Savita Oil Technologies Ltd

Integrated Filing — Corporate Governance (NSE XBRL)

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Filing Summary

Company
Savita Oil Technologies Limited
Symbol
SOTL
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
Not Applicable
Board Composition
Yes
Code Of Conduct
Yes
Compliance Certificate
Yes
Compliance With Sub Regulation3Of Regulation46With Respect To Accuracy Of Disclosures On The Website And Timely Updation
Yes
Confirmation That The Disclosures Are In A Separate Section As Specified In Sub Regulation2Of Regulation46
Yes
Credit Rating Or Revision In Credit Rating Obtained
Not Applicable
Date Of End Of Financial Year
31-Mar-2026
Date Of End Of Reporting Period
31-Mar-2026
Date Of Signing
30-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
Yes
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 Notes To Annexure1Explanatory Text Block
For Point no.1 and 4 we hereby clarify that Mr. Vishal Sood ceased to be Director of the Company due to his demise on 3rd March, 2026. The Board shall appoint a Director within the prescribed stipulated time.
Disclosure Of Related Party Transactions On Consolidated Basis
Yes
Disclosure Web Link Of Annual Return As Provided Under Section92Of The Companies Act2013Is Placed
https://savita.com/corporate/investors/other-disclosures/
Disclosure Web Link Of Company At Advertisements As Per Regulation471Is Placed
https://savita.com/corporate/investors/financials/
Disclosure Web Link Of Company At Dividend Distribution Policy As Per Regulation43A1Is Placed
https://savita.com/corporate/policies/dividend-distribution/
Disclosure Web Link Of Company At Materiality Policy As Per Sub Regulation4Regulation30Is Placed
https://savita.com/corporate/policies/disclosure-of-material-events/
Disclosure Web Link Of Company At Separate Audited Financial Statements Of Each Subsidiary Of The Listed Entity Is Placed
https://savita.com/corporate/investors/financials/
Disclosure Web Link Of Company At Which Details Of Agreements Entered Into With The Media Companies And Or Their Associates Is Placed
https://savita.com/corporate/corporate-governance/
Disclosure Web Link Of Company At Which Details Of Business Is Placed
https://savita.com/
Disclosure Web Link Of Company At Which Details Of Establishment Of Vigil Mechanism Or Whistle Blower Policy Is Placed
https://savita.com/corporate/policies/whistle-blower-policy/
Disclosure Web Link Of Company At Which Financial Results Is Placed
https://savita.com/corporate/investors/financials/
Disclosure Web Link Of Company At Which Policy For Determining Material Subsidiaries Is Placed
https://savita.com/corporate/policies/material-subsidiaries/
Disclosure Web Link Of Company At Which Policy On Dealing With Related Party Transactions Is Placed
https://savita.com/corporate/policies/dealing-with-related-party-transactions/
Disclosure Web Link Of Company At Which Shareholding Pattern Is Placed
https://savita.com/corporate/investors/financials/
Disclosure Web Link Of Compliance With Sub Regulation3Of Regulation46With Respect To Accuracy Of Disclosures On The Website And Timely Updation Is Placed
https://savita.com/corporate/investors/sebi-disclosures-reg-46/
Disclosure Web Link Of Confirmation That The Disclosures Are In A Separate Section As Specified In Sub Regulation2Of Regulation46Is Placed
https://savita.com/corporate/investors/sebi-disclosures-reg-46/
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://savita.com/corporate/investors/financials/
Disclosure Web Link Of Disclosures Under Sub Regulation8Of Regulation30Is Placed
https://savita.com/corporate/investors/other-disclosures/
Disclosure Web Link Of Memorandum Of Association And Articles Of Association Is Placed
https://savita.com/corporate/investors/financials/
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://savita.com/corporate/investors/other-disclosures/
Disclosure Web Link Of Secretarial Compliance Report Is Placed
https://savita.com/corporate/investors/other-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
Not Applicable
Fees Or Compensation
Yes
Financial Results
Yes
Is SCORESID Available
Yes
ISIN
INE035D01020
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
Uday C. Rege
Name Of Signatory Affirmations
Uday C. Rege
Name Of Signatory For Annual Affirmations
Uday C. Rege
Name Of Signatory For Quartely Affirmations
Uday C. Rege
Name Of The Company
Savita Oil Technologies 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
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
The Company has not granted any Loan, Guarantee, Comfort Letter or Security in coonection with any loan or debt availed by Promoter, Promoter Group, Directors or KMPs or any entity controlled by them during the quarter ended 31st March, 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
s00128
Scrip Code
524667
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
SOTL
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_MeetingComit10
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
Entry D_MeetingComit8
Whether Requirement Of Quorum Met
Yes
Entry D_MeetingComit9
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
No
Chairperson Related to MD / CEO
Yes
Regular Chairperson
Yes

