Integrated Filing-Governance



General information about company

Scrip Code 500245
NSE Symbol KIRLFER
MSEI Symbol NOTLISTED
ISIN INE884B01025
Name of the entity Kirloskar Ferrous Industries Limited
Date of start of financial year 01-Apr-2025
Date of end of financial year 31-Mar-2026
Reporting Quarter Yearly
Date of Quarter Ending 31-Mar-2026
Type of company Equity
Whether Annexure I (Part A) of the SEBI Circular dated December 31, 2024 related to Compliance Report on Corporate Governance is applicable to the entity? Yes
Whether Annexure I (Part B) of the SEBI Circular dated December 31, 2024 related to Investor Grievance Redressal Report is Applicable to the entity? Yes
Whether Annexure I (Part C) of the SEBI Circular dated December 31, 2024 related to Disclosure of Acquisition of Shares or Voting Rights in Unlisted Companies is Applicable to the entity? No
Reason For Part C Of Annexure I Disclosure Of Acquisition Of Shares OrVotingRightsInUnlistedCompaniesIsNotApplicableToTheEntity No such incidence during the reporting quarter.
Whether Annexure I (Part D) of the SEBI Circular dated December 31, 2024 related to Disclosure of Imposition of Fine or Penalty is Applicable to the entity? 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? 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 No such incidence during the reporting quarter.
Risk management committee Yes
Market Capitalisation as per immediate previous Financial Year Top 1000 listed entities
Is SCORE ID Available ? Yes
SCORE Registration ID k00145
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 Notes : 1. The Members at their extra ordinary general meeting held on 21 December 2021 have appointed Mr. Venkataramani Sathyamoorthy as an Independent Director to hold office for a term upto 21 October 2026. 2. The Members at their annual general meeting held on 1 August 2022 have appointed Mr. Raviprakasha Srinivasa Srivatsan, Chief Financial Officer as the Executive Director (Finance) for a period of 5 years with effect from 17 May 2022. 3. By way of the postal ballot, the Members of the Company have appointed Mr. Pravir Kumar Vohra as an Independent Director of the Company on 16 October 2022 to hold the office for a term upto 4 August 2027. 4. The Members at their annual general meeting held on 3 August 2023 have reappointed Mr. Ravindranath Venkatesh Gumaste as the Managing Director for a period of 5 years with effect from 1 July 2023. 5. The Members at their annual general meeting held on 3 August 2023 have appointed Dr. Shalini Sarin as an Independent Director to hold office for a term upto 12 May 2028. 6. The Members at their annual general meeting held on 24 September 2024 have reappointed Mr. Vijaydipak Mukundprasad Varma as an Independent Director to hold office for a term upto 30 September 2026. 7. The Members at their annual general meeting held on 24 September 2024 have appointed Mr. Nishikant Balkrishna Ektare as the Executive Director (Operations) for a term from 9 August 2024 to 9 March 2027. 8. The Members at their annual general meeting held on 24 September 2024 have appointed Mr. Maruthuvakudi Sankaranarayana Srinivasan as an Independent Director to hold office for a term upto 15 July 2029. 9. The Members at their annual general meeting held on 24 September 2024 have appointed Mr. Pattanasetty Rajashekhar as an Independent Director to hold office for a term upto 8 August 2029. 10. The Members at their annual general meeting held on 24 September 2024 have appointed Mr. Sourirajan Rajagopalan as an Independent Director to hold office for a term upto 31 August 2028. 11. The Members at their annual general meeting held on 4 August 2025 have appointed Ms. Aditi Atul Kirloskar as a Director liable to retire by rotation. 12. The Members of the Company have appointed Mr. Aman Rahul Kirloskar as a Director liable to retire by rotation by way of the postal ballot on 12 January 2026.
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. Rahul Chandrakant Kirloskar 00007319 Non-Executive - Non Independent Director Chairperson related to Promoter 07-Jul-1963 No NA 28-Oct-2013 04-Aug-2025 4 0 3 1
2 Mr. Ravindranath Venkatesh Gumaste 00082829 Executive Director Not Applicable MD 21-Mar-1958 No NA 25-Jul-2002 03-Aug-2023 1 0 0 0
3 Mr. Vijaydipak Mukundprasad Varma 00011352 Non-Executive - Independent Director Not Applicable 05-Oct-1951 No NA 05-Mar-2020 24-Sep-2024 73 2 2 4 0
4 Mr. Venkataramani Sathyamoorthy 00229998 Non-Executive - Independent Director Not Applicable 01-Feb-1962 No NA 22-Oct-2021 53 2 2 2 1
5 Mr. Raviprakasha Srinivasa Srivatsan 09607651 Executive Director Not Applicable 13-Mar-1963 No NA 17-May-2022 1 0 1 0
6 Mr. Pravir Kumar Vohra 00082545 Non-Executive - Independent Director Not Applicable 18-May-1954 No NA 05-Aug-2022 44 3 3 4 0
7 Mrs. Shalini Sarin 06604529 Non-Executive - Independent Director Not Applicable 15-Jun-1965 No NA 13-May-2023 35 6 6 4 1
8 Mr. Maruthuvakudi Sankaranarayana Srinivasan 10709097 Non-Executive - Independent Director Not Applicable 27-Jun-1967 No NA 16-Jul-2024 21 1 1 0 0
9 Mr. Nishikant Balakrishna Ektare 02109633 Executive Director Not Applicable 28-Oct-1960 No NA 09-Aug-2024 1 0 0 0
10 Mr. Pattanasetty Rajashekhar 09514548 Non-Executive - Independent Director Not Applicable 22-Jul-1957 No NA 09-Aug-2024 20 1 1 0 0
11 Mr. Sourirajan Rajagopalan 10738323 Non-Executive - Independent Director Not Applicable 27-Sep-1953 No NA 10-Aug-2024 20 1 1 0 0
12 Ms. Aditi Atul Kirloskar 07480446 Non-Executive - Non Independent Director Not Applicable 02-Feb-1985 No NA 10-May-2025 1 0 0 0
13 Mr. Aman Rahul Kirloskar 09823056 Non-Executive - Non Independent Director Not Applicable 06-Sep-1994 No NA 07-Nov-2025 1 0 0 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 00229998 Venkataramani Sathyamoorthy Non-Executive - Independent Director Chairperson 10-Oct-2023
2 00011352 Vijaydipak Mukundprasad Varma Non-Executive - Independent Director Member 13-Aug-2020
3 00082545 Pravir Kumar Vohra Non-Executive - Independent Director Member 13-Aug-2022



