Balaji Telefilms Ltd

Integrated Filing — Corporate Governance (NSE XBRL)

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Filing Summary

Company
Balaji Telefilms Limited
Symbol
BALAJITELE
Quarter Ended
31-Mar-2026
Submission
Revision

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
Yes
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
Not Applicable
Date Of End Of Financial Year
31-Mar-2026
Date Of End Of Reporting Period
31-Mar-2026
Date Of Signing
22-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://www.balajitelefilms.com/annual_return.php
Disclosure Web Link Of Audio Or Video Recordings And Transcripts Of Post Earinings Or Quarterly Calls Is Placed
https://www.balajitelefilms.com/Audio_or_video_recordings.php
Disclosure Web Link Of Company At Advertisements As Per Regulation471Is Placed
https://www.balajitelefilms.com/pdf/outcomeofboardmeeting/NPDec312025%20SD.pdf
Disclosure Web Link Of Company At Dividend Distribution Policy As Per Regulation43A1Is Placed
https://www.balajitelefilms.com/pdf/Dividend%20Distribution%20Policy.pdf
Disclosure Web Link Of Company At Materiality Policy As Per Sub Regulation4Regulation30Is Placed
https://www.balajitelefilms.com/policy_on_determination_of_materiality_of_events.php
Disclosure Web Link Of Company At Separate Audited Financial Statements Of Each Subsidiary Of The Listed Entity Is Placed
https://www.balajitelefilms.com/subsidiary-financial-information.php
Disclosure Web Link Of Company At Which Details Of Business Is Placed
https://www.balajitelefilms.com/about-us.php
Disclosure Web Link Of Company At Which Details Of Establishment Of Vigil Mechanism Or Whistle Blower Policy Is Placed
https://www.balajitelefilms.com/pdf/Whistle_Blower_Policy_V3.pdf
Disclosure Web Link Of Company At Which Financial Results Is Placed
https://www.balajitelefilms.com/outcome-board-meetings-agm-egm.php
Disclosure Web Link Of Company At Which Policy For Determining Material Subsidiaries Is Placed
https://www.balajitelefilms.com/policy-determining-material-subsidiary.php
Disclosure Web Link Of Company At Which Policy On Dealing With Related Party Transactions Is Placed
https://www.balajitelefilms.com/related-party-trancation-policy.php
Disclosure Web Link Of Company At Which Shareholding Pattern Is Placed
https://www.balajitelefilms.com/shareholding-pattern.php
Disclosure Web Link Of Compliance With Sub Regulation3Of Regulation46With Respect To Accuracy Of Disclosures On The Website And Timely Updation Is Placed
https://www.balajitelefilms.com/stock_exchange_filings.php
Disclosure Web Link Of Confirmation That The Disclosures Are In A Separate Section As Specified In Sub Regulation2Of Regulation46Is Placed
https://www.balajitelefilms.com/lodr.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://www.balajitelefilms.com/contact-info-kmps.php
Disclosure Web Link Of Disclosures Under Sub Regulation8Of Regulation30Is Placed
https://www.balajitelefilms.com/lodr.php
Disclosure Web Link Of Employee Benefit Scheme Documents Framed In Terms Of SEBI Share Based Employee Benefits And Sweat Equity Regulations2021Is Placed
https://www.balajitelefilms.com/pdf/ESOP%20Scheme%202023.pdf
Disclosure Web Link Of Memorandum Of Association And Articles Of Association Is Placed
https://www.balajitelefilms.com/pdf/MOA_and_AOA_2025.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.balajitelefilms.com/investor_analyst_meeting_disclosure.php
Disclosure Web Link Of Secretarial Compliance Report Is Placed
https://www.balajitelefilms.com/pdf/lord/ASCR2025.pdf
Disclosure Web Link Of Statements Of Deviations Or Variations As Specified In Regulation32Is Placed
https://www.balajitelefilms.com/Statements_deviation_variation.php
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
Yes
Fees Or Compensation
Yes
Financial Results
Yes
Is SCORESID Available
Yes
ISIN
INE794B01026
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
Tannu Sharma
Name Of Signatory Affirmations
Tannu Sharma
Name Of Signatory For Annual Affirmations
Tannu Sharma
Name Of Signatory For Quartely Affirmations
Tannu Sharma
Name Of The Company
BALAJI TELEFILMS 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
Mumbai
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 incident took place during the half year ended March 31, 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
Yes
SCORES Registration ID
b00036
Scrip Code
532382
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
Yes
Symbol
BALAJITELE
The Listed Entity Has Approved Material Subsidiary Policy And The Corporate Governance Requirements With Respect To Subsidiary Of Listed Entity Have Been Complied
Yes
Type Of Company
Equity
Type Of Submission
Original
Vacancies In Respect Key Managerial Personnel
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_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
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Board Composition — Entity Disclosures

