Integrated Filing-Governance



General information about company

Scrip Code 541956
NSE Symbol IRCON
MSEI Symbol NOTLISTED
ISIN INE962Y01021
Name of the entity Ircon International 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 Ircon Bhoj Morbe Expressway Limited, is special purpose Vehicle (SPV) formed by IRCON under the Companies Act, 2013 (as wholly owned subsidiaries) for execution of Road & Highway Projects of National Highways Authority of India (NHAI). During the quarter ended March, 2026, IRCON has made investment of Rs.5.98 Crore in Ircon Bhoj Morbe Expressway Limited, as per the progress of the PPP project. As 100% equity is held by IRCON, there is no percentage change in holding of IRCON as at the end of period Q3 for FY 2025-26 and Q4 for FY 2025-26, accordingly, the disclosure requirement 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? 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 NIL
Risk management committee Yes
Market Capitalisation as per immediate previous Financial Year Top 500 listed entities
Is SCORE ID Available ? Yes
SCORE Registration ID COMI00208
Reason For No SCORE ID
Type of Submission Original
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 As on 31.03.2026, the total strength of BoD is 7 directors comprising 4 Functional Directors and 2 Government Nominee Directors and 1 Independent Director. The Company being a Govt. Company, the appointment of Independent Directors is made by Ministry of Railways, Govt. of India and the IRCON has no role to play in the appointment of any Director including Independent Directors/Woman Director unless nominated by the Government of India. IRCON has been continuously requesting MoR for the appointment of requisite number of Independent Directors (including Woman Independent Director) on the Board of the Company.
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. Hari Mohan Gupta 08453476 Executive Director Chairperson CEO-MD 01-Jul-1966 No Active NA 01-Jul-2024 1 0 0 0
2 Mrs. Ragini Advani 09575213 Executive Director Not Applicable 15-Feb-1975 No Active NA 19-Apr-2022 1 0 2 1
3 Mr. Ajit Kumar Mishra 11108237 Executive Director Not Applicable 04-Apr-1973 No Active NA 15-May-2025 1 0 0 0
4 Mr. Sudhir Singh 11288339 Executive Director Not Applicable 22-Feb-1977 No Inactive NA 02-Jan-2026 13-Feb-2026 0 0 0 0 Others
5 Mr. Rajesh Naik 11543707 Executive Director Not Applicable 20-May-1970 No Active NA 13-Feb-2026 1 0 0 0
6 Mr. Anupum Singh 10637375 Non-Executive - Nominee Director Not Applicable 31-May-1975 No Active NA 06-Nov-2024 1 0 1 0
7 Mr. Anand Bhatia 10937265 Non-Executive - Nominee Director Not Applicable 05-Apr-1967 No Active NA 04-Feb-2025 1 0 2 1
8 Mr. Varadharajan T 08556664 Non-Executive - Independent Director Not Applicable 17-Nov-1978 No Active NA 15-May-2025 15-May-2025 10.16 1 1 2 1



Annexure 1

II. Composition of Committees
Disclosure of notes on composition of committees explanatory .The Composition of Audit and Nomination & Remuneration Committee is not in compliance with the provisions of the Companies Act, 2013 and SEBI (LODR) Regulations, 2015, due to not having sufficient number of Independent Directors on the Board of IRCON. The Company being a Govt. Company, the appointment of Independent Directors is made by Ministry of Railways, Govt. of India and the IRCON has no role to play in the appointment of any Director including Independent Directors/Woman Director unless nominated by the Government of India. IRCON has been continuously requesting MoR for the appointment of requisite number of Independent Directors (including Woman Independent Director) on the Board of the Company.



