Integrated Filing-Governance



General information about company

Scrip Code 539876
NSE Symbol CROMPTON
MSEI Symbol NOTLISTED
ISIN INE299U01018
Name of the entity CROMPTON GREAVES CONSUMER ELECTRICALS LIMITED
Date of start of financial year 01-Apr-2025
Date of end of financial year 31-Mar-2026
Reporting Quarter Yearly
Date of Quarter Ending 31-Mar-2026
Type of company Equity
Whether Annexure I (Part A) of the SEBI Circular dated December 31, 2024 related to Compliance Report on Corporate Governance is applicable to the entity? Yes
Whether Annexure I (Part B) of the SEBI Circular dated December 31, 2024 related to Investor Grievance Redressal Report is Applicable to the entity? Yes
Whether Annexure I (Part C) of the SEBI Circular dated December 31, 2024 related to Disclosure of Acquisition of Shares or Voting Rights in Unlisted Companies is Applicable to the entity? No
Reason For Part C Of Annexure I Disclosure Of Acquisition Of Shares OrVotingRightsInUnlistedCompaniesIsNotApplicableToTheEntity During the quarter ended March 31, 2026, the Company has not acquired shares/ voting rights in unlisted companies. Hence, the said disclosure is not applicable to the Company.
Whether Annexure I (Part D) of the SEBI Circular dated December 31, 2024 related to Disclosure of Imposition of Fine or Penalty is Applicable to the entity? Yes
Whether Annexure I (Part E) of the SEBI Circular dated December 31, 2024 related to Disclosure of Updates to Ongoing Tax Litigations or Disputes is Applicable to the entity? Yes
Whether Annexure I (Part F) of the SEBI Circular dated December 31, 2024 related to Disclosure Of Loans / Guarantees / Comfort Letters / Securities Etc. is Applicable to the entity? Yes
Risk management committee Yes
Market Capitalisation as per immediate previous Financial Year Top 500 listed entities
Is SCORE ID Available ? Yes
SCORE Registration ID C00633
Reason For No SCORE ID
Type of Submission New
Remarks (website dissemination)



Annexure I
Annexure I to be submitted by listed entity on quarterly basis
I. Composition of Board of Directors
Disclosure of notes on composition of board of directors explanatory Please note, consequent to expiry of first term of Mr. P R Ramesh as an Independent Director on May 20, 2026, was re-appointed as Non-Executive Independent Director of the Company by Board of Directors at its meeting held on February 06, 2026. This appointment was subsequently approved by the Members of the Company on March 14, 2026 through postal ballot, the results of which were announced on March 14, 2026.
Whether the listed entity has a Regular Chairperson Yes
Whether Chairperson is related to MD or CEO No Disqualification of Directors under section 164 of the Companies Act, 2013
Sr Title (Mr / Ms) Name of the Director PAN DIN Category 1 of directors Category 2 of directors Category 3 of directors Date of Birth Whether the director is disqualified? Start Date of disqualification End Date of disqualification Details of disqualification Current status Whether special resolution passed? [Refer Reg. 17(1A) of Listing Regulations] Date of passing special resolution Initial Date of appointment Date of Re-appointment Date of cessation Tenure of director (in months) No of Directorship in listed entities including this listed entity (Refer Regulation 17A of Listing Regulations) No of Independent Directorship in listed entities including this listed entity [with reference to proviso to regulation 17A(1) & 17A(2)] Number of memberships in Audit/ Stakeholder Committee(s) including this listed entity (Refer Regulation 26(1) of Listing Regulations) No of post of Chairperson in Audit/ Stakeholder Committee held in listed entities including this listed entity (Refer Regulation 26(1) of Listing Regulations) Reason for Cessation Notes for not providing PAN Notes for not providing DIN
1 Mr. Promeet Ghosh 05307658 Executive Director Not Applicable CEO-MD 05-Sep-1968 No Active NA 16-Aug-2016 01-May-2023 2 0 3 0
2 Mr. D Sundaram 00016304 Non-Executive - Non Independent Director Chairperson 16-Apr-1953 No Active NA 18-Sep-2025 18-Sep-2025 3 2 8 2
3 Mr. P R Ramesh 01915274 Non-Executive - Independent Director Not Applicable 17-Jan-1955 No Active NA 21-May-2021 14-Mar-2026 58.09 7 7 8 5
4 Mr. Anil Chaudhry 03213517 Non-Executive - Independent Director Not Applicable 11-Mar-1961 No Active NA 17-Oct-2023 17-Oct-2023 29.14 4 4 3 0
5 Mr. Sanjiv Kakkar 00591027 Non-Executive - Independent Director Not Applicable 17-Sep-1962 No Active NA 17-Oct-2023 17-Oct-2023 29.14 2 2 1 1
6 Ms. Hiroo Mirchandani 06992518 Non-Executive - Independent Director Not Applicable 17-Jun-1961 No Active NA 28-Jan-2022 28-Jan-2022 50.02 1 1 2 0
7 Ms. Smita Anand 00059228 Non-Executive - Independent Director Not Applicable 26-Jun-1959 No Active NA 10-Dec-2018 10-Dec-2023 87.2 3 3 2 0



