Maral Overseas Ltd

Integrated Filing — Corporate Governance (NSE XBRL)

Company Home Dashboard NSE Viewer

Filing Summary

Company
Maral Overseas Limited
Symbol
MARALOVER
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
Yes
Date Of End Of Financial Year
31-Mar-2026
Date Of End Of Reporting Period
31-Mar-2026
Date Of Signing
27-Apr-2026
Date Of Start Of Financial Year
01-Apr-2025
Designation Of Person
Company Secretary and Compliance Officer
Designation Of Person Affirmations
Company Secretary and Compliance Officer
Designation Of Person For Annual Affirmations
Company Secretary and Compliance Officer
Designation Of Person For Quartely Affirmations
Company Secretary and Compliance Officer
Details Of Agreements Entered Into With The Media Companies And Or Their Associates
Not Applicable
Details Of Business
Yes
Details Of Establishment Of Vigil Mechanism Or Whistle Blower Policy
Yes
Disclosure Of Contact Details Of KMP Who Are Authorized For The Purpose Of Determining Materiality Under Sub Regulation5Of Regulation30
Yes
Disclosure Of Notes To Annexure1Explanatory Text Block
Therewas no comments/observation/advice on the said report by the Board of Directors.
Disclosure Of Related Party Transactions On Consolidated Basis
Yes
Disclosure Web Link Of Annual Return As Provided Under Section92Of The Companies Act2013Is Placed
https://maraloverseas.com/investorlist.php
Disclosure Web Link Of Company At Advertisements As Per Regulation471Is Placed
https://maraloverseas.com/investorlist.php
Disclosure Web Link Of Company At Materiality Policy As Per Sub Regulation4Regulation30Is Placed
https://maraloverseas.com/investorlist.php
Disclosure Web Link Of Company At Which Credit Rating Or Revision In Credit Rating Obtained Is Placed
https://maraloverseas.com/investorlist.php
Disclosure Web Link Of Company At Which Details Of Business Is Placed
https://maraloverseas.com/investorlist.php
Disclosure Web Link Of Company At Which Details Of Establishment Of Vigil Mechanism Or Whistle Blower Policy Is Placed
https://maraloverseas.com/investorlist.php
Disclosure Web Link Of Company At Which Financial Results Is Placed
https://maraloverseas.com/investorlist.php
Disclosure Web Link Of Company At Which Policy For Determining Material Subsidiaries Is Placed
https://maraloverseas.com/investorlist.php
Disclosure Web Link Of Company At Which Policy On Dealing With Related Party Transactions Is Placed
https://maraloverseas.com/investorlist.php
Disclosure Web Link Of Company At Which Shareholding Pattern Is Placed
https://maraloverseas.com/investorlist.php
Disclosure Web Link Of Compliance With Sub Regulation3Of Regulation46With Respect To Accuracy Of Disclosures On The Website And Timely Updation Is Placed
https://maraloverseas.com/investorlist.php
Disclosure Web Link Of Confirmation That The Disclosures Are In A Separate Section As Specified In Sub Regulation2Of Regulation46Is Placed
https://maraloverseas.com/investorlist.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://maraloverseas.com/investorlist.php
Disclosure Web Link Of Disclosures Under Sub Regulation8Of Regulation30Is Placed
https://maraloverseas.com/investorlist.php
Disclosure Web Link Of Memorandum Of Association And Articles Of Association Is Placed
https://maraloverseas.com/investorlist.php
Disclosure Web Link Of Secretarial Compliance Report Is Placed
https://maraloverseas.com/investorlist.php
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
Not Applicable
Fees Or Compensation
Yes
Financial Results
Yes
Is SCORESID Available
Yes
ISIN
INE882A01013
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
Sandeep Singh
Name Of Signatory Affirmations
Sandeep Singh
Name Of Signatory For Annual Affirmations
Sandeep Singh
Name Of Signatory For Quartely Affirmations
Sandeep Singh
Name Of The Company
MARAL OVERSEAS 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
Noida
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
No such 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) were given directly or indirectly by the company to its 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 during the period 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
Not Applicable
SCORES Registration ID
m00105
Scrip Code
521018
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
MARALOVER
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
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
Entry D_MeetingComit6
Whether Requirement Of Quorum Met
Yes
Official NSE disclosure viewer

If the viewer does not load, use the NSE Viewer button above to open it in a new tab.

