Integrated Filing-Governance



General information about company

Scrip Code 544576
NSE Symbol LGEINDIA
MSEI Symbol NOTLISTED
ISIN INE324D01010
Name of the entity LG ELECTRONICS INDIA 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 Company has not made any acquisition of shares or voting rights in unlisted companies during the reporting 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 Not Applicable.
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 Not Applicable.
Risk management committee No
Market Capitalisation as per immediate previous Financial Year Top 100 listed entities
Is SCORE ID Available ? Yes
SCORE Registration ID Coml00288
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
Whether the listed entity has a Regular Chairperson Yes
Whether Chairperson is related to MD or CEO No Disqualification of Directors under section 164 of the Companies Act, 2013
Sr Title (Mr / Ms) Name of the Director PAN DIN Category 1 of directors Category 2 of directors Category 3 of directors Date of Birth Whether the director is disqualified? Start Date of disqualification End Date of disqualification Details of disqualification Current status Whether special resolution passed? [Refer Reg. 17(1A) of Listing Regulations] Date of passing special resolution Initial Date of appointment Date of Re-appointment Date of cessation Tenure of director (in months) No of Directorship in listed entities including this listed entity (Refer Regulation 17A of Listing Regulations) No of Independent Directorship in listed entities including this listed entity [with reference to proviso to regulation 17A(1) & 17A(2)] Number of memberships in Audit/ Stakeholder Committee(s) including this listed entity (Refer Regulation 26(1) of Listing Regulations) No of post of Chairperson in Audit/ Stakeholder Committee held in listed entities including this listed entity (Refer Regulation 26(1) of Listing Regulations) Reason for Cessation Notes for not providing PAN Notes for not providing DIN
1 Mr. Daehyun Song 10835809 Non-Executive - Non Independent Director Chairperson 12-Dec-1958 No Active NA 18-Nov-2024 1 0 1 1
2 Mr. Hong Ju Jeon 10041232 Executive Director Not Applicable MD 07-Oct-1969 No Active NA 31-Jan-2023 1 0 1 0
3 Mr. Dongmyung Seo 09481866 Executive Director Not Applicable 08-Apr-1969 No Active NA 27-Jan-2022 1 0 1 0
4 Mr. Santosh Kumar Mohanty 06690879 Non-Executive - Independent Director Not Applicable 09-Jul-1961 No Active NA 19-Nov-2024 19-Nov-2024 16.12 4 4 7 3
5 Mr. Ramesh Ramachandran Nair 02528707 Non-Executive - Independent Director Not Applicable 01-Jun-1969 No Active NA 19-Nov-2024 19-Nov-2024 16.12 1 1 1 0
6 Mrs. Promila Bhardwaj 06428534 Non-Executive - Independent Director Not Applicable 25-Dec-1954 No Active NA 19-Nov-2024 19-Nov-2024 16.12 3 3 4 1



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 06690879 Santosh Kumar Mohanty Non-Executive - Independent Director Chairperson 19-Nov-2024
2 06428534 Promila Bhardwaj Non-Executive - Independent Director Member 19-Nov-2024
3 09481866 Dongmyung Seo Executive Director Member 19-Nov-2024



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 02528707 Ramesh Ramachandran Nair Non-Executive - Independent Director Chairperson 19-Nov-2024
2 10835809 Daehyun Song Non-Executive - Non Independent Director Member 19-Nov-2024
3 06690879 Santosh Kumar Mohanty Non-Executive - Independent Director Member 19-Nov-2024



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 10835809 Daehyun Song Non-Executive - Non Independent Director Chairperson 19-Nov-2024
2 10041232 Hong Ju Jeon Executive Director Member 19-Nov-2024
3 02528707 Ramesh Ramachandran Nair Non-Executive - Independent Director Member 19-Nov-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 10041232 Hong Ju Jeon ED Chairperson 19-Nov-2024
2 09481866 Dongmyung Seo ED Member 19-Nov-2024
3 06690879 Santosh Kumar Mohanty ID Member 19-Nov-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 09-Oct-2025 Yes 6 5 3
2 13-Nov-2025 34 Yes 6 6 3
3 27-Nov-2025 13 Yes 6 5 3
4 16-Jan-2026 49 Yes 6 5 3
5 11-Feb-2026 25 Yes 6 5 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 Stakeholders Relationship Committee 10-Nov-2025 Yes 3 2 1 0
2 Audit Committee 13-Nov-2025 2 Yes 3 3 2 0
3 Audit Committee 11-Feb-2026 89 Yes 3 3 2 0
4 Audit Committee 19-Mar-2026 35 Yes 3 3 2 0
5 Nomination and remuneration committee 27-Nov-2025 Yes 3 3 2 0
6 Nomination and remuneration committee 16-Jan-2026 49 Yes 3 3 2 0



