Swelect Energy Systems Ltd

Integrated Filing — Corporate Governance (NSE XBRL)

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Filing Summary

Company
Swelect Energy Systems Limited
Symbol
SWELECTES
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
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
Yes
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
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://swelectes.com/investors/financial-information/annual-return.php
Disclosure Web Link Of Company At Advertisements As Per Regulation471Is Placed
https://swelectes.com/investors/newspaper-advertisements.php
Disclosure Web Link Of Company At Materiality Policy As Per Sub Regulation4Regulation30Is Placed
https://swelectes.com/pdf/policies/POLICYFORDETERMINATIONOFMATERIALITYOF-EVENTS.pdf
Disclosure Web Link Of Company At Separate Audited Financial Statements Of Each Subsidiary Of The Listed Entity Is Placed
https://swelectes.com/investors/financial-information/audited-accounts-of-subsidiary-companies.php?year=2024-2025
Disclosure Web Link Of Company At Which Credit Rating Or Revision In Credit Rating Obtained Is Placed
https://swelectes.com/investors/credit-rating.php
Disclosure Web Link Of Company At Which Details Of Business Is Placed
https://swelectes.com/index.php
Disclosure Web Link Of Company At Which Details Of Establishment Of Vigil Mechanism Or Whistle Blower Policy Is Placed
https://swelectes.com/pdf/policies/whistle-blower-policy-and-vigil-mechanism.pdf
Disclosure Web Link Of Company At Which Financial Results Is Placed
https://swelectes.com/investors/financial-information/audited-unaudited-financial-results.php?year=2025-2026
Disclosure Web Link Of Company At Which Policy For Determining Material Subsidiaries Is Placed
https://swelectes.com/pdf/policies/Material%20Subsidiary%20SWELECT.pdf
Disclosure Web Link Of Company At Which Policy On Dealing With Related Party Transactions Is Placed
https://swelectes.com/pdf/policies/RPT%20Policy.pdf
Disclosure Web Link Of Company At Which Shareholding Pattern Is Placed
https://swelectes.com/investors/regulatory-informtion/shareholding-pattern.php?year=2025-2026
Disclosure Web Link Of Compliance With Sub Regulation3Of Regulation46With Respect To Accuracy Of Disclosures On The Website And Timely Updation Is Placed
https://swelectes.com/investors.php
Disclosure Web Link Of Confirmation That The Disclosures Are In A Separate Section As Specified In Sub Regulation2Of Regulation46Is Placed
https://swelectes.com/investors/sebi.php
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://swelectes.com/pdf/policies/Disclosure-under-Regulation-305-of-SEBILODR-Regulations-20.pdf
Disclosure Web Link Of Disclosures Under Sub Regulation8Of Regulation30Is Placed
https://swelectes.com/investors/stock-exchange-communication.php?year=2025-2026
Disclosure Web Link Of Employee Benefit Scheme Documents Framed In Terms Of SEBI Share Based Employee Benefits And Sweat Equity Regulations2021Is Placed
https://swelectes.com/investors/esop-scheme.php
Disclosure Web Link Of Memorandum Of Association And Articles Of Association Is Placed
https://swelectes.com/investors/leadership/moa-and-aoa.php
Disclosure Web Link Of Secretarial Compliance Report Is Placed
https://swelectes.com/investors/regulatory-informtion/annual-secretarial-compliance.php?year=2024-2025
Disclosures Under Sub Regulation8Of Regulation30
Yes
Dividend Distribution Policy As Per Regulation43A1
Not Applicable
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
INE409B01013
Market Capitalisation As Per Immediate Previous Financial Year
Top 2000 listed entities
Materiality Policy As Per Sub Regulation4Regulation30
Yes
Memorandum Of Association And Articles Of Association
Yes
Minimum Information
Yes
MSEI Symbol
NOTLISTED
Name Of Signatory
J BHUVANESWARI
Name Of Signatory Affirmations
J.BHUVANESWARI
Name Of Signatory For Annual Affirmations
J.BHUVANESWARI
Name Of Signatory For Quartely Affirmations
J BHUVANESWARI
Name Of The Company
SWELECT ENERGY SYSTEMS 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
CHENNAI
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
As per the FAQ (Circular reference No NSE/CML/2023/31 Date: 10.04.2023) given by NSE it is not applicable for the Company.
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
Not Applicable
SCORES Registration ID
n00177
Scrip Code
532051
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
SWELECTES
The Listed Entity Has Approved Material Subsidiary Policy And The Corporate Governance Requirements With Respect To Subsidiary Of Listed Entity Have Been Complied
Yes
Type Of Company
Equity
Type Of Submission
Original
Vacancies In Respect Key Managerial Personnel
Not Applicable
Vigil Mechanism
Yes
Whether As Per Sub Regulation2ba Of Regulation27Of SEBILODR There Has Been Cyber Security Incidents During The Quarter
No
Whether Part A Of Annexure I Of The SEBI Circular Dated31December2024Related To Compliance Report On Corporate Governance Is Applicable To The Entity
Yes
Whether Part F Of Annexure I Of The SEBI Circular Dated31December2024Related To Disclosure Of Loans Or Guarantees Or Comfort Letters Or Securities Etc Is Applicable To The Entity
No

