Navneet Education MD, chairman and AGM
NSE: NAVNETEDULBSE: 508989Household ProductsSmall Cap
Share price at the NSE close on 28 Oct 2026. Previous close ₹121.53.
28 Oct: open ₹120.35, high ₹126.95, low ₹120.35
- Next results date: the board meets on 4 Nov 2026 to consider: financial results and dividend. The notice · Results calendar
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹2,795 Cr955th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 9.84
- P/E without one-offsPrice to earnings without one-off items. Market cap divided by core profit: the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, less one-off items (exceptional items and the result of businesses sold or closed). Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes ₹141 crore of one-off items, the largest of them in the quarter to Dec 2025.
- 19.55
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 1.28
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 2.37%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 13.7%
- ROE without one-offsReturn on equity without one-off items. Core profit, the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders less one-off items (exceptional items and the result of businesses sold or closed), as a percentage of the same net worth as the return on equity. Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes ₹141 crore of one-off items, the largest of them in the quarter to Dec 2025.
- 6.9%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 8.1%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- 0.00
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 96,84163.9% delivered
Navneet Education's chairperson is KAMLESH SHIVJI VIKAMSEY, its managing director GNANESH DUNGARSHI GALA and its managing director RAJU HARAKHCHAND GALA, as filed for the quarter to Sep 2026. Its latest annual general meeting was on 29 Sep 2025.
Navneet Education 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
- ChairpersonKAMLESH SHIVJI VIKAMSEY
- Managing directorGNANESH DUNGARSHI GALA
- Managing directorRAJU HARAKHCHAND GALA
- Company Secretary and Compliance OfficerAMIT D. BUCH
11 directors4 independent5 executive2 non-executive
- KAMLESH SHIVJI VIKAMSEY · ChairpersonNon-executive · joined May 1992 · reappointed May 1992 · 5 listed boards · 4 as independent · 5 committee seats, 5 as chair
- GNANESH DUNGARSHI GALA · Managing directorExecutive · joined Jun 2013 · reappointed Jun 2013 · 1 listed board · 1 committee seat
- RAJU HARAKHCHAND GALA · Managing directorExecutive · joined Jun 2013 · reappointed Jun 2013 · 1 listed board
- ANIL DUNGARSHI GALAExecutive · joined Jun 2013 · reappointed Jun 2013 · 1 listed board
- SHAILENDRA JITENDRABHAI GALAExecutive · joined Jun 2013 · reappointed Jun 2013 · 1 listed board
- DILIP CHATRABHUJ SAMPATExecutive · joined Jun 2023 · reappointed Jun 2023 · 1 listed board
- KRISHNAMURTHY ILANGO VISWANATHANIndependent · joined May 2022 · reappointed May 2022 · 52 months as independent · 1 listed board · 1 as independent · 1 committee seat
- ANIL SWARUPNon-executive · joined Aug 2019 · reappointed Aug 2019 · 1 listed board
- HEMAL MADHUBHAI PATELIndependent · joined May 2024 · reappointed May 2024 · 28 months as independent · 1 listed board · 1 as independent · 1 committee seat
- NIRMA ANIL BHANDARIIndependent · joined May 2024 · reappointed May 2024 · 28 months as independent · 2 listed boards · 2 as independent · 3 committee seats
- DRUSHTI RAHUL DESAIIndependent · joined May 2024 · reappointed May 2024 · 28 months as independent · 4 listed boards · 4 as independent · 5 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.
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 28 Jul 202611 of 11 present4 independent · 67 days in between
- 21 May 202610 of 11 present3 independent
Audit Committee
Chair DRUSHTI RAHUL DESAI
NIRMA ANIL BHANDARI, HEMAL MADHUBHAI PATEL, KRISHNAMURTHY ILANGO VISWANATHAN
- 28 Jul 20264 of 4 present4 independent · 67 days in between
- 21 May 20263 of 4 present3 independent
Nomination and remuneration committee
Chair HEMAL MADHUBHAI PATEL
NIRMA ANIL BHANDARI, KAMLESH SHIVJI VIKAMSEY
- 20 Aug 20263 of 3 present2 independent · 459 days in between
- 17 May 20253 of 3 present2 independent
Stakeholders Relationship Committee
Chair DRUSHTI RAHUL DESAI
NIRMA ANIL BHANDARI, GNANESH DUNGARSHI GALA
No meeting listed in the filing.
Risk Management Committee
Chair GNANESH DUNGARSHI GALA
SHAILENDRA JITENDRABHAI GALA, NIRMA ANIL BHANDARI, ANIL SWARUP
- 6 Aug 20264 of 4 present1 independent · 187 days in between
- 30 Jan 20263 of 4 present1 independent
Corporate Social Responsibility Committee
Chair NIRMA ANIL BHANDARI
ANIL DUNGARSHI GALA, KRISHNAMURTHY ILANGO VISWANATHAN
No meeting listed in the filing.
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.
- M/s N.A. Shah Associates LLPPeer-review certificate valid to Aug 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.
