Mayur Uniquoters logo

Mayur Uniquoters CEO, chairman, board of directors and AGM

NSE: MAYURUNIQBSE: 522249Consumer DurablesSmall Cap

Mayur Uniquoters Ltd · Face value ₹5 · Listed Aug 1994 on BSE, Sep 2012 on NSE
Last close ₹730.15up ₹14.70 (2.05%)BSE ₹728.05

Share price at the NSE close on 2 Nov 2026. Previous close ₹715.45.

2 Nov: open ₹719.75, high ₹733.00, low ₹715.85

52-week range of traded prices to 2 Nov 2026
₹471.20Low, 12 Jan 2026₹907.00High, 3 Jul 2026
Market cap
₹3,173 Cr1,044th largest listed
P/E
15.32
P/B
2.80
Dividend yield
0.82%
ROE
19.8%
ROCE
19.4%
Debt to equity
0.01
Volume, NSE
26,68551.0% delivered

Mayur Uniquoters' chairperson and managing director and CEO is Suresh Kumar Poddar, as filed for the quarter to Sep 2026. Its latest annual general meeting was on 18 Sep 2026.

Mayur Uniquoters 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

  • Chairperson and managing director and CEOSuresh Kumar PoddarRelated to the promoter
  • Company Secretary and Compliance OfficerKapil Arora

6 directors4 independent2 executive

  • Suresh Kumar Poddar · Chairperson and managing director and CEOExecutive · joined Sep 1992 · reappointed Apr 2026 · 1 listed board · 1 committee seat
  • Arun BagariaExecutive · joined Jun 2007 · reappointed Aug 2022 · 1 listed board · 1 committee seat
  • Shyam AgrawalIndependent · joined Mar 2018 · reappointed Mar 2023 · 103 months as independent · 3 listed boards · 3 as independent · 4 committee seats, 1 as chair
  • Arvind Kumar SharmaIndependent · joined Feb 2019 · reappointed Feb 2024 · 92 months as independent · 1 listed board · 1 as independent · 2 committee seats, 2 as chair
  • Nivedita Ravindra SardaIndependent · joined Nov 2023 · reappointed Nov 2023 · 35 months as independent · 2 listed boards · 2 as independent · 4 committee seats, 1 as chair
  • Vinod Kumar HaritwalIndependent · joined Aug 2026 · reappointed Aug 2026 · 1 month 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.

1 director who left
  • Ratan Kumar Roongta, left 27 Sep 2026: Tenure Completion

Committees and meetings

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

  • Board

    • 5 Aug 20266 of 6 present4 independent · 77 days in between
    • 19 May 20266 of 6 present4 independent

  • Audit Committee

    Chair Arvind Kumar Sharma

    Nivedita Ravindra Sarda, Shyam Agrawal, Arun Bagaria

    • 5 Aug 20265 of 5 present4 independent · 77 days in between
    • 19 May 20265 of 5 present4 independent

  • Nomination and remuneration committee

    Chair Arvind Kumar Sharma

    Shyam Agrawal, Nivedita Ravindra Sarda, Vinod Kumar Haritwal

    • 5 Aug 20264 of 4 present4 independent

  • Stakeholders Relationship Committee

    Chair Arvind Kumar Sharma

    Shyam Agrawal, Suresh Kumar Poddar, Nivedita Ravindra Sarda

    • 19 May 20264 of 5 present3 independent

  • Risk Management Committee

    Chair Arun Bagaria

    Nivedita Ravindra Sarda, Arvind Kumar Sharma, Shyam Agrawal

    • 19 May 20264 of 5 present3 independent

  • Corporate Social Responsibility Committee

    Chair Shyam Agrawal

    Arvind Kumar Sharma, Suresh Kumar Poddar, Nivedita Ravindra Sarda, Vinod Kumar Haritwal

    • 19 May 20265 of 5 present4 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.

  • Walker Chandiok & Co LLPPeer-review certificate valid to May 2028

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.

