Integrated Filing-Governance



General information about company

Scrip Code 520043
NSE Symbol MUNJALSHOW
MSEI Symbol NOTLISTED
ISIN INE577A01027
Name of the entity MUNJAL SHOWA 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 There was no acquisition of shares or voting rights of Unlisted Company during the quarter.
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? No
Reason For Part D Of Annexure I Disclosure Of Imposition Of Fine Or Penalty Is Not Applicable To The Entity No Fine or penalty were imposed during the quarter under review.
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? No
Reason For Part F Of Annexure I Disclosure Of Loans Or Guarantees Or Comfort Letters Or Securities Etc Is Not Applicable To The Entity Annexure I (Part F) of the SEBI Circular dated December 31, 2024, relating to disclosure of loans, guarantees, comfort letters, and securities - Not applicable
Risk management committee No
Market Capitalisation as per immediate previous Financial Year Top 2000 listed entities
Is SCORE ID Available ? Yes
SCORE Registration ID M00335
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
Whether the listed entity has a Regular Chairperson Yes
Whether Chairperson is related to MD or CEO Yes 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. YOGESH CHANDER MUNJAL 00003491 Executive Director Chairperson MD 13-Feb-1940 No Active NA 16-May-1985 01-Sep-2021 2 0 3 0
2 Mr. HITOSHI FUKAGAWA 10611378 Executive Director Not Applicable MD 21-Jun-1968 No Active NA 29-May-2024 29-May-2024 1 0 0 0
3 Mr. KATSUMATA TETSUYA 11096018 Non-Executive - Non Independent Director Not Applicable 08-Feb-1967 No Active NA 26-May-2025 26-May-2025 1 0 0 0 Textual Information(1)
4 Mr. ASHOK KUMAR MUNJAL 00003843 Non-Executive - Independent Director Not Applicable 14-Feb-1951 No Active Yes 12-Aug-2022 02-Jan-1989 02-Jan-1989 47 1 1 2 0
5 Mrs. KAVITA VENUGOPAL 07551521 Non-Executive - Independent Director Not Applicable 06-Mar-1957 No Active No 17-May-2022 17-May-2022 47 5 5 5 1
6 Ms. NEETIKA BATRA 10219725 Non-Executive - Independent Director Not Applicable 05-Sep-1967 No Active No 01-Apr-2024 01-Apr-2024 24 2 2 5 2
7 Mr. ABHAYA SHANKAR 00008378 Non-Executive - Independent Director Not Applicable 26-Mar-1956 No Active NA 26-May-2025 26-May-2025 11 4 3 4 2
8 Mr. NEERAJ MUNJAL 00037792 Non-Executive - Non Independent Director Not Applicable 01-Jul-1967 No Active NA 26-May-2025 26-May-2025 2 0 2 0



Text Block
Textual Information(1) Mr. Tetsuya Katsumata is a Foreign National.



Annexure 1

II. Composition of Committees
Disclosure of notes on composition of committees explanatory



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 10219725 NEETIKA BATRA Non-Executive - Independent Director Chairperson 01-Apr-2024
2 00003843 ASHOK KUMAR MUNJAL Non-Executive - Independent Director Member 23-May-2014
3 07551521 KAVITA VENUGOPAL Non-Executive - Independent Director Member 01-Apr-2024
4 00037792 NEERAJ MUNJAL Non-Executive - Non Independent Director Member 04-Aug-2025



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 00003843 ASHOK KUMAR MUNJAL Non-Executive - Independent Director Chairperson 23-May-2014
2 10219725 NEETIKA BATRA Non-Executive - Independent Director Member 01-Apr-2024
3 07551521 KAVITA VENUGOPAL Non-Executive - Independent Director Member 01-Apr-2024
4 00003491 YOGESH CHANDER MUNJAL Executive Director Member 01-May-2018



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 10219725 NEETIKA BATRA Non-Executive - Independent Director Chairperson 01-Apr-2024
2 00003843 ASHOK KUMAR MUNJAL Non-Executive - Independent Director Member 23-May-2014
3 00003491 YOGESH CHANDER MUNJAL Executive Director Member 23-May-2014
4 10611378 HITOSHI FUKAGAWA Executive Director Member 12-Aug-2024



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 00003491 YOGESH CHANDER MUNJAL ED Chairperson 23-Jun-2021
2 10611378 HITOSHI FUKAGAWA ED Member 29-May-2024
3 00003843 ASHOK KUMAR MUNJAL ID Member 01-Apr-2024
4 07551521 KAVITA VENUGOPAL ID Member 12-Aug-2024



