| Scrip code | 000000 |
|---|---|
| NSE Symbol | ITTL |
| MSEI Symbol | NOTLISTED |
| ISIN | INE070Y01023 |
| Name of Company | INNOVATIVE TYRES & TUBES LIMITED |
| Type of company | SME |
| Class of security | Equity |
| Date of start of financial year | 01-04-2025 |
| Date of end of financial year | 31-03-2026 |
| Date of board meeting when results were approved | 30-05-2026 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 21-05-2026 |
| Description of presentation currency | INR |
| Level of rounding used in financial results | Lakhs |
| Reporting Type | Half Yearly |
| Reporting Quarter | Yearly |
| Nature of report standalone or consolidated | Standalone |
| Whether results are audited or unaudited for the quarter ended | Audited |
| Whether results are audited or unaudited for the Year to date for current period ended/year ended | Audited |
| Segment Reporting | Single segment |
| Description of single segment | TYRES & TUBES |
| Start date and time of board meeting | 30-05-2026 16:00:00 |
| End date and time of board meeting | 30-05-2026 17:10:00 |
| Whether cash flow statement is applicable on company | Yes |
| Type of cash flow statement | Cash Flow Indirect |
| Declaration of unmodified opinion or statement on impact of audit qualification | Statement on impact of audit qualification |
| Whether the company has any related party? | Yes |
| Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? | Yes |
| (I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public | NA |
| (II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. | NA |
| (III) Whether the company is a high value debt listed entity according to regulation 15 (1A)? | No |
| (a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication? | |
| (b) If answer to above question is No, please explain the reason for not complying. | |
| Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? | No |
| Latest Date on which RPT policy is updated | |
| Indicate Company website link for updated RPT policy of the Company | |
| Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? | No |
| No. of times funds raised during the quarter | |
| Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? | No |
| NA | |
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-10-2025 | 01-04-2025 |
| B | Date of end of reporting period | 31-03-2026 | 31-03-2026 |
| C | Whether results are audited or unaudited | Audited | Audited |
| D | Nature of report standalone or consolidated | Standalone | Standalone |
| 1 | Revenue From Operations | ||
| Revenue from operations | 4,728.37 | 8,537.63 | |
| Other income | 19.12 | 84.41 | |
| Total Income | 4,747.49 | 8,622.04 | |
| 2 | Expenses | ||
| (a) | Cost of materials consumed | 2,923.56 | 5,618.40 |
| (b) | Purchases of stock-in-trade | 351.05 | 678.19 |
| (c) | Changes in inventories of finished goods, work-in-progress and stock-in-trade | (39.11) | (467.43) |
| (d) | Employee benefit expense | 194.72 | 379.72 |
| (e) | Finance costs | 87.25 | 193.05 |
| (f) | Depreciation and amortisation expense | 196.45 | 389.00 |
| (g) | Other Expenses | ||
| 1 | Other Expenses | 1,036.74 | 2,008.42 |
| Total other expenses | 1,036.74 | 2,008.42 | |
| Total expenses | 4,750.66 | 8,799.35 | |
| 3 | Profit before exceptional and extraordinary items and tax | (3.17) | (177.31) |
| 4 | Exceptional items | 0.00 | 0.00 |
| 5 | Profit before extraordinary items and tax | (3.17) | (177.31) |
| 6 | Extraordinary items | 0.00 | 0.00 |
| 7 | Profit before tax | (3.17) | (177.31) |
| 8 | Tax Expense | ||
| Current tax | 0.00 | 0.00 | |
| Deferred tax | 13.48 | 13.48 | |
| Total tax expenses | 13.48 | 13.48 | |
| 9 | Net Profit Loss for the period from continuing operations | (16.65) | (190.79) |
| 10 | Profit (loss) from discontinuing operations before tax | 0.00 | 0.00 |
| 11 | Tax expense of discontinuing operations | 0.00 | 0.00 |
