Whirlpool of India MD, chairman, board of directors and AGM
NSE: WHIRLPOOLBSE: 500238Consumer DurablesSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹810.20.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹10,029 Cr529th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 5 Aug 2026
- 40.0
- 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 −₹29 crore of one-off items, the largest of them in the quarter to Dec 2025.
- 35.8
- 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 20 May 2026
- 2.4
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.63%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 5 Aug 2026
- 6.2%
- 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 −₹29 crore of one-off items, the largest of them in the quarter to Dec 2025.
- 6.9%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 5 Aug 2026
- 4.8%
- 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 20 May 2026
- 0.00
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 4,38,47441.0% delivered
Whirlpool of India 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
- ChairpersonArvind Uppal
- Managing directorNarasimhan Eswar
- Company Secretary and Compliance OfficerMs. Sweta Srivastava
7 directors3 independent2 executive2 non-executive
- Arvind Uppal · ChairpersonNon-executive · joined Jan 2005 · reappointed Aug 2021 · 257 months as independent · 4 listed boards · 2 as independent · 5 committee seats, 3 as chair
- Anil BereraNon-executive · joined Nov 2011 · reappointed Jan 2020 · 175 months as independent · 1 listed board · 4 committee seats, 2 as chair
- Harita GuptaIndependent · joined Feb 2024 · reappointed Feb 2024 · 29 months as independent · 3 listed boards · 3 as independent · 8 committee seats, 1 as chair
- Pradeep Jyoti BanerjeeIndependent · joined Jun 2019 · reappointed Jun 2024 · 84 months as independent · 4 listed boards · 4 as independent · 5 committee seats, 1 as chair
- Rahul BhatnagarIndependent · joined Jun 2019 · reappointed Jun 2024 · 84 months as independent · 5 listed boards · 5 as independent · 5 committee seats, 4 as chair
- Narasimhan Eswar · Managing directorExecutive · joined Apr 2023 · reappointed Apr 2023 · 39 months as independent · 1 listed board
- Anuj LallExecutive · joined Sep 2024 · reappointed Sep 2024 · 22 months as independent · 1 listed board
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 20 May 20267 of 7 present3 independent · 13 days in between
- 6 May 20267 of 7 present4 independent · 43 days in between
- 23 Mar 20267 of 7 present4 independent · 44 days in between
- 6 Feb 20267 of 7 present4 independent · 34 days in between
1 earlier meeting
- 2 Jan 20267 of 7 present4 independent
Audit Committee
Chair Rahul Bhatnagar
Anil Berera, Harita Gupta, Pradeep Jyoti Banerjee
- 20 May 20264 of 4 present3 independent · 102 days in between
- 6 Feb 20265 of 5 present4 independent
Nomination and remuneration committee
Chair Pradeep Jyoti Banerjee
Arvind Uppal, Rahul Bhatnagar, Harita Gupta
- 20 May 20264 of 4 present3 independent · 14 days in between
- 5 May 20265 of 5 present4 independent · 42 days in between
- 23 Mar 20265 of 5 present4 independent · 44 days in between
- 6 Feb 20265 of 5 present4 independent · 34 days in between
1 earlier meeting
- 2 Jan 20265 of 5 present4 independent
Stakeholders Relationship Committee
Chair Harita Gupta
Arvind Uppal, Anil Berera, Pradeep Jyoti Banerjee
- 20 May 20264 of 4 present3 independent · 102 days in between
- 6 Feb 20264 of 4 present3 independent
Risk Management Committee
Chair Narasimhan Eswar
Rahul Bhatnagar, Arvind Uppal, Anuj Lall, Aditya Jain
- 13 May 20264 of 4 present1 independent
Corporate Social Responsibility Committee
Chair Harita Gupta
Arvind Uppal, Rahul Bhatnagar, Anil Berera
- 20 May 20264 of 4 present3 independent · 102 days in between
- 6 Feb 20264 of 4 present3 independent
Transition Committee
Chair Rahul Bhatnagar
Harita Gupta, Anil Berera, Narasimhan Eswar
No meeting listed in the filing.
Strategic Overview Committee
Chair Narasimhan Eswar
Arvind Uppal, Anil Berera, Anuj Lall
- 10 Jun 20264 of 4 present1 independent · 53 days in between
- 17 Apr 20264 of 4 present1 independent · 24 days in between
- 23 Mar 20264 of 4 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.
- S R Batliboi & Co LLPPeer-review certificate valid to Jul 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.
