ZF Steering Gear India Ltd

Integrated Filing — Corporate Governance (NSE XBRL)

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Filing Summary

Company
ZF Steering Gear (India) Limited
Symbol
ZFSTEERING
Quarter Ended
31-Mar-2026
Submission
New

General Disclosures

Advertisements As Per Regulation471
Yes
Annual Return As Provided Under Section92Of The Companies Act2013
Yes
Approval For Material Related Party Transactions
Yes
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
Not Applicable
Board Composition
Yes
Code Of Conduct
Yes
Compliance Certificate
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
22-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 Related Party Transactions On Consolidated Basis
Yes
Disclosure Web Link Of Annual Return As Provided Under Section92Of The Companies Act2013Is Placed
http://www.zfindia.com/annual-return.php
Disclosure Web Link Of Company At Advertisements As Per Regulation471Is Placed
http://www.zfindia.com/corporate-announcements.php
Disclosure Web Link Of Company At Materiality Policy As Per Sub Regulation4Regulation30Is Placed
http://www.zfindia.com/policies-codes.php
Disclosure Web Link Of Company At Separate Audited Financial Statements Of Each Subsidiary Of The Listed Entity Is Placed
http://www.zfindia.com/financial-statements.php
Disclosure Web Link Of Company At Which Credit Rating Or Revision In Credit Rating Obtained Is Placed
http://www.zfindia.com/credit-ratings.php
Disclosure Web Link Of Company At Which Details Of Business Is Placed
http://www.zfindia.com/profile/profile.php
Disclosure Web Link Of Company At Which Details Of Establishment Of Vigil Mechanism Or Whistle Blower Policy Is Placed
http://www.zfindia.com/policies-codes.php
Disclosure Web Link Of Company At Which Financial Results Is Placed
http://www.zfindia.com/financial-results.php
Disclosure Web Link Of Company At Which Policy For Determining Material Subsidiaries Is Placed
http://www.zfindia.com/policies-codes.php
Disclosure Web Link Of Company At Which Policy On Dealing With Related Party Transactions Is Placed
http://www.zfindia.com/policies-codes.php
Disclosure Web Link Of Company At Which Shareholding Pattern Is Placed
http://www.zfindia.com/shareholding-pattern.php
Disclosure Web Link Of Compliance With Sub Regulation3Of Regulation46With Respect To Accuracy Of Disclosures On The Website And Timely Updation Is Placed
http://www.zfindia.com/index.php
Disclosure Web Link Of Confirmation That The Disclosures Are In A Separate Section As Specified In Sub Regulation2Of Regulation46Is Placed
http://www.zfindia.com/index.php
Disclosure Web Link Of Disclosure Of Contact Details Of KMP Who Are Authorized For The Purpose Of Determining Materiality Under Sub Regulation5Of Regulation30Is Placed
http://www.zfindia.com/finance.php
Disclosure Web Link Of Disclosures Under Sub Regulation8Of Regulation30Is Placed
http://www.zfindia.com/corporate-announcements.php
Disclosure Web Link Of Memorandum Of Association And Articles Of Association Is Placed
http://www.zfindia.com/profile/profile.php
Disclosure Web Link Of Secretarial Compliance Report Is Placed
http://www.zfindia.com/annual-secreterial-compliance-report.php
Disclosures Under Sub Regulation8Of Regulation30
Yes
Dividend Distribution Policy As Per Regulation43A1
Not Applicable
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
INE116C01012
Market Capitalisation As Per Immediate Previous Financial Year
Top 2000 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
Mr. Satish Mehta
Name Of Signatory Affirmations
Satish Mehta
Name Of Signatory For Annual Affirmations
Satish Mehta
Name Of Signatory For Quartely Affirmations
Mr. Satish Mehta
Name Of The Company
ZF Steering Gear (India) 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
Pune
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
Reason For Part F Of Annexure I Of The SEBI Circular Dated31December2024Related To Disclosure Of Loans Or Guarantees Or Comfort Letters Or Securities Etc Is Not Applicable To The Entity
There is no loan / guarantee / comfort letter / security advanced / provided directly or indirectly to promoters / promoters group / directors / KMP or any other entity controlled by them during the half year ended on March 31, 2026. Loans were given only to the subsidiary company of our Company, whose accounts are consolidated with the listed entity.
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
Not Applicable
SCORES Registration ID
Z00015
Scrip Code
505163
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
NOTLISTED
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 Company
Equity
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
No

