South West Pinnacle Exploration logo

South West Pinnacle Exploration MD, chairman and AGM

NSE: SOUTHWESTBSE: 543986Commercial Services & SuppliesSmall Cap

South West Pinnacle Exploration Limited · Face value ₹10 · Listed Feb 2018 on NSE, Oct 2023 on BSE · Issue price ₹78
Last close ₹179.68up ₹5.70 (3.28%)BSE ₹179.60

Share price at the NSE close on 27 Oct 2026. Previous close ₹173.98.

27 Oct: open ₹176.71, high ₹181.71, low ₹175.50

52-week range of traded prices to 27 Oct 2026
₹138.05Low, 27 Oct 2025₹275.00High, 1 Jun 2026
Market cap
₹587 Cr1,727th largest listed
P/E
14.68
P/B
Shares changed
Dividend yield
Nonein the last 12 months
ROE
21.4%
ROCE
19.5%
Debt to equity
0.39
Volume, NSE
83,62443.5% delivered

South West Pinnacle Exploration's chairperson and managing director is VIKAS JAIN and its managing director PIYUSH JAIN, as filed for the quarter to Jun 2026. Its latest annual general meeting was on 28 Sep 2026.

South West Pinnacle Exploration board of directors

At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • Chairperson and managing directorVIKAS JAIN
  • Managing directorPIYUSH JAIN
  • Company Secretary and Compliance OfficerVAISHALI

6 directors3 independent2 executive1 non-executive

  • VIKAS JAIN · Chairperson and managing directorExecutive · joined Nov 2006 · reappointed Nov 2023 · 1 listed board · 2 committee seats
  • PIYUSH JAIN · Managing directorExecutive · joined Nov 2009 · reappointed Nov 2023 · 1 listed board · 1 committee seat
  • HARI NARAIN SINGH RAJPOOTIndependent · joined Jun 2024 · reappointed Jun 2024 · 24 months as independent · 3 listed boards · 1 as independent · 6 committee seats, 4 as chair
  • MEENAKSHI ANANDIndependent · joined Aug 2023 · reappointed Aug 2023 · 34 months as independent · 1 listed board · 1 as independent
  • SHIVI SABHARWALIndependent · joined Aug 2023 · reappointed Aug 2023 · 34 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
  • RAJENDRA PRASAD RITOLIANon-executive · joined Aug 2024 · reappointed Aug 2024 · 22 months as independent · 3 listed boards · 2 as independent · 2 committee seats, 1 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

    • 4 May 20266 of 6 present3 independent · 39 days in between
    • 25 Mar 20264 of 6 present2 independent · 43 days in between
    • 9 Feb 20266 of 6 present3 independent
  • Audit Committee

    Chair HARI NARAIN SINGH RAJPOOT

    SHIVI SABHARWAL, VIKAS JAIN

    • 4 May 20263 of 3 present2 independent · 83 days in between
    • 9 Feb 20263 of 3 present2 independent
  • Nomination and remuneration committee

    Chair MEENAKSHI ANAND

    VIKAS JAIN, SHIVI SABHARWAL

    No meeting listed in the filing.

  • Stakeholders Relationship Committee

    Chair SHIVI SABHARWAL

    VIKAS JAIN, PIYUSH JAIN

    No meeting listed in the filing.

  • Corporate Social Responsibility Committee

    Chair MEENAKSHI ANAND

    VIKAS JAIN, PIYUSH JAIN

    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 Jun 2026.

  • DOOGAR & ASSOCIATESPeer-review certificate valid to Mar 2028
1 earlier auditor
  • DOOGAR &ASSOCIATESNamed in the filing for the quarter to Jun 2025

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.

South West Pinnacle Exploration 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.South West Pinnacle Exploration dividend history

Annual general meeting, 28 Sep 2026

16,257 shareholders on the register on 21 Sep 2026; present: 6 promoters and 64 others; votes counted by KRISHNA KUMAR SINGH / KKS & ASSOCIATES.The company's voting result

  1. Consideration and Adoption of Standalone & Consolidated Audited Financial Statements of the company for the financial year ended on 31st March, 2026 and reports of the Board of Directors and Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 63.26% · promoters 100.00% · institutions 0.00% · other public 8.31%