Whirlpool of 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.Whirlpool of India dividend history
Annual general meeting, 9 Sep 2026
1,32,059 shareholders on the register on 2 Sep 2026; present: 1 promoter and 61 others; votes counted by Akash Gupta / Akash Gupta and Associates, Company Secretaries.The company's voting result (opens in a new tab)
To receive, consider and adopt the audited standalone financial statements of the Company for the financial year ended March 31, 2026 and the Reports of the Board of Directors and Statutory Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.31%
Turnout: all 79.11% · promoters 100.00% · institutions 85.89% · other public 0.62%
- To receive, consider and adopt the audited consolidated financial statements of the Company for the financial year ended March 31, 2026 and the Report of the Statutory Auditors thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.31%
Turnout: all 79.11% · promoters 100.00% · institutions 85.89% · other public 0.62%
- To declare a final dividend of INR 5.00 per equity share for the Financial Year ended March 31, 2026.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.31%
Turnout: all 79.12% · promoters 100.00% · institutions 85.90% · other public 0.62%
- To appoint a director in place of Mr. Anil Berera (DIN: 00306485) who retires by rotation and being eligible, seeks re-appointment.Ordinary93.55% for6.45% against
Against: promoters 0.00% · institutions 12.99% · other public 0.63%
Turnout: all 79.12% · promoters 100.00% · institutions 85.90% · other public 0.62%
- Remuneration of Cost Auditors for the financial year ending March 31, 2027.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.38%
Turnout: all 79.12% · promoters 100.00% · institutions 85.90% · other public 0.62%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 21 Aug 2026, 6 resolutions
1,33,881 shareholders on the register on 17 Jul 2026; votes counted by Akash Gupta / Akash Gupta and Associates, Company Secretaries.The company's voting result (opens in a new tab)
- To approve the Whirlpool of India Employees Stock Option Plan 2026 through trust routeSpecial88.35% for11.65% against
Against: promoters 0.00% · institutions 23.57% · other public 1.08%
Turnout: all 80.88% · promoters 100.00% · institutions 86.18% · other public 8.52%
- To approve grant of employee stock options to the eligible employees of the subsidiary(ies) of the Company under the Whirlpool of India Employees Stock Option Plan 2026Special88.35% for11.65% against
Against: promoters 0.00% · institutions 23.57% · other public 1.09%
Turnout: all 80.88% · promoters 100.00% · institutions 86.18% · other public 8.52%
- To approve the Whirlpool of India ESOP Trust for acquisition of equity shares of the Company through secondary marketsSpecial88.35% for11.65% against
Against: promoters 0.00% · institutions 23.57% · other public 1.05%
Turnout: all 80.88% · promoters 100.00% · institutions 86.18% · other public 8.52%
- To approve granting of money by the Company to the Employees Welfare Trust of Whirlpool of India (“ESOP Trust”)Special88.37% for11.63% against
Against: promoters 0.00% · institutions 23.49% · other public 2.02%
Turnout: all 80.88% · promoters 100.00% · institutions 86.18% · other public 8.52%
- Appointment of Mr. Aditya Jain (DIN: 09752995) as Director of the CompanyOrdinary93.65% for6.35% against
Against: promoters 0.00% · institutions 12.85% · other public 0.61%
Turnout: all 80.88% · promoters 100.00% · institutions 86.18% · other public 8.50%
- Appointment of Mr. Aditya Jain (DIN: 09752995) as Executive Director of the CompanyOrdinary93.52% for6.48% against
Against: promoters 0.00% · institutions 13.10% · other public 0.63%
Turnout: all 80.88% · promoters 100.00% · institutions 86.18% · other public 8.50%
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.
Postal ballot, 12 Jun 2026, 1 resolution
1,31,780 shareholders on the register on 8 May 2026; votes counted by Akash Gupta / Akash Gupta and Associates, Company Secretaries.The company's voting result (opens in a new tab)
- Re-designation of Mr. Arvind Uppal (DIN: 00104992) as a Non-Executive-Non- Independent Director, liable to retire by rotation, on the Board of the CompanyOrdinary99.14% for0.86% against
Against: promoters 0.00% · institutions 1.67% · other public 0.85%
Turnout: all 82.78% · promoters 100.00% · institutions 89.18% · other public 8.63%
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 Mar 2026, 1 resolution
1,30,769 shareholders on the register on 20 Feb 2026; votes counted by Akash Gupta / Akash Gupta and Associates, Company Secretaries.The company's voting result (opens in a new tab)
- Re-designation of Mr. Anil Berera (DIN: 00306485) as a Non-Executive Independent Director of the CompanySpecialNot passedRecorded as not passed although most votes were for it; no reason is given62.25% for37.75% against
Against: promoters 0.00% · institutions 73.55% · other public 66.63%
Turnout: all 81.71% · promoters 100.00% · institutions 88.39% · other public 0.97%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 28 Nov 2025, 1 resolution
1,10,563 shareholders on the register on 24 Oct 2025; votes counted by Akash Gupta / Akash Gupta and Associates, Company Secretaries.The company's voting result (opens in a new tab)
- Alteration of the Articles of Association of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.44%
Turnout: all 88.99% · promoters 100.00% · institutions 93.20% · other public 10.05%
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, 12 Sep 2025, 6 resolutions
1,11,244 shareholders on the register on 5 Sep 2025; present: 1 promoter and 85 others; votes counted by Akash Gupta / Akash Gupta and Associates, Company Secretaries.The company's voting result (opens in a new tab)
To receive, consider and adopt the audited standalone financial statements of the Company for the financial year ended March 31, 2025 and the Reports of the Board of Directors and Statutory Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 1.67%
Turnout: all 87.41% · promoters 100.00% · institutions 91.79% · other public 0.13%
- To receive, consider and adopt the audited consolidated financial statements of the Company for the financial year ended March 31, 2025 and the Report of the Statutory Auditors thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.86%
Turnout: all 87.42% · promoters 100.00% · institutions 91.79% · other public 0.25%
- To declare a final dividend of INR 5.00 per equity share for the Financial Year ended March 31, 2025.Ordinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 49.28%
Turnout: all 87.43% · promoters 100.00% · institutions 91.80% · other public 0.25%
- To appoint a Director in place of Mr. Narasimhan Eswar (DIN: 08065594) who retires by rotation and being eligible, seeks re-appointment.Ordinary99.85% for0.15% against