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 06604529 Shalini Sarin Non-Executive - Independent Director Chairperson 10-Oct-2023
2 00007319 Rahul Chandrakant Kirloskar Non-Executive - Non Independent Director Member 25-Sep-2024
3 00229998 Venkataramani Sathyamoorthy Non-Executive - Independent Director Member 16-Jul-2024



Stakeholders Relationship Committee
Whether the Stakeholders Relationship Committee has a Regular Chairperson Yes
Sr DIN Number Name of Committee members Category 1 of directors Category 2 of directors Date of Appointment Date of Cessation Remarks
1 00007319 Rahul Chandrakant Kirloskar Non-Executive - Non Independent Director Chairperson 25-Sep-2024
2 00011352 Vijaydipak Mukundprasad Varma Non-Executive - Independent Director Member 13-Aug-2020
3 09607651 Raviprakasha Srinivasa Srivatsan Executive Director Member 25-Sep-2024



Risk Management Committee
Whether the Risk Management Committee has a Regular Chairperson Yes
Sr DIN Number Name of Committee members Category 1 of directors Category 2 of directors Date of Appointment Date of Cessation Remarks
1 00011352 Vijaydipak Mukundprasad Varma ID Chairperson 26-Jul-2021
2 00082829 Ravindranath Venkatesh Gumaste ED Member 26-Jul-2021
3 00082545 Pravir Kumar Vohra ID Member 10-Oct-2023
4 00229998 Venkataramani Sathyamoorthy ID Member 25-Sep-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 06-Nov-2025 Yes 12 11 7
2 10-Feb-2026 95 Yes 13 12 7
3 09-Mar-2026 26 Yes 13 13 7



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 06-Nov-2025 Yes 3 3 3 0
2 Audit Committee 10-Feb-2026 95 Yes 3 3 3 0
3 Audit Committee 09-Mar-2026 26 Yes 3 3 3 0
4 Nomination and remuneration committee 10-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) 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 compliance report on corporate governance for the quarter ended 31 December 2025 was placed before the meeting of the Board of Directors held on 10 February 2026. The Board noted the same.