Disclosure Of Notes On Composition Of Board Of Directors Explanatory Text Block
Ms. Ekta Ravi Kapoor is designated as the Joint MD, however in the drop down, there is no option to select "Joint MD", hence MD is selected.
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
1MrJEETENDRA ALIAS RAVI AMARNATH KAPOOR******00005345Non-Executive - Non Independent DirectorChairperson related to Promoter13-Apr-1942NoActiveYes31-Aug-201801-Feb-20001021
2MrsSHOBHA RAVI KAPOOR******00005124Executive DirectorNot ApplicableMD01-Feb-1949NoActiveNot Applicable10-Nov-19941010
3MsEKTA RAVI KAPOOR******00005093Executive DirectorNot ApplicableMD07-Jun-1975NoActiveNot Applicable10-Nov-19941010
4MrROHIT JAIN******01684970Non-Executive - Independent DirectorNot Applicable03-Aug-1977NoActiveNot Applicable28-May-202428-May-202422.41110
5MrAVIJIT MUKERJI******03534116Non-Executive - Independent DirectorNot Applicable18-Aug-1969NoActiveNot Applicable28-May-202428-May-202422.43231
6MrPANKAJ BAIKUNTHNATH CHATURVEDI******00142853Non-Executive - Independent DirectorNot Applicable01-Jul-1968NoActiveNot Applicable30-Dec-202530-Dec-202502-Mar-20261100
7MrASHUTOSH KHANNA******03153990Non-Executive - Independent DirectorNot Applicable23-Jul-1966NoActiveNot Applicable09-Feb-202409-Feb-202425.211121
8MsARCHANA NIRANJAN HINGORANI******00028037Non-Executive - Independent DirectorNot Applicable09-Sep-1965NoActiveNot Applicable28-Aug-202028-Aug-202567.046673
9MsJYOTI DESHPANDE******02303283Non-Executive - Non Independent DirectorNot Applicable16-Dec-1970NoActiveNot Applicable23-Mar-20182000
10MsPRIYANKA CHAUDHARY******06520285Non-Executive - Non Independent DirectorNot Applicable16-Apr-1983NoActiveNot Applicable20-May-20221000

Committee Disclosures

Entry CompComit122
Date of Appointment
15-May-2014
Entry CompComit123
Date of Appointment
15-May-2014
Entry CompComit124
Date of Appointment
01-Apr-2024
Entry CompComit14
Date of Appointment
28-May-2024
Entry CompComit15
Date of Appointment
17-Jul-2000
Entry CompComit16
Date of Appointment
28-May-2024
Entry CompComit41
Date of Appointment
01-Apr-2024
Entry CompComit42
Date of Appointment
30-Jan-2003
Entry CompComit43
Date of Appointment
28-May-2024
Entry CompComit68
Date of Appointment
12-Dec-2000
Entry CompComit69
Date of Appointment
12-Dec-2000
Entry CompComit70
Date of Appointment
12-Dec-2000
Entry CompComit71
Date of Appointment
01-Apr-2024
Entry CompComit95
Date of Appointment
18-Jun-2021
Entry CompComit96
Date of Appointment
18-Jun-2021
Entry CompComit97
Date of Appointment
01-Apr-2024
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.balajitelefilms.com/pdf/otherdocuments/List%20of%20Committees-BTL.pdf
Memberships In Committees
Yes
Prior Or Omnibus Approval Of Audit Committee For All Related Party Transactions
Yes
Risk Management Committee
No
Role Of Audit Committee And Information To Be Reviewed By The Audit Committee
Yes
Role Of Nomination And Remuneration Committee
Yes
Role Of Stakeholders Relationship Committee
Yes
The Committee Members Have Been Made Aware Of Their Powers Role And Responsibilities As Specified In Sebi Regulations2015
Yes
The Composition Of Audit Committee Is In Terms Of Sebi Regulations2015
Yes
The Composition Of The Nomination And Remuneration Committee Is In Terms Of Sebi Regulations2015
Yes
The Composition Of The Risk Management Committee Is In Terms Of Sebi Regulations2015
Not Applicable
The Composition Of The Stakeholders Relationship Committee Committee Is In Terms Of Sebi Regulations2015
Yes
Whether The Audit Committee Has A Regular Chairperson
Yes
Whether The Corporate Social Responsibility Committee Has A Regular Chairperson
Yes
Whether The Nomination And Remuneration Committee Has A Regular Chairperson
Yes
Whether The Risk Management Committee Has A Regular Chairperson
Yes
Whether The Stakeholders Relationship Committee Has A Regular Chairperson
Yes

