers herself for re-appointment
    1 for0 against
  • To appoint Brig. Ashutosh Nargolkar (Retd.) as Independent Director of the Company for a further term starting from the date of 47th AGM upto the date of second consecutive AGM of the Company.
    1 for0 against
  • To pay such amount of commission as it may deem fit notnexceeding 1% of the net profit or any other limit as prescribed by the Companies Act, 2013 or SEBI (Listing Obligations and Disclosure Regulations) 2015.MoreLess
    1 for0 against
  • To approve remuneration payable to Cost Auditors for the financial year 2023-24.
    1 for0 against

Mutual fund votes, meeting of 23 Sep 2022, 3 fund houses

  • To receive, consider and adopt the Audited Financial Statements as at 31st March, 2022 together with the Auditor’s Report and Directors’ Report thereon.
    3 for0 against
  • To declare dividend of Rs.13/- per share on equity shares of the Company.
    3 for0 against
  • To re-appoint Mr. B. Venkatesh Rao as Director of the Company who retires by rotation and offers himself for re-appointment.
    3 for0 against
  • To appoint M/s. Sudit K. Parekh & Co. LLP as statutory auditors of the Company.
    Against Nippon India Mutual Fund
    • Nippon India Mutual Fundinadequate justification
    2 for1 against
  • To appoint Brig. Ashutosh Nargolkar (Retd.) as Independent Director of the Company.
    Against Nippon India Mutual Fund
    • Nippon India Mutual FundAppointment proposed under Ordinary Resolution
    2 for1 against
  • To re-appoint Mr. B. Balaji Rao as Managing Director of the Company for a further period of 5 years w.e.f. 01.11.2022 on the existing terms and conditions, including remuneration.
    3 for0 against
  • To approve remuneration payable to Cost Auditors for the financial year 2022-23.
    Against Nippon India Mutual Fund
    • Nippon India Mutual FundLow audit fees
    2 for1 against

Mutual fund votes, meeting of 11 Aug 2021, 3 fund houses

Each resolution counts the houses whose vote was matched to it; the rest are listed last.

  • To receive, consider and adopt the Audited Financial Statements as at 31st March, 2021 together with the Auditor’s Report and Directors’ Report thereon.
    3 for0 against
  • To declare dividend on equity shares (170% i.e. Rs.17/- per equity share).
    3 for0 against
  • To re-appoint Mrs. Anuradha J. Desai as Director of the Company who retires by rotation and offers herself for re-appointment.
    Against Nippon India Mutual Fund
    • Nippon India Mutual FundLow attendance at AGM
    2 for1 against
  • To cancel 5715 equity shares of the Company.
    2 for0 against
  • To ratify the remuneration of Cost Auditor appointed for the financial year 2019-2020.
    3 for0 against
1 proposal not matched to one resolution
  • Approval for cancelling the forfeited portion of the Issued and Subscribed Capital of the Company.
    1 for0 against

Mutual fund votes, meeting of 29 Sep 2020, 2 fund houses

  • To approve audited financial statements as on 31st March 2020 along with Auditor's Report and Directors' Report thereon
    0 for0 against

    2 abstained

  • To re-appoint as Mr. Jitendra M. Desai as Director of the Company who retires by rotation and offers himself for reappointment
    0 for0 against

    2 abstained

  • To appoint Mrs. Neeraja Polavarapu as Director of the Company
    0 for0 against

    2 abstained

  • To ratify remuneration of Cost Auditor appointed for the year 2020-2021
    0 for0 against

    2 abstained

Mutual fund votes, meeting of 27 Sep 2019, 1 fund house

  • To appoint a Director in place of Mr. B. Venkatesh Rao, who retires by rotation and being eligible, offers himself for re-appointment.
    0 for0 against

    1 abstained

  • To appoint Ms. Uttara J. Desai (holding DIN 07521417) as a Non Executive Director of the Company who shall be liable to retire by rotation.
    0 for0 against

    1 abstained

  • To declare dividend of Rs. 8.00 per equity share for the year ended 31st March, 2019.
    0 for0 against

    1 abstained

  • To ratify the remuneration payable to M/s. Joshi Apte & Associates, Cost Accountants, in respect of cost audit of the Company for the financial year 2019-20.
    0 for0 against

    1 abstained

  • To reappoint Brig. Amrit Kapur (Retd.) (holding DIN 06778401) as an Independent Director of the Company for a term of five (5) consecutive years.
    0 for0 against

    1 abstained

  • To reappoint Brig. Rajeshwar Singh Rathore (Retd.) (holding DIN 00992251), as an Independent Director of the Company for a term of five (5) consecutive years.
    0 for0 against

    1 abstained

  • To reappoint Col. Surinder Kumar (Retd.) (holding DIN 05202620) as an Independent Director of the Company.
    0 for0 against

    1 abstained

  • To reappoint Lt. Col. Ashok Mahajan (Retd.) (holding DIN 00017150), as an Independent Director of the Company for a term of five (5) consecutive years.
    0 for0 against

    1 abstained

  • To receive, consider and adopt the Audited Financial Statement as at 31st March, 2019 together with the Auditor’s Report and Directors’ Report thereon.
    0 for0 against

    1 abstained

Mutual fund votes, meeting of 26 Sep 2018, 1 fund house

  • To receive, consider and adopt the Audited Financial Statements as at 31st March, 2018 together with the Auditor’s Report and Directors’ Report thereon.
    0 for0 against

    1 abstained

  • To declare dividend on equity shares
    0 for0 against

    1 abstained

  • To appoint a director in place of Mrs. Anuradha J. Desai (holding DIN 00012212) who retires by rotation and being eligible offers herself for re-appointment.
    0 for0 against

    1 abstained

  • To ratify appointment of M/s. B D Jokhakar & Co. as statutory auditors
    0 for0 against

    1 abstained

  • To ratify the remuneration of Rs.3,60,000/- payable to cost auditors.
    0 for0 against

    1 abstained

  • To confirm re-appointment of Mr. B. Balaji Rao as Managing Director for a further period of 5 years w.e.f. 1st November, 2017
    0 for0 against

    1 abstained

Each fund house counted once, from its own disclosure; the reasons are its own words.

Tax disputes

Reported in the filing for the quarter to Sep 2026.

  • Tax disputeCentral Excise Department, MumbaiSince 1 Apr 2012
    Litigation pending before Commsioner of Central Excise, Mumbai

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

At most 5 complaints open, quarter to Sep 2026.
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
Yes
There was a cyber security incident in the quarter
No

The company's own answers in its filing.