Additional Disclosures

Entry D_MeetingBOD1
Whether Requirement Of Quorum Met
Yes
Entry D_MeetingBOD2
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
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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
Yes
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
1MrDinesh Munot******00049801Executive DirectorChairperson08-Dec-1947NoActiveNot Applicable08-Nov-198628-Jul-20212110
2MrUtkarsh Munot******00049903Executive DirectorNot ApplicableMD30-Dec-1980NoActiveNot Applicable31-Oct-200619-May-20211020
3MrsSmita Lahoti******08764528Non-Executive - Independent DirectorNot Applicable20-Jan-1978NoActiveNot Applicable27-Jun-202027-Jun-202569.132221
4MrDinesh Bothra******00049883Non-Executive - Non Independent DirectorNot Applicable01-Jun-1967NoActiveNot Applicable03-Feb-20241010
5MrRohit Rathi******00018654Non-Executive - Independent DirectorNot ApplicableShareholder Director09-Aug-1974NoActiveNot Applicable06-Aug-202419.831110
6MrShrenik Gandhi******10929891Non-Executive - Independent DirectorNot Applicable09-Sep-1986NoActiveNot Applicable01-Apr-2025121122
7MrBharat Agarwal******00256915Non-Executive - Independent DirectorNot Applicable07-Aug-1981NoActiveNot Applicable01-Apr-2025121110

Committee Disclosures

Entry CompComit122
Date of Appointment
29-Sep-2014
Entry CompComit123
Date of Appointment
29-Sep-2014
Entry CompComit124
Date of Appointment
01-Apr-2025
Entry CompComit14
Date of Appointment
01-Apr-2025
Entry CompComit15
Date of Appointment
01-Aug-2020
Entry CompComit16
Date of Appointment
01-Apr-2025
Entry CompComit17
Date of Appointment
01-Apr-2025
Entry CompComit18
Date of Appointment
01-Apr-2020
Entry CompComit41
Date of Appointment
01-Apr-2025
Entry CompComit42
Date of Appointment
21-Apr-2022
Entry CompComit43
Date of Appointment
01-Apr-2025
Entry CompComit44
Date of Appointment
15-Sep-2024
Entry CompComit68
Date of Appointment
01-Apr-2025
Entry CompComit69
Date of Appointment
21-Apr-2022
Entry CompComit70
Date of Appointment
15-Sep-2024
Entry MainD
Composition And Role Of Risk Management Committee
Not Applicable
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
http://www.zfindia.com/profile/committees.php
Memberships In Committees
Yes
Prior Or Omnibus Approval Of Audit Committee For All Related Party Transactions
Yes
Risk Management Committee
No
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
Not Applicable
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 Stakeholders Relationship Committee Has A Regular Chairperson
Yes

Audit Committee

Additional Position
Chairperson
Director DIN
10929891
Member Name
Shrenik Gandhi
Position
Non-Executive - Independent Director

Audit Committee

Additional Position
Member
Director DIN
08764528
Member Name
Smita Lahoti
Position
Non-Executive - Independent Director

Audit Committee

Additional Position
Member
Director DIN
00018654
Member Name
Rohit Rathi
Position
Non-Executive - Independent Director

Audit Committee

Additional Position
Member
Director DIN
00256915
Member Name
Bharat Agarwal
Position
Non-Executive - Independent Director

Audit Committee

Additional Position
Member
Director DIN
00049903
Member Name
Utkarsh Munot
Position
Executive Director

Audit Committee

Audit Committee

Corporate Social Responsibility Committee

Additional Position
Chairperson
Director DIN
00049801
Member Name
Dinesh Munot
Position
Executive Director

Corporate Social Responsibility Committee

Additional Position
Member
Director DIN
00049903
Member Name
Utkarsh Munot
Position
Executive Director