Audit Committee

Additional Position
Chairperson
Director DIN
03153990
Member Name
ASHUTOSH KHANNA
Position
Non-Executive - Independent Director

Audit Committee

Additional Position
Member
Director DIN
00005345
Member Name
JEETENDRA ALIAS RAVI AMARNATH KAPOOR
Position
Non-Executive - Non Independent Director

Audit Committee

Additional Position
Member
Director DIN
01684970
Member Name
ROHIT JAIN
Position
Non-Executive - Independent Director

Audit Committee

Audit Committee

Corporate Social Responsibility Committee

Additional Position
Chairperson
Director DIN
00005345
Member Name
JEETENDRA ALIAS RAVI AMARNATH KAPOOR
Position
Non-Executive - Non Independent Director

Corporate Social Responsibility Committee

Additional Position
Member
Director DIN
00005124
Member Name
SHOBHA RAVI KAPOOR
Position
Executive Director

Corporate Social Responsibility Committee

Additional Position
Member
Director DIN
03153990
Member Name
ASHUTOSH KHANNA
Position
Non-Executive - Independent Director

Corporate Social Responsibility Committee

Corporate Social Responsibility Committee

Nomination and remuneration committee

Additional Position
Chairperson
Director DIN
03153990
Member Name
ASHUTOSH KHANNA
Position
Non-Executive - Independent Director

Nomination and remuneration committee

Additional Position
Member
Director DIN
00005345
Member Name
JEETENDRA ALIAS RAVI AMARNATH KAPOOR
Position
Non-Executive - Non Independent Director

Nomination and remuneration committee

Additional Position
Member
Director DIN
01684970
Member Name
ROHIT JAIN
Position
Non-Executive - Independent Director

Risk Management Committee

Additional Position
Chairperson
Director DIN
00005124
Member Name
SHOBHA RAVI KAPOOR
Position
Executive Director

Risk Management Committee

Additional Position
Member
Director DIN
00005345
Member Name
JEETENDRA ALIAS RAVI AMARNATH KAPOOR
Position
Non-Executive - Non Independent Director

Risk Management Committee

Additional Position
Member
Director DIN
03153990
Member Name
ASHUTOSH KHANNA
Position
Non-Executive - Independent Director

Risk Management Committee

Stakeholders Relationship Committee

Additional Position
Chairperson
Director DIN
00005345
Member Name
JEETENDRA ALIAS RAVI AMARNATH KAPOOR
Position
Non-Executive - Non Independent Director

Stakeholders Relationship Committee

Additional Position
Member
Director DIN
00005124
Member Name
SHOBHA RAVI KAPOOR
Position
Executive Director

Stakeholders Relationship Committee

Additional Position
Member
Director DIN
00005093
Member Name
EKTA RAVI KAPOOR
Position
Executive Director

Stakeholders Relationship Committee

Additional Position
Member
Director DIN
03153990
Member Name
ASHUTOSH KHANNA
Position
Non-Executive - Independent Director

