MSTC Ltd

Integrated Filing — Corporate Governance (NSE XBRL)

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Filing Summary

Company
Mstc Limited
Symbol
MSTCLTD
Quarter Ended
31-Mar-2026
Submission
Revision
Revision Remarks
The Integrated Corporate Governance Report for the Quarter ended 31st March 2026 is being revised due to correction in date of appointment of Mr. Subrata Sarkar in the Risk Management Committee which is 13.06.2025 instead of 16.04.2025.

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
Yes
Board Composition
No
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
28-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
Details Of Non Compliance Of Board Composition
The Company does not comply with Composition of the Board of Directors in respect of the requisite number of Independent Directors. The explanation is provided in the notes below.
Disclosure Of Contact Details Of KMP Who Are Authorized For The Purpose Of Determining Materiality Under Sub Regulation5Of Regulation30
Yes
Disclosure Of Notes On Annual Affirmations Explanatory Text Block
MSTC Limited is a Mini Ratna Category-I PSU under the administrative control of the Ministry of Steel, Government of India. The Appointment of Independent Director in the Board of MSTC Ltd is carried out by Board Level Appointment Cell (BLA) of Department of Public Enterprises, Government of India and neither the Board nor the Company has any role in the Appointment Process. The Appointment can be considered by the company only when the BLA Cell will intimate the company about appointment of the Independent Director. The Company is continuously writing letters and following up with the Administrative Ministry and BLA Cell for appointment of independent directors, however till now we have not received any nomination from ministry/ BLA Cell. As the appointment of Independent Director is beyond the powers of the Company and also a time taking exercise and the delay is not attributable to the Company, we request the Exchange/ SEBI to kindly condone the delay in appointment of Independent Director in the Board of the Company and also the non-compliance of the provisions of SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015 with regard to composition of Board of Directors of the Company
Disclosure Of Notes To Annexure1Explanatory Text Block
MSTC Limited is a Mini Ratna Category-I PSU under the administrative control of the Ministry of Steel, Government of India. The Appointment of Independent Director in the Board of MSTC Ltd is carried out by Board Level Appointment Cell (BLA) of Department of Public Enterprises, Government of India and neither the Board nor the Company has any role in the Appointment Process. The Appointment can be considered by the company only when the BLA Cell will intimate the company about appointment of the Independent Director. The Company is continuously writing letters and following up with the Administrative Ministry and BLA Cell for appointment of independent directors, however till now we have not received requiste nomination from ministry/ BLA Cell. As the appointment of Independent Director is beyond the powers of the Company and also a time taking exercise and the delay is not attributable to the Company, we request the Exchange/ SEBI to kindly condone the delay in appointment of Independent Director in the Board of the Company and also the non-compliance of the provisions of SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015 with regard to composition of Board of Directors of the Company
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.mstcindia.co.in/content/AnnualReturns.aspx
Disclosure Web Link Of Audio Or Video Recordings And Transcripts Of Post Earinings Or Quarterly Calls Is Placed
https://www.mstcindia.co.in/content/InvestorsMeets.aspx
Disclosure Web Link Of Company At Advertisements As Per Regulation471Is Placed
https://www.mstcindia.co.in/content/Publication.aspx
Disclosure Web Link Of Company At Details Of Non Compliance Of New Name And The Old Name Of The Listed Entity Is Placed
https://www.mstcindia.co.in/content/about.aspx
Disclosure Web Link Of Company At Dividend Distribution Policy As Per Regulation43A1Is Placed
https://www.mstcindia.co.in/MSTC_Static_Pages/frontpage/newpolicy/DIVIDENDDISTRIBUTIONPOLICY.pdf
Disclosure Web Link Of Company At Materiality Policy As Per Sub Regulation4Regulation30Is Placed