Additional Disclosures

Entry D_MeetingBOD1
Whether Requirement Of Quorum Met
Yes
Entry D_MeetingBOD2
Whether Requirement Of Quorum Met
Yes
Entry D_MeetingBOD3
Whether Requirement Of Quorum Met
Yes
Entry D_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
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Board Composition — Entity Disclosures

The Composition Of Board Of Directors Is In Terms Of Sebi Regulations2015
Yes
Chairperson Related to MD / CEO
No
Regular Chairperson
Yes

Composition of Board of Directors

SrTitleDirectorPANDINCategory 1Category 2Category 3Date of BirthDisqualifiedStatusSpecial ResolutionSpecial Resolution DateInitial AppointmentRe-appointmentTenure (months)Listed DirectorshipsIndependent DirectorshipsAudit / Stakeholder MembershipsAudit / Stakeholder Chair Posts
1MrSUNDARAM ANNADURAI******00137561Non-Executive - Independent DirectorChairperson31-Jul-1949NoActiveYes26-Jul-202328-Jun-201728-Jun-202201-Mar-01051110
2MrCHELLAPPAN RAMASAMY GOUNDER******00016958Executive DirectorNot Applicable08-May-1953NoActiveNot Applicable12-Sep-199404-Sep-20251000
3MrARULKUMAR PUDUR SHANMUGASUNDARAM******08371976Executive DirectorNot ApplicableCEO-MD11-Feb-1968NoActiveNot Applicable04-Sep-202504-Sep-20251000
4MrARTHANARI BALAN******00017091Executive DirectorNot Applicable10-May-1953NoActiveNot Applicable03-Oct-201504-Sep-20251000
5MrKONGANAPURAM VENKATESAN NACHIAPPAN******00017182Executive DirectorNot Applicable30-Sep-1965NoActiveNot Applicable20-Apr-201820-Apr-20231030
6MrVENKATAGIRI CHELLAPPAN RAGHUNATH******00703922Executive DirectorNot Applicable11-Jul-1981NoActiveNot Applicable11-Nov-201328-Jul-20241020
7MsVENKATAGIRI CHELLAPPAN MIRUNALINI******07860175Executive DirectorNot Applicable08-Dec-1984NoActiveNot Applicable28-Jun-201728-Jun-20221000
8MrsNACHIAPPAN JAYASHREE******03173327Non-Executive - Non Independent DirectorNot Applicable15-Dec-1966NoActiveNot Applicable13-Aug-201213-Aug-20121020
9MrGNANASEKAR SUKUMAR SAMUEL******05284689Non-Executive - Non Independent DirectorNot Applicable31-May-1951NoActiveYes15-Nov-202504-Sep-202515-Nov-20251000
10MrSELVARAJAN INIYAN******08355447Non-Executive - Independent DirectorNot Applicable28-May-1961NoActiveNot Applicable01-Apr-201901-Apr-2024841144
11MrMUTHUSAMY RAVI******08066520Non-Executive - Independent DirectorNot Applicable25-May-1962NoActiveNot Applicable11-Feb-202311-Feb-202337.183361
12MrsUMA PRAKASH******03206624Non-Executive - Independent DirectorNot Applicable26-Jul-1962NoActiveNot Applicable30-May-202530-May-202501-Oct-20261122

