Rajesh Exports CEO, chairman, board of directors and AGM

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

• Adoption of Financials 2022-23

  ›Against Groww Mutual Fund, Motilal Oswal Mutual Fund, Nippon India Mutual Fund

  • Groww Mutual Fund, Motilal Oswal Mutual FundUnqualified Financial Statements. Non-Compliant with Companies Act, 2013 and SEBI LODR Regulations: Non-disclosure of financial statements of subsidiary company. Governance Concern: Wrong classification of Interest Income.
  • Nippon India Mutual FundInadequate disclosure

  4 for3 against
• Approval of Dividend

  ›Against Groww Mutual Fund, Motilal Oswal Mutual Fund, Nippon India Mutual Fund

  • Groww Mutual Fund, Motilal Oswal Mutual FundSufficient funds available. Governance Concern is raised on adoption of Standalone financial statements of the Company under resolution #1; dividend, being appropriation post approval of accounts, cannot be paid if accounts are not voted FOR.
  • Nippon India Mutual FundInadequate disclosure

  6 for3 against
• Appointment of Auditors

  ›Against Groww Mutual Fund, Mirae Asset Mutual Fund, Motilal Oswal Mutual Fund, Nippon India Mutual Fund, Zerodha Mutual Fund

  • Groww Mutual Fund, Motilal Oswal Mutual FundNon-Compliant with Companies Act, 2013: Proposed Term not of 5 years; Non-Compliant with SEBI LODR Regulations: Proposed fees and Credentials of auditors not disclosed.
  • Mirae Asset Mutual FundAs per advisory recommendation (passive holding)
  • Nippon India Mutual FundInadequate disclosure
  • Zerodha Mutual FundNon-Compliant with Companies Act, 2013: Proposed Term not of 5 years;

  2 for5 against
• Reappointment of Director

  ›Against Groww Mutual Fund, Motilal Oswal Mutual Fund, Nippon India Mutual Fund

  • Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with Law. Governance Concern: Holding positions of Board Chairperson and Executive Director may lead to concentration of power in the hands of a single person.
  • Nippon India Mutual FundHolding Combined Position

  4 for3 against
• Appointment of Executive Director

  ›Against Groww Mutual Fund, Mirae Asset Mutual Fund, Motilal Oswal Mutual Fund, Nippon India Mutual Fund, SBI Mutual Fund, Zerodha Mutual Fund

  • Groww Mutual Fund, Motilal Oswal Mutual FundNon-Compliant with SEBI LODR Regulations: Delayed approval of shareholders; Non-Compliant with Secretarial Standards: Inadequate Disclosures
  • Mirae Asset Mutual FundAs per advisory recommendation (passive holding)
  • Nippon India Mutual FundInadequate disclosure
  • SBI Mutual FundSuresh Kumar Sarojamma Linge Gowda, 57, is an expert in the Jewellery retail business. He has over two decades of experience in the jewellery industry. He is a graduate. While his appointment is in line with statutory requirements, given his designation as MD, we believe the company must disclose granular details regarding his previous work experience. In the absence of this information, we are unable to support his appointment.
  • Zerodha Mutual FundNon-Compliant with SEBI LODR Regulations: Delayed approval of shareholders; Non-Compliant with Secretarial Standards

  3 for6 against
• Appointment of Managing Director

  ›Against Groww Mutual Fund, Mirae Asset Mutual Fund, Motilal Oswal Mutual Fund, Nippon India Mutual Fund, SBI Mutual Fund, Zerodha Mutual Fund

  • Groww Mutual Fund, Motilal Oswal Mutual FundNon-Compliant with SEBI LODR Regulations: Delayed approval of shareholders; Non-Compliant with Secretarial Standards: Inadequate Disclosures.
  • Mirae Asset Mutual FundAs per advisory recommendation (passive holding)
  • Nippon India Mutual FundInadequate disclosure
  • SBI Mutual FundAs per his current terms of appointment, we estimate his annual remuneration to be Rs. 186,816, excluding other perquisites. We believe that his remuneration is low for the size of the company and the complexity of their operations. He is a professional and we expect his remuneration to be benchmarked to market standards. We believe the Managing Director’s remuneration must be aligned to company performance. The company must articulate the reasons for overall low board compensation and low individual employee compensation levels in general. Further, the company must clarify if he is being paid remuneration from any other sources. Given this, we are unable to support his remuneration.
  • Zerodha Mutual FundNon-Compliant with SEBI LODR Regulations: Delayed approval of shareholders; Non-Compliant with Secretarial Standards

  3 for6 against

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

• Adoption of Financial Statements

  ›Against Mirae Asset Mutual Fund, Nippon India Mutual Fund

  • Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
  • Nippon India Mutual FundNon-disclosure of latest financial statements of Subsidiaries on the website

  3 for2 against
• Confirming the dividend

  4 for0 against
• Appointment of Auditors

  ›Against Mirae Asset Mutual Fund, Nippon India Mutual Fund

  • Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
  • Nippon India Mutual FundInadequate disclosure

