Integrated Filing-Governance



General information about company

Scrip Code 544111
NSE Symbol PARKHOTELS
MSEI Symbol NOTLISTED
ISIN INE988S01028
Name of the entity Apeejay Surrendra Park Hotels 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 and financial year ended on March 31, 2026, there were no acquisitions of shares or voting rights in unlisted companies in terms of sub-para 1 of para A of Part A of Schedule III.
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 and financial year ended on March 31, 2026, no fine or penalty was imposed in terms of sub-para 20 of para A of Part A of Schedule III.. Therefore, disclosure under Annexure I (Part D) of the SEBI Circular dated December 31, 2024 is not applicable to the Company.
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 During the quarter and financial year ended March 31, 2026, the Company has not granted any loans/Guarantees/Comfort Letters/Securities etc. Therefore, Disclosure under Annexure I (Part F) of the SEBI Circular dated December 31, 2024 is not applicable to the Company.
Risk management committee Yes
Market Capitalisation as per immediate previous Financial Year Top 1000 listed entities
Is SCORE ID Available ? Yes
SCORE Registration ID COMA01125
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 Mr. Suresh Kumar, Independent Director and Chairperson of the Audit and Risk Management Committee, retired from the Board of the Company with effect from the close of business hours on March 28, 2026, upon completion of his stipulated tenure. Accordingly, for the purpose of calculating his directorships in listed entities, independent directorships, and the number of memberships and chairpersonships in Audit and Stakeholder Committees as on March 31, 2026, his positions in the reporting entity have not been considered.
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 Ms. Priya Paul 00051215 Executive Director Chairperson 30-Apr-1966 No Active NA 05-May-1999 01-Jun-2025 322.25 2 1 2 0
2 Mr. Karan Paul 00007240 Non-Executive - Non Independent Director Not Applicable 03-Nov-1969 No Active NA 07-Feb-2005 253.23 1 0 3 0
3 Mr. Vijay Dewan 00051164 Executive Director Not Applicable MD 18-Aug-1959 No Active NA 01-Dec-2008 01-Dec-2024 207.29 2 1 4 2
4 Mr. Suresh Kumar 02741371 Non-Executive - Independent Director Not Applicable 08-Feb-1958 No Active NA 29-Mar-2018 29-Mar-2021 28-Mar-2026 96.01 1 1 2 2 Tenure Completion
5 Ms. Ragini Chopra 07654254 Non-Executive - Independent Director Not Applicable 25-Dec-1952 No Active NA 23-Dec-2019 23-Dec-2022 75.07 2 2 1 0
6 Mr. Ranjit Kumar Pachnanda 03358887 Non-Executive - Independent Director Not Applicable 23-Oct-1958 No Active NA 15-Feb-2025 13.15 2 2 3 1
7 Mr. Raveesh Kumar Bhatia 11618896 Non-Executive - Independent Director Not Applicable 07-Jan-1996 No Active NA 27-Mar-2026 0.04 1 1 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 02741371 Suresh Kumar Non-Executive - Independent Director Chairperson 21-Dec-2019 28-Mar-2026
2 00051164 Vijay Dewan Executive Director Member 21-Dec-2019
3 07654254 Ragini Chopra Non-Executive - Independent Director Member 08-Feb-2025
4 03358887 Ranjit Kumar Pachnanda Non-Executive - Independent Director Chairperson 15-Feb-2025
5 11618896 Raveesh Kumar Bhatia Non-Executive - Independent Director Member 27-Mar-2026



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 02741371 Suresh Kumar Non-Executive - Independent Director Member 21-Dec-2019 28-Mar-2026
2 07654254 Ragini Chopra Non-Executive - Independent Director Chairperson 21-Dec-2019
3 00051215 Priya Paul Executive Director Member 21-Dec-2019
4 03358887 Ranjit Kumar Pachnanda Non-Executive - Independent Director Member 15-Feb-2025
5 11618896 Raveesh Kumar Bhatia Non-Executive - Independent Director Member 27-Mar-2026



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 00051215 Priya Paul Executive Director Member 21-Dec-2019
2 00007240 Karan Paul Non-Executive - Non Independent Director Member 21-Dec-2019
3 00051164 Vijay Dewan Executive Director Member 21-Dec-2019
4 03358887 Ranjit Kumar Pachnanda Non-Executive - Independent Director Chairperson 15-Feb-2025



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 02741371 Suresh Kumar ID Chairperson 21-Dec-2019 28-Mar-2026
2 00051164 Vijay Dewan ED Member 21-Dec-2019
3 07654254 Ragini Chopra ID Member 08-Feb-2025
4 03358887 Ranjit Kumar Pachnanda ID Chairperson 15-Feb-2025
5 11618896 Raveesh Kumar Bhatia ID Member 27-Mar-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 11-Nov-2025 Yes 6 5 3
2 04-Feb-2026 84 Yes 6 6 3



