Mangalam Cement Ltd

Integrated Filing — Corporate Governance (NSE XBRL)

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Filing Summary

Company
Mangalam Cement Limited
Symbol
MANGLMCEM
Quarter Ended
31-Mar-2026
Submission
New

General Disclosures

Additional Disclosure Date
23-Apr-2026
Additional Disclosure Designation
CFO
Additional Disclosure Name Of Signatory
YASWANT MISHRA
Additional Disclosure Place
Kolkata
Advertisements As Per Regulation471
Yes
Affirmations
All loans (or other form of debt), guarantees, comfort letters (by whatever name called) or securities in connection with any loan(s) (or other form of debt) given directly or indirectly by the listed entity to promoter(s), promoter group, director(s) (including their relatives), key managerial personnel (including their relatives) or any entity controlled by them are in the economic interest of the company.
Aggregate Amount Advanced During Six Months Of Any Loan Or Any Other Form Of Debt To KM Ps Or Any Other Entity Controlled By Them
0
Aggregate Amount Advanced During Six Months Of Any Loan Or Any Other Form Of Debt To Promoter Group Or Any Other Entity Controlled By Them
0
Aggregate Amount Advanced During Six Months Of Any Loan Or Any Other Form Of Debt To Promoter Or Any Other Entity Controlled By Them
0
Aggregate Amount Of Issuance During Six Months Of Any Guarantee Or Comfort To KM Ps Or Any Other Entity Controlled By Them
0
Aggregate Amount Of Issuance During Six Months Of Any Guarantee Or Comfort To Promoter Group Or Any Other Entity Controlled By Them
0
Aggregate Amount Of Issuance During Six Months Of Any Guarantee Or Comfort To Promoter Or Any Other Entity Controlled By Them
0
Aggregate Value Of Security Provided During Six Months Of Security In Connection With Loan Or Any Other Debt Avail By KM Ps Or Any Other Entity Controlled By Them
0
Aggregate Value Of Security Provided During Six Months Of Security In Connection With Loan Or Any Other Debt Avail By Promoter Group Or Any Other Entity Controlled By Them
0
Aggregate Value Of Security Provided During Six Months Of Security In Connection With Loan Or Any Other Debt Avail By Promoter Or Any Other Entity Controlled By Them
0
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
Balance Outstanding At The End Of Six Months Any Loan Or Any Other Form Of Debt To KM Ps Or Any Other Entity Controlled By Them
0
Balance Outstanding At The End Of Six Months Any Loan Or Any Other Form Of Debt To Promoter Group Or Any Other Entity Controlled By Them
0
Balance Outstanding At The End Of Six Months Any Loan Or Any Other Form Of Debt To Promoter Or Any Other Entity Controlled By Them
0
Balance Outstanding At The End Of Six Months Of Any Guarantee Or Comfort To KM Ps Or Any Other Entity Controlled By Them
0
Balance Outstanding At The End Of Six Months Of Any Guarantee Or Comfort To Promoter Group Or Any Other Entity Controlled By Them
0
Balance Outstanding At The End Of Six Months Of Any Guarantee Or Comfort To Promoter Or Any Other Entity Controlled By Them
0
Balance Outstanding At The End Of Six Months Of Security In Connection With Loan Or Any Other Debt Avail By KM Ps Or Any Other Entity Controlled By Them
0
Balance Outstanding At The End Of Six Months Of Security In Connection With Loan Or Any Other Debt Avail By Promoter Group Or Any Other Entity Controlled By Them
0
Balance Outstanding At The End Of Six Months Of Security In Connection With Loan Or Any Other Debt Avail By Promoter Or Any Other Entity Controlled By Them
0
Board Composition
Yes
Code Of Conduct
Yes
Compliance Certificate
Yes
Compliance Status
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
23-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 Notes On Affirmations Explanatory Text Block
The Company does not have any subsidiary/material subsidiary for the year ended 31st March, 2026
Disclosure Of Notes To Annexure1Explanatory Text Block
No Comments
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.mangalamcement.com/
Disclosure Web Link Of Company At Advertisements As Per Regulation471Is Placed
https://www.mangalamcement.com/
Disclosure Web Link Of Company At Dividend Distribution Policy As Per Regulation43A1Is Placed
https://www.mangalamcement.com/
Disclosure Web Link Of Company At Materiality Policy As Per Sub Regulation4Regulation30Is Placed
https://www.mangalamcement.com/
Disclosure Web Link Of Company At Which Credit Rating Or Revision In Credit Rating Obtained Is Placed
https://www.mangalamcement.com/
Disclosure Web Link Of Company At Which Details Of Business Is Placed
https://www.mangalamcement.com/
Disclosure Web Link Of Company At Which Details Of Establishment Of Vigil Mechanism Or Whistle Blower Policy Is Placed
https://www.mangalamcement.com/
Disclosure Web Link Of Company At Which Financial Results Is Placed
https://www.mangalamcement.com/
Disclosure Web Link Of Company At Which Policy On Dealing With Related Party Transactions Is Placed
https://www.mangalamcement.com/
Disclosure Web Link Of Company At Which Shareholding Pattern Is Placed
https://www.mangalamcement.com/
Disclosure Web Link Of Compliance With Sub Regulation3Of Regulation46With Respect To Accuracy Of Disclosures On The Website And Timely Updation Is Placed
https://www.mangalamcement.com/
Disclosure Web Link Of Confirmation That The Disclosures Are In A Separate Section As Specified In Sub Regulation2Of Regulation46Is Placed
https://www.mangalamcement.com/
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.mangalamcement.com/
Disclosure Web Link Of Disclosures Under Sub Regulation8Of Regulation30Is Placed
https://www.mangalamcement.com/
Disclosure Web Link Of Memorandum Of Association And Articles Of Association Is Placed
https://www.mangalamcement.com/
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.mangalamcement.com/
Disclosure Web Link Of Secretarial Compliance Report Is Placed
https://www.mangalamcement.com/
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
INE347A01017
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
Pawan Kumar Thakur
Name Of Signatory Affirmations
Pawan Kumar Thakur
Name Of Signatory For Annual Affirmations
Pawan Kumar Thakur
Name Of Signatory For Quartely Affirmations
Pawan Kumar Thakur
Name Of The Company
MANGALAM CEMENT LIMITED
New Name And The Old Name Of The Listed Entity
Not Applicable
Other Corporate Governance Requirements With Respect To Subsidiary Of Listed Entity
Not Applicable
Place
Morak
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
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
M00083
Scrip Code
502157
Secretarial Compliance Report
Yes
Separate Audited Financial Statements Of Each Subsidiary Of The Listed Entity
Not Applicable
Shareholding Pattern
Yes
Statements Of Deviations Or Variations As Specified In Regulation32
Not Applicable
Symbol
MANGLMCEM
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 Any Guarantee Or Comfort Letter Of KM Ps Or Any Other Entity Controlled By Them
0
Type Of Any Guarantee Or Comfort Letter Of Promoter Group Or Any Other Entity Controlled By Them
0
Type Of Any Guarantee Or Comfort Letter Of Promoter Or Any Other Entity Controlled By Them
0
Type Of Company
Equity
Type Of Security Of KM Ps Or Any Other Entity Controlled By Them
0
Type Of Security Of Promoter Group Or Any Other Entity Controlled By Them
0
Type Of Security Of Promoter Or Any Other Entity Controlled By Them
0
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
Yes