https://www.mstcindia.co.in/MSTC_Static_Pages/frontpage/newpolicy/Policy%20for%20Determination%20of%20Materiality%20of%20Events.pdf
Disclosure Web Link Of Company At Separate Audited Financial Statements Of Each Subsidiary Of The Listed Entity Is Placed
https://www.mstcindia.co.in/content/Financialperformance.aspx
Disclosure Web Link Of Company At Which Credit Rating Or Revision In Credit Rating Obtained Is Placed
https://www.mstcindia.co.in/content/CreditRating.aspx
Disclosure Web Link Of Company At Which Details Of Business Is Placed
https://www.mstcindia.co.in/content/about.aspx
Disclosure Web Link Of Company At Which Details Of Establishment Of Vigil Mechanism Or Whistle Blower Policy Is Placed
https://www.mstcindia.co.in/MSTC_Static_Pages/frontpage/MSTC%20Whistle%20Blower%20Policy.pdf
Disclosure Web Link Of Company At Which Financial Results Is Placed
https://www.mstcindia.co.in/content/Financialperformance.aspx
Disclosure Web Link Of Company At Which Policy For Determining Material Subsidiaries Is Placed
https://www.mstcindia.co.in/MSTC_Static_Pages/frontpage/newpolicy/POLICYFORDETERMININGMATERIALSUBSIDIARIES.pdf
Disclosure Web Link Of Company At Which Policy On Dealing With Related Party Transactions Is Placed
https://www.mstcindia.co.in/MSTC_Static_Pages/frontpage/newpolicy/RELATEDPARTYTRANSACTIONS.pdf
Disclosure Web Link Of Company At Which Shareholding Pattern Is Placed
https://www.mstcindia.co.in/content/SHP.aspx
Disclosure Web Link Of Compliance With Sub Regulation3Of Regulation46With Respect To Accuracy Of Disclosures On The Website And Timely Updation Is Placed
https://www.mstcindia.co.in/content/LODR46.aspx
Disclosure Web Link Of Confirmation That The Disclosures Are In A Separate Section As Specified In Sub Regulation2Of Regulation46Is Placed
https://www.mstcindia.co.in/content/LODR46.aspx
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.mstcindia.co.in/cms/Investor/Details%20of%20the%20Key%20Managerial%20Personnel%20(KMP).pdf
Disclosure Web Link Of Disclosures Under Sub Regulation8Of Regulation30Is Placed
https://www.mstcindia.co.in/content/CorpAnnouncement.aspx
Disclosure Web Link Of Memorandum Of Association And Articles Of Association Is Placed
https://www.mstcindia.co.in/MSTC_Static_Pages/frontpage/Memorandum%20&%20Articles%20of%20Association.pdf
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.mstcindia.co.in/content/InvestorsMeets.aspx
Disclosure Web Link Of Secretarial Compliance Report Is Placed
https://www.mstcindia.co.in/content/AnnualReturns.aspx
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
INE255X01014
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
Ajay Kumar Rai
Name Of Signatory Affirmations
Ajay Kumar Rai
Name Of Signatory For Annual Affirmations
Ajay Kumar Rai
Name Of Signatory For Quartely Affirmations
Ajay Kumar Rai
Name Of The Company
MSTC LIMITED
New Name And The Old Name Of The Listed Entity
Yes
Other Corporate Governance Requirements With Respect To Subsidiary Of Listed Entity
Not Applicable
Place
Kolkata
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
Not Applicable.
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
comz00563
Scrip Code
542597
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
MSTCLTD
The Listed Entity Has Approved Material Subsidiary Policy And The Corporate Governance Requirements With Respect To Subsidiary Of Listed Entity Have Been Complied
Not Applicable
Type Of Company
Equity
Type Of Submission
Revision
Vacancies In Respect Key Managerial Personnel
Yes
Vigil Mechanism
Yes
Whether As Per Sub Regulation2ba Of Regulation27Of SEBILODR There Has Been Cyber Security Incidents During The Quarter
No
Whether Part A Of Annexure I Of The SEBI Circular Dated31December2024Related To Compliance Report On Corporate Governance Is Applicable To The Entity
Yes
Whether Part F Of Annexure I Of The SEBI Circular Dated31December2024Related To Disclosure Of Loans Or Guarantees Or Comfort Letters Or Securities Etc Is Applicable To The Entity
No

Additional Disclosures

Entry D_MeetingBOD1
Whether Requirement Of Quorum Met
Yes
Entry D_MeetingBOD2
Whether Requirement Of Quorum Met
Yes
Entry D_MeetingBOD3
Whether Requirement Of Quorum Met
Yes
Entry D_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
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
No
Regular Chairperson
Yes