Annexure 1
IV. Meeting of Committees
Disclosure of notes on meeting of committees explanatory
Sr Name of Committee Date(s) of meeting (Enter dates of Previous quarter and Current quarter in chronological order) Maximum gap between any two consecutive (in number of days) Name of other committee Reson for not providing date Whether requirement of Quorum met (Yes/No) Total Number of Directors in the Committee as on date of the meeting Number of Directors Present (All Directors including Independent Director) No. of Independent Directors attending the meeting* No. of members attending the meeting (other than Board of Directors)
1 Audit Committee 11-Nov-2025 Yes 4 4 3 0
2 Audit Committee 04-Feb-2026 84 Yes 4 4 3 0
3 Risk Management Committee 11-Nov-2025 Yes 4 4 3 0
4 Risk Management Committee 04-Feb-2026 84 Yes 4 4 3 0
5 Stakeholders Relationship Committee 04-Feb-2026 Yes 4 4 1 0
6 Nomination and remuneration committee 11-Nov-2025 Yes 4 4 3 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 Shalini Keshan
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.theparkhotels.com/investor-relations/
1.2 Memorandum of Association and Articles of Association Yes https://www.theparkhotels.com/investor-relations/corporate-governance.html
1.3 Brief profile of board of directors including directorship and full time positions in body corporates Yes https://www.theparkhotels.com/investor-relations/corporate-governance.html
2 Terms and conditions of appointment of independent directors Yes https://www.theparkhotels.com/images/site-specific/corporate-site/terms-and-conditions-of-appointment-of-independent-directors.pdf
3 Composition of various committees of board of directors Yes https://www.theparkhotels.com/pdf/investor-relations/board-committee-and-terms-of-reference.pdf
4 Code of conduct of board of directors and senior management personnel Yes https://www.theparkhotels.com/images/site-specific/corporate-site/code-for-independent-directors-as-per-companies-act--2013.pdf
5 Details of establishment of vigil mechanism or whistle blower policy Yes https://www.theparkhotels.com/images/site-specific/corporate-site/whistle-blower-policy.pdf
6 Criteria of making payments to non-executive directors Yes https://www.theparkhotels.com/pdf/policy-on-nomination--remuneration---board-diversity.pdf
7 Policy on dealing with related party transactions Yes https://www.theparkhotels.com/images/site-specific/corporate-site/policy-on-related-party-transactions.pdf
8 Policy for determining material subsidiaries Yes https://www.theparkhotels.com/images/site-specific/corporate-site/policy-on-material-subsidiaries.pdf
9 Details of familiarization programmes imparted to independent directors Yes https://www.theparkhotels.com/images/site-specific/corporate-site/policy-on-familiarization-of-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.theparkhotels.com/investor-relations/investor-contacts.html
11 Email address for grievance redressal and other relevant details Yes https://www.theparkhotels.com/investor-relations/investor-contacts.html
12 Financial results Yes https://www.theparkhotels.com/investor-relations/financial-information.html
13 Shareholding pattern Yes https://www.theparkhotels.com/investor-relations/corporate-announcements-shareholding-pattern-and-reports.html
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.theparkhotels.com/investor-relations/financial-information.html
15.2 Audio or video recordings and transcripts of post earnings/quarterly calls Yes https://www.theparkhotels.com/investor-relations/financial-information.html
16 New name and the old name of the listed entity NA
17 Advertisements as per regulation 47 (1) Yes https://www.theparkhotels.com/investor-relations/corporate-announcements-shareholding-pattern-and-reports.html
18 Credit rating or revision in credit rating obtained Yes https://www.theparkhotels.com/images/site-specific/corporate-site/credit-ratings.pdf
19 Separate audited financial statements of each subsidiary of the listed entity Yes https://www.theparkhotels.com/investor-relations/financial-information.html
20 Secretarial compliance report Yes https://www.theparkhotels.com/investor-relations/annual-reports.html
21 Materiality policy as per regulation 30 (4) Yes https://www.theparkhotels.com/images/site-specific/corporate-site/materiality-policy.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.theparkhotels.com/images/site-specific/corporate-site/intimation-under-regulation-30-5-.pdf
23 Disclosures under regulation 30(8) Yes https://www.theparkhotels.com/investor-relations/corporate-governance.html#corporateGovernance
24 Statements of deviation(s) or variations(s) as specified in regulation 32 Yes https://www.theparkhotels.com/investor-relations/corporate-announcements-shareholding-pattern-and-reports.html
