0000002026-08-250000002026-08-25ActionsTakenOrOrdersPassedDomain10000002026-08-25ActionsTakenOrOrdersPassedDomain1PersonsAgainstWhomActionsTakenOrOrdersPassedDomain10000002026-08-25ActionsTakenOrOrdersPassedDomain1PersonsAgainstWhomActionsTakenOrOrdersPassedDomain20000002026-08-25ActionsTakenOrOrdersPassedDomain1PersonsAgainstWhomActionsTakenOrOrdersPassedDomain30000002026-08-25SignatoriesDomain1iso4217:INRxbrli:pureTSCTSC INDIA LIMITED000000NOTLISTEDINE16VK01010NewAction(s) taken or orders passed (sub-para 20)false2026-08-2520:10:002026-08-25Imposition of fine or penaltyStatutory AuthorityRegional Director, Northern Region-II, Chandigarh3Key Managerial PersonnelAshish Kumar MittalManaging DirectorKey Managerial PersonnelVinay GuptaDirector and CFODirectorPuja MittalDirectorInterim OrderThe Regional Director, Northern Region-II, Chandigarh, vide Interim Order dated 24 August, 2026, has disposed of the compounding application filed under Section 441 of the Companies Act, 2013, in respect of contravention of Section 129(3) of the Companies Act, 2013. Compounding fees have been levied on the applicants.2026-08-25Interim Order dated 24.08.2026 issued by the Regional Director (Northern Region-II), Ministry of Corporate Affairs, Chandigarh, received by the company on 25.08.2026 regarding a compounding application filed by company and its directors. The communication was issued to address the company's suo-moto application to compound a non-compliance under Section 129(3) of the Companies Act, 2013, which resulted from a failure to lay consolidated financial statements before the Annual General Meeting for the financial years 2021–22, 2022–23, and 2023–24. The authority noted that the company has rectified the default by placing the financial statements before Extraordinary General Meetings in November 2024 and filed the required AOC-4 CFS forms. Finding the omission to be unintentional and non-prejudicial to public interest, the Regional Director ordered total compounding fees of ₹ 1,65,000 each for Mr. Ashish Kumar Mittal and Mr. Vinay Gupta (covering FY 2021–22, 2022-23 and 2023-24), and ₹ 1,10,000 for Ms. Puja Mittal (covering FY 2021–22 and 2022-23), with all payments due within 10 days.FY 2021-22,2022-23 AND 2023-24The said Order does not have any direct impact on the Company’s financial, operational or other activities. The compounding fees aggregating to Rs.4,40,000/- have been levied on the respective applicants and are payable by them within 10 days as stipulated in the Order.The primary contravention identified by the authority is a violation of Section 129(3) of the Companies Act, 2013, due to the company's failure to lay its Consolidated Financial Statements (CFS) before the Annual General Meetings for the financial years 2021–22, 2022–23, and 2023–24440000The Regional Director ordered total compounding fees of ₹ 1,65,000 each for Mr. Ashish Kumar Mittal and Mr. Vinay Gupta (covering FY 2021–22, 2022-23 and 2023-24), and ₹ 1,10,000 for Ms. Puja Mittal (covering FY 2021–22 and 2022-23), with all payments due within 10 days.NAThe applicants will pay the required penalty amount and company will ensure further compliance.ASHISH KUMAR MITTALMANAGING DIRECTOR2026-08-25JALANDHAR