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Independent DirectorNot Applicable1948-07-29falseActiveYes2020-09-222016-03-162021-03-16105.162131MrsSunanda Singhania02356376Non-Executive - Non Independent DirectorNot Applicable1952-07-15falseActiveNA2014-08-122022-08-261000MrsMeera Shankar06374957Non-Executive - Independent DirectorNot Applicable1950-10-09falseActiveNA2020-01-302020-01-3059.022252MrSubhrakant Panda00171845Non-Executive - Independent DirectorNot Applicable1971-01-05falseActiveNA2022-11-022022-11-0225.294310MrKrishna Kumar Bangur00029427Non-Executive - Independent DirectorNot Applicable1960-07-02falseActiveNA2024-06-012024-06-0173111MrJorg Nohl10392379Non-Executive - Independent DirectorNot Applicable1956-04-07falseActiveNA2023-11-212023-11-2113.11100MrBharat Hari Singhania00041156Non-Executive - Non Independent DirectorNot Applicable1938-04-07falseActiveYes2024-08-021987-11-042024-08-022000MrAnshuman Singhania02356566Executive DirectorNot ApplicableCEO-MD1979-07-20falseActiveNA2016-03-162020-10-211000MrArun Kumar Bajoria00026540Executive DirectorNot Applicable1944-12-18falseActiveNA2010-01-202022-01-201020The Board of Directors at its meeting held on 1st November 2023, rechristened the existing Corporate Social Responsibility Committee as "Corporate Social Responsibility and Sustainability Committee".truetruetruetruetrueAudit Committee00021423Shreekant SomanyNon-Executive - Independent DirectorChairperson2016-03-16Shri Shreekant Somany has been appointed as Chairman of the Audit Committee w.e.f. 25th September 2023.Audit Committee00171845Subhrakant PandaNon-Executive - Independent DirectorMember2024-09-25Audit Committee00026540Arun Kumar BajoriaExecutive DirectorMember2015-05-14Nomination and remuneration committee00021423Shreekant SomanyNon-Executive - Independent DirectorChairperson2022-09-25Nomination and remuneration committee00171845Subhrakant PandaNon-Executive - Independent DirectorMember2024-09-25Nomination and remuneration committee00029427Krishna Kumar BangurNon-Executive - Independent DirectorMember2024-09-25Stakeholders Relationship Committee06374957Meera ShankarNon-Executive - Independent DirectorChairperson2023-09-25Stakeholders Relationship Committee00021423Shreekant SomanyNon-Executive - Independent DirectorMember2016-03-16Stakeholders Relationship Committee00026540Arun Kumar BajoriaExecutive DirectorMember2015-05-14Risk Management Committee00021423Shreekant SomanyNon-Executive - Independent DirectorChairperson2019-02-14Risk Management Committee00029427Krishna Kumar BangurNon-Executive - Independent DirectorMember2024-09-25Risk Management Committee02356566Anshuman SinghaniaExecutive DirectorMember2019-02-14Risk Management Committee00026540Arun Kumar BajoriaExecutive DirectorMember2019-02-14Risk Management Committee99999999Anuj KathuriaPresident (India)Member2023-02-03Shri Anuj Kathuria, President (India) is a member of the Risk Management Committee.Risk Management Committee99999999Sanjeev Kumar AggarwalChief Financial OfficerMember2020-01-31Shri Sanjeev Kumar Aggarwal, Chief Financial Officer (CFO) of the Company is a member of the Risk Management Committee.Corporate Social Responsibility Committee00036129Raghupati SinghaniaExecutive DirectorChairperson2014-05-28Corporate Social Responsibility Committee00026540Arun Kumar BajoriaExecutive DirectorMember2014-05-28Corporate Social Responsibility Committee06374957Meera ShankarNon-Executive - Independent DirectorMember2020-06-152024-08-03true121172024-09-1643true121052024-11-0549true10105Audit Committee2024-08-02true3320Audit Committee2024-09-1644true3320Audit Committee2024-11-0549true3320Nomination and remuneration committee2024-08-03true3330Nomination and remuneration committee2024-11-0593true3330Stakeholders Relationship Committee2024-11-05true3320truetruetruetrueYestruetruetrueTHE CORPORATE GOVERNANCE REPORT FOR THE PREVIOUS QUARTER AND HALF YEAR ENDED 30TH SEPTEMBER 2024 WAS PLACED BEFORE THE BOARD OF DIRECTORS AT THEIR MEETING HELD ON 5TH NOVEMBER 2024. THERE ARE NO COMMENTS/OBSERVATIONS/ADVICE OF THE BOARD OF DIRECTORS ON THE SAID REPORT. THE CORPORATE GOVERNANCE REPORT FOR THE RELEVANT