Against: promoters 0.00% · institutions 0.36% · other public 0.97%
Turnout: all 87.42% · promoters 100.00% · institutions 91.79% · other public 0.24%
- Remuneration of Cost Auditors for the financial year ending 31st March, 2026.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.90%
Turnout: all 87.42% · promoters 100.00% · institutions 91.79% · other public 0.25%
- Appointment of Mr. N C Khanna, Practicing Company Secretary, as the Secretarial Auditor of the Company.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 2.57%
Turnout: all 87.41% · promoters 100.00% · institutions 91.79% · other public 0.12%
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, 9 Aug 2024, 8 resolutions
Present: 1 promoter and 63 others.The company's voting result (opens in a new tab)
To receive, consider and adopt the audited standalone financial statements of the Company for the financial year ended March 31, 2024 and the Reports of the Board of Directors and Statutory Auditors thereonMoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.54%
Turnout: all 90.44% · promoters 100.00% · institutions 96.72% · other public 0.80%
- To receive, consider and adopt the audited consolidated financial statements of the Company for the financial year ended March 31, 2024 and the Report of the Statutory Auditors thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.79%
Turnout: all 90.44% · promoters 100.00% · institutions 96.72% · other public 0.80%
- To declare a final dividend of INR 5.00 per equity share for the Financial Year ended on March 31, 2024.Ordinary99.16% for0.84% against
Against: promoters 0.00% · institutions 1.92% · other public 0.54%
Turnout: all 90.45% · promoters 100.00% · institutions 96.73% · other public 0.80%
- To appoint a Director in place of Mr. Arumalla Hari Bhavanarayana Reddy (DIN: 08060227) who retires by rotation and being eligible, seeks re-appointment.Ordinary99.63% for0.37% against
Against: promoters 0.00% · institutions 0.83% · other public 17.86%
Turnout: all 90.44% · promoters 100.00% · institutions 96.72% · other public 0.80%
- Remuneration to be paid to M/s. Chandra Wadhwa & Co., Cost Accountant, as Cost Auditors of the Company, for the financial year 2024-25.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.79%
Turnout: all 90.44% · promoters 100.00% · institutions 96.72% · other public 0.80%
- Appointment of Mr. Anuj Lal (DIN:09308110) as Director.Ordinary99.64% for0.36% against
Against: promoters 0.00% · institutions 0.83% · other public 0.59%
Turnout: all 90.44% · promoters 100.00% · institutions 96.72% · other public 0.80%
- Appointment of Mr. Anuj Lal (DIN: 09308110) as Executive Director.Ordinary97.83% for2.17% against
Against: promoters 0.00% · institutions 4.98% · other public 0.82%
Turnout: all 90.44% · promoters 100.00% · institutions 96.72% · other public 0.80%
- Waiver of excess Managerial Remuneration to Mr. Narasimhan Eswar (DIN: 08065594), Managing Director of the Company.Special91.37% for8.63% against
Against: promoters 0.00% · institutions 19.82% · other public 1.06%
Turnout: all 90.44% · promoters 100.00% · institutions 96.72% · other public 0.80%
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.
Postal ballot, 27 Jan 2024, 3 resolutions
The company's voting result (opens in a new tab)
- Re-appointment of Mr. Rahul Bhatnagar (DIN: 07268064) as an Independent Director of the CompanySpecial99.94% for0.06% against
Against: promoters 0.00% · institutions 0.37% · other public 0.42%
Turnout: all 99.91% · promoters 100.00% · institutions 99.48% · other public 99.90%
- Re-appointment of Mr. Pradeep Jyoti Banerjee (DIN: 02985965) as an Independent Director of the CompanySpecial97.75% for2.25% against
Against: promoters 0.00% · institutions 13.26% · other public 0.42%
Turnout: all 99.91% · promoters 100.00% · institutions 99.48% · other public 99.86%
- Appointment of Ms. Harita Gupta (DIN: 01719806) as an Independent Director of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.40%
Turnout: all 99.91% · promoters 100.00% · institutions 99.48% · other public 99.86%
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 9 Sep 2026, 11 fund houses so far (houses' deadline to file 15 Oct 2026)
To receive, consider and adopt the audited standalone financial statements of the Company for the financial year ended March 31, 2026 and the Reports of the Board of Directors and Statutory Auditors thereon.MoreLess
11 for0 against- To receive, consider and adopt the audited consolidated financial statements of the Company for the financial year ended March 31, 2026 and the Report of the Statutory Auditors thereon.11 for0 against
- To declare a final dividend of INR 5.00 per equity share for the Financial Year ended March 31, 2026.11 for0 against
- To appoint a director in place of Mr. Anil Berera (DIN: 00306485) who retires by rotation and being eligible, seeks re-appointment.11 for0 against
- Remuneration of Cost Auditors for the financial year ending March 31, 2027.11 for0 against
Mutual fund votes, meeting of 21 Aug 2026, 11 fund houses so far (houses' deadline to file 15 Oct 2026)
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
- To approve the Whirlpool of India Employees Stock Option Plan 2026 through trust route
Against DSP Mutual Fund, Jio BlackRock Mutual Fund
- DSP Mutual Fund, Jio BlackRock Mutual FundThe company seeks approval for Whirlpool of India Employees Stock Option Plan 2026 (Whirlpool ESOP 2026), under which up to 2.5 mn options may be granted. The scheme will be implemented through an employee welfare trust by way of secondary acquisition of shares. The overall dilution under the scheme is ~1.9% on the expanded capital base as on 30 June 2026. The exercise price is fixed at face value. The scheme is performance-linked: base options will vest based on achievement of pre-approved targets, while additional options may be granted only where actual performance exceeds the approved targets, capped at 100% of base options. The company has disclosed the corporate and individual performance metrics and has provided weightages for corporate metrics — net sales growth (40%), profit before tax (40%) and net working capital (20%). These measurable metrics and the individual performance gate strengthen alignment with shareholder interests. However, where vesting is performance-based, our guidelines expect companies to disclose the annual performance targets upfront or commit to disclosing achievement against those targets in subsequent annual reports. Whirlpool has not disclosed the annual targets and has not made a clear commitment to disclose target achievement in future annual reports. Given the lack of disclosures on performance targets, we do not support the resolution.