Mayur Uniquoters 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.Mayur Uniquoters dividend history

Annual general meeting, 18 Sep 2026

39,973 shareholders on the register on 11 Sep 2026; present: 5 promoters and 119 others; votes counted by CS Manoj Maheshwari / V. M. & Associates.The company's voting result

  1. To consider and adopt: (a) The Audited Standalone Financial Statements of the Company for the financial year ended on March 31, 2026 together with the reports of the Board of Directors and Auditors thereon; (b) The Audited Consolidated Financial Statements of the Company for the financial year ended on March 31, 2026 and Auditor’s report thereonMoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 64.54% · promoters 100.00% · institutions 59.98% · other public 2.87%

  2. To declare a final dividend of Rs. 6.00/- (Rupees Six Only) per Equity Share of face value of Rs. 5.00/- each for the financial year ended on March 31, 2026
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 64.57% · promoters 100.00% · institutions 60.36% · other public 2.87%

  3. To appoint a director in place of Mr. Arun Bagaria (DIN: 00373862), who retires by rotation and being eligible, has offered himself for re-appointment
    OrdinaryPromoters have an interest in it
    70.40% for29.60% against

    Against: promoters 29.51% · institutions 36.44% · other public 0.06%

    Turnout: all 64.57% · promoters 100.00% · institutions 60.36% · other public 2.87%

  4. To ratify the remuneration of the Cost Auditor for the financial year 2026-27
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 64.57% · promoters 100.00% · institutions 60.36% · other public 2.87%

  5. To approve the appointment of Mr. Vinod Kumar Haritwal (DIN: 00588079) as an Independent Director of the Company.
    Special
    99.38% for0.62% against

    Against: promoters 0.00% · institutions 8.29% · other public 0.06%

    Turnout: all 64.57% · promoters 100.00% · institutions 60.36% · other public 2.87%

  6. To re-appoint Mr. Arun Bagaria (DIN: 00373862) as Whole Time Director designated as Executive Director of the Company
    SpecialNot passedRecorded as not passed although most votes were for it; no reason is givenPromoters have an interest in it
    70.44% for29.56% against

    Against: promoters 29.51% · institutions 35.92% · other public 0.06%

    Turnout: all 64.57% · promoters 100.00% · institutions 60.36% · other public 2.87%

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, 6 Sep 2026, 1 resolution

38,509 shareholders on the register on 31 Jul 2026; votes counted by Manoj Maheshwari / V. M. & Associates.The company's voting result

  1. APPROVAL OF RELATED PARTY TRANSACTION FOR PAYMENT OF REMUNERATION TO MRS. PUJA PODDAR, PRESIDENT-HR AND ADMINISTRATION, SENIOR MANAGEMENT PERSONNEL, FOR HOLDING AN OFFICE OR PLACE OF PROFIT IN THE COMPANYMoreLess
    OrdinaryNot passedPromoters have an interest in it
    37.07% for62.93% against

    Against: promoters 0.00% · institutions 77.31% · other public 1.68%

    Turnout: all 6.03% · promoters 0.00% · institutions 60.43% · other public 3.46%

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, 17 Sep 2025, 6 resolutions

39,676 shareholders on the register on 10 Sep 2025; present: 5 promoters and 92 others; votes counted by CS Manoj Maheshwari / V. M. & Associates.The company's voting result

  1. To consider and adopt: (a) The Audited Standalone Financial Statements of the Company for the financial year ended on March 31, 2025 together with the reports of the Board of Directors and Auditors thereon; (b) The Audited Consolidated Financial Statements of the Company for the financial year ended on March 31, 2025 and Auditor’s report thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.10%

    Turnout: all 62.37% · promoters 100.00% · institutions 54.38% · other public 0.19%

  2. To declare a final dividend of Rs. 5.00/- (Rupees Five Only) per Equity Share of face value of Rs. 5.00/- each for the financial year ended on March 31, 2025.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.10%

    Turnout: all 62.40% · promoters 100.00% · institutions 54.83% · other public 0.19%

  3. To appoint a director in place of Mr. Suresh Kumar Poddar (DIN: 00022395), who retires by rotation and being eligible, has offered himself for re-appointment.
    OrdinaryPromoters have an interest in it
    99.10% for0.90% against

    Against: promoters 0.00% · institutions 14.94% · other public 2.71%

    Turnout: all 62.40% · promoters 100.00% · institutions 54.83% · other public 0.19%

  4. To ratify the remuneration of the Cost Auditor for the financial year 2025-26.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 13.69%

    Turnout: all 62.40% · promoters 100.00% · institutions 54.83% · other public 0.19%

  5. To appoint Secretarial Auditors of the company.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.78%

    Turnout: all 62.40% · promoters 100.00% · institutions 54.83% · other public 0.19%

  6. To Re-appoint Mr. Suresh Kumar Poddar (DIN 00022395) as Chairman and Managing Director & CEO of the Company.
    SpecialPromoters have an interest in it
    97.58% for2.42% against

    Against: promoters 0.00% · institutions 40.23% · other public 2.63%

    Turnout: all 62.40% · promoters 100.00% · institutions 54.83% · other public 0.19%

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

Annual general meeting, 14 Sep 2024, 4 resolutions

Present: 2 promoters and 112 others.

