Grindwell Norton Ltd

Integrated Filing — Corporate Governance (NSE XBRL)

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Filing Summary

Company
Grindwell Norton Limited
Symbol
GRINDWELL
Quarter Ended
31-Mar-2026
Submission
Revision
Revision Remarks
The Corporate Governance Report has been refiled to rectify an inadvertent error in tenure details.

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
Not Applicable
Date Of End Of Financial Year
31-Mar-2026
Date Of End Of Reporting Period
31-Mar-2026
Date Of Signing
13-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.grindwellnorton.co.in/investors
Disclosure Web Link Of Audio Or Video Recordings And Transcripts Of Post Earinings Or Quarterly Calls Is Placed
https://www.grindwellnorton.co.in/investors
Disclosure Web Link Of Company At Advertisements As Per Regulation471Is Placed
https://www.grindwellnorton.co.in/investors
Disclosure Web Link Of Company At Dividend Distribution Policy As Per Regulation43A1Is Placed
https://www.grindwellnorton.co.in/investors
Disclosure Web Link Of Company At Materiality Policy As Per Sub Regulation4Regulation30Is Placed
https://www.grindwellnorton.co.in/investors
Disclosure Web Link Of Company At Separate Audited Financial Statements Of Each Subsidiary Of The Listed Entity Is Placed
https://www.grindwellnorton.co.in/investors
Disclosure Web Link Of Company At Which Details Of Business Is Placed
https://www.grindwellnorton.co.in/about-us
Disclosure Web Link Of Company At Which Details Of Establishment Of Vigil Mechanism Or Whistle Blower Policy Is Placed
https://www.grindwellnorton.co.in/investors
Disclosure Web Link Of Company At Which Financial Results Is Placed
https://www.grindwellnorton.co.in/investors
Disclosure Web Link Of Company At Which Policy On Dealing With Related Party Transactions Is Placed
https://www.grindwellnorton.co.in/investors
Disclosure Web Link Of Company At Which Shareholding Pattern Is Placed
https://www.grindwellnorton.co.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://www.grindwellnorton.co.in/investors
Disclosure Web Link Of Confirmation That The Disclosures Are In A Separate Section As Specified In Sub Regulation2Of Regulation46Is Placed
https://www.grindwellnorton.co.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://www.grindwellnorton.co.in/investors
Disclosure Web Link Of Disclosures Under Sub Regulation8Of Regulation30Is Placed
https://www.grindwellnorton.co.in/investors
Disclosure Web Link Of Memorandum Of Association And Articles Of Association Is Placed
https://www.grindwellnorton.co.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://www.grindwellnorton.co.in/investors
Disclosure Web Link Of Secretarial Compliance Report Is Placed
https://www.grindwellnorton.co.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
INE536A01023
Market Capitalisation As Per Immediate Previous Financial Year
Top 500 listed entities
Materiality Policy As Per Sub Regulation4Regulation30
Yes
Memorandum Of Association And Articles Of Association
Yes
Minimum Information
Yes
MSEI Symbol
NOTLISTED
Name Of Signatory
Girish T Shajani
Name Of Signatory Affirmations
Girish T Shajani
Name Of Signatory For Annual Affirmations
Girish T Shajani
Name Of Signatory For Quartely Affirmations
Girish T Shajani
Name Of The Company
GRINDWELL NORTON LIMITED
New Name And The Old Name Of The Listed Entity
Not Applicable
Other Corporate Governance Requirements With Respect To Subsidiary Of Listed Entity
Yes
Place
Mumbai
Plans For Orderly Succession For Appointments
Yes
Policy For Determining Material Subsidiaries
Not Applicable
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
During the quarter, there were no disclosures pertaining to Loan/Guarantees/Comfort letter/security
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
g00192
Scrip Code
506076
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
GRINDWELL
The Listed Entity Has Approved Material Subsidiary Policy And The Corporate Governance Requirements With Respect To Subsidiary Of Listed Entity Have Been Complied
Not Applicable
Type Of Company
Equity
Type Of Submission
Revision
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_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
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Board Composition — Entity Disclosures