Annexure 1

II. Composition of Committees
Disclosure of notes on composition of committees explanatory Please note, consequent to expiry of first term of Mr. P R Ramesh as an Independent Director on May 20, 2026, was re-appointed as Non-Executive Independent Director of the Company by Board of Directors at its meeting held on February 06, 2026. This appointment was subsequently approved by the Members of the Company on March 14, 2026 through postal ballot, the results of which were announced on March 14, 2026..



Audit Committee Details
Whether the Audit Committee has a Regular Chairperson Yes
Sr DIN Number Name of Committee members Category 1 of directors Category 2 of directors Date of Appointment Date of Cessation Remarks
1 00591027 Sanjiv Kakkar Non-Executive - Independent Director Chairperson 28-Dec-2024
2 01915274 P R Ramesh Non-Executive - Independent Director Member 31-May-2021 Textual Information(1)
3 00016304 D Sundaram Non-Executive - Non Independent Director Member 12-Feb-2016



Text Block
Textual Information(1) Please note, consequent to expiry of first term of Mr. P R Ramesh as an Independent Director on May 20, 2026, was re-appointed as Non-Executive Independent Director of the Company by Board of Directors at its meeting held on February 06, 2026. This appointment was subsequently approved by the Members of the Company on March 14, 2026 through postal ballot, the results of which were announced on March 14, 2026.



Nomination and remuneration committee
Whether the Nomination and remuneration committee has a Regular Chairperson Yes
Sr DIN Number Name of Committee members Category 1 of directors Category 2 of directors Date of Appointment Date of Cessation Remarks
1 00059228 Smita Anand Non-Executive - Independent Director Chairperson 29-Jan-2019
2 00016304 D Sundaram Non-Executive - Non Independent Director Member 12-Feb-2016
3 03213517 Anil Chaudhry Non-Executive - Independent Director Member 25-Jul-2025



Stakeholders Relationship Committee
Whether the Stakeholders Relationship Committee has a Regular Chairperson Yes
Sr DIN Number Name of Committee members Category 1 of directors Category 2 of directors Date of Appointment Date of Cessation Remarks
1 00016304 D Sundaram Non-Executive - Non Independent Director Chairperson 12-Feb-2016
2 06992518 Hiroo Mirchandani Non-Executive - Independent Director Member 18-Sep-2025
3 05307658 Promeet Ghosh Executive Director Member 01-May-2023



Risk Management Committee
Whether the Risk Management Committee has a Regular Chairperson Yes
Sr DIN Number Name of Committee members Category 1 of directors Category 2 of directors Date of Appointment Date of Cessation Remarks
1 01915274 P R Ramesh ID Chairperson 31-May-2021 Textual Information(1)
2 00016304 D Sundaram NED Member 25-Oct-2018
3 03213517 Anil Chaudhry ID Member 25-Jul-2025



Text Block
Textual Information(1) Please note, consequent to expiry of first term of Mr. P R Ramesh as an Independent Director on May 20, 2026, was re-appointed as Non-Executive Independent Director of the Company by Board of Directors at its meeting held on February 06, 2026. This appointment was subsequently approved by the Members of the Company on March 14, 2026 through postal ballot, the results of which were announced on March 14, 2026.



