WeWork India Management Ltd

Integrated Filing — Corporate Governance (NSE XBRL)

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Filing Summary

Company
WeWork India Management Limited
Symbol
WEWORK
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
Yes
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
21-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://wework.co.in/investors-relations/general-meetings/#returns
Disclosure Web Link Of Audio Or Video Recordings And Transcripts Of Post Earinings Or Quarterly Calls Is Placed
https://wework.co.in/investors-relations/shareholders-information/#analysts
Disclosure Web Link Of Company At Advertisements As Per Regulation471Is Placed
https://wework.co.in/investors-relations/newspaper-advertisement/#news
Disclosure Web Link Of Company At Details Of Non Compliance Of New Name And The Old Name Of The Listed Entity Is Placed
https://wework.co.in/investors-relations/New%20name%20and%20old%20name%20of%20the%20Company%20(2).pdf
Disclosure Web Link Of Company At Dividend Distribution Policy As Per Regulation43A1Is Placed
https://wework.co.in/investors-relations/2.%20Dividend%20Distribution%20Policy.pdf
Disclosure Web Link Of Company At Materiality Policy As Per Sub Regulation4Regulation30Is Placed
https://wework.co.in/investors-relations/Policy%20on%20Disclosure%20of%20material%20events.pdf
Disclosure Web Link Of Company At Separate Audited Financial Statements Of Each Subsidiary Of The Listed Entity Is Placed
https://wework.co.in/investors-relations/disclosures/#disclosures
Disclosure Web Link Of Company At Which Credit Rating Or Revision In Credit Rating Obtained Is Placed
https://wework.co.in/investors-relations/Credit%20Ratings%20(2).pdf
Disclosure Web Link Of Company At Which Details Of Business Is Placed
https://wework.co.in/about-us/
Disclosure Web Link Of Company At Which Details Of Establishment Of Vigil Mechanism Or Whistle Blower Policy Is Placed
https://wework.co.in/investors-relations/3.%20Whistle%20Blower%20Policy.pdf
Disclosure Web Link Of Company At Which Financial Results Is Placed
https://wework.co.in/investors-relations/financial-information/#qtr-fin-res
Disclosure Web Link Of Company At Which Policy For Determining Material Subsidiaries Is Placed
https://wework.co.in/investors-relations/Policy+for+determining+Material+Subsidiaries.pdf
Disclosure Web Link Of Company At Which Policy On Dealing With Related Party Transactions Is Placed
https://wework.co.in/investors-relations/RPT_POLICY.pdf
Disclosure Web Link Of Company At Which Shareholding Pattern Is Placed
https://wework.co.in/investors-relations/shareholding-pattern/
Disclosure Web Link Of Compliance With Sub Regulation3Of Regulation46With Respect To Accuracy Of Disclosures On The Website And Timely Updation Is Placed
https://wework.co.in/investors-relations/disclosures/#disclosures
Disclosure Web Link Of Confirmation That The Disclosures Are In A Separate Section As Specified In Sub Regulation2Of Regulation46Is Placed
https://wework.co.in/investors-relations/disclosures/#disclosures
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://wework.co.in/investors-relations/Intimation%20-%20Regulation%2030(5)%20of%20SEBI%20Listing%20Regulations.pdf
Disclosure Web Link Of Disclosures Under Sub Regulation8Of Regulation30Is Placed
https://wework.co.in/investors-relations/shareholders-information/#stock-exchange-filings
Disclosure Web Link Of Employee Benefit Scheme Documents Framed In Terms Of SEBI Share Based Employee Benefits And Sweat Equity Regulations2021Is Placed
https://wework.co.in/investors-relations/disclosures/#disclosures
Disclosure Web Link Of Memorandum Of Association And Articles Of Association Is Placed
https://wework.co.in/investors-relations/disclosures/#disclosures
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://wework.co.in/investors-relations/shareholders-information/#analysts
Disclosure Web Link Of Secretarial Compliance Report Is Placed
https://wework.co.in/investors-relations/disclosures/#disclosures
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
Yes
Fees Or Compensation
Yes
Financial Results
Yes
Is SCORESID Available
Yes
ISIN
INE085001019
Market Capitalisation As Per Immediate Previous Financial Year
Top 1000 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
Udayan Shukla
Name Of Signatory Affirmations
Udayan Shukla
Name Of Signatory For Annual Affirmations
Udayan Shukla
Name Of Signatory For Quartely Affirmations
Udayan Shukla
Name Of The Company
WEWORK INDIA MANAGEMENT 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
Bengaluru
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
Not Applicable as no such Loans/Guarantees/Comfort Letterers/Securities etc were advanced/provided by the listed entity during the half year ended 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
comw00193
Scrip Code
544570
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
WEWORK
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
Yes
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_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
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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
1MrJitendra Mohandas Virwani******00027674Non-Executive - Non Independent DirectorChairperson18-Feb-1966NoActiveNot Applicable27-Sep-20243030
2MrKaran Virwani******03071954Executive DirectorNot ApplicableCEO-MD10-Nov-1991NoActiveNot Applicable07-Oct-201627-Sep-20241020
3MrAdnan Mostafa Ahmad******10838524Non-Executive - Nominee DirectorNot Applicable07-Mar-1985NoActiveNot Applicable28-Nov-20241000
4MrManoj Kumar Kohli******00162071Non-Executive - Independent DirectorNot Applicable03-Dec-1958NoActiveNot Applicable27-Sep-202427-Sep-202418.046664
5MsMahua Acharya******03030535Non-Executive - Independent DirectorNot Applicable30-Apr-1977NoActiveNot Applicable17-Oct-202417-Oct-202417.143342
6MsAnupa Rajiv Sahney******00341721Non-Executive - Independent DirectorNot Applicable19-Oct-1967NoActiveNot Applicable17-Oct-202417-Oct-202417.143384

