Baazar Style Retail Ltd

Integrated Filing — Corporate Governance (NSE XBRL)

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Filing Summary

Company
Baazar Style Retail Limited
Symbol
STYLEBAAZA
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
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
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
28-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
https://stylebaazar.in/investors
Disclosure Web Link Of Audio Or Video Recordings And Transcripts Of Post Earinings Or Quarterly Calls Is Placed
https://stylebaazar.in/investors
Disclosure Web Link Of Company At Advertisements As Per Regulation471Is Placed
https://stylebaazar.in/investors
Disclosure Web Link Of Company At Details Of Non Compliance Of New Name And The Old Name Of The Listed Entity Is Placed
https://stylebaazar.in/investors
Disclosure Web Link Of Company At Dividend Distribution Policy As Per Regulation43A1Is Placed
https://stylebaazar.in/investors
Disclosure Web Link Of Company At Materiality Policy As Per Sub Regulation4Regulation30Is Placed
https://stylebaazar.in/investors
Disclosure Web Link Of Company At Separate Audited Financial Statements Of Each Subsidiary Of The Listed Entity Is Placed
https://stylebaazar.in/investors
Disclosure Web Link Of Company At Which Credit Rating Or Revision In Credit Rating Obtained Is Placed
https://stylebaazar.in/investors
Disclosure Web Link Of Company At Which Details Of Business Is Placed
https://stylebaazar.in/
Disclosure Web Link Of Company At Which Details Of Establishment Of Vigil Mechanism Or Whistle Blower Policy Is Placed
https://stylebaazar.in/investors
Disclosure Web Link Of Company At Which Financial Results Is Placed
https://stylebaazar.in/investors
Disclosure Web Link Of Company At Which Policy For Determining Material Subsidiaries Is Placed
https://stylebaazar.in/investors
Disclosure Web Link Of Company At Which Policy On Dealing With Related Party Transactions Is Placed
https://stylebaazar.in/investors
Disclosure Web Link Of Company At Which Shareholding Pattern Is Placed
https://stylebaazar.in/investors
Disclosure Web Link Of Compliance With Sub Regulation3Of Regulation46With Respect To Accuracy Of Disclosures On The Website And Timely Updation Is Placed
https://stylebaazar.in/investors
Disclosure Web Link Of Confirmation That The Disclosures Are In A Separate Section As Specified In Sub Regulation2Of Regulation46Is Placed
https://stylebaazar.in/investors
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://stylebaazar.in/investors
Disclosure Web Link Of Disclosures Under Sub Regulation8Of Regulation30Is Placed
https://stylebaazar.in/investors
Disclosure Web Link Of Memorandum Of Association And Articles Of Association Is Placed
https://stylebaazar.in/investors
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://stylebaazar.in/investors
Disclosure Web Link Of Secretarial Compliance Report Is Placed
https://stylebaazar.in/investors
Disclosure Web Link Of Statements Of Deviations Or Variations As Specified In Regulation32Is Placed
https://stylebaazar.in/investors
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
INE01FR01028
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
Abinash Singh
Name Of Signatory Affirmations
Abinash Singh
Name Of Signatory For Annual Affirmations
Abinash Singh
Name Of Signatory For Quartely Affirmations
Abinash Singh
Name Of The Company
BAAZAR STYLE RETAIL LIMITED
New Name And The Old Name Of The Listed Entity
Yes
Other Corporate Governance Requirements With Respect To Subsidiary Of Listed Entity
Yes
Place
Kolkata
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
Disclsoure related to Loans/ Guarantees/ comfort letters/ Securities is not applicable to the entity for the quarter ended on March 31, 2026.
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
COMB00721
Scrip Code
544243
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
Yes
Symbol
STYLEBAAZA
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_MeetingBOD3
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
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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
1MrRohit Kedia******06562024Executive DirectorChairperson related to Promoter19-Oct-1981NoActiveNot Applicable03-Jun-201304-Feb-20241000
2MrShreyans Surana******02559280Executive DirectorNot ApplicableMD19-Dec-1988NoActiveNot Applicable01-Sep-201330-Mar-20251010
3MrPradeep Kumar Agarwal******02195697Executive DirectorNot Applicable01-Aug-1965NoActiveNot Applicable30-Sep-201724-Sep-20251020
4MrBhagwan Prasad******01228213Executive DirectorNot Applicable16-Feb-1970NoActiveNot Applicable08-Apr-201704-Feb-20241000
5MrsUshma Sheth Sule******07460369Non-Executive - Non Independent DirectorNot Applicable12-Apr-1978NoActiveNot Applicable21-Aug-201824-Sep-20252120
6MrDhanpat Ram Agarwal******00322861Non-Executive - Independent DirectorNot Applicable13-Jan-1959NoActiveNot Applicable01-Mar-202201-Mar-2022492233
7MrsRicha Manoj Goyal******00159889Non-Executive - Independent DirectorNot Applicable08-Jan-1975NoActiveNot Applicable04-Feb-202404-Feb-202425.256684
8MrSaurabh Mittal******10471748Non-Executive - Independent DirectorNot Applicable06-Jan-1976NoActiveNot Applicable04-Feb-202404-Feb-202425.251100
9MrPrashant Singhania******08538079Non-Executive - Independent DirectorNot Applicable25-Jun-1979NoActiveNot Applicable04-Feb-202404-Feb-202425.252210
10MrRishabh Narendra Jain******10480325Non-Executive - Independent DirectorNot Applicable31-Dec-1984NoActiveNot Applicable04-Feb-202404-Feb-202425.251110

