Integrated Filing-Governance



General information about company

Scrip Code 500135
NSE Symbol EPL
MSEI Symbol NOTLISTED
ISIN INE255A01020
Name of the entity EPL 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 acquired any shares or voting rights in Indian Unlisted Companies, during the quarter ended on March 31, 2026.
Whether Annexure I (Part D) of the SEBI Circular dated December 31, 2024 related to Disclosure of Imposition of Fine or Penalty is Applicable to the entity? Yes
Whether Annexure I (Part E) of the SEBI Circular dated December 31, 2024 related to Disclosure of Updates to Ongoing Tax Litigations or Disputes is Applicable to the entity? No
Reason For Part E Of Annexure I Disclosure Of Updates To Ongoing Tax Litigations Or Disputes Is Not Applicable To The Entity During the quarter ended March 31, 2026, there were no new material tax litigations/ disputes for the Company, and there were no material updates in the other non-material ongoing tax litigations/ disputes.
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 Company has not provided any loans/gurantees/comfort letters/securities, either directly or indirectly, to Promoter/Promoter Group or any other entity controlled by them, Directors (including relatives) or any other entity controlled by them, KMP or any other entity controlled by them, during the half year ended on March 31, 2026.
Risk management committee Yes
Market Capitalisation as per immediate previous Financial Year Top 1000 listed entities
Is SCORE ID Available ? Yes
SCORE Registration ID e00110
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 1. Mr. Anand Kripalu (DIN: 00118324) retired from the post of Managing Director & Global CEO of the Company with effect from closure of business hours on December 31, 2025. Thereafter, Mr. Kripalu having agreed to continue as a Member of the Board of Directors, his designation changed as Executive Director of the Company, from January 1, 2026 up to March 31, 2026. 2. Mr. Hemant Bakshi (DIN: 02362738) was appointed as the Additional Director with effect from January 1, 2026, to be the Managing Director & Global Chief Executive Officer of the Company, subject to the approval of the shareholders of the Company. The Company has received approval of shareholders in this regard, by way of Postal Ballot only by voting through electronic means.
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. Davinder Singh Brar 00068502 Non-Executive - Independent Director Chairperson 21-Aug-1952 No Active Yes 21-Aug-2024 22-Aug-2019 22-Aug-2024 79.09 1 1 2 1
2 Ms. Sharmila Abhay Karve 05018751 Non-Executive - Independent Director Not Applicable 08-Apr-1965 No Active NA 22-Aug-2019 22-Aug-2024 79.09 5 5 7 5
3 Mr. Shashank Sinha 02544431 Non-Executive - Independent Director Not Applicable 12-Sep-1964 No Active NA 04-Sep-2023 04-Sep-2023 30.27 1 1 1 0
4 Mr. Anand Kripalu 00118324 Executive Director Not Applicable 02-Oct-1958 No Active NA 18-Aug-2021 4 3 4 1
5 Mr. Amit Dixit 01798942 Non-Executive - Non Independent Director Not Applicable 26-Jan-1973 No Active NA 22-Aug-2019 3 0 0 0
6 Mr. Dhaval Jitendra Buch 00106813 Non-Executive - Non Independent Director Not Applicable 18-Dec-1960 No Active NA 19-Apr-2021 1 0 0 0
7 Mr. Animesh Agrawal 08538625 Non-Executive - Non Independent Director Not Applicable 19-Jul-1990 No Active NA 22-Aug-2019 2 0 3 1
8 Mr. Aloke Lohia 11107239 Non-Executive - Non Independent Director Not Applicable 27-Nov-1958 No Active NA 27-May-2025 1 0 0 0
9 Mr. Hemant Bakshi 02362738 Executive Director Not Applicable CEO-MD 23-Mar-1964 No Active NA 01-Jan-2026 1 0 1 0



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 05018751 Sharmila Abhay Karve Non-Executive - Independent Director Chairperson 22-Aug-2019
2 00068502 Davinder Singh Brar Non-Executive - Independent Director Member 22-Aug-2019
3 08538625 Animesh Agrawal Non-Executive - Non Independent Director Member 26-Apr-2021