Annexure 1
Sr Subject Compliance status
1 Name of signatory Mayuresh Gharpure
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 www.kirloskarferrous.com
1.2 Memorandum of Association and Articles of Association Yes www.kirloskarferrous.com
1.3 Brief profile of board of directors including directorship and full time positions in body corporates Yes www.kirloskarferrous.com
2 Terms and conditions of appointment of independent directors Yes www.kirloskarferrous.com
3 Composition of various committees of board of directors Yes www.kirloskarferrous.com
4 Code of conduct of board of directors and senior management personnel Yes www.kirloskarferrous.com
5 Details of establishment of vigil mechanism or whistle blower policy Yes www.kirloskarferrous.com
6 Criteria of making payments to non-executive directors Yes www.kirloskarferrous.com
7 Policy on dealing with related party transactions Yes www.kirloskarferrous.com
8 Policy for determining material subsidiaries Yes www.kirloskarferrous.com
9 Details of familiarization programmes imparted to independent directors Yes www.kirloskarferrous.com
10 Contact information of the designated officials of the listed entity who are responsible for assisting and handling investor grievances Yes www.kirloskarferrous.com
11 Email address for grievance redressal and other relevant details Yes www.kirloskarferrous.com
12 Financial results Yes www.kirloskarferrous.com
13 Shareholding pattern Yes www.kirloskarferrous.com
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 www.kirloskarferrous.com
15.2 Audio or video recordings and transcripts of post earnings/quarterly calls Yes www.kirloskarferrous.com
16 New name and the old name of the listed entity NA
17 Advertisements as per regulation 47 (1) Yes www.kirloskarferrous.com
18 Credit rating or revision in credit rating obtained Yes www.kirloskarferrous.com
19 Separate audited financial statements of each subsidiary of the listed entity Yes www.kirloskarferrous.com
20 Secretarial compliance report Yes www.kirloskarferrous.com
21 Materiality policy as per regulation 30 (4) Yes www.kirloskarferrous.com
22 Disclosure of contact details of KMP who are authorized for the purpose of determining materiality as required under regulation 30(5) Yes www.kirloskarferrous.com
23 Disclosures under regulation 30(8) Yes www.kirloskarferrous.com
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 www.kirloskarferrous.com
26.1 Annual return as provided under section 92 of the Companies Act 2013 Yes www.kirloskarferrous.com
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 www.kirloskarferrous.com
28 Compliance with regulation 46(3) with respect to accuracy of disclosures on the website and timely updation Yes www.kirloskarferrous.com
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) NA
35 Other Corporate Governance requirements with respect to subsidiary of listed entity 24(2),(3),(4),(5) & (6) Yes
36 Alternate Director to Independent Director 25(1) NA
37 Maximum Tenure 25(2) Yes
38 Appointment, Re-appointment or removal of an Independent Director through special resolution or the alternate mechanism 25(2A) Yes
39 Meeting of independent directors 25(3) & (4) Yes
40 Familiarization of independent directors 25(7) Yes
41 Declaration from Independent Director 25(8) & (9) Yes
42 Directors and Officers insurance 25(10) Yes
43 Confirmation with respect to appointment of Independent Directors who resigned from the listed entity 25(11) NA
44 Memberships in Committees 26(1) Yes
45 Affirmation with compliance to code of conduct from members of Board of Directors and Senior management personnel 26(3) Yes
46 Policy with respect to Obligations of directors and senior management 26(2) & 26(5) Yes
47 Approval of the Board and shareholders for compensation or profit sharing in connection with dealings in the securities of the listed entity 26(6) 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 Mayuresh Gharpure
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 Mayuresh Gharpure
Designation of person Company Secretary and Compliance Officer
Place Pune
Date 30-Apr-2026


Investor Grievance Details
No. of investor complaints pending at the beginning of Quarter 4
No. of investor complaints received during the Quarter 21
No. of investor complaints disposed off during the Quarter 25
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
1 Maharashtra Pollution Control Board, Regional Office, Pune Fine was imposed on the Company pursuant to provisions of the Water (Prevention and Control of Pollution) Act, 1974 and the Air (Prevention and Control of Pollution) Act, 1981. 21-Jan-2026 At the Effluent Treatment Plant (‘ETP’) situated in the factory at Baramati, Maharashtra; accumulated sludge in drying bed got mixed with rain water due to heavy rainfall and sludge-mixed water spilled over on the surrounding area of the ETP. Causes of the incident and details of remedial actions being taken in relation thereto were placed before the Authority for consideration. After hearing in the matter, remedial actions being taken were noted by the Authority. However, it was concluded that the incident has resulted into contravention and the fine was imposed on the Company. Fine of ₹ 5 Lakh was recovered from the bank guarantee kept with the Authority as the security. It does not have any material impact on financial, operational 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
1 Income Tax Act, 1961 - Demand Notice from the Income Tax Authority in respect of the Assessment Year 2021-2022. 28-Dec-2022 Appeal filed with National Faceless Appeal Centre Appeal filed with National Faceless Appeal Centre
2 Income Tax Act, 1961 - Order passed by the National Assessment Centre disallowing few items in the statement of profit and loss. 08-Sep-2022 Appeal filed with National Faceless Appeal Centre Appeal filed with National Faceless Appeal Centre