Composition of Board of Directors

SrTitleDirectorPANDINCategory 1Category 2Category 3Date of BirthDisqualifiedStatusSpecial ResolutionInitial AppointmentRe-appointmentCessationTenure (months)Listed DirectorshipsIndependent DirectorshipsAudit / Stakeholder MembershipsAudit / Stakeholder Chair Posts
1MrGAUTAM N. MEHRA******00296615Executive DirectorChairpersonMD05-Aug-1961NoActiveNot Applicable25-Mar-199701-Oct-20231020
2MrSIDDHARTH G. MEHRA******06454215Executive DirectorNot Applicable30-Jul-1990NoActiveNot Applicable01-Jul-201701-Oct-20211000
3MrVISHAL SOOD******10734919Executive DirectorNot Applicable14-Nov-1971NoInactiveNot Applicable27-Aug-202427-Aug-202403-Mar-20261010
4MrRAVINDRA PISHARODY******01875848Non-Executive - Independent DirectorNot Applicable24-Nov-1955NoActiveNot Applicable01-Jan-201801-Jan-2022994452
5MrHARIHARAN SUNDER******00020583Non-Executive - Independent DirectorNot Applicable26-Jul-1959NoActiveNot Applicable28-Jan-201901-Apr-2022861111
6MsKAVITA NAIR******07771200Non-Executive - Independent DirectorNot Applicable03-May-1973NoActiveNot Applicable01-Apr-202401-Apr-2024243342

Committee Disclosures

Entry CompComit122
Date of Appointment
01-Apr-2019
Entry CompComit123
Date of Appointment
01-Apr-2019
Entry CompComit124
Date of Appointment
27-Aug-2024
Date Of Cessation Of Director In Committee
03-Mar-2026
Entry CompComit14
Date of Appointment
01-Apr-2024
Entry CompComit15
Date of Appointment
01-Apr-2019
Entry CompComit16
Date of Appointment
01-Apr-2019
Entry CompComit41
Date of Appointment
01-Apr-2019
Entry CompComit42
Date of Appointment
01-Apr-2024
Entry CompComit43
Date of Appointment
03-Feb-2020
Entry CompComit68
Date of Appointment
01-Apr-2024
Entry CompComit69
Date of Appointment
01-Apr-2019
Entry CompComit70
Date of Appointment
27-Aug-2024
Date Of Cessation Of Director In Committee
03-Mar-2026
Entry CompComit95
Date of Appointment
01-Apr-2019
Entry CompComit96
Date of Appointment
01-Apr-2019
Entry CompComit97
Date of Appointment
18-Aug-2020
Entry CompComit98
Date of Appointment
27-Aug-2024
Date Of Cessation Of Director In Committee
03-Mar-2026
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://savita.com/corporate/board-of-directors/
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
No
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
00020583
Member Name
HARIHARAN SUNDER
Position
Non-Executive - Independent Director

Audit Committee

Additional Position
Member
Director DIN
01875848
Member Name
RAVINDRA PISHARODY
Position
Non-Executive - Independent Director

Audit Committee

Additional Position
Member
Director DIN
00296615
Member Name
GAUTAM N. MEHRA
Position
Executive Director