Corporate Social Responsibility Committee

Additional Position
Member
Director DIN
00256915
Member Name
Bharat Agarwal
Position
Non-Executive - Independent Director

Corporate Social Responsibility Committee

Nomination and remuneration committee

Additional Position
Chairperson
Director DIN
00256915
Member Name
Bharat Agarwal
Position
Non-Executive - Independent Director

Nomination and remuneration committee

Additional Position
Member
Director DIN
08764528
Member Name
Smita Lahoti
Position
Non-Executive - Independent Director

Nomination and remuneration committee

Additional Position
Member
Director DIN
00018654
Member Name
Rohit Rathi
Position
Non-Executive - Independent Director

Nomination and remuneration committee

Additional Position
Member
Director DIN
00049883
Member Name
Dinesh Bothra
Position
Non-Executive - Non Independent Director

Stakeholders Relationship Committee

Additional Position
Chairperson
Director DIN
10929891
Member Name
Shrenik Gandhi
Position
Non-Executive - Independent Director

Stakeholders Relationship Committee

Additional Position
Member
Director DIN
00049903
Member Name
Utkarsh Munot
Position
Executive Director

Stakeholders Relationship Committee

Additional Position
Member
Director DIN
00049883
Member Name
Dinesh Bothra
Position
Non-Executive - Non Independent Director
Entry MainD
Gap Between The Meetings Of The Risk Management Committee
Not Applicable
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
Not Applicable
Meeting Of Stakeholders Relationship Committee
Yes
Quorum Of Board Meeting
Yes
Quorum Of Nomination And Remuneration Committee Meeting
Yes
Quorum Of Risk Management Committeemeeting
Not Applicable
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
06-Nov-2025
Number Of Directors Present In Meeting Of Board Of Directors
7
Number Of Independent Directors Attending The Meeting
4
Total Number Of Directors As On Date Of The Meeting
7
Entry MeetingBOD2
Dates Of Meeting If Any In The Relevant Quarter
31-Jan-2026
Maximum Gap Between Any Two Consecutive Meetings
85
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
7
Entry MeetingComit1
Dates Of Meeting Of The Committee In The Previous Quarter
06-Nov-2025
Number Of Director Present In Meeting Of Committee All Directors Including Independent Director
5
Number Of Independent Director Attending Meeting Of Committee
4
Number Of Member Attending Meeting Of Committee
0
Total Number Of Directors As On Date Of The Meeting
5
Entry MeetingComit2
Dates Of Meeting Of The Committee In The Relevant Quarter
31-Jan-2026
Maximum Gap Between Any Two Consecutive Meetings
85
Number Of Director Present In Meeting Of Committee All Directors Including Independent Director
4
Number Of Independent Director Attending Meeting Of Committee
3
Number Of Member Attending Meeting Of Committee
0
Total Number Of Directors As On Date Of The Meeting
5
Entry MeetingComit3
Dates Of Meeting Of The Committee In The Relevant Quarter
31-Jan-2026
Number Of Director Present In Meeting Of Committee All Directors Including Independent Director
2
Number Of Independent Director Attending Meeting Of Committee
0
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
http://www.zfindia.com/finance.php
Disclosure Web Link Of Company At Which Email Address For Grievance Redressal And Other Relevant Details Is Placed
http://www.zfindia.com/finance.php
Email Address For Grievance Redressal And Other Relevant Details
Yes
No Of Investor Complaints Disposed Off During The Period
2
No Of Investor Complaints During The Period
0
No Of Investor Complaints Received During The Period
2
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
Composition Of Board Of Directors Of Unlisted Material Subsidiary
Yes
Reason For Part C Of Annexure I Of The SEBI Circular Dated31December2024Related To Disclosure Of Acquisition Of Shares Or Voting Rights In Unlisted Companies Is Not Applicable To The Entity
