5405442024-10-012024-12-315405442024-12-315405442024-10-012024-12-31CompositionOfBoardOfDirectors15405442024-12-31CompositionOfBoardOfDirectors15405442024-10-012024-12-31CompositionOfBoardOfDirectors25405442024-12-31CompositionOfBoardOfDirectors25405442024-10-012024-12-31CompositionOfBoardOfDirectors35405442024-12-31CompositionOfBoardOfDirectors35405442024-10-012024-12-31CompositionOfBoardOfDirectors45405442024-12-31CompositionOfBoardOfDirectors45405442024-10-012024-12-31CompositionOfBoardOfDirectors55405442024-12-31CompositionOfBoardOfDirectors55405442024-10-012024-12-31CompositionOfBoardOfDirectors65405442024-12-31CompositionOfBoardOfDirectors65405442024-10-012024-12-31CompositionOfCommittees145405442024-12-31CompositionOfCommittees145405442024-10-012024-12-31CompositionOfCommittees155405442024-12-31CompositionOfCommittees155405442024-10-012024-12-31CompositionOfCommittees165405442024-12-31CompositionOfCommittees165405442024-10-012024-12-31CompositionOfCommittees175405442024-12-31CompositionOfCommittees175405442024-10-012024-12-31CompositionOfCommittees415405442024-12-31CompositionOfCommittees415405442024-10-012024-12-31CompositionOfCommittees425405442024-12-31CompositionOfCommittees425405442024-10-012024-12-31CompositionOfCommittees435405442024-12-31CompositionOfCommittees435405442024-10-012024-12-31CompositionOfCommittees685405442024-12-31CompositionOfCommittees685405442024-10-012024-12-31CompositionOfCommittees695405442024-12-31CompositionOfCommittees695405442024-10-012024-12-31CompositionOfCommittees705405442024-12-31CompositionOfCommittees705405442024-10-012024-12-31CompositionOfCommittees955405442024-12-31CompositionOfCommittees955405442024-10-012024-12-31CompositionOfCommittees965405442024-12-31CompositionOfCommittees965405442024-10-012024-12-31CompositionOfCommittees975405442024-12-31CompositionOfCommittees975405442024-10-012024-12-31CompositionOfCommittees1225405442024-12-31CompositionOfCommittees1225405442024-10-012024-12-31CompositionOfCommittees1235405442024-12-31CompositionOfCommittees1235405442024-10-012024-12-31CompositionOfCommittees1245405442024-12-31CompositionOfCommittees1245405442024-12-31MeetingOfBoardOfDirectors15405442024-10-012024-12-31MeetingOfBoardOfDirectors15405442024-12-31MeetingOfBoardOfDirectors25405442024-10-012024-12-31MeetingOfBoardOfDirectors25405442024-12-31MeetingOfBoardOfDirectors35405442024-10-012024-12-31MeetingOfBoardOfDirectors35405442024-12-31MeetingOfBoardOfDirectors45405442024-10-012024-12-31MeetingOfBoardOfDirectors45405442024-10-012024-12-31MeetingOfCommittees15405442024-12-31MeetingOfCommittees15405442024-10-012024-12-31MeetingOfCommittees25405442024-12-31MeetingOfCommittees25405442024-10-012024-12-31MeetingOfCommittees35405442024-12-31MeetingOfCommittees35405442024-10-012024-12-31MeetingOfCommittees45405442024-12-31MeetingOfCommittees45405442024-10-012024-12-31MeetingOfCommittees55405442024-12-31MeetingOfCommittees55405442024-10-012024-12-31MeetingOfCommittees65405442024-12-31MeetingOfCommittees65405442024-09-305405442024-12-31ImpositionOfFineOrPenaltyDomain15405442024-12-31ImpositionOfFineOrPenaltyDomain25405442024-12-31ImpositionOfFineOrPenaltyDomain35405442024-12-31ImpositionOfFineOrPenaltyDomain45405442024-12-31ImpositionOfFineOrPenaltyDomain55405442024-12-31ImpositionOfFineOrPenaltyDomain65405442024-12-31ImpositionOfFineOrPenaltyDomain75405442024-12-31OngoingTaxLitigationsOrDisputesDomain15405442024-12-31OngoingTaxLitigationsOrDisputesDomain25405442024-12-31OngoingTaxLitigationsOrDisputesDomain3xbrli:pure540544PSPPROJECTNOTLISTEDINE488V01015PSP PROJECTS LIMITED2024-04-012025-03-31Quarterly2024-12-31EquitytruetruefalseThis disclosure is not applicable as there were no acqusition of shares or voting rights in unlisted companies during the quarter under the rewiew.truetruetrueTop 1000 listed entitiestruep00840OriginaltruetrueMrPRAHALADBHAI SHIVRAMBHAI PATEL00037633Executive DirectorChairperson related to PromoterCEO-MD1963-07-06falseActiveNA2008-08-262020-07-091010MrSAGAR PRAHLADBHAI PATEL07168126Executive DirectorNot Applicable1995-11-20falseActiveNA2019-10-222024-11-011010MsPOOJA PRAHLADBHAI PATEL07168083Executive DirectorNot Applicable1992-10-02falseActiveNA2015-04-242020-09-011010MrVASISHTHA PRAMODBHAI PATEL00808127Non-Executive - Independent DirectorNot Applicable1963-07-18falseActiveNA2015-09-012020-09-011121102MrsACHALA MONAL PATEL00914990Non-Executive - Independent DirectorNot Applicable1966-06-14falseActiveNA2022-07-142022-07-1429.51110MrsSWATI HARESH MEHTA00541632Non-Executive - Independent DirectorNot Applicable1963-11-19falseActiveNA2024-08-022024-08-0251110truetruetruetruetrueAudit Committee00808127VASISHTHA PRAMODBHAI PATELNon-Executive - Independent DirectorChairperson2015-09-01Audit