Integrated Filing-Governance



General information about company

Scrip Code 500495
NSE Symbol ESCORTS
MSEI Symbol NOTLISTED
ISIN INE042A01014
Name of the entity ESCORTS KUBOTA 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 There were no instances which were required to be reported for the Quarter ended 31st March, 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? 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 There were no Disclosures which were required to be reported for the half year ended 31st March, 2026
Risk management committee Yes
Market Capitalisation as per immediate previous Financial Year Top 500 listed entities
Is SCORE ID Available ? Yes
SCORE Registration ID e00102
Reason For No SCORE ID
Type of Submission Revision
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. In the XBRL file in the absence of the option, executive-nominee director has been selected for Mr. Akira Kato. 2. In the column of date of re-appointment, wherever the date of re-appointment is not available, initial appointment date has been considered. 3. Mr. Shingo Hanada, Mr. Yasukazu Kamada resigned with effect from January 31, 2026, therefore their details including directorships and committee memberships are shown as zero (0) as on March 31, 2026
Whether the listed entity has a Regular Chairperson Yes
Whether Chairperson is related to MD or CEO Yes Disqualification of Directors under section 164 of the Companies Act, 2013
Sr Title (Mr / Ms) Name of the Director PAN DIN Category 1 of directors Category 2 of directors Category 3 of directors Date of Birth Whether the director is disqualified? Start Date of disqualification End Date of disqualification Details of disqualification Current status Whether special resolution passed? [Refer Reg. 17(1A) of Listing Regulations] Date of passing special resolution Initial Date of appointment Date of Re-appointment Date of cessation Tenure of director (in months) No of Directorship in listed entities including this listed entity (Refer Regulation 17A of Listing Regulations) No of Independent Directorship in listed entities including this listed entity [with reference to proviso to regulation 17A(1) & 17A(2)] Number of memberships in Audit/ Stakeholder Committee(s) including this listed entity (Refer Regulation 26(1) of Listing Regulations) No of post of Chairperson in Audit/ Stakeholder Committee held in listed entities including this listed entity (Refer Regulation 26(1) of Listing Regulations) Reason for Cessation Notes for not providing PAN Notes for not providing DIN
1 Mr. Nikhil Nanda 00043432 Executive Director Chairperson MD 18-Mar-1974 No Active NA 17-Oct-2005 1 0 0 0
2 Ms. Nitasha Nanda 00032660 Executive Director Not Applicable 09-Nov-1969 No Active NA 16-Jan-2015 1 0 1 0
3 Mr. Hardeep Singh 00088096 Non-Executive - Non Independent Director Not Applicable 08-Sep-1954 No Active NA 28-Nov-2011 2 0 3 1
4 Mr. Sunil Kant Munjal 00003902 Non-Executive - Independent Director Not Applicable 14-Dec-1957 No Active NA 07-May-2019 18-Jul-2024 82 1 1 2 0
5 Ms. Tanya Dubash 00026028 Non-Executive - Independent Director Not Applicable 14-Sep-1968 No Active NA 29-Jan-2020 29-Jan-2025 74 5 2 2 0
6 Mr. Harish N Salve 01399172 Non-Executive - Independent Director Not Applicable 22-Jun-1956 No Active NA 16-Jul-2020 16-Jul-2025 68 1 1 0 0
7 Mr. Ravindra Chandra Bhargava 00007620 Non-Executive - Independent Director Not Applicable 30-Jul-1934 No Active Yes 14-Jul-2022 13-May-2022 13-May-2022 47 2 1 1 1
8 Mr. Vimal Bhandari 00001318 Non-Executive - Independent Director Not Applicable 23-Aug-1958 No Active NA 14-Jul-2022 14-Jul-2022 45 4 4 5 3
9 Ms. Reema Nanavaty 00690270 Non-Executive - Independent Director Not Applicable 22-May-1964 No Active NA 14-Jul-2022 14-Jul-2022 45 1 1 0 0
10 Mr. Yasukazu Kamada 09634701 Non-Executive - Nominee Director Not Applicable 05-Jan-1960 No Active NA 14-Jul-2022 31-Jan-2026 0 0 0 0 Others
11 Mr. Bharat Madan 00944660 Executive Director Not Applicable 16-Aug-1967 No Active NA 08-Feb-2023 1 0 1 0
12 Mr. Rupinder Singh Sodhi 03179002 Non-Executive - Independent Director Not Applicable 08-Dec-1958 No Active NA 14-Jul-2023 14-Jul-2023 33 1 1 2 0
13 Mr. Shingo Hanada 10484929 Non-Executive - Nominee Director Not Applicable 14-Nov-1963 No Active NA 08-Feb-2024 31-Jan-2026 0 0 0 0 Others Textual Information(1)
14 Mr. Nobushige Ichikawa 09570234 Non-Executive - Nominee Director Not Applicable 17-Feb-1966 No Active NA 08-Feb-2024 1 0 0 0
15 Mr. Kinji Saito 00049067 Non-Executive - Independent Director Not Applicable 22-Jul-1958 No Active NA 18-Jul-2024 18-Jul-2024 20.14 1 1 0 0
16 Mr. Akira Kato 07543672 Executive - Nominee Director Not Applicable 31-Aug-1973 No Active NA 04-Aug-2025 1 0 1 0
17 Mr. Hitoshi Sasaki 11464326 Non-Executive - Nominee Director Not Applicable 28-Mar-1968 No Active NA 10-Feb-2026 1 0 0 0 Textual Information(2)
18 Mr. Satoshi Suzuki 06527098 Non-Executive - Nominee Director Not Applicable 30-Jun-1970 No Active NA 10-Feb-2026 1 0 0 0 Textual Information(3)