Annexure 1
III. Meeting of Board of Directors
Disclosure of notes on meeting of board of directors explanatory Board Meeting held on March 16, 2026 was adjourned to March 17, 2026 and March 18, 2026
Sr Date(s) of meeting (Enter dates of Previous quarter and Current quarter in chronological order) Maximum gap between any two consecutive (in number of days) Notes for not providing Date Whether requirement of Quorum met (Yes/No) Total Number of Directors as on date of the meeting Number of Directors present* (All directors including Independent Director) No. of Independent Directors attending the meeting*
1 06-Nov-2025 Yes 8 7 4
2 06-Feb-2026 91 Yes 7 7 5
3 16-Mar-2026 37 Yes 7 7 5



Annexure 1
IV. Meeting of Committees
Disclosure of notes on meeting of committees explanatory Audit Committee Meeting held on November 05, 2025 was adjourned to November 06, 2025 All the other Board of Directors who are non-committee members attended all the Committee Meetings as Invitees.
Sr Name of Committee Date(s) of meeting (Enter dates of Previous quarter and Current quarter in chronological order) Maximum gap between any two consecutive (in number of days) Name of other committee Reson for not providing date Whether requirement of Quorum met (Yes/No) Total Number of Directors in the Committee as on date of the meeting Number of Directors Present (All Directors including Independent Director) No. of Independent Directors attending the meeting* No. of members attending the meeting (other than Board of Directors)
1 Audit Committee 05-Nov-2025 Audit Committee Meeting held on November 05, 2025 was adjourned to November 06, 2025 All the other Board of Directors who are non-committee members attended all the Committee Meetings as Invitees. Yes 3 3 2 0
2 Audit Committee 05-Feb-2026 91 Yes 3 3 2 0
3 Nomination and remuneration committee 05-Feb-2026 Yes 3 3 2 0
4 Stakeholders Relationship Committee 05-Feb-2026 Yes 3 3 1 0
5 Risk Management Committee 25-Feb-2026 19 Yes 3 3 2 0



Annexure 1
VI. Affirmations
Sr Subject Compliance status (Yes/No)
1 The composition of Board of Directors is in terms of SEBI (Listing obligations and disclosure requirements) Regulations, 2015 Yes
2 The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015 a. Audit Committee Yes
3 The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. b. Nomination & remuneration committee Yes
4 The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. c. Stakeholders relationship committee Yes
5 The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. d. Risk management committee (applicable to the top 1000 listed entities) Yes
6 The committee members have been made aware of their powers, role and responsibilities as specified in SEBI (Listing obligations and disclosure requirements) Regulations, 2015. Yes
7 The meetings of the board of directors and the above committees have been conducted in the manner as specified in SEBI (Listing obligations and disclosure requirements) Regulations, 2015 Yes
8 This report and/or the report submitted in the previous quarter has been placed before Board of Directors. Yes
9 Any comments/observations/advice of Board of Directors may be mentioned here:



Annexure 1
Sr Subject Compliance status
1 Name of signatory Rashmi Khandelwal
2 Designation Company Secretary and Compliance Officer



Details of Cyber security incidence
Whether as per Regulation 27(2)(ba) of SEBI (LODR) Regulations, 2015 there has been cyber security incidents or breaches or loss of data or documents during the quarter No
Other details of cyber security incidence or breaches or loss of data event
Number of cyber security incidence or breaches or loss of data event occurred during the quarter
Sr Date of the event Brief details of the event



