Ircon International CEO, chairman, board of directors and AGM

• To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the Financial year ended on 31st March, 2026 along with the Boards’ Report, Auditors’ Report and the comments of the Comptroller and Auditor General of India (C&AG) thereon.MoreLess

  ›Against Angel One Mutual Fund, Bandhan Mutual Fund, DSP Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Jio BlackRock Mutual Fund, Mirae Asset Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Zerodha Mutual Fund

  • Angel One Mutual FundGovernance concern: Non-Compliant Audit Committee at the time of approval of financial statements. Absence of a compliant Audit Committee casts serious doubts over the integrity/ accuracy of the financial statements.
  • Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Zerodha Mutual FundUnqualified Financial Statements (except certain non-material remarks identified in CARO report). Governance concern: NonCompliant Audit Committee at the time of approval of financial statements. Absence of a compliant Audit Committee casts serious doubts over the integrity/ accuracy of the financial statements.
  • DSP Mutual Fund, Jio BlackRock Mutual FundWe note the auditor's emphasis of matter on Jointly Controlled Entity IRSDC, whose accounts are prepared on a liquidation basis; the company's share in its net worth is Rs. 646.5 mn (26% of Rs. 2,486.7 mn), with no impairment foreseen. Voluntary liquidation under the IBC was approved and formally commenced on 5th May 2026, as a subsequent event disclosed in the financial statements. A similar emphasis of matter applies to JCE ISTPL (50% held), whose road concession expires on 14th May 2026; net worth stands at Rs. 3,029.2 mn, with the Company's share at Rs. 1,514.6 mn, and no impairment foreseen. While the audit opinion is unqualified, we remain concerned that the company has not constituted an Audit Committee or NRC in line with regulations, due to an insufficient number of independent directors — flagged in the secretarial audit, which also notes all six Audit Committee meetings during the year lacked the requisite quorum. Given this lack of oversight, we are unable to support the resolution. Auditors have also flagged that internal financial controls need strengthening: the ERP system is underutilized, with some JCEs still using Tally with manual interventions, and the Project Systems, Materials Management (MM), and Document Management System (DMS) modules only partially rolled out.
  • Mirae Asset Mutual FundIn line with the internal voting guidelines (Passive holding)

  7 for10 against
• To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the Financial year ended on 31st March, 2026 along with the Auditors’ Report and the comments of C&AG thereon.MoreLess

  ›Against Angel One Mutual Fund, Bandhan Mutual Fund, DSP Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Jio BlackRock Mutual Fund, Mirae Asset Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Zerodha Mutual Fund

  • Angel One Mutual FundNon-disclosure of financial statements of Subsidiaries for FY 2025-26 on website. Governance concern: Non-Compliant Audit Committee at the time of approval of financial statements. Absence of a compliant Audit Committee casts serious doubts over the integrity/ accuracy of the financial statements.
  • Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Zerodha Mutual FundUnqualified Financial Statements (except certain non-material remarks identified in CARO report). Non-Compliant with Companies Act, 2013 and SEBI LODR Regulations: Non-disclosure of financial statements of Subsidiaries for FY 2025-26 on website. Governance concern: Non-Compliant Audit Committee at the time of approval of financial statements. Absence of a compliant Audit Committee casts serious doubts over the integrity/ accuracy of the financial statements.
  • DSP Mutual Fund, Jio BlackRock Mutual FundWe note the auditor's emphasis of matter on Jointly Controlled Entity IRSDC, whose accounts are prepared on a liquidation basis; the company's share in its net worth is Rs. 646.5 mn (26% of Rs. 2,486.7 mn), with no impairment foreseen. Voluntary liquidation under the IBC was approved and formally commenced on 5th May 2026, as a subsequent event disclosed in the financial statements. A similar emphasis of matter applies to JCE ISTPL (50% held), whose road concession expires on 14th May 2026; net worth stands at Rs. 3,029.2 mn, with the company's share at Rs. 1,514.6 mn, and no impairment foreseen. While the audit opinion is unqualified, we remain concerned that the company has not constituted an Audit Committee or NRC in line with regulations, due to an insufficient number of independent directors — flagged in the secretarial audit, which also notes all six Audit Committee meetings during the year lacked the requisite quorum. Given this lack of oversight, we are unable to support the resolution. Auditors have also flagged that internal financial controls need strengthening: the ERP system is underutilized, with some JCEs still using Tally with manual interventions, and the Project Systems, Materials Management (MM), and Document Management System (DMS) modules only partially rolled out.
  • Mirae Asset Mutual FundIn line with the internal voting guidelines (Passive holding)

