Gujarat Fluorochemicals Ltd

Integrated Filing — Corporate Governance (NSE XBRL)

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Filing Summary

Company
Gujarat Fluorochemicals Limited
Symbol
FLUOROCHEM
Quarter Ended
31-Mar-2026
Submission
New

General Disclosures

Additional Disclosure Date
30-Apr-2026
Additional Disclosure Designation
CFO
Additional Disclosure Name Of Signatory
Manoj Agrawal
Additional Disclosure Place
Vadodara
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
395232372.29
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
-6720222.56
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
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
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
3723209608.53
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
1259228531.86
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
30-Apr-2026
Date Of Start Of Financial Year
01-Apr-2025
Designation Of Person
Company Secretary and Compliance Officer
Designation Of Person Affirmations
Company Secretary and Compliance Officer
Designation Of Person For Annual Affirmations
Company Secretary and Compliance Officer
Designation Of Person For Quartely Affirmations
Company Secretary and Compliance Officer
Details Of Agreements Entered Into With The Media Companies And Or Their Associates
Not Applicable
Details Of Business
Yes
Details Of Establishment Of Vigil Mechanism Or Whistle Blower Policy
Yes
Disclosure Of Contact Details Of KMP Who Are Authorized For The Purpose Of Determining Materiality Under Sub Regulation5Of Regulation30
Yes
Disclosure Of Related Party Transactions On Consolidated Basis
Yes
Disclosure Web Link Of Annual Return As Provided Under Section92Of The Companies Act2013Is Placed
https://gfl.co.in/assets/pdf/GFCL%20-%20Form_MGT_7%20-%202024-25_website.pdf
Disclosure Web Link Of Audio Or Video Recordings And Transcripts Of Post Earinings Or Quarterly Calls Is Placed
https://gfl.co.in/Transcript_Call.php
Disclosure Web Link Of Company At Advertisements As Per Regulation471Is Placed
https://gfl.co.in/Newspaper_Notice_for_General_Meeting.php
Disclosure Web Link Of Company At Dividend Distribution Policy As Per Regulation43A1Is Placed
https://gfl.co.in/upload/pages/cb3188297d3bc8c19fffd7aad5832d0f.pdf
Disclosure Web Link Of Company At Materiality Policy As Per Sub Regulation4Regulation30Is Placed
https://gfl.co.in/upload/pages/1d71ea7a80cc285c0b338d1884b9c269.pdf
Disclosure Web Link Of Company At Separate Audited Financial Statements Of Each Subsidiary Of The Listed Entity Is Placed
https://gfl.co.in/annual-audited-accounts.php
Disclosure Web Link Of Company At Which Credit Rating Or Revision In Credit Rating Obtained Is Placed
https://gfl.co.in/upload/pages/ff9e384fe5adc93a88c7944aa53d6280.pdf
Disclosure Web Link Of Company At Which Details Of Business Is Placed
https://gfl.co.in/Businesses_Products.php
Disclosure Web Link Of Company At Which Details Of Establishment Of Vigil Mechanism Or Whistle Blower Policy Is Placed
https://gfl.co.in/upload/pages/586e7645e3df22f3cd8c55abc0ad6dce.pdf
Disclosure Web Link Of Company At Which Financial Results Is Placed
https://gfl.co.in/upload/pages/a9e619571ef921b798b1deac2a30aa17.pdf
Disclosure Web Link Of Company At Which Policy For Determining Material Subsidiaries Is Placed
https://gfl.co.in/upload/pages/a308e22919469f0ba19a3bb1feb98586.pdf
Disclosure Web Link Of Company At Which Policy On Dealing With Related Party Transactions Is Placed
https://gfl.co.in/upload/pages/89f4cef080cdfce4d785cd89ff9f5c9a.pdf
Disclosure Web Link Of Company At Which Shareholding Pattern Is Placed
https://gfl.co.in/upload/pages/63ffb374c7c820cadc6c7ea87f102734.pdf
Disclosure Web Link Of Compliance With Sub Regulation3Of Regulation46With Respect To Accuracy Of Disclosures On The Website And Timely Updation Is Placed
https://gfl.co.in/Investor_Relations.php
Disclosure Web Link Of Confirmation That The Disclosures Are In A Separate Section As Specified In Sub Regulation2Of Regulation46Is Placed
https://gfl.co.in/Investor_Relations.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://gfl.co.in/Investor_Grievances.php
Disclosure Web Link Of Disclosures Under Sub Regulation8Of Regulation30Is Placed
https://gfl.co.in/Material_Events_Information.php
Disclosure Web Link Of Memorandum Of Association And Articles Of Association Is Placed
https://gfl.co.in/Memorandum_and_Articles_of_Association
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://gfl.co.in/Material_Events_Information.php https://gfl.co.in/Presentation.php
Disclosure Web Link Of Secretarial Compliance Report Is Placed
https://gfl.co.in/assets/pdf/GFCL_Annual_Secretarial_Compliance_Report_2024-25.pdf
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
INE09N301011
Market Capitalisation As Per Immediate Previous Financial Year
Top 500 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
Bhavin Desai
Name Of Signatory Affirmations
Bhavin Desai
Name Of Signatory For Annual Affirmations
Bhavin Desai
Name Of Signatory For Quartely Affirmations
Bhavin Desai
Name Of The Company
Gujarat Fluorochemicals Limited
New Name And The Old Name Of The Listed Entity
Not Applicable
Other Corporate Governance Requirements With Respect To Subsidiary Of Listed Entity
Yes
Place
Vadodara
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
Recommendation Of Board
Yes
Remarks For Exchange Not For Website Dissemination
******
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
G00227
Scrip Code
542812
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
FLUOROCHEM
The Listed Entity Has Approved Material Subsidiary Policy And The Corporate Governance Requirements With Respect To Subsidiary Of Listed Entity Have Been Complied
Yes
Type Of Any Guarantee Or Comfort Letter Of KM Ps Or Any Other Entity Controlled By Them
Not Applicable
Type Of Any Guarantee Or Comfort Letter Of Promoter Group Or Any Other Entity Controlled By Them
CG, LC, Bank Limit earned marked
Type Of Any Guarantee Or Comfort Letter Of Promoter Or Any Other Entity Controlled By Them
Not Applicable
Type Of Company
Equity
Type Of Security Of KM Ps Or Any Other Entity Controlled By Them
Not Applicable
Type Of Security Of Promoter Group Or Any Other Entity Controlled By Them
Fixed Deposit back facility, Mutual Fund Lien Marked
Type Of Security Of Promoter Or Any Other Entity Controlled By Them
Not Applicable
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
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
Yes
Regular Chairperson
Yes