Navneet Education 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.Navneet Education dividend history
Meeting called by the tribunal, 15 Jun 2026
40,419 shareholders on the register on 8 Jun 2026; present: 34 promoters and 6 others; votes counted by Vyom Shah / Vyom Shah.The company's voting result
For considering and approving, the proposed Composite Scheme of Arrangement between Indiannica Learning Private Limited ("Demerged Company") and Navneet Education Limited ("Resulting Company") and their respective shareholders ("Scheme") under Sections 230 to 232 and Section 66 and other applicable provisions thereof and rules thereunderMoreLess
Special100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.20%
Turnout: all 75.95% · promoters 98.97% · institutions 75.76% · other public 3.66%
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 2025, 5 resolutions
45,231 shareholders on the register on 22 Sep 2025; present: 29 promoters and 7 others; votes counted by Sunil M. Dedhia / Sunil M. Dedhia & Co..The company's voting result
To Receive, consider and adopt the: a) Audited Financial Statements of the Company for the financial year ended 31st March, 2025 including the Audited Balance Sheet as at 31st March, 2025 and Statement of Profit and Loss for the year ended on that date together with Reports of Board of Directors and Independent Auditor thereon; and b) Audited Consolidated Financial Statements of the Company for the financial year ended 31st March, 2025 including the Audited Consolidated Balance Sheet as at 31st March, 2025 and the Consolidated Statement of Profit and Loss for the year ended on that date together with Report of Independent Auditor thereonMoreLess
Ordinary99.99% for0.01% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.51%
Turnout: all 76.38% · promoters 99.23% · institutions 77.11% · other public 3.89%
- To declare final dividend on equity shares for the financial year ended 31st March, 2025Ordinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.50%
Turnout: all 76.41% · promoters 99.23% · institutions 77.24% · other public 3.89%
- To appoint a Director in place of Shri Kamlesh S.Vikamsey (DIN: 00059620), who retires by rotation, and being eligible, offers himself for re-appointment.Ordinary99.90% for0.10% against
Against: promoters 0.00% · institutions 0.54% · other public 0.56%
Turnout: all 76.40% · promoters 99.23% · institutions 77.24% · other public 3.85%
- To appoint a Director in place of Shri Dilip C Sampat (DIN: 05018178), who retires by rotation, and being eligible, offers himself for re-appointment.OrdinaryPromoters have an interest in it99.03% for0.97% against
Against: promoters 0.00% · institutions 5.75% · other public 0.51%
Turnout: all 75.93% · promoters 98.50% · institutions 77.24% · other public 3.85%
To approve the appointment of M/s Mehta & Mehta ,Practicing Company Secretaries ( Firm Registration No.P1996MH007500) as the Secretarial Auditor of the Company to hold office for the period of five (5) Consecutive financial years commencing from FY 2025-26 to FY 20929-30 to conduct secretarial audit of the Company.MoreLess
Ordinary99.99% for0.01% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.50%
Turnout: all 76.41% · promoters 99.23% · institutions 77.24% · other public 3.89%
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, 20 Aug 2024, 10 resolutions
Present: 47 promoters and 35 others.
Adoption of the Audited Financial Statements (including consolidated Financial Statements) of the Company for the Financial Year ended March 31, 2024 including the reports of the Board of Directors' and Independent Auditors' thereonMoreLess
Ordinary94.14% for5.86% againstAgainst: promoters 0.00% · institutions 35.12% · other public 0.46%
Turnout: all 75.91% · promoters 99.32% · institutions 80.35% · other public 1.81%
- To declare final dividend on equity shares for the financial year ended 31st March, 2024Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.46%
Turnout: all 75.93% · promoters 99.32% · institutions 80.50% · other public 1.81%
- To appoint a Director in place of Shri Raju H. Gala (DIN: 02096613), who retires by rotation, and being eligible, offers himself for re-appointmentOrdinaryPromoters have an interest in it99.07% for0.93% against
Against: promoters 0.00% · institutions 5.28% · other public 0.49%
Turnout: all 71.79% · promoters 92.79% · institutions 80.50% · other public 1.78%
- To appoint a Director in place of Shri Anil Swarup (DIN: 08502186), who retires by rotation, and being eligible, offers himself for re-appointment.Ordinary99.86% for0.14% against
Against: promoters 0.00% · institutions 0.83% · other public 0.49%
Turnout: all 75.93% · promoters 99.32% · institutions 80.50% · other public 1.78%
- To appoint Smt. Drushti R. Desai (DIN: 00294249), as Independent Director of the Company for a term of 5 (five ) years w.e.f. 22nd May, 2024.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.49%
Turnout: all 75.93% · promoters 99.32% · institutions 80.50% · other public 1.78%
- To appoint Smt. Nirma Bhanadri (DIN: 02212973), as Independent Director of the Company for a term of 5 (five) years w.e.f. 22nd May, 2024.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.77%
Turnout: all 75.38% · promoters 98.45% · institutions 80.50% · other public 1.78%
- To appoint Shri. Hemal Patel (DIN: 00805614), as Independent Director of the Company for a term of 5 (five) years w.e.f. 22nd May, 2024.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.92%
Turnout: all 74.06% · promoters 96.37% · institutions 80.50% · other public 1.78%
- To approve payment of yearly incentive to Shri Dilip C. Sampat (DIN: 05018178), Whole -time Director.OrdinaryPromoters have an interest in it94.11% for5.89% against
Against: promoters 0.00% · institutions 35.06% · other public 1.40%
Turnout: all 75.47% · promoters 98.58% · institutions 80.50% · other public 1.81%
To approve to hold and continue to hold an office or place of profit by Shri. Harshil A. Gala, relative of a Director as “CEO IVA E-Learning” in the Company on a monthly remuneration exceeding monetary limits mentioned in Section 188 of the Companies Act, 2013.MoreLess
OrdinaryPromoters have an interest in it92.94% for7.06% againstAgainst: promoters 0.00% · institutions 40.34% · other public 2.84%
Turnout: all 72.60% · promoters 94.05% · institutions 80.50% · other public 1.81%
To approve to hold and continue to hold an office or place of profit by Shri.’’ Devish G Gala , relative of a Director as “Vice President – Marketing” in the Company on a monthly remuneration exceeding monetary limits mentioned in Section 188 of the Companies Act, 2013.MoreLess
OrdinaryPromoters have an interest in it92.93% for7.07% againstAgainst: promoters 0.00% · institutions 40.34% · other public 2.84%
Turnout: all 72.46% · promoters 93.83% · institutions 80.50% · other public 1.81%
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 Aug 2023, 11 resolutions
Present: 33 promoters and 21 others.