Stakeholders Relationship Committee

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
13-Nov-2025
Number Of Directors Present In Meeting Of Board Of Directors
9
Number Of Independent Directors Attending The Meeting
4
Total Number Of Directors As On Date Of The Meeting
9
Entry MeetingBOD2
Dates Of Meeting If Any In The Relevant Quarter
13-Feb-2026
Maximum Gap Between Any Two Consecutive Meetings
91
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
10
Entry MeetingComit1
Dates Of Meeting Of The Committee In The Previous Quarter
13-Nov-2025
Number Of Director Present In Meeting Of Committee All Directors Including Independent Director
3
Number Of Independent Director Attending Meeting Of Committee
2
Number Of Member Attending Meeting Of Committee
0
Total Number Of Directors As On Date Of The Meeting
3
Entry MeetingComit2
Dates Of Meeting Of The Committee In The Relevant Quarter
13-Feb-2026
Maximum Gap Between Any Two Consecutive Meetings
91
Number Of Director Present In Meeting Of Committee All Directors Including Independent Director
2
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 Previous Quarter
13-Nov-2025
Number Of Director Present In Meeting Of Committee All Directors Including Independent Director
3
Number Of Independent Director Attending Meeting Of Committee
0
Number Of Member Attending Meeting Of Committee
0
Total Number Of Directors As On Date Of The Meeting
4
Entry MeetingComit4
Dates Of Meeting Of The Committee In The Relevant Quarter
13-Feb-2026
Maximum Gap Between Any Two Consecutive Meetings
91
Number Of Director Present In Meeting Of Committee All Directors Including Independent Director
3
Number Of Independent Director Attending Meeting Of Committee
0
Number Of Member Attending Meeting Of Committee
0
Total Number Of Directors As On Date Of The Meeting
4
Entry MeetingComit5
Dates Of Meeting Of The Committee In The Relevant Quarter
13-Feb-2026
Number Of Director Present In Meeting Of Committee All Directors Including Independent Director
2
Number Of Independent Director Attending Meeting Of Committee
0
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 Previous Quarter
13-Nov-2025
Number Of Director Present In Meeting Of Committee All Directors Including Independent Director
2
Number Of Independent Director Attending Meeting Of Committee
0
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 Relevant Quarter
13-Feb-2026
Maximum Gap Between Any Two Consecutive Meetings
91
Number Of Director Present In Meeting Of Committee All Directors Including Independent Director
2
Number Of Independent Director Attending Meeting Of Committee
0
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.balajitelefilms.com/contact-info.php
Disclosure Web Link Of Company At Which Email Address For Grievance Redressal And Other Relevant Details Is Placed
https://www.balajitelefilms.com/investor-info.php
Email Address For Grievance Redressal And Other Relevant Details
Yes
No Of Investor Complaints Disposed Off During The Period
0
No Of Investor Complaints During The Period
0
No Of Investor Complaints Received During The Period
0
Whether Part B Of Annexure I Of The SEBI Circular Dated31December2024Related To Investor Grievance Redressal Report Is Applicable To The Entity
Yes
Entry MainI
No Of Investor Complaints
0
Entry PY_I
No Of Investor Complaints
0
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 such acqusitions took place during the quarter under review.
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
Pending with High Court of Judicature at Bombay
Date of Initiation
15-Jun-2009
Opposing Party
Commissioner of Service Tax
Status (Previous Disclosure)
The Company has received a Show Cause Notice (SCN) from the Service Tax Department for the period April 2006 to March 2008, amounting to ₹ 6,348 Lacs, related to exports made to one of its customers.The Service Tax Department adjudicated in the Company's favor and dropped the demand of ₹ 6,348 Lacs. The Department filed an appeal against this decision with the Customs, Excise & Service Tax Appellate Tribunal (CESTAT), which was dismissed by the Hon'ble CESTAT in their order dated March 9, 2016. Subsequently, the Department filed an appeal against this order with the High Court on October 19, 2016, which is currently pending adjudication.
Entry I_OngoingTaxLitigationsOrDisputes2
Current Status
Pending with Commissioner of Service Tax
Date of Initiation
16-Jul-2010
Opposing Party
Commissioner of Service Tax
Status (Previous Disclosure)