Composition of Board of Directors

SrTitleDirectorPANDINCategory 1Category 2Category 3Date of BirthDisqualifiedStatusSpecial ResolutionSpecial Resolution DateInitial AppointmentRe-appointmentTenure (months)Listed DirectorshipsIndependent DirectorshipsAudit / Stakeholder MembershipsAudit / Stakeholder Chair Posts
1MrVivek Kumar Jain******00029968Executive DirectorChairperson related to PromoterMD30-Aug-1955NoActiveNot Applicable06-Dec-20181050
2MrBir Kapoor******01771510Executive DirectorNot ApplicableMD04-Dec-1964NoActiveNot Applicable03-Nov-20231000
3MrShailendra Swarup******00167799Non-Executive - Independent DirectorNot Applicable20-Nov-1944NoActiveYes29-Sep-202306-Dec-201806-Dec-202387.253352
4MrShanti Prashad Jain******00023379Non-Executive - Independent DirectorNot Applicable01-Feb-1940NoActiveYes29-Sep-202306-Dec-201806-Dec-202387.251121
5MrOm Prakash Jain******00206807Non-Executive - Independent DirectorNot Applicable26-May-1949NoActiveYes29-Sep-202306-Dec-201806-Dec-202387.252110
6MrChandra Prakash Jain******00011964Non-Executive - Independent DirectorNot Applicable03-Mar-1946NoActiveYes29-Sep-202306-Dec-201806-Dec-202387.251100
7MsVanita Bhargava******07156852Non-Executive - Independent DirectorNot Applicable01-Mar-1974NoActiveYes29-Sep-202306-Dec-201806-Dec-202387.252241
8MrNiraj Kishore Agnihotri******09204198Executive DirectorNot Applicable02-Jul-1967NoActiveNot Applicable11-Nov-20251000
9MrShesh Narayan Pandey******02000823Executive DirectorNot Applicable03-Jul-1968NoActiveNot Applicable11-Nov-20251000