To Receive, consider and adopt the: nna) Audited Financial Statement of the Company for the Financial Year ended 31st March, 2023 including the Audited Balance Sheet as at 31st March, 2023 and Statement of Profit and Loss for the year ended on that date together with Reports of Board of Directors and Independent Auditors thereon; and nnb) Audited Consolidated Financial Statement of the Company for the Financial Year ended 31st March, 2023 including the Audited Consolidated Balance Sheet as at 31st March, 2023 and the Consolidated Statement of Profit and Loss for the year ended on that date together with Report of Independent Auditors thereon. nMoreLess
Ordinary98.19% for1.81% againstAgainst: promoters 2.16% · institutions 0.00% · other public 0.06%
Turnout: all 74.70% · promoters 99.24% · institutions 79.87% · other public 0.55%
- To declare final dividend for the Financial Year ended 31st March, 2023.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.68%
Turnout: all 74.73% · promoters 99.24% · institutions 80.09% · other public 0.55%
- To appoint a Director in place of Shri Gnanesh D. Gala (DIN: 00093008), who retires by rotation, and being eligible, offers himself for re-appointment.OrdinaryPromoters have an interest in it98.91% for1.09% against
Against: promoters 0.00% · institutions 6.59% · other public 0.24%
Turnout: all 71.51% · promoters 94.15% · institutions 80.09% · other public 0.55%
- To appoint a Director in place of Shri Shailendra A. Gala (DIN: 00093040), who retires by rotation, and being eligible, offers himself for re-appointment.OrdinaryPromoters have an interest in it99.19% for0.81% against
Against: promoters 0.00% · institutions 4.91% · other public 0.24%
Turnout: all 71.39% · promoters 93.96% · institutions 80.09% · other public 0.55%
- To appoint Shri Dilip C. Sampat (DIN: 05018178) as Director of the CompanyOrdinaryPromoters have an interest in it99.01% for0.99% against
Against: promoters 0.00% · institutions 6.27% · other public 0.13%
Turnout: all 74.27% · promoters 98.50% · institutions 80.09% · other public 0.55%
- To re-appointment of Shri Gnanesh D. Gala (DIN:00093008) as Managing Director and Key Managerial Personnel of the Company for a period of 5 (Five) years with effect from 1st June, 2023OrdinaryPromoters have an interest in it99.19% for0.81% against
Against: promoters 0.00% · institutions 4.91% · other public 0.28%
Turnout: all 71.51% · promoters 94.15% · institutions 80.09% · other public 0.55%
- To reappointment of Shri Raju H. Gala (DIN:02096613) as Joint Managing Director of the Company for a period of 5 (Five) years with effect from 1st June, 2023OrdinaryPromoters have an interest in it99.12% for0.88% against
Against: promoters 0.00% · institutions 5.28% · other public 0.35%
Turnout: all 70.60% · promoters 92.71% · institutions 80.09% · other public 0.55%
- To the appointment of Shri Dilip C. Sampat (DIN: 05018178) as Whole time Director of the Company for a period of 5 (Five) years with effect from 1st June, 2023OrdinaryPromoters have an interest in it98.99% for1.01% against
Against: promoters 0.00% · institutions 6.34% · other public 0.20%
Turnout: all 74.27% · promoters 98.50% · institutions 80.09% · other public 0.55%
- To the re-appointment of Shri Anil D. Gala (DIN:00092952) as Whole time Director of the Company for a period of 5 (Five) years with effect from 1st June, 2023SpecialPromoters have an interest in it98.94% for1.06% against
Against: promoters 0.00% · institutions 6.27% · other public 13.77%
Turnout: all 71.51% · promoters 94.15% · institutions 80.09% · other public 0.55%
- To the reappointment of Shri Shailendra J. Gala (DIN:00093040) as Whole time Director of the Company for a period of 5 (Five) years with effect from 1st June, 2023OrdinaryPromoters have an interest in it98.94% for1.06% against
Against: promoters 0.00% · institutions 6.27% · other public 13.77%
Turnout: all 71.39% · promoters 93.96% · institutions 80.09% · other public 0.55%
Shri Archit R. Gala, to hold and continue to hold an office or place of profit in the Company as ‘Marketing President’ on a total remuneration exceeding ` 2.50 Lakhs per month subject to maximum remuneration up to ` 10 Lakhs per month.MoreLess
OrdinaryPromoters have an interest in it94.24% for5.76% againstAgainst: promoters 0.00% · institutions 35.30% · other public 14.36%
Turnout: all 72.52% · promoters 95.73% · institutions 80.09% · other public 0.55%
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, 8 Aug 2022, 7 resolutions
Present: 37 promoters and 25 others.