Composition of Board of Directors

SrTitleDirectorPANDINCategory 1Category 2Category 3Date of BirthDisqualifiedStatusSpecial ResolutionInitial AppointmentRe-appointmentTenure (months)Listed DirectorshipsIndependent DirectorshipsAudit / Stakeholder MembershipsAudit / Stakeholder Chair Posts
1MrMANOBENDRA GHOSHAL******09762368Executive DirectorChairpersonCEO-MD07-Mar-1968NoActiveNot Applicable01-Jan-202401-Jan-20241000
2MrsBHANU KUMAR******07982360Executive DirectorNot Applicable05-Oct-1966NoActiveNot Applicable10-Oct-201710-Oct-20171010
3MrSUBRATA SARKAR******08290021Executive DirectorNot Applicable04-Apr-1970NoActiveNot Applicable01-Dec-201801-Dec-20181010
4MrsSudershan Mendiratta******11152018Non-Executive - Nominee DirectorNot Applicable09-Jul-1966NoActiveNot Applicable12-Jun-202512-Jun-20251010
5MrRamesh Kumar Soni******09399355Non-Executive - Independent DirectorNot Applicable24-Jul-1962NoActiveNot Applicable15-Apr-202515-Apr-2025111111
6MrsAlka Chandrakar******11111923Non-Executive - Independent DirectorNot Applicable05-Sep-1978NoActiveNot Applicable29-May-202529-May-2025101111
7MrChandra Shekhar Baghel******11111187Non-Executive - Independent DirectorNot Applicable20-Oct-1975NoActiveNot Applicable29-May-202529-May-2025101110

Committee Disclosures

Entry CompComit122
Date of Appointment
16-Apr-2025
Entry CompComit123
Date of Appointment
13-Jun-2025
Entry CompComit124
Date of Appointment
16-Apr-2025
Entry CompComit125
Date of Appointment
30-May-2025
Entry CompComit126
Date of Appointment
30-May-2025
Entry CompComit14
Date of Appointment
16-Apr-2025
Entry CompComit15
Date of Appointment
30-May-2025
Entry CompComit16
Date of Appointment
13-Jun-2025
Entry CompComit41
Date of Appointment
16-Apr-2025
Entry CompComit42
Date of Appointment
13-Jun-2025
Entry CompComit43
Date of Appointment
30-May-2025
Entry CompComit68
Date of Appointment
30-May-2025
Entry CompComit69
Date of Appointment
16-Apr-2025
Entry CompComit70
Date of Appointment
16-Apr-2025
Entry CompComit95
Date of Appointment
13-Jun-2025
Entry CompComit96
Date of Appointment
13-Jun-2025
Entry CompComit97
Date of Appointment
30-May-2025
Entry CompComit98
Date of Appointment
16-Apr-2025
Entry CompComit99
Date of Appointment
13-Jun-2025
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.mstcindia.co.in/cms/Investor/Composition-of-Committees-of-Board-16.04.2025.pdf
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
09399355
Member Name
Ramesh Kumar Soni
Position
Non-Executive - Independent Director

Audit Committee

Additional Position
Member
Director DIN
11111187
Member Name
Chandra Shekhar Baghel
Position
Non-Executive - Independent Director

Audit Committee

Additional Position
Member
Director DIN
11152018
Member Name
Sudershan Mendiratta
Position
Non-Executive - Nominee Director

Audit Committee

Audit Committee

Audit Committee

Corporate Social Responsibility Committee

Additional Position
Chairperson
Director DIN
09399355
Member Name
Ramesh Kumar Soni
Position
Non-Executive - Independent Director

Corporate Social Responsibility Committee

Additional Position
Member
Director DIN
11152018
Member Name
Sudershan Mendiratta
Position
Non-Executive - Nominee Director

Corporate Social Responsibility Committee

Additional Position
Member
Director DIN
08290021
Member Name
SUBRATA SARKAR
Position
Executive Director

Corporate Social Responsibility Committee

Additional Position
Member
Director DIN
11111923
Member Name
Alka Chandrakar
Position
Non-Executive - Independent Director

Corporate Social Responsibility Committee

Additional Position
Member
Director DIN
11111187
Member Name
Chandra Shekhar Baghel
Position
Non-Executive - Independent Director