9 for2 against - To approve grant of employee stock options to the eligible employees of the subsidiary(ies) of the Company under the Whirlpool of India Employees Stock Option Plan 2026
Against DSP Mutual Fund, Jio BlackRock Mutual Fund
- DSP Mutual Fund, Jio BlackRock Mutual FundThrough resolution #2, the company proposes to extend Whirlpool ESOP 2026 to eligible employees of its unlisted subsidiary companies, in India or outside India. Currently, the company has one unlisted subsidiary, Whirlpool of India Kitchen Appliances Private Limited. We support the extension of scheme to unlisted subsidiaries, but our recommendation is linked to our view on resolution #1. We do not support this resolution.
9 for2 against - To approve the Whirlpool of India ESOP Trust for acquisition of equity shares of the Company through secondary markets7 for0 against
- To approve granting of money by the Company to the Employees Welfare Trust of Whirlpool of India (“ESOP Trust”)7 for0 against
- Appointment of Mr. Aditya Jain (DIN: 09752995) as Director of the Company11 for0 against
- Appointment of Mr. Aditya Jain (DIN: 09752995) as Executive Director of the Company11 for0 against
4 proposals not matched to one resolution
- 3) Approve secondary acquisition of shares through trust route for the implementation of Whirlpool of India Employees Stock Option Plan 2026 (Whirlpool ESOP 2026)1 for0 against
- 4) Approve provision of money to the trust for purchase of company’s own shares by the trust under Whirlpool of India Employees Stock Option Plan 2026 (Whirlpool ESOP 2026)1 for0 against
- Approve provision of money to the trust for purchase of company’s own shares by the trust under Whirlpool of India Employees Stock Option Plan 2026 (Whirlpool ESOP 2026)
Against DSP Mutual Fund, Jio BlackRock Mutual Fund
- DSP Mutual Fund, Jio BlackRock Mutual FundThe company proposes to provide money or loan to the Employees Welfare Trust of Whirlpool of India, not exceeding 5% of the aggregate of paid-up share capital and free reserves, for acquisition of equity shares for implementation of Whirlpool ESOP 2026. The loan shall be repayable to the company from proceeds of exercise, permitted sale or transfer of shares and any other income of the trust. Our recommendation is linked to our view on resolution #1. We do not support this resolution.
1 for2 against - Approve secondary acquisition of shares through trust route for the implementation of Whirlpool of India Employees Stock Option Plan 2026 (Whirlpool ESOP 2026)
Against DSP Mutual Fund, Jio BlackRock Mutual Fund
- DSP Mutual Fund, Jio BlackRock Mutual FundThrough resolution #3, the company seeks approval to acquire up to 2.5 mn equity shares by way of secondary acquisition for implementation of Whirlpool ESOP 2026 through an irrevocable employee welfare trust, Employees Welfare Trust of Whirlpool of India. Our recommendation is linked to our view on resolution #1. We do not support this resolution.
1 for2 against
6 earlier meetings
Mutual fund votes, meeting of 12 Jun 2026, 24 fund houses
- Re-designation of Mr. Arvind Uppal (DIN: 00104992) as a Non-Executive-Non- Independent Director, liable to retire by rotation, on the Board of the Company
Against Angel One Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Zerodha Mutual Fund
- Angel One Mutual FundGovernance Concern: No cooling off period served from transition of Independent director to Non-Independent Director. Appointment as Non-Executive Director will raise question over his independence in the previous term as Independent Director; governance concern identified in the practice of the Company, where the designation of directors is changed frequently based on the Company’s evolving requirements, which is not aligned with good governance practices.
- Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Zerodha Mutual FundCompliant with law. No concern identified on the merits of the proposed appointee. Governance Concern: No cooling off period served from transition of Independent director to Non-Independent Director. Appointment as NED will raise question over his independence in the previous term as ID; governance concern identified in the practice of the Company, where the designation of directors is changed frequently based on the Company’s evolving requirements, which is not aligned with good governance practices.
18 for6 against
Mutual fund votes, meeting of 27 Mar 2026, 25 fund houses
- Re-designation of Mr. Anil Berera (DIN: 00306485) as a Non-Executive Independent Director of the Company
Against Angel One Mutual Fund, Axis Mutual Fund, Bandhan Mutual Fund, Edelweiss Mutual Fund, Franklin Templeton Mutual Fund, Groww Mutual Fund, HDFC Mutual Fund, ICICI Prudential Mutual Fund, Invesco Mutual Fund, Jio BlackRock Mutual Fund, Kotak Mahindra Mutual Fund, Mahindra Manulife Mutual Fund, Motilal Oswal Mutual Fund, Nippon India Mutual Fund, Quantum Mutual Fund, SBI Mutual Fund, Sundaram Mutual Fund, Tata Mutual Fund, UTI Mutual Fund, Zerodha Mutual Fund
- Angel One Mutual FundGovernance concerns: Prolonged association, Cooling off period of 3 years not served in the transition from Non-Executive Director to Independent Director, Ex- executive position.