Annexure 1

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



Annexure 1

Sr Subject Compliance status
1 Name of signatory Anuj Goyal
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.lg.com/in/investorrelations/
1.2 Memorandum of Association and Articles of Association Yes https://www.lg.com/in/investorrelations/memorandum-of-association-and-articles-of-association/
1.3 Brief profile of board of directors including directorship and full time positions in body corporates Yes https://www.lg.com/in/investorrelations/committee/
2 Terms and conditions of appointment of independent directors Yes https://www.lg.com/content/dam/lge/in/migration/lginvestorrelations/IRPdf/CG/TAID/Term-of-appointment-of-Independent-Director.pdf
3 Composition of various committees of board of directors Yes https://www.lg.com/in/investorrelations/committee/
4 Code of conduct of board of directors and senior management personnel Yes https://www.lg.com/in/investorrelations/code-and-policy/
5 Details of establishment of vigil mechanism or whistle blower policy Yes https://www.lg.com/in/investorrelations/code-and-policy/
6 Criteria of making payments to non-executive directors Yes https://www.lg.com/content/dam/lge/in/migration/lginvestorrelations/IRPdf/CG/Policy/Nomination-and-Remuneration-Policy-2.pdf
7 Policy on dealing with related party transactions Yes https://www.lg.com/in/investorrelations/code-and-policy/
8 Policy for determining material subsidiaries Yes https://www.lg.com/in/investorrelations/code-and-policy/
9 Details of familiarization programmes imparted to independent directors Yes https://www.lg.com/content/dam/lge/in/migration/lginvestorrelations/IRPdf/CG/Policy/Familiarization-Programmes-for-Independent-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.lg.com/in/investorrelations/contacts/
11 Email address for grievance redressal and other relevant details Yes https://www.lg.com/in/investorrelations/contacts/
12 Financial results Yes https://www.lg.com/in/investorrelations/quarterly-reports/
13 Shareholding pattern Yes https://www.lg.com/in/investorrelations/pdflinks-notices/
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.lg.com/in/investorrelations/quarterly-reports/
15.2 Audio or video recordings and transcripts of post earnings/quarterly calls Yes https://www.lg.com/in/investorrelations/quarterly-reports/
16 New name and the old name of the listed entity NA
17 Advertisements as per regulation 47 (1) Yes https://www.lg.com/in/investorrelations/pdflinks-notices/
18 Credit rating or revision in credit rating obtained Yes https://www.lg.com/in/investorrelations/financial-rating/
19 Separate audited financial statements of each subsidiary of the listed entity NA
20 Secretarial compliance report NA
21 Materiality policy as per regulation 30 (4) Yes https://www.lg.com/in/investorrelations/code-and-policy/
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.lg.com/content/dam/lge/in/migration/lginvestorrelations/IRPdf/Update-in-the-list-of-authorized-persons-for-determing-materiality-of-events-or-information-dated-14-11-2025.pdf
23 Disclosures under regulation 30(8) Yes https://www.lg.com/content/dam/lge/in/migration/lginvestorrelations/IRPdf/Update-in-the-list-of-authorized-persons-for-determing-materiality-of-events-or-information-dated-14-11-2025.pdf
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.lg.com/in/investorrelations/code-and-policy/
26.1 Annual return as provided under section 92 of the Companies Act 2013 Yes https://www.lg.com/in/investorrelations/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.lg.com/in/investorrelations/disclosure-under-regulation-46-of-SEBI-LODR-regulation/
28 Compliance with regulation 46(3) with respect to accuracy of disclosures on the website and timely updation Yes https://www.lg.com/in/investorrelations/disclosure-under-regulation-46-of-SEBI-LODR-regulation/
29 Disclosure of notes on website in terms of Listing Regulations explanatory Note for Sr. No. 20 - The Company was recently listed in the Stock Exchanges on 14 October, 2025 hence the first Secretarial Compliance Report is yet to be issued.


