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Hubtown MD, chairman and AGM

NSE: HUBTOWNBSE: 532799RealtySmall Cap

Hubtown Limited · Formerly Ackruti City · Face value ₹10 · Listed Feb 2007
Last close ₹172.34up ₹22.79 (15.24%)BSE ₹173.60

Share price at the NSE close on 28 Oct 2026. Previous close ₹149.55.

28 Oct: open ₹148.97, high ₹179.46, low ₹147.06

52-week range of traded prices to 28 Oct 2026
₹139.34Low, 26 Oct 2026₹339.00High, 18 Nov 2025
Market cap
₹2,449 Cr978th largest listed
P/E
26.02
P/B
0.93
Dividend yield
Nonein the last 12 months
ROE
3.7%
ROCE
3.5%
Debt to equity
0.45
Volume, NSE
34,41,15432.9% delivered

Hubtown's chairperson is Hemant Mahipatray Shah and its managing director Vyomesh Mahipatray Shah, as filed for the quarter to Sep 2026. Its latest annual general meeting was on 18 Sep 2026.

Hubtown 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

  • ChairpersonHemant Mahipatray Shah
  • Managing directorVyomesh Mahipatray Shah
  • Company Secretary and Compliance OfficerShivil Kapoor

6 directors4 independent2 executive

  • Hemant Mahipatray Shah · ChairpersonExecutive · joined Jan 2012 · reappointed Sep 2024 · 1 listed board · 1 committee seat
  • Vyomesh Mahipatray Shah · Managing directorExecutive · joined Nov 2006 · reappointed Sep 2024 · 1 listed board · 1 committee seat
  • Kartik RuparelIndependent · joined Sep 2020 · reappointed Jun 2025 · 72 months as independent · 1 listed board · 1 as independent · 2 committee seats
  • Bhakti Jaywant KothariIndependent · joined Nov 2022 · reappointed Dec 2022 · 46 months as independent · 1 listed board · 1 as independent · 2 committee seats, 2 as chair
  • Milin Jagdish RamaniIndependent · joined Sep 2022 · reappointed Dec 2022 · 48 months as independent · 5 listed boards · 5 as independent · 8 committee seats, 1 as chair
  • Jignesh Hansraj GalaIndependent · joined May 2023 · reappointed Jun 2023 · 40 months as independent · 1 listed board · 1 as independent

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

    • 3 Aug 20266 of 6 present4 independent · 80 days in between
    • 14 May 20266 of 6 present4 independent
  • Audit Committee

    Chair Bhakti Jaywant Kothari

    Vyomesh Mahipatray Shah, Kartik Ruparel, Milin Jagdish Ramani

    • 3 Aug 20264 of 4 present3 independent · 80 days in between
    • 14 May 20264 of 4 present3 independent
  • Nomination and remuneration committee

    Chair Jignesh Hansraj Gala

    Hemant Mahipatray Shah, Kartik Ruparel, Milin Jagdish Ramani

    • 14 May 20264 of 4 present3 independent
  • Stakeholders Relationship Committee

    Chair Bhakti Jaywant Kothari

    Hemant Mahipatray Shah, Kartik Ruparel

    • 14 May 20263 of 3 present2 independent
  • Risk Management Committee

    Chair Vyomesh Mahipatray Shah

    Bhakti Jaywant Kothari, Jignesh Hansraj Gala

    No meeting listed in the filing.

  • Corporate Social Responsibility Committee

    Chair Vyomesh Mahipatray Shah

    Hemant Mahipatray Shah, Kartik Ruparel

    • 14 May 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.

  • JBTM & Associates LLPPeer-review certificate valid to Sep 2026

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

Hubtown 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.Hubtown dividend history

Annual general meeting, 18 Sep 2026

34,345 shareholders on the register on 11 Sep 2026; present: 22 promoters and 61 others; votes counted by Mihen Halani / M/s. Mihen Halani & Associates.The company's voting result

  1. To consider and adopt the audited financial statements (including consolidated financial statements) for the financial year ended March 31, 2026 and the reports of the Board of Directors and Auditors thereon.MoreLess
    Ordinary
    99.10% for0.90% against

    Against: promoters 0.00% · institutions 98.83% · other public 0.00%

    Turnout: all 46.12% · promoters 100.00% · institutions 25.86% · other public 19.21%

  2. To appoint a director in place of Mr. Vyomesh M. Shah (DIN: 00009596), who retires by rotation and being eligible, has offered himself for re-appointment.
    Ordinary
    99.60% for0.40% against