| 12 | Net profit (loss) from discontinuing operation after tax | 0.00 | 0.00 |
| 13 | Profit (loss) for period before minority interest | (16.65) | (190.79) |
| 14 | Share of profit (loss) of associates | ||
| 15 | Profit (loss) of minority interest | ||
| 16 | Net profit (Loss) for the period | (16.65) | (190.79) |
| 17 | Details of equity share capital | ||
| Paid-up equity share capital | 1,00,00,000.00 | 1,00,00,000.00 | |
| Face value of equity share capital | 10 | 10 | |
| 18 | Reserves excluding revaluation reserve | (3,547.89) | |
| 19 | Earnings per equity share | ||
| Basic earnings (loss) per share from continuing and discontinued operations | -1.9 | -16.02 | |
| Diluted earnings (loss) per share from continuing and discontinued operations | -1.9 | -16.02 | |
| 20 | Debt equity ratio | ||
| 21 | Debt service coverage ratio | ||
| 22 | Interest service coverage ratio | ||
| 23 | Disclosure of notes on financial results | Textual Information(1) | |
| Textual Information(1) |
|---|
| 20 | Debt equity ratio | In case of balance confirmations, the company had attempted to get the balance confirmation from vendors and customers however majority are still awaited. The company is doing best efforts to obtain confirmation. |
|---|---|---|
| 21 | Debt service coverage ratio | |
| 22 | Interest service coverage ratio |
| A | Date of start of reporting period | 01-04-2025 |
|---|---|---|
| B | Date of end of reporting period | 31-03-2026 |
| C | Whether results are audited or unaudited | Audited |
| D | Nature of report standalone or consolidated | Standalone |
| 1 | Statement of cash flows | |
| Cash flows from used in operating activities | ||
| Profit before extraordinary items and tax | (177.31) | |
| 2 | Adjustments for reconcile profit (loss) | |
| Adjustments to profit (loss) | ||
| Adjustments for finance costs | 0.00 | |
| Adjustments for depreciation and amortisation expense | 389.00 | |
| Adjustments for impairment loss reversal of impairment loss recognised in profit or loss | 0.00 | |
| Adjustments for unrealised foreign exchange losses gains | 0.00 | |
| Adjustments for dividend income | 0.00 | |
| Adjustments for share-based payments | 0.00 | |
| Other adjustments for which cash effects are investing or financing cash flow | 0.00 | |
| Other adjustments to reconcile profit (loss) | 0.00 | |
| Other adjustments for non-cash items | 219.54 | |
| Share of profit and loss from partnership firm or association of persons or limited liability partnerships | 0.00 | |
| Total adjustments to profit (loss) | 608.54 | |
| 3 | Adjustments for working capital | |
| Adjustments for decrease (increase) in inventories | (523.79) | |
| Adjustments for decrease (increase) in trade receivables | (92.11) | |
| Adjustments for decrease (increase) in other current assets | (171.24) | |
| Adjustments for increase (decrease) in trade payables | 1,511.74 | |
| Adjustments for increase (decrease) in other current liabilities | (306.54) | |
| Adjustments for provisions | 8.84 | |
| Total adjustments for working capital | 426.90 | |
| Total adjustments for reconcile profit (loss) | 1,035.44 | |
| Net cash flows from (used in) operations | 858.13 | |
| Dividends received | 0.00 | |
| Interest paid | 0.00 | |
| Interest received | 4.11 | |
| Income taxes paid (refund) | 0.00 | |
| Other inflows (outflows) of cash | 0.00 | |
| Net cash flows from (used in) operating activities before extraordinary items | 862.24 | |
| Proceeds from extraordinary items | 0.00 | |
| Payment for extraordinary items | 0.00 | |
| Net cash flows from (used in) operating activities | 862.24 | |
| 4 | Cash flows from used in investing activities | |
| Cash flows from losing control of subsidiaries or other businesses | 0.00 | |
| Cash flows used in obtaining control of subsidiaries or other businesses | 0.00 | |