25 Dividend distribution policy as specified in regulation 43A (1) Yes https://www.theparkhotels.com/investor-relations/images/site-specific/corporate-site/dividend-distribution-policy.pdf
26.1 Annual return as provided under section 92 of the Companies Act 2013 Yes https://www.theparkhotels.com/investor-relations/annual-reports.html
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.theparkhotels.com/investor-relations/corporate-governance.html#corporateGovernance
28 Compliance with regulation 46(3) with respect to accuracy of disclosures on the website and timely updation Yes https://www.theparkhotels.com/investor-relations/annual-reports.html
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) NA
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) 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 Shalini Keshan
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 Shalini Keshan
Designation of person Company Secretary and Compliance Officer
Place Kolkata
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
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 GST - Deputy Commissioner PARK STREET: KOLKATA SOUTH: West Bengal 22-Nov-2024 GST Scrutiny Case Order u/s 73 for FY 2020-21 was received for short payment of GST on outward supply, reversible ITC, interest payable for late filing of return resulting in a demand for Rs. 15,67,767. Appeal was filed with the Appellate Authority on 22/04/25. The appeal was rejected by an order dated 19/09/25. Prayer to keep the demand in abeyance has been requested by paying a further deposit of Rs. 84,424 under section 112(8)(b) of the CGST/SGST Act, 2017 on 27/11/25. Further, a second appeal will be filed by the Company. No further update in quarter ended March 31, 2026
2 GST - Assistant Commissioner PONDY BAZAAR: Central-III: CHENNAI CENTRAL :Tamil Nadu 23-Jun-2025 Show cause notice for FY 2021-22 was issued on 23/06/25 regarding differences in the GST Annual Return between Tables 9P and 9Q and the excess claim of ITC. The Company submitted response on 14/07/25 to the department explaining the variance. Subsequently, demand was raised by the Department amounting to Rs. 5,66,20,249 along with penalty of Rs. 32,75,364 by an order dt. 04/12/25 and by another order dt. 04/12/25, demand raised was for Rs. 5,75,334 along with penalty of Rs. 32,646. The Company filed a writ petition on 15/12/25, which was disposed of in favor of the Company vide order dated 19/12/25. Subsequently, a rectification order was received on 16/03/26, pursuant to which the demand amounting to Rs. 5,66,20,249 along with penalty of Rs. 32,75,364 has been reduced to Nil by the department. An appeal has been filed by the Company on 03/04/26, for the other demand amounting to Rs. 5,75,334 along with penalty of Rs. 32,646, and the matter is currently awaiting response from the department.
3 Customs,Excise and Service Tax Appellate Tribunal Chennai, Sastri Bhavan,Annexe Building,1st Floor,26-Haddows Road,Chennai 600006, Tamil Nadu 04-Dec-2015 The matter pertains to the wrongful availment of CENVAT Credit on management consultancy services. An adjournment letter has been submitted requesting the postponement of the final hearing date. Communication is awaited from the Department regarding the revised date of the final hearing. The demand amount involved is Rs. 37,74,164. The hearing date was postponed to 11/11/25, which was further postponed to 31/01/26. An appeal has been filed by the Company on February 16, 2026, awaiting the department reply.
4 GST - Senior Intelligence Officer, Directorate General of GST Intelligence, Gurugram 30-Sep-2025 Show Cause Notice was issued on 30/09/25 regarding non-payment of GST amounting to Rs. 49,13,281 on the import of services received from Agoda Company Pte Limited under Reverse Charge Mechanism for the period 2019-20 to 2023-24. The Company submitted a response to the department on 31/10/25 seeking extension. Further communication is awaited in this matter. A notice for personal hearing was received on 23/03/26. Authorized Representative of the Company appeared and submitted response on 25/03/26. Thereafter, a demand notice dated 31/03/26 was received, raising a demand for Rs. 49,13,281 as GST due along with penalty of Rs. 49,13,281. The matter is currently under review.
5 GST - Assistant Commissioner PONDY BAZAAR: Central-III: CHENNAI CENTRAL :Tamil Nadu 26-Feb-2025 Demand amounting to Rs. 22,31,288 for FY 2020-21 has arisen on account of excess claim of Input Tax Credit (ITC) and ineligible ITC availed by the Company. Appeal was filed on 23/05/25. No further update in quarter ended March 31, 2026
6 GST - Assistant Commissioner PONDY BAZAAR: Central-III: CHENNAI CENTRAL :Tamil Nadu 26-Feb-2025 A demand of Rs. 7,65,198 for FY 2020-21 has been raised due to differences reported in the GST Annual Return. Appeal was filed on 23/05/25. No further update in quarter ended March 31, 2026