  1. To consider and adopt: (a) The Audited Standalone Financial Statements of the Company for the financial year ended on March 31, 2024 together with the reports of the Board of Directors and Auditors thereon; (b) The Audited Consolidated Financial Statements of the Company for the financial year ended on March 31, 2024 and Auditor’s report thereon.MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 62.36% · promoters 100.00% · institutions 58.56% · other public 0.20%

  2. To declare a final dividend of Rs. 3.00/- (Rupees Three Only) per Equity Share of face value of Rs. 5.00/- each for the financial year ended on March 31, 2024.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.15%

    Turnout: all 62.41% · promoters 100.00% · institutions 59.35% · other public 0.20%

  3. To appoint a director in place of Mr. Arun Kumar Bagaria (DIN: 00373862), who retires by rotation and being eligible, has offered himself for re-appointment.
    OrdinaryPromoters have an interest in it
    97.82% for2.18% against

    Against: promoters 0.00% · institutions 35.58% · other public 0.13%

    Turnout: all 62.41% · promoters 100.00% · institutions 59.36% · other public 0.20%

  4. To ratify the remuneration of the Cost Auditor for the financial year 2024-25.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.47%

    Turnout: all 62.41% · promoters 100.00% · institutions 59.35% · 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.

Postal ballot, 7 Jan 2024, 1 resolution
  1. TO APPROVE THE APPOINTMENT OF MRS. NIVEDITA RAVINDRA SARDA (DIN: 00938666) AS AN INDEPENDENT DIRECTOR OF THE COMPANY
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.94%

    Turnout: all 68.05% · promoters 100.00% · institutions 82.66% · other public 0.14%

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, 14 Sep 2023, 5 resolutions

Present: 3 promoters and 118 others.

  1. To consider and adopt (a)The Audited Standalone Financial Statements of the Company for the financial year ended on March 31, 2023 together with the reports of the Board of Directors and Auditors thereon; and (b)The Audited Consolidated Financial Statements of the Company for the financial year ended on March 31, 2023 and Auditor’s report thereon:MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.16%

    Turnout: all 68.49% · promoters 100.00% · institutions 82.56% · other public 0.10%

  2. To declare a final dividend of Rs. 2.00 per Equity Share for the financial year ended on March 31, 2023.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.16%

    Turnout: all 68.56% · promoters 100.00% · institutions 83.18% · other public 0.10%

  3. To appoint a director in place of Mr. Suresh Kumar Poddar (DIN: 00022395), who retires by rotation and being eligible, has offered himself for re-appointment.
    Ordinary
    99.95% for0.05% against

    Against: promoters 0.00% · institutions 0.33% · other public 0.16%

    Turnout: all 68.56% · promoters 100.00% · institutions 83.18% · other public 0.10%

  4. To ratify the remuneration of the Cost Auditor for the financial year 2023-24
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.16%

    Turnout: all 68.56% · promoters 100.00% · institutions 83.18% · other public 0.10%

  5. To Re-appoint Mr. Arvind Kumar Sharma (DIN: 01417904) as an Independent Director of the Company.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.16%

    Turnout: all 68.56% · promoters 100.00% · institutions 83.18% · other public 0.10%

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 Jul 2022, 9 resolutions

Present: 4 promoters and 68 others.

  1. To adopt: (a) The Audited Standalone Financial Statements of the Company for the financial year ended on March 31, 2022 together with the reports of the Board of Directors and Auditors thereon; and (b) The Audited Consolidated Financial Statements of the Company for the financial year ended on March 31, 2022 and Auditor’s report thereonMoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 58.03% · promoters 88.91% · institutions 77.89% · other public 0.07%

  2. To declare final dividend of Rs. 2.00 per Equity Share for the financial year ended on March 31, 2022.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.17%

    Turnout: all 58.05% · promoters 88.91% · institutions 78.22% · other public 0.07%

  3. To appoint a Director in place of Mr. Arun Kumar Bagaria (DIN 00373862), who retires by rotation and being eligible, offers himself for re-appointment.
    Ordinary
    99.21% for0.79% against

