Nuvoco Vistas Corporation Ltd

Integrated Filing — Corporate Governance (NSE XBRL)

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Filing Summary

Company
Nuvoco Vistas Corporation Limited
Symbol
NUVOCO
Quarter Ended
31-Mar-2026
Submission
New

General Disclosures

Additional Disclosure Date
29-Apr-2026
Additional Disclosure Designation
CFO
Additional Disclosure Name Of Signatory
Maneesh Agrawal
Additional Disclosure Place
Mumbai
Advertisements As Per Regulation471
Yes
Affirmations
All loans (or other form of debt), guarantees, comfort letters (by whatever name called) or securities in connection with any loan(s) (or other form of debt) given directly or indirectly by the listed entity to promoter(s), promoter group, director(s) (including their relatives), key managerial personnel (including their relatives) or any entity controlled by them are in the economic interest of the company.
Aggregate Amount Advanced During Six Months Of Any Loan Or Any Other Form Of Debt To KM Ps Or Any Other Entity Controlled By Them
0
Aggregate Amount Advanced During Six Months Of Any Loan Or Any Other Form Of Debt To Promoter Group Or Any Other Entity Controlled By Them
0
Aggregate Amount Advanced During Six Months Of Any Loan Or Any Other Form Of Debt To Promoter Or Any Other Entity Controlled By Them
0
Aggregate Amount Of Issuance During Six Months Of Any Guarantee Or Comfort To KM Ps Or Any Other Entity Controlled By Them
0
Aggregate Amount Of Issuance During Six Months Of Any Guarantee Or Comfort To Promoter Group Or Any Other Entity Controlled By Them
0
Aggregate Amount Of Issuance During Six Months Of Any Guarantee Or Comfort To Promoter Or Any Other Entity Controlled By Them
0
Aggregate Value Of Security Provided During Six Months Of Security In Connection With Loan Or Any Other Debt Avail By KM Ps Or Any Other Entity Controlled By Them
0
Aggregate Value Of Security Provided During Six Months Of Security In Connection With Loan Or Any Other Debt Avail By Promoter Group Or Any Other Entity Controlled By Them
0
Aggregate Value Of Security Provided During Six Months Of Security In Connection With Loan Or Any Other Debt Avail By Promoter Or Any Other Entity Controlled By Them
0
Annual Return As Provided Under Section92Of The Companies Act2013
Yes
Approval For Material Related Party Transactions
Not Applicable
Approval Of The Board And Shareholders For Compensation Or Profit Sharing
Not Applicable
Audio Or Video Recordings And Transcripts Of Post Earinings Or Quarterly Calls
Yes
Balance Outstanding At The End Of Six Months Any Loan Or Any Other Form Of Debt To KM Ps Or Any Other Entity Controlled By Them
0
Balance Outstanding At The End Of Six Months Any Loan Or Any Other Form Of Debt To Promoter Group Or Any Other Entity Controlled By Them
0
Balance Outstanding At The End Of Six Months Any Loan Or Any Other Form Of Debt To Promoter Or Any Other Entity Controlled By Them
0
Balance Outstanding At The End Of Six Months Of Any Guarantee Or Comfort To KM Ps Or Any Other Entity Controlled By Them
0
Balance Outstanding At The End Of Six Months Of Any Guarantee Or Comfort To Promoter Group Or Any Other Entity Controlled By Them
0
Balance Outstanding At The End Of Six Months Of Any Guarantee Or Comfort To Promoter Or Any Other Entity Controlled By Them
0
Balance Outstanding At The End Of Six Months Of Security In Connection With Loan Or Any Other Debt Avail By KM Ps Or Any Other Entity Controlled By Them
0
Balance Outstanding At The End Of Six Months Of Security In Connection With Loan Or Any Other Debt Avail By Promoter Group Or Any Other Entity Controlled By Them
0
Balance Outstanding At The End Of Six Months Of Security In Connection With Loan Or Any Other Debt Avail By Promoter Or Any Other Entity Controlled By Them
0
Board Composition
Yes
Code Of Conduct
Yes
Company Remarks
The Company has not given any loans (or other form of debt), guarantees, comfort letters (by whatever name called) or securities in connection with any loan(s) (or other form of debt) directly or indirectly to promoters, promoter group, director(s) (including their relatives), key managerial personnel (including their relatives) or any entity controlled by them
Compliance Certificate
Yes
Compliance Status
Yes
Compliance With Sub Regulation3Of Regulation46With Respect To Accuracy Of Disclosures On The Website And Timely Updation
Yes
Confirmation That The Disclosures Are In A Separate Section As Specified In Sub Regulation2Of Regulation46
Yes
Credit Rating Or Revision In Credit Rating Obtained
Yes
Date Of End Of Financial Year
31-Mar-2026
Date Of End Of Reporting Period
31-Mar-2026
Date Of Signing
29-Apr-2026
Date Of Start Of Financial Year
01-Apr-2025
Designation Of Person
Company Secretary and Compliance Officer
Designation Of Person Affirmations
Company Secretary and Compliance Officer
Designation Of Person For Annual Affirmations
Company Secretary and Compliance Officer
Designation Of Person For Quartely Affirmations
Company Secretary and Compliance Officer
Details Of Agreements Entered Into With The Media Companies And Or Their Associates
Not Applicable
Details Of Business
Yes
Details Of Establishment Of Vigil Mechanism Or Whistle Blower Policy
Yes
Disclosure Of Contact Details Of KMP Who Are Authorized For The Purpose Of Determining Materiality Under Sub Regulation5Of Regulation30
Yes
Disclosure Of Notes To Annexure1Explanatory Text Block
The Board of Directors have not observed any discrepancy or provided any comments/advice on the previous quarters report (as on December 31, 2025). The report for the quarter under review i.e. March 31, 2026 will be placed before the Board at its ensuing meeting as required under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Disclosure Of Related Party Transactions On Consolidated Basis
Yes
Disclosure Web Link Of Annual Return As Provided Under Section92Of The Companies Act2013Is Placed
https://nuvoco.com/annual-reports
Disclosure Web Link Of Audio Or Video Recordings And Transcripts Of Post Earinings Or Quarterly Calls Is Placed
https://nuvoco.com/investors-corner
Disclosure Web Link Of Company At Advertisements As Per Regulation471Is Placed
https://nuvoco.com/corporate-governance
Disclosure Web Link Of Company At Dividend Distribution Policy As Per Regulation43A1Is Placed
https://admin.nuvoco.com/public/Corporate/Policies/Dividend_Distribution_Policy.pdf
Disclosure Web Link Of Company At Materiality Policy As Per Sub Regulation4Regulation30Is Placed
https://admin.nuvoco.com/public/Corporate/Policies/Policy_for_Determination_of_Materiality_of_Events_and_Information_1.pdf
Disclosure Web Link Of Company At Separate Audited Financial Statements Of Each Subsidiary Of The Listed Entity Is Placed
https://nuvoco.com/performance-highlights
Disclosure Web Link Of Company At Which Credit Rating Or Revision In Credit Rating Obtained Is Placed
https://nuvoco.com/investors-corner
Disclosure Web Link Of Company At Which Details Of Business Is Placed
https://nuvoco.com/top-cement-company; https://nuvoco.com/ready-mix-concrete; https://nuvoco.com/modern-building-materials
Disclosure Web Link Of Company At Which Details Of Establishment Of Vigil Mechanism Or Whistle Blower Policy Is Placed
https://admin.nuvoco.com/public/WhistleblowerPolicy/Whistle_Blower_Policy.pdf
Disclosure Web Link Of Company At Which Financial Results Is Placed
https://nuvoco.com/performance-highlights
Disclosure Web Link Of Company At Which Policy For Determining Material Subsidiaries Is Placed
https://admin.nuvoco.com/public/Corporate/Policies/Policy_for_Determination_of_Material_Subsidiary.pdf
Disclosure Web Link Of Company At Which Policy On Dealing With Related Party Transactions Is Placed
https://admin.nuvoco.com/public/Corporate/Policies/Policy_on_materiality_of_RPTs_and_dealing_with_RPTs.pdf
Disclosure Web Link Of Company At Which Shareholding Pattern Is Placed
https://nuvoco.com/corporate-governance
Disclosure Web Link Of Compliance With Sub Regulation3Of Regulation46With Respect To Accuracy Of Disclosures On The Website And Timely Updation Is Placed
https://nuvoco.com/corporate-governance
Disclosure Web Link Of Confirmation That The Disclosures Are In A Separate Section As Specified In Sub Regulation2Of Regulation46Is Placed
https://nuvoco.com/corporate-governance
Disclosure Web Link Of Disclosure Of Contact Details Of KMP Who Are Authorized For The Purpose Of Determining Materiality Under Sub Regulation5Of Regulation30Is Placed
https://admin.nuvoco.com/public/Corporate/Policies/Contact_Details_of_Person_authorized_to_Determine_Materiality_of_Events_or_Information-2.pdf
Disclosure Web Link Of Disclosures Under Sub Regulation8Of Regulation30Is Placed
https://nuvoco.com/corporate-governance
Disclosure Web Link Of Memorandum Of Association And Articles Of Association Is Placed
https://nuvoco.com/static/media/COI-MOA-AOA-certified.f5e6c61ed5a45e96dedb.pdf
Disclosure Web Link Of Schedule Of Analyst Or Institutional Investor Meet And Presentation Prepared By Listed Entity For Analyst Or Institutional Investor Meet Is Placed
https://nuvoco.com/investors-corner; https://nuvoco.com/corporate-governance
Disclosure Web Link Of Secretarial Compliance Report Is Placed
https://nuvoco.com/corporate-governance
Disclosures Under Sub Regulation8Of Regulation30
Yes
Dividend Distribution Policy As Per Regulation43A1
Yes
Employee Benefit Scheme Documents Framed In Terms Of SEBI Share Based Employee Benefits And Sweat Equity Regulations2021
Not Applicable
Fees Or Compensation
Yes
Financial Results
Yes
Is SCORESID Available
Yes
ISIN
INE118D01016
Market Capitalisation As Per Immediate Previous Financial Year
Top 500 listed entities
Materiality Policy As Per Sub Regulation4Regulation30
Yes
Memorandum Of Association And Articles Of Association
Yes
Minimum Information
Yes
MSEI Symbol
NOTLISTED
Name Of Signatory
Shruta Sanghavi
Name Of Signatory Affirmations
Shruta Sanghavi
Name Of Signatory For Annual Affirmations
Shruta Sanghavi
Name Of Signatory For Quartely Affirmations
Shruta Sanghavi
Name Of The Company
NUVOCO VISTAS CORPORATION LIMITED
New Name And The Old Name Of The Listed Entity
Not Applicable
Other Corporate Governance Requirements With Respect To Subsidiary Of Listed Entity
Yes
Place
Mumbai
Plans For Orderly Succession For Appointments
Yes
Policy For Determining Material Subsidiaries
Yes
Policy For Related Party Transaction
Yes
Policy On Dealing With Related Party Transactions
Yes
Recommendation Of Board
Yes
Reporting Quarter
Yearly
Review Of Compliance Reports
Yes
Risk Assessment And Management
Yes
Schedule Of Analyst Or Institutional Investor Meet And Presentation Prepared By Listed Entity For Analyst Or Institutional Investor Meet
Yes
SCORES Registration ID
N00503
Scrip Code
543334
Secretarial Compliance Report
Yes
Separate Audited Financial Statements Of Each Subsidiary Of The Listed Entity
Yes
Shareholding Pattern
Yes
Statements Of Deviations Or Variations As Specified In Regulation32
Not Applicable
Symbol
NUVOCO
The Listed Entity Has Approved Material Subsidiary Policy And The Corporate Governance Requirements With Respect To Subsidiary Of Listed Entity Have Been Complied
Yes
Type Of Any Guarantee Or Comfort Letter Of KM Ps Or Any Other Entity Controlled By Them
0
Type Of Any Guarantee Or Comfort Letter Of Promoter Group Or Any Other Entity Controlled By Them
0
Type Of Any Guarantee Or Comfort Letter Of Promoter Or Any Other Entity Controlled By Them
0
Type Of Company
Equity
Type Of Security Of KM Ps Or Any Other Entity Controlled By Them
0
Type Of Security Of Promoter Group Or Any Other Entity Controlled By Them
0
Type Of Security Of Promoter Or Any Other Entity Controlled By Them
0
Type Of Submission
Original
Vacancies In Respect Key Managerial Personnel
Not Applicable
Vigil Mechanism
Yes
Whether As Per Sub Regulation2ba Of Regulation27Of SEBILODR There Has Been Cyber Security Incidents During The Quarter
No
Whether Part A Of Annexure I Of The SEBI Circular Dated31December2024Related To Compliance Report On Corporate Governance Is Applicable To The Entity
Yes
Whether Part F Of Annexure I Of The SEBI Circular Dated31December2024Related To Disclosure Of Loans Or Guarantees Or Comfort Letters Or Securities Etc Is Applicable To The Entity
Yes