Disclosure Of Notes On Composition Of Board Of Directors Explanatory Text Block
The Board of Directors has accepted the resignation of Mr Krishnaswamy Visweswaran from the position of Company Secretary Compliance Officer and Nodal Officer of the Company with effect from the close of business hours of February 6 2026 consequent to an internal reorganization Based on the recommendation of the Nomination and Remuneration Committee the Board approved the appointment of Mr Girish T Shajani Membership No. A22547 as the Company Secretary Compliance Officer and Nodal Officer of the Company effective February 8 2026
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
1MsARCHANA NIRANJAN HINGORANI******00028037Non-Executive - Independent DirectorNot Applicable09-Sep-1965NoActiveNot Applicable01-Apr-201901-Apr-2024846673
2MrSUBODH SATCHITANAND NADKARNI******00145999Non-Executive - Independent DirectorChairperson02-Apr-1956NoActiveNot Applicable25-Jul-201925-Jul-202480.072220
3MrSREEDHAR NATARAJAN******08320482Non-Executive - Nominee DirectorNot Applicable10-Jul-1969NoActiveNot Applicable04-Feb-201914-Aug-20232000
4MrVENUGOPAL RAMNATH SHANBHAG******08888359Executive DirectorNot ApplicableMD26-Jun-1970NoActiveNot Applicable07-May-202401-Apr-20251020
5MrDAVID ERIC MOLHO******09326249Non-Executive - Non Independent DirectorNot Applicable22-Oct-1977NoActiveNot Applicable12-Oct-202118-Jul-20241000
6MrAAKIL MAHAJAN******09682529Non-Executive - Non Independent DirectorNot Applicable17-Jul-1988NoActiveNot Applicable30-Jul-202225-Jul-20251000
7MrKAUSTUBH GOVIND SHUKLA******10580359Non-Executive - Independent DirectorNot Applicable21-Aug-1963NoActiveNot Applicable18-Jul-202418-Jul-202420.141110
8MrHARI SINGUDASU******10455516Executive DirectorNot Applicable19-May-1968NoActiveNot Applicable01-Apr-20252020
9MsSTEPHANIE BILLET******11082284Non-Executive - Non Independent DirectorNot Applicable02-Jun-1975NoActiveNot Applicable10-May-20251000

Committee Disclosures

Entry CompComit122
Date of Appointment
19-Jul-2024
Entry CompComit123
Date of Appointment
19-Jul-2024
Entry CompComit124
Date of Appointment
03-Nov-2021
Entry CompComit14
Date of Appointment
01-Jul-2019
Entry CompComit15
Date of Appointment
19-Jul-2024
Entry CompComit16
Date of Appointment
01-Apr-2020
Entry CompComit17
Date of Appointment
01-Apr-2025
Entry CompComit41
Date of Appointment
19-Jul-2024
Entry CompComit42
Date of Appointment
01-Jan-2020
Entry CompComit43
Date of Appointment
03-Nov-2021
Entry CompComit68
Date of Appointment
01-Jul-2019
Entry CompComit69
Date of Appointment
07-May-2024
Entry CompComit70
Date of Appointment
01-Apr-2025
Entry CompComit95
Date of Appointment
29-Jun-2021
Entry CompComit96
Date of Appointment
01-Apr-2025
Entry CompComit97
Date of Appointment
30-Jul-2022
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.grindwellnorton.co.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
00028037
Member Name
ARCHANA NIRANJAN HINGORANI
Position
Non-Executive - Independent Director

Audit Committee

Additional Position
Member
Director DIN
10580359
Member Name
KAUSTUBH GOVIND SHUKLA
Position
Non-Executive - Independent Director

Audit Committee

Additional Position
Member
Director DIN
00145999
Member Name
SUBODH SATCHITANAND NADKARNI
Position
Non-Executive - Independent Director

Audit Committee

Additional Position
Member
Director DIN
08888359
Member Name
VENUGOPAL RAMNATH SHANBHAG
Position
Executive Director

Audit Committee

Audit Committee

Audit Committee

Corporate Social Responsibility Committee

Additional Position
Chairperson
Director DIN
00145999
Member Name
SUBODH SATCHITANAND NADKARNI
Position
Non-Executive - Independent Director

Corporate Social Responsibility Committee

Additional Position
Member
Director DIN
00028037
Member Name
ARCHANA NIRANJAN HINGORANI
Position
Non-Executive - Independent Director

Corporate Social Responsibility Committee

Additional Position
Member
Director DIN
09326249
Member Name
DAVID ERIC MOLHO
Position
Non-Executive - Non Independent Director

