Integrated Filing-Governance



General information about company

Scrip Code 543390
NSE Symbol POLICYBZR
MSEI Symbol NOTLISTED
ISIN INE417T01026
Name of the entity PB FINTECH LIMITED
Date of start of financial year 01-Apr-2025
Date of end of financial year 31-Mar-2026
Reporting Quarter Yearly
Date of Quarter Ending 31-Mar-2026
Type of company Equity
Whether Annexure I (Part A) of the SEBI Circular dated December 31, 2024 related to Compliance Report on Corporate Governance is applicable to the entity? Yes
Whether Annexure I (Part B) of the SEBI Circular dated December 31, 2024 related to Investor Grievance Redressal Report is Applicable to the entity? Yes
Whether Annexure I (Part C) of the SEBI Circular dated December 31, 2024 related to Disclosure of Acquisition of Shares or Voting Rights in Unlisted Companies is Applicable to the entity? No
Reason For Part C Of Annexure I Disclosure Of Acquisition Of Shares OrVotingRightsInUnlistedCompaniesIsNotApplicableToTheEntity During the quarter, the Company has not acquired shares or voting rights aggregating to five percent or more in any unlisted Company in terms of sub-para 1 of para A of Part A of Schedule III of SEBI (LODR) Regulations except as disclosed to the stock exchanges as announcement u/r 30 of the SEBI (LODR) Regulations.
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 During the quarter, no fine or penalty has been imposed on the Company of amount less than 1 Lakh or 10 Lakh as provided under sub-para 20 of Para A of Part A of Schedule III of SEBI Listing Regulations read with SEBI Circular dated December 31, 2024.
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 as the Company has given/provided intercompany loans/Comfort letters to/for its subsidiary companies whose accounts are consolidated with the Company which are specifically excluded and/or are not required to be disclosed as per the note given in the Part F of SEBI Circular dated December 31, 2024.
Risk management committee Yes
Market Capitalisation as per immediate previous Financial Year Top 500 listed entities
Is SCORE ID Available ? Yes
SCORE Registration ID COMP00857
Reason For No SCORE ID
Type of Submission New
Remarks (website dissemination)