Annexure II to be submitted by listed entity at the end of the financial year (for the whole of financial year)
I. Disclosure on website in terms of LODR Regulation
Sr Item Compliance status (Yes/No/NA) If status is No details of non-compliance may be given here. Web address
1.1 Details of business Yes https://www.crompton.co.in/pages/overview
1.2 Memorandum of Association and Articles of Association Yes https://www.crompton.co.in/pages/corporate-governance#MemorandumandArticlesofAssociation
1.3 Brief profile of board of directors including directorship and full time positions in body corporates Yes https://www.crompton.co.in/pages/about-us
2 Terms and conditions of appointment of independent directors Yes https://www.crompton.co.in/pages/corporate-governance#CodesPolicies
3 Composition of various committees of board of directors Yes https://www.crompton.co.in/pages/board-committee
4 Code of conduct of board of directors and senior management personnel Yes https://reports.crompton.co.in/shopify/public/files/JQyKgNOWmA_Code-of-Conduct_19May2023_updated.pdf
5 Details of establishment of vigil mechanism or whistle blower policy Yes https://reports.crompton.co.in/shopify/public/files/JXVgUhnnht_Vigil%20Mechanism%20and%20Whistleblower%20Policy.pdf
6 Criteria of making payments to non-executive directors Yes https://www.crompton.co.in/pages/corporate-governance-1#CodesPolicies
7 Policy on dealing with related party transactions Yes https://reports.crompton.co.in/shopify/public/files/hdDSNkYWnx_Policy%20on%20Materiality%20of%20and%20dealing%20with%20Related%20Party%20Transactions.pdf
8 Policy for determining material subsidiaries Yes https://reports.crompton.co.in/shopify/public/files/3K6rUAYCUW_Policy%20on%20Material%20Subsidiary.pdf
9 Details of familiarization programmes imparted to independent directors Yes https://reports.crompton.co.in/shopify/public/files/DRvcLndzz7_Familiarization%20Programme%20for%20FY%2025-26.pdf
10 Contact information of the designated officials of the listed entity who are responsible for assisting and handling investor grievances Yes https://www.crompton.co.in/pages/investors-relations#ShareholderGrievances
11 Email address for grievance redressal and other relevant details Yes https://www.crompton.co.in/pages/investors-relations#ConInvestors
12 Financial results Yes https://www.crompton.co.in/pages/financial-reports
13 Shareholding pattern Yes https://www.crompton.co.in/pages/investors-relations#ShareholdingPattern
14 Details of agreements entered into with the media companies and/or their associates NA
15.1 Schedule of analyst or institutional investor meet and presentation prepared by listed entity for analyst or institutional investor meet Yes https://www.crompton.co.in/pages/investors-relations#AnalystMeets https://www.crompton.co.in/pages/financial-reports
15.2 Audio or video recordings and transcripts of post earnings/quarterly calls Yes https://www.crompton.co.in/pages/financial-reports
16 New name and the old name of the listed entity NA
17 Advertisements as per regulation 47 (1) Yes https://www.crompton.co.in/pages/corporate-governance-1#NewspaperPublications
18 Credit rating or revision in credit rating obtained Yes https://www.crompton.co.in/pages/investors-relations#CreditRatings
19 Separate audited financial statements of each subsidiary of the listed entity Yes https://www.crompton.co.in/pages/financial-reports#SubsidiariesFinancials
20 Secretarial compliance report Yes https://www.crompton.co.in/pages/corporate-governance#Regulation24A
21 Materiality policy as per regulation 30 (4) Yes https://reports.crompton.co.in/shopify/public/files/T9naNkqz41_Materiality%20Policy.pdf
22 Disclosure of contact details of KMP who are authorized for the purpose of determining materiality as required under regulation 30(5) Yes https://reports.crompton.co.in/shopify/public/files/NmsrZ7cF5O_List%20of%20officials%20for%20determining%20materiality.pdf
23 Disclosures under regulation 30(8) Yes https://www.crompton.co.in/pages/corporate-governance-1#ComplianceFilings
24 Statements of deviation(s) or variations(s) as specified in regulation 32 Yes https://www.crompton.co.in/pages/corporate-governance-1#ComplianceFilings
25 Dividend distribution policy as specified in regulation 43A (1) Yes https://reports.crompton.co.in/shopify/public/files/aaeGlqQcuR_Dividend-Distribution-Policy-1.pdf
26.1 Annual return as provided under section 92 of the Companies Act 2013 Yes https://www.crompton.co.in/pages/financial-reports#AnnualReports
26.2 Employee benefit scheme documents framed in terms of SEBI (SBEB) regulations 2021
27 Confirmation that the above disclosures are in a separate section as specified in regulation 46(2) Yes https://www.crompton.co.in/pages/corporate-governance-1#Disclosures
28 Compliance with regulation 46(3) with respect to accuracy of disclosures on the website and timely updation Yes https://www.crompton.co.in/pages/corporate-governance-1#Disclosures
29 Disclosure of notes on website in terms of Listing Regulations explanatory