  2. Appoint a Director in place of Mr. Rajendra Prasad Ritolia (DIN: 00119488), who retires by rotation, and being eligible, offers himself for re-appointment
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 63.26% · promoters 100.00% · institutions 0.00% · other public 8.31%

  3. Re-Appointment of Mr. Vikas Jain (DIN: 00049217) as Chairman & Managing Director of the Company.
    SpecialPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 63.26% · promoters 100.00% · institutions 0.00% · other public 8.31%

  4. Re-Appointment of Mr. Piyush Jain (DIN: 00049319) as Joint Managing Director of the Company
    SpecialPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 63.26% · promoters 100.00% · institutions 0.00% · other public 8.31%

  5. Re-Appointment of Mrs. Meenakshi Anand (DIN: 01937203) as an Independent Director of the Company.
    Special
    100.00% for0.00% against

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

    Turnout: all 63.26% · promoters 100.00% · institutions 0.00% · other public 8.31%

  6. Re-Appointment of Mrs. Shivi Sabharwal (DIN:08792827) as an Independent Director of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.00%

    Turnout: all 63.26% · promoters 100.00% · other public 8.31%

  7. Re-Appointment of Mr. Rajendra Prasad Ritolia (DIN: 00119488) as Non-Executive Director of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.00%

    Turnout: all 63.26% · promoters 100.00% · other public 8.31%

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, 26 Sep 2025, 3 resolutions

9,600 shareholders on the register on 19 Sep 2025; present: 6 promoters and 61 others; votes counted by MR KRISHNA KUMAR SINGH / KKS & ASSOCIATES.The company's voting result

  1. Consideration and Adoption of Standalone & Consolidated Audited Financial Statements of the company for the financial year ended on 31st March, 2025 and reports of the Board of Directors and Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.09%

    Turnout: all 69.05% · promoters 100.00% · institutions 0.00% · other public 0.63%

  2. To appoint a Director in place of Mr. Rajendra Prasad Ritolia (DIN: 00119488), who retires by rotation, and being eligible, offers himself for re-appointment
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.09%

    Turnout: all 69.05% · promoters 100.00% · institutions 0.00% · other public 0.63%

  3. To appointment of Mr. Baladeva Chitranjan (FCS 6045), Practicing Company Secretaries (COP. 7387) as Secretarial Auditors of the Company and To fix remuneration.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.09%

    Turnout: all 69.28% · promoters 100.00% · institutions 0.00% · other public 0.64%

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

Extraordinary general meeting, 2 Jan 2025, 3 resolutions

9,888 shareholders on the register on 26 Dec 2024; present: 6 promoters and 26 others; votes counted by Krishna Kumar Singh / KKS & Associates.The company's voting result

  1. Alteration/Addition of Articles of Association of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.01%

    Turnout: all 73.74% · promoters 100.00% · other public 0.49%

  2. Issuance of Equity Shares to the Non-Promoter Categories of Persons, on Preferential Basis
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.00%

    Turnout: all 73.74% · promoters 100.00% · other public 0.49%

  3. Issuance of Convertible Warrants to Promoter & Non-Promoter Categories of Persons, on Preferential Basis
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · other public 0.01%

    Turnout: all 73.74% · promoters 100.00% · other public 0.49%

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 Sep 2024, 6 resolutions

Present: 6 promoters and 33 others.

  1. Consideration and Adoption of Standalone & Consolidated Audited Financial Statements of the company for the financial year ended on 31st March, 2024 and reports of the Board of Directors and Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 73.78% · promoters 100.00% · institutions 0.00% · other public 0.66%

  2. To declare the final dividend of Rs. 0.50 per equity shares of Rs. 10/- each for the financial year ended March 31, 2024
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 73.78% · promoters 100.00% · institutions 0.00% · other public 0.66%

  3. Re-appointment of Statutory Auditor of the Company & to fix their remuneration
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 73.78% · promoters 100.00% · institutions 0.00% · other public 0.66%

  4. Approval to the appointment of Mr. Rajendra Prasad Ritolia (DIN: 00119488) as a Non-Executive (Professional) Director of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 73.78% · promoters 100.00% · institutions 0.00% · other public 0.66%

  5. Approval to the appointment of Mr. Hari Narain Singh Rajpoot (DIN: 00080836) as an Independent Director of the Company
    Special
    100.00% for0.00% against

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

    Turnout: all 73.78% · promoters 100.00% · institutions 0.00% · other public 0.66%

  6. Addition of new object in the object clause and consequent alteration in the Memorandum of Association of the Company
    Special
    100.00% for0.00% against

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

    Turnout: all 73.78% · promoters 100.00% · institutions 0.00% · other public 0.66%

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 2023, 8 resolutions

Present: 6 promoters and 21 others.