Corporate Social Responsibility Committee

Corporate Social Responsibility Committee

Nomination and remuneration committee

Additional Position
Chairperson
Director DIN
09399355
Member Name
Ramesh Kumar Soni
Position
Non-Executive - Independent Director

Nomination and remuneration committee

Additional Position
Member
Director DIN
11152018
Member Name
Sudershan Mendiratta
Position
Non-Executive - Nominee Director

Nomination and remuneration committee

Additional Position
Member
Director DIN
11111923
Member Name
Alka Chandrakar
Position
Non-Executive - Independent Director

Nomination and remuneration committee

Nomination and remuneration committee

Nomination and remuneration committee

Risk Management Committee

Additional Position
Chairperson
Director DIN
09399355
Member Name
Ramesh Kumar Soni
Position
Non-Executive - Independent Director

Risk Management Committee

Additional Position
Member
Director DIN
11152018
Member Name
Sudershan Mendiratta
Position
Non-Executive - Nominee Director

Risk Management Committee

Additional Position
Member
Director DIN
11111187
Member Name
Chandra Shekhar Baghel
Position
Non-Executive - Independent Director

Risk Management Committee

Additional Position
Member
Director DIN
07982360
Member Name
BHANU KUMAR
Position
Executive Director

Risk Management Committee

Additional Position
Member
Director DIN
08290021
Member Name
SUBRATA SARKAR
Position
Executive Director

Risk Management Committee

Stakeholders Relationship Committee

Additional Position
Chairperson
Director DIN
11111923
Member Name
Alka Chandrakar
Position
Non-Executive - Independent Director

Stakeholders Relationship Committee

Additional Position
Member
Director DIN
07982360
Member Name
BHANU KUMAR
Position
Executive Director