Annexure I
Annexure I to be submitted by listed entity on quarterly basis
I. Composition of Board of Directors
Disclosure of notes on composition of board of directors explanatory
Whether the listed entity has a Regular Chairperson Yes
Whether Chairperson is related to MD or CEO Yes Disqualification of Directors under section 164 of the Companies Act, 2013
Sr Title (Mr / Ms) Name of the Director PAN DIN Category 1 of directors Category 2 of directors Category 3 of directors Date of Birth Whether the director is disqualified? Start Date of disqualification End Date of disqualification Details of disqualification Current status Whether special resolution passed? [Refer Reg. 17(1A) of Listing Regulations] Date of passing special resolution Initial Date of appointment Date of Re-appointment Date of cessation Tenure of director (in months) No of Directorship in listed entities including this listed entity (Refer Regulation 17A of Listing Regulations) No of Independent Directorship in listed entities including this listed entity [with reference to proviso to regulation 17A(1) & 17A(2)] Number of memberships in Audit/ Stakeholder Committee(s) including this listed entity (Refer Regulation 26(1) of Listing Regulations) No of post of Chairperson in Audit/ Stakeholder Committee held in listed entities including this listed entity (Refer Regulation 26(1) of Listing Regulations) Reason for Cessation Notes for not providing PAN Notes for not providing DIN
1 Mr. Yashish Dahiya 00706336 Executive Director Chairperson CEO 16-Sep-1972 No Active NA 10-Jun-2008 05-Jul-2021 2 1 2 0
2 Mr. Alok Bansal 01653526 Executive Director Not Applicable 29-Dec-1975 No Active NA 04-Jun-2008 28-Jun-2021 1 0 2 0
3 Mr. Sarbvir Singh 00509959 Executive Director Not Applicable CEO 17-Sep-1971 No Active NA 05-Jun-2020 26-Aug-2023 1 0 0 0
4 Mr. Kaushik Dutta 03328890 Non-Executive - Independent Director Not Applicable 01-May-1962 No Active NA 19-Jun-2021 19-Jun-2021 57.11 5 5 8 4
5 Mr. Nilesh Bhaskar Sathe 02372576 Non-Executive - Independent Director Not Applicable 01-May-1957 No Active NA 19-Jun-2021 19-Jun-2021 57.11 1 1 4 0
6 Mrs. Veena Vikas Mankar 00004168 Non-Executive - Independent Director Not Applicable 24-Jan-1953 No Active NA 19-Jun-2021 19-Jun-2021 57.11 3 2 5 2
7 Mr. Dhruv Shringi 00334986 Non-Executive - Independent Director Not Applicable 14-Jul-1973 No Active NA 06-Aug-2024 06-Aug-2024 19.24 2 1 0 0
8 Ms. Kitty Agarwal 07624308 Non-Executive - Nominee Director Not Applicable 21-Jun-1988 No Active NA 07-Feb-2018 07-Feb-2018 1 0 2 1
9 Ms. Lilian Jessie Paul 02864506 Non-Executive - Independent Director Not Applicable 02-May-1970 No Active NA 19-Jun-2021 19-Jun-2021 57.11 3 3 5 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 03328890 Kaushik Dutta Non-Executive - Independent Director Chairperson 28-Jun-2021
2 02372576 Nilesh Bhaskar Sathe Non-Executive - Independent Director Member 17-Oct-2024
3 07624308 Kitty Agarwal Non-Executive - Nominee Director Member 17-Oct-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 00004168 Veena Vikas Mankar Non-Executive - Independent Director Chairperson 28-Jun-2021
2 02372576 Nilesh Bhaskar Sathe Non-Executive - Independent Director Member 28-Jun-2021
3 07624308 Kitty Agarwal Non-Executive - Nominee Director Member 28-Jun-2021



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 07624308 Kitty Agarwal Non-Executive - Nominee Director Chairperson 26-Jul-2021
2 02372576 Nilesh Bhaskar Sathe Non-Executive - Independent Director Member 28-Jun-2021
3 02864506 Lilian Jessie Paul Non-Executive - Independent Director Member 28-Jun-2021
4 01653526 Alok Bansal Executive Director Member 28-Jun-2021



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 00706336 Yashish Dahiya ED Chairperson 26-Jul-2021
2 01653526 Alok Bansal ED Member 26-Jul-2021
3 00334986 Dhruv Shringi ID Member 17-Oct-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 29-Oct-2025 Yes 9 9 5
2 02-Feb-2026 95 Yes 9 9 5



