Divis Laboratories Ltd

Integrated Filing — Corporate Governance (NSE XBRL)

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Filing Summary

Company
Divi's Laboratories Limited
Symbol
DIVISLAB
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
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
27-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://www.divislabs.com/investor-relations/reports-and-filings/annual-return/
Disclosure Web Link Of Audio Or Video Recordings And Transcripts Of Post Earinings Or Quarterly Calls Is Placed
https://www.divislabs.com/investor-relations/statutory-communication/#Investor Meetings & Earnings Call
Disclosure Web Link Of Company At Advertisements As Per Regulation471Is Placed
https://www.divislabs.com/investor-relations/statutory-communication/
Disclosure Web Link Of Company At Dividend Distribution Policy As Per Regulation43A1Is Placed
https://www.divislabs.com/wp-content/uploads/2025/07/Dividend-Distribution-Policy.pdf
Disclosure Web Link Of Company At Materiality Policy As Per Sub Regulation4Regulation30Is Placed
https://www.divislabs.com/wp-content/uploads/2025/10/Policy-on-Determination-of-Materiality.pdf
Disclosure Web Link Of Company At Separate Audited Financial Statements Of Each Subsidiary Of The Listed Entity Is Placed
https://www.divislabs.com/investor-relations/reports-and-filings/subsidiary-financials/
Disclosure Web Link Of Company At Which Credit Rating Or Revision In Credit Rating Obtained Is Placed
https://www.divislabs.com/investor-relations/statutory-communication/# Credit Rating
Disclosure Web Link Of Company At Which Details Of Business Is Placed
https://www.divislabs.com/api-manufacturer-world/
Disclosure Web Link Of Company At Which Details Of Establishment Of Vigil Mechanism Or Whistle Blower Policy Is Placed
https://www.divislabs.com/wp-content/uploads/2025/07/WhistleBlowerPolicy.pdf
Disclosure Web Link Of Company At Which Financial Results Is Placed
https://www.divislabs.com/investor-relations/reports-and-filings/quarterly-reporting/
Disclosure Web Link Of Company At Which Policy For Determining Material Subsidiaries Is Placed
https://www.divislabs.com/wp-content/uploads/2025/10/Policy-on-Material-Subsidiary_-revised-2019.pdf
Disclosure Web Link Of Company At Which Policy On Dealing With Related Party Transactions Is Placed
https://www.divislabs.com/wp-content/uploads/2025/07/Policy-on-Related-Party-Transactions.pdf
Disclosure Web Link Of Company At Which Shareholding Pattern Is Placed
https://www.divislabs.com/investor-relations/reports-and-filings/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://www.divislabs.com/
Disclosure Web Link Of Confirmation That The Disclosures Are In A Separate Section As Specified In Sub Regulation2Of Regulation46Is Placed
https://www.divislabs.com/api-manufacturer-world/active-pharmaceutical-ingredients/regulation46/
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://www.divislabs.com/wp-content/uploads/2025/10/Policy-on-Determination-of-Materiality.pdf
Disclosure Web Link Of Disclosures Under Sub Regulation8Of Regulation30Is Placed
https://www.divislabs.com/investor-relations/statutory-communication/
Disclosure Web Link Of Memorandum Of Association And Articles Of Association Is Placed
https://www.divislabs.com/wp-content/uploads/2025/07/Memorandum-and-ArticlesofAssociation.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://www.divislabs.com/investor-relations/statutory-communication/#Investor Meetings & Earnings Call
Disclosure Web Link Of Secretarial Compliance Report Is Placed
https://www.divislabs.com/investor-relations/reports-and-filings/annual-secretarial-compliance-report/
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
INE361B01024
Market Capitalisation As Per Immediate Previous Financial Year
Top 100 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
M. Satish Choudhury
Name Of Signatory Affirmations
M. Satish Choudhury
Name Of Signatory For Annual Affirmations
M. Satish Choudhury
Name Of Signatory For Quartely Affirmations
M. Satish Choudhury
Name Of The Company
Divi's Laboratories 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
Hyderabad
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 were no Loans / guarantees / comfort letters / securities etc advanced/issued by the Company 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
d00111
Scrip Code
532488
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
DIVISLAB
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_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
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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 ResolutionSpecial Resolution DateInitial AppointmentRe-appointmentTenure (months)Listed DirectorshipsIndependent DirectorshipsAudit / Stakeholder MembershipsAudit / Stakeholder Chair Posts
1MrRAMESHBABU VENKATA NIMMAGADDA******07854042Non-Executive - Independent DirectorChairperson14-Aug-1947NoActiveYes26-Mar-202227-Jun-201727-Jun-20221051121
2MrMURALI KRISHNA PRASAD DIVI******00005040Executive DirectorNot ApplicableMD17-Mar-1951NoActiveNot Applicable12-Oct-199010-Oct-20241000
3MrNIMMAGADDA VENKATA RAMANA******00005031Executive DirectorNot Applicable17-Aug-1957NoActiveNot Applicable01-Oct-199426-Dec-20241000
4MrSATCHANDRA KIRAN DIVI******00006503Executive DirectorNot ApplicableCEO06-Oct-1976NoActiveNot Applicable10-Aug-200101-Apr-20251000
5MsNILIMA PRASAD DIVI******06388001Executive DirectorNot Applicable18-Apr-1982NoActiveNot Applicable27-Jun-201727-Jun-20221000
6MrDEVENDRA RAO SUREDDY******10481393Executive DirectorNot Applicable15-May-1962NoActiveNot Applicable10-Feb-202410-Feb-20241010
7MrGANAPATY SERU******07872766Non-Executive - Independent DirectorNot Applicable19-Jul-1953NoActiveNot Applicable22-Jul-201722-Jul-20221041110
8MsSUNAINA SINGH******08397250Non-Executive - Independent DirectorNot Applicable15-May-1956NoActiveNot Applicable28-Mar-201928-Mar-2024841110
9MrVEERAYYA CHOWDARY KOSARAJU******08485334Non-Executive - Independent DirectorNot Applicable10-Oct-1954NoActiveYes12-Aug-202404-Jan-202004-Jan-20257555105
10MrRAJENDRA KUMAR PREMCHAND******00895990Non-Executive - Independent DirectorNot Applicable15-Mar-1961NoActiveNot Applicable25-May-202425-May-2024221110