Committee Disclosures

Entry CompComit122
Date of Appointment
01-Apr-2019
Entry CompComit123
Date of Appointment
06-Feb-2014
Entry CompComit124
Date of Appointment
06-Feb-2014
Entry CompComit125
Date of Appointment
04-Sep-2025
Entry CompComit14
Date of Appointment
28-Jul-2025
Entry CompComit15
Date of Appointment
10-May-2018
Entry CompComit16
Date of Appointment
05-Aug-2013
Entry CompComit41
Date of Appointment
28-Jul-2025
Entry CompComit42
Date of Appointment
01-Apr-2024
Entry CompComit43
Date of Appointment
03-Oct-2015
Entry CompComit68
Date of Appointment
28-Jul-2025
Entry CompComit69
Date of Appointment
01-Apr-2019
Entry CompComit70
Date of Appointment
05-Nov-2012
Entry CompComit95
Date of Appointment
01-Apr-2008
Entry CompComit96
Date of Appointment
06-Feb-2014
Entry CompComit97
Date of Appointment
06-Feb-2014
Entry CompComit98
Date of Appointment
04-Sep-2025
Entry MainD
Composition And Role Of Risk Management Committee
Not Applicable
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://swelectes.com/investors/leadership/committees-board.php
Memberships In Committees
Yes
Prior Or Omnibus Approval Of Audit Committee For All Related Party Transactions
Yes
Risk Management Committee
No
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
Not Applicable
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
03206624
Member Name
UMA PRAKASH
Position
Non-Executive - Independent Director

Audit Committee

Additional Position
Member
Director DIN
00137561
Member Name
SUNDARAM ANNADURAI
Position
Non-Executive - Independent Director

Audit Committee

Additional Position
Member
Director DIN
03173327
Member Name
NACHIAPPAN JAYASHREE
Position
Non-Executive - Non Independent Director

Audit Committee

Audit Committee

Audit Committee

Corporate Social Responsibility Committee

Additional Position
Chairperson
Director DIN
00137561
Member Name
SUNDARAM ANNADURAI
Position
Non-Executive - Independent Director

Corporate Social Responsibility Committee

Additional Position
Member
Director DIN
00016958
Member Name
CHELLAPPAN RAMASAMY GOUNDER
Position
Executive Director

Corporate Social Responsibility Committee

Additional Position
Member
Director DIN
00703922
Member Name
VENKATAGIRI CHELLAPPAN RAGHUNATH
Position
Executive Director

Corporate Social Responsibility Committee

Additional Position
Member
Director DIN
08371976
Member Name
ARULKUMAR PUDUR SHANMUGASUNDARAM
Position
Executive Director

Corporate Social Responsibility Committee

Nomination and remuneration committee

Additional Position
Chairperson
Director DIN
03206624
Member Name
UMA PRAKASH
Position
Non-Executive - Independent Director

Nomination and remuneration committee

Additional Position
Member
Director DIN
08066520
Member Name
MUTHUSAMY RAVI
Position
Non-Executive - Independent Director

Nomination and remuneration committee

Additional Position
Member
Director DIN
03173327
Member Name
NACHIAPPAN JAYASHREE
Position
Non-Executive - Non Independent Director

Nomination and remuneration committee

Risk Management Committee

Additional Position
Chairperson
Director DIN
00016958
Member Name
CHELLAPPAN RAMASAMY GOUNDER
Position
Executive Director

Risk Management Committee

Additional Position
Member
Director DIN
00703922
Member Name
VENKATAGIRI CHELLAPPAN RAGHUNATH
Position
Executive Director

Risk Management Committee

Additional Position
Member
Director DIN
03173327
Member Name
NACHIAPPAN JAYASHREE
Position
Non-Executive - Non Independent Director