Annexure 1
IV. Meeting of Committees
Disclosure of notes on meeting of committees explanatory
Sr Name of Committee Date(s) of meeting (Enter dates of Previous quarter and Current quarter in chronological order) Maximum gap between any two consecutive (in number of days) Name of other committee Reson for not providing date Whether requirement of Quorum met (Yes/No) Total Number of Directors in the Committee as on date of the meeting Number of Directors Present (All Directors including Independent Director) No. of Independent Directors attending the meeting* No. of members attending the meeting (other than Board of Directors)
1 Audit Committee 29-Oct-2025 Yes 3 3 2 0
2 Audit Committee 02-Feb-2026 95 Yes 3 3 2 0
3 Nomination and remuneration committee 02-Dec-2025 Yes 3 3 2 0
4 Risk Management Committee 15-Oct-2025 Yes 3 2 1 0
5 Risk Management Committee 13-Jan-2026 89 Yes 3 2 0 0
6 Stakeholders Relationship Committee 02-Feb-2026 Yes 4 4 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 Bhasker Joshi
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.pbfintech.in/#about
1.2 Memorandum of Association and Articles of Association Yes https://www.pbfintech.in/pdf/01-PB-Fintech-MOA-AOA.pdf
1.3 Brief profile of board of directors including directorship and full time positions in body corporates Yes https://www.pbfintech.in/investor-relations/
2 Terms and conditions of appointment of independent directors Yes https://www.pbfintech.in/pdf/Terms-Letter-of-Appointment-of-Independent-Director.pdf
3 Composition of various committees of board of directors Yes https://www.pbfintech.in/investor-relations/board-members-and-committees/
4 Code of conduct of board of directors and senior management personnel Yes https://www.pbfintech.in/pdf/PB-Fintech-Code-of-Conduct-for-Board-and-Senior-Management.pdf
5 Details of establishment of vigil mechanism or whistle blower policy Yes https://www.pbfintech.in/pdf/whistle-blower-policy-pbfintech.pdf
6 Criteria of making payments to non-executive directors Yes https://www.pbfintech.in/pdf/Criteria-of-making-payments-to-Non-Executive-Directors.pdf
7 Policy on dealing with related party transactions Yes https://www.pbfintech.in/pdf/Policy-on-Related-Party-transactions-and-its-Materiality.pdf?v=2
8 Policy for determining material subsidiaries Yes https://www.pbfintech.in/pdf/Policy-for-Determining-Material-Subsidiaries.pdf
9 Details of familiarization programmes imparted to independent directors Yes https://www.pbfintech.in/pdf/Policy-on-Familiarization-Programme-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.pbfintech.in/#contact-us
11 Email address for grievance redressal and other relevant details Yes https://www.pbfintech.in/#contact-us
12 Financial results Yes https://www.pbfintech.in/investor-relations/financial-results/
13 Shareholding pattern Yes https://www.pbfintech.in/investor relations/quarterly-updates/
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.pbfintech.in/investor-relations/earnings-call/
15.2 Audio or video recordings and transcripts of post earnings/quarterly calls Yes https://www.pbfintech.in/investor-relations/earnings-call/
16 New name and the old name of the listed entity NA
17 Advertisements as per regulation 47 (1) Yes https://www.pbfintech.in/investor relations/regulation30/
18 Credit rating or revision in credit rating obtained NA
19 Separate audited financial statements of each subsidiary of the listed entity Yes https://www.pbfintech.in/investor-relations/financial-results/
20 Secretarial compliance report Yes https://www.pbfintech.in/investor-relations/annual-disclosures/
21 Materiality policy as per regulation 30 (4) Yes https://www.pbfintech.in/pdf/policy-on-determination-of-materiality-of-disclosure-pb-new.pdf?v=2
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.pbfintech.in/pdf/policy-on-determination-of-materiality-of-disclosure-pb-new.pdf?v=2
23 Disclosures under regulation 30(8) Yes https://www.pbfintech.in/investor-relations/
24 Statements of deviation(s) or variations(s) as specified in regulation 32 Yes https://www.pbfintech.in/investor-relations/quarterly-updates/
25 Dividend distribution policy as specified in regulation 43A (1) Yes https://www.pbfintech.in/pdf/Dividend-Distribution-Policy.pdf
26.1 Annual return as provided under section 92 of the Companies Act 2013 Yes https://www.pbfintech.in/investor-relations/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.pbfintech.in/#investor-relation
28 Compliance with regulation 46(3) with respect to accuracy of disclosures on the website and timely updation Yes https://www.pbfintech.in/#investor-relation
29 Disclosure of notes on website in terms of Listing Regulations explanatory


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



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



Annexure II
1 Name of signatory Bhasker Joshi
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 Bhasker Joshi
Designation of person Company Secretary and Compliance Officer
Place Gurugram
Date 30-Apr-2026