Adopted the Audited Standalone Financial Statements of the Company for the Financial Year ended 31st March, 2022 and the Reports of the Board of Directors and Auditors thereon. (b) Adopted the Audited Consolidated Financial Statements of the Company for the Financial Year ended 31st March, 2022 and the Report of the Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.06%
Turnout: all 75.36% · promoters 99.23% · institutions 83.53% · other public 0.64%
- Declared a Dividend for the Financial Year 2021-22.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 1.16%
Turnout: all 75.36% · promoters 99.23% · institutions 83.55% · other public 0.64%
- Approved re-appointment of Shri Kamlesh S. Vikamsey (DIN: 00059620), as a Director, who retired by rotation and being eligible had offered himself for re-appointmentOrdinary99.44% for0.56% against
Against: promoters 0.00% · institutions 3.40% · other public 0.09%
Turnout: all 75.36% · promoters 99.23% · institutions 83.55% · other public 0.60%
- Approved re-appointment of Shri Raju H.Gala (DIN:02096613),as a Dirrector ,who retired by rotation and being eligible had offered himself for re-appointmentOrdinaryPromoters have an interest in it99.42% for0.58% against
Against: promoters 0.00% · institutions 3.35% · other public 0.09%
Turnout: all 71.61% · promoters 93.31% · institutions 83.55% · other public 0.60%
- Approved re-appointment of Shri Anil D Gala (DIN:00092952) as a Director ,who retired by rotation and being eligible had offered himself for re-appointment.OrdinaryPromoters have an interest in it99.42% for0.58% against
Against: promoters 0.00% · institutions 3.35% · other public 0.09%
Turnout: all 70.99% · promoters 92.33% · institutions 83.55% · other public 0.60%
- Approved the appointment of Shri K. I. Viswanathan (DIN: 09572232), as Director and Independent Director by way of an Special Resolution.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.08%
Turnout: all 75.36% · promoters 99.23% · institutions 83.55% · other public 0.60%
Approved the re-appointment of M/s. N.A. Shah Associates LLP, Chartered Accountants (Firm Registration No. 116560W/W100149) as Statutory Auditors of the Company for a second term of 5 (five) consecutive years from the conclusion of the 36th Annual General Meeting until the conclusion of the 41st Annual General Meeting to be held in the year 2027 by way of an Ordinary Resolution.MoreLess
Special100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.08%
Turnout: all 75.36% · promoters 99.23% · institutions 83.55% · other public 0.60%
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 2021, 5 resolutions
Present: 32 promoters and 9 others.
To Receive, consider and adopt the: na) Audited Financial Statement of the Company for the Financial Year ended 31st March, 2021 including the Audited Balance Sheet as at 31st March, 2021 and Statement of Profit and Loss for the year ended on that date together with Reports of Board of Directors and Independent Auditors thereon; and nb) Audited Consolidated Financial Statement of the Company for the Financial Year ended 31st March, 2021 including the Audited Consolidated Balance Sheet as at 31st March, 2021 and the Consolidated Statement of Profit and Loss for the year ended on that date together with Report of Independent Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 78.23% · promoters 99.45% · institutions 84.40% · other public 0.34%
- To declare a dividend for the Financial Year ended 31st March, 2021.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 78.23% · promoters 99.45% · institutions 84.40% · other public 0.34%
- To appoint a Director in place of Shri Gnanesh D. Gala (DIN: 00093008), who retires by rotation, and being eligible, offers himself for re-appointment.OrdinaryPromoters have an interest in it99.51% for0.49% against
Against: promoters 0.00% · institutions 2.27% · other public 0.50%
Turnout: all 73.36% · promoters 91.71% · institutions 84.40% · other public 0.34%
- To appoint a Director in place of Shri Bipin A. Gala (DIN: 00846625), who retires by rotation, and being eligible, offers himself for re-appointment.OrdinaryPromoters have an interest in it98.11% for1.90% against
Against: promoters 0.00% · institutions 8.88% · other public 0.50%
Turnout: all 73.40% · promoters 91.77% · institutions 84.40% · other public 0.34%
- To appoint a Director in place of Shri Anil Swarup (DIN: 08502196), who retires by rotation, and being eligible, offers himself for re-appointment.Ordinary98.85% for1.15% against
Against: promoters 0.00% · institutions 5.91% · other public 0.84%
Turnout: all 77.73% · promoters 99.45% · institutions 81.73% · 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.
Annual general meeting, 28 Sep 2020, 6 resolutions
Present: 24 promoters and 21 others.
Receive, consider and adopt the: na) Audited Financial Statement of the Company for the Financial Year ended 31st March, 2020 including the Audited Balance Sheet as at 31st March, 2020 and Statement of Profit and Loss for the year ended on that date together with Reports of Board of Directors and Independent Auditors thereon and nnb) Audited Consolidated Financial Statement of the Company for the Financial Year ended 31st March, 2020 including the Audited Consolidated Balance Sheet as at 31st March, 2020 and the Consolidated Statement of Profit and Loss for the year ended on that date together with Report of Independent Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.04%
Turnout: all 80.10% · promoters 99.67% · institutions 88.05% · other public 0.21%
- Confirm the payment of two Interim Dividends declared on equity shares for the financial year 2019-20 as final dividend.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.04%
Turnout: all 80.10% · promoters 99.67% · institutions 88.05% · other public 0.21%
- Re-appointment of Shri Shailendra J. Gala (DIN: 00093040), who retires by rotation, and being eligible, offers himself for re-appointment.OrdinaryPromoters have an interest in it99.98% for0.02% against
Against: promoters 0.00% · institutions 0.10% · other public 0.04%
Turnout: all 76.24% · promoters 93.47% · institutions 88.05% · other public 0.21%
- Re-appointment of Shri Raju H. Gala (DIN: 02096613), who retires by rotation, and being eligible, offers himself for re-appointment.OrdinaryPromoters have an interest in it99.98% for0.02% against
Against: promoters 0.00% · institutions 0.10% · other public 0.04%
Turnout: all 75.98% · promoters 93.06% · institutions 88.05% · other public 0.21%
- Re-appointment of Shri Nilesh S. Vikamsey (DIN: 00031213), who retires by rotation, and being eligible, offers himself for re-appointment.Ordinary97.21% for2.79% against
Against: promoters 0.00% · institutions 12.75% · other public 0.07%
Turnout: all 79.54% · promoters 99.67% · institutions 85.29% · other public 0.21%
- Regularization of Additional Director, Shri Anil Swarup (DIN: 08502186) by appointing him as Director of the CompanyOrdinary99.98% for0.02% against
Against: promoters 0.00% · institutions 0.10% · other public 0.44%
Turnout: all 80.10% · promoters 99.67% · institutions 88.05% · other public 0.21%
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.
Annual general meeting, 24 Jul 2019, 10 resolutions
Present: 10 promoters and 78 others.