  7 for10 against
• To confirm the payment of the Interim Dividend of ₹1.20 per equity share of the face value of ₹2/- each [i.e. 60% of paid-up equity share capital of ₹188,10,31,480/- amounting to ₹112.86 Crore) and to declare a final dividend @ ₹0.70 per share on the face value of ₹2/- each [i.e. 35% of paid-up equity share capital of ₹188,10,31,480/- amounting to ₹65.84 Crore], for the financial year 2025-26.MoreLess

  ›Against Angel One Mutual Fund, Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Zerodha Mutual Fund

  • Angel One Mutual FundGovernance Concern is raised in adoption of financial statements of the Company under resolution #1, final dividend being appropriation post approval of accounts, cannot be paid if accounts are not voted FOR.
  • Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Zerodha Mutual FundCompliant with law. Sufficient funds available for payment of final dividend. Governance Concern is raised in adoption of financial statements of the Company under resolution #1, final dividend being appropriation post approval of accounts, cannot be paid if accounts are not voted FOR.

  10 for7 against
• To appoint a Director in place of Smt. Ragini Advani, Director (Finance) (DIN: 09575213) who retires by rotation and being eligible, offers herself for re-appointment.

  ›Against Angel One Mutual Fund, Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Zerodha Mutual Fund

  • Angel One Mutual FundGovernance concern: Board is non-compliant with the requirement of requisite number of Independent Directors.
  • Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Zerodha Mutual FundCompliant with law. No concern on the merits of proposed appointee. Governance concern: Board is non-compliant with the requirement of requisite number of Independent Directors.

  10 for7 against
• To authorize the Board of Directors of the Company to fix the remuneration of Statutory Auditors for the financial year 2026-27, appointed/ to be appointed by C&AG.

  17 for0 against
• To appoint Shri Rajesh Naik [DIN: 11543707] as Director (Projects), liable to retire by rotation.

  ›Against Angel One Mutual Fund, Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Zerodha Mutual Fund

  • Angel One Mutual FundGovernance concern: Board is non-compliant with the requirement of requisite number of Independent Directors.
  • Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Zerodha Mutual FundCompliant with law. No concern on the merits of proposed appointee. Governance concern: Board is non-compliant with the requirement of requisite number of Independent Directors.

  10 for7 against
• To appoint Shri Saleem Ahmad [DIN: 10119432] as Chairman & Managing Director, liable to retire by rotation.

  ›Against Angel One Mutual Fund, Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Zerodha Mutual Fund

  • Angel One Mutual FundGovernance concern: Board is non-compliant with the requirement of requisite number of Independent Directors.
  • Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Zerodha Mutual FundCompliant with law. No concern on the merits of proposed appointee. Governance concern: Board is non-compliant with the requirement of requisite number of Independent Directors.

  10 for7 against
• To ratify remuneration of the Cost Auditors of the Company for the financial year 2026-27.

  17 for0 against
• To appoint Smt. Suman Bala (DIN: 11894015) as Independent (Part-time Non-Official) Director, not liable to retire by rotation.

  ›Against Angel One Mutual Fund, Bandhan Mutual Fund, DSP Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Jio BlackRock Mutual Fund, Mirae Asset Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, UTI Mutual Fund, Zerodha Mutual Fund

  • Angel One Mutual FundGovernance concern: Term of appointment is ambiguous and against spirit of the law.
  • Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Zerodha Mutual FundCompliant with law. No concern on the merits of the proposed appointee. Governance concern: Term of appointment is ambiguous and against spirit of the law.
  • DSP Mutual Fund, Jio BlackRock Mutual FundMs. Suman Bala, 50, has previously served as Mayor of the Municipal Corporation, Faridabad, Government of Haryana. She is a commerce graduate from the University of Delhi and has experience in urban local governance, public administration, public representation, and institutional management. Her appointment is in line with the statutory requirements. Although her appointment is in line with statutory requirements, public sources suggest that she has political affiliations, which we believe may unnecessarily politicize the decisions of the company and distract the management from its core focus. We expect the company to disclose any political affiliations of its directors in the meeting notice. We do not support the resolution.
  • Mirae Asset Mutual FundIn line with the internal voting guidelines (Passive holding)
  • UTI Mutual FundPublic sources suggest political association.

