Integrated Filing-Governance



General information about company

Scrip Code 532051
NSE Symbol SWELECTES
MSEI Symbol NOTLISTED
ISIN INE409B01013
Name of the entity SWELECT ENERGY SYSTEMS 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? Yes
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 There is no imposition of fine or penalty during the quarter ended 31st March 2026.
Whether Annexure I (Part E) of the SEBI Circular dated December 31, 2024 related to Disclosure of Updates to Ongoing Tax Litigations or Disputes is Applicable to the entity? Yes
Whether Annexure I (Part F) of the SEBI Circular dated December 31, 2024 related to Disclosure Of Loans / Guarantees / Comfort Letters / Securities Etc. is Applicable to the entity? No
Reason For Part F Of Annexure I Disclosure Of Loans Or Guarantees Or Comfort Letters Or Securities Etc Is Not Applicable To The Entity As per the FAQ (Circular reference No NSE/CML/2023/31 Date: 10.04.2023) given by NSE it is not applicable for the Company.
Risk management committee No
Market Capitalisation as per immediate previous Financial Year Top 2000 listed entities
Is SCORE ID Available ? Yes
SCORE Registration ID n00177
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 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. SUNDARAM ANNADURAI 00137561 Non-Executive - Independent Director Chairperson 31-Jul-1949 No Active Yes 26-Jul-2023 28-Jun-2017 28-Jun-2022 105.03 1 1 1 0
2 Mr. CHELLAPPAN RAMASAMY GOUNDER 00016958 Executive Director Not Applicable 08-May-1953 No Active NA 12-Sep-1994 04-Sep-2025 1 0 0 0
3 Mr. ARULKUMAR PUDUR SHANMUGASUNDARAM 08371976 Executive Director Not Applicable CEO-MD 11-Feb-1968 No Active NA 04-Sep-2025 04-Sep-2025 1 0 0 0
4 Mr. ARTHANARI BALAN 00017091 Executive Director Not Applicable 10-May-1953 No Active NA 03-Oct-2015 04-Sep-2025 1 0 0 0
5 Mr. KONGANAPURAM VENKATESAN NACHIAPPAN 00017182 Executive Director Not Applicable 30-Sep-1965 No Active NA 20-Apr-2018 20-Apr-2023 1 0 3 0
6 Mr. VENKATAGIRI CHELLAPPAN RAGHUNATH 00703922 Executive Director Not Applicable 11-Jul-1981 No Active NA 11-Nov-2013 28-Jul-2024 1 0 2 0
7 Ms. VENKATAGIRI CHELLAPPAN MIRUNALINI 07860175 Executive Director Not Applicable 08-Dec-1984 No Active NA 28-Jun-2017 28-Jun-2022 1 0 0 0
8 Mrs. NACHIAPPAN JAYASHREE 03173327 Non-Executive - Non Independent Director Not Applicable 15-Dec-1966 No Active NA 13-Aug-2012 13-Aug-2012 1 0 2 0
9 Mr. GNANASEKAR SUKUMAR SAMUEL 05284689 Non-Executive - Non Independent Director Not Applicable 31-May-1951 No Active Yes 15-Nov-2025 04-Sep-2025 15-Nov-2025 1 0 0 0
10 Mr. SELVARAJAN INIYAN 08355447 Non-Executive - Independent Director Not Applicable 28-May-1961 No Active NA 01-Apr-2019 01-Apr-2024 84 1 1 4 4
11 Mr. MUTHUSAMY RAVI 08066520 Non-Executive - Independent Director Not Applicable 25-May-1962 No Active NA 11-Feb-2023 11-Feb-2023 37.18 3 3 6 1
12 Mrs. UMA PRAKASH 03206624 Non-Executive - Independent Director Not Applicable 26-Jul-1962 No Active NA 30-May-2025 30-May-2025 10.01 1 1 2 2



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 03206624 UMA PRAKASH Non-Executive - Independent Director Chairperson 28-Jul-2025
2 00137561 SUNDARAM ANNADURAI Non-Executive - Independent Director Member 10-May-2018
3 03173327 NACHIAPPAN JAYASHREE Non-Executive - Non Independent Director Member 05-Aug-2013



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 03206624 UMA PRAKASH Non-Executive - Independent Director Chairperson 28-Jul-2025
2 08066520 MUTHUSAMY RAVI Non-Executive - Independent Director Member 01-Apr-2024
3 03173327 NACHIAPPAN JAYASHREE Non-Executive - Non Independent Director Member 03-Oct-2015



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 03206624 UMA PRAKASH Non-Executive - Independent Director Chairperson 28-Jul-2025
2 00017182 KONGANAPURAM VENKATESAN NACHIAPPAN Executive Director Member 01-Apr-2019
3 03173327 NACHIAPPAN JAYASHREE Non-Executive - Non Independent Director Member 05-Nov-2012