  1. Consideration and Adoption of Standalone & Consolidated Audited Financial Statements of the company for the financial year ended on 31st March, 2023 and reports of the Board of Directors and Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 77.16% · promoters 100.00% · institutions 0.00% · other public 9.79%

  2. Declaration of Final Dividend of Rs. 0.50/- per Equity Shares of Rs. 10/- each declared by the Board of Directors in their meeting held on May 28, 2023 for the Financial Year ended March 31, 2023.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 77.16% · promoters 100.00% · institutions 0.00% · other public 9.79%

  3. Appointment of Director in place of Mr. Roger James Lord (DIN: 00952295), who retire by rotation and being eligible, offer himself for re-appointment.
    Ordinary
    99.88% for0.12% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.69%

    Turnout: all 77.16% · promoters 100.00% · institutions 0.00% · other public 9.79%

  4. Re-appointment of Mr. Vikas Jain (DIN: 00049217) as Chairman & Managing Director of the company
    SpecialPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 2.48% · promoters 0.00% · institutions 0.00% · other public 9.79%

  5. Re-Appointment of Mr. Piyush Jain (DIN: 00049319) as Joint Managing Director of the company
    SpecialPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 2.48% · promoters 0.00% · institutions 0.00% · other public 9.79%

  6. Appointment of Mrs. Meenakshi Anand (DIN: 01937203) as an Independent Director of the company
    Special
    100.00% for0.00% against

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

    Turnout: all 77.16% · promoters 100.00% · institutions 0.00% · other public 9.79%

  7. Appointment of Mrs. Shivi Sabharwal (DIN: 08792827) as an Independent Director of the company
    Special
    100.00% for0.00% against

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

    Turnout: all 77.16% · promoters 100.00% · institutions 0.00% · other public 9.79%

  8. Continuation of Directorship of Mr. Rajendra Prasad Ritolia (DIN:00119488) as an Independent Director of the company
    Special
    99.88% for0.12% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.68%

    Turnout: all 77.16% · promoters 100.00% · institutions 0.00% · other public 9.79%

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 2022, 4 resolutions

Present: 4 promoters and 22 others.

  1. Consideration and Adoption of Standalone & Consolidated Audited Financial Statements of the company for the financial year ended on 31st March, 2022 and reports of the Board of Directors and Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 75.05% · promoters 100.00% · institutions 0.00% · other public 1.46%

  2. Declaration of Final Dividend of Rs. 0.50/- per Equity Shares of Rs. 10/- each recommended by the Board of Directors in their meeting held on May 23, 2022 for the Financial Year ended March 31, 2022.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 75.05% · promoters 100.00% · institutions 0.00% · other public 1.46%

  3. Appointment of Director in place of Mr. Roger James Lord (DIN: 00952295), who retire by rotation and being eligible, offer himself for re-appointment
    Ordinary
    99.88% for0.12% against

    Against: promoters 0.00% · institutions 0.00% · other public 25.26%

    Turnout: all 75.05% · promoters 100.00% · institutions 0.00% · other public 1.46%

  4. Re-aappointment of Mr. Roger James Lord (DIN:00952295) as Non-Executive Director of the company
    Special
    99.88% for0.12% against

    Against: promoters 0.00% · institutions 0.00% · other public 25.26%

    Turnout: all 75.05% · promoters 100.00% · institutions 0.00% · other public 1.46%

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, 29 Sep 2021, 7 resolutions

Present: 6 promoters and 32 others.