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 02544431 Shashank Sinha Non-Executive - Independent Director Chairperson 05-Sep-2023
2 01798942 Amit Dixit Non-Executive - Non Independent Director Member 22-Aug-2019
3 00068502 Davinder Singh Brar Non-Executive - Independent Director Member 22-Aug-2019



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 08538625 Animesh Agrawal Non-Executive - Non Independent Director Chairperson 22-Aug-2019
2 02544431 Shashank Sinha Non-Executive - Independent Director Member 13-Aug-2024
3 02362738 Hemant Bakshi Executive Director Member 01-Jan-2026 Textual Information(1)



Text Block
Textual Information(1) Mr. Hemant Bakshi (DIN: 02362738) has been appointed as a member of Stakeholders Relationship Committee with effect from January 1, 2026.



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 00106813 Dhaval Jitendra Buch NED Chairperson 26-Apr-2021
2 99999999 Murugappan Ramasamy Chief Operating Officer Member 01-Nov-2018 Textual Information(1)
3 08538625 Animesh Agrawal NED Member 22-Aug-2019
4 00118324 Anand Kripalu ED Member 18-Aug-2021
5 99999999 Kamlesh Jain Chief Information Officer Member 05-Nov-2022 Textual Information(2)
6 99999999 Deepak Goyal CFO Member 19-Aug-2023 Textual Information(3)
7 02544431 Shashank Sinha ID Member 05-Sep-2023
8 02362738 Hemant Bakshi ED Member 01-Jan-2026 Textual Information(4)



Text Block
Textual Information(1) Mr. Murugappan Ramsamy is the Chief Operating Officer and a Member of the Risk Management Committee of the Company.
Textual Information(2) Mr. Kamlesh Jain is the Chief Information Officer and a Member of the Risk Management Committee of the Company.
Textual Information(3) Mr. Deepak Goyal is the Chief Financial Officer and a Member of the Risk Management Committee of the Company.
Textual Information(4) Mr. Hemant Bakshi (DIN: 02362738) has been appointed as a member of Risk Management Committee with effect from January 1, 2026.



Annexure 1
III. Meeting of Board of Directors
Disclosure of notes on meeting of board of directors explanatory
Sr Date(s) of meeting (Enter dates of Previous quarter and Current quarter in chronological order) Maximum gap between any two consecutive (in number of days) Notes for not providing Date Whether requirement of Quorum met (Yes/No) Total Number of Directors as on date of the meeting Number of Directors present* (All directors including Independent Director) No. of Independent Directors attending the meeting*
1 08-Oct-2025 Yes 9 8 3
2 11-Nov-2025 33 Yes 9 8 3
3 13-Feb-2026 93 Yes 9 7 3
4 29-Mar-2026 43 Yes 9 9 3
5 31-Mar-2026 1 Yes 9 9 3



Annexure 1
IV. Meeting of Committees
Disclosure of notes on meeting of committees explanatory While no meeting of Stakeholders Relationship Committee was held during the previous quarter, the maximum gap between 2 meetings is not applicable in such case. However, due to some technical reasons, that gap is being erroneously calculated between the date of last Audit Committee Meeting vs the date of Stakeholders Relationship Committee.
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 11-Nov-2025 Yes 3 3 2 0
2 Audit Committee 13-Feb-2026 93 Yes 3 2 2 0
3 Audit Committee 13-Mar-2026 27 Yes 3 3 2 0
4 Audit Committee 29-Mar-2026 15 Yes 3 3 2 0
5 Stakeholders Relationship Committee 31-Mar-2026 1 While no meeting of Stakeholders Relationship Committee was held during the previous quarter, the maximum gap between 2 meetings is not applicable in such case. However, due to some technical reasons, that gap is being erroneously calculated between the date of last Audit Committee Meeting vs the date of Stakeholders Relationship Committee. Yes 3 3 1 0



Annexure 1
VI. Affirmations
Sr Subject Compliance status (Yes/No)
1 The composition of Board of Directors is in terms of SEBI (Listing obligations and disclosure requirements) Regulations, 2015 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: The Integrated Governance Report for the previous quarter ended on December 31, 2025, was placed before the Board of Directors (Board) at its meeting held on February 13, 2026 and the Board took note of the same. Further, this Integrated Governance Report for the quarter ended on March 31, 2026, will be placed before the Board, at its next meeting.