Board Composition — Entity Disclosures

The Composition Of Board Of Directors Is In Terms Of Sebi Regulations2015
Yes
Chairperson Related to MD / CEO
Yes
Regular Chairperson
Yes

Composition of Board of Directors

SrTitleDirectorPANDINCategory 1Category 2Category 3Date of BirthDisqualifiedStatusSpecial ResolutionInitial AppointmentRe-appointmentTenure (months)Listed DirectorshipsIndependent DirectorshipsAudit / Stakeholder MembershipsAudit / Stakeholder Chair Posts
1MrShekhar Agarwal******00066113Executive DirectorChairpersonCEO-MD09-Oct-1952NoActiveNot Applicable27-Jan-198901-Apr-20255040
2MrRavi Jhunjhunwala******00060972Non-Executive - Non Independent DirectorNot Applicable28-Oct-1955NoActiveNot Applicable27-Nov-19964021
3MrShantanu Agarwal******02314304Executive DirectorNot ApplicableMD16-Jan-1986NoActiveNot Applicable22-Apr-201419-Jun-20252030
4MrRaman Singh Sidhu******00121906Non-Executive - Independent DirectorNot Applicable06-Jul-1957NoActiveNot Applicable01-Aug-2024202253
5MrsRomi Jatta******10045383Non-Executive - Independent DirectorNot Applicable25-Jul-1975NoActiveNot Applicable01-Aug-2024202211
6MrAmitabh Gupta******01646370Non-Executive - Independent DirectorNot Applicable12-Feb-1962NoActiveNot Applicable01-Aug-2024201121
7MrSuman Jyoti Khaitan******00023370Non-Executive - Independent DirectorNot Applicable09-Feb-1959NoActiveNot Applicable04-Nov-202527-Apr-20265583

Committee Disclosures

Entry CompComit122
Date of Appointment
06-Nov-2025
Entry CompComit123
Date of Appointment
22-Apr-2014
Entry CompComit124
Date of Appointment
22-Apr-2014
Entry CompComit14
Date of Appointment
06-Nov-2025
Entry CompComit15
Date of Appointment
26-Sep-2024
Entry CompComit16
Date of Appointment
19-Jan-2018
Entry CompComit17
Date of Appointment
06-Nov-2025
Entry CompComit41
Date of Appointment
06-Nov-2025
Entry CompComit42
Date of Appointment
26-Sep-2024
Entry CompComit43
Date of Appointment
26-Sep-2024
Entry CompComit44
Date of Appointment
26-Sep-2024
Entry CompComit68
Date of Appointment
06-Nov-2025
Entry CompComit69
Date of Appointment
05-May-2001
Entry CompComit70
Date of Appointment
19-Jan-2018
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://maraloverseas.com/investorlist.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
No
Whether The Stakeholders Relationship Committee Has A Regular Chairperson
Yes

Audit Committee

Additional Position
Chairperson
Director DIN
00121906
Member Name
Raman Singh Sidhu
Position
Non-Executive - Independent Director

Audit Committee

Additional Position
Member
Director DIN
01646370
Member Name
Amitabh Gupta
Position
Non-Executive - Independent Director

Audit Committee

Additional Position
Member
Director DIN
02314304
Member Name
Shantanu Agarwal
Position
Executive Director

Audit Committee

Additional Position
Member
Director DIN
00023370
Member Name
Suman Jyoti Khaitan
Position
Non-Executive - Independent Director

Audit Committee

Audit Committee

Corporate Social Responsibility Committee

Additional Position
Chairperson
Director DIN
01646370
Member Name
Amitabh Gupta
Position
Non-Executive - Independent Director

Corporate Social Responsibility Committee

Additional Position
Member
Director DIN
00066113
Member Name
Shekhar Agarwal
Position
Executive Director

Corporate Social Responsibility Committee

Additional Position
Member
Director DIN
02314304
Member Name
Shantanu Agarwal
Position
Executive Director

Corporate Social Responsibility Committee

Nomination and remuneration committee

Additional Position
Chairperson
Director DIN
00121906
Member Name
Raman Singh Sidhu
Position
Non-Executive - Independent Director

Nomination and remuneration committee

Additional Position
Member
Director DIN
01646370
Member Name
Amitabh Gupta
Position
Non-Executive - Independent Director

Nomination and remuneration committee

Additional Position
Member
Director DIN
10045383
Member Name
Romi Jatta
Position
Non-Executive - Independent Director

Nomination and remuneration committee

Additional Position
Member
Director DIN
00066113
Member Name
Shekhar Agarwal
Position
Executive Director