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 08556664 Varadharajan T Non-Executive - Independent Director Chairperson 15-May-2025
2 10637375 Anupum Singh Non-Executive - Nominee Director Member 09-Nov-2024
3 10937265 Anand Bhatia Non-Executive - Nominee Director Member 15-May-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 08556664 Varadharajan T Non-Executive - Independent Director Chairperson 15-May-2025
2 10637375 Anupum Singh Non-Executive - Nominee Director Member 09-Nov-2024
3 10937265 Anand Bhatia Non-Executive - Nominee Director Member 15-May-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 10937265 Anand Bhatia Non-Executive - Nominee Director Chairperson 04-Feb-2025
2 09575213 Ragini Advani Executive Director Member 27-May-2022
3 08556664 Varadharajan T Non-Executive - Independent Director Member 15-May-2025



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 11108237 Ajit Kumar Mishra ED Member 15-May-2025 03-Feb-2026
2 09575213 Ragini Advani ED Member 27-May-2022
3 08556664 Varadharajan T ID Member 15-May-2025
4 11108237 Ajit Kumar Mishra ED Chairperson 03-Feb-2026
5 11288339 Sudhir Singh ED Member 03-Feb-2026 13-Feb-2026
6 11543707 Rajesh Naik ED Member 13-Feb-2026



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 17-Oct-2025 Yes 7 6 1
2 12-Nov-2025 25 Yes 7 7 1
3 03-Feb-2026 82 Yes 7 7 1
4 11-Feb-2026 7 Yes 7 6 1



Annexure 1
IV. Meeting of Committees
Disclosure of notes on meeting of committees explanatory The requirement of quorum of Audit committee meeting as per SEBI (LODR) could not be met due to insufficent number of Independent Directors. IRCON, being a Government Company, all Directors in IRCON are appointed by the Government of India through its Administrative Ministry i.e., Ministry of Railways (MoR) and IRCON has no role to play in the appointment of any Director including Independent Directors/Woman Director unless nominated by the Government of India. IRCON has been continuously requesting MoR for the appointment of requisite number of Independent Directors (including Woman Independent Director) on the Board of the Company.
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 17-Oct-2025 Yes 3 2 1 0
2 Audit Committee 12-Nov-2025 25 Yes 3 3 1 0
3 Audit Committee 11-Feb-2026 90 Yes 3 2 1 0
4 Nomination and remuneration committee 17-Oct-2025 Yes 3 2 1 0
5 Nomination and remuneration committee 11-Feb-2026 116 Yes 3 2 1 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 No
2 The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015 a. Audit Committee No
3 The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. b. Nomination & remuneration committee No
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: For Point No.1 As on 31.03.2026, the total strength of BoD is 7 directors comprising 4 Functional Directors and 2 Government Nominee Directors and 1 Independent Director. IRCON, being a Government Company, all Directors in IRCON are appointed by the Government of India through its Administrative Ministry i.e., Ministry of Railways (MoR) and IRCON has no role to play in the appointment of any Director including Independent Directors/Woman Director unless nominated by the Government of India. IRCON has been continuously requesting MoR for the appointment of requisite number of Independent Directors (including Woman Independent Director) on the Board of the Company, thus the composition of BoD are not in compliance. Further, For Point No.2 and 3 Due to absence of sufficient number of Independent Directors on the Board of the Company, as mentioned above, the composition of Audit Committee and Nomination & Remuneration Committee, are not in compliance. The Company being a Government Company has no role in the matter. Further, Point No. 7 During the quarter, the Board Meetings were conducted in compliance with the provisions of SEBI (LODR) Regulations, 2015. However, due to the non-availability of the sufficient number of Independent Directors on the Board of IRCON, as mentioned above, the Audit Committee Meeting was not conducted in line with the quorum requirements under the provisions of SEBI (LODR) Regulations, 2015. The Company being a Government Company has no role in the matter.