Text Block

Textual Information(1) Note for Sr. No. 20 - The Company was recently listed in the Stock Exchanges on 14 October, 2025 hence the first Secretarial Compliance Report is yet to be issued.



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) NA
27 Quorum of Risk Management Committee meeting 21(3B) NA
28 Gap between the meetings of the Risk Management Committee 21(3C) NA
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) NA
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) NA
48 Vacancies in respect Key Managerial Personnel 26A(1) & 26A(2), 26A(3) NA
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 Textual Information(1)



Text Block

Textual Information(1) The Company adopted a material subsidiary policy although the Company does not have any material subsidiary as on 31st March, 2026.



Annexure II
1 Name of signatory Anuj Goyal
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 Anuj Goyal
Designation of person Company Secretary and Compliance Officer
Place Noida
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 3
No. of investor complaints disposed off during the Quarter 2
No. of investor complaints those remaining unresolved at the end of the Quarter 1


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 30-Mar-2015 The Income Tax Department passed an order dated February 12, 2016 computing our income for Assessment Year 2011-12 at Rs 4,510.15 million, alleging Transfer Pricing and Corporate Tax adjustments, against an income of Rs 2,850.57 million declared by our Company for the year. Our Company has filed an appeal dated February 26, 2016 before the Income Tax Appellate Tribunal (ITAT). Total disputed tax amount (including interest) is of Rs. 4,037.85 million. The Income Tax Appellate Tribunal (ITAT) has passed Order dated 15 October 2025. The Order is partly in favor of the Company and partly in favor of Income Tax Department. The Company has filed appeal to Allahabad High Court on 17-02-2026
2 Income Tax Department 26-Dec-2016 The Income Tax Department, passed an order dated October 23, 2017 computing our income for Assessment Year 2012-13 at Rs. 6,881.89 million, alleging Transfer Pricing and Corporate Tax adjustments, against an income of Rs. 3,987.52 million declared by our Company for the year. Our Company has filed an appeal dated November 13, 2017 before the Income Tax Appellate Tribunal for a disputed tax amount (including interest) of Rs. 1,624.09 million. The Income Tax Appellate Tribunal (ITAT) has passed Order dated 15 October 2025. The Order is partly in favor of the Company and partly in favor of Income Tax Department. The Company has filed appeal to Delhi High Court on 20-02-2026
3 Income Tax Department 29-Dec-2017 The Income Tax Department, passed an order dated October 29, 2018 computing our income for Assessment Year 2013-14 at Rs. 8,608.32 million, alleging Transfer Pricing and Corporate Tax adjustments, against an income of Rs. 5,713.54 million declared by our Company for the year. Our Company has filed an appeal dated November 22, 2018 before the Income Tax Appellate Tribunal for a disputed tax amount (including interest) of Rs. 1,573.38 million. The Income Tax Appellate Tribunal (ITAT) has passed Order dated 15 October 2025. The Order is partly in favor of the Company and partly in favor of Income Tax Department. The Company has filed appeal to Delhi High Court on 20-02-2026
4 Income Tax Department 26-Dec-2018 The Income Tax Department, passed an order dated October 31, 2019 computing our income for Assessment Year 2014-15 at Rs. 11,588.06 million, alleging Transfer Pricing and Corporate Tax adjustments, against an income of Rs. 8,176.31 million declared by our Company for the year. Our Company has filed an appeal dated November 19, 2019 before the Income Tax Appellate Tribunal for a disputed tax amount (including interest) of Rs. 2,017.36 million. The Income Tax Appellate Tribunal (ITAT) has passed Order dated 15 October 2025. The Order is partly in favor of the Company and partly in favor of Income Tax Department. The Company has filed appeal to Delhi High Court on 20-02-2026