The Company had received demand notices from the Office of the Commissioner of Service Tax, for the period April 2008 to March 2010 on exports made to one of the customers of the Company. The company had recived similar notice from the Office of the Commissioner of Service Tax, for the period April 2006 to March,2008. On appeal to the Commissioner of Service Tax, the matter pertaining to the period April 2006 to March 2008 was adjudicated in favor of the Company The department had further filed an appeal against the said order with the Customs, Excise & Service Tax Appellate Tribunal (CESTAT) which was dismissed by the Hon’ble CESTAT vide their order dated March 9, 2016. On the same matter as aforesaid, the Company had received a Show Cause Notice (SCN) for the period April 2008 to March 2010 amounting to Rs. 28,97 lacs. The Company, in earlier years, with respect to the SCN's, submitted the replies to the Commissioner of Service tax on the same lines of the matter which was adjudicated in the Company's favor. The copy of the favorable CESTAT order has been submitted with Commissioner and SCN's are pending for adjudication as at the year-end.
Entry I_OngoingTaxLitigationsOrDisputes3
Current Status
Pending with Commissioner of Service Tax
Date of Initiation
20-Oct-2014
Opposing Party
Commissioner of Service Tax
Status (Previous Disclosure)
The Company had received demand notices from the Office of the Commissioner of Service Tax, for the period April 2010 to March 2011 on exports made to one of the customers of the Company. The company had recived similar notice from the Office of the Commissioner of Service Tax, for the period April 2006 to March,2008. On appeal to the Commissioner of Service Tax, the matter pertaining to the period April 2006 to March 2008 was adjudicated in favor of the Company The department had further filed an appeal against the said order with the Customs, Excise & Service Tax Appellate Tribunal (CESTAT) which was dismissed by the Hon’ble CESTAT vide their order dated March 9, 2016. On the same matter as aforesaid, the Company had received a Show Cause Notice (SCN) for the period April 2010 to April 2011 amounting to Rs. 46 lacs. The Company, in earlier years, with respect to the SCN's, submitted the replies to the Commissioner of Service tax on the same lines of the matter which was adjudicated in the Company's favor. The copy of the favorable CESTAT order has been submitted with Commissioner and SCN's are pending for adjudication as at the year-end.
Entry I_OngoingTaxLitigationsOrDisputes4
Current Status
Pending for pre-admission at High Court of Judicature at Bombay
Date of Initiation
19-May-2015
Opposing Party
Income Tax Department
Status (Previous Disclosure)
With respect to Income Tax matters, a search was conducted on the Company's premises on 30 April 2013. Following this search, block assessments under section 153A of the Income-tax Act, 1961 (Act) were conducted for the Assessment Years 2007-08 to 2012-13. The Company did not appeal against the additions made in the assessment orders for these years. However, penalties were levied for these assessment years, which the Company challenged before the Income-tax Appellate Tribunal-Mumbai (ITAT). The Company accounted for the penalty amount as an exceptional item in the financial statements for the year ended March 31, 2018. Subsequently, the ITAT deleted the penalties levied, and the Income Tax Department refunded the penalties amounting to ₹1,044.44 Lacs along with interest of ₹138.33 Lacs under the Act to the Company. This was disclosed as an exceptional item in the financial statements for the year ended March 31, 2021 Following this, the Income Tax Department preferred an appeal before the Hon'ble High Court (HC) Bombay challenging the deletion of the penalties by the ITAT. This appeal is still in the pre-admission stage
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
It may be noted that a penalty amounting to Rs. 450,000/- plus GST each was levied upon the Company by NSE and BSE on February 27, 2026 due to non-compliance with Regulation 17(1) of SEBI (Listing Obligations and Disclosure Requirements Regulations, 2015. Further, the said non-compliance has already made good effective December 30, 2025, post appointment of Mr. Pankaj Baikunthnath Chaturvedi, Additional Director (Non-Executive Independent) on the Board of the Company. Apart from this, no penalty amouting upto Rs. 1 Lac, which is required to be disclosed under Part D of SEBI Circular dated December 31, 2024 was levied upon the Company during the quarter under review, hence no separate disclosure is being made.
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