Risk Management Committee

Additional Position
Member
Director DIN
08371976
Member Name
ARULKUMAR PUDUR SHANMUGASUNDARAM
Position
Executive Director

Stakeholders Relationship Committee

Additional Position
Chairperson
Director DIN
03206624
Member Name
UMA PRAKASH
Position
Non-Executive - Independent Director

Stakeholders Relationship Committee

Additional Position
Member
Director DIN
00017182
Member Name
KONGANAPURAM VENKATESAN NACHIAPPAN
Position
Executive Director

Stakeholders Relationship Committee

Additional Position
Member
Director DIN
03173327
Member Name
NACHIAPPAN JAYASHREE
Position
Non-Executive - Non Independent Director
Entry MainD
Gap Between The Meetings Of The Risk Management Committee
Not Applicable
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
Not Applicable
Meeting Of Stakeholders Relationship Committee
Yes
Quorum Of Board Meeting
Yes
Quorum Of Nomination And Remuneration Committee Meeting
Yes
Quorum Of Risk Management Committeemeeting
Not Applicable
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
13-Nov-2025
Number Of Directors Present In Meeting Of Board Of Directors
12
Number Of Independent Directors Attending The Meeting
4
Total Number Of Directors As On Date Of The Meeting
12
Entry MeetingBOD2
Dates Of Meeting If Any In The Relevant Quarter
21-Jan-2026
Maximum Gap Between Any Two Consecutive Meetings
68
Number Of Directors Present In Meeting Of Board Of Directors
12
Number Of Independent Directors Attending The Meeting
4
Total Number Of Directors As On Date Of The Meeting
12
Entry MeetingBOD3
Dates Of Meeting If Any In The Relevant Quarter
13-Feb-2026
Maximum Gap Between Any Two Consecutive Meetings
22
Number Of Directors Present In Meeting Of Board Of Directors
11
Number Of Independent Directors Attending The Meeting
3
Total Number Of Directors As On Date Of The Meeting
12
Entry MeetingBOD4
Dates Of Meeting If Any In The Relevant Quarter
27-Mar-2026
Maximum Gap Between Any Two Consecutive Meetings
41
Number Of Directors Present In Meeting Of Board Of Directors
12
Number Of Independent Directors Attending The Meeting
4
Total Number Of Directors As On Date Of The Meeting
12
Entry MeetingComit1
Dates Of Meeting Of The Committee In The Previous Quarter
13-Nov-2025
Number Of Director Present In Meeting Of Committee All Directors Including Independent Director
3
Number Of Independent Director Attending Meeting Of Committee
2
Number Of Member Attending Meeting Of Committee
0
Total Number Of Directors As On Date Of The Meeting
3
Entry MeetingComit2
Dates Of Meeting Of The Committee In The Relevant Quarter
13-Feb-2026
Maximum Gap Between Any Two Consecutive Meetings
91
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 Relevant Quarter
27-Mar-2026
Maximum Gap Between Any Two Consecutive Meetings
41
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 MeetingComit4
Dates Of Meeting Of The Committee In The Relevant Quarter
13-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
0
Total Number Of Directors As On Date Of The Meeting
3
Entry MeetingComit5
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
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://swelectes.com/investors/contact/investor-grievances-and-redressal.php
Disclosure Web Link Of Company At Which Email Address For Grievance Redressal And Other Relevant Details Is Placed
https://swelectes.com/investors/contact/investor-grievances-and-redressal.php
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
Entry D_AcquisitionShares1
Percentage Of Shares Or Voting Rights Acquired During The Quarter
0.082
Entry D_AcquisitionShares2
Percentage Of Shares Or Voting Rights Acquired During The Quarter
0.5
Entry I_AcquisitionShares_PY1
Percentage Of Aggregate Holding Of Shares Or Voting Rights
0.6578
Entry I_AcquisitionShares_PY2
Percentage Of Aggregate Holding Of Shares Or Voting Rights
0
Entry I_AcquisitionShares1
Date Of Acquisition
05-Jan-2026
Name Of The Unlisted Company In Which Shares Or Voting Rights Have Been Acquired
