General information about company |
|
|---|---|
| Scrip Code | 509055 |
| NSE Symbol | VISAKAIND |
| MSEI Symbol | NOTLISTED |
| ISIN | INE392A01021 |
| Name of the entity | VISAKA INDUSTRIES 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 | The disclosure requirement related to the acquisition of shares or voting rights in unlisted companies is not applicable to the company for the quarter ended March 31, 2026, as the company has not made any investments in unlisted companies during this period. |
| 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 | The disclosure requirement related to the disclosure of imposition of Fine or Penalty is not applicable to the company for the quarter ended March 31, 2026. |
| 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 | The disclosure requirement related to the disclosure of Loans/ Guarantees/ Comfort Lettes/ Securities Etc. are not applicable to the company for the quarter ended March 31, 2026. |
| Risk management committee | No |
| Market Capitalisation as per immediate previous Financial Year | Top 2000 listed entities |
| Is SCORE ID Available ? | Yes |
| SCORE Registration ID | v00127 |
| Reason For No SCORE ID | |
| Type of Submission | New |
| Remarks (website dissemination) | |
Annexure I |
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| 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. | Vivek Venkatswamy Gaddam | 00011684 | Non-Executive - Non Independent Director | Chairperson | 30-Nov-1958 | No | Active | NA | 18-Jun-1981 | 1 | 0 | 1 | 0 | ||||||||||||
| 2 | Mrs. | Saroja Gaddam | 00012994 | Executive Director | Not Applicable | MD | 26-Nov-1965 | No | Active | NA | 28-Jan-2003 | 24-Oct-2024 | 1 | 0 | 3 | 0 | ||||||||||
| 3 | Mr. | Gaddam Vamsi Krishna | 03544943 | Executive Director | Not Applicable | 10-Feb-1989 | No | Active | NA | 01-Jun-2014 | 06-May-2022 | 1 | 0 | 0 | 0 | |||||||||||
| 4 | Mr. | Gusti Jall Noria | 00015561 | Non-Executive - Non Independent Director | Not Applicable | 14-Oct-1957 | No | Active | NA | 01-Apr-2024 | 1 | 0 | 0 | 0 | ||||||||||||
| 5 | Mr. | Appnender Babu Gogineni | 00034681 | Non-Executive - Independent Director | Not Applicable | 20-Jan-1958 | No | Active | NA | 26-May-2020 | 26-May-2025 | 70.06 | 1 | 1 | 1 | 1 | ||||||||||
| 6 | Mrs. | Vanitha Datla | 00480422 | Non-Executive - Independent Director | Not Applicable | 30-Nov-1967 | No | Active | NA | 26-May-2020 | 26-May-2025 | 70.06 | 2 | 2 | 2 | 2 | ||||||||||
| 7 | Mr. | Sanjay Vijay Singh Jesrani | 02306916 | Non-Executive - Independent Director | Not Applicable | 25-May-1965 | No | Active | NA | 01-Apr-2024 | 24 | 2 | 2 | 3 | 1 | |||||||||||
| 8 | Mr. | Pravin Chelluri | 10568107 | Non-Executive - Independent Director | Not Applicable | 24-Nov-1983 | No | Active | NA | 01-Apr-2024 | 24 | 1 | 1 | 1 | 0 | |||||||||||
Annexure 1 |
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|---|---|
II. Composition of Committees |
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| 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 | 00480422 | Vanitha Datla | Non-Executive - Independent Director | Chairperson | 01-Apr-2021 | ||
| 2 | 02306916 | Sanjay Vijay Singh Jesrani | Non-Executive - Independent Director | Member | 15-May-2024 | ||
| 3 | 00012994 | Saroja Gaddam | Executive Director | Member | 25-Apr-2006 |
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 | 00034681 | Appnender Babu Gogineni | Non-Executive - Independent Director | Chairperson | 01-Apr-2021 | ||
| 2 | 10568107 | Pravin Chelluri | Non-Executive - Independent Director | Member | 15-May-2024 | ||
| 3 | 00011684 | Vivek Venkatswamy Gaddam | Non-Executive - Non Independent Director | Member | 01-Apr-2024 |
Stakeholders Relationship Committee |
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|---|---|---|
| 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 | 00034681 | Appnender Babu Gogineni | Non-Executive - Independent Director | Chairperson | 01-Apr-2021 | ||