Additional Disclosures

Entry D_MeetingBOD1
Whether Requirement Of Quorum Met
Yes
Entry D_MeetingBOD2
Whether Requirement Of Quorum Met
Yes
Entry D_MeetingBOD3
Whether Requirement Of Quorum Met
Yes
Entry D_MeetingBOD4
Whether Requirement Of Quorum Met
Yes
Entry D_MeetingComit1
Whether Requirement Of Quorum Met
Yes
Entry D_MeetingComit2
Whether Requirement Of Quorum Met
Yes
Entry D_MeetingComit3
Whether Requirement Of Quorum Met
Yes
Entry D_MeetingComit4
Whether Requirement Of Quorum Met
Yes
Entry D_MeetingComit5
Whether Requirement Of Quorum Met
Yes
Entry D_MeetingComit6
Whether Requirement Of Quorum Met
Yes
Entry D_MeetingComit7
Whether Requirement Of Quorum Met
Yes
Entry D_MeetingComit8
Whether Requirement Of Quorum Met
Yes
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Board Composition — Entity Disclosures

The Composition Of Board Of Directors Is In Terms Of Sebi Regulations2015
Yes
Chairperson Related to MD / CEO
No
Regular Chairperson
Yes

Composition of Board of Directors

SrTitleDirectorPANDINCategory 1Category 2Category 3Date of BirthDisqualifiedStatusSpecial ResolutionInitial AppointmentRe-appointmentTenure (months)Listed DirectorshipsIndependent DirectorshipsAudit / Stakeholder MembershipsAudit / Stakeholder Chair Posts
1MrHIREN KARSANBHAI PATEL******00145149Non-Executive - Non Independent DirectorChairperson related to Promoter29-Jul-1973NoActiveNot Applicable11-Nov-20172000
2MrKAUSHIKBHAI N PATEL******00145086Non-Executive - Non Independent DirectorNot Applicable02-Dec-1955NoActiveNot Applicable09-Nov-20172132
3MrsBHAVNA GAUTAM DOSHI******00400508Non-Executive - Independent DirectorNot Applicable26-Jun-1953NoActiveNot Applicable03-Jan-201703-Jan-2022110.295573
4MrACHAL ANIL BAKERI******00397573Non-Executive - Independent DirectorNot Applicable09-Jan-1960NoActiveNot Applicable07-Apr-202107-Apr-202459.243210
5MrSHISHIR BABUBHAI DESAI******01453410Non-Executive - Independent DirectorNot Applicable30-Sep-1953NoActiveNot Applicable16-Aug-202316-Aug-202331.162210
6MrJAYAKUMAR KRISHNASWAMY******02099219Executive DirectorNot ApplicableMD03-Dec-1965NoActiveNot Applicable17-Sep-201817-Sep-20231040

Committee Disclosures

Entry CompComit122
Date of Appointment
17-Aug-2023
Entry CompComit123
Date of Appointment
19-Jun-2018
Entry CompComit124
Date of Appointment
31-Oct-2018
Entry CompComit14
Date of Appointment
31-Jan-2017
Entry CompComit15
Date of Appointment
17-Aug-2023
Entry CompComit16
Date of Appointment
07-Apr-2021
Entry CompComit41
Date of Appointment
09-Nov-2017
Entry CompComit42
Date of Appointment
17-Aug-2023
Entry CompComit43
Date of Appointment
09-Nov-2017
Entry CompComit68
Date of Appointment
07-Apr-2021
Entry CompComit69
Date of Appointment
07-Apr-2021
Entry CompComit70
Date of Appointment
10-Nov-2021
Entry CompComit95
Date of Appointment
17-Jul-2021
Entry CompComit96
Date of Appointment
17-Jul-2021
Entry CompComit97
Date of Appointment
17-Jul-2021
Entry CompComit98
Date of Appointment
17-Jul-2021
Entry MainD
Composition And Role Of Risk Management Committee
Yes
Composition Of Audit Committee
Yes
Composition Of Nomination And Remuneration Committee
Yes
Composition Of Stakeholder Relationship Committee
Yes
Composition Of Various Committees Of Board Of Directors
Yes
Disclosure Web Link Of Company At Which Composition Of Various Committees Of Board Of Directors Is Placed
https://nuvoco.com/corporate-governance
Memberships In Committees
Yes
Prior Or Omnibus Approval Of Audit Committee For All Related Party Transactions
Yes
Risk Management Committee
Yes
Role Of Audit Committee And Information To Be Reviewed By The Audit Committee
Yes
Role Of Nomination And Remuneration Committee
Yes
Role Of Stakeholders Relationship Committee
Yes
The Committee Members Have Been Made Aware Of Their Powers Role And Responsibilities As Specified In Sebi Regulations2015
Yes
The Composition Of Audit Committee Is In Terms Of Sebi Regulations2015
Yes
The Composition Of The Nomination And Remuneration Committee Is In Terms Of Sebi Regulations2015
Yes
The Composition Of The Risk Management Committee Is In Terms Of Sebi Regulations2015
Yes
The Composition Of The Stakeholders Relationship Committee Committee Is In Terms Of Sebi Regulations2015
Yes
Whether The Audit Committee Has A Regular Chairperson
Yes
Whether The Corporate Social Responsibility Committee Has A Regular Chairperson
Yes
Whether The Nomination And Remuneration Committee Has A Regular Chairperson
Yes
Whether The Risk Management Committee Has A Regular Chairperson
Yes
Whether The Stakeholders Relationship Committee Has A Regular Chairperson
Yes