Annexure II
II. Annual Affirmations
Sr Particulars Regulation Number Compliance status (Yes/No/NA) If status is No details of non-compliance may be given here.
1 Independent director(s) have been appointed in terms of specified criteria of independence and/or eligibility 16(1)(b) Yes
2 Board Composition 17(1), 17(1A) & 17(1C), 17(1D) & 17(1E) Yes
3 Meeting Of Board Of Directors 17(2) Yes
4 Quorum of board meeting 17(2A) Yes
5 Review of Compliance Reports 17(3) Yes
6 Plans for orderly succession for appointments 17(4) Yes
7 Code of Conduct 17(5) Yes
8 Fees/compensation 17(6) Yes
9 Minimum Information 17(7) Yes
10 Compliance Certificate 17(8) Yes
11 Risk Assessment & Management 17(9) Yes
12 Performance Evaluation of Independent Directors 17(10) Yes
13 Recommendation of Board 17(11) Yes
14 Maximum number of Directorships 17A Yes
15 Composition of Audit Committee 18(1) Yes
16 Meeting of Audit Committee 18(2) Yes
17 Role of Audit Committee and information to be reviewed by the audit committee 18(3) Yes
18 Composition of nomination & remuneration committee 19(1) & (2) Yes
19 Quorum of Nomination and Remuneration Committee meeting 19(2A) Yes
20 Meeting of Nomination and Remuneration Committee 19(3A) Yes
21 Role of Nomination and Remuneration Committee 19(4) Yes
22 Composition of Stakeholder Relationship Committee 20(1), 20(2) & 20(2A) Yes
23 Meeting of Stakeholders Relationship Committee 20(3A) Yes
24 Role of Stakeholders Relationship Committee 20(4) Yes
25 Composition and role of risk management committee 21(1),(2),(3),(4) Yes
26 Meeting of Risk Management Committee 21(3A) Yes
27 Quorum of Risk Management Committee meeting 21(3B) Yes
28 Gap between the meetings of the Risk Management Committee 21(3C) Yes
29 Vigil Mechanism 22 Yes
30 Policy for related party Transaction 23(1), (1A), (5), (6), & (8) Yes
31 Prior or Omnibus approval of Audit Committee for all related party transactions 23(2), (3) Yes
32 Approval for material related party transactions 23(4) NA
33 Disclosure of related party transactions on consolidated basis 23(9) Yes
34 Composition of Board of Directors of unlisted material Subsidiary 24(1) NA
35 Other Corporate Governance requirements with respect to subsidiary of listed entity 24(2),(3),(4),(5) & (6) Yes
36 Alternate Director to Independent Director 25(1) NA
37 Maximum Tenure 25(2) Yes
38 Appointment, Re-appointment or removal of an Independent Director through special resolution or the alternate mechanism 25(2A) Yes
39 Meeting of independent directors 25(3) & (4) Yes
40 Familiarization of independent directors 25(7) Yes
41 Declaration from Independent Director 25(8) & (9) Yes
42 Directors and Officers insurance 25(10) Yes
43 Confirmation with respect to appointment of Independent Directors who resigned from the listed entity 25(11) Yes
44 Memberships in Committees 26(1) Yes
45 Affirmation with compliance to code of conduct from members of Board of Directors and Senior management personnel 26(3) Yes
46 Policy with respect to Obligations of directors and senior management 26(2) & 26(5) Yes
47 Approval of the Board and shareholders for compensation or profit sharing in connection with dealings in the securities of the listed entity 26(6) Yes
48 Vacancies in respect Key Managerial Personnel 26A(1) & 26A(2), 26A(3) Yes
Any other information to be provided - Add Notes