| 2 | 10568107 | Pravin Chelluri | Non-Executive - Independent Director | Member | 15-May-2024 | ||
| 3 | 00011684 | Vivek Venkatswamy Gaddam | Non-Executive - Non Independent Director | Member | 31-Mar-2000 | ||
| 4 | 00012994 | Saroja Gaddam | Executive Director | Member | 26-Oct-2009 |
Risk Management Committee |
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|---|---|
| Whether the Risk Management Committee has a Regular Chairperson | |
| Sr | DIN Number | Name of Committee members | Category 1 of directors | Category 2 of directors | Date of Appointment | Date of Cessation | Remarks |
|---|---|---|---|---|---|---|---|
| 1 | 00480422 | Vanitha Datla | ID | Chairperson | 26-Jul-2021 | ||
| 2 | 00034681 | Appnender Babu Gogineni | ID | Member | 01-Apr-2024 | ||
| 3 | 02306916 | Sanjay Vijay Singh Jesrani | ID | Member | 15-May-2024 | ||
| 4 | 03544943 | Gaddam Vamsi Krishna | ED | Member | 01-Apr-2021 |
Annexure 1 |
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|---|---|---|---|---|---|---|---|---|
| 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 | 13-Nov-2025 | Yes | 8 | 8 | 4 | |||
| 2 | 09-Feb-2026 | 87 | Yes | 8 | 7 | 3 | ||
Annexure 1 |
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|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 13-Nov-2025 | Yes | 3 | 3 | 2 | 5 | |||
| 2 | Audit Committee | 09-Feb-2026 | 87 | Yes | 3 | 3 | 2 | 7 | ||
Annexure 1 |
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|---|---|---|
| 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) | NA |
| 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 |
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|---|---|---|
| Sr | Subject | Compliance status |
| 1 | Name of signatory | Ramakanth Kunapuli |
| 2 | Designation | Company Secretary and Compliance Officer |
Details of Cyber security incidence |
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|---|---|---|
| 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://visaka.co/investors/business_details | |
| 1.2 | Memorandum of Association and Articles of Association | Yes | https://visaka.co/assets/website/files/investors/MOA_and_AOA_Viasaka.pdf | |
| 1.3 | Brief profile of board of directors including directorship and full time positions in body corporates | Yes | https://visaka.co/about/management_board | |
| 2 | Terms and conditions of appointment of independent directors | Yes | https://visaka.co/investors/terms_conditions_familiarization | |
| 3 | Composition of various committees of board of directors | Yes | https://visaka.co/investors/composition_board | |
| 4 | Code of conduct of board of directors and senior management personnel | Yes | https://visaka.co/assets/website/files/investors/VIL-Code-of-Conduct-Directors.pdf | |
| 5 | Details of establishment of vigil mechanism or whistle blower policy | Yes | https://visaka.co/assets/website/files/investors/Vigil-Mechanism-Whistle-Blower-Policy.pdf | |
| 6 | Criteria of making payments to non-executive directors | Yes | https://visaka.co/assets/website/files/investors/nomination-remuneration-policy.pdf | |
| 7 | Policy on dealing with related party transactions | Yes | https://visaka.co/assets/website/files/investors/Related-Party-Transactions-Policy.pdf | |
| 8 | Policy for determining material subsidiaries | NA | ||
| 9 | Details of familiarization programmes imparted to independent directors | Yes | https://visaka.co/investors/terms_conditions_familiarization | |
| 10 | Contact information of the designated officials of the listed entity who are responsible for assisting and handling investor grievances | Yes | https://visaka.co/investors | |
| 11 | Email address for grievance redressal and other relevant details | Yes | https://visaka.co/investors/contact-details | |
| 12 | Financial results | Yes | https://visaka.co/investors/financial_information/fn_results | |