Committee Disclosures

Entry CompComit122
Date of Appointment
04-Feb-2024
Entry CompComit123
Date of Appointment
04-Feb-2024
Entry CompComit124
Date of Appointment
04-Feb-2024
Entry CompComit14
Date of Appointment
04-Feb-2024
Entry CompComit15
Date of Appointment
04-Feb-2024
Entry CompComit16
Date of Appointment
04-Feb-2024
Entry CompComit41
Date of Appointment
04-Feb-2024
Entry CompComit42
Date of Appointment
04-Feb-2024
Entry CompComit43
Date of Appointment
04-Feb-2024
Entry CompComit68
Date of Appointment
04-Feb-2024
Entry CompComit69
Date of Appointment
04-Feb-2024
Entry CompComit70
Date of Appointment
04-Feb-2024
Entry CompComit95
Date of Appointment
04-Feb-2024
Entry CompComit96
Date of Appointment
04-Feb-2024
Entry CompComit97
Date of Appointment
04-Feb-2024
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://stylebaazar.in/investors
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
00322861
Member Name
Dhanpat Ram Agarwal
Position
Non-Executive - Independent Director

Audit Committee

Additional Position
Member
Director DIN
10480325
Member Name
Rishabh Narendra Jain
Position
Non-Executive - Independent Director

Audit Committee

Additional Position
Member
Director DIN
02195697
Member Name
Pradeep Kumar Agarwal
Position
Executive Director

Audit Committee

Audit Committee

Audit Committee

Corporate Social Responsibility Committee

Additional Position
Chairperson
Director DIN
02559280
Member Name
Shreyans Surana
Position
Executive Director

Corporate Social Responsibility Committee

Additional Position
Member
Director DIN
02195697
Member Name
Pradeep Kumar Agarwal
Position
Executive Director

Corporate Social Responsibility Committee

Additional Position
Member
Director DIN
08538079
Member Name
Prashant Singhania
Position
Non-Executive - Independent Director

Nomination and remuneration committee

Additional Position
Chairperson
Director DIN
10471748
Member Name
Saurabh Mittal
Position
Non-Executive - Independent Director

Nomination and remuneration committee

Additional Position
Member
Director DIN
08538079
Member Name
Prashant Singhania
Position
Non-Executive - Independent Director

Nomination and remuneration committee

Additional Position
Member
Director DIN
10480325
Member Name
Rishabh Narendra Jain
Position
Non-Executive - Independent Director

Risk Management Committee

Additional Position
Chairperson
Director DIN
00322861
Member Name
Dhanpat Ram Agarwal
Position
Non-Executive - Independent Director

Risk Management Committee

Additional Position
Member
Director DIN
02559280
Member Name
Shreyans Surana
Position
Executive Director

Risk Management Committee

Additional Position
Member
Director DIN
00000000
Member Name
Nitin Singhania
Notes
Mr. Nitin Singhania is a CFO of the Company
Position
Chief Financial Officer

Risk Management Committee

Risk Management Committee

Stakeholders Relationship Committee

Additional Position
Chairperson
Director DIN
00159889
Member Name
Richa Manoj Goyal
Position
Non-Executive - Independent Director