  6 for11 against

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

• To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the Financial year ended on 31st March, 2025 along with the Boards’ Report, Auditors’ Report and the comments of the Comptroller and Auditor General of India (C&AG) thereon.MoreLess

  ›Against Angel One Mutual Fund, Axis Mutual Fund, Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Jio BlackRock Mutual Fund, Mirae Asset Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Nippon India Mutual Fund, Zerodha Mutual Fund

  • Angel One Mutual FundGovernance concern: Non-Compliant Audit Committee. Accounts not vetted by duly compliant Audit Committee.
  • Axis Mutual Fund, Jio BlackRock Mutual FundWe have relied upon the auditor’s report which has raised an emphasis of matter with respect to the financial statements of one of the Jointly controlled entities, Indian Railway Stations Development Corporation Limited (IRSDC) been prepared on liquidation basis and that the Company does not foresee any impairment in the value of investments held by it in IRSDC. The value of investment as at 31 March 2025 as the Group's share in the reported net worth of IRSDC is Rs. 617.6 mn i.e. 26% of Rs. 2.4 bn. While, based on the auditor’s report, which is unqualified, the financial statements are in accordance with generally accepted accounting policies and Indian Accounting Standards (IND-AS), we raise concerns that the company has not constituted an audit committee in line with regulations and does not have sufficient independent directors on the board – the same has also been highlighted in the secretarial audit. Given the absence of the critical oversight provided by the audit committee, we are unable to support the resolution. Also auditors on the company’s internal control have opined that it needs further strengthening in respect of the following its integrated ERP system which was not used at its full potential. Further, Project Systems (PS), Materials Management (MM) and Document Management System (DMS) modules have been developed and rolled out at 07 project locations including corporate office. Rollout at other locations is under implementation.
  • Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Zerodha Mutual FundUnqualified financial statements (except certain non-material remarks identified in CARO report). Governance concern: NonCompliant Audit Committee. Accounts not vetted by duly compliant Audit Committee.
  • Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
  • Nippon India Mutual FundGovernance concern: NonCompliant Audit Committee. Accounts not vetted by duly compliant Audit Committee.

  6 for11 against
• To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the Financial year ended on 31st March, 2025 along with the Auditors’ Report and the comments of C&AG thereon.MoreLess

  ›Against Angel One Mutual Fund, Axis Mutual Fund, Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Jio BlackRock Mutual Fund, Mirae Asset Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Nippon India Mutual Fund, Zerodha Mutual Fund

  • Angel One Mutual FundGovernance concern: Non-Compliant Audit Committee. Accounts not vetted by duly compliant Audit Committee.
  • Axis Mutual Fund, Jio BlackRock Mutual FundWe have relied upon the auditor’s report which has raised an emphasis of matter with respect to the financial statements of one of the Jointly controlled entities, Indian Railway Stations Development Corporation Limited (IRSDC) been prepared on liquidation basis and that the Company does not foresee any impairment in the value of investments held by it in IRSDC. The value of investment as at 31 March 2025 as the Group's share in the reported net worth of IRSDC is Rs. 617.6 mn i.e. 26% of Rs. 2.4 bn. While, based on the auditor’s report, which is unqualified, the financial statements are in accordance with generally accepted accounting policies and Indian Accounting Standards (IND-AS), we raise concerns that the company has not constituted an audit committee in line with regulations and does not have sufficient independent directors on the board – the same has also been highlighted in the secretarial audit. Given the absence of the critical oversight provided by the audit committee, we are unable to support the resolution. Also auditors on the company’s internal control have opined that it needs further strengthening in respect of the following its integrated ERP system which was not used at its full potential. Further, Project Systems (PS), Materials Management (MM) and Document Management System (DMS) modules have been developed and rolled out at 07 project locations including corporate office. Rollout at other locations is under implementation.
  • Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Zerodha Mutual FundUnqualified financial statements (except certain non-material remarks identified in CARO report). Governance concern: NonCompliant Audit Committee. Accounts not vetted by duly compliant Audit Committee.
  • Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
  • Nippon India Mutual FundGovernance concern: NonCompliant Audit Committee. Accounts not vetted by duly compliant Audit Committee.