5 Income Tax Department 26-Mar-2025 The Income Tax Department, passed a draft order under section 144C of the Income Tax Act, 1961 dated March 26, 2025 computing our income for Assessment Year 2022-23 at Rs. 20,080.16 million, alleging Transfer Pricing and Corporate Tax adjustments of Rs. 4138.74 Million, against an income of Rs. 15,941.42 million declared by our Company for the year. The Dispute Resolution Panel (DRP) has passed Order dated 29 December 2025, confirming Income Tax Department draft assessment order. Further DRP has also directed Transfer Pricing Officer (TPO) to re-compute TP adjustment as per DRP Directions. Considering DRP Order, the Assessing Officer has issued Final Assessment Order dated 23-02-2026, alleging Transfer Pricing and Corporate Tax adjustments, amounting to Rs. 3717.88 Million. Transfer Pricing disallowance of Rs. 1170.29 Million are covered under Advance Pricing Agreement and would become Nil. Our Company has filed an appeal dated 17-Mar-2026 before the Income Tax Appellate Tribunal for a disputed tax amount (including interest) of Rs.2,856.79 million.
6 Income Tax Department 22-Mar-2026 The Income Tax Department, passed a draft order under section 144C of the Income Tax Act, 1961 dated March 22, 2026 for Assessment Year 2023-24 alleging Transfer Pricing and Corporate Tax adjustments, amounting to Rs 5,728 Million. Transfer Pricing disallowance of Rs. 2,168.90 Million are covered under Advance Pricing Agreement and would become Nil. The Company will file its objections before the Dispute Resolution Panel. No change in status.
7 Income Tax Department 09-Feb-2023 The Income Tax Department, passed an order dated January 16, 2024 computing our income for Assessment Year 2005-06 at Rs. 3,108.39 million, alleging Transfer Pricing adjustments, against an income of Rs. 1,027.80 million declared by our Company for the year. Our Company has filed an appeal dated February 2, 2024 before the Income Tax Appellate Tribunal for a disputed tax amount (including interest) of Rs. 1,335.70 million. The Income Tax Appellate Tribunal (ITAT) has passed Order dated 15 October 2025. The Order is in favor of the Company and against Income Tax Department. The Income Tax Department has yet to file appeal to High Court (Rs. 1335.7 Million) No change in status.
8 Income Tax Department 09-Feb-2023 The Income Tax Department, passed an order dated January 21, 2024 computing our income for Assessment Year 2006-07 at Rs. 5,267.58 million, alleging Transfer Pricing adjustments, against an income of Rs. 3,132.58 million declared by our Company for the year. Our Company has filed an appeal dated February 5, 2024 before the Income Tax Appellate Tribunal for a disputed tax amount (including interest) of Rs. 1,150.98 million. The Income Tax Appellate Tribunal (ITAT) has passed Order dated 15 October 2025. The Order is in favor of the Company and against Income Tax Department. The Income Tax Department has yet to file appeal to High Court (Rs. 1150.98 Million) No change in status.
9 Income Tax Department 25-Mar-2013 The Office of Assistant Commissioner of Income Tax, Income Tax Department, Ministry of Finance, Government of India passed an order dated November 27, 2012 and rectification order dated January 24, 2013, computing our income for Assessment Year 2008-09 at ₹ 7,407.25 million against an income of ₹ 2,940.68 million declared by our Company for the year. Our Company filed an appeal before the Income Tax Appellate Tribunal and the Income Tax Appellate Tribunal pursuant to an order dated January 14, 2019 partly allowed our appeal (“Impugned Order”). Pursuant to the Impugned Order, the Office of the Additional Commissioner of Income Tax, Income Tax Department, Ministry of Finance, Government of India passed an order dated August 26, 2019 revising our assessed income to ₹ 3,620.86 million. Our Company had filed an appeal before the High Court of Judicature at Allahabad, Uttar Pradesh on January 13, 2023 against the Impugned Order. Total disputed tax amount (including interest) is of ₹ 1,569.78 million. No change in status.