Committee Disclosures

Entry CompComit122
Date of Appointment
22-Oct-2024
Entry CompComit123
Date of Appointment
22-Oct-2024
Entry CompComit124
Date of Appointment
23-Apr-2024
Entry CompComit14
Date of Appointment
22-Oct-2024
Entry CompComit15
Date of Appointment
22-Oct-2024
Entry CompComit16
Date of Appointment
22-Oct-2024
Entry CompComit17
Date of Appointment
22-Oct-2024
Entry CompComit41
Date of Appointment
22-Oct-2024
Entry CompComit42
Date of Appointment
22-Oct-2024
Entry CompComit43
Date of Appointment
22-Oct-2024
Entry CompComit44
Date of Appointment
22-Oct-2024
Entry CompComit68
Date of Appointment
22-Oct-2024
Entry CompComit69
Date of Appointment
22-Oct-2024
Entry CompComit70
Date of Appointment
22-Oct-2024
Entry CompComit95
Date of Appointment
22-Oct-2024
Entry CompComit96
Date of Appointment
22-Oct-2024
Entry CompComit97
Date of Appointment
22-Oct-2024
Entry CompComit98
Date of Appointment
22-Oct-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://wework.co.in/investors-relations/board-of-directors/#committee
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
00162071
Member Name
Manoj Kumar Kohli
Position
Non-Executive - Independent Director

Audit Committee

Additional Position
Member
Director DIN
00341721
Member Name
Anupa Rajiv Sahney
Position
Non-Executive - Independent Director

Audit Committee

Additional Position
Member
Director DIN
03030535
Member Name
Mahua Acharya
Position
Non-Executive - Independent Director

Audit Committee

Additional Position
Member
Director DIN
03071954
Member Name
Karan Virwani
Position
Executive Director

Audit Committee

Audit Committee

Corporate Social Responsibility Committee

Additional Position
Chairperson
Director DIN
03030535
Member Name
Mahua Acharya
Position
Non-Executive - Independent Director

Corporate Social Responsibility Committee

Additional Position
Member
Director DIN
00341721
Member Name
Anupa Rajiv Sahney
Position
Non-Executive - Independent Director

Corporate Social Responsibility Committee

Additional Position
Member
Director DIN
03071954
Member Name
Karan Virwani
Position
Executive Director