    Against: promoters 0.00% · institutions 43.53% · other public 0.00%

    Turnout: all 46.12% · promoters 100.00% · institutions 25.86% · other public 19.21%

  3. To consider and approve issuance of FCCB upto US$ 150 Million.
    Special
    99.10% for0.90% against

    Against: promoters 0.00% · institutions 98.83% · other public 0.00%

    Turnout: all 46.12% · promoters 100.00% · institutions 25.86% · other public 19.21%

  4. To consider and approve the remuneration of the Cost Auditors of the Company for the financial year 2026-27.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 46.12% · promoters 100.00% · institutions 25.86% · other public 19.21%

  5. To approve Material Related Party Transactions of the Company.
    OrdinaryPromoters have an interest in it
    96.87% for3.13% against

    Against: promoters 0.00% · institutions 96.24% · other public 0.00%

    Turnout: all 12.95% · promoters 0.00% · institutions 25.86% · other public 19.21%

  6. Approval for Material Related Party Transaction(s) to which the Subsidiary(ies) of the Company is a party but the Company is not party, as required under Regulations 23(2) and 23(4) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.MoreLess
    OrdinaryPromoters have an interest in it
    96.87% for3.13% against

    Against: promoters 0.00% · institutions 96.24% · other public 0.00%

    Turnout: all 12.95% · promoters 0.00% · institutions 25.86% · other public 19.21%

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.

Meeting called by the tribunal, 19 Jun 2026, 1 resolution

34,184 shareholders on the register on 12 Jun 2026; present: 22 promoters and 42 others; votes counted by CHINTAN JAGDISHGIRI GOSWAMI / KJB & CO LLP.The company's voting result

  1. To approve Scheme of Arrangement (“Scheme”) in the nature of amalgamation / merger of 25 West Realty Private Limited (“Transferor Company”) with Hubtown Limited (“Transferee Company”) and their respective shareholders and creditors.MoreLess
    SpecialPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 49.29% · promoters 100.00% · institutions 25.28% · other public 24.48%

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.

Meeting called by the tribunal, 5 Jun 2026, 1 resolution

34,566 shareholders on the register on 29 May 2026; present: 18 promoters and 42 others; votes counted by KETAN S DAND / KETAN S DAND.

  1. To consider and approve the Scheme of Arrangement ("Scheme") in the nature of merger / amalgamation of Saicharan Consultancy Private Limited ("Transferor Company") with Hubtown Limited ("Transferee Company" or "Company") and their respective shareholders and creditors under Section 230 to 232 of the Companies Act, 2013 read with applicable rules made thereunderMoreLess
    SpecialPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 44.05% · promoters 100.00% · institutions 17.01% · other public 16.70%

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.

Extraordinary general meeting, 10 Mar 2026, 1 resolution

34,617 shareholders on the register on 2 Mar 2026; present: 23 promoters and 52 others; votes counted by Mihen Halani / M/s Mihen Halani & Associates.The company's voting result

  1. To approve issue of securities to investors
    Special
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 3.49% · other public 0.01%

    Turnout: all 50.71% · promoters 100.00% · institutions 21.19% · other public 24.24%

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, 6 resolutions

34,338 shareholders on the register on 18 Sep 2025; present: 23 promoters and 51 others; votes counted by Mihen Halani / M/s. Mihen Halani & Associates.The company's voting result

  1. To consider and adopt the audited financial statements (including consolidated financial statements) for the financial year March 31, 2025 and the reports of the Board of Directors and Auditors thereonMoreLess
    Ordinary
    99.30% for0.70% against

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

    Turnout: all 44.53% · promoters 100.00% · institutions 15.66% · other public 15.84%

  2. To appoint a director in place of Mr. Vyomesh M. Shah (DIN: 00009596), who retires by rotation and being eligible, has offered himself for re-appointment
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 44.53% · promoters 100.00% · institutions 15.66% · other public 15.84%

  3. To consider the re-appointment of M/s. JBTM & Associates LLP, Chartered Accountants, (Firm Registration No. 100365W) as Statutory Auditors of the Company and authorized Board of Directors to fix the remunerationMoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 44.53% · promoters 100.00% · institutions 15.66% · other public 15.84%

  4. 4 - To consider and approve the remuneration of the Cost Auditors of the Company for financial year 2025-26 .
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 44.53% · promoters 100.00% · institutions 15.66% · other public 15.84%

  5. 5 - To consider the appointment of M/s. Mihen Halani & Associates, Company Secretaries, (Mem. No. F12015; CP No. 9926) as Secretarial Auditors of the Company and authorized Board of Directors to fix the remunerationMoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 44.53% · promoters 100.00% · institutions 15.66% · other public 15.84%

  6. To approve the revised limit of material related party transaction with Twenty Five Estates Realty Private Limited, a Subsidiary Company of Hubtown Limited under the Companies Act, 2013 and the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015MoreLess
    OrdinaryPromoters have an interest in it
    97.03% for2.97% against

    Against: promoters 0.00% · institutions 98.78% · other public 0.00%

    Turnout: all 10.44% · promoters 0.00% · institutions 15.66% · other public 15.84%

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.