Annexure 1
III. Meeting of Board of Directors
Disclosure of notes on meeting of board of directors explanatory
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 14-Nov-2025 Yes 8 6 3
2 07-Feb-2026 84 Yes 8 6 3



Annexure 1
IV. Meeting of Committees
Disclosure of notes on meeting of committees explanatory
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 14-Nov-2025 Yes 4 3 2 0
2 Audit Committee 07-Feb-2026 84 Yes 4 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 Ravinder Sharma
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://munjalshowa.net/about-us/company-profile/
1.2 Memorandum of Association and Articles of Association Yes https://munjalshowa.net/wp-content/uploads/2024/12/MOA.pdf https://munjalshowa.net/wp-content/uploads/2024/12/AOA.pdf
1.3 Brief profile of board of directors including directorship and full time positions in body corporates Yes https://munjalshowa.net/team/
2 Terms and conditions of appointment of independent directors Yes https://munjalshowa.net/wp-content/uploads/2026/04/Terms-Conditions-of-Appointment-of-Independent-Directors.pdf
3 Composition of various committees of board of directors Yes https://munjalshowa.net/wp-content/uploads/2026/04/Composition_Board__its_Committees.pdf
4 Code of conduct of board of directors and senior management personnel Yes https://www.munjalshowa.net/wp-content/uploads/2016/02/Code-of-conduct.pdf
5 Details of establishment of vigil mechanism or whistle blower policy Yes https://munjalshowa.net/wp-content/uploads/2025/05/VIGIL-MECHANISM-POLICY.pdf
6 Criteria of making payments to non-executive directors Yes https://munjalshowa.net/wp-content/uploads/2025/07/Munjal-Showa-Annual-Report-2024-25.pdf
7 Policy on dealing with related party transactions Yes https://munjalshowa.net/wp-content/uploads/2025/11/FINAL-RPT-POLICY.pdf
8 Policy for determining material subsidiaries Yes https://munjalshowa.net/wp-content/uploads/2026/04/Policy-on-Determining-Material-Subsidiary.pdf
9 Details of familiarization programmes imparted to independent directors Yes https://munjalshowa.net/wp-content/uploads/2026/04/Familiarization-programme-for-Independent-Directors-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://munjalshowa.net/investors/investor-services/
11 Email address for grievance redressal and other relevant details Yes https://munjalshowa.net/investors/investor-services/
12 Financial results Yes https://munjalshowa.net/investors/quarterly-financial-results/
13 Shareholding pattern Yes https://munjalshowa.net/investors/share-holding-pattern/
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 NA
15.2 Audio or video recordings and transcripts of post earnings/quarterly calls NA
16 New name and the old name of the listed entity NA
17 Advertisements as per regulation 47 (1) Yes https://munjalshowa.net/investors/query-grievance/
18 Credit rating or revision in credit rating obtained Yes https://munjalshowa.net/wp-content/uploads/2026/03/Credit-Rating-2025-26.pdf
19 Separate audited financial statements of each subsidiary of the listed entity NA
20 Secretarial compliance report Yes https://munjalshowa.net/annual-secretarial-compliance-report/
21 Materiality policy as per regulation 30 (4) Yes https://munjalshowa.net/wp-content/uploads/2025/02/POLICY-ON-DETERMINATION-OF-MATERIALITY-OF-INFORMATION-OR-EVENT.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://munjalshowa.net/investors/investor-services/
23 Disclosures under regulation 30(8) Yes https://munjalshowa.net/investors/notification/
24 Statements of deviation(s) or variations(s) as specified in regulation 32 NA
25 Dividend distribution policy as specified in regulation 43A (1) Yes https://munjalshowa.net/investors/policies/
26.1 Annual return as provided under section 92 of the Companies Act 2013 Yes https://munjalshowa.net/annual-return-3/
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 www.munjalshowa.net
28 Compliance with regulation 46(3) with respect to accuracy of disclosures on the website and timely updation Yes www.munjalshowa.net
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) Yes
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) NA
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) NA
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 Ravinder Sharma
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
Promoter Group or any other entity controlled by them
Directors (including relatives) or any other entity controlled by them
KMPs or any other entity controlled by them
(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
Promoter Group or any other entity controlled by them
Directors (including relatives) or any other entity controlled by them
KMPs or any other entity controlled by them
(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
Promoter Group or any other entity controlled by them
Directors (including relatives) or any other entity controlled by them
KMPs or any other entity controlled by them
(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. $intratedCg.get("CG_YN_$!integratedFillingMasterDto.cgMasterVO.anx4aAffirmComplStatus")
Name
Designation
Place
Date