Audit Committee

Audit Committee

Corporate Social Responsibility Committee

Additional Position
Chairperson
Director DIN
00296615
Member Name
GAUTAM N. MEHRA
Position
Executive Director

Corporate Social Responsibility Committee

Additional Position
Member
Director DIN
01875848
Member Name
RAVINDRA PISHARODY
Position
Non-Executive - Independent Director

Corporate Social Responsibility Committee

Additional Position
Member
Director DIN
10734919
Member Name
VISHAL SOOD
Notes
Cessation of Mr. Vishal Sood due to his demise on 3rd March, 2026
Position
Executive Director

Corporate Social Responsibility Committee

Corporate Social Responsibility Committee

Nomination and remuneration committee

Additional Position
Chairperson
Director DIN
01875848
Member Name
RAVINDRA PISHARODY
Position
Non-Executive - Independent Director

Nomination and remuneration committee

Additional Position
Member
Director DIN
07771200
Member Name
KAVITA NAIR
Position
Non-Executive - Independent Director

Nomination and remuneration committee

Additional Position
Member
Director DIN
00020583
Member Name
HARIHARAN SUNDER
Position
Non-Executive - Independent Director

Nomination and remuneration committee

Nomination and remuneration committee

Risk Management Committee

Additional Position
Chairperson
Director DIN
00296615
Member Name
GAUTAM N. MEHRA
Position
Executive Director

Risk Management Committee

Additional Position
Member
Director DIN
00020583
Member Name
HARIHARAN SUNDER
Position
Non-Executive - Independent Director

Risk Management Committee

Additional Position
Member
Director DIN
06454215
Member Name
SIDDHARTH G. MEHRA
Position
Executive Director

Risk Management Committee

Additional Position
Member
Director DIN
10734919
Member Name
VISHAL SOOD
Notes
Cessation of Mr. Vishal Sood due to his demise on 3rd March, 2026
Position
Executive Director

Risk Management Committee

Risk Management Committee

Stakeholders Relationship Committee

Additional Position
Chairperson
Director DIN
07771200
Member Name
KAVITA NAIR
Position
Non-Executive - Independent Director

Stakeholders Relationship Committee

Additional Position
Member
Director DIN
00296615
Member Name
GAUTAM N. MEHRA
Position
Executive Director

Stakeholders Relationship Committee

Additional Position
Member
Director DIN
10734919
Member Name
VISHAL SOOD
Notes
Cessation of Mr. Vishal Sood due to his demise on 3rd March, 2026
Position
Executive Director