10 Income Tax Department 25-Mar-2013 The Office of Assistant Commissioner of Income Tax, Income Tax Department, Ministry of Finance, Government of India passed an order dated February 6, 2014 computing our income for Assessment Year 2009-10 at ₹ 9,445.45 million against an income of ₹ 1,642.60 million declared by our Company for the year. Our Company filed an appeal before the Income Tax Appellate Tribunal and the Income Tax Appellate Tribunal pursuant to an order dated February 15, 2019 partly allowed our appeal (“Impugned Order”). Pursuant to the Impugned Order, the Office of the Additional Commissioner of Income Tax, Income Tax Department, Ministry of Finance, Government of India passed an order dated August 26, 2019 revising our assessed income to ₹ 2,393.12 million. Our Company filed an appeal before the High Court of Judicature at Allahabad, Uttar Pradesh on January 13, 2023 against the Impugned Order. Total disputed tax amount (including interest) is of ₹ 2,612.26 million. No change in status.
11 Income Tax Department 31-Mar-2014 The Office of Assistant Commissioner of Income Tax, Income Tax Department, Ministry of Finance, Government of India passed an order dated January 12, 2015 computing our income for Assessment Year 2010-11 at ₹ 18,304.83 million against an income of ₹ 3,835.35 million declared by our Company for the year. Our Company filed an appeal before the Income Tax Appellate Tribunal and the Income Tax Appellate Tribunal pursuant to an order dated August 16, 2022 partly allowed our appeal (“Impugned Order”). Our Company filed an appeal before the High Court of Judicature at Allahabad, Uttar Pradesh on January 13, 2023 against the Impugned Order. Total disputed tax amount (including interest) is ₹ 4,941.16 million. No change in status.
12 Income Tax Department 31-Dec-2019 The Assessment Unit, National Faceless Assessment Centre (NFAC), Income Tax Department, Ministry of Finance, Government of India passed an order dated April 4, 2021 computing our income for Assessment Year 2015-16 at ₹ 13,249.56 million against an income of ₹ 10,415.31 million declared by our Company for the year. Our Company has filed an appeal dated May 5, 2021 before the Income Tax Appellate Tribunal for a disputed tax amount (including interest) of ₹ 1,748.19 million. The tax litigations for the said year pertain to corporate tax and transfer pricing issues, with the transfer pricing issues which are covered under APA Agreement signed dated 05 January 2026 and would become Nil.
13 Income Tax Department 30-Apr-2021 The Income Tax Department, Ministry of Finance, Government of India pursuant to an order dated April 30, 2021 enhanced our income for Assessment Year 2016-17 by ₹ 2,676.68 million. Our Company has filed an appeal before the High Court of New Delhi at Delhi against the order dated April 30, 2021. The tax litigations for the said year pertain to corporate tax and transfer pricing issues, with the transfer pricing issues which are covered under APA Agreement signed dated 05 January 2026 and would become Nil.
14 Income Tax Department 28-Sep-2021 The Office of the Deputy Commissioner of Income Tax, Income Tax Department, Ministry of Finance, Government of India passed an order dated September 14, 2022 computing our income for Assessment Year 2017-18 at ₹ 20,611.93 million against an income of ₹ 18,184.38 million declared by our Company for the year. Our Company has filed an appeal dated October 11, 2022 before the Income Tax Appellate Tribunal for a disputed tax amount (including interest) of ₹ 1,433.83 million. The tax litigations for the said year pertain to corporate tax and transfer pricing issues, with the transfer pricing issues which are covered under APA Agreement signed dated 05 January 2026 and would become Nil.
15 Commissioner of Central Excise, Pune, Maharastra 23-Feb-2011 Commissioner of Central Excise and Service Tax, Pune – IV passed an order-in-original dated November 26, 2014 dropping two demands under rule 6 of CENVAT Credit Rules, 2004 of (a) ₹ 850.17 million on the clearance of ‘GSM mobile handset phones’ between February 2006 and September 2009, and (b) ₹ 722.63 million for clearance between October 2009 and February 2011, levied by Commissioner of Central Excise and Service Tax, Pune – IV against our Company. Aggrieved by the order-in-original dated November 26, 2014, Commissioner of Central Excise and Service Tax, Pune – IV filed an appeal on January 21, 2016 before the Customs, Excise and Service 355 Tax Appellate Tribunal Mumbai, Maharashtra, India. The Customs, Excise and Service Tax Appellate Tribunal Mumbai, Maharashtra, India pursuant to its order dated August 29, 2019 set aside the order-in-original dated November 26, 2014 and remanded the matter to the original authority, i.e., Commissioner of Central Excise and Service Tax, Pune – IV to take a decision afresh. No Change in Status