ESG GREEN ENERGY PRIVATE LIMITED
Percentage Of Aggregate Holding Of Shares Or Voting Rights
0.7398
Entry I_AcquisitionShares2
Date Of Acquisition
18-Mar-2026
Name Of The Unlisted Company In Which Shares Or Voting Rights Have Been Acquired
SWELECT FORTIFYGRID INDIA PRIVATE LIMITED
Percentage Of Aggregate Holding Of Shares Or Voting Rights
0.5
Entry MainD
Any Other Information For Disclosure Of Acquisition Of Shares Or Voting Rights In Unlisted Companies Explanatory Text Block
1. In continuation to the intimation made under Integrated Governance Report for the Quarter ended 31st December, 2025, the Company had made second tranche of investment in the subsidiary ESG GREEN ENERGY PRIVATE LIMITED during January 2026, resulting in the percentage of shareholding of the Company increasing from 65.78% to 73.98% as at the end of the quarter ended March 31, 2026. To reflect the correct aggregate holding percentage of shares or voting rights as at the end of the quarter ended March 31, 2026, the percentage of shares or voting rights acquired during the quarter is mentioned as 8.20% 2. Further, SWELECT Energy Systems Limited (SESL) along with FortifyGrid LLC (Fortify) incorporated a Joint Venture company on 18th March, 2026 named SWELECT FORTIFYGRID INDIA PRIVATE LIMITED, where SESL and Fortify are the subscribers to the memorandum and each have subscribed 50,000 equity shares of Rs.10 each. However, the cash remittance of Rs. 5,00,000 each is yet to be made by the subscribers to the memorandum towards the subscription amount.
Composition Of Board Of Directors Of Unlisted Material Subsidiary
Yes
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
Yes
Entry I_OngoingTaxLitigationsOrDisputes1
Current Status
Submission before the CIT(A) is filed and the same is pending for adjudication as on date..
Date of Initiation
31-Mar-2010
Opposing Party
Income tax department
Status (Previous Disclosure)
1.Disallowance of depreciation expense 2.Disallowance of Software development expenses 3.Disallowance of Bad debts written off 4.14A disallowance
Entry I_OngoingTaxLitigationsOrDisputes10
Current Status
Submission before the CIT(A) is filed and the same is pending for adjudication as on date.
Date of Initiation
31-Mar-2023
Opposing Party
Income tax department
Status (Previous Disclosure)
Disllaowed depreciation
Entry I_OngoingTaxLitigationsOrDisputes11
Current Status
Responded to SCN
Date of Initiation
31-Mar-2023
Opposing Party
Department of Goods and Services Tax
Status (Previous Disclosure)
The grounds and qualification as stated by authorities is as follows: - GST Liability on account place of supply.
Entry I_OngoingTaxLitigationsOrDisputes12
Current Status
Pending with AO
Date of Initiation
31-Mar-2007
Opposing Party
Department of Sales Tax
Status (Previous Disclosure)
Disputed turnover-Delhi Vat Act, 2004
Entry I_OngoingTaxLitigationsOrDisputes13
Current Status
Pending with AO
Date of Initiation
31-Mar-2013
Opposing Party
Department of Sales Tax
Status (Previous Disclosure)
Non submission of F-forms & C-Forms to the Department -The Central Sales Tax ( Assam), Rules 1957
Entry I_OngoingTaxLitigationsOrDisputes14
Current Status
Appeal filed before the High Court of Karnataka. Pending for admission and stay.
Date of Initiation
27-Sep-2024
Opposing Party
Department of Excise
Status (Previous Disclosure)
Central Excise Appeal No. 16/2025 before the High Court of Karnataka challenging Final Order Nos. 20920 – 20921/2024 dated 27.09.2024 passed by CESTAT Bangalore denying exemption from BCD, CVD & SAD for the periods April 2009 to June 2012 and October 2013 to March 2013
Entry I_OngoingTaxLitigationsOrDisputes15
Current Status
Appeal filed before the High Court of Karnataka. Pending for admission and stay.
Date of Initiation
20-Mar-2025
Opposing Party
Department of Excise
Status (Previous Disclosure)
Central Excise Appeal No.45/2025 before the High Court of Karnataka challenging the CESTAT Final Order Nos. 20516 – 20519/2025 dated 20.03.2025 passed by CESTAT Bangalore in respect of denial of exemption from payment of CVD and SAD under alternate exemption Notifications