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
Entry D_MeetingComit5
Whether Requirement Of Quorum Met
Yes
Entry D_MeetingComit6
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 2Date of BirthDisqualifiedStatusSpecial ResolutionSpecial Resolution DateInitial AppointmentRe-appointmentTenure (months)Listed DirectorshipsIndependent DirectorshipsAudit / Stakeholder MembershipsAudit / Stakeholder Chair Posts
1MrANSHUMAN VIKRAM JALAN******01455782Executive DirectorChairperson related to Promoter01-Dec-1976NoActiveNot Applicable30-Jul-200901-Apr-20232020
2MrNAND GOPAL KHAITAN******00020588Non-Executive - Non Independent DirectorNot Applicable21-May-1951NoActiveYes22-Aug-202510-Sep-20246462
3MrGAURAV GOEL******00076111Non-Executive - Non Independent DirectorNot Applicable24-Sep-1973NoActiveNot Applicable10-Sep-20243030
4MrANAND DAGA******00897988Non-Executive - Independent DirectorNot Applicable12-Aug-1972NoActiveNot Applicable20-Oct-202308-Aug-2023321110
5MrsHIMALYANI GUPTA******00607140Non-Executive - Independent DirectorNot Applicable26-Jul-1954NoActiveNot Applicable28-Oct-202405-Aug-2024203342
6MrArun Chawla******10520552Non-Executive - Independent DirectorNot Applicable01-Jul-1959NoActiveNot Applicable11-Jan-202514-Nov-2024171110
7MrYaswant Mishra******00305109Executive DirectorNot Applicable01-Jan-1970NoActiveNot Applicable06-Feb-20251000
8MrAJIT CHERIAN KURUVILLA******11087659Non-Executive - Independent DirectorNot Applicable31-Aug-1967NoActiveNot Applicable03-May-2025111100