Receive , consider and adopt the : Audited Financial Statement of the Company for the Financial Year ended 31st March,2019 and the Reports of Board of Directors and Independent Auditors thereon; and (b) Audited Consolidated Financial Statements of the Company for the Financial Year ended 31st March,2019 and the Report of Independent Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 81.09% · promoters 99.88% · institutions 88.27% · other public 0.05%
- 2) Declaration of dividend for the financial year ended 31st March, 2019Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.16%
Turnout: all 81.09% · promoters 99.88% · institutions 88.27% · other public 0.05%
- 3) Re-appointment of Shri Bipin A.Gala (DIN: 00846625),who retired by rotation and being eligible had offered himself for re-appointmentOrdinaryPromoters have an interest in it98.20% for1.80% against
Against: promoters 0.00% · institutions 7.16% · other public 0.16%
Turnout: all 77.06% · promoters 93.36% · institutions 88.27% · other public 0.05%
- 4) Re-appointment of Shri Anil D. Gala (DIN: 00092952),who retired by rotation and being eligible had offered himself for re-appointmentOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 76.53% · promoters 92.50% · institutions 88.27% · other public 0.05%
- 5) Re-appointment of Shri Kamlesh S.Vikamsey (DIN: 00059620),who retired by rotation and being eligible had offered himself for re-appointment.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.16%
Turnout: all 81.09% · promoters 99.88% · institutions 88.27% · other public 0.05%
- 6) Re-appointment of Shri Mohinder Pal Bansal(DIN: 01626343) as an Independent Director for a second term of 5(five) consecutive years.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.40%
Turnout: all 81.09% · promoters 99.88% · institutions 88.27% · other public 0.05%
- 7) Re-appointment of Shri Tushar K Jani(DIN: 00192621) as an Independent Director for a second term of 5(five) consecutive years.Special96.20% for3.80% against
Against: promoters 0.00% · institutions 16.11% · other public 0.40%
Turnout: all 80.81% · promoters 99.88% · institutions 86.98% · other public 0.05%
- 8) Re-appointment of Smt Usha Laxman(DIN: 02765647) as an Independent Director for a second term of 5(five) consecutive yearsSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.40%
Turnout: all 81.09% · promoters 99.88% · institutions 88.27% · other public 0.05%
- 9) Re-appointment of Dr.Vijay B. Joshi (DIN: 06705634) as an Independent Director for a second term of 5(five) consecutive yearsSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.40%
Turnout: all 81.09% · promoters 99.88% · institutions 88.27% · other public 0.05%
- 10) Re-classification of some of the persons forming part of Promoter Group from ‘Promoter & Promoter Group Category’ to ‘Public Category’.SpecialPromoters have an interest in it99.94% for0.06% against
Against: promoters 0.08% · institutions 0.00% · other public 0.03%
Turnout: all 69.92% · promoters 81.81% · institutions 88.27% · other public 0.05%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
How mutual funds voted
Fund houses must disclose how they vote at every meeting of a company they hold.
Mutual fund votes, meeting of 15 Jun 2026, 3 fund houses
For considering and approving, the proposed Composite Scheme of Arrangement between Indiannica Learning Private Limited ("Demerged Company") and Navneet Education Limited ("Resulting Company") and their respective shareholders ("Scheme") under Sections 230 to 232 and Section 66 and other applicable provisions thereof and rules thereunderMoreLess
3 for0 against
Mutual fund votes, meeting of 29 Sep 2025, 3 fund houses
To Receive, consider and adopt the: a) Audited Financial Statements of the Company for the financial year ended 31st March, 2025 including the Audited Balance Sheet as at 31st March, 2025 and Statement of Profit and Loss for the year ended on that date together with Reports of Board of Directors and Independent Auditor thereon; and b) Audited Consolidated Financial Statements of the Company for the financial year ended 31st March, 2025 including the Audited Consolidated Balance Sheet as at 31st March, 2025 and the Consolidated Statement of Profit and Loss for the year ended on that date together with Report of Independent Auditor thereonMoreLess
Against Motilal Oswal Mutual Fund
- Motilal Oswal 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 all Subsidiaries for FY 2024-25 on website.
2 for1 against- To declare final dividend on equity shares for the financial year ended 31st March, 20253 for0 against
- To appoint a Director in place of Shri Kamlesh S.Vikamsey (DIN: 00059620), who retires by rotation, and being eligible, offers himself for re-appointment.3 for0 against
- To appoint a Director in place of Shri Dilip C Sampat (DIN: 05018178), who retires by rotation, and being eligible, offers himself for re-appointment.3 for0 against
To approve the appointment of M/s Mehta & Mehta ,Practicing Company Secretaries ( Firm Registration No.P1996MH007500) as the Secretarial Auditor of the Company to hold office for the period of five (5) Consecutive financial years commencing from FY 2025-26 to FY 20929-30 to conduct secretarial audit of the Company.MoreLess
Against Motilal Oswal Mutual Fund
- Motilal Oswal Mutual FundCompliant with law. No concern on the merits of proposed Auditors. Transparency Concern: Remuneration of outgoing auditor not disclosed, thus, SES is unable to ascertain whether there is any material change in the proposed audit fee.
2 for1 against
Mutual fund votes, meeting of 20 Aug 2024, 5 fund houses
10 proposals
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
- To declare final dividend on equity shares for the financial year ended 31st March, 20245 for0 against
- To appoint a Director in place of Shri Raju H. Gala (DIN: 02096613), who retires by rotation, and being eligible, offers himself for re-appointment5 for0 against
- To appoint a Director in place of Shri Anil Swarup (DIN: 08502186), who retires by rotation, and being eligible, offers himself for re-appointment.5 for0 against
- To appoint Smt. Drushti R. Desai (DIN: 00294249), as Independent Director of the Company for a term of 5 (five ) years w.e.f. 22nd May, 2024.5 for0 against
- To appoint Smt. Nirma Bhanadri (DIN: 02212973), as Independent Director of the Company for a term of 5 (five) years w.e.f. 22nd May, 2024.5 for0 against
- To appoint Shri. Hemal Patel (DIN: 00805614), as Independent Director of the Company for a term of 5 (five) years w.e.f. 22nd May, 2024.5 for0 against
- To approve payment of yearly incentive to Shri Dilip C. Sampat (DIN: 05018178), Whole -time Director.