    Against: promoters 0.00% · institutions 8.74% · other public 0.75%

    Turnout: all 56.93% · promoters 87.02% · institutions 78.22% · other public 0.07%

  4. To appoint Statutory Auditors of the Company
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 58.05% · promoters 88.91% · institutions 78.22% · other public 0.07%

  5. To approve the Related Party Transactions with Mayur Uniquoters Corp - Wholly Owned Subsidiary
    OrdinaryPromoters have an interest in it
    99.95% for0.05% against

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

    Turnout: all 5.18% · promoters 0.00% · institutions 78.22% · other public 0.07%

  6. To ratify the remuneration of the Cost Auditor for the financial year 2022-23
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.35%

    Turnout: all 58.05% · promoters 88.91% · institutions 78.22% · other public 0.07%

  7. To re-appoint Mr. Shyam Agrawal (DIN: 03516372) as an Independent Director of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.86%

    Turnout: all 58.05% · promoters 88.91% · institutions 78.22% · other public 0.07%

  8. To re-appoint Mr. Arun Kumar Bagaria (DIN 00373862) as Whole Time Director designated as Executive Director of the Company
    Special
    99.21% for0.79% against

    Against: promoters 0.00% · institutions 8.74% · other public 0.81%

    Turnout: all 56.93% · promoters 87.02% · institutions 78.22% · other public 0.07%

  9. To re-appoint of Mr. Suresh Kumar Poddar (DIN: 00022395) as Chairman and Managing Director & CEO of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.70%

    Turnout: all 58.05% · promoters 88.91% · institutions 78.22% · other public 0.07%

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, 27 Aug 2021, 5 resolutions

Present: 7 promoters and 75 others.

  1. To consider and adopt (a) The Audited Standalone Financial Statements of the Company for the financial year ended on March 31, 2021 together with the reports of the Board of Directors and Auditors thereon; and (b) The Audited Consolidated Financial Statements of the Company for the financial year ended on March 31, 2021 and Auditor’s report thereonMoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.22%

    Turnout: all 66.08% · promoters 100.00% · institutions 74.19% · other public 0.34%

  2. To declare final dividend of Rs. 2.00 per Equity Share for the financial year ended on March 31, 2021
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.22%

    Turnout: all 66.08% · promoters 100.00% · institutions 74.24% · other public 0.34%

  3. To appoint a Director in place of Mr. Suresh Kumar Poddar (DIN: 00022395), who retires by rotation and being eligible, offers himself for re-appointment
    OrdinaryPromoters have an interest in it
    99.95% for0.05% against

    Against: promoters 0.00% · institutions 0.73% · other public 0.46%

    Turnout: all 66.08% · promoters 100.00% · institutions 74.24% · other public 0.34%

  4. To ratify the remuneration of the Cost Auditor for the financial year 2021-22
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.27%

    Turnout: all 66.08% · promoters 100.00% · institutions 74.24% · other public 0.34%

  5. To re-appoint of Mr. Ratan Kumar Roongta (DIN: 03056259) as an independent director of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.44%

    Turnout: all 66.08% · promoters 100.00% · institutions 74.24% · other public 0.34%

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

How mutual funds voted

Fund houses must disclose how they vote at every meeting of a company they hold.

Mutual fund votes, meeting of 18 Sep 2026, 5 fund houses

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

  • To consider and adopt: (a) The Audited Standalone Financial Statements of the Company for the financial year ended on March 31, 2026 together with the reports of the Board of Directors and Auditors thereon; (b) The Audited Consolidated Financial Statements of the Company for the financial year ended on March 31, 2026 and Auditor’s report thereonMoreLess
    5 for0 against
  • To declare a final dividend of Rs. 6.00/- (Rupees Six Only) per Equity Share of face value of Rs. 5.00/- each for the financial year ended on March 31, 2026
    5 for0 against
  • To appoint a director in place of Mr. Arun Bagaria (DIN: 00373862), who retires by rotation and being eligible, has offered himself for re-appointment
    5 for0 against
  • To approve the appointment of Mr. Vinod Kumar Haritwal (DIN: 00588079) as an Independent Director of the Company.
    5 for0 against
  • To re-appoint Mr. Arun Bagaria (DIN: 00373862) as Whole Time Director designated as Executive Director of the Company
    5 for0 against
1 proposal not matched to one resolution
  • Ratification of Remuneration of Rs. 4,00,000/- plus applicable GST and reimbursement of out of pocket expenses at actuals, payable to M/s. Pavan Gupta and Associates, Cost Accountants (Firm Registration No. 101351) who were appointed by the Board of Directors of the Company as Cost Auditors to conduct the audit of the cost records maintained by the Company for financial year ending on March 31, 2027.MoreLess
    5 for0 against