Nomination and remuneration committee

Stakeholders Relationship Committee

Additional Position
Chairperson
Director DIN
01646370
Member Name
Amitabh Gupta
Position
Non-Executive - Independent Director

Stakeholders Relationship Committee

Additional Position
Member
Director DIN
00066113
Member Name
Shekhar Agarwal
Position
Executive Director

Stakeholders Relationship Committee

Additional Position
Member
Director DIN
02314304
Member Name
Shantanu Agarwal
Position
Executive Director

Stakeholders Relationship Committee

Stakeholders Relationship Committee

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
04-Nov-2025
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
8
Entry MeetingBOD2
Dates Of Meeting In The Previous Quarter
18-Dec-2025
Maximum Gap Between Any Two Consecutive Meetings
43
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
7
Entry MeetingBOD3
Dates Of Meeting If Any In The Relevant Quarter
05-Feb-2026
Maximum Gap Between Any Two Consecutive Meetings
48
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
7
Entry MeetingBOD4
Dates Of Meeting If Any In The Relevant Quarter
19-Mar-2026
Maximum Gap Between Any Two Consecutive Meetings
41
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
7
Entry MeetingComit1
Dates Of Meeting Of The Committee In The Previous Quarter
04-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
05-Feb-2026
Maximum Gap Between Any Two Consecutive Meetings
92
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 Previous Quarter
04-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
3
Entry MeetingComit4
Dates Of Meeting Of The Committee In The Relevant Quarter
05-Feb-2026
Maximum Gap Between Any Two Consecutive Meetings
92
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
04-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
4
Entry MeetingComit6
Dates Of Meeting Of The Committee In The Previous Quarter
04-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
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://maraloverseas.com/investorlist.php
Disclosure Web Link Of Company At Which Email Address For Grievance Redressal And Other Relevant Details Is Placed
https://maraloverseas.com/investorlist.php
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
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
No such acquisition made 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
Status quo
Date of Initiation
21-Nov-2007
Opposing Party
State of Madhya Pradesh (Department of Energy) & Others
Status (Previous Disclosure)
Matter related to cess on captive power generation amounting to Rs. 4.08 Crores claimed by the Company, matter is pending before the Hon'ble Supreme Court.
Entry I_OngoingTaxLitigationsOrDisputes10
Current Status
On 20.03.2026, the appeal filed by the Income Tax Department was dismissed by the Hon'ble Income Tax Appellate Tribunal (ITAT), Indore Bench without any tax liabilities.
Date of Initiation
27-Dec-2006
Opposing Party
Income Tax Department
Status (Previous Disclosure)
Matter related to disallowance under Section10(B) and others w.r.t. assessment year 2004-05 involving sum of Rs. 3.30 Crores on which tax was demanded from the Company. The Hon'ble ITAT, Indore, has dismissed the appeal of the Income Tax Department on jurisdictional grounds, granting liberty to the Income Tax Department to prefer an appeal in the appropriate jurisdiction. Income Tax Department, Indore filed an appeal before ITAT, Indore on 2nd July, 2025.
Entry I_OngoingTaxLitigationsOrDisputes11
Current Status
On 27.02.2026, the appeal filed by the Income Tax Department was dismissed by the Hon'ble Income Tax Appellate Tribunal (ITAT), Indore Bench without any tax liabilities.
Date of Initiation
24-Dec-2008
Opposing Party
Income Tax Department
Status (Previous Disclosure)
Matter related to disallowance under Section10B and others w.r.t. assessment year 2006-07 involving sum of Rs. 2.74 Crores on which tax was demanded from the Company. The Hon'ble ITAT, Indore, has dismissed the appeal of the Income Tax Department on jurisdictional grounds, granting liberty to the Income Tax Department to prefer an appeal in the appropriate jurisdiction. Income Tax Department, Indore filed an appeal before ITAT, Indore on 2nd July, 2025.
Entry I_OngoingTaxLitigationsOrDisputes12
Current Status
Status quo
Date of Initiation
17-Jun-2014
Opposing Party
Income Tax Department
Status (Previous Disclosure)