Against Bandhan Mutual Fund, Groww Mutual Fund, Kotak Mahindra Mutual Fund, Motilal Oswal Mutual Fund
- Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with law. Governance Concern: No absolute cap on proposed incentive pay.
- Kotak Mahindra Mutual FundThe Company is proposing to pay incentive pay for a maximum amount of 2.5% of the EBITDA of the stationery business of the Company, after removing exceptional items, if any. The Company has not made any objective disclosures, neither in relative terms nor in absolute terms. The variable component must be absolutely caped. Hence voting against.
1 for4 against To approve to hold and continue to hold an office or place of profit by Shri. Harshil A. Gala, relative of a Director as “CEO IVA E-Learning” in the Company on a monthly remuneration exceeding monetary limits mentioned in Section 188 of the Companies Act, 2013.MoreLess
Against Bandhan Mutual Fund, Groww Mutual Fund, Kotak Mahindra Mutual Fund, Motilal Oswal Mutual Fund
- Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundNon-compliance with Companies Act, 2013: Prior approval not sought. Governance & Transparency Concern: Inadequate disclosures regarding the basis of arriving at the proposed pay. Fairness cannot be ascertained.
- Kotak Mahindra Mutual FundThe Company has neither disclosed the Age nor total experience of the proposed appointee. Mr. Harshil has become employee of the Company, upon the Scheme coming into effective i.e. on 17th May, 2024. Whereas, the Company is seeking shareholders at the ensuing AGM on 20th August, 2024. Since the resolution is non complaint according to the Companies Rules 2014, voting against.
1 for4 againstTo approve to hold and continue to hold an office or place of profit by Shri.’’ Devish G Gala , relative of a Director as “Vice President – Marketing” in the Company on a monthly remuneration exceeding monetary limits mentioned in Section 188 of the Companies Act, 2013.MoreLess
Against Bandhan Mutual Fund, Groww Mutual Fund, Kotak Mahindra Mutual Fund, Motilal Oswal Mutual Fund
- Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundNon-compliance with Companies Act, 2013: Prior approval not sought. Governance & Transparency Concern: Inadequate disclosures regarding the basis of arriving at the proposed pay. Fairness cannot be ascertained.
- Kotak Mahindra Mutual FundThe Company has neither disclosed the Age nor total experience of the proposed appointee. Mr. Devish has become employee of the Company, upon the Scheme coming into effective i.e. on 17th May, 2024. Whereas, the Company is seeking shareholders at the ensuing AGM on 20th August, 2024. Since the resolution is non complaint according to the Companies Rules 2014, voting against.
1 for4 against
1 proposal not matched to one resolution
To receive, consider and adopt the: (a) Audited Standalone Financial Statements of the Company for the financial year ended 31st March, 2024 including the Audited Balance Sheet as at 31st March, 2024 and the Statement of Profit and Loss for the year ended on that date together with the Reports of Board of Directors and Independent Auditor thereon and (b) Audited Consolidated Financial Statements of the Company for the financial year ended 31st March, 2024 including the Audited Consolidated Balance Sheet as at 31st March, 2024 and the Consolidated Statement of Profit and Loss for the year ended on that date together with the Report of Independent Auditor thereon.MoreLess
Against Bandhan Mutual Fund, Groww Mutual Fund, Kotak Mahindra Mutual Fund, Motilal Oswal Mutual Fund
- Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundUnqualified financial statements. Compliant with Indian Accounting Standards. Non-Compliant with Companies Act, 2013 & SEBI LODR Regulations: Non-disclosure of financial statements of Subsidiary Companies for FY 2023-24 on its website.
- Kotak Mahindra Mutual FundNo concern has been identified w.r.t the adoption of standalone financial statement. However, the separate audited financials of these subsidiaries are not available on the website of the Company. AS the same is non-compliant with Section 136 of the Companies Act, 2013 & Regulation 46(2)(s) of SEBI Listing Regulations, voting against.
1 for4 against
Mutual fund votes, meeting of 14 Aug 2023, 4 fund houses
13 proposals
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
To Receive, consider and adopt the: nna) Audited Financial Statement of the Company for the Financial Year ended 31st March, 2023 including the Audited Balance Sheet as at 31st March, 2023 and Statement of Profit and Loss for the year ended on that date together with Reports of Board of Directors and Independent Auditors thereon; and nnb) Audited Consolidated Financial Statement of the Company for the Financial Year ended 31st March, 2023 including the Audited Consolidated Balance Sheet as at 31st March, 2023 and the Consolidated Statement of Profit and Loss for the year ended on that date together with Report of Independent Auditors thereon. nMoreLess
4 for0 against- To declare final dividend for the Financial Year ended 31st March, 2023.4 for0 against
- To appoint Shri Dilip C. Sampat (DIN: 05018178) as Director of the Company
Against Sundaram Mutual Fund
- Sundaram Mutual FundDilip C. Sampat, 60, is part of the promoter group. He has over three decades of experience in the field of company’s export stationery business. Though his appointment is in line with statutory requirements, we note that the board of Navneet Education Limited has a large representation from the promoter group: five promoter directors holding executive capacity is disproportionate for the size of the business.