Nomination and remuneration committee

Additional Position
Chairperson
Director DIN
10580359
Member Name
KAUSTUBH GOVIND SHUKLA
Position
Non-Executive - Independent Director

Nomination and remuneration committee

Additional Position
Member
Director DIN
00145999
Member Name
SUBODH SATCHITANAND NADKARNI
Position
Non-Executive - Independent Director

Nomination and remuneration committee

Additional Position
Member
Director DIN
09326249
Member Name
DAVID ERIC MOLHO
Position
Non-Executive - Non Independent Director

Nomination and remuneration committee

Risk Management Committee

Additional Position
Chairperson
Director DIN
00028037
Member Name
ARCHANA NIRANJAN HINGORANI
Position
Non-Executive - Independent Director

Risk Management Committee

Additional Position
Member
Director DIN
08888359
Member Name
VENUGOPAL RAMNATH SHANBHAG
Position
Executive Director

Risk Management Committee

Additional Position
Member
Director DIN
00145999
Member Name
SUBODH SATCHITANAND NADKARNI
Position
Non-Executive - Independent Director

Stakeholders Relationship Committee

Additional Position
Chairperson
Director DIN
00028037
Member Name
ARCHANA NIRANJAN HINGORANI
Position
Non-Executive - Independent Director

Stakeholders Relationship Committee

Additional Position
Member
Director DIN
08888359
Member Name
VENUGOPAL RAMNATH SHANBHAG
Position
Executive Director