- Axis Mutual Fund, Sundaram Mutual Fund, Tata Mutual FundAnil Berera, 66, is serving on the board of Whirlpool of India (Whirlpool) since 3 November 2011. He served as an Executive Director of Whirlpool between 3 November 2011 and 1 January 2020. He was re-designated as Non-Executive Non-Independent Director since 1 January 2020. He has also served as Chief Financial Officer and Vice President (Asia) of Whirlpool Corporation -ultimate holding company. He has attended all six board meetings in FY25 and all nine board meetings in FY26 till the date of the meeting notice. Now the company seeks approval to redesignate Anil Berera as an Independent Director from 1 March 2026. The company has considered his tenure as a Non-Executive Non-Independent director to be the cooling-off period required under regulations for a former employee to be appointed as an Independent Director. We do not support this interpretation of the regulation – we believe the director should have had a complete disassociation from the company and the group for it to qualify as a cooling-off period. Further, we do not support the reappointment of Independent Directors if their aggregate tenure with the company or the group exceeds ten years, as we believe this is not in line with the spirit of the regulations. We do not support the resolution.
- Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Zerodha Mutual FundComplaint with law. No concern w.r.t merits of proposed appointee. Governance concerns: Prolonged association - Mr. Anil Berera has been associated with the Company for more than 19 years. An independent director having such prolonged association does not align with good governance principles. Cooling off period not served - Cooling off period of 3 years not served in the transition from Non-Executive Director to Independent Director. Ex- executive position - Mr. Anil Berera has been associated with the Company since March 2007, initially serving as Chief Financial Officer and subsequently as Executive Director until 31st December 2019. Appointment of an employee who mainly held Executive/Managerial position with the Company as an Independent Director is not indicative of a good governance practice.
- Franklin Templeton Mutual FundA vote AGAINST this resolution is warranted because: • He has been associated with the company for more than ten years. In addition, he is a former executive of the company who has not serve adequate cooling off period (complete disassociation) with the company for five years. • The board is not at least one-half independent and Anil Berera is a non independent director nominee. • There is lack of sufficient information justifying Anil Berera redesignation from Non-Independent to Independent.
- HDFC Mutual FundAnil Berera, 66, is serving on the board of Whirlpool of India (Whirlpool) since 3 November 2011. He served as an Executive Director of Whirlpool between 3 November 2011 and 1 January 2020. He was re-designated as Non-Executive Non-Independent Director since 1 January 2020. He has also served as Chief Financial Officer and Vice President (Asia) of Whirlpool Corporation -ultimate holding company. He has attended all six board meetings in FY25 and all nine board meetings in FY26 till the date of the meeting notice.Now the company seeks approval to redesignate Anil Berera as an Independent Director from 1 March 2026. The company has considered his tenure as a Non-Executive Non-Independent director to be the cooling-off period required under regulations for a former employee to be appointed as an Independent Director. We do not support this interpretation of the regulation – we believe the director should have had a complete disassociation from the company and the group for it to qualify as a cooling-off period. Further, we do not support the reappointment of Independent Directors if their aggregate tenure with the company or the group exceeds ten years, as we believe this is not in line with the spirit of the regulations. We do not support the resolution.
- ICICI Prudential Mutual FundAnil Berera, 66, is serving on the board of Whirlpool of India (Whirlpool) since 3 November 2011. He served as an Executive Director of Whirlpool between 3 November 2011 and 1 January 2020. He was re-designated as Non-Executive Non-Independent Director since 1 January 2020. He has also served as Chief Financial Officer and Vice President (Asia) of Whirlpool Corporation -ultimate holding company. He has attended all six board meetings in FY25 and all nine board meetings in FY26 till the date of the meeting notice. Now the company seeks approval to redesignate Anil Berera as an Independent Director from 1 March 2026. The company has considered his tenure as a Non-Executive Non-Independent director to be the cooling-off period required under regulations for a former employee to be appointed as an Independent Director. We do not support this interpretation of the regulation. The director should have had a complete disassociation from the company and the group for it to qualify as a cooling-off period. Hence, voting against the resolution.