Committee00037633PRAHALADBHAI SHIVRAMBHAI PATELExecutive DirectorMember2015-09-01Audit Committee00914990ACHALA MONAL PATELNon-Executive - Independent DirectorMember2022-07-14Audit Committee00541632SWATI HARESH MEHTANon-Executive - Independent DirectorMember2024-08-03Nomination and remuneration committee00914990ACHALA MONAL PATELNon-Executive - Independent DirectorChairperson2022-07-14Nomination and remuneration committee00808127VASISHTHA PRAMODBHAI PATELNon-Executive - Independent DirectorMember2016-12-12Nomination and remuneration committee00541632SWATI HARESH MEHTANon-Executive - Independent DirectorMember2024-08-03Stakeholders Relationship Committee00808127VASISHTHA PRAMODBHAI PATELNon-Executive - Independent DirectorChairperson2022-04-01Stakeholders Relationship Committee07168083POOJA PRAHLADBHAI PATELExecutive DirectorMember2016-12-12Stakeholders Relationship Committee07168126SAGAR PRAHLADBHAI PATELExecutive DirectorMember2020-09-01Risk Management Committee00037633PRAHALADBHAI SHIVRAMBHAI PATELExecutive DirectorChairperson2020-08-05Risk Management Committee07168126SAGAR PRAHLADBHAI PATELExecutive DirectorMember2020-08-05Risk Management Committee00808127VASISHTHA PRAMODBHAI PATELNon-Executive - Independent DirectorMember2022-07-14Corporate Social Responsibility Committee00037633PRAHALADBHAI SHIVRAMBHAI PATELExecutive DirectorChairperson2014-08-27Corporate Social Responsibility Committee07168083POOJA PRAHLADBHAI PATELExecutive DirectorMember2020-08-05Corporate Social Responsibility Committee00914990ACHALA MONAL PATELNon-Executive - Independent DirectorMember2024-08-032024-08-02true6632024-10-2179true6632024-10-253true6632024-11-1924true663Audit Committee2024-08-02true4430Audit Committee2024-10-2583true4430Nomination and remuneration committee2024-08-02true3330Nomination and remuneration committee2024-10-2583true3330Corporate Social Responsibility Committee2024-08-02true3310Risk Management Committee2024-10-25true3310truetruetruetrueYestruetruetrueKenan PatelCompany Secretary and Compliance OfficerfalseKenan PatelCompany Secretary and Compliance OfficerAhmedabad2025-02-1300000BSE LimitedImposition of Fine2024-10-14Filing of the XBRL file of Voting Results for the 16th annual general meeting of the Company held on 18 September 2024 was delayed by the Company. The Company has paid a fine of INR 10,000 (Indian Rupees Ten Thousand) to each stock exchange i.e. BSE Limited and the National Stock Exchange of India Limited.Rs. 10,000NSE LimitedImposition of Fine2024-10-14Filing of the XBRL file of Voting Results for the 16th annual general meeting of the Company held on 18 September 2024 was delayed by the Company. The Company has paid a fine of INR 10,000 (Indian Rupees Ten Thousand) to each stock exchange i.e. BSE Limited and the National Stock Exchange of India Limited.Rs. 10,000Labour Enforcement Officer (Central), 3/5th Floor, Shram Bhavan, Khanpur, AhmedabadSite Inspection and Issued Notice of Non Compliances under Contract Labour Act' 1970 and filed a Criminal Case in Labour Court vide case no. 1950/2024.2024-12-14The Inspector did site inspection and found some mismatch of data. Hence imposed penalty of Rs. 4000.00 for Non Compliances under Contract Labour Act' 1970 and filed a Criminal Case in Labour Court vide case no. 1950/2024.There is no material impact on the financial or on the operations of the Company.OFFICE OF THE ASSISTANT COMMISSIONER OF STATE TAX Ghatak 6 (ABD) Range 2 (ABD)Order u/s 74 of GGST Act, 2017 read with CGST Act, 2017, section 20 of IGST Act, 2017 has been issued by the OFFICE OF THE ASSISTANT COMMISSIONER OF STATE TAX Ghatak 6 (ABD) Range 2 (ABD).2024-12-31The said order alleged that Ineligible ITC as per section 16(2) of GST Law claimed from cancelled tax payers, non-genuine and non-existent taxpayers and return/tax defaulters amounting Rs. 3,29,403 along with Interest and penalty amounting Rs 4,28,530 and Rs 3,29,402 respectively.There is no material impact on the financial or on the operations of the Company. The Company is in process of filing an appeal against said order.STATE TAX OFFICER Ghatak 6 (ABD) Division 1 (ABD)Order u/s 73 of GGST Act, 2017 raising demand was issued by STATE TAX OFFICER Ghatak 6 (ABD) Division 1 (ABD)2024-02-28The said order raised demand on account of excess amount of supplies declared in E way bill compared to GSTR 1, Excess ITC utilization and ITC claimed from cancelled dealers, return defaulters and tax non-payers amounting to Rs. 21,07,765 along with Interest and penalty amounting to Rs. 20,53,945 and Rs. 2,10,778 respectively.There is no material impact on the financial or on the operations of the Company. The Company has filed appeal against said order.Gujarat