Mutual fund votes, meeting of 6 Sep 2026, 5 fund houses

  • APPROVAL OF RELATED PARTY TRANSACTION FOR PAYMENT OF REMUNERATION TO MRS. PUJA PODDAR, PRESIDENT-HR AND ADMINISTRATION, SENIOR MANAGEMENT PERSONNEL, FOR HOLDING AN OFFICE OR PLACE OF PROFIT IN THE COMPANYMoreLess
    Against Bandhan Mutual Fund, ICICI Prudential Mutual Fund, Kotak Mahindra Mutual Fund, Motilal Oswal Mutual Fund, Quantum Mutual Fund
    • Bandhan Mutual Fund, Motilal Oswal Mutual FundNon-Compliant with Section 188 of Companies Act, 2013: Prior approval of shareholders not sought; Governance & Transparency Concern: Inadequate disclosure on the basis for determining the proposed remuneration, making it difficult to assess its fairness.
    • ICICI Prudential Mutual FundMs. Puja Poddar, daughter-in-law of the promoter, Chairperson, Managing Director and CEO, Suresh Kumar Poddar, is proposed to be appointed as President – HR and Administration, holding an office or place of profit, with remuneration of up to Rs. 0.5 mn per month with effect from March 2, 2026.The AMC estimates her FY27 remuneration at Rs. 6.0 mn. While the proposed remuneration appears reasonable considering the size and scale of the company’s operations, the disclosures provided in support of the proposal are inadequate. Further, the company has not disclosed her total years of work experience. Further, her disclosed experience is as a Colour Technologist, with exposure to colour development, material innovation, R&D, production, quality, and client interactions; however, the notice does not establish any prior experience in human resources or administration, which are central to the proposed role. The company has also not provided any internal or external benchmarking for the proposed designation, responsibilities, or remuneration. Given the lack of clarity regarding her work experience, and the basis for determining her role, designation, and remuneration, the AMC has voted against the resolution.
    • Kotak Mahindra Mutual FundMs. Puja Poddar, daughter-in-law of the promoter, Chairperson, Managing Director and CEO, Suresh Kumar Poddar, is proposed to be appointed as President HR and Administration, holding an office or place of profit, with remuneration of up to Rs. 0.5 mn per month with effect from 2 March 2026. She holds a Bachelor of Commerce degree from Sydenham College of Commerce, Mumbai, and is a Certified Health Coach from the Institute for Integrative Nutrition (IIN), New York, USA. We estimate her FY27 remuneration at Rs. 6.0 mn. The company has not disclosed her age or total years of work experience. Further, her disclosed experience is as a Colour Technologist, with exposure to colour development, material innovation, R&D, production, quality, and client interactions; however, the notice does not establish any prior experience in human resources or administration, which are central to the proposed role. The company has also not provided any internal or external benchmarking for the proposed designation, responsibilities, or remuneration. Given the lack of clarity regarding her age, work experience, and the basis for determining her role, designation, and remuneration, we are unable to support the resolution.
    • Quantum Mutual FundThe company seeks shareholders’ approval to appoint Ms. Puja Poddar as President – HR and Administration, in office of profit, with effect from 2 March 2026, and to approve her remuneration. She is daughter in law of Suresh Kumar Poddar, Chairperson and Managing Director and CEO. We estimate her FY27 remuneration at Rs. 6.0 mn. However, the company has not disclosed her age or total work experience. While the proposed remuneration appears reasonable considering the company’s size and scale of operations, the supporting disclosures are inadequate. We note that there is no clarity on her post qualification relevant work experience for the proposed designation and role. Therefore, we do not support her appointment in office of profit. We do not favor the resolution.
    0 for5 against