Annexure 1
Sr Subject Compliance status
1 Name of signatory Pratibha Aggarwal
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.ircon.org/company/about-us
1.2 Memorandum of Association and Articles of Association Yes https://ircon.org/sites/default/files/2025-09/MOAAOA.pdf
1.3 Brief profile of board of directors including directorship and full time positions in body corporates Yes https://www.ircon.org/company/board-directors, https://www.ircon.org/investor-relations/directorship-and-full-time-position
2 Terms and conditions of appointment of independent directors Yes https://www.ircon.org/sites/default/files/2025-06/T%20%26%20C%20for%20Appointment%20of%20Independent%20%20Directors.pdf
3 Composition of various committees of board of directors Yes https://www.ircon.org/investor-relations/board-committee
4 Code of conduct of board of directors and senior management personnel Yes https://www.ircon.org/sites/default/files/2025-02/CODE_OF_BUSINESS_CONDUCT_AND_ETHICS_FOR_BOARD_MEMBERS_AND_SENIOR_MANAGEMENT.pdf
5 Details of establishment of vigil mechanism or whistle blower policy Yes https://www.ircon.org/sites/default/files/2025-02/Whistle-Blower-Policy.pdf
6 Criteria of making payments to non-executive directors Yes https://www.ircon.org/sites/default/files/2025-08/IRCON_Annual_Report_2024_25_Web.pdf
7 Policy on dealing with related party transactions Yes https://www.ircon.org/sites/default/files/2025-02/RPTPolicyFinal16012025.pdf
8 Policy for determining material subsidiaries Yes https://www.ircon.org/sites/default/files/2025-02/Policy-on-Material-SubsidiariesFinal15012025.pdf
9 Details of familiarization programmes imparted to independent directors Yes https://www.ircon.org/sites/default/files/2026-04/Details_of_Familiarization_Programme_for_Directors.pdf
10 Contact information of the designated officials of the listed entity who are responsible for assisting and handling investor grievances Yes https://www.ircon.org/investors-contact
11 Email address for grievance redressal and other relevant details Yes https://www.ircon.org/investors-contact
12 Financial results Yes https://www.ircon.org/investor-relations/financial-reporting/quarterly-reports
13 Shareholding pattern Yes https://www.ircon.org/investor-relations/shareholders-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 Yes https://www.ircon.org/Investor-Relations/presentation-and-earning-calls
15.2 Audio or video recordings and transcripts of post earnings/quarterly calls Yes https://www.ircon.org/Investor-Relations/presentation-and-earning-calls
16 New name and the old name of the listed entity NA
17 Advertisements as per regulation 47 (1) Yes https://www.ircon.org/investor-relations/notices-and-other-announcements/other-announcements
18 Credit rating or revision in credit rating obtained Yes https://www.ircon.org/credit-rating
19 Separate audited financial statements of each subsidiary of the listed entity Yes https://www.ircon.org/company/subsidiaries-and-group-companies
20 Secretarial compliance report Yes https://www.ircon.org/investor-relations/annual-secretarial-compliance-report
21 Materiality policy as per regulation 30 (4) Yes https://www.ircon.org/sites/default/files/2025-02/Policy_on_Disclosure_of_Material_Events_Final_27012025.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://www.ircon.org/investors-contact
23 Disclosures under regulation 30(8) Yes https://www.ircon.org/investor-relations/notices-and-other-announcements/other-announcements
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://www.ircon.org/sites/default/files/2025-02/Dividend%20Distribution%20Policy.pdf
26.1 Annual return as provided under section 92 of the Companies Act 2013 Yes https://www.ircon.org/investor-relations/financial-reporting/annual-return
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.ircon.org/
28 Compliance with regulation 46(3) with respect to accuracy of disclosures on the website and timely updation Yes https://www.ircon.org/
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) No As on 31.03.2026, the total strength of BoD is 7 directors comprising 4 Functional Directors and 2 Government Nominee Directors and 1 Independent Director. IRCON, being a Government Company, all Directors in IRCON are appointed by the Government of India through its Administrative Ministry i.e., Ministry of Railways (“MoR”) and IRCON has no role to play in the appointment of any Director including Independent Directors/Woman Director unless nominated by the Government of India. IRCON has been continuously requesting MoR for the appointment of requisite number of Independent Directors (including Woman Independent Director) on the Board of the Company, thus the composition of BoD are not in compliance.
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) NA
13 Recommendation of Board 17(11) Yes
14 Maximum number of Directorships 17A Yes