Audit Committee

Additional Position
Chairperson
Director DIN
00400508
Member Name
BHAVNA GAUTAM DOSHI
Position
Non-Executive - Independent Director

Audit Committee

Additional Position
Member
Director DIN
01453410
Member Name
SHISHIR BABUBHAI DESAI
Position
Non-Executive - Independent Director

Audit Committee

Additional Position
Member
Director DIN
00145086
Member Name
KAUSHIKBHAI N PATEL
Position
Non-Executive - Non Independent Director

Audit Committee

Audit Committee

Audit Committee

Audit Committee

Corporate Social Responsibility Committee

Additional Position
Chairperson
Director DIN
00400508
Member Name
BHAVNA GAUTAM DOSHI
Position
Non-Executive - Independent Director

Corporate Social Responsibility Committee

Additional Position
Member
Director DIN
00145086
Member Name
KAUSHIKBHAI N PATEL
Position
Non-Executive - Non Independent Director

Corporate Social Responsibility Committee

Additional Position
Member
Director DIN
02099219
Member Name
JAYAKUMAR KRISHNASWAMY
Position
Executive Director

Corporate Social Responsibility Committee

Nomination and remuneration committee

Additional Position
Chairperson
Director DIN
00400508
Member Name
BHAVNA GAUTAM DOSHI
Position
Non-Executive - Independent Director

Nomination and remuneration committee

Additional Position
Member
Director DIN
01453410
Member Name
SHISHIR BABUBHAI DESAI
Position
Non-Executive - Independent Director

Nomination and remuneration committee

Additional Position
Member
Director DIN
00145086
Member Name
KAUSHIKBHAI N PATEL
Position
Non-Executive - Non Independent Director

Risk Management Committee

Additional Position
Chairperson
Director DIN
00145086
Member Name
KAUSHIKBHAI N PATEL
Position
Non-Executive - Non Independent Director

Risk Management Committee

Additional Position
Member
Director DIN
00400508
Member Name
BHAVNA GAUTAM DOSHI
Position
Non-Executive - Independent Director

Risk Management Committee

Additional Position
Member
Director DIN
02099219
Member Name
JAYAKUMAR KRISHNASWAMY
Position
Executive Director

Risk Management Committee

Additional Position
Member
Director DIN
01193830
Member Name
MANEESH AGRAWAL
Notes
Mr. Maneesh Agrawal, CFO is a member of Risk Management Committee.
Position
Chief Financial Officer

Risk Management Committee

Risk Management Committee

Stakeholders Relationship Committee

Additional Position
Chairperson
Director DIN
00145086
Member Name
KAUSHIKBHAI N PATEL
Position
Non-Executive - Non Independent Director

Stakeholders Relationship Committee

Additional Position
Member
Director DIN
02099219
Member Name
JAYAKUMAR KRISHNASWAMY
Position
Executive Director

Stakeholders Relationship Committee

Additional Position
Member
Director DIN
00397573
Member Name
ACHAL ANIL BAKERI
Position
Non-Executive - Independent Director