Extraordinary general meeting, 23 Sep 2025, 1 resolution

34,349 shareholders on the register on 17 Sep 2025; present: 23 promoters and 34 others; votes counted by Mihen Halani / M/s Mihen Halani & Associates.The company's voting result

  1. Issuance of equity shares to private investors by way of preferential issue (“Investors Equity Issue”)
    Special
    100.00% for0.00% against

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

    Turnout: all 38.53% · promoters 82.81% · institutions 15.88% · other public 15.61%

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.

Extraordinary general meeting, 27 Jun 2025, 9 resolutions

30,066 shareholders on the register on 19 Jun 2025; present: 14 promoters and 51 others; votes counted by Mihen Halani / M/s. Mihen Halani & Associates.

  1. TO INCREASE THE BORROWING LIMITS UNDER SECTION 180 (1)(C) OF THE COMPANIES ACT, 2013
    Special
    100.00% for0.00% against

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

    Turnout: all 48.26% · promoters 90.98% · institutions 17.77% · other public 28.72%

  2. TO CREATE CHARGES / MORTGAGES ON OR SELL OR OTHERWISE DISPOSE OF THE MOVEABLE AND IMMOVEABLE PROPERTIES OF THE COMPANY, BOTH PRESENT AND FUTURE, IN RESPECT OF BORROWINGS UPTO RS. 6,000 CRORES
    Special
    100.00% for0.00% against

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

    Turnout: all 48.26% · promoters 90.98% · institutions 17.77% · other public 28.72%

  3. APPROVAL TO ADVANCE ANY LOAN / GIVE GUARANTEE / PROVIDE SECURITY UNDER SECTION 185 OF THE COMPANIES ACT, 2013
    SpecialPromoters have an interest in it
    98.99% for1.01% against

    Against: promoters 0.00% · institutions 26.21% · other public 0.00%

    Turnout: all 19.06% · promoters 0.00% · institutions 17.77% · other public 28.72%

  4. APPROVAL FOR SALE, DISPOSAL AND LEASING OF ASSETS EXCEEDING 20% OF THE ASSETS OF MATERIAL SUBSIDIARIES OF THE COMPANY
    SpecialPromoters have an interest in it
    99.94% for0.06% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 19.06% · promoters 0.00% · institutions 17.77% · other public 28.72%

  5. APPROVAL FOR PLEDGE OF SHARES BY THE COMPANY IN ITS MATERIAL SUBSIDIARIES
    SpecialPromoters have an interest in it
    99.94% for0.06% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 19.06% · promoters 0.00% · institutions 17.77% · other public 28.72%

  6. RE-APPOINTMENT OF MR. KARTIK RUPAREL (DIN: 08865104) AS AN INDEPENDENT DIRECTOR OF THE COMPANY
    Special
    99.60% for0.40% against

    Against: promoters 0.00% · institutions 26.21% · other public 0.00%

    Turnout: all 48.26% · promoters 90.98% · institutions 17.77% · other public 28.72%

  7. APPROVAL OF MATERIAL TRANSACTIONS WITH RELATED PARTIES UNDER THE COMPANIES ACT, 2013 AND THE SECURITIES AND EXCHANGE BOARD OF INDIA (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015
    OrdinaryPromoters have an interest in it
    98.94% for1.06% against

    Against: promoters 0.00% · institutions 26.21% · other public 0.06%

    Turnout: all 19.06% · promoters 0.00% · institutions 17.77% · other public 28.72%

  8. APPROVAL FOR MATERIAL RELATED PARTY TRANSACTION(S) TO WHICH THE SUBSIDIARY(IES) OF THE COMPANY IS A PARTY BUT THE COMPANY IS NOT PARTY, AS REQUIRED UNDER REGULATIONS 23(2) AND 23(4) OF THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015MoreLess
    OrdinaryPromoters have an interest in it
    98.94% for1.06% against

    Against: promoters 0.00% · institutions 26.21% · other public 0.06%

    Turnout: all 19.06% · promoters 0.00% · institutions 17.77% · other public 28.72%

  9. APPROVAL FOR CANCELLATION OF UNSUBSCRIBED 1,59,574 ISSUED EQUITY SHARE CAPITAL OF THE COMPANY
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 48.26% · promoters 90.98% · institutions 17.77% · other public 28.72%

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

Annual general meeting, 30 Sep 2024, 8 resolutions

Present: 14 promoters and 60 others.