Nomination and remuneration committee

Additional Position
Chairperson
Director DIN
00341721
Member Name
Anupa Rajiv Sahney
Position
Non-Executive - Independent Director

Nomination and remuneration committee

Additional Position
Member
Director DIN
00027674
Member Name
Jitendra Mohandas Virwani
Position
Non-Executive - Non Independent Director

Nomination and remuneration committee

Additional Position
Member
Director DIN
00162071
Member Name
Manoj Kumar Kohli
Position
Non-Executive - Independent Director

Nomination and remuneration committee

Additional Position
Member
Director DIN
03030535
Member Name
Mahua Acharya
Position
Non-Executive - Independent Director

Nomination and remuneration committee

Nomination and remuneration committee

Risk Management Committee

Additional Position
Chairperson
Director DIN
03071954
Member Name
Karan Virwani
Position
Executive Director

Risk Management Committee

Additional Position
Member
Director DIN
00027674
Member Name
Jitendra Mohandas Virwani
Position
Non-Executive - Non Independent Director

Risk Management Committee

Additional Position
Member
Director DIN
00162071
Member Name
Manoj Kumar Kohli
Position
Non-Executive - Independent Director

Risk Management Committee

Additional Position
Member
Director DIN
99999999
Member Name
Hiranmai Rallabandi
Notes
Hiranmai Rallabandi is a Non-Director Member of the Risk Management Committee, and hence the DIN is not provided.
Position
General Counsel & Chief Governance Officer

Risk Management Committee

Risk Management Committee

Stakeholders Relationship Committee

Additional Position
Chairperson
Director DIN
03030535
Member Name
Mahua Acharya
Position
Non-Executive - Independent Director

Stakeholders Relationship Committee

Additional Position
Member
Director DIN
00341721
Member Name
Anupa Rajiv Sahney
Position
Non-Executive - Independent Director