Committee Disclosures

Entry CompComit122
Date of Appointment
09-Mar-2019
Entry CompComit123
Date of Appointment
20-Mar-2014
Entry CompComit124
Date of Appointment
10-Feb-2024
Entry CompComit14
Date of Appointment
04-Jan-2020
Entry CompComit15
Date of Appointment
10-Feb-2024
Entry CompComit16
Date of Appointment
10-Feb-2024
Entry CompComit17
Date of Appointment
25-May-2024
Entry CompComit41
Date of Appointment
31-Oct-2017
Entry CompComit42
Date of Appointment
27-Jun-2017
Entry CompComit43
Date of Appointment
10-Aug-2019
Entry CompComit44
Date of Appointment
04-Jan-2020
Entry CompComit68
Date of Appointment
27-Jun-2017
Entry CompComit69
Date of Appointment
10-Aug-2019
Entry CompComit70
Date of Appointment
10-Feb-2024
Entry CompComit95
Date of Appointment
31-Jan-2015
Entry CompComit96
Date of Appointment
09-Mar-2019
Entry CompComit97
Date of Appointment
10-Feb-2024
Entry CompComit98
Date of Appointment
10-Feb-2024
Entry CompComit99
Date of Appointment
31-Jan-2015
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://www.divislabs.com/investor-relations/corporate-governance/composition-of-committees/
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
08485334
Member Name
VEERAYYA CHOWDARY KOSARAJU
Position
Non-Executive - Independent Director

Audit Committee

Additional Position
Member
Director DIN
07872766
Member Name
GANAPATY SERU
Position
Non-Executive - Independent Director