- Invesco Mutual FundAnil Berera, 66, is serving on the board of Whirlpool of India (Whirlpool) since 3 November 2011. He served as an Executive Director of Whirlpool between 3 November 2011 and 1 January 2020. He was re-designated as Non-Executive Non-Independent Director since 1 January 2020. He has also served as Chief Financial Officer and Vice President (Asia) of Whirlpool Corporation -ultimate holding company. He has attended all six board meetings in FY25 and all nine board meetings in FY26 till the date of the meeting notice. Now the company seeks approval to redesignate Anil Berera as an Independent Director from 1 March 2026. The company has considered his tenure as a Non-Executive Non-Independent director to be the cooling-off period required under regulations for a former employee to be appointed as an Independent Director. We do not support this interpretation of the regulation – we believe the director should have had a complete disassociation from the company and the group for it to qualify as a cooling-off period. Further, we do not support the reappointment of Independent Directors if their aggregate tenure with the company or the group exceeds ten years, as we believe this is not in line with the spirit of the regulations. We do not support the resolution
- Jio BlackRock Mutual FundAnil Berera, 66, is serving on the board of Whirlpool of India (Whirlpool) since 3 November 2011. He served as an Executive Director of Whirlpool between 3 November 2011 and 1 January 2020. He was re-designated as Non-Executive Non-Independent Director since 1 January 2020. He has also served as Chief Financial Officer and Vice President (Asia) of Whirlpool Corporation -ultimate holding company. He has attended all six board meetings in FY25 and all nine board meetings in FY26 till the date of the meeting notice.Now the company seeks approval to redesignate Anil Berera as an Independent Director from 1 March 2026. The company has considered his tenure as a Non-Executive Non-Independent director to be the cooling-off period required under regulations for a former employee to be appointed as an Independent Director. We do not support this interpretation of the regulation – we believe the director should have had a complete disassociation from the company and the group for it to qualify as a cooling-off period.Further, we do not support the reappointment of Independent Directors if their aggregate tenure with the company or the group exceeds ten years, as we believe this is not in line with the spirit of the regulations. We do not support the resolution.
- Kotak Mahindra Mutual FundAnil Berera, 66, is serving on the board of Whirlpool of India (Whirlpool) since 3 November 2011. He served as an Executive Director of Whirlpool between 3 November 2011 and 1 January 2020. He was re-designated as Non-Executive Non-Independent Director since 1 January 2020. He has also served as Chief Financial Officer and Vice President (Asia) of Whirlpool Corporation -ultimate holding company. He has attended all six board meetings in FY25 and all nine board meetings in FY26 till the date of the meeting notice. The appointee was continuously associated with the Company, first in Executive capacity and then in Non-Executive capacity. In such scenario, we can not consider this as good governance practice and the independence of Mr. Berera would be a question. Hence, we do not favour it.
- Mahindra Manulife Mutual Fund, SBI Mutual FundAnil Berera, 66, is serving on the board of Whirlpool of India (Whirlpool) since 3 November 2011. He served as an Executive Director of Whirlpool between 3 November 2011 and 1 January 2020. He was re-designated as Non-Executive Non-Independent Director since 1 January 2020. He has also served as Chief Financial Officer and Vice President (Asia) of Whirlpool Corporation -ultimate holding company. He has attended all six board meetings in FY25 and all nine board meetings in FY26 till the date of the meeting notice. Now the company seeks approval to redesignate Anil Berera as an Independent Director from 1 March 2026. The company has considered his tenure as a Non-Executive Non-Independent director to be the cooling-off period required under regulations for a former employee to be appointed as an Independent Director. We do not support this interpretation of the regulation – we believe the director should have had a complete disassociation from the company and the group for it to qualify as a cooling-off period. We do not support the resolution.
- Nippon India Mutual FundGovernance Concern: Prolonged association with the group. Cooling off period of 3 years not served at the time of transition from NED to ID
- Quantum Mutual FundMr. Anil Berera was earlier a CFO of whirlpool corporation. Later he was an Executive director from 2011-2019. Then he became NED in 2019 and is NED till date. The Company is now proposing his appointment as an Independent Director of the Company w.e.f. 1st March, 2026. No cooling off period of 3 years served.
- UTI Mutual FundAnil Berera, 66, is serving on the board of Whirlpool of India (Whirlpool) since 3 November 2011. He served as an Executive Director of Whirlpool between 3 November 2011 and 1 January 2020. He was re-designated as Non-Executive Non-Independent Director since 1 January 2020. He has also served as Chief Financial Officer and Vice President (Asia) of Whirlpool Corporation -ultimate holding company. He has attended all six board meetings in FY25 and all nine board meetings in FY26 till the date of the meeting notice.Now the company seeks approval to redesignate Anil Berera as an Independent Director from 1 March 2026. The company has considered his tenure as a Non-Executive Non-Independent director to be the cooling-off period required under regulations for a former employee to be appointed as an Independent Director. We do not support this interpretation of the regulation.
5 for20 against
Mutual fund votes, meeting of 28 Nov 2025, 25 fund houses
- Alteration of the Articles of Association of the Company25 for0 against
Mutual fund votes, meeting of 12 Sep 2025, 24 fund houses
To receive, consider and adopt the audited standalone financial statements of the Company for the financial year ended March 31, 2025 and the Reports of the Board of Directors and Statutory Auditors thereon.MoreLess
24 for0 against- To receive, consider and adopt the audited consolidated financial statements of the Company for the financial year ended March 31, 2025 and the Report of the Statutory Auditors thereon.24 for0 against
- To declare a final dividend of INR 5.00 per equity share for the Financial Year ended March 31, 2025.24 for0 against
- To appoint a Director in place of Mr. Narasimhan Eswar (DIN: 08065594) who retires by rotation and being eligible, seeks re-appointment.24 for0 against
- Remuneration of Cost Auditors for the financial year ending 31st March, 2026.24 for0 against
- Appointment of Mr. N C Khanna, Practicing Company Secretary, as the Secretarial Auditor of the Company.24 for0 against
Mutual fund votes, meeting of 9 Aug 2024, 17 fund houses
To receive, consider and adopt the audited standalone financial statements of the Company for the financial year ended March 31, 2024 and the Reports of the Board of Directors and Statutory Auditors thereonMoreLess
17 for0 against- To receive, consider and adopt the audited consolidated financial statements of the Company for the financial year ended March 31, 2024 and the Report of the Statutory Auditors thereon.17 for0 against
- To declare a final dividend of INR 5.00 per equity share for the Financial Year ended on March 31, 2024.17 for0 against
- To appoint a Director in place of Mr. Arumalla Hari Bhavanarayana Reddy (DIN: 08060227) who retires by rotation and being eligible, seeks re-appointment.17 for0 against
- Remuneration to be paid to M/s. Chandra Wadhwa & Co., Cost Accountant, as Cost Auditors of the Company, for the financial year 2024-25.17 for0 against
- Appointment of Mr. Anuj Lal (DIN:09308110) as Director.17 for0 against
- Appointment of Mr. Anuj Lal (DIN: 09308110) as Executive Director.