Committee Disclosures

Entry CompComit122
Date of Appointment
13-May-2014
Entry CompComit123
Date of Appointment
10-Sep-2024
Entry CompComit124
Date of Appointment
10-Sep-2024
Entry CompComit14
Date of Appointment
10-Sep-2024
Entry CompComit15
Date of Appointment
10-Sep-2024
Entry CompComit16
Date of Appointment
10-Sep-2024
Entry CompComit17
Date of Appointment
14-Nov-2024
Entry CompComit41
Date of Appointment
10-Sep-2024
Entry CompComit42
Date of Appointment
10-Sep-2024
Entry CompComit43
Date of Appointment
14-Nov-2024
Entry CompComit68
Date of Appointment
10-Sep-2024
Entry CompComit69
Date of Appointment
10-Sep-2024
Entry CompComit70
Date of Appointment
10-Sep-2024
Entry CompComit95
Date of Appointment
22-May-2021
Entry CompComit96
Date of Appointment
10-Sep-2024
Entry CompComit97
Date of Appointment
10-Sep-2024
Entry CompComit98
Date of Appointment
22-May-2021
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.mangalamcement.com/
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
00607140
Member Name
HIMALYANI GUPTA
Position
Non-Executive - Independent Director

Audit Committee

Additional Position
Member
Director DIN
00897988
Member Name
ANAND DAGA
Position
Non-Executive - Independent Director

Audit Committee

Additional Position
Member
Director DIN
00020588
Member Name
NAND GOPAL KHAITAN
Position
Non-Executive - Non Independent Director

Audit Committee

Additional Position
Member
Director DIN
10520552
Member Name
Arun Chawla
Position
Non-Executive - Independent Director

Audit Committee

Audit Committee

Corporate Social Responsibility Committee

Additional Position
Chairperson
Director DIN
01455782
Member Name
ANSHUMAN VIKRAM JALAN
Position
Executive Director

Corporate Social Responsibility Committee

Additional Position
Member
Director DIN
00897988
Member Name
ANAND DAGA
Position
Non-Executive - Independent Director

Corporate Social Responsibility Committee

Additional Position
Member
Director DIN
00076111
Member Name
GAURAV GOEL
Position
Non-Executive - Non Independent Director

Corporate Social Responsibility Committee

Nomination and remuneration committee

Additional Position
Chairperson
Director DIN
00607140
Member Name
HIMALYANI GUPTA
Position
Non-Executive - Independent Director

Nomination and remuneration committee

Additional Position
Member
Director DIN
00020588
Member Name
NAND GOPAL KHAITAN
Position
Non-Executive - Non Independent Director

Nomination and remuneration committee

Additional Position
Member
Director DIN
10520552
Member Name
Arun Chawla
Position
Non-Executive - Independent Director

Nomination and remuneration committee

Risk Management Committee

Additional Position
Chairperson
Director DIN
01455782
Member Name
ANSHUMAN VIKRAM JALAN
Position
Executive Director

