XL Energy MD, chairman, board of directors and AGM

BSE: 532788Telecom - Equipment & Accessories

Formerly XL Telecom & Energy

Trading suspended since 11 Mar 2020

Last traded ₹0.25 on 9 Mar 2020

XL Energy 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

6 directors3 independent2 executive1 non-executive

  • Naresh JainNon-executive · joined May 2024 · 3 listed boards · 2 committee seats, 1 as chair
  • Karishma JainExecutive · joined May 2024 · 1 listed board
  • Sandeep Kumar HisariaExecutive · joined Jun 2024 · 1 listed board
  • Vinod Kumar KathuriaIndependent · joined Jun 2024 · 24 months as independent · 6 listed boards · 6 as independent · 7 committee seats, 2 as chair
  • Hari Chand MittalIndependent · joined Mar 2025 · 15 months as independent · 3 listed boards · 3 as independent · 2 committee seats, 1 as chair
  • Suryakant Maruti KadakaneIndependent · joined Dec 2025 · 6 months as independent · 4 listed boards · 4 as independent · 6 committee seats, 4 as chair

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.

Statutory auditor

Named in the results for the quarter to Mar 2026.

  • M/s. Pavuluri & CoPeer-review certificate valid to Feb 2028
1 earlier auditor
  • M/s. V N R AssociatesNamed in the filing for the quarter to Mar 2025

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

XL Energy 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.XL Energy dividend history

Annual general meeting, 30 Sep 2026

9,929 shareholders on the register on 23 Sep 2026; present: 2 promoters and 41 others; votes counted by Mr. Suprabhat Chakraborty / M/s. Suprabhat & Co..The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial statement of the Company for the year ended 31st March, 2026 including reports of the Board of Directors and Auditors thereon.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.00%

    Turnout: all 95.13% · promoters 100.00% · other public 2.56%

  2. To consider the appointment of director in place of Mr. Naresh Manakchand Jain (DIN: 00291963), who is liable to retire 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% · other public 0.00%

    Turnout: all 95.13% · promoters 100.00% · other public 2.56%

  3. Appointment of Mr. Pankaj Jain (DIN: 11114458) as Non-Executive, Independent Director of the Company for a term of 5 years
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.00%

    Turnout: all 95.13% · promoters 100.00% · other public 2.56%

  4. Appointment of Mr. Harsh Jain as Manager of the company of the company for term of 5 years
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.00%

    Turnout: all 95.13% · promoters 100.00% · other public 2.56%

  5. To Confirm the Appointment of Mr. Suryakant Kadakane Maruti (DIN: 02272617) as a Non-Executive Independent Director of the company for a term of 5 years
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.00%

    Turnout: all 95.13% · promoters 100.00% · other public 2.56%

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

Annual general meeting, 31 Dec 2025, 9 resolutions

9,929 shareholders on the register on 23 Dec 2025; present: 3 promoters and 36 others; votes counted by Mr. Suprabhat Chakraborty / M/s. Suprabhat & Co..The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial statement of the Company for the year ended 31stMarch, 2025 including reports of the Board of Directors and Auditors thereon.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.00%

    Turnout: all 95.12% · promoters 100.00% · other public 2.41%

  2. To consider the appointment of director in place of Ms. Karishma Jain (DIN: 03053010), who is liable to retire by rotation and being eligible offers herself for re-appointment
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.00%

    Turnout: all 95.12% · promoters 100.00% · other public 2.41%

  3. To appoint M/s. Pavuluri & Co., Chartered Accountants as the Statutory Auditor of the Company for the term of 5 consecutive financial years
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.00%

    Turnout: all 95.12% · promoters 100.00% · other public 2.41%

  4. To consider and approve change in Designation of Ms Karishma Jain (DIN: 03053010) from Non-Executive Non-Independent Director to Executive Director
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.00%

    Turnout: all 95.12% · promoters 100.00% · other public 2.41%

  5. To consider and approve the appointment of Mr. Sandeep Kumar Hisaria (DIN: 00190632) as a Whole-Time Director of the Company for a term of 5 years
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.00%

    Turnout: all 95.12% · promoters 100.00% · other public 2.41%

  6. To consider and approve appointment of Mr. Vinod Kumar Kathuria (DIN: 06662559) as an Independent Director of the Company for a term of 5 years
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.00%

    Turnout: all 95.12% · promoters 100.00% · other public 2.41%

  7. To consider and approve appointment of Mr. Harichand Mittal (DIN: 08797386) as an Independent Director of the Company for a term of 5 years
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.00%

    Turnout: all 95.12% · promoters 100.00% · other public 2.41%

  8. To consider and approve appointment of Mr. Suryakant Kadakane Maruti (DIN: 02272617) as an Independent Director of the Company for a term of 5 years
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.00%

    Turnout: all 95.12% · promoters 100.00% · other public 2.41%

  9. To consider and approve appointment of M/s. Suprabhat & Co, Practicing Company Secretary as the Secretarial Auditor of the Company for term of 5 years.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.00%

    Turnout: all 95.12% · promoters 100.00% · other public 2.41%

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 2018, 5 resolutions

Present: 7 promoters and 46 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended 31st March, 2018 together with the reports of the Board of Directors� and Auditors� thereon
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.72%

    Turnout: all 74.59% · promoters 100.00% · institutions 0.00% · other public 1.97%

  2. To appoint a Director in place of Mr Aneesh Mittal, Director (DIN: 00061365), who retires by rotation and being eligible offers himself for re-appointment
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.59%

    Turnout: all 22.39% · promoters 100.00% · institutions 0.00% · other public 0.20%

  3. Appointment of Statutory Auditors:
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.72%

    Turnout: all 22.39% · promoters 100.00% · institutions 0.00% · other public 0.20%

  4. Re-appointment of Mr Dinesh Kumar (DIN: 00054833) as Managing Director
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.72%

    Turnout: all 22.39% · promoters 100.00% · institutions 0.00% · other public 0.20%

  5. Re-appointment of Mr Aneesh Mittal (DIN: 00061365) as Whole time Director
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.59%

    Turnout: all 22.39% · promoters 100.00% · institutions 0.00% · other public 0.20%

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.

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
No
The company has a risk management committee
No
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.