  6 for11 against
• To confirm the payment of the Interim Dividend of Rs.1.65 per equity share of the face value of Rs.2/- each [i.e. 82.50% of paid-up equity share capital of Rs.188,10,31,480/- amounting to Rs.155.18 Crore) and to declare a final dividend @ Rs.1.00 per share on the face value of Rs.2/- each [i.e. 50% of paid-up capital of Rs.188,10,31,480/- amounting to Rs.94.05 Crore], for the financial year 2024-25.MoreLess

  ›Against Angel One Mutual Fund, Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Zerodha Mutual Fund

  • Angel One Mutual FundGovernance Concern is raised in adoption of financial statements of the Company under resolution #1, dividend being appropriation post approval of accounts, cannot be paid if accounts are not voted FOR.
  • Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Zerodha Mutual FundSufficient funds available for payment of dividend. Governance Concern is raised in adoption of financial statements of the Company under resolution #1, dividend being appropriation post approval of accounts, cannot be paid if accounts are not voted FOR.

  10 for7 against
• To appoint a Director in place of Shri Anand Kumar Singh, Director (Projects) (DIN: 07918656) who retires by rotation and being eligible, offers himself for re-appointment.

  ›Against Angel One Mutual Fund, Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Zerodha Mutual Fund

  • Angel One Mutual FundGovernance Concern: Board is non-compliant with the requirement of requisite number of Independent Directors & woman independent Director.
  • Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Zerodha Mutual FundCompliant with law. No concern on the merits of the proposed appointee. Governance Concern: Board is non-compliant with the requirement of requisite number of Independent Directors & woman independent Director.

  10 for7 against
• To authorize the Board of Directors to fix the remuneration of Statutory Auditors for the financial year 2025-26 appointed/ to be appointed by C&AG.

  17 for0 against
• To appoint Shri Anupum Singh [DIN: 10637375] as Government Nominee [Part-Time (Official)] Director, liable to retire by rotation

  ›Against Angel One Mutual Fund, Axis Mutual Fund, Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Jio BlackRock Mutual Fund, Mirae Asset Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Nippon India Mutual Fund, Zerodha Mutual Fund

  • Angel One Mutual FundGovernance Concern: Board is non-compliant with the requirement of requisite number of Independent Directors & woman independent Director. Delayed shareholder’s approval.
  • Axis Mutual Fund, Jio BlackRock Mutual FundAnupum Singh, 50, Executive Director (Bridge & Structure - II), Railway Board, Ministry of Railways, Government of India is a Nominee Director. During FY25, he attended four of four board meetings. While his appointment is in line with the statutory requirements, we are unable to support the resolution because the board composition is not compliant with regulations on independent director’s representation. We expect the Government to first address the board composition, before appointing its nominees to the board. We do not support the resolution.
  • Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Zerodha Mutual FundCompliant with law. No concern on the merits of the proposed appointees. Governance Concern: Board is non-compliant with the requirement of requisite number of Independent Directors & woman independent Director. Delayed shareholder’s approval.
  • Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
  • Nippon India Mutual FundGovernance Concern: Board is non-compliant with the requirement of requisite number of Independent Directors

  6 for11 against
• To appoint Shri Anand Bhatia [DIN: 10937265] as Government Nominee [Part-Time (Official)] Director, liable to retire by rotation

  ›Against Angel One Mutual Fund, Axis Mutual Fund, Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Jio BlackRock Mutual Fund, Mirae Asset Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Nippon India Mutual Fund, Zerodha Mutual Fund