Text Block
Textual Information(1) Mr. Shingo Hanada is a resident of Japan and do not have PAN No. in India.
Textual Information(2) Mr. Hitoshi Sasaki is a resident of Japan and do not have PAN No. in India.
Textual Information(3) Mr. Satoshi Suzuki is a resident of Japan and do not have PAN No. in India.



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 00001318 Vimal Bhandari Non-Executive - Independent Director Chairperson 21-Jul-2022
2 00088096 Hardeep Singh Non-Executive - Non Independent Director Member 22-Jul-2014
3 00003902 Sunil Kant Munjal Non-Executive - Independent Director Member 21-Jul-2022
4 03179002 Rupinder Singh Sodhi Non-Executive - Independent Director Member 01-Aug-2023



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 00001318 Vimal Bhandari Non-Executive - Independent Director Chairperson 21-Jul-2022
2 00088096 Hardeep Singh Non-Executive - Non Independent Director Member 22-Jul-2014
3 00003902 Sunil Kant Munjal Non-Executive - Independent Director Member 25-Dec-2020
4 00026028 Tanya Dubash Non-Executive - Independent Director Member 21-Jul-2022
5 00007620 Ravindra Chandra Bhargava Non-Executive - Independent Director Member 21-Jul-2022
6 11464326 Hitoshi Sasaki Non-Executive - Nominee Director Member 10-Feb-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 00088096 Hardeep Singh Non-Executive - Non Independent Director Chairperson 22-Jul-2014
2 00001318 Vimal Bhandari Non-Executive - Independent Director Member 21-Jul-2022
3 03179002 Rupinder Singh Sodhi Non-Executive - Independent Director Member 01-Aug-2023



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 00043432 Nikhil Nanda ED Chairperson 16-Jan-2015
2 00944660 Bharat Madan ED Member 16-Jan-2015
3 03179002 Rupinder Singh Sodhi ID Member 18-Jul-2024
4 07543672 Akira Kato ED,ND Member 08-Jun-2025 Textual Information(1)



Text Block
Textual Information(1) Mr. Akira Kato (in the capacity of Chief Officer of the Company) was inducted as a Member of Risk Management Committee with effect from 08-06-2025. Mr. Akira Kato was later appointed as a Wholetime Director of the Company in the Board meeting held on 04-08-2025.