Stakeholders Relationship Committee

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
05-Nov-2025
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 MeetingBOD2
Dates Of Meeting If Any In The Relevant Quarter
13-Feb-2026
Maximum Gap Between Any Two Consecutive Meetings
99
Number Of Directors Present In Meeting Of Board Of Directors
6
Number Of Independent Directors Attending The Meeting
3
Total Number Of Directors As On Date Of The Meeting
6
Entry MeetingComit1
Dates Of Meeting Of The Committee In The Previous Quarter
05-Nov-2025
Number Of Director Present In Meeting Of Committee All Directors Including Independent Director
2
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 MeetingComit10
Dates Of Meeting Of The Committee In The Relevant Quarter
13-Feb-2026
Maximum Gap Between Any Two Consecutive Meetings
99
Number Of Director Present In Meeting Of Committee All Directors Including Independent Director
4
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
4
Entry MeetingComit2
Dates Of Meeting Of The Committee In The Relevant Quarter
13-Feb-2026
Maximum Gap Between Any Two Consecutive Meetings
99
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 MeetingComit3
Dates Of Meeting Of The Committee In The Previous Quarter
05-Nov-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
0
Total Number Of Directors As On Date Of The Meeting
3
Entry MeetingComit4
Dates Of Meeting Of The Committee In The Relevant Quarter
13-Feb-2026
Maximum Gap Between Any Two Consecutive Meetings
99
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
05-Nov-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
0
Total Number Of Directors As On Date Of The Meeting
3
Entry MeetingComit6
Dates Of Meeting Of The Committee In The Relevant Quarter
13-Feb-2026
Maximum Gap Between Any Two Consecutive Meetings
99
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 MeetingComit7
Dates Of Meeting Of The Committee In The Previous Quarter
05-Nov-2025
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
3
Entry MeetingComit8
Dates Of Meeting Of The Committee In The Relevant Quarter
13-Feb-2026
Maximum Gap Between Any Two Consecutive Meetings
99
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
3
Entry MeetingComit9
Dates Of Meeting Of The Committee In The Previous Quarter
05-Nov-2025
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
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://savita.com/corporate/investors/financials/
Disclosure Web Link Of Company At Which Email Address For Grievance Redressal And Other Relevant Details Is Placed
https://savita.com/corporate/investors/financials/
Email Address For Grievance Redressal And Other Relevant Details
Yes
No Of Investor Complaints Disposed Off During The Period
1
No Of Investor Complaints During The Period
0
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
0
Composition Of Board Of Directors Of Unlisted Material Subsidiary
Yes
Reason For Part C Of Annexure I Of The SEBI Circular Dated31December2024Related To Disclosure Of Acquisition Of Shares Or Voting Rights In Unlisted Companies Is Not Applicable To The Entity
The Company has not made any aquisition of Shares or Voting Rights in Unlisted Public Companies during the quarter ended 31st March, 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 tried to file an appeal online in order to challenge the Show Cause Notice. However, due to some technical glitches on the GST portal, the Company could not succeed in filing the appeal online. As a suitable option, the Company then filed a Writ Petition on 27-03-2026 with the Hon’ble Bombay High Court. Subsequently, on 13-04-2026, the Judicial Clerk has accepted appeal in manual mode. Appeal is yet to be heard.
Date of Initiation
30-Sep-2025
Opposing Party
Dy. Commissioner of State Tax (Belapur-503)
Status (Previous Disclosure)
A Show Cause Notice was issued on the Company’s Maharashtra ISD registration, alleging that the services were not qualified as common services. The disputed amount was Tax of Rs.17,29,42,824, Interest of Rs.10,89,96,623 and Penalty of Rs.1,72,94,281. An order was passed by the Dy. Commissioner on 30-12-2025 with nil demand of tax, interest and penalty. However, in the same order, the ISD distribution and eligibility of certain ITC has been disputed for distribution of excess credit. The Company has decided to file an appeal against this order.
Entry I_OngoingTaxLitigationsOrDisputes2
Current Status
The Company had filed an appeal on 26-02-2026.
Date of Initiation
25-Sep-2025
Opposing Party
Dy. Commissioner of State Tax, Mumbai Audit V
Status (Previous Disclosure)
DRC-07 (Summary Order) was issued on 01-12-2025. The original demand was partially dropped by the Department amounting to Tax of Rs.20,47,203, Interest of Rs.13,98,509 and Penalty of Rs.2,04,721. The Company is in the process of filing an appeal against revised demand.
Entry I_OngoingTaxLitigationsOrDisputes3
Current Status
The Company had filed its reply to the Show Cause Notice on 21-01-2026.
Date of Initiation
09-Jan-2026
Opposing Party
Sales Tax Officer, Ward-85, Ludhiana-5
Status (Previous Disclosure)
A Show Cause Notice was issued for FY 2024-25 alleging non-declaration of outward supply in GST Return. The disputed Tax amount is Rs.55,07,766, Interest of Rs.14,93,096 and Penalty of Rs.8,26,164.
Entry I_OngoingTaxLitigationsOrDisputes4
Current Status
The Company is in the process of filing its reply.
Date of Initiation
30-Mar-2026
Opposing Party
Dy. Commissioner of State Tax, Belapur Division
Status (Previous Disclosure)
A Show Cause Notice was issued alleging excess/incorrect distribution of Input Tax Credit in respect of FY 2021-22 on the Company’s Maharashtra ISD registration, recommending penalty of Rs.17,29,42,824.
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 has been no imposition of fine or penalty on the Company during the quarter ended 31st March, 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