Stakeholders Relationship Committee

Additional Position
Member
Director DIN
03071954
Member Name
Karan Virwani
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
07-Oct-2025
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 MeetingBOD2
Dates Of Meeting In The Previous Quarter
10-Nov-2025
Maximum Gap Between Any Two Consecutive Meetings
33
Number Of Directors Present In Meeting Of Board Of Directors
5
Number Of Independent Directors Attending The Meeting
3
Total Number Of Directors As On Date Of The Meeting
6
Entry MeetingBOD3
Dates Of Meeting In The Previous Quarter
09-Dec-2025
Maximum Gap Between Any Two Consecutive Meetings
28
Number Of Directors Present In Meeting Of Board Of Directors
4
Number Of Independent Directors Attending The Meeting
2
Total Number Of Directors As On Date Of The Meeting
6
Entry MeetingBOD4
Dates Of Meeting If Any In The Relevant Quarter
27-Jan-2026
Maximum Gap Between Any Two Consecutive Meetings
48
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 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
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
4
Entry MeetingComit2
Dates Of Meeting Of The Committee In The Relevant Quarter
27-Jan-2026
Maximum Gap Between Any Two Consecutive Meetings
77
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
4
Entry MeetingComit3
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
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
4
Entry MeetingComit4
Dates Of Meeting Of The Committee In The Previous Quarter
09-Dec-2025
Maximum Gap Between Any Two Consecutive Meetings
28
Number Of Director Present In Meeting Of Committee All Directors Including Independent Director
3
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
4
Entry MeetingComit5
Dates Of Meeting Of The Committee In The Previous Quarter
09-Dec-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
1
Total Number Of Directors As On Date Of The Meeting
3
Entry MeetingComit6
Dates Of Meeting Of The Committee In The Relevant Quarter
24-Mar-2026
Maximum Gap Between Any Two Consecutive Meetings
104
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
18-Mar-2026
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 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://wework.co.in/investors-relations/contacts/#contacts
Disclosure Web Link Of Company At Which Email Address For Grievance Redressal And Other Relevant Details Is Placed
https://wework.co.in/investors-relations/contacts/#contacts
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
Not Applicable as no such event occured during the quarter ended March 31, 2026.
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 received Order issued by Additional Commissioner, CGST Gurugram dated 27 March 2026 for the period April 2019 to March 2023 under Section 74(9) of the Central Goods and Services Tax Act, 2017, Haryana Goods and Services Tax Act, 2017, read with Section 20 of the Integrated Goods and Services Tax Act, 2017. The Company intends to file an appeal against the order issued to the Commissioner (Appeals), CGST Gurugram, within the prescribed timelines.
Date of Initiation
30-Sep-2025
Opposing Party
Additional Commissioner, CGST Gurugram Commissionerate, Gurugram
Status (Previous Disclosure)
Not applicable, as this is the second reporting period and no disclosures regarding litigation or disputes were made in the first reporting period, as there were no updates during that period.
Entry I_OngoingTaxLitigationsOrDisputes10
Current Status
The Company received Order in Original issued by the Joint Commissioner, Central Goods and Service Tax Commissionerate dated 15 December 2025, for the Financial Year 2021-22 and 2022-23. On 6 March 2026, the Company filed the appeal with Commissioner (Appeals) within the prescribed timelines.
Date of Initiation
15-Dec-2025
Opposing Party
Office of the Joint Commissioner, Central Goods and Service Tax Commissionerate, Noida
Status (Previous Disclosure)
The Company received Order in Original issued by the Joint Commissioner, Central Goods and Service Tax Commissionerate dated 15 December 2025, for the Financial Year 2021-22 and 2022-23. The Company is in the process of reviewing the order and contest the appeal with Commissioner (Appeals) within the prescribed timelines.
Entry I_OngoingTaxLitigationsOrDisputes11
Current Status
The Company received the order of the Income Tax Appellate Tribunal for Assessment Year 2021–22 on 16 June 2025. Subsequently, on 24 November 2025, the Company filed a Miscellaneous Application seeking rectification of the Tribunal’s order, citing certain inadvertent factual inaccuracies relating to the transfer pricing issue. The matter is squarely covered, involving identical facts as in the Company’s own case for Assessment Year 2018–19, wherein a favorable order was passed by the Tribunal. On 30 January 2026. post the hearing for the Miscellaneous Application, the Company received a favorable order from the Income Tax Appellate Tribunal.
Date of Initiation
16-Jun-2025
Opposing Party
Income Tax Appellate Tribunal, Bangalore
Status (Previous Disclosure)