Matter related to disallowance under Section10B and others w.r.t. assessment year 2001-02 involving sum of Rs. 3.16 Crores on which the tax was demanded from the Company. Since the tax effect in this appeal was below Rs.2.00 Crores, therefore, in view of the amended Circular No. 09/2024 dated 17/09/2024 issued by the CBDT, the appeal was not maintainable. Accordingly, Hon'ble High Court has dismissed the appeal. However, the question of law raised in the appeal shall remain open and appellant would be at liberty to file application in case cause of action survives as per law. Further updates are awaited regarding the department's next steps.
Entry I_OngoingTaxLitigationsOrDisputes2
Current Status
Status quo
Date of Initiation
15-Sep-2014
Opposing Party
State of Madhya Pradesh (Department of Energy) & Others
Status (Previous Disclosure)
Matter related to duty on captive power generation amounting to Rs. 3.48 Crores claimed by the Company, matter is pending before the Hon'ble High Court, Madhya Pradesh
Entry I_OngoingTaxLitigationsOrDisputes3
Current Status
Status quo
Date of Initiation
01-Apr-2021
Opposing Party
State of Madhya Pradesh (Department of Energy) & Others
Status (Previous Disclosure)
Matter related to duty on open access power amounting to Rs.3.88 Crores claimed by the Company, matter is pending before the Hon'ble High Court, Madhya Pradesh.
Entry I_OngoingTaxLitigationsOrDisputes4
Current Status
Status quo
Date of Initiation
30-Jan-2015
Opposing Party
State of Madhya Pradesh & Madhya Pradesh Paschim Khestra Vidyut Vitaran Co Ltd
Status (Previous Disclosure)
Matter related to cess on open access power amounting to Rs. 1.70 Crores claimed by the Company, matter is pending before the Hon'ble High Court, Madhya Pradesh
Entry I_OngoingTaxLitigationsOrDisputes5
Current Status
Status quo
Date of Initiation
31-Oct-2023
Opposing Party
Madhya Pradesh Paschim Khestra Vidyut Vitaran Co. Ltd
Status (Previous Disclosure)
Matter related to additional security deposit amounting to Rs.3.20 Crores demanded by Madhya Pradesh Paschim Khestra Vidyut Vitaran Co. Ltd. Fresh Writ Appeal vide petition no. 7729 of 2025 was filed on 28th February, 2025 by raising various additional grounds. Matter is pending before the Hon'ble High Court, Madhya Pradesh.
Entry I_OngoingTaxLitigationsOrDisputes6
Current Status
Status quo
Date of Initiation
05-Jan-2019
Opposing Party
Income Tax Department
Status (Previous Disclosure)
Matter related to TUFF subsidy and others w.r.t. Assessment year 2011-12 amounting to Rs.6.49 Crores claimed by the Company, and appeal was filed before Commissioner of Income Tax (Appeals). Commissioner of Income Tax (Appeals), Delhi has passed an assessment order dated 3rd October 2025, whereby the appeal filed by the Company stands dismissed. The matter pertains to the return of income filed under Section 153A of the Income-tax Act, 1961, wherein TUFF subsidy amount earlier recognized as revenue receipt was claimed as capital receipt in the return filed under Section 153(A). The Assessing Officer had dismissed our appeal and retained the TUFF subsidy income as revenue receipt, which was contested by the Company before the appellate authority. Further, as the income under dispute had already been offered to tax in earlier years and no additional tax liability arises on account of the order, hence, there is no cash outflow on the Company due to dismissal of the appeal. At present, an appeal has been filed before ITAT, Delhi against the disallowance of purchase of cotton amounting to Rs. 32,95,491/- considered by department as bogus purchase. Date of hearing for the matter is awaited.
Entry I_OngoingTaxLitigationsOrDisputes7
Current Status
Status quo
Date of Initiation
05-Jan-2019
Opposing Party
Income Tax Department
Status (Previous Disclosure)
Matter related to TUFF subsidy and others w.r.t. assessment year 2013-14 amounting to Rs. 4.74 Crores claimed by the Company, matter pending before Commissioner of Income Tax (Appeals).
Entry I_OngoingTaxLitigationsOrDisputes8
Current Status
Status quo
Date of Initiation
29-Dec-2007
Opposing Party
Income Tax Department
Status (Previous Disclosure)
Matter related to disallowance under Section10(B) and others w.r.t. assessment year 2005-06 amounting to Rs. 5.60 Crores claimed by the Company, matter pending before Commissioner of Income Tax (Appeals).
Entry I_OngoingTaxLitigationsOrDisputes9
Current Status
Status quo
Date of Initiation
16-Mar-2022
Opposing Party
Customs Department
Status (Previous Disclosure)
Matter related to non/part realization of Exports Proceeds for Draw Back between 01.04.2014 to 31.03.2018 amounting to Rs. 3.86 Crores demanded from the Company, matter pending before Commissioner of Customs, Mumbai.
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 has been imposed 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