| 13 | Shareholding pattern | Yes | https://visaka.co/investors/shareholding_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://visaka.co/investors/analysts_investors_meet | |
| 15.2 | Audio or video recordings and transcripts of post earnings/quarterly calls | Yes | https://visaka.co/investors/analysts_investors_meet | |
| 16 | New name and the old name of the listed entity | NA | ||
| 17 | Advertisements as per regulation 47 (1) | Yes | https://visaka.co/investors/adv_newspaper | |
| 18 | Credit rating or revision in credit rating obtained | Yes | https://visaka.co/investors/credit_rating_info | |
| 19 | Separate audited financial statements of each subsidiary of the listed entity | Yes | https://visaka.co/investors/financial_information/fn_subcomfin | |
| 20 | Secretarial compliance report | Yes | https://visaka.co/investors/sec_com_rep | |
| 21 | Materiality policy as per regulation 30 (4) | Yes | https://visaka.co/assets/website/files/investors/policy-on-determination-of-materiality-of-the-events-for-disclosures.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://visaka.co/investors/info_und_reg/iur_kmp | |
| 23 | Disclosures under regulation 30(8) | Yes | https://visaka.co/investors/info_und_reg | |
| 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://visaka.co/assets/website/files/investors/Dividend_Distribution_Policy.pdf | |
| 26.1 | Annual return as provided under section 92 of the Companies Act 2013 | Yes | https://visaka.co/investors/financial_information/fn_annual_returns | |
| 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://visaka.co/investors | |
| 28 | Compliance with regulation 46(3) with respect to accuracy of disclosures on the website and timely updation | Yes | https://visaka.co/investors | |
| 29 | Disclosure of notes on website in terms of Listing Regulations explanatory | |||
Annexure II |
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|---|---|---|---|---|
| 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) | 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) | 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 | NA |
| Any other information to be provided | ||
| Annexure II | ||
|---|---|---|
| 1 | Name of signatory | Ramakanth Kunapuli |
| 2 | Designation | Company Secretary and Compliance Officer |
Additional Half yearly Disclosure |
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|---|---|---|---|
| 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 | Ramakanth Kunapuli |
| Designation of person | Company Secretary and Compliance Officer |
| Place | Secunderbad |
| Date | 27-Apr-2026 |
Investor Grievance Details |
|
|---|---|
| No. of investor complaints pending at the beginning of Quarter | 0 |
| No. of investor complaints received during the Quarter | 1 |
| No. of investor complaints disposed off during the Quarter | 1 |
| 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- |
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|---|---|---|---|---|---|
| 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 |
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|---|---|---|---|---|---|
| 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 |
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|---|---|---|---|---|---|
| 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 | State Tax Officer, Intelligence Division, SGST, Salem, Tamil Nadu | 16-Oct-2024 | Order received for the year 2022-23 under Section 74 of TNGST/CGST Act, 2017 with the demand of Tax Rs. 1.63 Lacs, Interest Rs. 0.44 Lacs and Penalty Rs. 2.48 Lacs due to disallowance of input tax credit availed. There is no material impact on financials. The company has filed an appeal and pending before the Appellate Authority, Salem, Tamil Nadu as the input tax credit is properly availed as per the ITC provisions under GST Act, 2017. | No change from the last disclosure. | |