Annexure 1
Sr Subject Compliance status
1 Name of signatory Onkar Ghangurde
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.eplglobal.com/who-are-we/
1.2 Memorandum of Association and Articles of Association Yes https://www.eplglobal.com/investors/regulations/
1.3 Brief profile of board of directors including directorship and full time positions in body corporates Yes https://www.eplglobal.com/who-are-we/ https://www.eplglobal.com/investors/regulations/
2 Terms and conditions of appointment of independent directors Yes https://www.eplglobal.com/wp-content/uploads/2024/08/Terms-and-Conditions-of-ID-on-Website-EPL-15-12-2023.pdf
3 Composition of various committees of board of directors Yes https://www.eplglobal.com/investors/#board-committees
4 Code of conduct of board of directors and senior management personnel Yes https://www.eplglobal.com/wp-content/uploads/2025/04/Code-Of-Conduct-for-Board-and-Employees.pdf
5 Details of establishment of vigil mechanism or whistle blower policy Yes https://www.eplglobal.com/wp-content/uploads/2025/04/Whistle-Blower-Policy.pdf
6 Criteria of making payments to non-executive directors Yes https://www.eplglobal.com/wp-content/uploads/2025/04/Nomination-and-Remuneration-Policy.pdf
7 Policy on dealing with related party transactions Yes https://www.eplglobal.com/wp-content/uploads/2025/04/Policy-on-Related-Party-Transaction.pdf
8 Policy for determining material subsidiaries Yes https://www.eplglobal.com/wp-content/uploads/2025/04/Policy-for-Determination-of-Material-Subsidiary.pdf
9 Details of familiarization programmes imparted to independent directors Yes https://www.eplglobal.com/wp-content/uploads/2025/08/Familiarisation-Program_March-31-2025.pdf
10 Contact information of the designated officials of the listed entity who are responsible for assisting and handling investor grievances Yes https://www.eplglobal.com/investors/shareholder-information/
11 Email address for grievance redressal and other relevant details Yes https://www.eplglobal.com/investors/shareholder-information/
12 Financial results Yes https://www.eplglobal.com/investors/financial-filings/
13 Shareholding pattern Yes https://www.eplglobal.com/investors/shareholdings/
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.eplglobal.com/investors/shareholder-information/
15.2 Audio or video recordings and transcripts of post earnings/quarterly calls Yes https://www.eplglobal.com/news-media/
16 New name and the old name of the listed entity NA
17 Advertisements as per regulation 47 (1) Yes https://www.eplglobal.com/investors/shareholder-information/
18 Credit rating or revision in credit rating obtained Yes https://www.eplglobal.com/investors/shareholder-information/
19 Separate audited financial statements of each subsidiary of the listed entity Yes https://www.eplglobal.com/investors/financial-filings/
20 Secretarial compliance report Yes https://www.eplglobal.com/wp-content/uploads/2025/05/Reg24AASCRSd.pdf
21 Materiality policy as per regulation 30 (4) Yes https://www.eplglobal.com/wp-content/uploads/2025/04/Policy-for-Deter.-of-material-event.pdf
22 Disclosure of contact details of KMP who are authorized for the purpose of determining materiality as required under regulation 30(5) Yes https://www.eplglobal.com/investors/shareholder-information/
23 Disclosures under regulation 30(8) Yes https://www.eplglobal.com/investors/
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.eplglobal.com/wp-content/uploads/2025/04/Dividend-Distribution-Policy.pdf
26.1 Annual return as provided under section 92 of the Companies Act 2013 Yes https://www.eplglobal.com/wp-content/uploads/2025/08/Annual-Return-MGT-7_FY-2024-25.pdf
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.eplglobal.com/investors/regulations/
28 Compliance with regulation 46(3) with respect to accuracy of disclosures on the website and timely updation Yes https://www.eplglobal.com/investors/regulations/
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) 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) 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) 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