The Company received the order of the Income Tax Appellate Tribunal for Assessment Year 2021-22 on 16 June 2025. Subsequently, on 24 November 2025, the Company filed a Miscellaneous Application seeking rectification of the Tribunal's order, citing certain inadvertent factual inaccuracies relating to the transfer pricing issue. The matter is squarely covered, involving identical facts as in the Company's own case for Assessment Year 2018-19, wherein a favourable order was passed by the Tribunal. The hearing of the Miscellaneous Application is scheduled before the Tribunal on 9 January 2026.
Entry I_OngoingTaxLitigationsOrDisputes12
Current Status
The Company received an order from the Dispute Resolution Panel (“DRP”), issued by the Panel comprising the Commissioner of Income Tax (DRP-2) for Assessment Year 2022–23. In the said order, the adjustment relating to management fees paid by the Company has been confirmed, with the Arm’s Length Price (ALP) of such fees determined as ‘Nil’. On 30 March, 2026, the Company filed an appeal before the Income Tax Appellate Tribunal.
Date of Initiation
19-Dec-2025
Opposing Party
Dispute Resolution Panel, Bangalore
Status (Previous Disclosure)
The Company received an order from the Dispute Resolution Panel (“DRP”), issued by the Panel comprising the Commissioner of Income Tax (DRP-2) for Assessment Year 2022–23. In the said order, the adjustment relating to management fees paid by the Company has been confirmed, with the Arm’s Length Price (ALP) of such fees determined as ‘Nil’. The Company is currently evaluating the order and intends to file an appeal before the Income Tax Appellate Tribunal (ITAT) within the prescribed timelines.
Entry I_OngoingTaxLitigationsOrDisputes13
Current Status
The Company received a show cause notice seeking submission of information for Assessment Year 2023–24. The Company made the appropriate submissions and on 27 March 2026, The Company received the draft assessment order. The Company is in the process of filing application with Dispute Resolution panel in due course.
Date of Initiation
03-Dec-2025
Opposing Party
Office of the Deputy Commissioner of Income Tax,Transfer Pricing DC/ACIT TP 2(2)(2) Bangalore
Status (Previous Disclosure)
The Company received a show cause notice seeking submission of information for Assessment Year 2023-24. Subsequently, on 11 December 2025 and 24 December 2025, the Company submitted its responses to the authorities and is currently awaiting the final order.
Entry I_OngoingTaxLitigationsOrDisputes14
Current Status
The Company received an order from the Deputy Commissioner of Income Tax (TDS) for Assessment Year 2020–21. The Company has filed an appeal against the said order and is awaiting the outcome. Simultaneously, the Company also filed the application for rectification of order for the mistake apparent on record. On 18 March 2026, the Company received the rectification order wherein the submissions made by the Company were not accepted. The Company is awaiting the appeal hearing and order.
Date of Initiation
30-Oct-2025
Opposing Party
Office of the Deputy Commissioner of Income Tax, TDS
Status (Previous Disclosure)
The Company received an order from the Deputy Commissioner of Income Tax (TDS) for Assessment Year 2020-21. The Company has filed an appeal against the said order and is awaiting the outcome. Pending the decision of the appellate authority, no further action has been taken, and the matter is being actively monitored to ensure compliance with all prescribed timelines.
Entry I_OngoingTaxLitigationsOrDisputes15
Current Status
The Company received the initial notice from the authorities for submission of documents for Transfer pricing faceless assessment. On 7 April 2026, the Company submitted the response against the notice issued.
Date of Initiation
18-Mar-2026
Opposing Party
Office of the Deputy Commissioner of Income Tax, Transfer Pricing, DC/ACIT TP 2(2)(2) Bangalore
Status (Previous Disclosure)
Not applicable, as the litigation started in the current quarter
Entry I_OngoingTaxLitigationsOrDisputes2
Current Status
The Company received an appeal order issued by the Joint Commissioner of Commercial Taxes (Appeals-1) dated 24 December 2025 for the Financial Year 2017–18. The Company intends to file an appeal before the Appellate Tribunal against the said order. Accordingly, on 11 February 2026, the Company submitted an undertaking to file the appeal once the Tribunal becomes functional and made a pre-deposit of 10% of the disputed amount with the Deputy Commissioner of Commercial Taxes, Audit-1.4, Bengaluru. The Company will file the appeal before the Tribunal in due course
Date of Initiation
08-Jan-2025
Opposing Party
Joint Commissioner of Commercial Taxes, (Appeals-1), Bengaluru
Status (Previous Disclosure)
Not applicable, as this is the second reporting period and no disclosures regarding litigation or disputes were made in the first reporting period, as there were no updates during that period.
Entry I_OngoingTaxLitigationsOrDisputes3
Current Status