Audit Committee

Additional Position
Member
Director DIN
07854042
Member Name
RAMESHBABU VENKATA NIMMAGADDA
Position
Non-Executive - Independent Director

Audit Committee

Additional Position
Member
Director DIN
00895990
Member Name
RAJENDRA KUMAR PREMCHAND
Position
Non-Executive - Independent Director

Audit Committee

Audit Committee

Corporate Social Responsibility Committee

Additional Position
Chairperson
Director DIN
07854042
Member Name
RAMESHBABU VENKATA NIMMAGADDA
Position
Non-Executive - Independent Director

Corporate Social Responsibility Committee

Additional Position
Member
Director DIN
00005040
Member Name
MURALI KRISHNA PRASAD DIVI
Position
Executive Director

Corporate Social Responsibility Committee

Additional Position
Member
Director DIN
06388001
Member Name
NILIMA PRASAD DIVI
Position
Executive Director

Corporate Social Responsibility Committee

Nomination and remuneration committee

Additional Position
Chairperson
Director DIN
07872766
Member Name
GANAPATY SERU
Position
Non-Executive - Independent Director

Nomination and remuneration committee

Additional Position
Member
Director DIN
07854042
Member Name
RAMESHBABU VENKATA NIMMAGADDA
Position
Non-Executive - Independent Director

Nomination and remuneration committee

Additional Position
Member
Director DIN
08397250
Member Name
SUNAINA SINGH
Position
Non-Executive - Independent Director

Nomination and remuneration committee

Additional Position
Member
Director DIN
08485334
Member Name
VEERAYYA CHOWDARY KOSARAJU
Position
Non-Executive - Independent Director

Nomination and remuneration committee

Risk Management Committee

Additional Position
Chairperson
Director DIN
00006503
Member Name
SATCHANDRA KIRAN DIVI
Position
Executive Director

Risk Management Committee

Additional Position
Member
Director DIN
06388001
Member Name
NILIMA PRASAD DIVI
Position
Executive Director

Risk Management Committee

Additional Position
Member
Director DIN
10481393
Member Name
DEVENDRA RAO SUREDDY
Position
Executive Director

Risk Management Committee

Additional Position
Member
Director DIN
07872766
Member Name
GANAPATY SERU
Position
Non-Executive - Independent Director

Risk Management Committee

Additional Position
Member
Director DIN
99999999
Member Name
LINGAMNENI RAMESH BABU
Notes
Mr. L. Ramesh Babu is the Vice President (Procurement) of the Company.
Position
Vice President (Procurement)

Stakeholders Relationship Committee

Additional Position
Chairperson
Director DIN
07854042
Member Name
RAMESHBABU VENKATA NIMMAGADDA
Position
Non-Executive - Independent Director

Stakeholders Relationship Committee

Additional Position
Member
Director DIN
08397250
Member Name
SUNAINA SINGH
Position
Non-Executive - Independent Director