QUARTER ENDED 31ST DECEMBER 2024 WOULD BE PLACED BEFORE THE BOARD OF DIRECTORS, AS REQUIRED. KAMAL KUMAR MANIKCompany Secretary and Compliance OfficerfalseKAMAL KUMAR MANIKCompany Secretary and Compliance OfficerNEW DELHI2025-02-1300000The Company vide its letter dated 21st August 2024 submitted requisite disclosure uder Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 in respect of approval of the Directors at its meeting held 21st August 2024 for investment in 26% Equity Shares of TRUERE GALAXY PRIVATE LIMITED .TRUERE GALAXY PRIVATE LIMITED2024-10-2800.260.26SERVICIO DE ADMINISTRACION TRIBUTARIA (SAT)2014-12-11Compañía Hulera Tornel, S.A. de C.V (“CHT”) (a Subsidiary of JK Tyre & Industries Ltd.) had sustained a tax loss and was therefore not required to give a share of the profits (since there were none) to its union workers, which is a requirement under Mexican law for companies making profits during a fiscal year. On account of non-payment of profit-sharing, the union workers filed a complaint with the SAT, asking it to review the annual tax declaration filed by CHT for the fiscal year 2011.The SAT commenced a fiscal audit of CHT in December 2014. The SAT completed its examination in December 2015 and issued an observation letter to CHT in December 2015, wherein it disallowed expenditure deductions claimed by CHT amounting to approximately Mexican Pesos 263,819,735. CHT responded to SAT’s observation letter and provided the SAT with additional information (including documentary evidence and expert opinion) in order to demonstrate that CHT was entitled to claim deductions. In December 2017, the SAT passed an order against CHT and issued a tax demand notice to CHT and directed CHT to pay an amount of approximately Mexican Pesos 259,861,937 as tax and Mexican Pesos 9,983,819 as additional distribution of profits for the fiscal year 2011. In February 2018, CHT filed an appeal before the Federal Tax Court to set aside: (i) the order passed by SAT; and (ii) the tax demand notice issued by the SAT. In September 2019, the Federal Tax Court admitted the appeal by CHT. In July 2021, the Federal Tax Court passed an order in the appeal filed by CHT and held that CHT was entitled to claim deductions for expenses incurred. However, as per this order, CHT was not entitled to certain claims (“July 2021 Order”). CHT filed an appeal before Fourteenth Collegiate Court on Administrative Matters of the First Circuit challenging the July 2021 Order on the Grounds of Appeal. Simultaneously, the SAT also filed an appeal for review before Fourteenth Collegiate Court in Administrative Matters of the First Circuit on the grounds that CHT was not entitled to claim certain deductions. The case was remanded back to the Federal Tax Court to revisit the evidence and determine the validity of the claim filed by CHT. The Federal Tax Court passed an order in July 2022 (“July 2022 Order”) wherein the Federal Tax Court held that CHT was not entitled to claim certain deductions, resulting in a tax liability of approximately Mexican Pesos 384,151,618. CHT has filed an appeal to the Federal Circuit Court which has been admitted by the 14th Federal Circuit Court challenging the July 2022 Order on the Grounds of Appeal. CHT’s liability under this case is estimated at approximately Mexican Pesos 384,151,618 plus any interest and penalty that may be levied. The case is currently pending before 14th Federal Circuit Court.Federal Circuit Court passed the final resolution and instructed the SAT to determine revised tax demand. The SAT issued lower tax demand of Mxn Pesos 214,094,530 that includes taxes, inflation, surcharges and penalties and additional distribution of profits for Mxn Pesos 3,924,729. CHT requested for payment of the tax, so determined, by offering the assigned property as per the provisions of the Mexican Laws i.e. payment of tax in kind. On 19.12.2024, the appraiser of the property was assigned and CHT is awaiting the result of the appraisal and its acceptance by the SAT. Necessary provision in this regard has already been made in the books of accounts. (1 Mxn Pesos= Rs. 4.1250 as on 31.12.2024)