Risk Management Committee

Additional Position
Member
Director DIN
00020588
Member Name
NAND GOPAL KHAITAN
Position
Non-Executive - Non Independent Director

Risk Management Committee

Additional Position
Member
Director DIN
00897988
Member Name
ANAND DAGA
Position
Non-Executive - Independent Director

Risk Management Committee

Additional Position
Member
Director DIN
00305109
Member Name
Yaswant Mishra
Position
Executive Director

Risk Management Committee

Stakeholders Relationship Committee

Additional Position
Chairperson
Director DIN
00020588
Member Name
NAND GOPAL KHAITAN
Position
Non-Executive - Non Independent Director

Stakeholders Relationship Committee

Additional Position
Member
Director DIN
00607140
Member Name
HIMALYANI GUPTA
Position
Non-Executive - Independent Director

Stakeholders Relationship Committee

Additional Position
Member
Director DIN
00076111
Member Name
GAURAV GOEL
Position
Non-Executive - Non Independent 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
08-Nov-2025
Number Of Directors Present In Meeting Of Board Of Directors
8
Number Of Independent Directors Attending The Meeting
4
Total Number Of Directors As On Date Of The Meeting
8
Entry MeetingBOD2
Dates Of Meeting If Any In The Relevant Quarter
06-Feb-2026
Maximum Gap Between Any Two Consecutive Meetings
89
Number Of Directors Present In Meeting Of Board Of Directors
7
Number Of Independent Directors Attending The Meeting
4
Total Number Of Directors As On Date Of The Meeting
8
Entry MeetingComit1
Dates Of Meeting Of The Committee In The Previous Quarter
08-Nov-2025
Number Of Director Present In Meeting Of Committee All Directors Including Independent Director
4
Number Of Independent Director Attending Meeting Of Committee
3
Number Of Member Attending Meeting Of Committee
0
Total Number Of Directors As On Date Of The Meeting
4
Entry MeetingComit2
Dates Of Meeting Of The Committee In The Relevant Quarter
06-Feb-2026
Maximum Gap Between Any Two Consecutive Meetings
89
Number Of Director Present In Meeting Of Committee All Directors Including Independent Director
4
Number Of Independent Director Attending Meeting Of Committee
3
Number Of Member Attending Meeting Of Committee
0
Total Number Of Directors As On Date Of The Meeting
4
Entry MeetingComit3
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
0
Total Number Of Directors As On Date Of The Meeting
3
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
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 MeetingComit5
Dates Of Meeting Of The Committee In The Relevant Quarter
29-Jan-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 MeetingComit6
Dates Of Meeting Of The Committee In The Relevant Quarter
27-Mar-2026
Maximum Gap Between Any Two Consecutive Meetings
56
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 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.mangalamcement.com/
Disclosure Web Link Of Company At Which Email Address For Grievance Redressal And Other Relevant Details Is Placed
https://www.mangalamcement.com/
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
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
1
Entry PY_I
No Of Investor Complaints
0
Entry D_AcquisitionShares1
Percentage Of Shares Or Voting Rights Acquired During The Quarter
0
Entry I_AcquisitionShares_PY1
Percentage Of Aggregate Holding Of Shares Or Voting Rights
0.3316
Entry I_AcquisitionShares1
Date Of Acquisition
04-Nov-2024
Name Of The Unlisted Company In Which Shares Or Voting Rights Have Been Acquired
Suryadeep RJ1 Projects Private Limited
Percentage Of Aggregate Holding Of Shares Or Voting Rights
0.3316
Entry MainD
Composition Of Board Of Directors Of Unlisted Material Subsidiary
Not Applicable
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
The appeal is pending with CIT(Appeals).
Date of Initiation
14-Jan-2017
Opposing Party