16 Comissioner, Central Excise, Noida, Uttar Pradesh 09-May-2011 Commissioner of Central Excise and Service Tax, Noida passed an order-in-original dated July 13, 2012 pursuant to an investigation conducted by the Anti Evasion Unit of Noida Commissionerate on November 18, 2010 in connection with service tax credit claimed by our Company on common services used for manufacturing and trading activities aggregating to ₹ 1,042.60 million (including penalty). Our company filed an appeal dated October 16, 2012 before the Customs, Central Excise and Service Tax Appellate Tribunal, Allahabad against the order-in-original. The Customs, Central Excise and Service Tax Appellate Tribunal, Allahabad pursuant to its order dated January 23, 2017 decided the appeal in the favour of our Company. The Commissioner, Central Excise and Service Tax, Noida, has on September 4, 2017 filed an appeal before the High Court of Judicature, Allahabad against the order dated January 23, 2017. As on the date, the dispute amount (including penalty and excluding interest) is ₹ 1,032.60 million. No Change in Status
17 Dy. Director, DGGI, New Delhi 27-Sep-2023 Our Company received a show cause notice dated September 27, 2023 from Additional Director, the Directorate General of Goods and Service Tax Intelligence, Delhi Zonal Unit, New Delhi, Delhi, India under section 73(1) of the Central Goods and Services Tax Act, 2017 pursuant to an investigation conducted in relation to reverse charge mechanism on secondment/deployment of employees by overseas group entity in the Indian group entity, alleging that our Company received ‘Manpower Supply Service’ from LG Electronics Inc. in respect of expatriate employees and accordingly proposed demand of Integrated Goods and Service Tax on reverse charge basis and interest and penalty. Our Company submitted a reply to the show cause notice on October 27, 2023 subsequent to which, the Additional Commissioner Central Goods and Services Tax and Central Excise passed an order-in-original dated December 28, 2023 imposing Integrated Goods and Services Tax and penalty aggregating to ₹ 1,410.19 million excluding interest, on our Company. Our Company has filed a writ petition on February 26, 2024 before the High Court of Judicature at Allahabad, Uttar Pradesh, India praying for stay of the order dated December 28, 2023. Demand Stay by High Court vide order dated February 20, 2024. No Change in Status
18 Commissioner Custom, Nhava Sheva 28-Feb-2024 Signage Monitor Part's shipment (Monitor Signage) cleared with Notification No 24/2005 benefit Basic Customs Duty paid: Nil, Customs view Signage part(8524,8529) can not avail ITA benefit. 1. Reply for SCN submitted to Nhava sheva Custom July 2024. 2. CBIC Board has assigned the case to Commissioner (Adjudication) Ballard Estate as adjudicating authority of case. 3. Personal Hearing on January 9, 2026 5. OIO has been issued by Customs on dated January 29, 2026. 6. Duty demand is as per below a. Differential duty - ₹31,69,58,686/- b . Redemption fine -₹ 15,00,00,000/- (Section 125 (I)) c. Penalty -- ₹ 31,69,58,686/- ( Section 114A) d. Penalty - ₹ 15,00,00,000/- ( Section 114AA) Total Amount is ₹ 93,39,17,372/- 7. The Company has already deposited ₹4,88,42,522/- (including interest amount of ₹59,46,210/- ) during investigation period. No Change in Status
19 Commissioner Custom, Nhava Sheva 31-Jul-2025 1. New Delhi Customs has conducted Onsite post clearance audit for import for past five year (2020-2024) 2. Audit was conducted from March 19, 2025 to April 15, 2025. 3. Audit team has forwarded their report to Nhava Sheva Customs. 4. Nhava Sheva Customs has issued SCN to Company on July 31, 2025. 5.The Company has submitted extension request letter to customs for submission of reply to SCN. 6. Total duty demand - ₹ 4241.58 million. No Change in Status