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Indore-based EKI Energy Services statutory auditor removal draws flak    |    SEBI on steroids    |    'Is it ethically proper for a cardiologist to be on the board of a fast food company?' asks proxy advisory firm SES    |    PTC India CMD Mishra's appointment backed by PSU promoters despite regulatory scrutiny    |    Who will compensate Adani investors?    |   
Pillars of SES


    We do not have any material association with listed firms. Our employees do not hold directorships at listed companies. This helps us maintain our independence and provide unbiased advice to clients. We do not accept assignments that may have a potential conflict with our objectives.

    Conflict Management

    We provide governance advisory services to investors at listed companies. To remove any conflict of interests, we do not have any material pecuniary or advisory relationship with listed companies. We have internal controls for interactions with listed firms and maintain a clear audit trail.

    Non for Profit

    SES has adopted a not-for-profit business model to eliminate any perceived compromise with independence and to mitigate any potential conflict of interests. Our business model ensures that we place clients’ interests above our own and treat each client equally.


    Our diverse and independent advisory board guides our policy making process which ensures that our policies are transparent and take opinions of all stakeholders into accounts. We disclose all non-material relationships with listed firms on our website and use only public information for analysis.

Adani Group: A Fact Check

This report is neither an attempt to adjudicate nor an attempt to pronounce...

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PAYTM BUYBACK – Critical Analysis

Paytm, via a stock exchange announcement on 8th December, 2022, announced a...

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Name Date Type
Brookfield India 01-10-2023 PB
Kothari Indl 30-09-2023 AGM
Soni Medicare 30-09-2023 AGM
Apex Frozen 30-09-2023 AGM
PG Electro. 30-09-2023 AGM
Vardhman Textile 30-09-2023 AGM
Rel. Comm. 30-09-2023 AGM
G M D C 30-09-2023 AGM
Shriram Properties 30-09-2023 AGM
Anupam Rasayan 30-09-2023 AGM
MEP Infrast. 30-09-2023 AGM
View More
September 2023
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Note: Postal Ballot as per Voting Deadline

Our Services
Proxy Advisory
SES advises investors how to vote on the range of matters that require shareholder approval at listed companies in their investment portfolio. We carefully review the board candidates, auditors being appointed and other management proposals to provide unbiased and independent recommendations to shareholders. Our services help investors engage with managements and boards in a constructive manner and take informed voting actions.
Governance Research
SES is at the forefront of governance thought leadership and provides cutting edge corporate governance research to the investment community. We conduct in-depth and robust analysis to identify governance issues plaguing companies, transactions, sectors and even the broader markets.
ESG Score
SES has created an ESG ScoreModel through which it analyses and gives score to a Company’s ESG Factors. SES prepares a Report based on its analysis on such Company’s ESG practices. SES covers all significant aspects associated with a Company to analyse its ESG factors. Each parameter of ESG factors analysed is not only based on mandatory legal requirements to be followed by listed Indian Companies but also based on the principles established by UN and Global Reporting Initiative and the best practices followed around the World.
It is an online proxy and vote management system. It provides an end to end proxy solution to investors – from accessing proxy reports and voting advice to recording votes and generating customized MIS reports. User can create customized portfolio and watch lists, monitor shareholders’ meetings (AGM, EGM, CCM, Postal Ballots) in their portfolio, set customized meeting and voting alerts. Access annual reports, notices and outcomes of meetings, view SES voting recommendations, access SES governance scores and research reports and connect with SES analyst team.
About Us
To create an empowered investment community where all stakeholders including creditors, shareholders, management, employees and society at large are treated in a fair and just manner.
Stakeholders Empowerment Services is a Corporate Governance research and advisory firm. It is the first Company to register as Proxy Advisor under SEBI (Research Analysts) Regulations, 2014 with registration number INH000000016. SES believes that active participation of stakeholders in the Corporate Governance is a prerequisite for the Company's long-term sustainable growth. Therefore, SES works with investors to help them analyze governance practices prevalent at listed companies, educate them on matters that pertain to Corporate Governance and empower them through governance tools that facilitate meaningful participation in Corporate Governance.