Income Tax Department
Status (Previous Disclosure)
AO made additions of Rs. 850.66 Lakhs by disallowing certain expenses for A.Y. 2014-15. However, no tax liability arise in A.Y. 2014-15 due to unabsorbed depreciation of Rs. 8,464.28 Lakhs as per AO order dated 29.12.2016 u/s 143(3). However, tax liability of Rs. 289.14 Lakhs may arise in future assessment years in case the appeal is decided against the Company.
Entry I_OngoingTaxLitigationsOrDisputes10
Current Status
Appeal is pending with CESTAT Delhi
Date of Initiation
08-Feb-2020
Opposing Party
Service Tax
Status (Previous Disclosure)
Company has filed an appeal with CESTAT Delhi against the order dated 08.02.2020 passed by Commissioner, GST Deptt. Udaipur for Service Tax Credit availed by the Company amounting to Rs. 291.19 lacs.
Entry I_OngoingTaxLitigationsOrDisputes11
Current Status
Appeal is pending with Ho’ble Commissioner Appeal Jodhpur
Date of Initiation
04-Aug-2024
Opposing Party
Goods and Service Tax
Status (Previous Disclosure)
Company has filed an appeal with Commissioner Appeal Jodhpur against the order dated 16.01.2025 passed by Deputy Commissioner, GST Deptt. Kota for Input Service Tax Credit availed by the Company amounting to Rs. 347.30 lacs.
Entry I_OngoingTaxLitigationsOrDisputes12
Current Status
The appeal is pending with CIT(Appeals).
Date of Initiation
16-Oct-2025
Opposing Party
Income Tax Department
Status (Previous Disclosure)
Company has made an appeal to CIT(A) on 16th October 2025 w.r.t. A.Y. 2020-21 alleging JAO has erred in not granting interest to the extent of Rs. 1,23,11,343 under section 244A of the Income Tax Act by incorrectly computing the interest only for 14 months as against 56 months.
Entry I_OngoingTaxLitigationsOrDisputes13
Current Status
Company had filed writ petition(s) with Hon'ble High Court, Rajasthan and same are pending. Company has deposited Rs. 5.58 Crores (1.59 Crores + Rs. 2.81 Crores + Rs. 1.18 Crores) under protest. On 21.01.2023 Company has received letters from M.E Ramganjmandi regarding withdrawal of Re-Assessment Order dated 16.06.2004 for period 1995-96 to 2001-02. Further, on 15.11.2025 Company has filed writ petition with High Court, Jaipur for withdrawal of S.B Civil writ petition no. 4597/2004 for period from 1995-96 to 2001-02 and for appropriate directions regarding refund of amount deposited under protest. (Deposited amount to be refunded= 1.59 + 2.81 = 4.4 Crores and Additional demand towards interest 1.70 Crores to be withdrawn automatically.) But Writ petition filed in the High Court, Jaipur for the period from 2002-03 to 2013-14 regarding conversion factor matter remains the same.
Date of Initiation
16-Jun-2004
Opposing Party
Department of Mines & Geology, Govt. of Rajasthan
Status (Previous Disclosure)
Company had received demand letter(s) regarding the assessment of the Limestone Royalty re-assessment calculated for the period:- (a) 1995-96 to 2001-02 amounting to Rs. 1.59 Crores. (b) 2002-03 to 2008-09 amounting to Rs. 1.18 Crores (c) 2009-10 to 2012-13 amounting to Rs. 1.22 Crores Further, Company has received demand letter(s) to deposit the interest calculated over above re-assessment:- (a) 1995-96 to 2001-02 amounting to Rs. 2.81 Crores. (b) additional interest amount of Rs. 1.71 Crores basis CAG Report against the Limestone royalty re-assessment for the period 1995-96 to 2001-02.
Entry I_OngoingTaxLitigationsOrDisputes14
Current Status
The company has filed Writ petition with Hon'ble High Court, Rajasthan and as per Directions of Hon’ble High Court, Jaipur Company has under protest deposited Rs. 3.03 Crores i.e. 50% of the total outstanding amount except the amount under the Head of DMFT.
Date of Initiation
03-Mar-2025
Opposing Party
Department of Mines & Geology, Govt. of Rajasthan
Status (Previous Disclosure)