| Other cash receipts from sales of equity or debt instruments of other entities | 0.58 | |
| Other cash payments to acquire equity or debt instruments of other entities | 0.00 | |
| Other cash receipts from sales of interests in joint ventures | 0.00 | |
| Other cash payments to acquire interests in joint ventures | 0.00 | |
| Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships | 0.00 | |
| Cash payment for investment in partnership firm or association of persons or limited liability partnerships | 0.00 | |
| Proceeds from sales of property plant and equipment | 224.54 | |
| Purchase of property plant and equipment | 956.73 | |
| Proceeds from sales of intangible assets | 0.00 | |
| Purchase of intangible assets | 0.00 | |
| Cash advances and loans made to other parties | 0.00 | |
| Cash receipts from repayment of advances and loans made to other parties | 0.00 | |
| Cash payments for future contracts, forward contracts, option contracts and swap contracts | 0.00 | |
| Cash receipts from future contracts, forward contracts, option contracts and swap contracts | 0.00 | |
| Dividends received | 0.00 | |
| Interest received | 0.00 | |
| Income taxes paid (refund) | 0.00 | |
| Other inflows (outflows) of cash | 77.68 | |
| Proceeds from government grants | 0.00 | |
| Net cash flows from (used in) investing activities before extraordinary items | (653.93) | |
| Proceeds from extraordinary items | 0.00 | |
| Payment for extraordinary items | 0.00 | |
| Net cash flows from (used in) investing activities | (653.93) | |
| Cash flows from used in financing activities | ||
| Proceeds from issuing shares | 0.00 | |
| Proceeds from issuing other equity instruments | 0.00 | |
| Proceeds from issuing debentures notes bonds etc | 0.00 | |
| Proceeds from borrowings | 0.00 | |
| Repayments of borrowings | 22.74 | |
| Dividends paid | 0.00 | |
| Interest paid | 193.05 | |
| Income taxes paid (refund) | 0.00 | |
| Other inflows (outflows) of cash | 0.00 | |
| Net cash flows from (used in) financing activities before extraordinary items | (215.79) | |
| Proceeds from extraordinary items | 0.00 | |
| Payment for extraordinary items | 0.00 | |
| Net cash flows from (used in) financing activities | (215.79) | |
| Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes | (7.48) | |
| 6 | Effect of exchange rate changes on cash and cash equivalents | |
| Effect of exchange rate changes on cash and cash equivalents | 0.00 | |
| Net increase (decrease) in cash and cash equivalents | (7.48) | |
| Cash and cash equivalents cash flow statement at beginning of period | 16.31 | |
| Cash and cash equivalents cash flow statement at end of period | 8.83 | |
| Particulars | Year ended (dd-mm-yyyy) | ||
|---|---|---|---|
| Date of start of reporting period | 01-04-2025 | ||
| Date of end of reporting period | 31-03-2026 | ||
| Whether results are audited or unaudited | Audited | ||
| Nature of report standalone or consolidated | Standalone | ||
| Equity and liabilities | |||
| 1 | Shareholders' funds | ||
| Share capital | 1,000.00 | ||
| Reserves and surplus | (3,029.38) | ||
| Money received against share warrants | 0.00 | ||
| Total shareholders' funds | (2,029.38) | ||
| 2 | Share application money pending allotment | 0.00 | |
| 3 | Deferred government grants | 0.00 | |
| 4 | Minority interest | ||
| 5 | Non-current liabilities | ||
| Long-term borrowings | 3,517.17 | ||
| Deferred tax liabilities (net) | 10.74 | ||
| Foreign currency monetary item translation difference liability account | |||
| Other long-term liabilities | |||
| 1 | Other long term liabilities | 470.30 | |
| Total of Other long-term liabilities | 470.30 | ||
| Long-term provisions | 11.91 | ||
| Total non-current liabilities | 4,010.12 | ||
| 6 | Current liabilities | ||
| Short-term borrowings | 817.76 | ||
| Trade Payables | |||