15 Composition of Audit Committee 18(1) No The composition of the Audit Committee as on 31st March, 2026 was comprising of one Independent Director (appointed on the Board w.e.f. 15th May, 2025, pursuant to order of Ministry of Railways) and two Govt. Nominee (part-time official) directors on the Board of IRCON. The composition was in compliance upto 07.11.2024. However, consequent upon end of tenure of three Independent Directors on 8th November, 2024 and one Independent Director on 28.12.2024, the Audit Committee was not having requisite no. of Independent Directors. In this regard, the Company, being a Govt. Company, has been continuously following up with the Ministry of Railways for appointment of requisite no. of Independent Directors.
16 Meeting of Audit Committee 18(2) No The quorum for a meeting of the Audit Committee Meeting is not complied due to non-availability of suficient number of Independent Directors.
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) No The composition of NRC as on 31st March, 2026 was comprising of one Independent Director (appointed on the Board w.e.f. 15th May, 2025, pursuant to order of Ministry of Railways) and two Govt. Nominee (part-time official) Directors on the Board of IRCON. The composition of the Nomination and Remuneration Committee was in compliance upto 7th November, 2024. However, consequent upon the end of the tenure of three Independent Directors on the Board of IRCON on 8th November,2024 and one Independent Director on 28.12.2024, the Nomination and Remuneration Committee was not having requisite no. of Independent Directors. The Company, being a Govt. Company, has been continuously requesting Ministry of Railways for appointment of sufficient number of Independent Directors on the Board of the Company.
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) No In FY 2025-26, the Board was having only one Independent Director, appointed w.e.f. 15th May, 2025, pursuant to the order of Ministry of Railways.
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) NA
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 Pratibha Aggarwal
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 Pratibha Aggarwal
Designation of person Company Secretary and Compliance Officer
Place New Delhi
Date 28-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
1 National Stock Exchange of India Limited Fine 27-Feb-2026 National Stock Exchange of India Limited vide their email dated 27th February, 2026 have levied fine of Rs. 9,77,040/- each (incl. GST) on the Company for the non-compliance with Regulation 17(1), 18(1) and 19(1)/19(2) i.e. non-compliance for the composition of the Board and its committees for the quarter ended 31st December, 2025. The fine imposed on the Company has no impact on the financial, operation or other activities of the Company. However, the Company has identified the same under “contingent liability” in the financial statements of the Company. On attaining compliance with the above Regulations of SEBI (LODR) upon appointment of the requisite number of Directors by MoR, the Company will be eligible for the waiver of fines as per the SEBI’s policy for exemption of fines. It may be noted that in earlier instances of non-compliance, NSE & BSE had already waived off fine imposed on the Company upon attaining the requisite compliances.
2 BSE Limited Fine 27-Feb-2026 BSE Limited vide their email dated 27th February, 2026 have levied fine of Rs. 9,77,040/- each (incl. GST) on the Company for the non-compliance with Regulation 17(1), 18(1) and 19(1)/19(2) i.e. non-compliance for the composition of the Board and its committees for the quarter ended 31st December, 2025. Same as above


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 The state of Bihar & Anr. 21-Apr-2018 The hearing before the Patna High Court pertaining to the Ganga Bridge Project executed by IRCON, has concluded in December 2025. The Patna High court has issued the order dated: 25.02.26 whereby they had rejected IRCON petition and upheld the orders of the assessing authority Thereby confirming the demand. Out of the above demand of Rs.108.75 an amount of Rs. 27.39 Crore has already been deposited by IRCON, Net demand is of Rs. 81.36 and up to date interest calculation are yet to be made by the VAT department. IRCON has preferred an SLP (Special Leave Petition) before the Supreme Court. The matter came up for hearing before the Supreme Court on 16.03.2026 and the SC issued notice to the VAT department and has granted stay in the matter to IRCON against the recovery of the demand till the disposal of the petition The matter is subjudice before the Supreme Court and next date of hearing is 24th April 2026.
2 Commercial Trade Tax, Uttar Pradesh, Lucknow 12-Oct-2023 The matter pertainig the Railway Coach Factory (RCF) Raibareli VAT case for the year 2014-15, is sub – judice before the Lucknow bench of Allahabad High Court. The matter is subjudice before Lucknow Bench of Allahabad High Court and the next date of hearing is not scheduled as on date.