Stakeholders Relationship Committee

Additional Position
Member
Director DIN
02559280
Member Name
Shreyans Surana
Position
Executive Director

Stakeholders Relationship Committee

Additional Position
Member
Director DIN
02195697
Member Name
Pradeep Kumar Agarwal
Position
Executive 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
10-Nov-2025
Number Of Directors Present In Meeting Of Board Of Directors
10
Number Of Independent Directors Attending The Meeting
5
Total Number Of Directors As On Date Of The Meeting
10
Entry MeetingBOD2
Dates Of Meeting If Any In The Relevant Quarter
20-Jan-2026
Maximum Gap Between Any Two Consecutive Meetings
70
Number Of Directors Present In Meeting Of Board Of Directors
10
Number Of Independent Directors Attending The Meeting
5
Total Number Of Directors As On Date Of The Meeting
10
Entry MeetingBOD3
Dates Of Meeting If Any In The Relevant Quarter
06-Feb-2026
Maximum Gap Between Any Two Consecutive Meetings
16
Number Of Directors Present In Meeting Of Board Of Directors
9
Number Of Independent Directors Attending The Meeting
5
Total Number Of Directors As On Date Of The Meeting
10
Entry MeetingComit1
Dates Of Meeting Of The Committee In The Previous Quarter
10-Nov-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
7
Total Number Of Directors As On Date Of The Meeting
3
Entry MeetingComit2
Dates Of Meeting Of The Committee In The Relevant Quarter
20-Jan-2026
Maximum Gap Between Any Two Consecutive Meetings
70
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
2
Total Number Of Directors As On Date Of The Meeting
3
Entry MeetingComit3
Dates Of Meeting Of The Committee In The Relevant Quarter
06-Feb-2026
Maximum Gap Between Any Two Consecutive Meetings
16
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
6
Total Number Of Directors As On Date Of The Meeting
3
Entry MeetingComit4
Dates Of Meeting Of The Committee In The Relevant Quarter
27-Mar-2026
Maximum Gap Between Any Two Consecutive Meetings
48
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 MeetingComit5
Dates Of Meeting Of The Committee In The Previous Quarter
24-Oct-2025
Number Of Director Present In Meeting Of Committee All Directors Including Independent Director
2
Number Of Independent Director Attending Meeting Of Committee
1
Number Of Member Attending Meeting Of Committee
5
Total Number Of Directors As On Date Of The Meeting
2
Entry MeetingComit6
Dates Of Meeting Of The Committee In The Previous Quarter
10-Dec-2025
Maximum Gap Between Any Two Consecutive Meetings
46
Number Of Director Present In Meeting Of Committee All Directors Including Independent Director
2
Number Of Independent Director Attending Meeting Of Committee
1
Number Of Member Attending Meeting Of Committee
5
Total Number Of Directors As On Date Of The Meeting
2
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://stylebaazar.in/investors
Disclosure Web Link Of Company At Which Email Address For Grievance Redressal And Other Relevant Details Is Placed
https://stylebaazar.in/investors
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
Composition Of Board Of Directors Of Unlisted Material Subsidiary
Not Applicable
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
No shares of unlisted companies have been acquired 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
The Company has filed (ARN: AD191025001491K) dated October 09, 2025 an appeal before Senior Joint Commissioner Appellate Authority, Goods & Service Tax, Government of West Bengal, Directorate of Commercial Taxes and the same is under consideration /review. The status of the case is same as reported in the previous quarter.
Date of Initiation
05-Mar-2025
Opposing Party
Deputy Commissioner of Revenue and Others
Status (Previous Disclosure)
The Company has filed (ARN: AD191025001491K) dated October 09, 2025 an appeal before Senior Joint Commissioner Appellate Authority, Goods & Service Tax, Government of West Bengal, Directorate of Commercial Taxes and the same is under consideration /review.
Entry I_OngoingTaxLitigationsOrDisputes2
Current Status
The Company has filied an Appeal ( Provisional Acknowledgement AD190725015896J) before the Commissioner, Central Tax (Appeal) on July 25, 2025 as directed The Hon'ble Calcutta High Court and the same is still under consideration. The status of the case is same as reported in the previous quarter.
Date of Initiation
05-Mar-2025
Opposing Party
Additional Commissioner, CGST and Central Excise, Kolkata North Commissionerate & Anr.
Status (Previous Disclosure)