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 00016958 CHELLAPPAN RAMASAMY GOUNDER ED Chairperson 01-Apr-2008
2 00703922 VENKATAGIRI CHELLAPPAN RAGHUNATH ED Member 06-Feb-2014
3 03173327 NACHIAPPAN JAYASHREE NED Member 06-Feb-2014
4 08371976 ARULKUMAR PUDUR SHANMUGASUNDARAM ED Member 04-Sep-2025



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 13-Nov-2025 Yes 12 12 4
2 21-Jan-2026 68 Yes 12 12 4
3 13-Feb-2026 22 Yes 12 11 3
4 27-Mar-2026 41 Yes 12 12 4



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 13-Nov-2025 Yes 3 3 2 0
2 Audit Committee 13-Feb-2026 91 Yes 3 3 2 0
3 Audit Committee 27-Mar-2026 41 Yes 3 3 2 0
4 Nomination and remuneration committee 13-Feb-2026 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) NA
6 The committee members have been made aware of their powers, role and responsibilities as specified in SEBI (Listing obligations and disclosure requirements) Regulations, 2015. Yes
7 The meetings of the board of directors and the above committees have been conducted in the manner as specified in SEBI (Listing obligations and disclosure requirements) Regulations, 2015 Yes
8 This report and/or the report submitted in the previous quarter has been placed before Board of Directors. Yes
9 Any comments/observations/advice of Board of Directors may be mentioned here:



Annexure 1
Sr Subject Compliance status
1 Name of signatory J BHUVANESWARI
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://swelectes.com/index.php
1.2 Memorandum of Association and Articles of Association Yes https://swelectes.com/investors/leadership/moa-and-aoa.php
1.3 Brief profile of board of directors including directorship and full time positions in body corporates Yes https://swelectes.com/investors/leadership/board-of-directors.php
2 Terms and conditions of appointment of independent directors Yes https://swelectes.com/investors/leadership/appointment-of-independent-directors.php
3 Composition of various committees of board of directors Yes https://swelectes.com/investors/leadership/committees-board.php
4 Code of conduct of board of directors and senior management personnel Yes https://swelectes.com/pdf/policies/co-board.pdf
5 Details of establishment of vigil mechanism or whistle blower policy Yes https://swelectes.com/pdf/policies/whistle-blower-policy-and-vigil-mechanism.pdf
6 Criteria of making payments to non-executive directors Yes https://swelectes.com/pdf/policies/criteria%20for%20making%20payment%20to%20non-ex%20dir.pdf
7 Policy on dealing with related party transactions Yes https://swelectes.com/pdf/policies/RPT%20Policy.pdf
8 Policy for determining material subsidiaries Yes https://swelectes.com/pdf/policies/Material%20Subsidiary%20SWELECT.pdf
9 Details of familiarization programmes imparted to independent directors Yes https://swelectes.com/pdf/policies/Familiarization%20Programme%2025-26.pdf
10 Contact information of the designated officials of the listed entity who are responsible for assisting and handling investor grievances Yes https://swelectes.com/investors/contact/investor-grievances-and-redressal.php
11 Email address for grievance redressal and other relevant details Yes https://swelectes.com/investors/contact/investor-grievances-and-redressal.php
12 Financial results Yes https://swelectes.com/investors/financial-information/audited-unaudited-financial-results.php?year=2025-2026
13 Shareholding pattern Yes https://swelectes.com/investors/regulatory-informtion/shareholding-pattern.php?year=2025-2026
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 NA
15.2 Audio or video recordings and transcripts of post earnings/quarterly calls NA
16 New name and the old name of the listed entity NA
17 Advertisements as per regulation 47 (1) Yes https://swelectes.com/investors/newspaper-advertisements.php
18 Credit rating or revision in credit rating obtained Yes https://swelectes.com/investors/credit-rating.php
19 Separate audited financial statements of each subsidiary of the listed entity Yes https://swelectes.com/investors/financial-information/audited-accounts-of-subsidiary-companies.php?year=2024-2025
20 Secretarial compliance report Yes https://swelectes.com/investors/regulatory-informtion/annual-secretarial-compliance.php?year=2024-2025
21 Materiality policy as per regulation 30 (4) Yes https://swelectes.com/pdf/policies/POLICYFORDETERMINATIONOFMATERIALITYOF-EVENTS.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://swelectes.com/pdf/policies/Disclosure-under-Regulation-305-of-SEBILODR-Regulations-20.pdf
23 Disclosures under regulation 30(8) Yes https://swelectes.com/investors/stock-exchange-communication.php?year=2025-2026
24 Statements of deviation(s) or variations(s) as specified in regulation 32 NA
25 Dividend distribution policy as specified in regulation 43A (1) NA
26.1 Annual return as provided under section 92 of the Companies Act 2013 Yes https://swelectes.com/investors/financial-information/annual-return.php
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://swelectes.com/investors/sebi.php
28 Compliance with regulation 46(3) with respect to accuracy of disclosures on the website and timely updation Yes https://swelectes.com/investors.php
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) NA
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) 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) NA
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 J.BHUVANESWARI
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 J BHUVANESWARI
Designation of person Company Secretary and Compliance Officer
Place CHENNAI
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 1. In continuation to the intimation made under Integrated Governance Report for the Quarter ended 31st December, 2025, the Company had made second tranche of investment in the subsidiary ESG GREEN ENERGY PRIVATE LIMITED during January 2026, resulting in the percentage of shareholding of the Company increasing from 65.78% to 73.98% as at the end of the quarter ended March 31, 2026. To reflect the correct aggregate holding percentage of shares or voting rights as at the end of the quarter ended March 31, 2026, the percentage of shares or voting rights acquired during the quarter is mentioned as 8.20% 2. Further, SWELECT Energy Systems Limited (SESL) along with FortifyGrid LLC (Fortify) incorporated a Joint Venture company on 18th March, 2026 named SWELECT FORTIFYGRID INDIA PRIVATE LIMITED, where SESL and Fortify are the subscribers to the memorandum and each have subscribed 50,000 equity shares of Rs.10 each. However, the cash remittance of Rs. 5,00,000 each is yet to be made by the subscribers to the memorandum towards the subscription amount.
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
1 ESG GREEN ENERGY PRIVATE LIMITED 05-Jan-2026 65.7800 8.200 73.9800
2 SWELECT FORTIFYGRID INDIA PRIVATE LIMITED 18-Mar-2026 0 50.0 50.0