| (A) Total outstanding dues of micro enterprises and small enterprises | 1,264.90 | ||
| (B) Total outstanding dues of creditors other than micro enterprises and small enterprises | 1,506.01 | ||
| Total Trade payable | 2,770.91 | ||
| Other current liabilities | |||
| 1 | other current liabilities | 547.78 | |
| Total of Other long-term liabilities | 547.78 | ||
| Short-term provisions | 22.51 | ||
| Total current liabilities | 4,158.96 | ||
| Total equity and liabilities | 6,139.70 | ||
| Assets | |||
| 1 | Non-current assets | ||
| i | Property, Plant and Equipment and Intangible assets | ||
| Property, Plant and Equipment | 4,041.64 | ||
| Producing properties | 0.00 | ||
| Intangible assets | 0.00 | Preproducing properties | 0.00 |
| Property, Plant and Equipment capital work-in-progress | 5.67 | ||
| Intangible assets under development or work-in-progress | 0.00 | ||
| Total Property, Plant and Equipment and Intangible assets | 4,047.31 | ||
| ii | Non-current investments | 0.51 | |
| v | Deferred tax assets (net) | 0.00 | |
| vi | Foreign currency monetary item translation difference asset account | 0.00 | |
| vii | Long-term loans and advances | 0.00 | |
| Other non-current assets | |||
| 1 | other current assets | 223.20 | |
| Total of Other non-current assets | 223.20 | ||
| Total non-current assets | 4,271.02 | ||
| Current assets | |||
| Current investments | 0.00 | ||
| Inventories | 1,155.66 | ||
| Trade receivables | 300.49 | ||
| Cash and cash equivalents | 8.83 | ||
| Bank balance other than cash and cash equivalents | 0.00 | ||
| Short-term loans and advances | 30.94 | ||
| Other current assets | |||
| 1 | other current assets | 372.76 | |
| Total of Other current assets | 372.76 | ||
| Total current assets | 1,868.68 | ||
| Total assets | 6,139.70 | ||
| Disclosure of notes on assets and liabilities | |||
| Particulars | 3 months/ 6 month ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |||||
|---|---|---|---|---|---|---|---|
| Date of start of reporting period | 01-10-2025 | 01-04-2025 | |||||
| Date of end of reporting period | 31-03-2026 | 31-03-2026 | |||||
| Whether results are audited or unaudited | Audited | Audited | |||||
| Nature of report standalone or consolidated | Standalone | Standalone | |||||
| 1 | Segment Revenue (Income) | ||||||
| (net sale/income from each segment should be disclosed) | |||||||
| Total Segment Revenue | |||||||
| Less: Inter segment revenue | |||||||
| Revenue from operations | |||||||
| 2 | Segment Result | ||||||
| Profit (+) / Loss (-) before tax and interest from each segment | |||||||
| Total Profit before tax | |||||||
| i. Finance cost | |||||||
| ii. Other Unallocable Expenditure net off Unallocable income | |||||||
| Profit before tax | |||||||
| 3 | (Segment Asset - Segment Liabilities) | ||||||
| Segment Asset | |||||||
| Total Segment Asset | |||||||
| Un-allocable Assets | |||||||
| Net Segment Asset | |||||||
| 4 | Segment Liabilities | ||||||
| Segment Liabilities | |||||||
| Total Segment Liabilities | |||||||
| Un-allocable Liabilities | |||||||
| Net Segment Liabilities | |||||||
| Disclosure of notes on segments | |||||||
| Whether results are audited or unaudited | Audited |
|---|---|
| Declaration of unmodified opinion or statement on impact of audit qualification | Statement on impact of audit qualification |
| Auditor's opinion | Qualified opinion |
| Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results |
| Sr No. | Audit firm's name | Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI | Certificate valid upto | ||
| 1 | B.B. & Associates | Yes | 31-07-2029 | ||
|---|---|---|---|---|---|
| Sr. | Particulars | Audited Figures (as reported before adjusting for qualifications) | Adjusted Figures (audited figures after adjusting for qualifications) |
|---|---|---|---|
| 1 | Turnover / Total income | 8,622.04 | 8,622.04 |
| 2 | Total Expenditure | 8,799.35 | 8,799.35 |