Stakeholders Relationship Committee

Additional Position
Member
Director DIN
10455516
Member Name
HARI SINGUDASU
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
30-Oct-2025
Number Of Directors Present In Meeting Of Board Of Directors
8
Number Of Independent Directors Attending The Meeting
3
Total Number Of Directors As On Date Of The Meeting
9
Entry MeetingBOD2
Dates Of Meeting In The Previous Quarter
12-Dec-2025
Maximum Gap Between Any Two Consecutive Meetings
42
Number Of Directors Present In Meeting Of Board Of Directors
9
Number Of Independent Directors Attending The Meeting
3
Total Number Of Directors As On Date Of The Meeting
9
Entry MeetingBOD3
Dates Of Meeting If Any In The Relevant Quarter
06-Feb-2026
Maximum Gap Between Any Two Consecutive Meetings
55
Number Of Directors Present In Meeting Of Board Of Directors
8
Number Of Independent Directors Attending The Meeting
3
Total Number Of Directors As On Date Of The Meeting
9
Entry MeetingComit1
Dates Of Meeting Of The Committee In The Previous Quarter
30-Oct-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
5
Total Number Of Directors As On Date Of The Meeting
4
Entry MeetingComit2
Dates Of Meeting Of The Committee In The Previous Quarter
12-Dec-2025
Maximum Gap Between Any Two Consecutive Meetings
42
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
2
Total Number Of Directors As On Date Of The Meeting
4
Entry MeetingComit3
Dates Of Meeting Of The Committee In The Relevant Quarter
06-Feb-2026
Maximum Gap Between Any Two Consecutive Meetings
55
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
5
Total Number Of Directors As On Date Of The Meeting
4
Entry MeetingComit4
Dates Of Meeting Of The Committee In The Relevant Quarter
06-Feb-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
1
Total Number Of Directors As On Date Of The Meeting
3
Entry MeetingComit5
Dates Of Meeting Of The Committee In The Relevant Quarter
06-Feb-2026
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 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.grindwellnorton.co.in/investors
Disclosure Web Link Of Company At Which Email Address For Grievance Redressal And Other Relevant Details Is Placed
https://www.grindwellnorton.co.in/investors
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
-1
No Of Investor Complaints Received During The Period
1
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
1
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 was no acquisition of shares or voting rights in any unlisted company during the period
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
Reason For Part E Of Annexure I Of The SEBI Circular Dated31December2024Related To Disclosure Of Updates To Ongoing Tax Litigations Or Disputes Is Not Applicable To The Entity
No Disclosure required pertaining to ongoing tax litigations or disputes as per Annexure I (Part E) of SEBI circular dated December 31, 2024
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
No
Entry I_ImpositionOfFineOrPenalty1
Authority
Goods and Service Tax (‘GST’) Authority
Date Of Receipt Of Direction Or Order Including Any Ad Interim Or Interim Orders Or Any Other Communication From The Authority
31-Dec-2025
Financial / Operational Impact
There is no material impact on financial, operation or other activities of the Company
Nature And Details Of The Action Taken Or Order Passed
Drop of proceedings against the demand raised under section 73
Violation Details
Further to Company’s intimation dated September 30, 2025 and December 26, 2025, we wish to inform that the Company received an order from the Office of the Deputy Commissioner of State Tax dated December 30, 2025, received on December 31, 2025, in response to the reply filed against the Show Cause Notice amounting to ₹23.57 crores, reducing the demand to ₹4.17 crores including interest and penalty
Entry I_ImpositionOfFineOrPenalty2
Authority
The Commissioner of Customs, Chennai II (Import), Custom House, No. 60, Rajaji Salai, Chennai - 600 001
Date Of Receipt Of Direction Or Order Including Any Ad Interim Or Interim Orders Or Any Other Communication From The Authority
12-Jan-2026
Financial / Operational Impact
There is no material impact on financial, operation or other activities of the Company
Nature And Details Of The Action Taken Or Order Passed
Payment of Anti-Dumping Duty on import of goods
Violation Details
The authority has levied and sent an order no. F. No. CUS/APR/MISC/ 7758/ 2024-GR 2 dated January 7, 2026 for payment of Anti-Dumping duty on import of goods amounting to ₹18,36,190/- including IGST along with the Interest and Redemption fine of ₹3,00,000/- & penalty of ₹1,50,000/-
Entry I_ImpositionOfFineOrPenalty3
Authority
Assistant Commissioner of Commercial Taxes (Audit-5.2) DGSTO-5, Room No.610, 6th floor, A-Block, V.T.K-2 Building, Rajendranagara, Koramangala, Bangalore - 560047
Date Of Receipt Of Direction Or Order Including Any Ad Interim Or Interim Orders Or Any Other Communication From The Authority
28-Jan-2026
Financial / Operational Impact
There is no material impact on financial, operation or other activities of the Company due to this order
Nature And Details Of The Action Taken Or Order Passed
Show Cause Notice received from the Office of the Deputy Commissioner of Commercial Taxes, Bangalore
Violation Details
Show Cause Notice from the GST authority towards payment of tax ₹11,24,201/-, interest ₹9,66,875/- and penalty ₹1,68,630/- total amounting to ₹22,59,706/- in the matter related to Input Tax Credit for the FY 2020-21
Entry I_ImpositionOfFineOrPenalty4
Authority
The Customs, Excise & Service Tax Appellate Tribunal (“the Appellate Tribunal”)
Date Of Receipt Of Direction Or Order Including Any Ad Interim Or Interim Orders Or Any Other Communication From The Authority
19-Feb-2026
Financial / Operational Impact
There is no material impact on financial, operation or other activities of the Company
Nature And Details Of The Action Taken Or Order Passed
Demand pertaining to service tax credit against job work invoices dropped to “Nil”
Violation Details
The Company has received an order from the Appellate Tribunal in respect of the order passed by the Commissioner Central Goods and Services Tax -Thane Rural, towards payment of tax and penalty amounting to ₹7.98 lakhs, in the matter pertaining to service tax credit against job work invoices for the period 2016-17 The Appellate Tribunal has dropped the demand to “Nil” pursuant to the submissions and representations made by the Company
Entry I_ImpositionOfFineOrPenalty5
Authority
Office of the Assistant Commissioner of Commercial Taxes, Bengaluru
Date Of Receipt Of Direction Or Order Including Any Ad Interim Or Interim Orders Or Any Other Communication From The Authority
28-Feb-2026
Financial / Operational Impact
There is no material impact on financial, operation or other activities of the Company
Nature And Details Of The Action Taken Or Order Passed
Drop of proceedings against under Section 73 of the KGST Act, 2017 read with Rule 142 of the KGST Rules, 2017 read with Section 6 of the CGST Act, 2017 and Section 20 of the IGST Act, 2017
Violation Details
Further to the Company's intimation dated January 28, 2026, we wish to inform you that the Company has received an order dated February 27, 2026, from the Office of the Assistant Commissioner of Commercial Taxes (order received on February 28, 2026), in response to the reply filed against the Show Cause Notice amounting to ₹22,59,706, reducing the demand to “Nil”
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