  1. (A) TO RECEIVE, CONSIDER AND ADOPT AUDITED STANDALONE FINANCIAL STATEMENTS OF THE COMPANY FOR THE FINANCIAL YEAR ENDED MARCH 31, 2024 AND THE REPORTS OF THE BOARD OF DIRECTORS AND THE AUDITORS THEREON; ANDnn(B) TO RECEIVE, CONSIDER AND ADOPT AUDITED CONSOLIDATED FINANCIAL STATEMENTS OF THE COMPANY FOR THE FINANCIAL YEAR ENDED MARCH 31, 2024 AND THE REPORTS OF THE AUDITORS THEREON.MoreLess
    Ordinary
    99.02% for0.98% against

    Against: promoters 0.00% · institutions 100.00% · other public 5.05%

    Turnout: all 57.34% · promoters 100.00% · institutions 0.57% · other public 21.52%

  2. TO APPOINT A DIRECTOR IN PLACE OF MR. VYOMESH M. SHAH, WHO RETIRES BY ROTATION AND BEING ELIGIBLE OFFERS HIMSELF FOR RE-APPOINTMENT.
    Ordinary
    99.02% for0.98% against

    Against: promoters 0.00% · institutions 100.00% · other public 5.05%

    Turnout: all 57.34% · promoters 100.00% · institutions 0.57% · other public 21.52%

  3. RATIFICATION OF REMUNERATION PAYABLE TO THE COST AUDITORS OF THE COMPANY FOR THE FINANCIAL YEAR 2024-25.
    Ordinary
    99.06% for0.94% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.05%

    Turnout: all 57.34% · promoters 100.00% · institutions 0.57% · other public 21.52%

  4. RE-APPOINTMENT OF MR. HEMANT SHAH AS A WHOLE-TIME DIRECTOR DESIGNATED AS AN EXECUTIVE CHAIRMAN OF THE COMPANY AND APPROVAL FOR REMUNERATION PAYABLE TO HIM.
    Special
    94.76% for5.24% against

    Against: promoters 0.00% · institutions 100.00% · other public 5.05%

    Turnout: all 10.71% · promoters 0.00% · institutions 0.57% · other public 21.52%

  5. RE-APPOINTMENT OF MR. VYOMESH SHAH AS A MANAGING DIRECTOR OF THE COMPANY AND APPROVAL FOR REMUNERATION PAYABLE TO HIM.
    Special
    94.76% for5.24% against

    Against: promoters 0.00% · institutions 100.00% · other public 5.05%

    Turnout: all 10.71% · promoters 0.00% · institutions 0.57% · other public 21.52%

  6. APPROVAL FOR THE PAYMENT OF COMMISSION TO NON-EXECUTIVE DIRECTORS.
    Ordinary
    99.06% for0.94% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.05%

    Turnout: all 57.34% · promoters 100.00% · institutions 0.57% · other public 21.52%

  7. APPROVAL OF MATERIAL TRANSACTIONS WITH RELATED PARTIES UNDER THE COMPANIES ACT, 2013 AND THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015.
    OrdinaryPromoters have an interest in it
    94.76% for5.24% against

    Against: promoters 0.00% · institutions 100.00% · other public 5.05%

    Turnout: all 10.71% · promoters 0.00% · institutions 0.57% · other public 21.52%

  8. APPROVAL FOR MATERIAL RELATED PARTY TRANSACTION(S) TO WHICH THE SUBSIDIARY(IES) OF THE COMPANY IS A PARTY BUT THE COMPANY IS NOT PARTY, AS REQUIRED UNDER REGULATIONS 23(2) OF THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015.MoreLess
    OrdinaryPromoters have an interest in it
    94.76% for5.24% against

    Against: promoters 0.00% · institutions 100.00% · other public 5.05%

    Turnout: all 10.71% · promoters 0.00% · institutions 0.57% · other public 21.52%

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.

Tax disputes

Reported in the filing for the quarter to Sep 2026.