| 3 | Net Profit/(Loss) | (190.79) | (190.79) |
| 4 | Earnings Per Share | -1.91 | -1.91 |
| 5 | Total Assets | 6,139.70 | 6,139.70 |
| 6 | Total Liabilities | 8,169.08 | 8,169.08 |
| 7 | Net Worth | (2,029.38) | (2,029.38) |
| Sr. | Details of Audit Qualification | Type of Audit Qualification | Frequency of qualification | For Audit Qualification(s) where the impact is quantified by the auditor | For Audit Qualification(s) where the impact is not quantified by the auditor | ||
|---|---|---|---|---|---|---|---|
| Management's Views | (i) Management's estimation on the impact of audit qualification | (ii) If management is unable to estimate the impact, reasons for the same | Auditors' Comments on (i) or (ii) above | ||||
| 1 | Textual Information(1) | Disclaimer of opinion | Repetitive | Textual Information(2) | Textual Information(3) | Textual Information(4) | Textual Information(5) |
| 2 | Textual Information(6) | Disclaimer of opinion | Whether appeared first time | Textual Information(7) | Textual Information(8) | Textual Information(9) | Textual Information(10) |
| 3 | Textual Information(11) | Disclaimer of opinion | Whether appeared first time | Textual Information(12) | Textual Information(13) | Textual Information(14) | Textual Information(15) |
| 4 | Textual Information(16) | Disclaimer of opinion | Repetitive | Textual Information(17) | Textual Information(18) | Textual Information(19) | Textual Information(20) |
| 5 | Textual Information(21) | Qualified opinion | Repetitive | Textual Information(22) | Textual Information(23) | Textual Information(24) | Textual Information(25) |
| Textual Information(1) | (a) We have not received balance confirmations for certain significant trade receivables and advances from customers. Accordingly, these balances remain subject to reconciliation and confirmation, though we have performed alternative audit procedures in respect of the same |
|---|---|
| Textual Information(2) | In case of balance confirmations, the company had attempted to get the balance confirmation from vendors and customers however majority are still awaited. The company is doing best efforts to obtain confirmation. |
| Textual Information(3) | (e) The Company has accepted advances from certain parties amounting to INR 123.29 Lakhs towards supply of goods. However, such advances have not been adjusted against the supply of goods within a period of 365 days from the date of receipt of the advances. Accordingly, the Company is in contravention of the provisions of Section 73 of the Companies Act, 2013 |
| Textual Information(4) | In case of MSME vendors interest liability, it is mentioned that the company has recently come out from IBC process and the company has requested the MSME vendors for waiver of interest and the vendors have also accepted the hardship being faced by the company. |
| Textual Information(5) | NO COMMENT |
| Textual Information(6) | (b)The Company has outstanding dues to Micro and Small Enterprises beyond the credit period prescribed under the Micro, Small and Medium Enterprises Development Act, 2006 (“MSMED Act”). The Company has not recognized interest liability on such delayed payments as required under the provisions of the MSMED Act. n nIn the absence of adequate records and information necessary to compute the interest payable, we were unable to obtain sufficient appropriate audit evidence regarding the amount of interest liability required to be recognized. Accordingly, we are unable to determine the consequential impact, if any, on the Company's liabilities, loss for the year and equity as at and for the year ended March 31, 2026. |
| Textual Information(7) | In case of MSME vendors interest liability, it is mentioned that the company has recently come out from IBC process and the company has requested the MSME vendors for waiver of interest and the vendors have also accepted the hardship being faced by the company. |