State Tax Department, Mobile Squad Jamnagar, Division 11 (ENF.)Order u/s 129(3) of the CGST Act, 2017 read with relevant provisions of GGST, IGST and Goods and Services (Compensation to States) Act, 2017 imposing penalty was issued by Gujarat State Tax Department, Mobile Squad Jamnagar, Division 11 (ENF.)2023-08-23on account of E Way Bill Expired at the time of conveyance inspection by State tax officer Mobile Squad at Jamnagar Amounting to Rs 2,19,600. The said penalty was paid to release the conveyance from detention.There is no material impact on the financial or on the operations of the Company. The Company has filed appeal against said order.Additional/Joint//Deputy/Assistant Commissioner of Income Tax, National Faceless Assessment Center, DelhiOrder u/s 270A of the Income Tax Act, 1961 imposing penalty was issued by Additional/Joint//Deputy/Assistant Commissioner of Income Tax, National Faceless Assessment Center, Delhi2022-01-17Penalty u/s 270A amounting to Rs. 8,98,836 was imposed on account of addition made during the course of assessment u/s 143(3) of late deposit of employees contribution to PFThere is no material impact on the financial or on the operations of the Company. The Company has filed appeal against said order.Pandharpur Municipal Council2023-06-15The Hon’ble High Court of Judicature at Bombay, Civil Appellate Jurisdiction, vide its Order dated October 7, 2023, appointed 2 (two) Arbitrators as nominated by each parties and instructed the nominated Arbitrators to appoint the Presiding Arbitrator.The Arbitration Tribunal has been formed and the matter is being heard by the Tribunal.Bhiwandi and Nizampur Municipal Council2021-09-21In the matter of Arbitration Petition No. 89 of 2021, Hon’ble High Court of Judicature at Bombay, Civil Appellate Jurisdiction, at its hearing held on December 07, 2022, after hearing the arguments of both the parties, reserved the matter for passing its judgement. The Hon’ble High Court pronounced its judgement on January 27, 2023 wherein it has directed that an Arbitral Tribunal of 3 (three) members be constituted. The Hon’ble Court has appointed 2 (two) arbitrators and the said arbitrators are directed to appoint third arbitrator at the earliest.The Arbitration Tribunal has been formed and the matter is being heard by the Tribunal.Superintendent Engineer, Bareily and Others2024-12-19The Company has filed an Petition bearing Registration No.: 118/2024, in the Hon’ble Commercial Court, Lucknow against the Respondents, namely Superintendent Engineer, Bareily and Others concerning Project “Construction of Residential Building of PAC Mahila Batallion, Badaun, Uttar Pradesh”, wherein the respondent had arbitrarily terminated the contract, without due consideration of the reply and explanation provided by the Company, and without affording an opportunity for a personal hearing, thereby contravening the principles of natural justice. The petition is filed under Section 9 of the Arbitration and Conciliation Act, 1996, praying the Hon’ble court to pass and ex-parte order and grant interim reliefs in the form of (a) staying implementation, operation and execution of the impugned communication dated 13.12.2024, termination order dated 27.03.2024 and impugned communication dated 10.10.2024 and thereby restraining the Respondents from proceedings further in pursuance of the impugned orders and communications wrongfully terminating the Agreement; (b) directing the Respondent to permit the Petitioner to complete the construction of the Project within a maximum period of 12 months including remobilization of the site; (c) directing the Respondent to maintain status quo and restraining the Respondent from re- tendering the contract; (d) restraining the Respondent from invoking the performance bank guarantee of Rs. 8.04 crores furnished by the Petitioner under the Agreement; (e) restraining the Respondent from forfeiting the security deposit to the tune of 2.5% of total billed amount under the Agreement amounting to approximately Rs. 1.84 crores; (f) restraining the Respondent from taking possession of or interfering with the construction materials lying at the site; (g) directing the Respondent to secure an amount of Rs.1.42 crores spent by the Petitioner towards procuring the construction material and an amount of Rs. 52 lakhs towards the work already completed by the Petitioner under the Agreement; (h) declare that the Petitioner will not be prevented from participating in any other tenders on account of the wrongful termination of the Agreement by the Respondent; otherwise the Petitioner would suffer irreparable loss and injury which cannot be made good in any circumstance.The matter is sub-judice.