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


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


Disclosure of Imposition of Fine or Penalty
The details of imposition of fine or penalty during the quarter in terms of sub-para 20 of para A of Part A of Schedule III are given below:
Any Other Information for Disclosure of Imposition of Fine or Penalty
Sr. No. Name of the authority Nature and details of the action(s) taken or order(s) passed Date of receipt of direction or order, including any ad interim or interim orders, or any other communication from the authority Details of the violation(s)/ contravention(s) committed or alleged to be committed Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible


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

Any Other Information for Disclosure of Updates to Ongoing Tax Litigations or Disputes Serial numbers 1 to 3 refer to PB Fintech Limited ('the Company' or 'Listed entity'). Details in serial numbers 4 to 9 pertain to Policybazaar Insurance Brokers Private Limited, and serial numbers 10 to 14 concern Paisabazaar Marketing and Consulting Private Limited. The latter two are wholly-owned subsidiaries of PB Fintech Limited.
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 National Faceless Assessment Centre and ACIT, Circle 3(1) , Gurgaon 31-Mar-2021 ? The company received the notice u/s 148 of the Act dated March 31, 2021 for AY 2015-16 for reopening of the assessment proceedings. ? The company had filed a Writ petition before the Punjab and Haryana High Court against initiation of proceedings u/s 148. In the hearing held on July 15 2024 , the Court has adjourned the matter till November 04, 2024. In the hearing held on 04th November 2024 , the Court has adjourned the matter till January 15, 2025. In the hearing held on 15th January 2025, the department has further sought adjournment and case is adjourned to April 21, 2025. In the hearing held on April 21, 2025, the Court has adjourned the matter till August 27, 2025.In the hearing held on August 27, 2025 , the Court has adjourned the matter to December 03, 2025. ? In the hearing held on December 03, 2025, the Court has adjourned the matter to March 30, 2026. ? In the hearing held on March 30, 2026, the Court has adjourned the matter to Aug 04, 2026.
2 Central Circle, Delhi 23-Jun-2025 ? The order dated 23 June 2025 u/s 148A(3) of the Act for AY 2019-20 has been passed for reopening of the assessment proceedings. Notice for reassessment proceedings has been issued under Section 148 of the Act. ? The company had filed a Writ petition before the Delhi High Court. The matter was listed for hearing on September 26, 2025 wherein the Court heard the contentions of the company. The matter was listed on October 09, 2025 wherein the department has sought for adjournment to file its counter reply. Next date of hearing is November 10, 2025. ? Further, as the writ proceedings is ongoing in Delhi High Court, the company in compliance to notice u/s 148 has filed the return of income under protest for AY 2019-20 on September 26, 2025. ? In the hearing held on November 10, 2025 the department has sought for adjournment. The Court has adjourned the matter to May 14, 2026. Status Quo from the last update.
3 ACIT (AO) Circle 1(1), Gurgaon 29-Mar-2024 ? The penalty order is passed on March 29, 2024 raising the demand of Rs. 16.69 Cr rejecting the contentions of the company. Ld. Assessing Officer (AO) has levied penalty stating that the company has furnished inaccurate particulars of income. ? The company has received the order giving effect (OGE) dated 03 July 2025 and consequentially the penalty notice and order shall be dropped. Subsequent to quarter ended, application dated October 10, 2025 has been filed with CIT(A) for withdrawal of CIT(A) filed against the penalty order. ? The order u/s 250 has been passed dated November 11, 2025, dismissing the appeal as having been withdrawn. ? The CPC, on Jan 30, 2026, had inadvertently adjust the refund of AY 2024-25 against the penalty demand including interest of AY 2016-17. ? The company has filed a rectification application to the AO dated March 31, 2026, requesting for order giving effect to the CIT(A) order.