| Textual Information(8) | The Advance from Customers kept for a long time is happening mainly because of the customers has not lifted their placed orders and also due to the continuing business relationship and subsequent sales transactions undertaken with such customers and their related parties. The transactions which has been undertaken with the related party of the customers, we are awaiting from the customers for adjusting the above advances. Few of these customers have communicated us to hold the supplies of goods. |
| Textual Information(9) | NOT QUANTIFIABLE |
| Textual Information(10) | (e) The Company has accepted advances from certain parties amounting to INR 123.29 Lakhs towards supply of goods. However, such advances have not been adjusted against the supply of goods within a period of 365 days from the date of receipt of the advances. Accordingly, the Company is in contravention of the provisions of Section 73 of the Companies Act, 2013 |
| Textual Information(11) | (c) As stated in Note 7 to the financial [D1.1]result, the Company has discontinued its Tube Division during the year. In our opinion, the said division qualifies as a discontinuing operation in accordance with Accounting Standard (AS) 24, Discontinuing Operations. However, the Company has not separately presented the results of the discontinuing operation nor provided the disclosures required under AS 24, including comparative information relating to the discontinued operation. n nManagement has represented that the requisite historical and comparative information pertaining to the discontinued operation could not be compiled from the available records with reasonable accuracy. Consequently, the disclosures and presentation prescribed under AS 24 have not been made in the financial result. nAccordingly, the financial result are not in compliance with the disclosure and presentation requirements of Accounting Standard (AS) 24. We are unable to determine the effects of this matter on the presentation and comparability of the financial results for the year ended March 31, 2026. |
| Textual Information(12) | Regarding the disclosures of discontinuance of tubes division, the quantum is insignificant |
| Textual Information(13) | (b)The Company has outstanding dues to Micro and Small Enterprises beyond the credit period prescribed under the Micro, Small and Medium Enterprises Development Act, 2006 (“MSMED Act”). The Company has not recognized interest liability on such delayed payments as required under the provisions of the MSMED Act. n nIn the absence of adequate records and information necessary to compute the interest payable, we were unable to obtain sufficient appropriate audit evidence regarding the amount of interest liability required to be recognized. Accordingly, we are unable to determine the consequential impact, if any, on the Company's liabilities, loss for the year and equity as at and for the year ended March 31, 2026. |
| Textual Information(14) | NOT QUANTIFIABLE |
| Textual Information(15) | NOT QUANTIFIABLE |
| Textual Information(16) | (d) d) The Company has made export sales of Rs 69.24 Lacs to a Party which has not realized within 9 months of the date of export. The Company has not applied to AD Bank for extension of the time limit of export realization. Non-realization of export proceeds within a period of 9 months from the date of export of goods leads to non-compliance as per Foreign Exchange Management (Export of Goods and Services) Regulations, 2015. However, the Company has recognized an appropriate provision against the aforesaid export receivable in the financial statements |
| Textual Information(17) | Regarding receivable of overdue export proceeds, the Company is taking active steps to realise outstanding export proceeds overdue from overseas customer. However, due to international world over instability, the money has stuck up |