  1. Consider and adoption of Standalone & Consolidated Audited Financial Statements of the Company for the Financial year ended on March 31, 2021 together with the Reports of the Board of Directors and the Auditors¿ thereonMoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 75.27% · promoters 100.00% · institutions 0.00% · other public 2.32%

  2. Declaration of Final Dividend of Rs. 0.50/- per Equity Shares of Rs. 10/- each recommended by the Board of Directors in their meeting held on June 09, 2021 for the Financial Year ended March 31, 2021¿
    Ordinary
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.91%

    Turnout: all 75.27% · promoters 100.00% · institutions 0.00% · other public 2.32%

  3. Appointment of Director in place of Mr. Roger James Lord (DIN: 00952295), who retire by rotation and being eligible, offer himself for re-appointment
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 75.27% · promoters 100.00% · institutions 0.00% · other public 2.32%

  4. Appointment of Mr. Roger James lord (DIN:00952295) as Non-Executive Director of the company¿
    Ordinary
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.91%

    Turnout: all 75.27% · promoters 100.00% · institutions 0.00% · other public 2.32%

  5. Re-appointment of Mr. Rajendra Prasad Ritolia (DIN: 00119488) as an Independent Director of the company
    Special
    100.00% for0.00% against

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

    Turnout: all 75.27% · promoters 100.00% · institutions 0.00% · other public 2.32%

  6. Increase in authorised share capital of the company and consequent alteration in the Memorandum of Association
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 75.27% · promoters 100.00% · institutions 0.00% · other public 2.32%

  7. Consider and approve borrowing limit of the company u/s 180(1)(c) of the Companies Act, 2013¿
    Special
    100.00% for0.00% against

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

    Turnout: all 75.27% · promoters 100.00% · institutions 0.00% · other public 2.32%

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, 7 resolutions

Present: 3 promoters and 23 others.

  1. Consideration and Adoption of Audited Financial Statements (Standalone & Consolidated) of the company for thenfinancial year ended on 31st March, 2020 and reports of the Board of Directors and Auditors thereonMoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.42%

    Turnout: all 75.54% · promoters 100.00% · institutions 0.00% · other public 3.40%

  2. To declare a Dividend for the financial year ended March 31, 2020 to non promoter shareholders of the company of Rs. 0.50 per Equity Share of Rs. 10/- each, fully paid-up
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.42%

    Turnout: all 75.54% · promoters 100.00% · institutions 0.00% · other public 3.40%

  3. To resolve not to fill the vacancy for the time being in the Board, caused by the retirement of Mr. Roger James Lord (DIN:00952295) who retires by rotation at the conclusion of this meeting, but does not seek reappointmentMoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.42%

    Turnout: all 75.54% · promoters 100.00% · institutions 0.00% · other public 3.40%

  4. Re-Appointment of Mr. Vikas Jain (DIN: 00049217) as Chairman & Managing Director of the Company
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.42%

    Turnout: all 75.54% · promoters 100.00% · institutions 0.00% · other public 3.40%

  5. Re-Appointment of Mr. Piyush Jain (DIN: 00049319) as Joint Managing Director of the Company
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.42%

    Turnout: all 75.54% · promoters 100.00% · institutions 0.00% · other public 3.40%

  6. Re-Appointment of Mr. Jitendra Kumar Mishra (DIN: 07983426) as an Independent director of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.42%

    Turnout: all 75.54% · promoters 100.00% · institutions 0.00% · other public 3.40%

  7. Re-Appointment of Mrs. Sudha Maheshwari (DIN: 06784093) as an Independent director of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.42%

    Turnout: all 75.54% · promoters 100.00% · institutions 0.00% · other public 3.40%

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

Tax disputes

Reported in the filing for the quarter to Jun 2026.

  • Tax disputeIncome TaxSince 13 Feb 2026
    Appeal of swpe allowed and matter is over
    At the filing before: Appeal for AY 2010-11 is pending with ITAT Delhi and hearing have not Commenced yet.

In the company's own words, from its latest governance filing.

Investor complaints and compliance

Quarter by quarter.

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

  • Received
  • Resolved
00Dec 2400Mar 2500Jun 2500Sep 2500Dec 2500Mar 2600Jun 26

Open at the quarter's end

0Dec 240Mar 250Jun 250Sep 250Dec 250Mar 260Jun 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
No
The chair is related to the managing director
Yes
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
Yes
There was a cyber security incident in the quarter
No

The company's own answers in its filing.

How money raised was used

Reported for the quarter to Mar 2025. The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it. A preferential issue sells new shares to chosen investors rather than to the public. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far.

RaisedAmount raisedForSet asideSpentSpent elsewhereReason and comments
Preferential IssuesFeb 202534.81––NoAudit committee: NOAuditors: NO
₹ crore. Checked by is the agency appointed to monitor how the money is used. The reason and the comments are the company's, its audit committee's and its auditors' own words.