The Company has filied an Appeal ( Provisional Acknowledgement AD190725015896J) before the Commissioner, Central Tax (Appeal) on July 25, 2025 as directed The Hon'ble Calcutta High Court and the same is still under consideration. The status of the case is same as reported in the previous quarter.
Entry I_OngoingTaxLitigationsOrDisputes3
Current Status
The Appeal filed by the Company before the Joint Commissioner (Appeals) or the Commissioner of Income-tax (Appeals) on April 26, 2025 (reference no. 945968940260425) is currently under consideration/review. The status of the case is same as reported in the previous quarter.
Date of Initiation
28-Mar-2025
Opposing Party
National Faceless Assessment Centre, Assessment Unit, Income Tax Department
Status (Previous Disclosure)
The Appeal filed by the Company before the Joint Commissioner (Appeals) or the Commissioner of Income-tax (Appeals) on April 26, 2025 (reference no. 945968940260425) is currently under consideration/review. The status of the case is same as reported in the previous quarter.
Entry I_OngoingTaxLitigationsOrDisputes4
Current Status
The appeal filed under Acknowledgment No. 178594070170424 on April 17, 2024, before the Joint Commissioner (Appeals)/Commissioner of Income Tax (Appeals), continues to remain under process. Subsequently, the Income Tax Processing Centre has adjusted a refund amounting to ₹96,71,190, pertaining to Assessment Year 2025–26, against the outstanding demand for Assessment Year 2018–19. The matter remains pending and is still under consideration before the appellate authority as on March 31, 2026.
Date of Initiation
14-Apr-2024
Opposing Party
Assessment Unit, Income Tax Department
Status (Previous Disclosure)
The appeal filed with acknowledgment no. 178594070170424 on April 17, 2024, before the Joint Commissioner (Appeals) or the Commissioner of Income Tax (Appeals) is currently under process as on December 31, 2025. The status of the case is same as reported in the previous quarter.
Entry I_OngoingTaxLitigationsOrDisputes5
Current Status
The Hon'ble High Court at Culcutta vide order dated September 19, 2025 further extended the stay order passed earlier dated July 2, 2024 till the end of April 2026 or monthly hearing scheduled for December 2025, whicever is earlier. The status of the case is same as reported in the previous quarter.
Date of Initiation
09-May-2024
Opposing Party
Assistant Commissioner of Income Tax or the Union of India (represented by the Assistant Commissioner)
Status (Previous Disclosure)
The Hon'ble High Court at Culcutta vide order dated September 19, 2025 further extended the stay order passed earlier dated July 2, 2024 till the end of April 2026 or monthly hearing scheduled for December 2025, whicever is earlier. The status of the case is same as reported in the previous quarter.
Entry I_OngoingTaxLitigationsOrDisputes6
Current Status
The writ petition (Writ No. WPA/8089/2025) filed on April 7, 2025, before the Hon’ble High Court at Calcutta was withdrawn on July 17, 2025 and an Appeal ( Provisional Acknowledgement AD190725015896J) has been filed before the Commissioner, Central Tax (Appeal) on July 25, 2025 and the same is still under consideration. The status of the case is same as reported in the previous quarter.
Date of Initiation
07-Apr-2025
Opposing Party
Additional Commissioner, CGST and Central Excise, Kolkata North Commissionerate & Anr.
Status (Previous Disclosure)
The writ petition (Writ No. WPA/8089/2025) filed on April 7, 2025, before the Hon’ble High Court at Calcutta was withdrawn on July 17, 2025 and an Appeal ( Provisional Acknowledgement AD190725015896J) has been filed before the Commissioner, Central Tax (Appeal) on July 25, 2025 and the same is still under consideration. The status of the case is same as reported in the previous quarter.
Entry I_OngoingTaxLitigationsOrDisputes7
Current Status
The Company has filed an appeal (AD1903260233175 dated March 25, 2026) before Deputy Commissioner Commercial Taxes and the same is still under consideration.
Date of Initiation
26-Dec-2025
Opposing Party
Deputy Commissioner of Revenue, Directorate of Commercial Taxes, West Bengal, Kolkata
Status (Previous Disclosure)
The Company is in the process of filing a suitable appeal against the said order with "First Appellate Authority".
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
There is no instances of imposition of fine or penalty during the quarter except as disclosed Annexure (Part F) of this Integrated Corpoarte Governance for the Q4 ended March 31, 2026.
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