Annexure II
III. Affirmations
Sr Particulars Compliance status (Yes/No/NA)
1 The Listed Entity has approved Material Subsidiary Policy and the Corporate Governance requirements with respect to subsidiary of Listed Entity have been complied Yes
Any other information to be provided



Annexure II
1 Name of signatory Ms. Rashmi Khandelwal
2 Designation Company Secretary and Compliance Officer



Additional Half yearly Disclosure
Any Other Information for Disclosure of Loans / Guarantees / Comfort Letters / Securities Etc.
I. Disclosure of Loans/ guarantees/comfort letters /securities etc.refer note below
(A)Any loan or any other form of debt advanced by the listed entity directly or indirectly to
Entity Aggregate amount advanced during six months Balance outstanding at the end of six months
Promoter or any other entity controlled by them 0 0
Promoter Group or any other entity controlled by them 0 0
Directors (including relatives) or any other entity controlled by them 0 0
KMPs or any other entity controlled by them 0 0
(B) Any guarantee / comfort letter (by whatever name called) provided by the listed entity directly or indirectly, in connection with any loan(s) or any other form of debt availed By
Entity Type (guarantee, comfort letter etc.) Aggregate amount of issuance during six months Balance outstanding at the end of six months(taking into account any invocation)
Promoter or any other entity controlled by them Nil 0 0
Promoter Group or any other entity controlled by them Nil 0 0
Directors (including relatives) or any other entity controlled by them Nil 0 0
KMPs or any other entity controlled by them Nil 0 0
(C) Any security provided by the listed entity directly or indirectly, in connection with any loan(s) or any other form of debt availed by
Entity Type of security (cash, shares etc.) Aggregate value of security provided during six months Balance outstanding at the end of six months
Promoter or any other entity controlled by them Nil 0 0
Promoter Group or any other entity controlled by them Nil 0 0
Directors (including relatives) or any other entity controlled by them Nil 0 0
KMPs or any other entity controlled by them Nil 0 0
(D) Additional Information
II. Affirmations
Affirmations Compliance Status Company Remarks
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. Yes
Name Kaleeswaran Arunachalam
Designation Chief Financial Officer
Place Mumbai
Date 22-Apr-2026



Signatory Details
Name of signatory Rashmi Khandelwal
Designation of person Company Secretary and Compliance Officer
Place Mumbai
Date 22-Apr-2026


Investor Grievance Details
No. of investor complaints pending at the beginning of Quarter 206
No. of investor complaints received during the Quarter 830
No. of investor complaints disposed off during the Quarter 970
No. of investor complaints those remaining unresolved at the end of the Quarter 66


Disclosure of Acquisition of Shares or Voting Rights in Unlisted Companies-
The details of acquisition of shares or voting rights in unlisted companies during the quarter in terms of sub-para 1 of para A of Part A of Schedule III are given below
Any Other Information for Disclosure of Acquisition of Shares or Voting Rights in Unlisted Companies
Sr. No. Name of the unlisted company in which shares or voting rights have been acquired Date of acquisition Aggregate holding (% shares or voting rights) as at the end of the previous quarter % shares or voting rights acquired during the quarter Aggregate holding (% shares or voting rights) as at the end of the quarter