3 for1 against - To re-appointment of Shri Gnanesh D. Gala (DIN:00093008) as Managing Director and Key Managerial Personnel of the Company for a period of 5 (Five) years with effect from 1st June, 20234 for0 against
- To reappointment of Shri Raju H. Gala (DIN:02096613) as Joint Managing Director of the Company for a period of 5 (Five) years with effect from 1st June, 20234 for0 against
- To the appointment of Shri Dilip C. Sampat (DIN: 05018178) as Whole time Director of the Company for a period of 5 (Five) years with effect from 1st June, 2023
Against Sundaram Mutual Fund
- Sundaram Mutual FundDilip C. Sampat, 60, Whole-Time Director, proposed remuneration is estimated to range between Rs. 19.3 mn and Rs. 23.2 mn. The proposed remuneration is comparable to peers. Even so, we do not support Dilip Sampat’s reappointment to the board. The board of Navneet Education Limited has a large representation from the promoter group: five promoter directors holding executive capacity is disproportionate for the size of the business.
3 for1 against - To the re-appointment of Shri Anil D. Gala (DIN:00092952) as Whole time Director of the Company for a period of 5 (Five) years with effect from 1st June, 2023
Against Sundaram Mutual Fund
- Sundaram Mutual FundAnil D Gala, 66, Whole-Time Director was paid a remuneration of Rs. 16.1 mn, inclusive of bonus comprising ~10% of pay. His proposed remuneration is estimated to range between Rs. 19.3 mn (assuming a 20% increase in salary ) and Rs. 23.2 mn (salary assumed at the maximum amount). The proposed remuneration is comparable to peers. Even so, we do not support Anil Gala’s reappointment to the board. The board of Navneet Education Limited has a large representation from the promoter group: five promoter directors holding executive capacity is disproportionate for the size of the business.
3 for1 against - To the reappointment of Shri Shailendra J. Gala (DIN:00093040) as Whole time Director of the Company for a period of 5 (Five) years with effect from 1st June, 2023
Against Sundaram Mutual Fund
- Sundaram Mutual FundShailendra J. Gala, 54, Whole-Time Director was paid a remuneration of Rs. 14.8 mn, inclusive of bonus comprising ~10% of pay. His proposed remuneration is estimated to range between Rs. 17.8 mn (assuming a 20% increase in salary ) and Rs. 22.8 mn (salary assumed at the maximum amount). The proposed remuneration is comparable to peers. Even so, we do not support Shailendra Gala reappointment to the board. The board of Navneet Education Limited has a large representation from the promoter group: five promoter directors holding executive capacity is disproportionate for the size of the business.
3 for1 against Shri Archit R. Gala, to hold and continue to hold an office or place of profit in the Company as ‘Marketing President’ on a total remuneration exceeding ` 2.50 Lakhs per month subject to maximum remuneration up to ` 10 Lakhs per month.MoreLess
Against Kotak Mahindra Mutual Fund, Motilal Oswal Mutual Fund, Sundaram Mutual Fund
- Kotak Mahindra Mutual FundArchit R. Gala, MBA by qualification has been associated with the Company since 2017. He has played vital role in the field of marketing, content creation, supply chain management, digitisation, and rebranding. He is at present holding the position of Marketing President in the Company. The proposed remuneration seems excessive when compared with the other KMPs too i.e., CS and CFO, who are non-promoters. The Company has not adequately justified with respect to selection process. The company has not provided reasonable rationale for a higher remuneration. Also the experience/expertise is not comparable to the proposed remuneration, hence voting against .
- Motilal Oswal Mutual FundCompliant with Law. Governance concern: Proposed remuneration appears excessive.
- Sundaram Mutual FundArchit R. Gala, son of Joint Managing Director Raju H Gala, has been associated with the company since January 2017 and has been involved in the company’s marketing strategies and enhancing its overall brand presence. He has also been actively involved in streamlining the supply chain management process, optimizing efficiencies and ensuring seamless delivery of products to customers. For FY23, he was paid a remuneration of Rs. 3.1 mn. His proposed remuneration is capped at Rs. 12.0 mn. We do not support Archit Gala’s continuation in the office of profit position. The company is dominated by the promoter group – with five board members and eight office of profit positions. We believe this high level of promoter group participation in the company’s operations limits it from attracting the right professional talent.
1 for3 against
4 proposals not matched to one resolution
- Reappoint Gnanesh D. Gala (DIN: 00093008), as Director, liable to retire by rotation1 for0 against
- Reappoint Shailendra J. Gala (DIN: 00093040) as Director, liable to retire by rotation
Against Sundaram Mutual Fund
- Sundaram Mutual FundShailendra Gala, 54, part of the promoter family, focusses on product development, designing, manufacturing, sales, and marketing of stationary products. He attended all 4 board meetings in FY23 and retires by rotation. His reappointment meets statutory requirements. However, the board of Navneet Education Limited has a large representation from the promoter group: five promoter directors holding executive capacity is disproportionate for the size of the business.