The company has not acquired any shares in the unlisted company during the quarter
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
No
Entry I_OngoingTaxLitigationsOrDisputes1
Current Status
CIT(A)-28, Delhi, has vide orders dated 27.03.2026, disposed of the aforesaid appeals and disallowed the Company’s claim for deduction under Sections 80-IA/ 80-IB for the said assessment years. The Company is in a process of filing appropriate rectification applications/ further appeals before the higher appellate authorities against the said orders
Date of Initiation
04-Aug-2006
Opposing Party
Income Tax Department
Status (Previous Disclosure)
The Income Tax Appellate Tribunal, Pune Bench, vide its earlier orders dated 04.08.2006, 27.11.2007 and 18.02.2008, had restored the matter to the file of the Commissioner of Income Tax (Appeals) (CIT(A)) for fresh adjudication in respect of the Company’s claim of deduction under Sections 80-IA and 80-IB of the Income-tax Act, 1961 for Assessment Years (AY) 1995–96 to AY 2004–05
Entry I_OngoingTaxLitigationsOrDisputes10
Current Status
On 19.03.2026, the Adjudication Officer, Pithampur, Madhya Pradesh has passed an order and allowed input credit claimed by the assessee and also deleted the tax demand raised for the FY 2022-23, except interest liability of Rs. 1,35,310/-. In the said order, the Officer has levied Penalty of Rs. 71,439/- The assessee Company is in the process of filing an appeal against the interest & penalty liability determined by the Adjudication Authority.
Date of Initiation
02-May-2025
Opposing Party
Goods & Service Tax Department
Status (Previous Disclosure)
The GST Audit is completed in respect of Pithampur Plant (GSTN – 23AAACZ0549G1ZJ) for the financial year (FY) 2022-23. The Department has issued Show Cause Notice on 02.05.2025 in Form GST DRC-01, wherein the GST Department has sought in explanation on GST Input Credit, short / non payment of tax of Rs. 1,03,41,427/- and interest of Rs. 1,35,310/-. On 23.05.2025, we have filed detailed response before the Adjudication Officer, Pithampur, Madhya Pradesh.
Entry I_OngoingTaxLitigationsOrDisputes11
Current Status
Not yet listed for hearing
Date of Initiation
17-Oct-2023
Opposing Party
Goods & Service Tax Department
Status (Previous Disclosure)
Appeal has been filed before GST Appellate Authority, Rudrapur, against the order passed u/s 129(3) of the CGST Act on 07.09.2023 for the FY 2023-24
Entry I_OngoingTaxLitigationsOrDisputes12
Current Status
Hearing is under process
Date of Initiation
21-Sep-2024
Opposing Party
Goods & Service Tax Department
Status (Previous Disclosure)
Appeal has been filed before GST Appellate Authority, Madhya Pradesh, against the ORDER-IN-ORIGINAL issued on dated 25.06.2024 under section 73(1) of CGST Act, 2017 read with MPGST Act, 2017 and IGST Act, 2017 for the FY 2019-20
Entry I_OngoingTaxLitigationsOrDisputes13
Current Status
Not yet listed for hearing
Date of Initiation
18-Jan-2025
Opposing Party
Goods & Service Tax Department
Status (Previous Disclosure)
Appeal has been filed before GST Appellate Authority, Karnatata against the order pssed by the the Deputy Commissioner – Commercial Tax, Vijayapura, Karnataka dt. 18.01.2025 under section 129(3) of the CGST Act and levied GST penalty of Rs. 4,59,608/- for mistake in preparation of E-way bill.
Entry I_OngoingTaxLitigationsOrDisputes14
Current Status
Presently, the said 2 suits are pending for adjudication before the Hon’ble District Court, Pune.
Date of Initiation
30-Jun-2023
Opposing Party
ZF Steering Gear (I) Ltd v/s ZF Friedrichshafen AG and others
Status (Previous Disclosure)
The Company has filed 2 (two) commercial suits 22/2023 & 23/2023 against ZF Friedrichshafen AG and others, before the Hon’ble District Court, Pune claiming damages of Rs. 200 crore in each suit, for permanent injuction Section under section 142 of the Trade Marks Act, 1999 and for for passing off under section 134 of the Trade Marks Act, 1999