Disclosure of Imposition of Fine or Penalty
The details of imposition of fine or penalty during the quarter in terms of sub-para 20 of para A of Part A of Schedule III are given below:
Any Other Information for Disclosure of Imposition of Fine or Penalty For Sr.No. 1 case, the said order/direction was issued on October 14, 2025, and was received by the Company on January 13, 2026 at 04:34 p.m.
Sr. No. Name of the authority Nature and details of the action(s) taken or order(s) passed Date of receipt of direction or order, including any ad interim or interim orders, or any other communication from the authority Details of the violation(s)/ contravention(s) committed or alleged to be committed Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible
1 District Consumer Disputes Redressal Commission, Saharsa, Bihar ₹ 7,620.00 - Compensation ₹ 5,000 - Cost for mental agony 14-Oct-2025 The consumer claimed that he had bought Crompton Mini Master Plus I pump which was not functioning well. Hence the consumer filed consumer complaint for compensation. There is no material impact on financials, operations, or other activities of the Company.
2 Assistant Commissioner of Income Tax, Circle-5(1)(1), Mumbai Rectification order passed under Section 154 of Income Tax Act, 1961 for AY 2019-20 for correction of tax computation 18-Mar-2026 Demand has been raised against alleged excess refund of tax Potential Impact: 4,21,07,197/- However, there is no material impact on the financials, operations, or other activities of the company.
3 Pakalapati Mariyadas, Assistance Commissioner, Vijayawada, Guntur, Vishakapatnam Amaravathi Demand raised under section 74 of the GST Act, 2017 23-Mar-2026 Demand has been raised on account of alleged excess ITC claimed in GSTR 3B as compared to GSTR 2A for the period April 2019 to March 2020 Potential impact of INR 4,50,41,295/- However, there is no material impact on the financials, operations or other activities of the company.
4 Commissioner of Income Tax (Appeals), National Faceless Appeals Centre, Delhi CIT(A) order under Section 250 of Income Tax Act, 1961 30-Mar-2026 Demand has been raised on account of disallowance of provision for warranty and after sales services, depreciation on intangible assets and ESOP expenses Potential impact of INR 10,22,94,841/- (Tax INR 9,77,56,823 /- and interest INR 45,38,018/-) There is no material impact on the financials, operations, or other activities of the company.
5 Joint Commissioner of State Tax (Appeal–VI), Mumbai. The Joint Commissioner Appeal has partially confirmed the order passed by the Deputy Commissioner for the financial year 2018-19 30-Mar-2026 Demand has been raised on account of disallowance of Input Tax Credit and GST on Credit notes. Potential impact of INR 22,45,82,868/- (Tax INR 10,26,78,152 /-, interest INR 11,15,19,646 /- and penalty of INR 1,03,85,070 /-) There is no material impact on the financials, operations, or other activities of the company.
6 Assessment Unit, Income Tax Department, Mumbai Notice of demand under section 156 of the Income Tax Act 1961 from the office of the Assessment Unit, Income Tax Department, Mumbai, for the AY 2024-25, imposing total demand of ₹ 42,60,90,820/- (Tax ₹ 34,53,31,204 and Interest - ₹ 8,07,59,616) for the AY 2024-25 27-Mar-2026 Demand has been raised on account of - Disallowance of ESOP expenses - Disallowance of claim of provisions against warranty and after sale service expenses - Disallowance of depreciation on Intangible Assets - Disallowance of payment to non – filers of Income tax Return Potential Impact: ₹ 42,60,90,820/- However, there is no material impact on the financials, operations, or other activities of the company.