The Company received an appeal order issued by the Joint Commissioner of Commercial Taxes (Appeals-1) dated 31 December 2025 for the Financial Year 2019–20. The Company intends to file an appeal before the Appellate Tribunal against the said order. Accordingly, on 11 February 2026, the Company submitted an undertaking to file the appeal once the Tribunal becomes functional and made a pre-deposit of 10% of the disputed amount with the Deputy Commissioner of Commercial Taxes, Audit-1.4, Bengaluru. The Company will file the appeal before the Tribunal in due course
Date of Initiation
29-Jul-2024
Opposing Party
Joint Commissioner of Commercial Taxes, (Appeals-1), Bengaluru
Status (Previous Disclosure)
Not applicable, as this is the second reporting period and no disclosures regarding litigation or disputes were made in the first reporting period, as there were no updates during that period.
Entry I_OngoingTaxLitigationsOrDisputes4
Current Status
The Company received an appeal order issued by the Joint Commissioner of Commercial Taxes (Appeals-1) dated 29 January 2026 for the Financial Year 2020–21. The Company intends to file an appeal before the Appellate Tribunal against the said order. Accordingly, on 9 April 2026, the Company submitted an undertaking to file the appeal once the Tribunal becomes functional and made a pre-deposit of 10% of the disputed amount with the Deputy Commissioner of Commercial Taxes, Audit-1.4, Bengaluru. The Company will file the appeal before the Tribunal in due course
Date of Initiation
25-Feb-2025
Opposing Party
Joint Commissioner of Commercial Taxes (Appeals-1), Bengaluru
Status (Previous Disclosure)
Not applicable, as this is the second reporting period and no disclosures regarding litigation or disputes were made in the first reporting period, as there were no updates during that period.
Entry I_OngoingTaxLitigationsOrDisputes5
Current Status
The Company received an Adjudication Order issued by the Deputy Commissioner of Commercial Taxes (Audit) dated 20 December 2025 for the Financial Year 2021–22. The Company paid the liability as per order and closed the matter.
Date of Initiation
20-Dec-2025
Opposing Party
Deputy Commissioner of Commercial Taxes Audit 1.8, DGSTO-1 Bengaluru
Status (Previous Disclosure)
The Company received an Adjudication Order issued by the Deputy Commissioner of Commercial Taxes (Audit) dated 20 December 2025 for the Financial Year 2021-22. The Company is currently in the process of reviewing the order and will take appropriate action, within the prescribed timelines
Entry I_OngoingTaxLitigationsOrDisputes6
Current Status
The Company received a Show Cause Notice issued by the Deputy Commissioner of Commercial Taxes (Audit) dated 10 January 2024 for the Financial Year 2022–23. The Company submitted the response against the said notice. On 24 March 2026, the Company attended the physical hearing and explained the matter.
Date of Initiation
07-Feb-2025
Opposing Party
Deputy Commissioner of Commercial Taxes Audit 1.8, DGSTO-1 Bengaluru
Status (Previous Disclosure)
Not applicable, as this is the second reporting period and no disclosures regarding litigation or disputes were made in the first reporting period, as there were no updates during that period.
Entry I_OngoingTaxLitigationsOrDisputes7
Current Status
The Company received a Scrutiny Notice for the period April 2024 to October 2025 in respect of discrepancies in the return. On 6 February 2026, the Company submitted the response and sharing the detailed reconciliation.
Date of Initiation
09-Jan-2026
Opposing Party
Assistant Commissioner of Commercial Taxes, LGSTO-20, Bengaluru
Status (Previous Disclosure)
Not applicable, as the litigation started in the current quarter
Entry I_OngoingTaxLitigationsOrDisputes8
Current Status
The Company received Order in Original issued by the Additional Commissioner dated 29 December 2025, for the Financial Year 2018-19 to 2020-21. On 28 March 2026, the Company filed the appeal with Commissioner (Appeals).
Date of Initiation
29-Dec-2025
Opposing Party
Additional Commissioner, GST & Central Excise, Mumbai East Commissionerate
Status (Previous Disclosure)
The Company received Order in Original issued by the Additional Commissioner dated 29 December 2025, for the Financial Year 2018-19 to 2020-21. The Company is in the process of reviewing the order and file the appeal with Commissioner (Appeals) within the prescribed timelines.
Entry I_OngoingTaxLitigationsOrDisputes9
Current Status
The Company received an Audit Enquiry Notice for the Financial Year 2021–22 from the Principal Director of Audit (Central), Mumbai, in respect of an alleged mismatch in Input Tax Credit (ITC) availed between the Annual Return and the Financial Statements. On 14 January 2026, the Company submitted a detailed reconciliation demonstrating that there was no excess availment of Input Tax Credit.
Date of Initiation
20-Aug-2025
Opposing Party
Principal Commissioner of CGST & Central Excise, Mumbai East Commissionerate
Status (Previous Disclosure)
Not applicable, as this is the second reporting period and no disclosures regarding litigation or disputes were made in the first reporting period, as there were no updates during that period.
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 as no such event occured during the quarter 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