4 DCIT TDS Circle, Gurgaon 20-Nov-2023 ? An order was passed on November 20, 2023, raising a demand for differential TDS liability for FY 2016-17. ? The company has duly filed an appeal against the said order on December 12, 2023. ? Further CIT(Appeal) notice received under section 250 for making necessary submission on or before April 23, 2025. All the written submission alongwith annexures filed on April 22, 2025 in this regard. ? The company has received notice under section 250 dated January 08, 2026 for making necessary submission on or before January 23, 2026. ? The company has duly filed its detailed submission on January 23, 2026 in response to CIT(A) notice.
5 DCIT TDS Circle, Gurgaon 20-Nov-2023 ? An order was passed on November 20, 2023, raising a demand for differential TDS liability for FY 2017-18. ? The company has duly filed an appeal against the said order on December 20, 2023. ? Further CIT(Appeal) notice received under section 250 for making necessary submission on or before April 23, 2025. All the written submission alongwith annexures filed on April 22, 2025 in this regard. ? The company has received notice under section 250 dated January 08, 2026 for making necessary submission on or before January 23, 2026. ? The company has duly filed its detailed submission on January 23, 2026 in response to CIT(A) notice.
6 CIT 3(1), Gurgaon 28-Jun-2025 ? The order u/s 148A(3) of the Income tax act, 1961 dated 28 June 2025 for AY 2021-22 has been passed pursuant to the show cause notice (‘SCN’) u/s 148A(1) for reopening of the assessment proceedings. Notice for reassessment proceedings has been issued under Section 148 of the Act. ? The company in compliance to notice u/s 148 has filed the return of income under protest for AY 2021-22 on September 26, 2025. Further, the company is evaluating the order and shall take necessary legal recourse. ? The company had filed a Writ petition before the P&H High Court on December 12, 2025. The matter was listed for hearing on December 16, 2025 wherein the court has adjourned the matter to December 22, 2025. ? In the hearing held on December 22, 2025 the court has passed the order in the favour of company and quash the impugned order and proceedings. ? The company vide letter dated December 30, 2025 initimated the hight court order to the Assessing Officer. Status quo from the last update
7 CIT 3(1), Gurgaon 28-Jun-2025 ? The order dated 28 June 2025 u/s 148A(3) of the Act for AY 2019-20 has been passed pursuant to the show cause notice (‘SCN’) u/s 148A(1) for reopening of the assessment proceedings. Notice for reassessment proceedings has been issued under Section 148 of the Act. ? The company in compliance to notice u/s 148 has filed the return of income under protest for AY 2019-20 on September 26, 2025. Further, the company is evaluating the order and shall take necessary legal recourse. ? The company had filed a Writ petition before the P&H High Court on December 12, 2025. The matter was listed on listed for hearing on December 16, 2025 wherein the court has adjourned the matter to December 22, 2025 ? In the hearing held on December 22, 2025 the court has passed the order in the favour of company and quash the impugned order and proceedings under section 148 of the Act. ? The company vide letter dated December 30, 2025 initimated the hight court order to the Assessing Officer. Status quo from the last update
8 DGGI, Gurugram 13-Jan-2025 A Search was conducted on the company and the company had duly complied with the requirements of DGGI during the search proceedings. The company had furnished certain additional documents as required by DGGI on 16.01.2025 and a further submission was made on 22.05.2025. Status quo
9 Appellate Authority (Joint Commissioner of State Tax, Gurugram) 05-Sep-2022 An appeal filed on 29/03/2024 against demand of Rs. 20,05,606/- . The department has accepted the company's appeal on 22-03-2025. Status quo