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 04-Nov-2025 Yes 16 15 7
2 27-Jan-2026 83 Yes 16 13 7
3 10-Feb-2026 13 Yes 16 16 8
4 10-Mar-2026 27 Yes 16 14 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 Stakeholders Relationship Committee 04-Nov-2025 Yes 3 3 2 0
2 Stakeholders Relationship Committee 10-Feb-2026 Yes 3 3 2 0
3 Nomination and remuneration committee 14-Oct-2025 Yes 6 5 3 0
4 Nomination and remuneration committee 06-Feb-2026 114 Yes 5 3 2 0
5 Risk Management Committee 21-Jan-2026 Yes 4 4 1 0
6 Audit Committee 15-Oct-2025 Yes 4 3 2 0
7 Audit Committee 04-Nov-2025 19 Yes 4 3 2 0
8 Audit Committee 10-Feb-2026 97 Yes 4 4 3 0
9 Audit Committee 03-Mar-2026 20 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 Arvind Kumar
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.escortskubota.com/escorts-group/overview
1.2 Memorandum of Association and Articles of Association Yes https://static.escortskubota.com/new/pdf/reg-46-sebi/reg-30/EKL_2024_09_01_MOA_and_AOA.pdf
1.3 Brief profile of board of directors including directorship and full time positions in body corporates Yes https://www.escortskubota.com/escorts-group/board-of-directors
2 Terms and conditions of appointment of independent directors Yes https://static.escortskubota.com/new/pdf/reg-46-sebi/24-02-2025/EKL_Terms_and_Conditions_of_Appointment_of_Independent_Directors.pdf
3 Composition of various committees of board of directors Yes https://static.escortskubota.com/new/pdf/2026/february/Composition_of_Various_Committees_of_Board_of_Directors.pdf
4 Code of conduct of board of directors and senior management personnel Yes https://static.escortskubota.com/new/pdf/reg-46-sebi/24-02-2025/EKL_2023_05_10_Code_of_Conduct_for_Board.pdf
5 Details of establishment of vigil mechanism or whistle blower policy Yes https://static.escortskubota.com/new/pdf/reg-46-sebi/24-02-2025/2024-02-08-Whistle-Blower-Policy.pdf
6 Criteria of making payments to non-executive directors Yes https://static.escortskubota.com/new/pdf/reg-46-sebi/28-05-2025/EKL_2025_05_08_Remuneration_Policy_for_Directors.pdf
7 Policy on dealing with related party transactions Yes https://static.escortskubota.com/new/pdf/reg-46-sebi/09-05-2025/EKL_2025_05_08_Policy_on_Materiality_of_RPT.pdf
8 Policy for determining material subsidiaries Yes https://static.escortskubota.com/new/pdf/reg-46-sebi/24-02-2025/EKL_2025_02_10_Policy_for_Determining_Material_Subsidiaries.pdf
9 Details of familiarization programmes imparted to independent directors Yes https://static.escortskubota.com/new/pdf/reg-46-sebi/27-04-2026/EKL_2026_03_31_Familarization_Programme_Final.pdf
10 Contact information of the designated officials of the listed entity who are responsible for assisting and handling investor grievances Yes https://www.escortskubota.com/contact-us
11 Email address for grievance redressal and other relevant details Yes https://www.escortskubota.com/contact-us
12 Financial results Yes https://www.escortskubota.com/investors/financials
13 Shareholding pattern Yes https://www.escortskubota.com/investors/shareholding-pattern
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.escortskubota.com/investors/financials
15.2 Audio or video recordings and transcripts of post earnings/quarterly calls Yes https://www.escortskubota.com/investors/financials
16 New name and the old name of the listed entity NA
17 Advertisements as per regulation 47 (1) Yes https://www.escortskubota.com/investors/regulation-46-of-sebi/newspaper-publication
18 Credit rating or revision in credit rating obtained Yes https://www.escortskubota.com/announcements
19 Separate audited financial statements of each subsidiary of the listed entity Yes https://www.escortskubota.com/investors/regulation-46-of-sebi/subsidiary-financial-statements
20 Secretarial compliance report Yes https://www.escortskubota.com/announcements
21 Materiality policy as per regulation 30 (4) Yes https://static.escortskubota.com/new/pdf/reg-46-sebi/11-11-2025/EKL_2025_11_04_Policy_for_Determination_of_Materiality_of_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://static.escortskubota.com/new/pdf/reg-46-sebi/11-11-2025/EKL_2025_11_04_Policy_for_Determination_of_Materiality_of_Events.pdf
23 Disclosures under regulation 30(8) Yes https://static.escortskubota.com/new/pdf/2025/february/EKL_2022_08_01_Policy_for_Preservation_of_Records.pdf
24 Statements of deviation(s) or variations(s) as specified in regulation 32 Yes https://www.escortskubota.com/announcements
25 Dividend distribution policy as specified in regulation 43A (1) Yes https://static.escortskubota.com/new/pdf/reg-46-sebi/24-02-2025/2024_05_09_Dividend-Distribution-Policy.pdf
26.1 Annual return as provided under section 92 of the Companies Act 2013 Yes https://www.escortskubota.com/investors/regulation-46-of-sebi/subsidiary-financial-statements
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.escortskubota.com/investors/regulation-46-of-sebi
28 Compliance with regulation 46(3) with respect to accuracy of disclosures on the website and timely updation Yes https://www.escortskubota.com/investors/regulation-46-of-sebi
29 Disclosure of notes on website in terms of Listing Regulations explanatory