The company has received a demand letter dated 03.03.2025 from Mining Engineer Ramganjmandi regarding royalty assessment of Limestone from 2013-14 to 2023-24 demanding royalty, DMFT and NMET amounting to Rs. 11.27 Crores. Company on 30.07.2025 has further received a revised Demand letter w.r.t. DMFT and the same has been reduced to from Rs. 5.20 Crores to Rs. 89.51 Lacs.
Entry I_OngoingTaxLitigationsOrDisputes15
Current Status
Company has filed substitute arbitration application no. 117/2022 for seeking substitution of sole arbitrator in place of previous sole arbitrator. Company and RRVUNL, both had also filed Civil Misc. Appeal(s) partly challenging order dated 13.09.2022 passed by the Commercial Court, Jaipur. And said matters disposed vide Order dated 14.10.2025 and the Hon'ble High Court is set-aside the Order dated 13.09.2022 passed by the Commercial Court under Section 34 of the Arbitration and Conciliation Act, 1996. The proceedings under Section 34 of the Act of 1996, are restored to their original stage. The learned Commercial Court is directed to decide the same afresh, strictly in accordance with law and keeping in view the observations of the Hon’ble Supreme Court in Gayatri Balasamy. The Commercial Court, Jaipur heard cases CIS-368/2019 (MCL vs RRVUNL) & CIS-369/2019 (RRVUNL vs MCL) and disposed of the matters vide its order dated 06.03.2026.
Date of Initiation
10-Nov-2022
Opposing Party
Rajasthan Rajya Vidyut Utpadan Nigam Ltd.
Status (Previous Disclosure)
Company has received a notice from Rajasthan Rajya Vidyut Utpadan Nigam Ltd. (RRVUNL) demanding Rs. 17.84 Crores plus GST for payment of differential amount towards price of fly ash from 01.01.2015 in terms of the Judgment dated 19.01.2017 passed by Hon'ble Supreme Court, referring arbitral award dated 18.02.2015 as also the order dated 17.05.2015 passed by the Arbitral Tribunal being set aside by the Common Judgment dated 13.09.2022 passed by Learned Commercial Court No. 4, Jaipur Metropolitan II, Jaipur.
Entry I_OngoingTaxLitigationsOrDisputes2
Current Status
The appeal is pending with CIT (Appeals).
Date of Initiation
19-Jan-2018
Opposing Party
Income Tax Department
Status (Previous Disclosure)
AO made additions of Rs. 848.29 Lakhs by disallowing certain expenses for A.Y. 2015-16, However, no tax liability arise in A.Y. 2015-16 due to unabsorbed depreciation of Rs. 8,084.76 Lakhs as per AO order dated 28.12.2017 u/s 143(3). However, tax liability of Rs. 288.33 Lakhs may arise in future assessment years in case the appeal is decided against the Company.
Entry I_OngoingTaxLitigationsOrDisputes3
Current Status
The appeal is pending with CIT(Appeals).
Date of Initiation
16-Jan-2020
Opposing Party
Income Tax Department
Status (Previous Disclosure)
AO made additions of Rs. 1,832.08 Lakhs by disallowing certain expenses for A.Y. 2017-18. However, no tax liability arise in A.Y. 2017-18 due to unabsorbed depreciation of Rs. 22,724.76 Lakhs as per AO order dated 27.12.2019 u/s 143(3). However, tax liability of Rs. 572.68 Lakhs may arise in future assessment years in case the appeal is decided against the Company.
Entry I_OngoingTaxLitigationsOrDisputes4
Current Status
The appeal is pending with Honourable Supreme Court.
Date of Initiation
31-May-2018
Opposing Party
Income Tax Department
Status (Previous Disclosure)
Appeal filed by the Income Tax Department against the order dated 19.09.2017 of Honourable Rajasthan High Court Jaipur Bench in DBIT appeal no 138/2014 for A.Y. 2009-10 for waiver of Sales Tax Deferment Scheme Loan and certain expenditure. Total Value involved Rs. 1,896.24 Lakhs, Tax Liability of Rs. 644.53 Lakhs may arise if appeal is decided in favour of Income Tax Department.
Entry I_OngoingTaxLitigationsOrDisputes5
Current Status
The appeal is pending with Honourable Rajasthan High Court, Jaipur Bench.
Date of Initiation
20-May-2023
Opposing Party
Income Tax Department