| Textual Information(18) | NOT QUANTIFIABLE |
| Textual Information(19) | N.A. n |
| Textual Information(20) | N.A. n |
| Textual Information(21) | (e) The Company has accepted advances from certain parties amounting to INR 123.29 Lakhs towards supply of goods. However, such advances have not been adjusted against the supply of goods within a period of 365 days from the date of receipt of the advances. Accordingly, the Company is in contravention of the provisions of Section 73 of the Companies Act, 2013 |
| Textual Information(22) | The Advance from Customers kept for a long time is happening mainly because of the customers has not lifted their placed orders and also due to the continuing business relationship and subsequent sales transactions undertaken with such customers and their related parties. The transactions which has been undertaken with the related party of the customers, we are awaiting from the customers for adjusting the above advances. Few of these customers have communicated us to hold the supplies of goods. |
| Textual Information(23) | NOT QUANTIFIABLE |
| Textual Information(24) | N.A. |
| Textual Information(25) | N.A. |
| Name of CEO / Managing director | MUNISH CHAWLA |
|---|---|
| Name of CFO | J P SHARMA |
| Name of audit committee chairman | SNEH CHAUHAN |
| Name of statutory auditor | BALWAN BANSAL |
| Name of other signatory, if any, with designation | |
| Place | VADODARA |
| Date | 30-05-2026 |
| Name of signatory | |
| Designation of person | |
| Place | |
| Date |
Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter) |
| Sr No. | Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken. | ||||||||||||||||||||||||
| Details of the party (listed entity /subsidiary) entering into the transaction | Details of the counterparty | Type of related party transaction | Details of other related party transaction | Value of the related party transaction as approved by the audit committee | Remarks on approval by audit committee | Value of the related party transaction ratified by the audit committee | Date of Audit Committee Meeting where the ratification was approved | Value of transaction during the reporting period | In case monies are due to either party as a result of the transaction | In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments | Details of the loans, inter-corporate deposits, advances or investments | Notes | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Name | PAN | Name | PAN | Relationship of the counterparty with the listed entity or its subsidiary | Opening balance | Closing balance | Nature of indebtedness (loan/ issuance of debt/ any other etc.) | Details of other indebtedness | Cost | Tenure | Nature (loan/ advance/ intercorporate deposit/ investment ) | Interest Rate (%) | Tenure | Secured/ unsecured | Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage) | ||||||||||
| 1 | Innovative Tyres & Tubes Limited | Ten on Ten Rubtech Pvt Ltd | Other related parties | Any other transaction | Transactions include purchase Rs. 8.36L, loan recd Rs. 108.46L, Loan re-paid Rs. 108.41L | Not applicable | 225.24 | 30-05-2026 | 225.24 | 0.00 | 0.18 | Textual Information(1) | |||||||||||||
| 2 | Innovative Tyres & Tubes Limited | TOT Tyres Pvt Ltd | Other related parties | Any other transaction | Transactions include purchase Rs. 61.07L, Sales Rs. 43.68L, Job work sales Rs. 1.83L | Not applicable | 106.59 | 30-05-2026 | 106.59 | 3.89 | 16.11 | Textual Information(2) | |||||||||||||
| 3 | Innovative Tyres & Tubes Limited | Ten on Ten International Pvt Ltd | Other related parties | Any other transaction | Transactions include purchase Rs. 219.46L, Job work sales Rs. 0.72L, Sales Rs. 53.62L | Not applicable | 273.81 | 30-05-2026 | 273.81 | 0.22 | 41.06 | Textual Information(3) | |||||||||||||