Annexure II
II. Annual Affirmations
Sr Particulars Regulation Number Compliance status (Yes/No/NA) If status is No details of non-compliance may be given here.
1 Independent director(s) have been appointed in terms of specified criteria of independence and/or eligibility 16(1)(b) Yes
2 Board Composition 17(1), 17(1A) & 17(1C), 17(1D) & 17(1E) Yes
3 Meeting Of Board Of Directors 17(2) Yes
4 Quorum of board meeting 17(2A) Yes
5 Review of Compliance Reports 17(3) Yes
6 Plans for orderly succession for appointments 17(4) Yes
7 Code of Conduct 17(5) Yes
8 Fees/compensation 17(6) Yes
9 Minimum Information 17(7) Yes
10 Compliance Certificate 17(8) Yes
11 Risk Assessment & Management 17(9) Yes
12 Performance Evaluation of Independent Directors 17(10) Yes
13 Recommendation of Board 17(11) Yes
14 Maximum number of Directorships 17A Yes
15 Composition of Audit Committee 18(1) Yes
16 Meeting of Audit Committee 18(2) Yes
17 Role of Audit Committee and information to be reviewed by the audit committee 18(3) Yes
18 Composition of nomination & remuneration committee 19(1) & (2) Yes
19 Quorum of Nomination and Remuneration Committee meeting 19(2A) Yes
20 Meeting of Nomination and Remuneration Committee 19(3A) Yes
21 Role of Nomination and Remuneration Committee 19(4) Yes
22 Composition of Stakeholder Relationship Committee 20(1), 20(2) & 20(2A) Yes
23 Meeting of Stakeholders Relationship Committee 20(3A) Yes
24 Role of Stakeholders Relationship Committee 20(4) Yes
25 Composition and role of risk management committee 21(1),(2),(3),(4) Yes
26 Meeting of Risk Management Committee 21(3A) Yes
27 Quorum of Risk Management Committee meeting 21(3B) Yes
28 Gap between the meetings of the Risk Management Committee 21(3C) Yes
29 Vigil Mechanism 22 Yes
30 Policy for related party Transaction 23(1), (1A), (5), (6), & (8) Yes
31 Prior or Omnibus approval of Audit Committee for all related party transactions 23(2), (3) Yes
32 Approval for material related party transactions 23(4) Yes
33 Disclosure of related party transactions on consolidated basis 23(9) Yes
34 Composition of Board of Directors of unlisted material Subsidiary 24(1) 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) Yes
44 Memberships in Committees 26(1) Yes
45 Affirmation with compliance to code of conduct from members of Board of Directors and Senior management personnel 26(3) Yes
46 Policy with respect to Obligations of directors and senior management 26(2) & 26(5) Yes
47 Approval of the Board and shareholders for compensation or profit sharing in connection with dealings in the securities of the listed entity 26(6) 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 Arvind Kumar
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 Arvind Kumar
Designation of person Company Secretary and Compliance Officer
Place Faridabad
Date 29-Apr-2026


Investor Grievance Details
No. of investor complaints pending at the beginning of Quarter 11
No. of investor complaints received during the Quarter 431
No. of investor complaints disposed off during the Quarter 419
No. of investor complaints those remaining unresolved at the end of the Quarter 23