Signatory Details
Name of signatory Ravinder Sharma
Designation of person Company Secretary and Compliance Officer
Place Gurugram
Date 24-Apr-2026


Investor Grievance Details
No. of investor complaints pending at the beginning of Quarter 0
No. of investor complaints received during the Quarter 0
No. of investor complaints disposed off during the Quarter 0
No. of investor complaints those remaining unresolved at the end of the Quarter 0


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
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


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 Income tax Department/Assessing Officer 27-Jan-2022 For assessment year 2006-07 The Assessing officer have erred in proposing an adjustment of INR 4,89,58,700 to the arm’s length price of the ‘international transactions’ and The Company has filed an appeal before Income tax appelate tribunal (ITAT) The Assessing officer have erred in proposing an adjustment of INR 4,89,58,700 to the arm’s length price of the ‘international transactions’ and The Company has filed an appeal before ITAT and pending with ITAT.
2 Income tax Department/Assessing Officer 18-Mar-2015 For assessment year 2010-11, Transfer pricing adjustment amounting to INR 12,98,92,206 pertaining to payment of royalty by arbitrarily determining the arm’s length price (“ALP”) of the international transaction as against computed by MSL in accordance with the provisions of the Act read with the Income-tax Rules, 1962 (“Rules”) using TNMM Method and / or CUP and the Company has filed an appeal before ITAT For assessment year 2006-07 Transfer pricing adjustment amounting to INR 12,98,92,206 pertaining to payment of royalty by arbitrarily determining the arm’s length price (“ALP”) of the international transaction as against computed by MSL in accordance with the provisions of the Act read with the Income-tax Rules, 1962 (“Rules”) using TNMM Method and / or CUP and The Company has filed an appeal before ITAT and the same is pending
3 Income tax Department/Assessing Officer 28-Jul-2022 For Assessment year 2011-12, Transfer pricing adjustment amounting to INR� 10,16,83,851 pertaining to payment of royalty by arbitrarily determining the arm’s length price (“ALP”) of the international transaction as against computed by MSL in accordance with the provisions of the Act read with the Income-tax Rules, 1962 (“Rules”) using TNMM Method and / or CUP and the Company has filed an appeal before ITAT For Assessment year 2011-12, Transfer pricing adjustment amounting to INR� 10,16,83,851 pertaining to payment of royalty by arbitrarily determining the arm’s length price (“ALP”) of the international transaction as against computed by MSL in accordance with the provisions of the Act read with the Income-tax Rules, 1962 (“Rules”) using TNMM Method and / or CUP and the Company has filed an appeal before ITAT and the same is pending
4 Income tax Department/Assessing Officer 20-Dec-2016 For Assessment year 2012-13,Transfer pricing adjustment amounting to INR� 43,27,43,656 pertaining to payment of royalty by arbitrarily determining the arm’s length price (“ALP”) of the international transaction as against computed by MSL in accordance with the provisions of the Act read with the Income-tax Rules, 1962 (“Rules”) using TNMM Method and / or CUP and the Company has filed an appeal before ITAT For Assessment year 2012-13,Transfer pricing adjustment amounting to INR� 43,27,43,656 pertaining to payment of royalty by arbitrarily determining the arm’s length price (“ALP”) of the international transaction as against computed by MSL in accordance with the provisions of the Act read with the Income-tax Rules, 1962 (“Rules”) using TNMM Method and / or CUP and the Company has filed an appeal before ITAT and the same is pending
5 Income tax Department/Assessing Officer 01-Sep-2017 For Assessment year 2013-14, The TPO benchmarked the manufacturing segment and after adopting new set of comparable under TNMM method, made an adjustment of INR 2,98,05,992 along with adjustment of INR 2,24,267 in respect of inter-unit transfers of semi-finished goods and the Company has filed an appeal before ITAT For Assessment year 2013-14, The TPO benchmarked the manufacturing segment and after adopting new set of comparable under TNMM method, made an adjustment of INR 2,98,05,992 along with adjustment of INR 2,24,267 in respect of inter-unit transfers of semi-finished goods and the Company has filed an appeal before ITAT and the same is pending