| 4 | Innovative Tyres & Tubes Limited | TOT Elastomers LLP | Other related parties | Any other transaction | Transactions include purchase Rs. 0.77L, Sales Rs. 0.25L | Not applicable | 1.03 | 30-05-2026 | 1.03 | 0.00 | 0.52 | Textual Information(4) | |||||||||||||
| 5 | Innovative Tyres & Tubes Limited | Munish Chawla | Director | Loan | Not applicable | 47.71 | 30-05-2026 | 47.71 | 142.80 | 168.10 | Textual Information(5) | ||||||||||||||
| 6 | Innovative Tyres & Tubes Limited | Robin Chawla | Director | Loan | Not applicable | 26.86 | 30-05-2026 | 26.86 | 58.37 | 66.35 | Textual Information(6) | ||||||||||||||
| 7 | Innovative Tyres & Tubes Limited | Roshni Chawla | Director | Loan | Not applicable | 0.00 | 30-05-2026 | 0.00 | 1.35 | 1.35 | |||||||||||||||
| 8 | Innovative Tyres & Tubes Limited | Munish Chawla | Director | Remuneration | Not applicable | 1.32 | 30-05-2026 | 1.32 | 1.03 | 2.00 | |||||||||||||||
| 9 | Innovative Tyres & Tubes Limited | Robin Chawla | Director | Remuneration | Not applicable | 0.31 | 30-05-2026 | 0.31 | 0.91 | 1.16 | |||||||||||||||
| 10 | Innovative Tyres & Tubes Limited | Shweta Sharma | Company Secretary | Remuneration | Not applicable | 0.60 | 30-05-2026 | 0.60 | 0.03 | 0.04 | |||||||||||||||
| 11 | Innovative Tyres & Tubes Limited | Anand Gupta | CFO | Remuneration | Not applicable | 0.19 | 30-05-2026 | 0.19 | 0.00 | 0.00 | |||||||||||||||
| 12 | Innovative Tyres & Tubes Limited | J P Sharma | CFO | Remuneration | Not applicable | 0.45 | 30-05-2026 | 0.45 | 0.00 | 0.10 | |||||||||||||||
| 13 | Innovative Tyres & Tubes Limited | Jasmin Doshi | Independent Director | Any other transaction | sitting fee | Not applicable | 0.01 | 30-05-2026 | 0.01 | 0.04 | 0.05 | Textual Information(7) | |||||||||||||
| 14 | Innovative Tyres & Tubes Limited | Umesh Vaid | Independent Director | Any other transaction | sitting fee | Not applicable | 0.01 | 30-05-2026 | 0.01 | 0.04 | 0.05 | Textual Information(8) | |||||||||||||
| 15 | Innovative Tyres & Tubes Limited | Roshni Chawla | Director | Any other transaction | sitting fee | Not applicable | 0.00 | 30-05-2026 | 0.00 | 0.02 | 0.02 | Textual Information(9) | |||||||||||||
| 16 | Innovative Tyres & Tubes Limited | Robin Chawla | Director | Any other transaction | sitting fee | Not applicable | 0.01 | 30-05-2026 | 0.01 | 0.00 | 0.00 | Textual Information(10) | |||||||||||||
| 17 | Innovative Tyres & Tubes Limited | Kundan Kr Mishra | Independent Director | Any other transaction | sitting fee | Not applicable | 0.10 | 30-05-2026 | 0.10 | 0.00 | 0.04 | Textual Information(11) | |||||||||||||
| 18 | Innovative Tyres & Tubes Limited | Sneh Chauhan | Independent Director | Any other transaction | sitting fee | Not applicable | 0.10 | 30-05-2026 | 0.10 | 0.00 | 0.04 | Textual Information(12) | |||||||||||||
| Total value of transaction during the reporting period | 684.34 | ||||||||||||||||||||||||
| Textual Information(1) | Transactions include purchase Rs. 8.36L, loan recd Rs. 108.46L, Loan re-paid Rs. 108.41L |
| Textual Information(2) | Transactions include purchase Rs. 61.07L, Sales Rs. 43.68L, Job work sales Rs. 1.83L |
| Textual Information(3) | Transactions include purchase Rs. 219.46L, Job work sales Rs. 0.72L, Sales Rs. 53.62L |
| Textual Information(4) | Transactions include purchase Rs. 0.77L, Sales Rs. 0.25L |
| Textual Information(5) | Loan received Rs. 36.51L, Loan repaid Rs. 11.20L |
| Textual Information(6) | Loan received Rs. 17.42L, Loan repaid Rs. 9.43L |
| Textual Information(7) | Director sitting fee |
| Textual Information(8) | Director sitting fee |
| Textual Information(9) | Director sitting fee |
| Textual Information(10) | Director sitting fee |
| Textual Information(11) | Director sitting fee |
| Textual Information(12) | Director sitting fee |