| 2 | State Tax Officer, Intelligence Division, SGST, Salem, Tamil Nadu | 16-Oct-2024 | Order received for the year 2021-22 under Section 74 of TNGST/CGST Act, 2017 with the demand of Tax Rs. 0.56 Lacs, Interest Rs. 0.25 Lacs and Penalty Rs. 0.95 Lacs due to disallowance of input tax credit availed. There is no material impact on financials. The company has filed an appeal and pending before the Appellate Authority, Salem, Tamil Nadu as the input tax credit is properly availed as per the ITC provisions under GST Act, 2017. | No change from the last disclosure. | |
| 3 | State Tax Officer, Intelligence Division, SGST, Salem, Tamil Nadu | 16-Oct-2024 | Order received for the year 2019-20 under Section 74 of TNGST/CGST Act, 2017 with the demand of Tax Rs. 16.79 Lacs, Interest Rs. 13.57 Lacs and Penalty Rs. 17.19 Lacs due to disallowance of input tax credit availed. There is no material impact on financials. The company has filed an appeal and pending before the Appellate Authority, Salem, Tamil Nadu as the input tax credit is properly availed as per the ITC provisions under GST Act, 2017. | No change from the last disclosure. | |
| 4 | State Tax Officer, Intelligence Division, SGST, Salem, Tamil Nadu | 16-Oct-2024 | Order received for the year 2018-19 under Section 74 of TNGST/CGST Act, 2017 with the demand of Tax Rs. 32.57 Lacs, Interest Rs. 32.18 Lacs and Penalty Rs. 32.97 Lacs due to disallowance of input tax credit availed. There is no material impact on financials. The company has filed an appeal and pending before the Appellate Authority, Salem, Tamil Nadu as the input tax credit is properly availed as per the ITC provisions under GST Act, 2017. | No change from the last disclosure. | |
| 5 | State Tax Officer, Intelligence Division, SGST, Salem, Tamil Nadu | 10-Oct-2024 | Order received for the year 2020-21 under Section 74 of TNGST/CGST Act, 2017 with the demand of Tax Rs. 14.09 Lacs, Interest Rs. 8.79 Lacs and Penalty Rs. 14.50 Lacs due to disallowance of input tax credit availed. There is no material impact on financials. The company has filed an appeal and pending before the Appellate Authority, Salem, Tamil Nadu as the input tax credit is properly availed as per the ITC provisions under GST Act, 2017. | No change from the last disclosure. | |
| 6 | Assistant Commissioner of State Tax, SGST, Namakkal, Tamil Nadu | 22-Aug-2024 | Order received for the year 2019-20 under Section 73 of TNGST/CGST Act, 2017 with the demand of Tax Rs.28.68 Lacs, Interest Rs.28.50 Lacs and Penalty Rs. 2.87 Lacs due to disallowance of ITC. There is no material impact on financials. The company has filed an appeal and pending before the Appellate Authority, Salem, Tamil Nadu as the input tax credit is properly availed as per the ITC provisions under GST Act, 2017. | No change from the last disclosure. | |
| 7 | Assistant Commissioner of State Tax, SGST, Namakkal, Tamil Nadu | 12-May-2024 | Order received for the year 2017-18 under Section 74 of TNGST/CGST Act, 2017 with the demand of Tax Rs.18.03 Lacs, Interest Rs.10.67 Lacs and Penalty Rs. 17.23 Lacs due to disallowance of ITC.There is no material impact on financials. The company has filed an appeal and pending before the Appellate Authority, Salem, Tamil Nadu as the input tax credit is properly availed as per the ITC provisions under GST Act, 2017. | No change from the last disclosure. | |
| 8 | State Tax Officer, Intelligence Division, SGST, Salem, Tamil Nadu | 28-Dec-2023 | Order received for the year 2017-18 under Section 74 of TNGST/CGST Act, 2017 with the demand of Tax Rs.7.86 Lacs, Interest Rs.8.11 Lacs and Penalty Rs. 7.86 Lacs due to liability under reverse charge mechanism. There is no material impact on financials. as the liability under reverse charge mechanism discharged properly as per the RCM provisions under CGST Act, 2017. | No change from the last disclosure. | |