  • Tax disputeCommissioner of Income Tax (Appeals)Since 31 Mar 2026
    Pending for Hearing
    At the filing before: Pending
  • Tax disputeCommissioner of Income Tax (Appeals)Since 27 Dec 2019
    Pending for Hearing
    At the filing before: Pending
  • Tax disputeCommissioner of Income Tax (Appeals)Since 26 Aug 2024
    Pending for Hearing
    At the filing before: Pending
  • Tax disputeIncome Tax Appellate Tribunal(Preferred by Dept)Since 29 May 2026
    Pending for Hearing
    At the filing before: Pending
  • Tax disputeIncome Tax Appellate Tribunal(Preferred by Dept)Since 21 Nov 2023
    Pending for Hearing
    At the filing before: Pending*
  • Tax disputeCustoms, Central Excise and Service Tax Appellate TribunalSince 13 Mar 2020
    Pending for Hearing
    At the filing before: Pending
  • Tax disputeCustoms, Central Excise and Service Tax Appellate TribunalSince 13 Mar 2020
    Pending for Hearing
    At the filing before: Pending
  • Tax disputeCustoms, Central Excise and Service Tax Appellate TribunalSince 13 Mar 2020
    Pending for Hearing
    At the filing before: Pending
12 more
  • Tax disputeCustoms, Central Excise and Service Tax Appellate TribunalSince 13 Mar 2020
    Pending for Hearing
    At the filing before: Pending
  • Tax disputeCommissioner of CGST, Mumbai South CommissionerateSince 13 Mar 2020
    Pending for Hearing
    At the filing before: Pending
  • Tax disputeDeputy Commissioner of State Tax (Appeals), MazgoanSince 25 Aug 2022
    Pending for Hearing
    At the filing before: Pending
  • Tax disputeDeputy Commissioner of State Tax (Appeals), MazgoanSince 25 Aug 2022
    Pending for Hearing
    At the filing before: Pending
  • Tax disputeDeputy Commissioner of State Tax (Appeals), MazgoanSince 25 Aug 2022
    Pending for Hearing
    At the filing before: Pending
  • Tax disputeDeputy Commissioner of State Tax (Appeals), MazgoanSince 25 Aug 2022
    Pending for Hearing
    At the filing before: Pending
  • Tax disputeDeputy Commissioner of State Tax (Appeals), MazgoanSince 12 Aug 2024
    Pending for Hearing
    At the filing before: Pending
  • Tax disputeCommissioner (Appeals) of CGST, Central Excise & Service Tax, RaigarhSince 4 Nov 2024
    Pending for Hearing
    At the filing before: Pending
  • Tax disputeMaharashtra Sales Tax TribunalSince 11 Nov 2024
    Pending for Hearing
    At the filing before: Pending*
  • Tax disputeMaharashtra Sales Tax TribunalSince 13 Nov 2024
    Pending for Hearing
    At the filing before: Pending*
  • Tax disputeMaharashtra Sales Tax TribunalSince 13 Nov 2024
    Pending for Hearing
    At the filing before: Pending*
  • Tax disputeMaharashtra Sales Tax TribunalSince 13 Nov 2024
    Pending for Hearing
    At the filing before: Pending*

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
00Dec 2400Mar 2500Jun 2500Sep 2500Dec 2500Mar 2600Jun 2600Sep 26

Open at the quarter's end

0Dec 240Mar 250Jun 250Sep 250Dec 250Mar 260Jun 260Sep 26
None open at any quarter's end.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
Yes
The chair is related to the managing director
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.

How money raised was used

Reported for the quarter to Jun 2026. A preferential issue sells new shares to chosen investors rather than to the public. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far.

RaisedAmount raisedForSet asideSpentSpent elsewhereSpent elsewhere, amount
Preferential IssuesSep 2024, checked by Brickwork Ratings India Private Limited1,209.00Repayment of loans806.00805.75No
Preferential IssuesSep 2024, checked by Brickwork Ratings India Private Limited1,209.00Working capital requirements100.00108.25No8.18
Preferential IssuesSep 2024, checked by Brickwork Ratings India Private Limited1,209.00General corporate purpose20.0018.31No
Preferential IssuesSep 2024, checked by Brickwork Ratings India Private Limited1,209.00Issue related expenses3.000.00No
Preferential IssuesSep 2024, checked by Brickwork Ratings India Private Limited5.00Working capital requirements5.005.00No
Preferential IssuesSep 2025, checked by Brickwork Ratings India Private Limited275.00Repayment of loans30.0027.52No
Preferential IssuesSep 2025, checked by Brickwork Ratings India Private Limited275.00Working capital requirements212.50214.99No
Preferential IssuesSep 2025, checked by Brickwork Ratings India Private Limited275.00General corporate purpose32.5032.64No
₹ crore. Checked by is the agency appointed to monitor how the money is used. The reason and the comments are the company's, its audit committee's and its auditors' own words.