Stakeholders Relationship Committee

Entry MainD
Gap Between The Meetings Of The Risk Management Committee
Yes
Meeting Of Audit Committee
Yes
Meeting Of Board Of Directors
Yes
Meeting Of Independent Directors
Yes
Meeting Of Nomination And Remuneration Committee
Yes
Meeting Of Risk Management Committee
Yes
Meeting Of Stakeholders Relationship Committee
Yes
Quorum Of Board Meeting
Yes
Quorum Of Nomination And Remuneration Committee Meeting
Yes
Quorum Of Risk Management Committeemeeting
Yes
The Meetings Of The Board Of Directors And The Above Committees Have Been Conducted In The Manner As Specified In Sebi Regulations2015
Yes
Entry MeetingBOD1
Dates Of Meeting In The Previous Quarter
15-Oct-2025
Number Of Directors Present In Meeting Of Board Of Directors
6
Number Of Independent Directors Attending The Meeting
3
Total Number Of Directors As On Date Of The Meeting
6
Entry MeetingBOD2
Dates Of Meeting In The Previous Quarter
03-Nov-2025
Maximum Gap Between Any Two Consecutive Meetings
18
Number Of Directors Present In Meeting Of Board Of Directors
5
Number Of Independent Directors Attending The Meeting
2
Total Number Of Directors As On Date Of The Meeting
6
Entry MeetingBOD3
Dates Of Meeting If Any In The Relevant Quarter
15-Jan-2026
Maximum Gap Between Any Two Consecutive Meetings
72
Number Of Directors Present In Meeting Of Board Of Directors
6
Number Of Independent Directors Attending The Meeting
3
Total Number Of Directors As On Date Of The Meeting
6
Entry MeetingBOD4
Dates Of Meeting If Any In The Relevant Quarter
18-Mar-2026
Maximum Gap Between Any Two Consecutive Meetings
61
Number Of Directors Present In Meeting Of Board Of Directors
6
Number Of Independent Directors Attending The Meeting
3
Total Number Of Directors As On Date Of The Meeting
6
Entry MeetingComit1
Dates Of Meeting Of The Committee In The Previous Quarter
15-Oct-2025
Number Of Director Present In Meeting Of Committee All Directors Including Independent Director
3
Number Of Independent Director Attending Meeting Of Committee
2
Number Of Member Attending Meeting Of Committee
0
Total Number Of Directors As On Date Of The Meeting
3
Entry MeetingComit2
Dates Of Meeting Of The Committee In The Previous Quarter
02-Dec-2025
Maximum Gap Between Any Two Consecutive Meetings
47
Number Of Director Present In Meeting Of Committee All Directors Including Independent Director
3
Number Of Independent Director Attending Meeting Of Committee
2
Number Of Member Attending Meeting Of Committee
0
Total Number Of Directors As On Date Of The Meeting
3
Entry MeetingComit3
Dates Of Meeting Of The Committee In The Relevant Quarter
15-Jan-2026
Maximum Gap Between Any Two Consecutive Meetings
43
Number Of Director Present In Meeting Of Committee All Directors Including Independent Director
3
Number Of Independent Director Attending Meeting Of Committee
2
Number Of Member Attending Meeting Of Committee
0
Total Number Of Directors As On Date Of The Meeting
3
Entry MeetingComit4
Dates Of Meeting Of The Committee In The Relevant Quarter
18-Mar-2026
Maximum Gap Between Any Two Consecutive Meetings
61
Number Of Director Present In Meeting Of Committee All Directors Including Independent Director
3
Number Of Independent Director Attending Meeting Of Committee
2
Number Of Member Attending Meeting Of Committee
0
Total Number Of Directors As On Date Of The Meeting
3
Entry MeetingComit5
Dates Of Meeting Of The Committee In The Relevant Quarter
15-Jan-2026
Number Of Director Present In Meeting Of Committee All Directors Including Independent Director
3
Number Of Independent Director Attending Meeting Of Committee
1
Number Of Member Attending Meeting Of Committee
0
Total Number Of Directors As On Date Of The Meeting
3
Entry MeetingComit6
Dates Of Meeting Of The Committee In The Previous Quarter
15-Oct-2025
Number Of Director Present In Meeting Of Committee All Directors Including Independent Director
3
Number Of Independent Director Attending Meeting Of Committee
1
Number Of Member Attending Meeting Of Committee
1
Total Number Of Directors As On Date Of The Meeting
3
Entry MeetingComit7
Dates Of Meeting Of The Committee In The Relevant Quarter
15-Jan-2026
Maximum Gap Between Any Two Consecutive Meetings
91
Number Of Director Present In Meeting Of Committee All Directors Including Independent Director
3
Number Of Independent Director Attending Meeting Of Committee
1
Number Of Member Attending Meeting Of Committee
1
Total Number Of Directors As On Date Of The Meeting
3
Entry MeetingComit8
Dates Of Meeting Of The Committee In The Previous Quarter
15-Oct-2025
Number Of Director Present In Meeting Of Committee All Directors Including Independent Director
3
Number Of Independent Director Attending Meeting Of Committee
1
Number Of Member Attending Meeting Of Committee
0
Total Number Of Directors As On Date Of The Meeting
3
Entry MainD
Contact Information Of The Designated Officials Of The Listed Entity Who Are Responsible For Assisting And Handling Investor Grievances
Yes
Disclosure Web Link Of Company At Which Contact Information Of The Designated Officials Of The Listed Entity Who Are Responsible For Assisting And Handling Investor Grievances Is Placed
https://nuvoco.com/contact-us
Disclosure Web Link Of Company At Which Email Address For Grievance Redressal And Other Relevant Details Is Placed
https://nuvoco.com/contact-us
Email Address For Grievance Redressal And Other Relevant Details
Yes
No Of Investor Complaints Disposed Off During The Period
0
No Of Investor Complaints During The Period
0
No Of Investor Complaints Received During The Period
0
Whether Part B Of Annexure I Of The SEBI Circular Dated31December2024Related To Investor Grievance Redressal Report Is Applicable To The Entity
Yes
Entry MainI
No Of Investor Complaints
0
Entry PY_I
No Of Investor Complaints
0
Entry D_AcquisitionShares1
Percentage Of Shares Or Voting Rights Acquired During The Quarter
1
Entry I_AcquisitionShares_PY1
Percentage Of Aggregate Holding Of Shares Or Voting Rights
0
Entry I_AcquisitionShares1
Date Of Acquisition
03-Feb-2026
Name Of The Unlisted Company In Which Shares Or Voting Rights Have Been Acquired
Algebra Endeavour Private Limited
Percentage Of Aggregate Holding Of Shares Or Voting Rights
1
Entry MainD
Any Other Information For Disclosure Of Acquisition Of Shares Or Voting Rights In Unlisted Companies Explanatory Text Block
The Company has acquired 100% of securities of Algebra Endeavour Private Limited (the holding company of Vadraj Energy (Gujarat) Limited) from JSW Cement Limited and Alpha Alternatives Holdings Private Limited. Consequent to this acquisition, Vadraj Energy (Gujarat) Limited became the step down subsidiary of the Company w.e.f February 03, 2026.
Composition Of Board Of Directors Of Unlisted Material Subsidiary
Yes
Whether Part C Of Annexure I Of The SEBI Circular Dated31December2024Related To Disclosure Of Acquisition Of Shares Or Voting Rights In Unlisted Companies Is Applicable To The Entity
Yes
Entry I_OngoingTaxLitigationsOrDisputes1
Current Status
There is no update from the last disclosure
Date of Initiation
31-Dec-2005
Opposing Party
Commissioner of Commercial Taxes, Bihar
Status (Previous Disclosure)
For the Assessment Year 2001-02, the Bihar Sales Tax Authorities have disallowed sales tax benefits on credit notes for discount other than cash discount. In addition, the Sales Tax Authorities have also not taken congnizance of payments of sales tax and adjustment of entry tax payments against sales tax aggregating to 176.2 mINR. Rs.1.76 crores
Entry I_OngoingTaxLitigationsOrDisputes10
Current Status
There is no update from the last disclosure
Date of Initiation
30-Jan-2018
Opposing Party
Commissioner of Central Excise, Udaipur
Status (Previous Disclosure)
Demand raised on fiscal incentive received from Rajasthan Govt under RIPS 2010 by adding the incentive to assessable value and charging excise duty. Period: Jan 16 to Jun 17. Rs. 2.10 crores
Entry I_OngoingTaxLitigationsOrDisputes11
Current Status
There is no update from the last disclosure
Date of Initiation
31-Dec-2020
Opposing Party
Commisioner of Commercial Taxes, Chhattisgarh
Status (Previous Disclosure)
Demand of Entry Tax denying adjustment of excess ET paid on limestone for clinker stock transfer from Apr15-Dec 15 against ET liability of Jan16-Mar16. Rs. 5.12 crores
Entry I_OngoingTaxLitigationsOrDisputes12
Current Status
There is no update from the last disclosure
Date of Initiation
11-Oct-2023
Opposing Party
Commisioner (Preventive) of CGST, Chhattisgarh
Status (Previous Disclosure)
Demand of interest (Rs.2.94 cr) & penalty (Rs.0.87 cr) charged on delayed payment of GST under reverse charge on Environment cess and Infrastructure Development Cess and penalty in CG from July 2017 till August 2021. Rs. 3.81 crores After settlement the demand is reduced to 0.77 crs
Entry I_OngoingTaxLitigationsOrDisputes13
Current Status
There is no update from the last disclosure
Date of Initiation
19-Dec-2023
Opposing Party
Assistant Commissioner CGST Audit, Rajasthan
Status (Previous Disclosure)
Demand arising from arittmetical calculation errors by the Addl. Commr. in ITC mis-match and denial of ITC of IGST paid on imported inputs, etc. amounting to Rs.47142k for FY19 - FY21 an imposed equal penalty and interest. Being calculation errors, the demand is remote and likely to be dropped in appeal.
Entry I_OngoingTaxLitigationsOrDisputes14
Current Status
There is no update from the last disclosure
Date of Initiation
29-Apr-2024
Opposing Party
Joint Commissioner of SGST, Corporate Circle, Varanasi-I, UP
Status (Previous Disclosure)
DRC-01 issued based on audit observation on (i) intra-state STM, (ii) ITC denied on diary/calander, (iii) ITC mismatch even though explains & accepted, (iv) converted cement purchase value difference to sale of RMC, (v) denied ISD ITC, etc. (Tax. Rs.11.37 cr+Int Rs.8.53 cr). Rs. 23.31 crores