| 9 | Assistant Commissioner of State Tax, SGST, Patna, Bihar | 18-May-2023 | Order received for the year 2018-19 under Section 73 of CGST/BGST Act, 2017 with the demand of Tax Rs.5.70 Lacs, Interest Rs.4.23 Lacs and Penalty Rs. 0.66 Lacs due to disallowance of Input Tax Credit availed. The company made provision partially amounting to Rs.5.12 Lacs out of total demand of Rs. 10.59 Lacs as there is no financial impact for the balance demand amount of Rs.5.47 Lacs and no contravention as per CGST/BGST Act, 2017 involved. The Company preferred to file appeal before Tribunal (in abeyance, waiting for constitutinalisation of Tribunal). | No change from the last disclosure. | |
| 10 | Commissioner of GST & Customs (Appeals), Guntur, A.P | 31-Mar-2022 | The Company has received the Order for the period Nov'10, Dec'10 & Nov'14 to Jan'17 pertains to demand of refunds already sanctioned towards Excise duty on provisional assessment amounting to Rs.86.54 Lacs by invoking Section 11A of Central Excise Act, 1944. There is no material impact on financials. due to the issue pertains to demand of refunds already sanctioned contrary to statutory provisions and settled judicial decisions. The company has filed appeal and pending before the CESTAT, Hyderbad. | No change from the last disclosure. | |
| 11 | Assistant Commissioner of CGST & Central Excise, Nagpur, Maharastra | 11-Jun-2021 | The Company has received the Demand Order for the period Jul'05 to Oct'06 imposing Service Tax Rs. 2.21 Lacs under Section 75 of Finance Act, 1994 & Penalty Rs. 2.20 Lacs on disallowance of ITC under rule 15 of CENVAT Credit Rules 2004 read with Section 11AC of the Central Excise Act, 1944. There is no material impact on the financials as the principal tax amount was already paid and hence the invoking Penalty and Interest is contrary to statutory provisions and judicial decisions. The company has filed an appeal and pending before the CESTAT, Mumbai. | No change from the last disclosure. | |
| 12 | Assistant Commissioner of CGST & Central Excise, Nagpur, Maharastra | 11-Jun-2021 | The Company has received the Demand Order for the period Nov'06 to Jan'07 imposing Penalty Rs. 41.69 Lacs on disallowance of ITC under rule 15 of CENVAT Credit Rules 2004 read with Section 11AC of the Central Excise Act, 1944. There is no material impact on the financials as the principal tax amount was paid and hence the invoking Penalty is contrary to statutory provisions and judicial decisions. The company has filed an appeal and pending before the CESTAT, Mumbai | No change from the last disclosure. | |
| 13 | Assistant Commissioner of CGST & Central Excise, Nagpur, Maharastra | 01-Apr-2021 | The Company has received the Demand Order for the period Apr'06 to Feb'07 that pertains to Service Tax Rs.5.83 Lacs under section 73(2) of the Finance Act, 1994 read with the Section 11(A) & Section 11(AB) of Central Excise Act, 1944 in respect of payment of service tax under reverse charge mechanism & imposed Interest in Rs.3.73 Lacs under Section 75 of Finance Act, 1994 & Penalty in Rs. 3.73 Lacs under Section 76 of the Finance Act, 1994. There is no material impact on the financials due to the same issue already decided in favor of the Company by various appellate Authorities / Tribunal. The company has filed an appeal and pending before the CESTAT, Mumbai. | No change from the last disclosure. | |
| 14 | Deputy Commissioner of State Tax, Raibareily, Uttar Pradesh | 27-Dec-2019 | Order received for the period Apr to Jun'17 from Appellate authority with the demand of VAT Rs. 71.31 Lacs due to dispute in turnover. There is no material impact on financials. Appeal filed before Tribunal and order passed on 07.08.25 confirming the orders of 1st appellate authority, The company has filed an appeal on 27.09.2025 and pending before Lucknow bench of High Court of Judicature at Allahabad, as we have discharged VAT properly as per VAT Act, 2008. | No change from the last disclosure. | |