Entry I_OngoingTaxLitigationsOrDisputes15
Current Status
Pending at interim application stage
Date of Initiation
10-Sep-2024
Opposing Party
ZF Friedrichshafen AG and others v/s ZF Steering Gear (I) Ltd
Status (Previous Disclosure)
ZF Friedrichshafen AG has filed Commercial IP Suit No. (L): 27382 of 2024 along with Interim Application No. (L): 28099 of 2024 before the Hon'ble Bombay High Court, inter-alia alleges an infringement and passing off, of the trademark/mark “ZF” and/or “ZF India” and a claim of Rs.100 Crores as damages. The case is now listed for hearing of interim application.
Entry I_OngoingTaxLitigationsOrDisputes16
Current Status
The Hon’ble High Court vide interim order dt. 05.12.2025 stayed the order dt. 16.05.2025, subject to deposit of 50% of the assessed amount with Court, which the Company has deposited on 07.01.2026.
Date of Initiation
16-May-2025
Opposing Party
Pune Mathadi, Hamal and Other Manual Workers Board
Status (Previous Disclosure)
The Pune Mathadi, Hamal and Other Manual Workers Board has passed the order 16.05.2025 and directed the Company to pay an amount of Rs 57.60 Lakhs to mathadi workers for the period from January 2024 to April 2025. On 20.06.2025, Writ Petition have been filed before Hon'ble Bombay High Court, against the notice passed the Mathadi Board dt. 16.05.2025.
Entry I_OngoingTaxLitigationsOrDisputes17
Current Status
We have filed our detailed written statement before the Ghodnadi Court, Shirur on 19.09.2025 for dismissal of suit filed by Mr. Shitole. Pending at hearing stage
Date of Initiation
27-May-2025
Opposing Party
Mr. Sunil Baban Shitole
Status (Previous Disclosure)
The present civil suit has been filed by Mr. Shitole to claim right in the plot of land acquired by the Company in year 1995 at Vadu Budruk, Taluka Shirur, District Pune.
Entry I_OngoingTaxLitigationsOrDisputes18
Current Status
The writ petitions are registered in the Court and pending at hearing stage. Affidavit of service is also filed with the Court.
Date of Initiation
08-Nov-2025
Opposing Party
Mr. Pandharinath Sarjerao Khandagle & other 15 workers
Status (Previous Disclosure)
The Company has filed writ petitions (total 16) before the Hon'ble Bombay High Court challenging the order dated 08.07.2025 passed by the Labour Court, Pune, wherein the Labour Court held that the enquiry conducted against the defendant is not proper, legal & fair.
Entry I_OngoingTaxLitigationsOrDisputes2
Current Status
Necessary submission have been filed, now at hearing stage.
Date of Initiation
29-Sep-2021
Opposing Party
Income Tax Department
Status (Previous Disclosure)
Appeals has been filed before Commissioner of Income Appeal - 28, Delhi, against the assessment orders passed u/s 153A of the Income Tax Act for the AY 2014-15 to AY 2019-20 and u/s 143(3) of the Income Tax Act for the AY 2020-21.
Entry I_OngoingTaxLitigationsOrDisputes3
Current Status
Necessary submission have been filed, now at hearing stage.
Date of Initiation
03-Nov-2017
Opposing Party
Income Tax Department
Status (Previous Disclosure)
Appeal has been filed before Commissioner of Income Appeal - 28, Delhi, against TDS order passed u/s 154 of the Income Tax Act for AY 2013-14
Entry I_OngoingTaxLitigationsOrDisputes4
Current Status
At admission stage
Date of Initiation
24-Feb-2023
Opposing Party
Income Tax Department
Status (Previous Disclosure)
The Income Tax Department has challenged the order passed by the Hon'ble Pune Tribunal's order dt. 08.02.2022 for AY 2013-14 before the Hon'ble Bombay High Court
Entry I_OngoingTaxLitigationsOrDisputes5
Current Status
At admission stage
Date of Initiation
06-Jun-2023
Opposing Party
Income Tax Department
Status (Previous Disclosure)
Appeal has been filed against the order passed by the Hon'ble Pune Tribunal's order dt. 07.02.2023 for AY 2014-15 before the Hon'ble Bombay High Court
Entry I_OngoingTaxLitigationsOrDisputes6