Entry I_OngoingTaxLitigationsOrDisputes15
Current Status
There is no update from the last disclosure
Date of Initiation
13-Jan-2017
Opposing Party
Assistant Commissioner (CT), Shollinganallur Circle
Status (Previous Disclosure)
Reversal of time barred Input Tax Credit Claim(TN VAT) as well as mismatch of transaction. (2014-15) Rs. 2.29 crores
Entry I_OngoingTaxLitigationsOrDisputes16
Current Status
There is no update from the last disclosure
Date of Initiation
26-Jun-2025
Opposing Party
Joint Commissioner of CGST, Audit
Status (Previous Disclosure)
The Show Cause Notice seeks to deny the adjustment of GST liability on discount credit notes for 6 years from FY19 to FY24, despite this issue not being raised during audit. Further, it disregards the submitted certificates and does not consider brought forward credit of previous year’s ITC and imposed tax inspite of credit not availed and proposing demand of Rs.10.03 crores.
Entry I_OngoingTaxLitigationsOrDisputes17
Current Status
There is no update from the last disclosure
Date of Initiation
09-Jun-2025
Opposing Party
Additional Commissioner. Commercial Tax, Chhattisgarh
Status (Previous Disclosure)
The Demand Orders seeks to impose entry tax on the movement of mixture of limestone and other inputs inside the factory at 10% in four different orders covering FY 2003 to FY 2006 proposing demand of Rs.16,66,05,560 which includes tax and interest. The demand is raised breaking all rules of limitations going back 23 years and determining demand on assumed quantities and value.
Entry I_OngoingTaxLitigationsOrDisputes18
Current Status
There is no update from the last disclosure
Date of Initiation
26-May-2025
Opposing Party
Additional Commissioner. Commercial Tax, Chhattisgarh
Status (Previous Disclosure)
The Demand Order seeks to impose entry tax on the movement of mixture of limestone and other inputs inside the factory at 10% even though the appropriate entry tax at 1% has been paid and accepted during assessments. There are 4 different demands for FY 2011 to FY 2014 aggregating Rs.6,55,20,000/- plus interest.
Entry I_OngoingTaxLitigationsOrDisputes19
Current Status
There is no update from the last disclosure
Date of Initiation
05-Jun-2025
Opposing Party
Assistant Commissioner, Comercial Tax, Chhattisgarh
Status (Previous Disclosure)
The Demand Order seeks to impose entry tax on the movement of mixture of limestone and other inputs inside the factory at 10% even though the appropriate entry tax at 1% has been paid and accepted during assessments. There are 4 different demands for FY 2016-17 raising the demand of entry tax of Rs.3,49,29,507/- with includes tax, interest and penalty
Entry I_OngoingTaxLitigationsOrDisputes2
Current Status
There is no update from the last disclosure
Date of Initiation
31-Dec-2005
Opposing Party
Commissioner of Commercial Taxes, Bihar
Status (Previous Disclosure)
For the year 2002-2003, Bihar Sales Tax department has raised demand by rejecting discounts. The Company has filed an appeal in the Applellate Court. Rs.4.44 crores
Entry I_OngoingTaxLitigationsOrDisputes20
Current Status
There is no update from the last disclosure
Date of Initiation
02-Jun-2025
Opposing Party
Excise & Taxation Officer, Haryana
Status (Previous Disclosure)
The Show Cause Notice issued under Section 74 of CGST Act, 2017 seeks to deny input tax credit for FY 2018-19 on totally erroneous basis and ignoring the explanations given against discrepancy report, the reversals made, and the reconciliations submitted and raising a demand of Rs.6,50,29,591/- (which includes tax, interest and penalty)
Entry I_OngoingTaxLitigationsOrDisputes21
Current Status
The demand has been dropped
Date of Initiation
23-Sep-2025
Opposing Party
Excise & Taxation Officer, Haryana
Status (Previous Disclosure)
ITC denied on allegation of excess credit taken as reflected in Table 8 D of GSTR-9, difference in GSTR-1 and GSTR-3B and difference in GSTR-3B and GSTR-2A for 2019-20 Rs. 4.3 Crs
Entry I_OngoingTaxLitigationsOrDisputes22
Current Status
Company to file appeal brfore Commissioner (Appeals)
Date of Initiation
24-Sep-2025
Opposing Party
Principal Commissioner of CGST & Central Excise- Raipur
Status (Previous Disclosure)
DRC-01 issued alleging invoices raised without actual supply & Goods to enable ITC and corresponding clandestinely supplied without payment of tax & tax not charged on some supplies (Rs.3514k) Penalty of (Rs.372594k) & Tax demand (Rs.372594k) plus penalty (Rs.376108k) imposed. Rs. 112.48 Cr for 2019-Sep24 Demand reduced to Rs. 104.75 Cr
Entry I_OngoingTaxLitigationsOrDisputes23
Current Status
There is no update from the last disclosure
Date of Initiation
30-Jun-2008
Opposing Party
Deputy Commissioner of Income Tax-14 (1)(1),Mumbai
Status (Previous Disclosure)
Royalty paid @ 1% and then @ 1.5% (w.e.f. Jan12) to Lafarge SA as per agreement for Lafarge brand use was disallowed by IT Department on the logic that NVCL has not derived any benefit from the brand even though we argued that the payment was at arm’s length price and hence should not be disallowed. NVCL has filed appeals and pending before the CIT (A) - Rs.3.15 crores
Entry I_OngoingTaxLitigationsOrDisputes24
Current Status
There is no update from the last disclosure
Date of Initiation
30-Jun-2009
Opposing Party
Deputy Commissioner of Income Tax-14 (1)(1),Mumbai
Status (Previous Disclosure)
Royalty paid @ 1% and then @ 1.5% (w.e.f. Jan12) to Lafarge SA as per agreement for Lafarge brand use was disallowed by IT Department on the logic that NVCL has not derived any benefit from the brand even though we argued that the payment was at arm’s length price and hence should not be disallowed. NVCL has filed appeals and pending before the CIT (A) - Rs. 4.05 crores
Entry I_OngoingTaxLitigationsOrDisputes25
Current Status
There is no update from the last disclosure
Date of Initiation
30-Jun-2010
Opposing Party
Deputy Commissioner of Income Tax-14 (1)(1),Mumbai
Status (Previous Disclosure)
Royalty paid @ 1% and then @ 1.5% (w.e.f. Jan12) to Lafarge SA as per agreement for Lafarge brand use was disallowed by IT Department on the logic that NVCL has not derived any benefit from the brand even though we argued that the payment was at arm’s length price and hence should not be disallowed. NVCL has filed appeals and pending before the ITAT - Rs. 5.01 crores
Entry I_OngoingTaxLitigationsOrDisputes26
Current Status
There is no update from the last disclosure
Date of Initiation
30-Jun-2011
Opposing Party
Deputy Commissioner of Income Tax-14 (1)(1),Mumbai
Status (Previous Disclosure)
Royalty paid @ 1% and then @ 1.5% (w.e.f. Jan12) to Lafarge SA as per agreement for Lafarge brand use was disallowed by IT Department on the logic that NVCL has not derived any benefit from the brand even though we argued that the payment was at arm’s length price and hence should not be disallowed. NVCL has filed appeals and pending before the ITAT - Rs. 7.07 crores
Entry I_OngoingTaxLitigationsOrDisputes27
Current Status
There is no update from the last disclosure
Date of Initiation
30-Jun-2011
Opposing Party
Deputy Commissioner of Income Tax-14 (1)(1),Mumbai
Status (Previous Disclosure)
NVCL has claimed that IPA in respect of Mejia plant is a Capital receipt hence same is not taxable. However, the Income Tax department has rejected claim on the ground that since same is based on Sales turnover, so same is revenue receipt. The DRP has allowed appeal of the NVCL. The IT department has filed an appeal with the ITAT. - Rs. 9.80 crores
Entry I_OngoingTaxLitigationsOrDisputes28
Current Status
There is no update from the last disclosure
Date of Initiation
30-Jun-2012
Opposing Party
Deputy Commissioner of Income Tax-14 (1)(1),Mumbai
Status (Previous Disclosure)
Royalty paid @ 1% and then @ 1.5% (w.e.f. Jan12) to Lafarge SA as per agreement for Lafarge brand use was disallowed by IT Department on the logic that NVCL has not derived any benefit from the brand even though we argued that the payment was at arm’s length price and hence should not be disallowed. NVCL has filed appeals and pending before the ITAT - Rs. 6.92 crores
Entry I_OngoingTaxLitigationsOrDisputes29
Current Status
There is no update from the last disclosure
Date of Initiation
30-Jun-2012
Opposing Party
Deputy Commissioner of Income Tax-14 (1)(1),Mumbai
Status (Previous Disclosure)
NVCL has claimed that IPA in respect of Mejia plant is a Capital receipt hence same is not taxable. However, the Income Tax department has rejected claim on the ground that since same is based on Sales turnover, so same is revenue receipt. The DRP has allowed appeal of the NVCL. The IT department has filed an appeal with the ITAT. - Rs.17.34 crores
Entry I_OngoingTaxLitigationsOrDisputes3
Current Status
There is no update from the last disclosure
Date of Initiation
30-Apr-2019
Opposing Party
Commissioner of Commercial Taxes, Orissa
Status (Previous Disclosure)
ET calculated by dept on Sale value rather than STM Value for 2005-07. Tax demand of Rs.56.62 lakhs + 2 times penalty of Rs.1.13 crores DEPARTMENT Appeal allowed. Appeal filed High Court Cuttack Rs.1.70 crores
Entry I_OngoingTaxLitigationsOrDisputes30
Current Status
There is no update from the last disclosure
Date of Initiation
30-Jun-2013
Opposing Party
Deputy Commissioner of Income Tax-14 (1)(1),Mumbai
Status (Previous Disclosure)
Royalty paid @ 1% and then @ 1.5% (w.e.f. Jan12) to Lafarge SA as per agreement for Lafarge brand use was disallowed by IT Department on the logic that NVCL has not derived any benefit from the brand even though we argued that the payment was at arm’s length price and hence should not be disallowed. NVCL has filed appeals and pending before the ITAT - Rs.8.39 crores
Entry I_OngoingTaxLitigationsOrDisputes31
Current Status
There is no update from the last disclosure