Against Axis Mutual Fund, DSP Mutual Fund, Edelweiss Mutual Fund
- Axis Mutual Fund, DSP Mutual FundAnuj Lal to be designated as Vice President Integrated Supply Chain, will succeed Arumalla Reddy, who is retiring on 31 August 2024. For FY24, Arumalla Reddy’s remuneration – inclusive of stock options from Whirlpool Corporation US (parent company) was Rs. 19.7 mn. Anuj Lal post appointment will also eligible to stock options of Whirlpool Corporation US (parent company) in addition to performance bonus and fixed components namely basic salary, allowances and perquisites. We note, though details of his fixed components have been adequately disclosed and his estimated at Rs. 19.7 mn, the company has not provided any details on quantum of stock options and basis of computation of performance bonus. In the absence of information, we are unable to ascertain overall proposed pay. Furthermore, the company has also not disclosed performance metrics that will govern grant of stock option and payment of performance bonus. Therefore, while we support his appointment to the board, we raise concerns over the disclosure in the proposed remuneration structure. Accordingly, we are unable to support the resolution.
- Edelweiss Mutual FundMultiple reolutions in one
14 for3 against - Waiver of excess Managerial Remuneration to Mr. Narasimhan Eswar (DIN: 08065594), Managing Director of the Company.
Against Franklin Templeton Mutual Fund, HSBC Mutual Fund
- Franklin Templeton Mutual Fund, HSBC Mutual FundA vote AGAINST this resolution is warranted in view of the following concerns in the executive's remuneration: • Narasimhan Eswar overall remuneration is deemed to significantly higher than industry standards and market peers of commensurate scale and operations. • There are no disclosures on the threshold and target performance that he achieved to determine the performance bonus in FY2024. • Overall pay of the executive is not commensurate with company's performance in FY24.
15 for2 against
Mutual fund votes, meeting of 27 Jan 2024, 15 fund houses
- Re-appointment of Mr. Rahul Bhatnagar (DIN: 07268064) as an Independent Director of the Company15 for0 against
- Re-appointment of Mr. Pradeep Jyoti Banerjee (DIN: 02985965) as an Independent Director of the Company
Against DSP Mutual Fund, SBI Mutual Fund
- DSP Mutual Fund, SBI Mutual FundPradeep Jyoti Banerjee, 65, is presently Managing Partner of Pradeep Banerjee Associates, an Operating Partner in Advent PE and Senior Advisor with Boston Consulting Group (BCG). He has over four decades of experience in customer service, manufacturing, marketing, logistics, procurement & R&D at Hindustan Unilever Limited (HUL). He has been Independent Director on the bord of Whirlpool of India Limited since 19 June 2019. He attended four out of five (80%) board meetings held in FY23. Pradeep Jyoti Banerjee is on the board of five listed companies (including Whirlpool of India Limited). Given their full-time responsibilities, regulations allow whole-time directors of listed companies to be independent directors in a maximum of three listed companies. We believe that as Managing Partner of Pradeep Banerjee Associates, Operating Partner in Advent PE and Senior Advisor with BCG, his responsibilities are equivalent to a whole-time directorship of a listed company. Therefore, his high number of directorships on listed companies is not in keeping with the spirit of the regulation. We do not support his reappointment.
13 for2 against - Appointment of Ms. Harita Gupta (DIN: 01719806) as an Independent Director of the Company15 for0 against
Each fund house counted once, from its own disclosure; the reasons are its own words.
Fines and tax disputes
Reported in the filing for the quarter to Jun 2026.
- Fine or penaltyAssistant Commissioner (Audit) Circle-IV, Audit-I Commissionerate PuneSince 22 Apr 2026
The Company is in receipt of an audit report dated April 16, 2026 and received by us on April 22, 2026, in which a penalty of INR 18,484/- has been levied due to inadmissible availment of Input Tax Credit.
Same as column F - Fine or penaltyJoint Commissioner Jurisdiction: GHAZIABAD:MEERUT:CBICSince 22 May 2026
The Company is in receipt of an order dated May 22, 2026 and received by us on same day, in which a penalty of INR 1,04,435/- has been levied due to mismatch of amount in E-Way Bill.
Same as column F - Fine or penaltyAssistant Commissioner Jurisdiction:Sector 3 (Mobile Squad) SitapurSince 27 May 2026
The Company is in receipt of an order dated May 27, 2026 and received by us on same day, in which a penalty of INR 73,072/- has been levied u/s section 129 of CGST Act, due to incorrect documentation during transportation of goods.
Same as column F - Fine or penaltyAssistant Commissioner Jurisdiction:Sector 2 (Mobile Squad-3) LucknowSince 13 Jun 2026
The Company is in receipt of an order dated June 13, 2026 and received by us on same day, in which a penalty of INR 12,600/- has been levied u/s section 129 of CGST Act, due to incorrect documentation during transportation of goods.