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 Office of the Assistant Commissioner of GST, Chennai South, Tamil Nadu Office of the Assistant Commissioner of GST, Chennai South, Tamil Nadu has confirmed the tax demand of Rs. 13,188/- along with interest of Rs. 14,106/-and penalty of Rs. 13,188/- on the issue of taxability of certain transactions 11-Mar-2026 Issue of taxability of certain transactions Tax of Rs. 13,188/- Interest of Rs. 14,106/- Penalty of Rs. 13,188/-
2 Assistant Commissioner, Commercial Tax office, Bangalore, Karnataka Assistant Commissioner, Commercial Tax office, Bangalore, Karnataka has confirmed the professional tax demand of Rs. 10,000/- along with interest of Rs. 35,100/- and penalty of Rs. 5,000/- on the issue of payment of professional tax. 27-Mar-2026 Issue of non-payment of professional tax Tax of Rs. 10,000/- Interest of Rs. 35,100/- Penalty of Rs. 5,000/-
3 Excise & Taxation officer, Faridabad Excise & Taxation officer, Faridabad, Haryana has confirmed the tax demand of Rs. 3,600/- along with interest of Rs. 3,922/-and penalty of Rs. 3,600/- on the issue of payment of tax under Reverse charge mechanism. 28-Mar-2026 Issue of payment of tax under Reverse charge mechanism Tax of Rs. 3,600/- Interest of Rs. 3,922/- Penalty of Rs. 3,600/-


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 Note No. 1 : In Column F, you may note that in view of format constraint, date of latest litigation initiated has been reported. 'Note No. 2 : In column G, the figures are reported in accordance with Clause 7 of the Industry Standards Note on Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI Listing Regulations) dated February 25, 2025 i.e. aggregated based on similar question of law. Accordingly, only cases of litigations above the materiality threshold are being reported as per Regulation 30(4) of SEBI Listing Regulations.
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 26-Aug-2019 Appeal filed by the Tax Department before Hon'ble High Court against the order of the Hon'ble ITAT allowing the disallowance of Interest expense Tax impact INR 42.59 crore No change
2 Income Tax Department 24-Jul-2015 Appeal filed by Tax Department before the Hon'ble Supreme Court against the order of the Hon'ble High Court in respect of recovery of tax demand of Escorts Heart Institute & Research Centre from Escrow account Tax impact INR 95.85 crore No change
3 Income Tax Department 09-Sep-2021 Writ petition filed by the Escorts Benefit & Welfare Trust before the Hon'ble High Court against initiation of reassessment proceedings u/s 147 of the Income Tax Act, 1961 - Tax impact INR 75.08 crore No change
4 Department of Sales Tax, Haryana 09-Mar-2010 Writ petition filed before Hon'ble High Court, Punjab & Haryana challenging the constitutional validity of Haryana Local Area Development Act - Tax Impact INR 52.82 crores - Amount paid under protest is INR 39.90 crore No change
5 Department of Central Excise 31-Jan-2020 Litigations are pending before CESTAT, Chandigarh in respect of tax liability on inter-unit transfers under the common registration - Tax impact INR 92.49 crores - Amount paid as pre-deposit is INR 3.29 crore and paid under protest is INR 18.31 crore No change
6 Department of Central Excise 28-Apr-2017 Litigations are pending before CESTAT, Chandigarh in respect of eligibility of cenvat credit under Central Excise Act, 1944 read with Rule 6(3) of Central Excise Rules, 2002 - Tax Impact INR 370.77 crores - Amount paid under protest is INR 44.64 crore No change
7 Department of Goods & Service tax 28-Jan-2025 Litigations are pending before Commissioner (Appeals) and Hon'ble High Court, Punjab & Haryana on the issue of incorrect formula applied by the GST department for computation of inverted duty structure refund under Section 54(3) of Central GST Act, 2017 read with Rule 89(5) of Central GST Rules, 2017 involving rejection of refund by the department of INR 138.08 crore and a demand on refund already sanctioned of INR 3.14 crore Out of the rejected refund claim of Rs. 138.08 Crore (under litigation), Additional Commissioner (Appeals), Gurugram, Haryana, has rejected the appeal for refund of Rs. 5.04 Crores, against which, the Company further intends to file appeal before the higher forum. Further, during the quarter, Asst. Comm (GST), Faridabad has rejected another claim of Rs. 25.57 Crores pertaining to similar issue, for the period Jan-24 to March-24 and the company intends to file appeal against the same. Both the above cases are same as mentioned in column G
8 Department of Goods & Service tax 08-May-2025 State Tax officer of GST, Chennai (STO, Chennai) issued Show Cause Notices (SCN) proposing tax demand along with interest and penalty on the issue pertaining to ' Classification of tractors' for the Financial Years 2018-19, 2019-20, 2020-21, 2021-22, 2022-23, 2023-24. Being a SCN and considering the merits of this matter there would not be any material financial impact on the Company. The STO, Chennai, vide various orders issued from time to time, has dropped the entire tax demand along with interest & penalty, for the FY 2019-20 to FY 2023-24. No change