Date of Initiation
30-Jun-2013
Opposing Party
Deputy Commissioner of Income Tax-14 (1)(1),Mumbai
Status (Previous Disclosure)
NVCL has claimed that IPA in respect of Mejia plant is a Capital receipt hence same is not taxable. However, the Income Tax department has rejected claim on the ground that since same is based on Sales turnover, so same is revenue receipt. The DRP has allowed appeal of the NVCL. The IT department has filed an appeal with the ITAT. - Rs. 16.26 crores
Entry I_OngoingTaxLitigationsOrDisputes32
Current Status
There is no update from the last disclosure
Date of Initiation
30-Jun-2014
Opposing Party
Deputy Commissioner of Income Tax-14 (1)(1),Mumbai
Status (Previous Disclosure)
Royalty paid @ 1% and then @ 1.5% (w.e.f. Jan12) to Lafarge SA as per agreement for Lafarge brand use was disallowed by IT Department on the logic that NVCL has not derived any benefit from the brand even though we argued that the payment was at arm’s length price and hence should not be disallowed. NVCL has filed appeals and pending before the ITAT - Rs. 13.44 crores
Entry I_OngoingTaxLitigationsOrDisputes33
Current Status
There is no update from the last disclosure
Date of Initiation
30-Jun-2014
Opposing Party
Deputy Commissioner of Income Tax-14 (1)(1),Mumbai
Status (Previous Disclosure)
NVCL has claimed that IPA in respect of Mejia plant is a Capital receipt hence same is not taxable. However, the Income Tax department has rejected claim on the ground that since same is based on Sales turnover, so same is revenue receipt. The DRP has allowed appeal of the NVCL. The IT department has filed an appeal with the ITAT. Rs. 24.97 crores
Entry I_OngoingTaxLitigationsOrDisputes34
Current Status
There is no update from the last disclosure
Date of Initiation
30-Jun-2014
Opposing Party
Deputy Commissioner of Income Tax-14 (1)(1),Mumbai
Status (Previous Disclosure)
Payment for CSS to Lafarge SA as per agreement for various services was disallowed by IT Department on the logic that NVCL has not derived any benefit from the brand even though we argued that the payment was at arm’s length price and hence should not be disallowed. In the first appeal before the CIT (A)/DRP also disallowed the claim. NVCL has filed an appeal and is pending before the ITAT. Rs. 8.19 crores
Entry I_OngoingTaxLitigationsOrDisputes35
Current Status
There is no update from the last disclosure
Date of Initiation
30-Jun-2014
Opposing Party
Deputy Commissioner of Income Tax-14 (1)(1),Mumbai
Status (Previous Disclosure)
NVCL was JV partner in ACPCPL for supply of power for ACP. However, due to some issues there was litigation between NVCL and ACPCPL, NVCL took provision for this litigation. IT department disallowed the same on the ground that same should be allowed on actual basis. The DRP have also rejected claim of the NVCL and stated that it should be allowed on actual basis. NVCL has filed an appeal with the ITAT - Rs.14.36 crores
Entry I_OngoingTaxLitigationsOrDisputes36
Current Status
There is no update from the last disclosure
Date of Initiation
30-Jun-2015
Opposing Party
Deputy Commissioner of Income Tax-14 (1)(1),Mumbai
Status (Previous Disclosure)
Royalty paid @ 1% and then @ 1.5% (w.e.f. Jan12) to Lafarge SA as per agreement for Lafarge brand use was disallowed by IT Department on the logic that NVCL has not derived any benefit from the brand even though we argued that the payment was at arm’s length price and hence should not be disallowed. NVCL has filed appeals and pending before the ITAT - Rs.13.80 crores
Entry I_OngoingTaxLitigationsOrDisputes37
Current Status
There is no update from the last disclosure
Date of Initiation
30-Jun-2015
Opposing Party
Deputy Commissioner of Income Tax-14 (1)(1),Mumbai
Status (Previous Disclosure)
Payment made to Lafarge SA and Lafarge Asia for IT services as per agreement has been disallowed by IT Department on the assumption that no services have been received by NVCL despite NVCL’s contention that the payment for IT services was at arm’s length price. NVCL has filed appeals and pending before the ITAT - Rs.1.59 crores
Entry I_OngoingTaxLitigationsOrDisputes38
Current Status
There is no update from the last disclosure
Date of Initiation
30-Jun-2015
Opposing Party
Deputy Commissioner of Income Tax-14 (1)(1),Mumbai
Status (Previous Disclosure)
Payment for CSS to Lafarge SA as per agreement for various services was disallowed by IT Department on the logic that NVCL has not derived any benefit from the brand even though we argued that the payment was at arm’s length price and hence should not be disallowed. In the first appeal before the CIT (A)/DRP also disallowed the claim. NVCL has filed an appeal and is pending before the ITAT. - Rs.9.17 crores
Entry I_OngoingTaxLitigationsOrDisputes39
Current Status
There is no update from the last disclosure
Date of Initiation
30-Jun-2015
Opposing Party
Deputy Commissioner of Income Tax-14 (1)(1),Mumbai
Status (Previous Disclosure)
NVCL was JV partner in ACPCPL for supply of power for ACP. However, due to some issues there was litigation between NVCL and ACPCPL, NVCL took provision for this litigation. IT department disallowed the same on the ground that same should be allowed on actual basis. The DRP have also rejected claim of the NVCL and stated that it should be allowed on actual basis. NVCL has filed an appeal with the ITAT - Rs.5.85 crores
Entry I_OngoingTaxLitigationsOrDisputes4
Current Status
There is no update from the last disclosure
Date of Initiation
31-Mar-2012
Opposing Party
Assistant Commissioner of Customs
Status (Previous Disclosure)
Demand raised for customs duty of goods imported and warehoused by GKW Ltd in 1996-97 even though LIPL has relinquished the title to the goods. Rs.14.44 crores
Entry I_OngoingTaxLitigationsOrDisputes40
Current Status
There is no update from the last disclosure
Date of Initiation
30-Jun-2016
Opposing Party
Deputy Commissioner of Income Tax-14 (1)(1),Mumbai
Status (Previous Disclosure)
Royalty paid @ 1% and then @ 1.5% (w.e.f. Jan12) to Lafarge SA as per agreement for Lafarge brand use was disallowed by IT Department on the logic that NVCL has not derived any benefit from the brand even though we argued that the payment was at arm’s length price and hence should not be disallowed. NVCL has filed appeals and pending before the ITAT - Rs.16.40 crores
Entry I_OngoingTaxLitigationsOrDisputes41
Current Status
There is no update from the last disclosure
Date of Initiation
30-Jun-2016
Opposing Party
Deputy Commissioner of Income Tax-14 (1)(1),Mumbai
Status (Previous Disclosure)
Payment made to Lafarge SA and Lafarge Asia for IT services as per agreement has been disallowed by IT Department on the assumption that no services have been received by NVCL despite NVCL’s contention that the payment for IT services was at arm’s length price. NVCL has filed appeals and pending before the ITAT - Rs.6.14 crores
Entry I_OngoingTaxLitigationsOrDisputes42
Current Status
There is no update from the last disclosure
Date of Initiation
30-Jun-2016
Opposing Party
Deputy Commissioner of Income Tax-14 (1)(1),Mumbai
Status (Previous Disclosure)
Payment for CSS to Lafarge SA as per agreement for various services was disallowed by IT Department on the logic that NVCL has not derived any benefit from the brand even though we argued that the payment was at arm’s length price and hence should not be disallowed. In the first appeal before the CIT (A)/DRP also disallowed the claim. NVCL has filed an appeal and is pending before the ITAT - Rs. 8.39 crores
Entry I_OngoingTaxLitigationsOrDisputes43
Current Status
There is no update from the last disclosure
Date of Initiation
30-Jun-2017
Opposing Party
Deputy Commissioner of Income Tax-14 (1)(1),Mumbai
Status (Previous Disclosure)
Royalty paid @ 1% and then @ 1.5% (w.e.f. Jan12) to Lafarge SA as per agreement for Lafarge brand use was disallowed by IT Department on the logic that NVCL has not derived any benefit from the brand even though we argued that the payment was at arm’s length price and hence should not be disallowed. NVCL has filed appeals and pending before the ITAT - Rs.15.85 crores
Entry I_OngoingTaxLitigationsOrDisputes44
Current Status
There is no update from the last disclosure
Date of Initiation
30-Jun-2017
Opposing Party
Deputy Commissioner of Income Tax-14 (1)(1),Mumbai
Status (Previous Disclosure)
Payment made to Lafarge SA and Lafarge Asia for IT services as per agreement has been disallowed by IT Department on the assumption that no services have been received by NVCL despite NVCL’s contention that the payment for IT services was at arm’s length price. NVCL has filed appeals and pending before the ITAT - Rs.3.05 crores
Entry I_OngoingTaxLitigationsOrDisputes45
Current Status
There is no update from the last disclosure
Date of Initiation
30-Jun-2017
Opposing Party
Deputy Commissioner of Income Tax-14 (1)(1),Mumbai
Status (Previous Disclosure)
Payment for CSS to Lafarge SA as per agreement for various services was disallowed by IT Department on the logic that NVCL has not derived any benefit from the brand even though we argued that the payment was at arm’s length price and hence should not be disallowed. In the first appeal before the CIT (A)/DRP also disallowed the claim. NVCL has filed an appeal and is pending before the ITAT - Rs.7.62 crores
Entry I_OngoingTaxLitigationsOrDisputes46
Current Status
There is no update from the last disclosure
Date of Initiation
30-Jun-2018
Opposing Party
Deputy Commissioner of Income Tax-14 (1)(1),Mumbai
Status (Previous Disclosure)
Payment made to Lafarge SA and Lafarge Asia for IT services as per agreement has been disallowed by IT Department on the assumption that no services have been received by NVCL despite NVCL’s contention that the payment for IT services was at arm’s length price. NVCL has filed appeals and pending before the ITAT - Rs.4.73 crores