Status (Previous Disclosure)
Appeal filed by the Income Tax Department against the order dated 28.11.2022 of ITAT, Jaipur Bench in ITA NO.6/JP/2022 for A.Y. 2018-19 in the matter of Rs. 6,734.34 lakhs towards 80IA TP adjustment. The Company has not claimed 80IA deduction in A.Y. 2018-19 due to carried forward unabsorbed depreciation and Business losses. No Regular tax liability arise due to carried forward unabsorbed depreciation and Business losses. However, tax liability of Rs. 2,330.62 Lakhs may arise in future assessment years in case the appeal is decided against the Company.
Entry I_OngoingTaxLitigationsOrDisputes6
Current Status
The Appeal decided in our favour vide order dated 15.01.25 by ITAT, Jaipur Bench. The Principal Commissioner Income Tax, Udaipur, has preferred an appeal before the Rajasthan High Court (Jaipur Bench) challenging the order of the ITAT dated 15.01.25 passed under Section 254 of the Income Tax Act, 1961.
Date of Initiation
31-May-2024
Opposing Party
Income Tax Department
Status (Previous Disclosure)
Appeal filed by Company on 25.06.2024 against the final assessment order dated 31.05.2024 u/s 143(3) r.w.s.144C (13) & r.w.s.144B issued by Faceless Assessment Unit of Income Tax Department for A.Y. 2020-21 for addition of Rs 4,616.39 Lakhs towards 80IA TP adjustment. The Company has not claimed 80IA deduction in A.Y. 2020-21 due to carried forward unabsorbed depreciation and Business Losses of Rs. 34,086.52 Lakhs. The 80IA issue of TP Adjustment already decided in our favour by ITAT, Jaipur Bench vide order dated 28.11.2022 in AY 2018-19. However, tax liability of Rs. 1,613.15 Lakhs may arise in future assessment years in case the appeal is decided against the Company.
Entry I_OngoingTaxLitigationsOrDisputes7
Current Status
The Appeal decided in Company's favour vide order dated 28.04.25 by ITAT, Jaipur Bench.
Date of Initiation
18-Nov-2024
Opposing Party
Income Tax Department
Status (Previous Disclosure)
Appeal filed by Company on 18.11.2024 against the final assessment order dated 19.09.2024 u/s 143(3) r.w.s.144C (13) & r.w.s.144B issued by Faceless Assessment Unit of Income Tax Department for A.Y. 2021-22 for addition of Rs. 4864.38 Lakhs towards 80IA TP adjustment. The Company have not claimed 80IA deduction in A.Y. 2021-22 due to carried forward unabsorbed depreciation of Rs. 23,066.46 Lakhs. The 80IA issue of TP Adjustment already decided in our favour by ITAT, Jaipur Bench vide order dated 28.11.2022 in A.Y. 2018-19. No Regular tax liability arise in Assessment Year 2021-22 due to carried forward unabsorbed depreciation of Rs. 23,066.46 Lakhs. However, tax liability of Rs. 1,699.81 Lakhs may arise in future assessment years in case the appeal is decided against the Company.
Entry I_OngoingTaxLitigationsOrDisputes8
Current Status
The said Case is pending at Honourable Rajasthan High Court, Jaipur.
Date of Initiation
24-Jul-2017
Opposing Party
Central Excise Department
Status (Previous Disclosure)
Appeal has been filed by GST Dept. with Honourable Rajasthan High Court, Jaipur against the CESTAT Delhi order dated 24.07.2017 decided in the favour of Company for Cenvat Credit & Input Service tax credit availed by the Company amounting to Rs. 1,378.12 Lacs.
Entry I_OngoingTaxLitigationsOrDisputes9
Current Status
Appeal is pending with Hon'ble Rajasthan High Court, Jaipur.
Date of Initiation
28-Sep-2017
Opposing Party
Service Tax
Status (Previous Disclosure)
Appeal has been filed by GST Dept. with Hon'ble Rajasthan High Court, Jaipur against the CESTAT Delhi order dated 28.09.2017 decided in the favour of Company for Service Tax Credit availed by the Company amounting to Rs. 338.45 lacs.
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
No Fine or Penalty imposed on the Company in this Quarter.
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