Mutual fund votes, meeting of 17 Sep 2025, 4 fund houses

6 proposals

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

  • To consider and adopt: (a) The Audited Standalone Financial Statements of the Company for the financial year ended on March 31, 2025 together with the reports of the Board of Directors and Auditors thereon; (b) The Audited Consolidated Financial Statements of the Company for the financial year ended on March 31, 2025 and Auditor’s report thereon.MoreLess
    4 for0 against
  • To declare a final dividend of Rs. 5.00/- (Rupees Five Only) per Equity Share of face value of Rs. 5.00/- each for the financial year ended on March 31, 2025.
    4 for0 against
  • To appoint a director in place of Mr. Suresh Kumar Poddar (DIN: 00022395), who retires by rotation and being eligible, has offered himself for re-appointment.
    Against Motilal Oswal Mutual Fund, Quantum Mutual Fund
    • Motilal Oswal Mutual FundCompliant with law. No concern identified on the merits of proposed director. Governance Concern: Holds combined position of Chairman and Managing Director, which may result in concentration of power in the hands of single individual.
    • Quantum Mutual FundWe believe that holding dual position may lead to concentration of power. Hence, we do not favour the resolution.
    2 for2 against
  • To appoint Secretarial Auditors of the company.
    4 for0 against
  • To Re-appoint Mr. Suresh Kumar Poddar (DIN 00022395) as Chairman and Managing Director & CEO of the Company.
    Against Bandhan Mutual Fund, Motilal Oswal Mutual Fund, Quantum Mutual Fund
    • Bandhan Mutual Fund, Motilal Oswal Mutual FundCompliant with law. No concern identified on the merits of proposed director. Governance Concern: Holds combined position of Chairman and Managing Director, which may result in concentration of power in the hands of single individual.
    • Quantum Mutual FundWe believe that holding dual position may lead to concentration of power. Hence, we do not favour the resolution.
    1 for3 against
1 proposal not matched to one resolution
  • Ratification of remuneration of Rs. 4,00,000/- plus applicable GST and reimbursement of out of pocket expenses payable to M/s. Pavan Gupta and Associates, Cost Accountants (Firm Registration No. 101351) who were appointed by the Board of Directors of the Company as Cost Auditors to conduct the audit of the cost records maintained by the Company for financial year ending on March 31, 2026.MoreLess
    4 for0 against

Mutual fund votes, meeting of 14 Sep 2024, 3 fund houses

4 proposals

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

  • To consider and adopt: (a) The Audited Standalone Financial Statements of the Company for the financial year ended on March 31, 2024 together with the reports of the Board of Directors and Auditors thereon; (b) The Audited Consolidated Financial Statements of the Company for the financial year ended on March 31, 2024 and Auditor’s report thereon.MoreLess
    3 for0 against
  • To declare a final dividend of Rs. 3.00/- (Rupees Three Only) per Equity Share of face value of Rs. 5.00/- each for the financial year ended on March 31, 2024.
    3 for0 against
  • To appoint a director in place of Mr. Arun Kumar Bagaria (DIN: 00373862), who retires by rotation and being eligible, has offered himself for re-appointment.
    3 for0 against
1 proposal not matched to one resolution
  • Ratification of remuneration of Rs. 3,50,000/- plus applicable GST and reimbursement of out of pocket expenses at actuals payable to M/s. Pavan Gupta and Associates, Cost Accountants (Firm Registration No. 101351) who were appointed by the Board of Directors of the Company as Cost Auditors to conduct the audit of the cost records maintained by the Company for financial year ending on March 31, 2025.MoreLess
    3 for0 against

Mutual fund votes, meeting of 7 Jan 2024, 7 fund houses

1 proposal
  • TO APPROVE THE APPOINTMENT OF MRS. NIVEDITA RAVINDRA SARDA (DIN: 00938666) AS AN INDEPENDENT DIRECTOR OF THE COMPANY
    7 for0 against