Entry I_OngoingTaxLitigationsOrDisputes47
Current Status
There is no update from the last disclosure
Date of Initiation
30-Jun-2022
Opposing Party
Deputy Commissioner of Income Tax-14 (1)(1),Mumbai
Status (Previous Disclosure)
The Income Tax department passed order due to system based incorrect mismatch in the Income Tax Return and Tax Audit Report. NVCL have filed an appeal with CIT (A) - Rs.7.09 crores
Entry I_OngoingTaxLitigationsOrDisputes48
Current Status
There is no update from the last disclosure
Date of Initiation
30-Jun-2010
Opposing Party
Deputy Commissioner of Income Tax-14 (1)(1),Mumbai
Status (Previous Disclosure)
In FY 2008-09, Lafarge A&C (LAC) acquired RMX business of L & T and based on Purchase Price Allocation (PPA), claimed depreciation on intangible assets in revised ITR. This claim was rejected on the ground that same was not claimed in original ITR and Tax Audit report. The CIT (A) and ITAT allowed appeal of the LAC and allowed depreciation on all Intangible Assets. The IT Department has filed an appeal with the High Court and the ITAT - Rs.4.31 crores
Entry I_OngoingTaxLitigationsOrDisputes49
Current Status
There is no update from the last disclosure
Date of Initiation
30-Jun-2011
Opposing Party
Deputy Commissioner of Income Tax-14 (1)(1),Mumbai
Status (Previous Disclosure)
In FY 2008-09, Lafarge A&C (LAC) acquired RMX business of L & T and based on Purchase Price Allocation (PPA), claimed depreciation on intangible assets in revised ITR. This claim was rejected on the ground that same was not claimed in original ITR and Tax Audit report. The CIT (A) and ITAT allowed appeal of the LAC and allowed depreciation on all Intangible Assets. The IT Department has filed an appeal with the High Court and the ITAT - Rs.24.11 crores
Entry I_OngoingTaxLitigationsOrDisputes5
Current Status
There is no update from the last disclosure
Date of Initiation
31-Mar-2013
Opposing Party
Commissioner of Commercial Taxes, Bihar
Status (Previous Disclosure)
Demand raised by erroneously applying tax on assumed MRP for sales to non-trade customers when tax was correctly paid on the sale price. Penalty of Rs.6.87 cr has not been considered. 2010-11 VAT Rs. 2.29 crores
Entry I_OngoingTaxLitigationsOrDisputes50
Current Status
There is no update from the last disclosure
Date of Initiation
30-Jun-2013
Opposing Party
Deputy Commissioner of Income Tax-14 (1)(1),Mumbai
Status (Previous Disclosure)
In FY 2008-09, Lafarge A&C (LAC) acquired RMX business of L & T and based on Purchase Price Allocation (PPA), claimed depreciation on intangible assets in revised ITR. This claim was rejected on the ground that same was not claimed in original ITR and Tax Audit report. The CIT (A) and ITAT allowed appeal of the LAC and allowed depreciation on all Intangible Assets. The IT Department has filed an appeal with the High Court and the ITAT - Rs.17.06 crores
Entry I_OngoingTaxLitigationsOrDisputes51
Current Status
There is no update from the last disclosure
Date of Initiation
30-Jun-2014
Opposing Party
Deputy Commissioner of Income Tax-14 (1)(1),Mumbai
Status (Previous Disclosure)
In FY 2008-09, Lafarge A&C (LAC) acquired RMX business of L & T and based on Purchase Price Allocation (PPA), claimed depreciation on intangible assets in revised ITR. This claim was rejected on the ground that same was not claimed in original ITR and Tax Audit report. The CIT (A) and ITAT allowed appeal of the LAC and allowed depreciation on all Intangible Assets. The IT Department has filed an appeal with the High Court and the ITAT - Rs.12.11 crores
Entry I_OngoingTaxLitigationsOrDisputes52
Current Status
There is no update from the last disclosure
Date of Initiation
30-Jun-2015
Opposing Party
Deputy Commissioner of Income Tax-14 (1)(1),Mumbai
Status (Previous Disclosure)
In FY 2008-09, Lafarge A&C (LAC) acquired RMX business of L & T and based on Purchase Price Allocation (PPA), claimed depreciation on intangible assets in revised ITR. This claim was rejected on the ground that same was not claimed in original ITR and Tax Audit report. The CIT (A) and ITAT allowed appeal of the LAC and allowed depreciation on all Intangible Assets. The IT Department has filed an appeal with the High Court and the ITAT - Rs. 9.16 crores
Entry I_OngoingTaxLitigationsOrDisputes53
Current Status
There is no update from the last disclosure
Date of Initiation
30-Jun-2016
Opposing Party
Deputy Commissioner of Income Tax-14 (1)(1),Mumbai
Status (Previous Disclosure)
In FY 2008-09, Lafarge A&C (LAC) acquired RMX business of L & T and based on Purchase Price Allocation (PPA), claimed depreciation on intangible assets in revised ITR. This claim was rejected on the ground that same was not claimed in original ITR and Tax Audit report. The CIT (A) and ITAT allowed appeal of the LAC and allowed depreciation on all Intangible Assets. The IT Department has filed an appeal with the High Court and the ITAT - Rs.6.63 crores
Entry I_OngoingTaxLitigationsOrDisputes54
Current Status
There is no update from the last disclosure
Date of Initiation
30-Jun-2017
Opposing Party
Deputy Commissioner of Income Tax-14 (1)(1),Mumbai
Status (Previous Disclosure)
In FY 2008-09, Lafarge A&C (LAC) acquired RMX business of L & T and based on Purchase Price Allocation (PPA), claimed depreciation on intangible assets in revised ITR. This claim was rejected on the ground that same was not claimed in original ITR and Tax Audit report. The CIT (A) and ITAT allowed appeal of the LAC and allowed depreciation on all Intangible Assets. The IT Department has filed an appeal with the High Court and the ITAT - Rs.4.97 crores
Entry I_OngoingTaxLitigationsOrDisputes55
Current Status
There is no update from the last disclosure
Date of Initiation
30-Jun-2018
Opposing Party
Deputy Commissioner of Income Tax-14 (1)(1),Mumbai
Status (Previous Disclosure)
In FY 2008-09, Lafarge A&C (LAC) acquired RMX business of L & T and based on Purchase Price Allocation (PPA), claimed depreciation on intangible assets in revised ITR. This claim was rejected on the ground that same was not claimed in original ITR and Tax Audit report. The CIT (A) and ITAT allowed appeal of the LAC and allowed depreciation on all Intangible Assets. The IT Department has filed an appeal with the High Court and the ITAT - Rs.3.73 crores
Entry I_OngoingTaxLitigationsOrDisputes56
Current Status
There is no update from the last disclosure
Date of Initiation
30-Jun-2019
Opposing Party
Deputy Commissioner of Income Tax-14 (1)(1),Mumbai
Status (Previous Disclosure)
In FY 2008-09, Lafarge A&C (LAC) acquired RMX business of L & T and based on Purchase Price Allocation (PPA), claimed depreciation on intangible assets in revised ITR. This claim was rejected on the ground that same was not claimed in original ITR and Tax Audit report. The CIT (A) and ITAT allowed appeal of the LAC and allowed depreciation on all Intangible Assets. The IT Department has filed an appeal with the High Court and the ITAT - Rs.2.80 crores
Entry I_OngoingTaxLitigationsOrDisputes57
Current Status
There is no update from the last disclosure
Date of Initiation
30-Jun-2021
Opposing Party
Deputy Commissioner of Income Tax-14 (1)(1),Mumbai
Status (Previous Disclosure)
The Income Tax department passed order due to system based incorrect mismatch in the Income Tax Return and Tax Audit Report. NVCL have filed an appeal with CIT (A) - Rs.7.09 crores
Entry I_OngoingTaxLitigationsOrDisputes58
Current Status
There is no update from the last disclosure
Date of Initiation
25-Jan-2024
Opposing Party
National Faceless Assessment Centre, Delhi
Status (Previous Disclosure)
The Income Tax department passed order disallowing deduction claimed u/s 80IA for Transfer Pricing Adjustment, disallowance for depreciation on intangible assets and goodwill and disallowing of claim of provision for doubtful debts. NVCL have filed an appeal with CIT(A) - Rs. 12.55 crores
Entry I_OngoingTaxLitigationsOrDisputes59
Current Status
There is no update from the last disclosure
Date of Initiation
26-Mar-2025
Opposing Party
Assessment Unit, Income Tax Department
Status (Previous Disclosure)
The Income Tax Department passed an order imposing penalty for concealment of income. NVCL have filed an appeal with CIT(A) - Rs. 23.89 crores
Entry I_OngoingTaxLitigationsOrDisputes6
Current Status
There is no update from the last disclosure
Date of Initiation
01-May-2018
Opposing Party
Commissioner CGST & Excise, Kolkata North Commissionerate
Status (Previous Disclosure)
Demand of service tax on the VSAT charges deducted by CFAs @ Rs.3.75 per ton from CFA bills alleging recovery of amount by Lafarge for providing intellectual services to CFA for the period Oct 2010 to Sept 2015. SCN issued by DGCEI. Provision created for demand, interest and penalty @ 25%. DEPT FILED APPEAL BEFORE CESTAT. Rs. 1.65 croes
Entry I_OngoingTaxLitigationsOrDisputes60
Current Status
There is no update from the last disclosure
Date of Initiation
28-Mar-2025
Opposing Party
National Faceless Assessment Centre, Delhi
Status (Previous Disclosure)
The Income Tax department passed order disallowing deduction claimed u/s 80IA for Transfer Pricing Adjustment, disallowance for depreciation on intangible assets and goodwill and disallowing of claim of provision for doubtful debts and disallowance of claim of docnation u/s 80G. NVCL have filed an appeal with CIT(A) - Rs. 12.78 crores
Entry I_OngoingTaxLitigationsOrDisputes61
Current Status
There is no update from the last disclosure
Date of Initiation
13-Mar-2026
Opposing Party
Assessment Unit, Income Tax Department
Status (Previous Disclosure)
The Income Tax department passed order disallowing deduction claimed u/s 80IA for Transfer Pricing Adjustment and disallowance for depreciation on intangible assets . Demand raised of Rs.11.89 crores is erroneous and a rectification application will be filed. NVCL have filed an appeal with CIT(A) against the said assessment order