Annexure II
1 Name of signatory Onkar Ghangurde
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 Onkar Ghangurde
Designation of person Company Secretary and Compliance Officer
Place Mumbai
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 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
1 Assistant Commissioner, Division-VI, CGST & C.Ex., Thane Rural ORDER–IN–APPEAL no. DS/ADC/148/APPEALS THANE/TR/2025-26 dated January 21, 2026 (said Order-In-Appeal) 10-Feb-2026 The Company received an Order-in-appeal DS/ADC/148/APPEALS THANE/TR/2025-26 dated January 21, 2026, for the matter of Short payment of GST during FY 2017-18 by paying GST at lower rate than tariff rate specified. Background: The Company had supplied the goods under HSN 32089090 and HSN 32082030 charging GST @18% and @5%, however, the GST rate for HSN 32082030 and HSN 39159090/3915 during the relevant period was @28% and @5% respectively. The total short payment of GST was Rs. 2,00,456/-, the details of which were mentioned in the said Appeal. Subsequently a Show Cause Notice No. Cum Demand Notice was raised and further adjudicated by the Assistant Commissioner, demanding a total of Rs. 1,98,153/- for the period July, 2017 to March, 2019 along with interest and penalty under Section 74 of the CGST Act, 2017. In August 2023, the Company paid the demand amount i.e. Rs. 1,98,153/- along with the interest of Rs. 2,10,551/-, however an appeal was filed by the Company in February 2024 against the penalty amount of Rs. 99,077/- [50% of tax liability under Section 74(11) of CGST Act, 2017]. Vide the said Order-in-Appeal, the appeal filed by the Company was rejected on the grounds that mere payment of tax and interest does not hold the penalty not imposable and since the short-payment was detected during audit and tax and interest were paid only after issuance of the show cause notice, the case squarely falls under section 74 and penalty is mandatorily leviable. Now, the Company intends to file a further appeal before the GST Appellate Tribunal (GSTAT) within the due date, to seek relief against the said Order-In-Appeal, relying on several supportive High Court decisions. There is no material impact on financials, operations or other activities of the Company.
2 Additional Commissioner (Appeals), CGST & Central Excise, Thane Rural. ORDER–IN–APPEAL no. DS/ADC/362/APPEALS THANE/TR/2025-26 dated March 30, 2026 (said Order-In-Appeal) 09-Apr-2026 The Company had, on December 1, 2023 intimated BSE Limited and National Stock Exchange of India Limited, about receipt of an order bearing reference number CGST/TR/Dn-VI/R-II/09/EPPL/328/2023-24/78 dated November 24, 2023 from Assistant Commissioner, CGST & Central Excise, Division-VI, Thane Rural Commissionerate, Maharashtra, with regards to short payment of GST under RCM on services received from working Director of the Company, thereby (i) demanding GST under RCM with respect to remuneration of earlier Managing Director along with penalty in that regard, totalling to Rs. 69,48,000/-, and (ii) demanding payment 50% penalty of tax amount, arising due to charging of lower tax rate amounting to Rs. 99,077/-. In that regard, the Company had, on February 19, 2024 filed an appeal against the order dated November 24, 2023. This appeal was allowed in favour of the Company vide the said Order-in-Appeal concluding that the Company did not receive any services from the Managing Director other than in his capacity as an employee, and the demand raised is liable to be rejected as the Managing Director’s remuneration does not fall under Section 194J of the IT Act, 1961. Hence, this case is treated as settled and closed. There is no material impact on financials, operations or other activities of the Company.
3 Central Ground Water Board, West Central Region Ground water charge invoice detail [Invoice no. 22884 dated January 20, 2026] 20-Jan-2026 The Company has a ‘No Objection Certificate for Ground Water Abstraction (CGWA NOC)’ for its plant located in Dhanoli, Gujarat, issued by Ministry of Jal Shakti, Department of Water Resources, River Development & Ganga Rejuvenation Central Ground Water Authority, which was valid till May 23, 2025. The Company had applied for the renewal of CGWA NOC, however the same was rejected due to mismatch of Company’s name in its GPCB consent and the CGWA NOC renewal application. The Company is in the process of completing the requisite formalities for resolving the issue. Meanwhile, a penalty of Rs. 1,00,000/- was levied for non-renewal of CGWA NOC, which was paid by the Company in the month of January 2026. There is no material impact on financials, operations or other activities of the Company.


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