Committee Disclosures

Entry CompComit122
Date of Appointment
13-Aug-2019
Entry CompComit123
Date of Appointment
13-Aug-2019
Entry CompComit124
Date of Appointment
10-Nov-2021
Entry CompComit14
Date of Appointment
13-Aug-2019
Entry CompComit15
Date of Appointment
13-Aug-2019
Entry CompComit16
Date of Appointment
13-Aug-2019
Entry CompComit17
Date of Appointment
12-Nov-2020
Entry CompComit41
Date of Appointment
13-Aug-2019
Entry CompComit42
Date of Appointment
13-Aug-2019
Entry CompComit43
Date of Appointment
10-Nov-2021
Entry CompComit68
Date of Appointment
10-Nov-2021
Entry CompComit69
Date of Appointment
13-Aug-2019
Entry CompComit70
Date of Appointment
13-Aug-2019
Entry CompComit95
Date of Appointment
13-Aug-2019
Entry CompComit96
Date of Appointment
13-Aug-2019
Entry CompComit97
Date of Appointment
10-Nov-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://gfl.co.in/upload/pages/a7ad0ddf9d5f6b667fdd60d64406d9c7.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
00023379
Member Name
Shanti Prashad Jain
Position
Non-Executive - Independent Director

Audit Committee

Additional Position
Member
Director DIN
00167799
Member Name
Shailendra Swarup
Position
Non-Executive - Independent Director

Audit Committee

Additional Position
Member
Director DIN
07156852
Member Name
Vanita Bhargava
Position
Non-Executive - Independent Director

Audit Committee

Additional Position
Member
Director DIN
00029968
Member Name
Vivek Kumar Jain
Position
Executive Director

Audit Committee

Audit Committee

Corporate Social Responsibility Committee

Additional Position
Chairperson
Director DIN
00023379
Member Name
Shanti Prashad Jain
Position
Non-Executive - Independent Director

Corporate Social Responsibility Committee

Additional Position
Member
Director DIN
00029968
Member Name
Vivek Kumar Jain
Position
Executive Director

Corporate Social Responsibility Committee

Additional Position
Member
Director DIN
00167799
Member Name
Shailendra Swarup
Position
Non-Executive - Independent Director

Corporate Social Responsibility Committee

Nomination and remuneration committee

Additional Position
Chairperson
Director DIN
00023379
Member Name
Shanti Prashad Jain
Position
Non-Executive - Independent Director

Nomination and remuneration committee

Additional Position
Member
Director DIN
00206807
Member Name
Om Prakash Lohia
Position
Non-Executive - Independent Director

Nomination and remuneration committee

Additional Position
Member
Director DIN
00167799
Member Name
Shailendra Swarup
Position
Non-Executive - Independent Director

Nomination and remuneration committee

Nomination and remuneration committee

Risk Management Committee

Additional Position
Chairperson
Director DIN
00029968
Member Name
Vivek Kumar Jain
Position
Executive Director

Risk Management Committee

Additional Position
Member
Director DIN
00023379
Member Name
Shanti Prashad Jain
Position
Non-Executive - Independent Director

Risk Management Committee

Additional Position
Member
Director DIN
00167799
Member Name
Shailendra Swarup
Position
Non-Executive - Independent Director

Stakeholders Relationship Committee

Additional Position
Chairperson
Director DIN
00167799
Member Name
Shailendra Swarup
Position
Non-Executive - Independent Director

Stakeholders Relationship Committee

Additional Position
Member
Director DIN
00023379
Member Name
Shanti Prashad Jain
Position
Non-Executive - Independent Director