Mutual fund votes, meeting of 14 Sep 2023, 6 fund houses

11 proposals

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

  • To consider and adopt (a)The Audited Standalone Financial Statements of the Company for the financial year ended on March 31, 2023 together with the reports of the Board of Directors and Auditors thereon; and (b)The Audited Consolidated Financial Statements of the Company for the financial year ended on March 31, 2023 and Auditor’s report thereon:MoreLess
    5 for0 against
  • To declare a final dividend of Rs. 2.00 per Equity Share for the financial year ended on March 31, 2023.
    5 for0 against
  • To appoint a director in place of Mr. Suresh Kumar Poddar (DIN: 00022395), who retires by rotation and being eligible, has offered himself for re-appointment.
    Against Motilal Oswal Mutual Fund
    • Motilal Oswal Mutual FundCombined position of Chairman and Managing Director.
    4 for1 against
  • To ratify the remuneration of the Cost Auditor for the financial year 2023-24
    1 for0 against
  • To Re-appoint Mr. Arvind Kumar Sharma (DIN: 01417904) as an Independent Director of the Company.
    5 for0 against
6 proposals not matched to one resolution
  • Item 1, as a fund house numbered it
    1 for0 against
  • Item 2, as a fund house numbered it
    1 for0 against
  • Item 3, as a fund house numbered it
    1 for0 against
  • Item 4, as a fund house numbered it
    1 for0 against
  • Item 5, as a fund house numbered it
    1 for0 against
  • Ratification of remuneration of Rs.3,50,000/-plus applicable GST and reimbursement of out of pocket expenses Payable to M/s. Pavan Gupta and Associates, Cost Accountants (Firm Registration No. 101351) appointed by the Board of Directors of the Company as Cost Auditors to conduct the audit of the cost records maintained by the Company for financial year ending on March 31, 2024.MoreLess
    4 for0 against

Mutual fund votes, meeting of 29 Jul 2022, 3 fund houses

10 proposals

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

  • To adopt: (a) The Audited Standalone Financial Statements of the Company for the financial year ended on March 31, 2022 together with the reports of the Board of Directors and Auditors thereon; and (b) The Audited Consolidated Financial Statements of the Company for the financial year ended on March 31, 2022 and Auditor’s report thereonMoreLess
    3 for0 against
  • To declare final dividend of Rs. 2.00 per Equity Share for the financial year ended on March 31, 2022.
    3 for0 against
  • To appoint a Director in place of Mr. Arun Kumar Bagaria (DIN 00373862), who retires by rotation and being eligible, offers himself for re-appointment.
    3 for0 against
  • To appoint Statutory Auditors of the Company
    3 for0 against
  • To approve the Related Party Transactions with Mayur Uniquoters Corp - Wholly Owned Subsidiary
    3 for0 against
  • To re-appoint Mr. Shyam Agrawal (DIN: 03516372) as an Independent Director of the Company
    3 for0 against
  • To re-appoint Mr. Arun Kumar Bagaria (DIN 00373862) as Whole Time Director designated as Executive Director of the Company
    3 for0 against
  • To re-appoint of Mr. Suresh Kumar Poddar (DIN: 00022395) as Chairman and Managing Director & CEO of the Company
    3 for0 against
2 proposals not matched to one resolution
  • Payment of the remuneration of Rs. 3,00,000/- (Rupees Three Lakhs Only) plus applicable GST and reimbursement of out of pocket expenses at actuals to M/s. Pavan Gupta & Associates, Cost Accountants (Firm Registration No. 101351) who were appointed by the Board of Directors of the Company as “Cost Auditors” to conduct the audit of the cost records maintained by the Company for financial year ending on March 31, 2023, be and is hereby ratified and approved.MoreLess
    2 for0 against
  • To approve payment of the remuneration payable to M/s. Pavan Gupta & Associates, Cost Accountants (Firm Registration No. 101351) who were appointed by the Board of Directors of the Company as “Cost Auditors” to conduct the audit of the cost records maintained bythe Company for financial year ending on March 31,2023,MoreLess
    1 for0 against

Mutual fund votes, meeting of 27 Aug 2021, 4 fund houses

5 proposals
  • To consider and adopt (a) The Audited Standalone Financial Statements of the Company for the financial year ended on March 31, 2021 together with the reports of the Board of Directors and Auditors thereon; and (b) The Audited Consolidated Financial Statements of the Company for the financial year ended on March 31, 2021 and Auditor’s report thereonMoreLess
    4 for0 against
  • To declare final dividend of Rs. 2.00 per Equity Share for the financial year ended on March 31, 2021
    4 for0 against
  • To appoint a Director in place of Mr. Suresh Kumar Poddar (DIN: 00022395), who retires by rotation and being eligible, offers himself for re-appointment
    4 for0 against
  • To ratify the remuneration of the Cost Auditor for the financial year 2021-22
    4 for0 against
  • To re-appoint of Mr. Ratan Kumar Roongta (DIN: 03056259) as an independent director of the Company
    4 for0 against

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

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved
11Dec 2400Mar 2500Jun 2500Sep 2511Dec 2511Mar 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
No
There was a cyber security incident in the quarter
No

The company's own answers in its filing.