6 Income tax Department/Assessing Officer 05-May-2021 For Assessment year 2016-17 Transfer pricing adjustment amounting to INR� 18,09,75,549 pertaining to payment of royalty by arbitrarily determining the arm’s length price (“ALP”) of the international transaction as against computed by MSL in accordance with the provisions of the Act read with the Income-tax Rules, 1962 (“Rules”) using TNMM Method and / or CUP. Further Transfer pricing adjustment amounting to INR� 1,70,78,336 pertaining to manufacturing segment on account of cherry picking of certain comparable companies and the Company has filed an appeal before ITAT For Assessment year 2016-17 Transfer pricing adjustment amounting to INR� 18,09,75,549 pertaining to payment of royalty by arbitrarily determining the arm’s length price (“ALP”) of the international transaction as against computed by MSL in accordance with the provisions of the Act read with the Income-tax Rules, 1962 (“Rules”) using TNMM Method and / or CUP. Further Transfer pricing adjustment amounting to INR� 1,70,78,336 pertaining to manufacturing segment on account of cherry picking of certain comparable companies and the Company has filed an appeal before ITAT and the same is pending.
7 Income tax Department/Assessing Officer 07-Apr-2022 For Assessment year 2017-18, Transfer pricing adjustment amounting to INR� 17,54,70,201 pertaining to payment of royalty by arbitrarily determining the arm’s length price (“ALP”) of the international transaction as against computed by MSL in accordance with the provisions of the Act read with the Income-tax Rules, 1962 (“Rules”) using TNMM Method and / or CUP. Further Transfer pricing adjustment amounting to INR� 2,35,38,892 pertaining to manufacturing segment on account of cherry picking of certain comparable companies and the Company has filed an appeal before ITAT. For Assessment year 2017-18, Transfer pricing adjustment amounting to INR� 17,54,70,201 pertaining to payment of royalty by arbitrarily determining the arm’s length price (“ALP”) of the international transaction as against computed by MSL in accordance with the provisions of the Act read with the Income-tax Rules, 1962 (“Rules”) using TNMM Method and / or CUP. Further Transfer pricing adjustment amounting to INR� 2,35,38,892 pertaining to manufacturing segment on account of cherry picking of certain comparable companies and the Company has filed an appeal before ITAT and the same is pending.
8 Income tax Department/Assessing Officer 15-Jun-2022 For Assessment year 2018-19, Transfer pricing adjustment amounting to INR 13,26,68,832 pertaining to payment of royalty by arbitrarily determining the arm’s length price (“ALP”) of the international transaction as against computed by MSL in accordance with the provisions of the Act read with the Income-tax Rules, 1962 (“Rules”) using TNMM Method and / or CUP. Further, transfer pricing adjustment amounting to INR 1,14,76,800 pertaining to manufacturing segment on account of cherry picking of certain comparable companies and the Company has filed an appeal before ITAT For Assessment year 2018-19, Transfer pricing adjustment amounting to INR 13,26,68,832 pertaining to payment of royalty by arbitrarily determining the arm’s length price (“ALP”) of the international transaction as against computed by MSL in accordance with the provisions of the Act read with the Income-tax Rules, 1962 (“Rules”) using TNMM Method and / or CUP. Further, transfer pricing adjustment amounting to INR 1,14,76,800 pertaining to manufacturing segment on account of cherry picking of certain comparable companies and the Company has filed an appeal before ITAT and the same is pending.
9 Income tax Department/Assessing Officer 29-Aug-2024 For Assessment year 2020-21, Transfer pricing adjustment amounting to INR 30,59,67,825 pertaining to payment of royalty by arbitrarily determining the arm’s length price (“ALP”) of the international transaction as against computed by MSL in accordance with the provisions of the Act read with the Income-tax Rules, 1962 (“Rules”) using TNMM Method and / or CUP. Further, transfer pricing adjustment amounting to INR 1,54,75,557 pertaining to manufacturing segment on account of cherry picking of certain comparable companies and the Company has filed an appeal before ITAT For Assessment year 2020-21, Transfer pricing adjustment amounting to INR 30,59,67,825 pertaining to payment of royalty by arbitrarily determining the arm’s length price (“ALP”) of the international transaction as against computed by MSL in accordance with the provisions of the Act read with the Income-tax Rules, 1962 (“Rules”) using TNMM Method and / or CUP. Further, transfer pricing adjustment amounting to INR 1,54,75,557 pertaining to manufacturing segment on account of cherry picking of certain comparable companies and the Company has filed an appeal before ITAT and the same is pending before ITAT