Stakeholders Relationship Committee

Additional Position
Member
Director DIN
00029968
Member Name
Vivek Kumar Jain
Position
Executive 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
11-Nov-2025
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 MeetingBOD2
Dates Of Meeting If Any In The Relevant Quarter
12-Feb-2026
Maximum Gap Between Any Two Consecutive Meetings
92
Number Of Directors Present In Meeting Of Board Of Directors
9
Number Of Independent Directors Attending The Meeting
5
Total Number Of Directors As On Date Of The Meeting
9
Entry MeetingComit1
Dates Of Meeting Of The Committee In The Previous Quarter
11-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
12-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
11-Nov-2025
Number Of Director Present In Meeting Of Committee All Directors Including Independent Director
3
Number Of Independent Director Attending Meeting Of Committee
3
Number Of Member Attending Meeting Of Committee
0
Total Number Of Directors As On Date Of The Meeting
3
Entry MeetingComit4
Dates Of Meeting Of The Committee In The Relevant Quarter
12-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
3
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
12-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 MeetingComit6
Dates Of Meeting Of The Committee In The Relevant Quarter
12-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 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://gfl.co.in/Investor_Grievances.php
Disclosure Web Link Of Company At Which Email Address For Grievance Redressal And Other Relevant Details Is Placed
https://gfl.co.in/Investor_Grievances.php
Email Address For Grievance Redressal And Other Relevant Details
Yes
No Of Investor Complaints Disposed Off During The Period
2
No Of Investor Complaints During The Period
0
No Of Investor Complaints Received During The Period
2
Whether Part B Of Annexure I Of The SEBI Circular Dated31December2024Related To Investor Grievance Redressal Report Is Applicable To The Entity
Yes
Entry MainI
No Of Investor Complaints
0
Entry PY_I
No Of Investor Complaints
0
Composition Of Board Of Directors Of Unlisted Material Subsidiary
Yes
Reason For Part C Of Annexure I Of The SEBI Circular Dated31December2024Related To Disclosure Of Acquisition Of Shares Or Voting Rights In Unlisted Companies Is Not Applicable To The Entity
No Acquisition of Shares or Voting Rights in Unlisted Companies is applicable to the entity in the Year and Quarter ended 31March2026.
Whether Part C Of Annexure I Of The SEBI Circular Dated31December2024Related To Disclosure Of Acquisition Of Shares Or Voting Rights In Unlisted Companies Is Applicable To The Entity
No
Entry I_OngoingTaxLitigationsOrDisputes1
Current Status
The Company has filed appeal before the CESTAT on 14-01-2025 against the Order of Commissioner of Customs (Adjudication), Mumbai.
Date of Initiation
14-Oct-2024
Opposing Party
Commissioner of Customs (Adjudication), Mumbai
Status (Previous Disclosure)
An appealable order is passed by the office of the Commissioner of Customs, Mumbai demanding duty of Rs. 30,46,87,136/- with applicable interest and penalty equivalent to the duty amount and fine of Rs.19,50,00,000/- under the Customs Act, 196. As per the judgement of the honorable Supreme Court dated 28th April, 2023 on the said issue, the assessee is entitled to take Input Tax Credit for duty paid. Further, on basis of our assessment, we believe that the consequential demand for penalty and fine is not sustainable. The Company is in the process of preferring an appeal against the said demand before the appellate authority.
Entry I_OngoingTaxLitigationsOrDisputes2
Current Status
The Company has filed appeal before the Additional /Joint Commissioner (Appeals) of CGST and Central Excise, Vadodara on 13-06-2025.
Date of Initiation
19-May-2025
Opposing Party
The Assistant Commissioner, Central GST
Status (Previous Disclosure)
The Company had paid GST on Royalty @ 12 % at the time of filing GST3B relying on Sr.no 1 of the Notification No. 10/2017-1GST (Rate) dated 28" June 2017 till August 2022 under a bona fide impression that GST Rate applicable to the said transaction is 12%. During the annual internal review, it was observed there was a new notification No. 06/2021 - Central Tax (Rate) Dated 30-09-2021, which levied tax @ 18% on such transaction with immediate effect. Accordingly, a differential provision of 6% on Royalty was created in the books on 1st September 2022 and was paid along with applicable Interest on 15th October 2022. Despite the Suo-moto compliance, the Department passed the Order dated 13.05.2025 and has imposed a penalty for short payment of GST.
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
Assistant Commissioner of Customs, Mumbai
Date Of Receipt Of Direction Or Order Including Any Ad Interim Or Interim Orders Or Any Other Communication From The Authority
26-Feb-2026
Financial / Operational Impact
There is no other financial implication on the Company except penalty imposed.
Nature And Details Of The Action Taken Or Order Passed
Penalty equal to duty and interest of Rs. 5,582 imposed under Section 114A of the Cusotms Act, 1962 for incorrect declaration in Bill/s of Entry, arising from a classification of imported goods.
Violation Details
Incorrect declaration in Bill/s of Entry for wrong Customs Terrif heading for the goods contravened the provisions of Section 46 of the Customs Act, 1962.
Entry I_ImpositionOfFineOrPenalty2
Authority
Assistant Commissioner of Customs, Mumbai
Date Of Receipt Of Direction Or Order Including Any Ad Interim Or Interim Orders Or Any Other Communication From The Authority
10-Mar-2026
Financial / Operational Impact
There is no other financial implication on the Company except penalty imposed.
Nature And Details Of The Action Taken Or Order Passed
Penalty of Rs. 5,000 and differential duty amounting to Rs. 6,649 has imposed due to a classification issue, as the goods were cleared at IGST 5% instead of the applicable IGST 18% under Customs Act, 1962.
Violation Details
Incorrect declaration in Bill/s of Entry for wrong Customs Terrif heading for the goods contravened the provisions of Section 46 of the Customs Act, 1962.
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