Same as column F - Fine or penaltySuperintendent - Central GST & Central Excise Audit Commissionerate Raipur, ChhattisgarhSince 17 Jun 2026
The Company is in receipt of an order dated June 17, 2026 and received by us on same day, in which a tax of INR 1,61,260/-; Interest of INR 3,64,284/- and penalty of INR 24,189/- has been levied due to Excess availment of ITC.
Same as column F - Fine or penaltyCentral Board of Indirect Taxes and Customs (CBIC)Since 16 Jun 2026
The Company was levied a penalty of INR 2,20,086 due to delay in filing of bill of entry on various shipments
Same as column F - Tax disputeAssistant Commissioner of Income Tax (OSD), Range-10, New DelhiSince 29 Dec 2006Matter pending for adjudication before Tribunal. No Update during the quarter.At the filing before: AY 2004-05 - The income-tax authorities has made certain transfer pricing adjustments.
- Tax disputeAssistant Commissioner of Income Tax (OSD), Range-10, New DelhiSince 19 Dec 2008
The Company has filed an appeal before ITAT on February 22, 2026 which is pending for disposal. In the meanwhile, the AO passed rectification order dt. 17.06.2026 giving relief for disallowance of depreciation of INR 9.28 crores and claim of TDS credit of INR 10.92 lakhs.MoreLess
At the filing before: AY 2005-06 - As per our letter dated March 28, 2025, the Company has appealed against the said orders at the appellate forums. In March 2025 the Company has received draft orders for the AY 2005-06 and the Company has filed objections with Dispute Resolution Panel. Dispute Resolution Panel passed its order dated December 17, 2025 sustaining the same additions (aggregating to Rs. 20.03 crores) as was made in the draft order without providing any relief. Final order dated December 29, 2025 received from Adjudicating Officer confirming the same.MoreLess
7 more
- Tax disputeAssistant Commissioner of Income Tax (OSD), Range-10, New DelhiSince 23 Feb 2016Matter pending for adjudication before Tribunal. No update during the quarter.At the filing before: AY 2011-12 - The income-tax authorities disallowed certain expenses majorly related to claim of R&D expenses, provision for package tour / travel expenses and short deduction of TDS.
- Tax disputeAssistant Commissioner of Income Tax (OSD), Range-10, New Delhi / National Faceless assessment centreSince 30 Mar 2021Matter pending before the Delhi High Court. No update during the quarter.At the filing before: AY 2016-17 - The income-tax authorities disallowed certain expense related to claim of loss on account of damage of inventory.
- Tax disputeAssistant Commissioner of Income Tax (OSD), Range-10, New DelhiSince 30 Jun 2022Matter pending before ITAT. No update during the quarter.At the filing before: AY 2018-19 - The income-tax authorities disallowed certain expenses majorly related to claim of R&D expenses, and other such miscellaneous claim of expenses.
- Tax disputeAssistant Commissioner of Income Tax (OSD), Range-10, New DelhiSince 30 Jul 2024Matter pending before ITAT. Rectification application pending before Dispute Resolution Panel. No further update during the quarter.
At the filing before: AY 2020-21 - As per our letter dated March 28, 2025, for the AY 2020-21, after considering similar disallowances the Authorities had disallowed an amount of INR 21.64* crores. The Company is in receipt of rectification order dated 10th March, 2025 for the AY 2020-21 wherein the disallowed amount has now been reduced to INR 0.02* crores. * The above mentioned amount reflects the disputed amount and tax will be calculated at applicable rate after the cases are disposed of at respective forums.MoreLess
- Tax disputeAssistant Commissioner of Income Tax (OSD), Range-10, New DelhiSince 17 Mar 2025The Company has filed an appeal before ITAT on February 02, 2026 which is pending for disposal.
At the filing before: AY 2022-23 - As per our letter dated March 28, 2025, the Company has appealed against the said orders at the appellate forums. In March 2025 the Company has received draft orders for the AY 2022-23 and the Company has filed the objections with Dispute Resolution Panel. Dispute Resolution Panel passed its order dated November 19, 2025 sustaining the same additions (aggregating to Rs. 19.50 crores) as was made in the draft order without providing any relief. Final order dated December 23, 2025 received from Adjudicating Officer confirming the same.MoreLess
- Tax disputeAssistant Commissioner of Income Tax (OSD), Range-10, New DelhiSince 24 Mar 2026The Company has filed objections against the said adjustments before Dispute Resolution Panel (DRP) on 22.04.2026.
At the filing before: AY 2023-24 - The Company has received draft assessment order for the AY 2023-24 (in March 2026) from the Assessment unit for the total disallowance of INR 28.39 Cr for the following: (i) Transfer Pricing adjustments - INR 21.31 Cr (ii) Centralized Processing Centre made adjustment under section 43B - INR 7.08 CrMoreLess
- Tax disputeAssistant Commissioner of Income Tax (OSD), Range-10, New DelhiSince 30 Apr 2022The matter is closed. There is no update during the quarter.At the filing before: AY 2017-18 - The income-tax authorities disallowed certain expenses majorly related to claim of R&D expenses, and other such miscellaneous claim of expenses.
In the company's own words, from its latest governance filing.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- Yes
- The chair is related to the managing director
- No
- The filing has a part on fines and penalties
- Yes
- The filing has a part on tax disputes
- Yes
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.