Stakeholders Relationship Committee

Additional Position
Member
Director DIN
10481393
Member Name
DEVENDRA RAO SUREDDY
Position
Executive Director
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-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
11-Feb-2026
Maximum Gap Between Any Two Consecutive Meetings
95
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 MeetingComit1
Dates Of Meeting Of The Committee In The Previous Quarter
07-Nov-2025
Number Of Director Present In Meeting Of Committee All Directors Including Independent Director
4
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
4
Entry MeetingComit2
Dates Of Meeting Of The Committee In The Relevant Quarter
11-Feb-2026
Maximum Gap Between Any Two Consecutive Meetings
95
Number Of Director Present In Meeting Of Committee All Directors Including Independent Director
4
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
4
Entry MeetingComit3
Dates Of Meeting Of The Committee In The Relevant Quarter
11-Feb-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 MeetingComit4
Dates Of Meeting Of The Committee In The Relevant Quarter
11-Feb-2026
Number Of Director Present In Meeting Of Committee All Directors Including Independent Director
4
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
4
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://www.divislabs.com/investor-relations/shareholders-contact/
Disclosure Web Link Of Company At Which Email Address For Grievance Redressal And Other Relevant Details Is Placed
https://www.divislabs.com/investor-relations/shareholders-contact/
Email Address For Grievance Redressal And Other Relevant Details
Yes
No Of Investor Complaints Disposed Off During The Period
19
No Of Investor Complaints During The Period
-4
No Of Investor Complaints Received During The Period
15
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
4
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
There were no acqusition of shares or voting rights by the Company in unlisted companies 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 Writ Petition No. WP 35050/2023 is pending before Honourable Telangana High Court. The Company believes that any liability in this regard is remote.
Date of Initiation
31-Oct-2023
Opposing Party
Office of the Commissioner of Central Tax, Ranga Reddy GST Commissionerate, Hyderabad
Status (Previous Disclosure)
The Order pertains to recovery of refund of IGST granted under Rule 96 of CGST Rules, 2017 alleged to have been claimed erroneously in terms of the provisions of the GST Act, 2017 (GST Law). Demand raised: IGST of Rs. 82,04,24,880/- along with applicable interest and penalty of Rs. 82,04,24,880/- being 100% of the tax amount (IGST). The Company has filed a Writ Petition before the Honourable High Court for the State of Telangana contesting the said GST Order. The Honourable High Court for the State of Telangana vide its Order dated January 02, 2024 has admitted the Writ Petition stating that writ petitions involving similar issue of contesting validity of Rule 96(10) of CGST Act, 2017 amongst others have been entertained and interim orders granted; and directed the Company to deposit 10% of the amount demanded within a period of 6 weeks and further directed no coercive action shall be taken against the Company for recovery of the balance amount. The Company has complied with the directions by depositing the 10% of the amount demanded. Subsequently, the Honourable High Court has stayed the further proceedings and ordered for listing for analogous hearing along with another W.P.No.29396 of 2023 which has the similar case. The CBIC vide its Notification No.20/2024 dated 8th October 2024 has omitted (deleted) the Rule 96(10) of CGST Rules, 2017 with effect from October 08, 2024. The rulings and notification issued by CBIC support the issues raised by the Company before the Honourable High Court of Telangana against the order of GST department, and the issues is expected to be decided in favour of the Company.
Entry I_OngoingTaxLitigationsOrDisputes2
Current Status
The Company has filed its objections with Dispute Resolution Panel (DRP), Bengaluru on April 16, 2026, and is awaiting response/hearing.
Date of Initiation
20-Mar-2026
Opposing Party
Assistant Commissioner of Income Tax, Central Circle-2(1), Hyderabad
Status (Previous Disclosure)
The Company has received the Draft Order for the FY2022-23 (Assessment year 2023-24) wherein certain additions/disallowances amounting to Rs.570.51 crores with respect to returned income has been proposed. The additions proposed are on account of Transfer Pricing adjustments on specified domestic transactions and corporate tax adjustments. As per the Draft Order, penalty proceeding u/s.270A of the Income Tax Act, 1961 will be initiated separately for alleged under reporting of income in respect of the above addition.
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
INCOME TAX DEPARTMENT ADIT(INT TAXN)-1,HYD
Date Of Receipt Of Direction Or Order Including Any Ad Interim Or Interim Orders Or Any Other Communication From The Authority
25-Feb-2026
Financial / Operational Impact
The Company is contesting the demand raised under the said order of Rs. 8,89,906/- before First level Appellate Authority under the Income Tax Act and waiting for hearing/response. This demand does not result in any material impact on the financials, operations, or other activities of the Company.
Nature And Details Of The Action Taken Or Order Passed
Proceedings under section 201 - Order. For assessment year 2020-21, a TDS liability of Rs. 5,02,772/- and interest of Rs. 3,87,134/- levied under section 201(1) & (1A) of the Income Tax, 1961 for non deduction of tax at source before making payment to remittee. penalty proceedings u/s 271C of the Act are initiated separately for failure to deduct tax at source.
Violation Details
Non deduction of tax at source before making payment to remittee as required under the Income Tax Act, 1961.
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