| 15 | Deputy Commissioner of State Tax, Raibareily, Uttar Pradesh | 27-Dec-2019 | Order received for the period Apr to Jun'17 from Appellate authority with the demand of CST Rs. 1.02 Lacs due to dispute in turnover. There is no material impact on financials.Appeal filed before Tribunal and order passed on 07.08.25 confirming the orders of 1st appellate authority, The company has filed an appeal on 27.09.2025 and pending before Lucknow bench of High Court of Judicature at Allahabad, as we have discharged CST properly as per CST Act, 1956. | No change from the last disclosure. | |
| 16 | Deputy Commissioner of Sales Tax, Bhubaneshwar, Odisha | 01-Aug-2012 | Order received for the period Oct'09 to Mar'11 from Appellate authority with the demand of VAT Rs. 10.32 Lacs and Penalty Rs. 20.65 Lacs due to disallowance of net depot breakages. The company made provision against demanded amount by filing appeal. There is no material impact on financial. Appeal is pending before theTribunal, Cuttack as the VAT discharged properly as per VAT Act, 2004. | No change from the last disclosure. | |
| 17 | Deputy Commissioner of Sales Tax, Bhubaneshwar, Odisha | 01-Aug-2012 | Order received for the period Oct'09 to Mar'11 from Appellate authority with the demand of Entry Tax Rs. 7.13 Lacs and Penalty Rs. 14.25 Lacs due to variance in taxable value. The company made provision against demanded amount by filing appeal. Appeal is pending before theTribunal, Cuttack as the Entry Tax dischared properly as per Orissa Entry Tax Act, 1999. | No change from the last disclosure. | |
| 18 | Assistant Commissioner of Revenue, Ofice of the Charge Oficer, Commercial Taxes, Midnapore, W.B | 18-Jun-2025 | Order received under u/s 73 of the GST Act, 2017 for the period 2023-24 from Assistant Commissioner of Revenue, Commercial taxes with the demand of IGST Tax Rs. 10.58 Lacs with Intrest Rs.2.52 Lacks and Penalty Rs. 1.06 Lacs due to Excess Availemnet of Import -IGST-ITC. There is no material impact on financials and pending before the Appellate Authority, Commercial taxes, Midnapore/Kolkatta as we have availed the ITC properly as per GST Act, 2017. | No change from the last disclosure. | |
| 19 | Assistant Commissioner, Commercial Taxes Dept, NAMAKKAL, Salem, Tamilnadu. | 07-Jul-2025 | Showcause notice received for the year 2024-25 under Section 73 of the GST Act, 2017 from Assistant Commissioner (SGST), Namakkal with the demand of Tax Rs.12.84 Lacs, Interest Rs.0.49 Lacs and Penalty Rs.1.28 Lacs due to difference in Reverse charge liability decalred and ITC calimed. There is no material impact on financials. The company has filed an Reply and pending before the Assistant Commissioner, Namakkal as the input tax credit inrespect to RCM is properly availed as per the ITC provisions under GST Act, 2017. | The Company submitted a detailed reply substantiating that the RCM liability was duly discharged and the corresponding ITC was correctly availed. However, the adjudicating authority, without proper consideration of the facts, has confirmed the demand and issued Form DRC-07 Order on 26.03.2026. The Company is in the process of filing an appeal before the Appellate Authority, Salem, Tamilnadu and is confident of a favorable outcome. Accordingly, there is no material impact on the financial statements at this stage. | |
| 20 | Assistant Commissioner, Commercial Taxes Dept, NAMAKKAL, Salem, Tamilnadu. | 26-Jul-2025 | Order received for the year 2021-22 under Section 73 of the GST Act, 2017 from Assistant Commissioner (SGST), Namakkal with the demand of Tax Rs.57.76 Lacs, Interest Rs.45.43 Lacs and Penalty Rs. 5.77 Lacs due to excess claimed of ITC on Credit notes reflected in GSTR-2A. There is no material impact on financials. The company has filed an appeal which is presently pending before the Appellate Authority, Salem, Tamil Nadu. The appellant submits that the ITC has been correctly availed in accordance with the provisions of the GST Act, 2017. It is further submitted that the values adopted by the department in respect of ITC on credit notes, as reflected in GSTR-2A, are incorrect and do not pertain to the appellant’s actual data. | No change from the last disclosure. | |