Stakeholders Relationship Committee

Additional Position
Member
Director DIN
08290021
Member Name
SUBRATA SARKAR
Position
Executive Director
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
16-Oct-2025
Number Of Directors Present In Meeting Of Board Of Directors
7
Number Of Independent Directors Attending The Meeting
3
Total Number Of Directors As On Date Of The Meeting
7
Entry MeetingBOD2
Dates Of Meeting In The Previous Quarter
12-Nov-2025
Maximum Gap Between Any Two Consecutive Meetings
26
Number Of Directors Present In Meeting Of Board Of Directors
7
Number Of Independent Directors Attending The Meeting
3
Total Number Of Directors As On Date Of The Meeting
7
Entry MeetingBOD3
Dates Of Meeting In The Previous Quarter
30-Dec-2025
Maximum Gap Between Any Two Consecutive Meetings
47
Number Of Directors Present In Meeting Of Board Of Directors
7
Number Of Independent Directors Attending The Meeting
3
Total Number Of Directors As On Date Of The Meeting
7
Entry MeetingBOD4
Dates Of Meeting If Any In The Relevant Quarter
11-Feb-2026
Maximum Gap Between Any Two Consecutive Meetings
42
Number Of Directors Present In Meeting Of Board Of Directors
7
Number Of Independent Directors Attending The Meeting
3
Total Number Of Directors As On Date Of The Meeting
7
Entry MeetingComit1
Dates Of Meeting Of The Committee In The Previous Quarter
16-Oct-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 Previous Quarter
12-Nov-2025
Maximum Gap Between Any Two Consecutive Meetings
26
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
11-Feb-2026
Maximum Gap Between Any Two Consecutive Meetings
90
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 Previous Quarter
12-Nov-2025
Number Of Director Present In Meeting Of Committee All Directors Including Independent Director
5
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
5
Entry MeetingComit5
Dates Of Meeting Of The Committee In The Relevant Quarter
11-Feb-2026
Maximum Gap Between Any Two Consecutive Meetings
90
Number Of Director Present In Meeting Of Committee All Directors Including Independent Director
5
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
5
Entry MeetingComit6
Dates Of Meeting Of The Committee In The Previous Quarter
12-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 MeetingComit7
Dates Of Meeting Of The Committee In The Previous Quarter
30-Dec-2025
Maximum Gap Between Any Two Consecutive Meetings
47
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 MeetingComit8
Dates Of Meeting Of The Committee In The Relevant Quarter
11-Feb-2026
Maximum Gap Between Any Two Consecutive Meetings
42
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 MeetingComit9
Dates Of Meeting Of The Committee In The Previous Quarter
16-Dec-2025
Number Of Director Present In Meeting Of Committee All Directors Including Independent Director
5
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
5
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.mstcindia.co.in/MSTC_Static_Pages/frontpage/InvestorsContact.pdf
Disclosure Web Link Of Company At Which Email Address For Grievance Redressal And Other Relevant Details Is Placed
https://www.mstcindia.co.in/Vigilance/Vigilance_Directory.aspx
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
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
The company has not acquired any shares or voting rights in any unlisted company during the quarter ended 31st March 2026 in terms of sub-para 1 of para A of Part A of Schedule III.
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
There is no material change since last disclosure and matter is pending before DRT.
Date of Initiation
14-Mar-2012
Opposing Party
Standard Chartered Bank
Status (Previous Disclosure)
In the last disclosure made to stock exchanges, wherein MSTC Limited had disclosed update about the dispute pending between MSTC Limited and Standard Chartered Bank ("SCB") with respect to the receivable purchase agreement dated August 29, 2008 ("RPA") entered into by our Company with SCB. The subsequent order of the Recovery Officer to auction the attached properties of MSTC Limited as well as steps taken by MSTC Limited to protect its interest including appeal filed against the underlying interim order before the Debt Recovery Appellate Tribunal (DRAT), Mumbai, and the deposit of Rs. 90 crore before the DRAT. It was further informed that the Appeal filed by MSTC has been allowed by the Hon’ble DRAT, Mumbai vide order dated 07.08.2023 thereby setting aside the DRT’s interim order directing MSTC to pay Rs. 222.51 crores to SCB.
Entry I_OngoingTaxLitigationsOrDisputes2
Current Status
Commisioner of Income Tax (Appeals) has reminded back the case to Assessing Officer vide its Order dated 24.12.2025
Date of Initiation
22-Aug-2023
Opposing Party
Claim by Income Tax Authority (TDS), Bhubaneswar
Status (Previous Disclosure)
Case pending with Commisioner of Income Tax (Appeals)
Entry I_OngoingTaxLitigationsOrDisputes3
Current Status
Case is pending before Calcutta High Court.
Date of Initiation
14-Feb-2025
Opposing Party
Commissioner of Service Tax, Kolkata
Status (Previous Disclosure)
Commissioner of Service Tax, Kolkata has filed an appeal before Calcutta High Court for Service Tax Order passed by CESTAT.
Entry I_OngoingTaxLitigationsOrDisputes4
Current Status
Litigation in the matter has been settled and order passed in favour of the Company.
Date of Initiation
27-Feb-2025
Opposing Party
Claim by Income Tax Authority, Kolkata
Status (Previous Disclosure)
Case pending with Commisioner of Income Tax (Appeals)
Entry I_OngoingTaxLitigationsOrDisputes5
Current Status
Commisioner of Income Tax (Appeals) has reminded back the case to Assessing Officer vide its Order dated 24.12.2025
Date of Initiation
15-Apr-2025
Opposing Party
Claim by Income Tax Authority (TDS), Bhubaneswar
Status (Previous Disclosure)
The Income tax department has raised demand for the Assessment Year 2024-25 and company has filled appeal before Commisioner of Income Tax (Appeals) against the demand.
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
Entry I_ImpositionOfFineOrPenalty1
Authority
Additional Commissioner Grade II Appeal, Lucknow
Date Of Receipt Of Direction Or Order Including Any Ad Interim Or Interim Orders Or Any Other Communication From The Authority
23-Feb-2026
Financial / Operational Impact
Penalty is Rs. 40,000/- (Part of total demand of Rs. 50,830/-). We are going to file an appeal against this order within due date so presently there is no financial implication.
Nature And Details Of The Action Taken Or Order Passed
Additional Commissioner Grade II Appeal, Lucknow has raised demand of Rs. 50830/- including penalty of Rs. 40000/- on ineligible ITC taken by the Company.
Violation Details
Demand raised under Section 73 of UPGST Act 2017 for FY 2021-22 foe alleged ineligible ITC taken.
Entry MainD
Whether Part D Of Annexure I Of The SEBI Circular Dated31December2024Related To Disclosure Of Imposition Of Fine Or Penalty Is Applicable To The Entity
Yes