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 31-Mar-2010 1.Disallowance of depreciation expense 2.Disallowance of Software development expenses 3.Disallowance of Bad debts written off 4.14A disallowance Submission before the CIT(A) is filed and the same is pending for adjudication as on date..
2 Income tax department 31-Mar-2011 1.Depreciation on interior decoration expenses capitalized 2.Disallowance bad debts written off 3.Disallowance of donation and pooja expenses 4.14A Disallowance 5.Deduction under section 10B CIT(A) appeal has been filed and the same is pending for adjudication as on date.
3 Income tax department 31-Mar-2012 Disallowance of deduction under section 80IB of the Act Submission before the CIT(A) is filed and the same is pending for adjudication as on date.
4 Income tax department 31-Mar-2013 Matters before CIT(A) -14A disallowance and bad debts written off. Short grant of advance tax issue pending before AO. The Company received a favorable order from the CIT(A) wherein the adjustments proposed by the AO were deleted. Currently, the Company is awaiting Order Giving Effect (‘OGE’) from the AO.
5 Income tax department 31-Mar-2014 14A Disallowance recumputaion pending with AO Submission before the CIT(A) is filed and the same is pending for adjudication as on date.
6 Income tax department 31-Mar-2015 14A Disallowance The Company has filed an application before the AO requesting to pass OGE to the ITAT order. In this regard, we understand that the demand shall be nullified upon processing of the OGE application.
7 Income tax department 31-Mar-2017 DDT was remitted within due date - Interest under section 115P of the Act has been levied in the rectified assessment order. Rectification application has been filed before the AO. In this regard, we understand that the demand shall be nullified upon processing of the rectification application. Currently, tax authorities have sought confirmation if the DDT refund amounting to INR 508,912 has been credited to Company’s bank account.
8 Income tax department 31-Mar-2018 Short grant of TDS credit and consequential effect on 234B and 234C of the Act The Company is currently in the process of filing the rectification application before the AO. Please note that the said demand is on account of short grant of TDS credit. Basis our perusal of the latest Form 26AS, we understand that there is a short grant of TDS to the tune of INR 74,333 only. Accordingly, the said demand shall be reduced to the extent of INR 74,333 only if the corresponding income has been offered to tax by the Company.
9 Income tax department 31-Mar-2019 DDT remitted was not considered and interest under section 115P was levied. Submission before the CIT(A) is filed and the same is pending for adjudication as on date.
10 Income tax department 31-Mar-2023 Disllaowed depreciation Submission before the CIT(A) is filed and the same is pending for adjudication as on date.
11 Department of Goods and Services Tax 31-Mar-2023 The grounds and qualification as stated by authorities is as follows: - GST Liability on account place of supply. Responded to SCN
12 Department of Sales Tax 31-Mar-2007 Disputed turnover-Delhi Vat Act, 2004 Pending with AO
13 Department of Sales Tax 31-Mar-2013 Non submission of F-forms & C-Forms to the Department -The Central Sales Tax ( Assam), Rules 1957 Pending with AO
14 Department of Excise 27-Sep-2024 Central Excise Appeal No. 16/2025 before the High Court of Karnataka challenging Final Order Nos. 20920 – 20921/2024 dated 27.09.2024 passed by CESTAT Bangalore denying exemption from BCD, CVD & SAD for the periods April 2009 to June 2012 and October 2013 to March 2013 Appeal filed before the High Court of Karnataka. Pending for admission and stay.
15 Department of Excise 20-Mar-2025 Central Excise Appeal No.45/2025 before the High Court of Karnataka challenging the CESTAT Final Order Nos. 20516 – 20519/2025 dated 20.03.2025 passed by CESTAT Bangalore in respect of denial of exemption from payment of CVD and SAD under alternate exemption Notifications Appeal filed before the High Court of Karnataka. Pending for admission and stay.