Disclosure of Updates to Ongoing Tax Litigations or Disputes
The updates on tax litigations or disputes in terms of sub-para 8 of para B of Part A of Schedule III read with corresponding provisions of Annexure 18 of the Master Circular are given below:

Any Other Information for Disclosure of Updates to Ongoing Tax Litigations or Disputes
Sr. No. Name of the opposing party Date of initiation of the litigation / dispute Status of the litigation / dispute as per last disclosure Current status of the litigation / dispute
1 Commercial Tax Officer, Panaji- Ward, Goa 23-May-2019 Entry Tax hearing held on 5 November 2025.The Company informed the Appellate Authority that VAT/CST reassessment proceedings are pending at the Assessing Authority following remand to consider the VAT Opening balance of ITC, Statutory forms, and Entry Tax Credit. The Company requested that the Appellate Authority to remand back the Entry Tax matters to the Assessing Authority and prescribe a clear timeline for completion, so that the VAT, CST, and Entry Tax issues can be adjudicated together. The Assessing Authority has scheduled the next VAT/CST hearing for 19 January 2026. On February 3, 2026, the hearing with the assessing authority regarding the revision of the VAT assessment for the financial year 2015-16 was completed, with the order reserved. The excess Input Tax Credit (ITC) identified by the assessing officer was validated. The AO considered the opening ITC and the ITC utilized for Central Sales Tax (CST) payments, in alignment with the appellate authority's order. A request was made to the Appellate Authority to remand the entry tax matter to the assessing authority for consideration of excess VAT ITC against the entry tax demand for 2015-16. Following the resolution of these issues, pending assessments for 2016-17 and 2017-18 will be taken up based on the remand order.
2 Deputy Commissioner (MUM-VAT-E-620) Mumbai 15-Mar-2021 No change in the status post receipt of stay order. Matter is pending before The Joint Commissioner Appeals, Mumbai for hearing. Status quo remains the same as per last disclosure. Status quo remains the same as per last disclosure.
3 Excise & Taxation Officer, Ambala Ward, Haryana 30-Mar-2024 Based on the merits of the matter, prevailing law and advice of the consultant, the Company is planning to appeal against this order before the Commissioner (Appeals). Status quo remains the same as per last disclosure. Status quo remains the same as per last disclosure.
4 Asst. Commissioner of Income Tax, 5(1)(1) Circle, Mumbai 31-Jul-2022 The income tax department has filed an appeal before the Hon. SC against the order of Hon. HC. The Hon. SC has passed the order in favour of the income tax department and set aside the respective HC order to extent of applicability of time for issuance of reassessment notice. No other grounds are taken into the consideration by the Hon. SC. The jurisdictional Assessing Officer (AO) is to issue notices to give effect to SC decision. Presently, the Company has not received any notice from the income tax department pursuant to the order passed by the Hon. SC. There is no further development in the matter during the period Oct to Dec'25 There is no further development in the matter during the period Jan to Mar'26
5 Assessment Unit, Income Tax Department (Intimation dated: March 21, 2024) 20-Mar-2024 The Company has filed an appeal before the National Faceless Appeal Centre (NFAC) on April 19, 2024. The Company has also filed the rectification application with the Assessing Officer on April 24, 2024. There is no further development in the matter during the period Oct to Dec'25 CIT(A), NFAC has passed an order dated 31 March 2026 rejecting contentions of Company. Company is of view that it has strong case on merits and will be filing appeal before Honourable Income Tax Appellate against the order passed by Hon. CIT(A)
6 Assessment Unit, Income Tax Department (Intimation dated: March 25, 2025) 24-Mar-2025 The company has filed an appeal before the national Faceless Appeal Centre (NFAC) on17th April 2025. There is no further development in the matter during the period Oct to Dec'25 CIT(A), NFAC has passed an order dated 31 March 2026 rejecting contentions of Company. Company is of view that it has strong case on merits and will be filing appeal before Honourable Income Tax Appellate against the order passed by Hon. CIT(A)
7 Assessment Unit, Income Tax Department (Intimation dated: March 27, 2026) 27-Mar-2026 Not Applicable Company is of view that it has strong case on merits and will be filing appeal before National Faceless Appeal Centre (NFAC) against the order passed by Assessment Unit, Income Tax Department