Current Status
Ad-interim stay has been granted by the Hon'ble Bombay High Court vide order dt. 19.06.2024. Now under admission stage.
Date of Initiation
18-Jun-2024
Opposing Party
Income Tax Department
Status (Previous Disclosure)
Writ Petition have been filed before Hon'ble Bombay High Court, against the notice issued by the Assessing Officer dt. 26.03.2012 u/s 148 of the Income Tax Act read with the reason disposal Order dt. 06.06.2024 and Show Cause Notice dt. 12.06.2024 for the AY 2005-06
Entry I_OngoingTaxLitigationsOrDisputes7
Current Status
On 27.03.2026, the Hon'ble Income Tax Appellate Tribunal, Delhi has passed an order and quashed the penalty order. On 15.04.2026, the assessee has filed an application with the Assessing officer to pass the Order giving effect to the Tribunal's order.
Date of Initiation
05-Aug-2025
Opposing Party
Income Tax Department
Status (Previous Disclosure)
On 05.08.2025 Appeal has been filed before Income Tax Appellate Tribunal, Delhi, challeging the Penalty order passed by the Hon'ble APPEAL CIT (A), Delhi- 26 order dt. 30.06.2025 for AY 2014-15
Entry I_OngoingTaxLitigationsOrDisputes8
Current Status
Necessary submission have been filed, now at hearing stage.
Date of Initiation
11-Dec-2020
Opposing Party
Sales Tax Department
Status (Previous Disclosure)
Appeal has been filed before Joint Commissioner Appeal, Sales Tax, against the Assessment Order u/s 23 of the Maharashtra Value Added Act, 2002 for the FY 2016-17
Entry I_OngoingTaxLitigationsOrDisputes9
Current Status
At admission stage
Date of Initiation
09-Feb-2022
Opposing Party
Central Excise Department
Status (Previous Disclosure)
Appeal has been filed before CESTAT, Mumbai, agaist the order passed by the Commissioner (Appeals-I), Central Tax, Pune order dt. 29.10.2021 Order-in-Appeal No. PUN-EXCUS-001-APP-81/2021-22
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
Entry I_ImpositionOfFineOrPenalty1
Authority
Commissioner of Income Tax Appeal - 26, Delhi
Date Of Receipt Of Direction Or Order Including Any Ad Interim Or Interim Orders Or Any Other Communication From The Authority
27-Mar-2026
Financial / Operational Impact
On 27.03.2026, the Hon'ble Income Tax Appellate Tribunal, Delhi has passed an order and quashed the penalty order. On 15.04.2026, the assessee has filed an application with the Assessing officer to pass the Order giving effect to the Tribunal's order.
Nature And Details Of The Action Taken Or Order Passed
"On 05.08.2025 Appeal has been filed before Income Tax Appellate Tribunal, Delhi, challeging the Penalty order passed by the Hon'ble APPEAL CIT (A), Delhi- 26 order dt. 30.06.2025 for AY 2014-15 "
Violation Details
Penalty is confirmed under section 271(1)(c) of the Income Tax Act, 1961 of Rs. 7,51,902/- basis of assessment order passed
Entry I_ImpositionOfFineOrPenalty2
Authority
Assistant Commissioner CGST & Central Excise Division-I, Pithampur
Date Of Receipt Of Direction Or Order Including Any Ad Interim Or Interim Orders Or Any Other Communication From The Authority
19-Mar-2026
Financial / Operational Impact
The assessee is in process of filing an appeal before the Appellate Authority against the demand of interest liability and penalty amount.
Nature And Details Of The Action Taken Or Order Passed
On 19.03.2026, the Assistant Commissioner of CGST, Pithampur has passed an order allowed input credit claimed by the assessee and also deleted the tax demand raised for the FY 2022-23, except interest liability of Rs. 1,35,310/-. In the said order, the Officer has levied Penalty of Rs. 71,439/-
Violation Details
Penalty of Rs. 71,439/- is levied under Section 74 of the CGST Act, 2017 along with corresponding provisions of MPGST Act 2017 and IGST Act 2017
Entry MainD
Whether Part D Of Annexure I Of The SEBI Circular Dated31December2024Related To Disclosure Of Imposition Of Fine Or Penalty Is Applicable To The Entity
Yes