  3 for2 against
• Reappointment of director retiring

  ›Against Mirae Asset Mutual Fund

  • Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)

  3 for1 against
• Appointment of Independent Director

  ›Against Mirae Asset Mutual Fund, Nippon India Mutual Fund

  • Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
  • Nippon India Mutual FundShareholder's approval not obtained on time for appointment of director

  3 for2 against

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

• To receive, consider and adopt the Consolidated and Standalone Financial Statements for the year ended 31st March 2021 as at that date together with the reports of the Directors and Auditors thereon. (Ordinary Resolution)nnnnnnnnnnnTo receive consider and adopt the consolidated and standalone financial statement for the year ended 31st March, 2021MoreLess

  4 for0 against
• To confirm the dividend of Financial year 2020-2021

  2 for0 against
• To appoint auditors and fix their remuneration

  4 for0 against
• To appoint a director in place of Mr. Prashant Mehta who reitres by rotation in terms of Section 152(6) of Companies Act, 2013 and being eligible offers himself for re appointment

  4 for0 against
• Appointment of Mrs. Asha Mehta as a Non executive Independent woman director of the company

  4 for0 against

• Re-appoint Mr.Rajesh Mehta (DIN: 00336457), as Chairman of the Company for a term of five years starting from February 1, 2020

  0 for0 against

  1 abstained

• Re-appointment of Mr. Rajesh Mehta (DIN: 00336457), as Chairman of the Company for a term of five years starting from February 1, 2020.

  0 for0 against

  1 abstained

• Re-appointment of Ms. Vijaya Lakhsmi (DIN- 07146096), Independent Director of the Company, for a second term under the provisions of the Companies Act, 2013.

  0 for0 against

  2 abstained

• Reappoint Mr.Prashanth Mehta, (DIN 00336417) as Managing Director of the Company for a term of five years starting from February 1, 2020

  0 for0 against

  1 abstained

• Reappointment of Mr. Prashanth Mehta, (DIN 00336417) as Managing Director of the Company for a term of five years starting from February 1, 2020.

  0 for0 against

  1 abstained

• To appoint a director in place of Mr. Rajesh Mehta, who retires by rotation in terms of Section 152(6) of Companies Act, 2013 and being eligible offers himself for re-appointment.

  0 for0 against

  3 abstained

• To appoint auditors and fix their remuneration.

  0 for0 against

  2 abstained

• To appoint Statutory Auditors and fix their remuneration.

  0 for0 against

  1 abstained

• To confirm the dividend for the financial year 2019-20.

  0 for0 against

  2 abstained

• To confirm the dividend of Re.1.00 per equity share for the financial year 2019-20.

  0 for0 against

  1 abstained

• To re-appoint Mr. Rajesh Mehta (DIN: 00336457), as Chairman of the Company for a term of five years starting from February 1, 2020 and to fix remuneration

  0 for0 against

  1 abstained

• To re-appoint Ms. Vijaya Lakhsmi (DIN- 07146096), as Independent Director of the Company to hold office for five consecutive years with effect from April 1, 2020, whose office shall not be liable to retire by rotation.MoreLess

  0 for0 against

  1 abstained

• To reappoint Mr.Prashanth Mehta, (DIN 00336417) as Managing Director of the Company for a term of five years starting from February 1, 2020 and to fix remuneration

  0 for0 against

  1 abstained

• To receive, consider and adopt the Consolidated and Standalone Financial Statements for the year ended 31st March 2020 as at that date together with the reports of the Directors and Auditors thereon.

  0 for0 against

  3 abstained

• ORDINARY - Ordinary Resolution for adoption of the Consolidated and Standalone Financial Statements for the year ended 31st March 2019 together with the reports of the Directors and Auditors thereon.

  0 for0 against

  2 abstained

• ORDINARY - Ordinary Resolution for declaration of dividend for the financial year 2018-19.

  0 for0 against

  2 abstained

• ORDINARY - Ordinary Resolution to ratify re-appointment of auditors and fix their remuneration.

  0 for0 against

  2 abstained

• ORDINARY - Ordinary Resolution to appoint a director in place of Mr. Prashant Mehta, who retires by rotation in terms of Section 152(6) of Companies Act, 2013 and being eligible offers himself for re- appointment.MoreLess

  0 for0 against

  2 abstained

• ORDINARY - Ordinary Resolution to approve the appointment of Joseph T D as Non Independent and Non-executive Director.

  0 for0 against

  2 abstained

• To appoint a director in place of Mr. Rajesh Mehta, who retires by rotation in terms of Section 152(6) of Companies Act, 2013 and being eligible offers himself for re-appointment.

  0 for0 against

  1 abstained

• To appoint auditors and fix their remuneration

  0 for0 against

  1 abstained

• To confirm the dividend for the financial year 2017-18.

  0 for0 against

  1 abstained

• To receive, consider and adopt the Consolidated and Standalone Financial Statements for the year ended 31st March 2018 as at that date together with the reports of the Directors and Auditors thereon.

  0 for0 against

  1 abstained