10 DCIT/ACIT BPU-2, Delhi for Proceedings under Section 19 of Prohibition of Benami Property Transactions Act, 1988. 12-Sep-2024 ? The company has received notice u/s 23 of Prohibition of Benami Property Transactions Act, 1988 dated September 12, 2024 and October 22, 2024 requisiting certain information. The company has duly complied with the notice on October 21, 2024 and November 5, 2024. ? Order u/s 24(4) to vendors with cc to the Company continuing the provisional attachment of the Benami Property i.e. Credits in the bank account of the vendors and alleging Paisabazaar as the beneficial owner. ? Notice u/s 26 of the act received where initiating officer has referred the matter to the Adjudicating Authority (AA) seeking confirmation of the provisional attachment orders passed under section 24(4) of the PBPT Act. The company has filed its submissions with AA on July 03, 2025 against which Initiating officer (IO) has filed the rejoinder on September 30, 2025. ? In the hearing held on October 08, 2025 , the AA has adjourned the matter to November 12, 2025. ? In the hearing held on November 12, 2025, the AA directed IO to provide certain clarification/ documents on or before November 25, 2025. ? In the hearing held on November 26, 2025, the AA requested certain documents to be submitted by company on or before December 19, 2025. ? In the hearing held on December 19, 2025, the company has duly submitted the required information and documents. Counsel of IO seeks some more time and hence the matter is now adjourned to January 21, 2026. ? In the hearing held on Jan 21, 2026, the AA directed IO to provide certain clarification/ documents on or before Feb 01, 2026 and directed the company to furnish rebuttal by Feb 08, 2026 and the matter was adjourned to Feb 19, 2026. In response to which IO filed its submission on Feb 12, 2026 and company filed the rebuttal on Feb 17, 2026. ? Subsequently, the company received an order on March 26, 2026 u/s 26(3) of PBPT Act dated March 24, 2026, wherein the AA confirm the Provisional attachment order passed by IO u/s 24(4) dated Feb 27, 2025. The company shall file an appeal against the AA order before the appellate tribunal.
11 ACIT, Central Circle 3, Delhi 31-Mar-2025 ? Order u/s 143(3) has been passed on March 31, 2025 with an addition of INR 85.60 cr u/s 37 of the act on the allegation of non-genuine purchases from non-genuine/non-existent entities. ? The company has duly filed an appeal against the said order on April 21, 2025. ? The company received the notice u/s 250 dated December 04, 2025 for filing ground wise written submission due for complaince on December 11, 2025. In response to which the company has requested for adjournment vide adjournment letter filed on December 11, 2025. ? Further, the company received the notice u/s 250 dated December 30, 2025 for filing ground wise written submission due for compliance on January 05, 2026. In response to which the company has duly filed its response and appeared before the CIT(A) on January 05, 2026 wherein the company has submitted certain details and sought an adjournment for submitting the detailed written submission. ? The company received another notice u/s 250 of Act dated Jan 19, 2026 for filing ground wise written submission on or before Feb 04, 2026. In response to which the company has duly filed its detailed submission on the due date.
12 ACIT, Central Circle 3, Delhi 17-Apr-2025 ? Order u/s 147 has been passed on April 17, 2025 with an addition of INR 60.31 cr u/s 37 of the act on the allegation of non-genuine purchases from non-genuine/non-existent entities. ? The company has duly filed an appeal against the said order on May 14, 2025. ? The company received the notice u/s 250 dated December 04, 2025 for filing ground wise written submission due for complaince on December 11, 2025. In response to which the company has requested for adjournment vide adjournment letter filed on December 11, 2025. ? Further, the company received the notice u/s 250 dated December 30, 2025 for filing ground wise written submission due for compliance on January 05, 2026. In response to which the company has duly filed its response and appeared before the CIT(A) on January 05, 2026 wherein the company has submitted certain details and sought an adjournment for submitting the detailed written submission. ? The company received another notice u/s 250 of Act dated Jan 19, 2026 for filing ground wise written submission on or before Feb 04, 2026. In response to which the company has duly filed its detailed submission on the due date.
13 Appellate Authority (Joint Commissioner of State Tax, Gurugram) 14-Mar-2023 An appeal filed on 29/03/2024 against demand of Rs. 27,67,081/- . The department has accepted the company's appeal on 22-03-2025. Status quo.
14 DGGI, Gurugram 09-Jan-2025 Summon u/s 70 was received to submit certain details. The company has submitted its reply dated 06.02.2025 and no further communication from the department till date. Status quo.