Entry I_OngoingTaxLitigationsOrDisputes2
Current Status
CIT(A) appeal has been filed and the same is pending for adjudication as on date.
Date of Initiation
31-Mar-2011
Opposing Party
Income tax department
Status (Previous Disclosure)
1.Depreciation on interior decoration expenses capitalized 2.Disallowance bad debts written off 3.Disallowance of donation and pooja expenses 4.14A Disallowance 5.Deduction under section 10B
Entry I_OngoingTaxLitigationsOrDisputes3
Current Status
Submission before the CIT(A) is filed and the same is pending for adjudication as on date.
Date of Initiation
31-Mar-2012
Opposing Party
Income tax department
Status (Previous Disclosure)
Disallowance of deduction under section 80IB of the Act
Entry I_OngoingTaxLitigationsOrDisputes4
Current Status
The Company received a favorable order from the CIT(A) wherein the adjustments proposed by the AO were deleted. Currently, the Company is awaiting Order Giving Effect (‘OGE’) from the AO.
Date of Initiation
31-Mar-2013
Opposing Party
Income tax department
Status (Previous Disclosure)
Matters before CIT(A) -14A disallowance and bad debts written off. Short grant of advance tax issue pending before AO.
Entry I_OngoingTaxLitigationsOrDisputes5
Current Status
Submission before the CIT(A) is filed and the same is pending for adjudication as on date.
Date of Initiation
31-Mar-2014
Opposing Party
Income tax department
Status (Previous Disclosure)
14A Disallowance recumputaion pending with AO
Entry I_OngoingTaxLitigationsOrDisputes6
Current Status
The Company has filed an application before the AO requesting to pass OGE to the ITAT order. In this regard, we understand that the demand shall be nullified upon processing of the OGE application.
Date of Initiation
31-Mar-2015
Opposing Party
Income tax department
Status (Previous Disclosure)
14A Disallowance
Entry I_OngoingTaxLitigationsOrDisputes7
Current Status
Rectification application has been filed before the AO. • In this regard, we understand that the demand shall be nullified upon processing of the rectification application. • Currently, tax authorities have sought confirmation if the DDT refund amounting to INR 508,912 has been credited to Company’s bank account.
Date of Initiation
31-Mar-2017
Opposing Party
Income tax department
Status (Previous Disclosure)
DDT was remitted within due date - Interest under section 115P of the Act has been levied in the rectified assessment order.
Entry I_OngoingTaxLitigationsOrDisputes8
Current Status
The Company is currently in the process of filing the rectification application before the AO. Please note that the said demand is on account of short grant of TDS credit. Basis our perusal of the latest Form 26AS, we understand that there is a short grant of TDS to the tune of INR 74,333 only. Accordingly, the said demand shall be reduced to the extent of INR 74,333 only if the corresponding income has been offered to tax by the Company.
Date of Initiation
31-Mar-2018
Opposing Party
Income tax department
Status (Previous Disclosure)
Short grant of TDS credit and consequential effect on 234B and 234C of the Act
Entry I_OngoingTaxLitigationsOrDisputes9
Current Status
Submission before the CIT(A) is filed and the same is pending for adjudication as on date.
Date of Initiation
31-Mar-2019
Opposing Party
Income tax department
Status (Previous Disclosure)
DDT remitted was not considered and interest under section 115P was levied.
Entry MainD
Whether Part E Of Annexure I Of The SEBI Circular Dated31December2024Related To Disclosure Of Updates To Ongoing Tax Litigations Or Disputes Is Applicable To The Entity
Yes
Reason For Part D Of Annexure I Of The SEBI Circular Dated31December2024Related To Disclosure Of Imposition Of Fine Or Penalty Is Not Applicable To The Entity
There is no imposition of fine or penalty 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