10 Income tax Department/Assessing Officer 18-Dec-2024 For Assessment year 2021-22, Transfer pricing adjustment amounting to INR 26,93,07,230 pertaining to payment of royalty by arbitrarily determining the arm’s length price (“ALP”) of the international transaction as against computed by MSL in accordance with the provisions of the Act read with the Income-tax Rules, 1962 (“Rules”) using TNMM Method and / or CUP. Further, transfer pricing adjustment amounting to INR 3,32,77,983 pertaining to manufacturing segment on account of cherry picking of certain comparable companies and the Company has filed an appeal before ITAT For Assessment year 2021-22, Transfer pricing adjustment amounting to INR 26,93,07,230 pertaining to payment of royalty by arbitrarily determining the arm’s length price (“ALP”) of the international transaction as against computed by MSL in accordance with the provisions of the Act read with the Income-tax Rules, 1962 (“Rules”) using TNMM Method and / or CUP. Further, transfer pricing adjustment amounting to INR 3,32,77,983 pertaining to manufacturing segment on account of cherry picking of certain comparable companies and the Company has filed an appeal before ITAT and the same is pending before ITAT
11 Income tax Department/Assessing Officer 26-Dec-2025 As per the income tax order, the Income for assessment year 2022-23 was assessed at 2768.90 Lakhs as against returned income of Rs. 489.48 Lakhs due to adjustment of royalty etc payments amounting to 2254.99 Lakhs. Resultant demand of Rs. 703.83 Lakhs including interest. The Company will challenge the same based on strong merits by way of filing appeal before the Income Tax Appellate Tribunal.
12 Employees' State Insurance Corporation 02-Feb-2006 For Financial year 1994-1995 an order is issued by Dy. Director (Rev) of ESIC on 02.02.2006 for an amount of Rs. 53,039/-. For Financial year 1994-1995 an order is issued by Dy. Director (Rev) of ESIC on 02.02.2006 for an amount of Rs. 53,039/-. The report is pending from ESI Court Gurgaon.
13 Employees' State Insurance Corporation 02-Feb-2006 For Financial year 1995-1996 an order is issued by Dy. Director (Rev) of ESIC on 02.02.2006 for an amount of Rs. 12,04,591/-. For Financial year 1995-1996 an order is issued by Dy. Director (Rev) of ESIC on 02.02.2006 for an amount of Rs. 12,04,591/-. Re-inspection has been done and demand is reduced to Rs. 8,40,878 on 18.07.2016. The report is pending from ESI Court Gurgaon.
14 Employees' State Insurance Corporation 20-Feb-2006 For Financial year 1996-1997 an order is issued by Dy. Director (Rev) of ESIC on 20.02.2006 for an amount of Rs. 6,49,999/-. For Financial year 1996-1997 an order is issued by Dy. Director (Rev) of ESIC on 20.02.2006 for an amount of Rs. 6,49,999/-. Re-inspection has been done and demand is reduced to Rs. 2,68.653 on 18.07.2016. The report is pending from ESI Court Gurgaon.
15 Employees' State Insurance Corporation 20-Feb-2006 For Financial year 1997-1998 an order is issued by Dy. Director (Rev) of ESIC on 20.02.2006 for an amount of Rs. 6,69,251/-. For Financial year 1997-1998 an order is issued by Dy. Director (Rev) of ESIC on 20.02.2006 for an amount of Rs. 6,69,251/-. Re-inspection has been done and demand is reduced to Rs. 7,614/- on 18.07.2016. The report is pending from ESI Court Gurgaon.
16 Employees' State Insurance Corporation 20-Feb-2006 For Financial year 2001-2002 an order is issued by Dy. Director (Rev) of ESIC on 20.02.2006 for an amount of Rs. 19,321/-. For Financial year 2001-2002 an order is issued by Dy. Director (Rev) of ESIC on 20.02.2006 for an amount of Rs. 19,321/-. Re-inspection has been done The report is pending from ESI Court Gurgaon.
17 Employees' State Insurance Corporation 09-Mar-2018 For Financial year 2013-2016 an order is issued by Dy. Director of ESIC on 09.03.2018 for an amount of Rs. 39,08,539/-. For Financial year 2013-2016 an order is issued by Dy. Director of ESIC on 09.03.2018 for an amount of Rs. 39,08,539/-. The case is pending before the ESI Court Gurgaon.
18 Goods and service Tax, State tax Dehradun 06-Jul-2024 For Financial Year 2018-19, appeal has been filled against order of The J.C. (Appeals) State Tax, Dehradun for diffecernce in GSTR-3B & GSTR-2A. Initial relevant details and documents submitted with GST department and awaiting reponse