0 for1 against To appoint a Director in place of Shri Gnanesh D. Gala (DIN: 00093008), who retires by rotation in terms of Section 152(6) of the Companies Act, 2013, and being eligible, offers himself for re-appointment.MoreLess
3 for0 againstTo appoint a Director in place of Shri Shailendra J. Gala (DIN: 00093040), who retires by rotation in terms of Section 152(6) of the Companies Act, 2013, and being eligible, offers himself for re-appointment.MoreLess
3 for0 against
Mutual fund votes, meeting of 8 Aug 2022, 3 fund houses
7 proposals
Adopted the Audited Standalone Financial Statements of the Company for the Financial Year ended 31st March, 2022 and the Reports of the Board of Directors and Auditors thereon. (b) Adopted the Audited Consolidated Financial Statements of the Company for the Financial Year ended 31st March, 2022 and the Report of the Auditors thereon.MoreLess
3 for0 against- Declared a Dividend for the Financial Year 2021-22.3 for0 against
- Approved re-appointment of Shri Kamlesh S. Vikamsey (DIN: 00059620), as a Director, who retired by rotation and being eligible had offered himself for re-appointment3 for0 against
- Approved re-appointment of Shri Raju H.Gala (DIN:02096613),as a Dirrector ,who retired by rotation and being eligible had offered himself for re-appointment3 for0 against
- Approved re-appointment of Shri Anil D Gala (DIN:00092952) as a Director ,who retired by rotation and being eligible had offered himself for re-appointment.3 for0 against
- Approved the appointment of Shri K. I. Viswanathan (DIN: 09572232), as Director and Independent Director by way of an Special Resolution.3 for0 against
Approved the re-appointment of M/s. N.A. Shah Associates LLP, Chartered Accountants (Firm Registration No. 116560W/W100149) as Statutory Auditors of the Company for a second term of 5 (five) consecutive years from the conclusion of the 36th Annual General Meeting until the conclusion of the 41st Annual General Meeting to be held in the year 2027 by way of an Ordinary Resolution.MoreLess
3 for0 against
Mutual fund votes, meeting of 29 Sep 2021, 4 fund houses
6 proposals
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
To Receive, consider and adopt the: na) Audited Financial Statement of the Company for the Financial Year ended 31st March, 2021 including the Audited Balance Sheet as at 31st March, 2021 and Statement of Profit and Loss for the year ended on that date together with Reports of Board of Directors and Independent Auditors thereon; and nb) Audited Consolidated Financial Statement of the Company for the Financial Year ended 31st March, 2021 including the Audited Consolidated Balance Sheet as at 31st March, 2021 and the Consolidated Statement of Profit and Loss for the year ended on that date together with Report of Independent Auditors thereon.MoreLess
3 for0 against- To declare a dividend for the Financial Year ended 31st March, 2021.4 for0 against
- To appoint a Director in place of Shri Gnanesh D. Gala (DIN: 00093008), who retires by rotation, and being eligible, offers himself for re-appointment.4 for0 against
- To appoint a Director in place of Shri Bipin A. Gala (DIN: 00846625), who retires by rotation, and being eligible, offers himself for re-appointment.4 for0 against
- To appoint a Director in place of Shri Anil Swarup (DIN: 08502196), who retires by rotation, and being eligible, offers himself for re-appointment.4 for0 against
1 proposal not matched to one resolution
- Accept Financial Statements and Statutory Reports1 for0 against
Mutual fund votes, meeting of 28 Sep 2020, 3 fund houses
7 proposals
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
Receive, consider and adopt the: na) Audited Financial Statement of the Company for the Financial Year ended 31st March, 2020 including the Audited Balance Sheet as at 31st March, 2020 and Statement of Profit and Loss for the year ended on that date together with Reports of Board of Directors and Independent Auditors thereon and nnb) Audited Consolidated Financial Statement of the Company for the Financial Year ended 31st March, 2020 including the Audited Consolidated Balance Sheet as at 31st March, 2020 and the Consolidated Statement of Profit and Loss for the year ended on that date together with Report of Independent Auditors thereon.MoreLess
1 for0 against1 abstained
- Confirm the payment of two Interim Dividends declared on equity shares for the financial year 2019-20 as final dividend.2 for0 against
1 abstained
- Re-appointment of Shri Shailendra J. Gala (DIN: 00093040), who retires by rotation, and being eligible, offers himself for re-appointment.2 for0 against
1 abstained
- Re-appointment of Shri Raju H. Gala (DIN: 02096613), who retires by rotation, and being eligible, offers himself for re-appointment.2 for0 against
1 abstained
- Re-appointment of Shri Nilesh S. Vikamsey (DIN: 00031213), who retires by rotation, and being eligible, offers himself for re-appointment.2 for0 against
1 abstained
- Regularization of Additional Director, Shri Anil Swarup (DIN: 08502186) by appointing him as Director of the Company2 for0 against
1 abstained
1 proposal not matched to one resolution
- Accept Financial Statements and Statutory Reports1 for0 against
Mutual fund votes, meeting of 24 Jul 2019, 3 fund houses
10 proposals
Receive , consider and adopt the : Audited Financial Statement of the Company for the Financial Year ended 31st March,2019 and the Reports of Board of Directors and Independent Auditors thereon; and (b) Audited Consolidated Financial Statements of the Company for the Financial Year ended 31st March,2019 and the Report of Independent Auditors thereon.MoreLess
2 for0 against1 abstained
- 2) Declaration of dividend for the financial year ended 31st March, 20192 for0 against
1 abstained
- 3) Re-appointment of Shri Bipin A.Gala (DIN: 00846625),who retired by rotation and being eligible had offered himself for re-appointment2 for0 against
1 abstained
- 4) Re-appointment of Shri Anil D. Gala (DIN: 00092952),who retired by rotation and being eligible had offered himself for re-appointment2 for0 against
1 abstained
- 5) Re-appointment of Shri Kamlesh S.Vikamsey (DIN: 00059620),who retired by rotation and being eligible had offered himself for re-appointment.2 for0 against
1 abstained
- 6) Re-appointment of Shri Mohinder Pal Bansal(DIN: 01626343) as an Independent Director for a second term of 5(five) consecutive years.2 for0 against
1 abstained
- 7) Re-appointment of Shri Tushar K Jani(DIN: 00192621) as an Independent Director for a second term of 5(five) consecutive years.2 for0 against
1 abstained
- 8) Re-appointment of Smt Usha Laxman(DIN: 02765647) as an Independent Director for a second term of 5(five) consecutive years2 for0 against
1 abstained
- 9) Re-appointment of Dr.Vijay B. Joshi (DIN: 06705634) as an Independent Director for a second term of 5(five) consecutive years2 for0 against
1 abstained
- 10) Re-classification of some of the persons forming part of Promoter Group from ‘Promoter & Promoter Group Category’ to ‘Public Category’.2 for0 against
1 abstained
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
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- Yes
- The chair is related to the managing director
- No
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- No
- There was a cyber security incident in the quarter
- Yes
The company's own answers in its filing.