  • Angel One Mutual FundGovernance Concern: Board is non-compliant with the requirement of requisite number of Independent Directors & woman independent Director. Delayed shareholder’s approval.
  • Axis Mutual Fund, Jio BlackRock Mutual FundAnand Bhatia, 58, Indian Railway Services of Engineers (IRSE) is Additional Member (Civil Engg.) - Railway Board and a Government Nominee Director. During FY25, he attended two of two board meetings. Although his appointment is in line with the statutory requirements, we are unable to support the resolution because the board composition is not compliant with regulations on independent director’s representation. We expect the Government to first address the board composition, before appointing its nominees to the board. We do not support the resolution.
  • Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Zerodha Mutual FundCompliant with law. No concern on the merits of the proposed appointees. Governance Concern: Board is non-compliant with the requirement of requisite number of Independent Directors & woman independent Director. Delayed shareholder’s approval.
  • Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
  • Nippon India Mutual FundGovernance Concern: Board is non-compliant with the requirement of requisite number of Independent Directors

  6 for11 against
• To appoint Shri Thangavel Varadharajan (DIN: 08556664) as Independent (Part-time Non-Official) Director, not liable to retire by rotation

  ›Against Angel One Mutual Fund, Axis Mutual Fund, Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Jio BlackRock Mutual Fund, Mirae Asset Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Nippon India Mutual Fund, Zerodha Mutual Fund

  • Angel One Mutual FundGovernance concern: Delayed Shareholders’ approval, Term of appointment is ambiguous.
  • Axis Mutual Fund, Jio BlackRock Mutual FundThangavel Varadharajan, 46, is a Director at the Federation of Entrepreneurs and Enterprise. In the past, he was Regional Manager at Computer Software College from 2001 to 2011and between 2011 and 2015, served as an Advisor to Yogitha Rural Development Society and as a Consultant to Viveka Arakattalai, supporting rural development and social initiatives. Although his appointment is in line with statutory requirements, public sources suggest that he has political affiliations, which we believe may unnecessarily politicize the decisions of the company and distract the management from its core focus. We expect the company to disclose any political affiliations of its directors in the meeting notice. We do not support the resolution.
  • Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Zerodha Mutual FundCompliant with law. No concern on the merits of Director. Governance concern: Delayed Shareholders’ approval, Term of appointment is ambiguous and against spirit of the law.
  • Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
  • Nippon India Mutual FundGovernance concern: Delayed Shareholders’ approval. Term of appointment is ambiguous and against spirit of the law.

  6 for11 against
• To appoint Shri Ajit Kumar Mishra [DIN: 11108237] as Director (Works), liable to retire by rotation

  ›Against Angel One Mutual Fund, Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Zerodha Mutual Fund

  • Angel One Mutual FundGovernance Concern: Board is non-compliant with the requirement of requisite number of Independent Directors & woman independent Director. Delayed shareholder’s approval.
  • Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Zerodha Mutual FundCompliant with law. No concern on the merits of the proposed appointee. Governance Concern: Board is non-compliant with the requirement of requisite number of Independent Directors & woman independent Director. Delayed shareholder’s approval.

  10 for7 against
• To ratify remuneration of the Cost Auditors of the Company for the financial year 2025-26

  15 for0 against
• To approve appointment of M/s VAP & Associates, Practicing Company Secretaries as Secretarial Auditors of the Company for a period of 5 years commencing from FY 2025-26 till FY 2029-30

  17 for0 against
• To approve amendment in borrowing limits of the Company and to provide security in connection with the borrowings, under Section 180 of the Companies Act, 2013

  ›Against Angel One Mutual Fund, Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Zerodha Mutual Fund

  • Angel One Mutual FundGovernance Concern: ~70% of the borrowing limit is unutilized and no compelling justification. Inadequate explanation as to how will the Company sustain the increased borrowing limits which is higher than the asset size and net worth of the Company.
  • Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund, Navi Mutual Fund, Zerodha Mutual FundCompliant with law. Governance Concern: ~70% of the borrowing limit is unutilized and no compelling justification. Inadequate explanation as to how will the Company sustain the increased borrowing limits which is higher than the asset size and net worth of the Company.

  8 for7 against