Entry I_OngoingTaxLitigationsOrDisputes62
Current Status
There is no update from the last disclosure
Date of Initiation
19-Jun-2019
Opposing Party
Additional Commissioner, CGST & Central Excise,Bhubaneshwar Commissionerate
Status (Previous Disclosure)
This pertains to NU Vista Limited (material wholly owned subsidiary) Denial of Cenvat on input services for setting up factory Rs. 2.69 crores
Entry I_OngoingTaxLitigationsOrDisputes63
Current Status
There is no update from the last disclosure
Date of Initiation
22-Apr-2019
Opposing Party
Assistant Commissioner of CGST, Division C, Jodhpur
Status (Previous Disclosure)
This pertains to NU Vista Limited (material wholly owned subsidiary). Denial of TRAN-1 credit of Service Tax paid on RCM after filing of ST-3 and taken directly in TRAN-1. Rs. 1.31 crores .Online APL 04 received on 22/12/2025
Entry I_OngoingTaxLitigationsOrDisputes64
Current Status
There is no update from the last disclosure
Date of Initiation
17-Dec-2020
Opposing Party
Assistant Commissioner, Commercial Tax, Division II, Raipur, Chhattisgarh
Status (Previous Disclosure)
This pertains to NU Vista Limited (material wholly owned subsidiary). Entry Tax exemption claimed under CG incentive scheme disallowed during assessment since eligibility certificate was pending issuance by Industry Department for 2015-16. Rs. 3.86 crores
Entry I_OngoingTaxLitigationsOrDisputes65
Current Status
Rs. 6.26 crores reduced to Rs. 4.48 Crs by way of rectified de novo order.
Date of Initiation
18-Jan-2021
Opposing Party
Assistant Commissioner, Commercial Tax, Division II, Raipur, Chhattisgarh
Status (Previous Disclosure)
This pertains to NU Vista Limited (material wholly owned subsidiary). Entry Tax exemption claimed under CG incentive scheme disallowed during assessment since eligibility certificate was pending issuance by Industry Department for 2016-17. Rs. 4.48 Crs
Entry I_OngoingTaxLitigationsOrDisputes66
Current Status
There is no update from the last disclosure
Date of Initiation
29-Sep-2024
Opposing Party
Principal Commissioner, Bolpur CGST & Central Excise Commissionerate
Status (Previous Disclosure)
This pertains to NU Vista Limited (material wholly owned subsidiary). Denial of Cenvat credit of inputs and services viz. works contract, constrcution and consulting engineer's services & Cenvat of outward GTA services. Rs. 0.18 Cr
Entry I_OngoingTaxLitigationsOrDisputes67
Current Status
There is no update from the last disclosure
Date of Initiation
23-Jun-2022
Opposing Party
Commissioner, CGST & Central Excise, Audit Commissionerate
Status (Previous Disclosure)
This pertains to NU Vista Limited (material wholly owned subsidiary). Denial of cenvat credit on ISD invoices since the input service invoices were dated prior to factory excise registration, services not eligible for cenvat, incomplete information of service providers, etc. Rs. 6.23 crores
Entry I_OngoingTaxLitigationsOrDisputes68
Current Status
There is no update from the last disclosure
Date of Initiation
28-Dec-2022
Opposing Party
Assistant Commissioner, Commercial Tax, Division II, Raipur, Chhattisgarh
Status (Previous Disclosure)
This pertains to NU Vista Limited (material wholly owned subsidiary). Entry Tax exemption claimed under CG incentive scheme disallowed during assessment since eligibility certificate was pending issuance by Industry Department for 2017 - 18 Q1. Rs. 1.46 crores
Entry I_OngoingTaxLitigationsOrDisputes69
Current Status
There is no update from the last disclosure
Date of Initiation
18-Feb-2023
Opposing Party
Assistant Commissioner of SGST, Patna Special Circle
Status (Previous Disclosure)
This pertains to NU Vista Limited (material wholly owned subsidiary). DRC-01 issued for mismatch of ITC availed between GSTR-2A vs GSTR-3B and adjustment of output tax against tax paid on advance receipt in 2018 - 19. Rs. 5.40 Crs.
Entry I_OngoingTaxLitigationsOrDisputes7
Current Status
There is no update from the last disclosure
Date of Initiation
31-Mar-2017
Opposing Party
Commissioner of Commercial Taxes, Bihar
Status (Previous Disclosure)
Demand raised by disallowing adjustment of entry tax paid on cement lying in closing stock (Rs.126 lacs), disallowance of ET adjustment on damaged stock (Rs.75 lacs), tax on stock shortage (Rs0.50 lacs), non-considerance of extra ET brought forward (Rs.417 lacs) & interest (Rs.282 lacs) for 2012-13 in Bihar. Adjusted ET on opening stock (Rs.153 lacs). Rs. 7.08 crores
Entry I_OngoingTaxLitigationsOrDisputes70
Current Status
There is no update from the last disclosure
Date of Initiation
28-Jun-2022
Opposing Party
Joint Commissioner of SGST, Division II, Raipur
Status (Previous Disclosure)
This pertains to NU Vista Limited (material wholly owned subsidiary). Denial of ITC on acount of mismatch betwwen GSTR-2A vs GSTR-3B in 2018 - 19 Rs. 11.43 crores
Entry I_OngoingTaxLitigationsOrDisputes71
Current Status
There is no update from the last disclosure
Date of Initiation
06-Nov-2024
Opposing Party
Additional Commissioner (Preventive), CGST, Chhattisgarh
Status (Previous Disclosure)
This pertains to NU Vista Limited (material wholly owned subsidiary). Demand of GST under RCM of Rs. 6.37 crores on Environmet Cess and Development cess in Chhattisgarh which has been paid without interest
Entry I_OngoingTaxLitigationsOrDisputes72
Current Status
There is no update from the last disclosure
Date of Initiation
30-Apr-2024
Opposing Party
Joint Comm(Enforcement) State Tax -Raipur
Status (Previous Disclosure)
This pertains to NU Vista Limited (material wholly owned subsidiary). Difference in Cr.Note between GSTR 1 & GSTR 9, Difference of ITC in Table 8D of GSTR 9, non submission of state wise financials for the FY 2018-19 Rs. 11.06 Crs.
Entry I_OngoingTaxLitigationsOrDisputes73
Current Status
There is no update from the last disclosure
Date of Initiation
22-Aug-2024
Opposing Party
Deputy Commissioner, Patna Special
Status (Previous Disclosure)
This pertains to NU Vista Limited (material wholly owned subsidiary). Difference between GSTR-8A Vs 8D of GSTR 9, Allegation of claim of wrong / ineligible credit for the FY 2019-20 Rs. 6.12 Crs
Entry I_OngoingTaxLitigationsOrDisputes74
Current Status
There is no update from the last disclosure
Date of Initiation
30-Jan-2025
Opposing Party
The Joint Commissioner, Central Goods & Services Tax, Bolpur Commissionerate, West Bengal
Status (Previous Disclosure)
Denial of transitional credit of erstwhile cenvat credit of iron & steel received prior to GST but credit availed thru TRAN-1, 100% cenvat availed on capitals goods without taking 50% under central excise & service tax on outward transportation thru rail and road and works contract. The Officer has ignored the submissions made by the Company and passed a non speaking order confirming alleged demand of CGST of Rs.4.74 Crs alongwith equal penalty and applicable interest.
Entry I_OngoingTaxLitigationsOrDisputes75
Current Status
There is no update from the last disclosure
Date of Initiation
27-Feb-2025
Opposing Party
Joint Commissioner of State Tax-Jajpur-Odisha
Status (Previous Disclosure)
Demand order alleges ineligble itc claimed where it is not utilised in course or furtherance of business, Unaccounted for inwards supply of raw-materials leading to less payment of GST, unaccounted for production of cement by utilising excess quantity of packing materials leading to unaccounted for outward supply. Reveral of ITC on account of non filing of GSTR-3B by vendor, Non reversal of ITC on account of credit note received by the taxpayer during the F.Y- 2020-21, Claim of ITC for ISD invoice.Total Demand Rs.27.80 Cr(Tax Rs15.54,Int Rs.10.69,Penalty Rs.1.55 Cr))
Entry I_OngoingTaxLitigationsOrDisputes76
Current Status
There is no update from the last disclosure
Date of Initiation
27-Apr-2021
Opposing Party
National Faceless Assessment Centre, Delhi
Status (Previous Disclosure)
Disallowance of deduction claimed on marked to market gain as per ICDS of Rs. 5.54 Crs. having tax impact of Rs. 1.66 Crs. Ad-hoc disallowance of interest expense amounting to Rs. 34.24 Crs. having tax impact of Rs. 10.27 Crs. Disallowance of claim of depreciation amounting to Rs. 94.12 Lakhs. having tax impact of Rs. 28.23 lakhs.
Entry I_OngoingTaxLitigationsOrDisputes8
Current Status
There is no update from the last disclosure
Date of Initiation
31-Mar-2017
Opposing Party
Commissioner of Commercial Taxes, Bihar
Status (Previous Disclosure)
Entry Tax demand raised arising from not considering carry forward of entry tax (Rs.417 lacs) and adjustment of excess ET paid in the period (Rs.38 lacs). Interest imposed is Rs.110 lacs. 2012-13 Rs. 4.89 crores
Entry I_OngoingTaxLitigationsOrDisputes9
Current Status
There is no update from the last disclosure
Date of Initiation
11-Apr-2019
Opposing Party
Commissioner of Central Excise, Udaipur
Status (Previous Disclosure)
Demand of excise duty on 173 mt of alleged clandestine clinker production and removal without payment of duty from 241 mt of limestone shortage (on the basis of physical stock in Dec 15) ignoring the fact that shortage has been explained and accounted for with reasons. DEPARTMENT APPEAL CESTAT dismissed Dept Appeal. Dept appealed before Jodhpur HC Rs. 5.29 crores
Entry MainD
Whether Part E Of Annexure I Of The SEBI Circular Dated31December2024Related To Disclosure Of Updates To Ongoing Tax Litigations Or Disputes Is Applicable To The Entity
Yes
Reason For Part D Of Annexure I Of The SEBI Circular Dated31December2024Related To Disclosure Of Imposition Of Fine Or Penalty Is Not Applicable To The Entity
Not applicable for the current quarter
Whether Part D Of Annexure I Of The SEBI Circular Dated31December2024Related To Disclosure Of Imposition Of Fine Or Penalty Is Applicable To The Entity
No