5041122024-10-012024-12-315041122024-12-315041122024-10-012024-12-31CompositionOfBoardOfDirectors15041122024-12-31CompositionOfBoardOfDirectors15041122024-10-012024-12-31CompositionOfBoardOfDirectors25041122024-12-31CompositionOfBoardOfDirectors25041122024-10-012024-12-31CompositionOfBoardOfDirectors35041122024-12-31CompositionOfBoardOfDirectors35041122024-10-012024-12-31CompositionOfBoardOfDirectors45041122024-12-31CompositionOfBoardOfDirectors45041122024-10-012024-12-31CompositionOfBoardOfDirectors55041122024-12-31CompositionOfBoardOfDirectors55041122024-10-012024-12-31CompositionOfBoardOfDirectors65041122024-12-31CompositionOfBoardOfDirectors65041122024-10-012024-12-31CompositionOfCommittees145041122024-12-31CompositionOfCommittees145041122024-10-012024-12-31CompositionOfCommittees155041122024-12-31CompositionOfCommittees155041122024-10-012024-12-31CompositionOfCommittees165041122024-12-31CompositionOfCommittees165041122024-10-012024-12-31CompositionOfCommittees175041122024-12-31CompositionOfCommittees175041122024-10-012024-12-31CompositionOfCommittees415041122024-12-31CompositionOfCommittees415041122024-10-012024-12-31CompositionOfCommittees425041122024-12-31CompositionOfCommittees425041122024-10-012024-12-31CompositionOfCommittees435041122024-12-31CompositionOfCommittees435041122024-10-012024-12-31CompositionOfCommittees445041122024-12-31CompositionOfCommittees445041122024-10-012024-12-31CompositionOfCommittees685041122024-12-31CompositionOfCommittees685041122024-10-012024-12-31CompositionOfCommittees695041122024-12-31CompositionOfCommittees695041122024-10-012024-12-31CompositionOfCommittees705041122024-12-31CompositionOfCommittees705041122024-10-012024-12-31CompositionOfCommittees955041122024-12-31CompositionOfCommittees955041122024-10-012024-12-31CompositionOfCommittees965041122024-12-31CompositionOfCommittees965041122024-10-012024-12-31CompositionOfCommittees975041122024-12-31CompositionOfCommittees975041122024-12-31MeetingOfBoardOfDirectors15041122024-10-012024-12-31MeetingOfBoardOfDirectors15041122024-12-31MeetingOfBoardOfDirectors25041122024-10-012024-12-31MeetingOfBoardOfDirectors25041122024-12-31MeetingOfBoardOfDirectors35041122024-10-012024-12-31MeetingOfBoardOfDirectors35041122024-10-012024-12-31MeetingOfCommittees15041122024-12-31MeetingOfCommittees15041122024-10-012024-12-31MeetingOfCommittees25041122024-12-31MeetingOfCommittees25041122024-10-012024-12-31MeetingOfCommittees35041122024-12-31MeetingOfCommittees35041122024-10-012024-12-31MeetingOfCommittees45041122024-12-31MeetingOfCommittees45041122024-09-305041122024-12-31OngoingTaxLitigationsOrDisputesDomain15041122024-12-31OngoingTaxLitigationsOrDisputesDomain25041122024-12-31OngoingTaxLitigationsOrDisputesDomain35041122024-12-31OngoingTaxLitigationsOrDisputesDomain45041122024-12-31OngoingTaxLitigationsOrDisputesDomain55041122024-12-31OngoingTaxLitigationsOrDisputesDomain65041122024-12-31OngoingTaxLitigationsOrDisputesDomain75041122024-12-31OngoingTaxLitigationsOrDisputesDomain85041122024-12-31OngoingTaxLitigationsOrDisputesDomain9xbrli:pure504112NELCONOTLISTEDINE045B01015Nelco Limited2024-04-012025-03-31Quarterly2024-12-31EquitytruetruefalseThe Company has not acquired any shares or rights in unlisted companies in terms of sub- para 1 of Para A of Part A of Schedule III during the quarter ended on 31-12-2024.falseThere was no instance of imposition of fine and penalty during the quarter in terms of sub- para 20 of Para A of Part A of Schedule III during the quarter ended on 31-12-2024. truetrueTop 2000 listed entitiestruen00077OriginaltruefalseMrAmur Swaminathan Lakshminarayanan08616830Non-Executive - Non Independent DirectorChairperson1961-04-13falseActiveNA2022-05-292024-06-253010MrPradip Jyoti Nath05118177Executive DirectorNot ApplicableCEO-MD1962-02-01falseActiveNA2012-06-132024-06-131010MrNarasimha Murthy Kummamuri00023046Non-Executive - Independent DirectorNot Applicable1957-08-13falseActiveNA2020-01-282020-01-2859.044363MrsLakshmi Nadkarni07076164Non-Executive - Independent DirectorNot Applicable1960-02-20falseActiveNA2020-01-282020-01-2859.042251MrAjay Kumar Pandey00065622Non-Executive - Independent DirectorNot Applicable1961-09-24falseActiveNA2020-01-282020-01-2859.042232MrSaurabh Ray09573704Non-Executive - Non Independent DirectorNot Applicable1969-11-25falseActiveNA2022-04-262023-06-221021truetruetruetrueAudit Committee00023046Narasimha Murthy KummamuriNon-Executive - Independent DirectorChairperson2020-01-28Audit Committee07076164Lakshmi NadkarniNon-Executive - Independent DirectorMember2020-01-28Audit Committee00065622Ajay Kumar PandeyNon-Executive - Independent DirectorMember2020-01-28Audit Committee09573704Saurabh RayNon-Executive - Non Independent DirectorMember2022-05-29Nomination and remuneration committee07076164Lakshmi NadkarniNon-Executive - Independent DirectorChairperson2020-01-28Nomination and remuneration committee00023046Narasimha Murthy KummamuriNon-Executive - Independent DirectorMember2020-01-28Nomination and remuneration committee00065622Ajay Kumar PandeyNon-Executive - Independent DirectorMember2020-01-28Nomination and remuneration committee09573704Saurabh RayNon-Executive - Non Independent DirectorMember2022-04-26Stakeholders Relationship Committee09573704Saurabh RayNon-Executive - Non Independent DirectorChairperson2022-04-26Stakeholders Relationship Committee05118177Pradip Jyoti NathExecutive DirectorMember2015-03-18Stakeholders Relationship Committee07076164Lakshmi NadkarniNon-Executive - Independent DirectorMember2023-05-10Risk Management Committee00065622Ajay Kumar PandeyNon-Executive - Independent DirectorChairperson2021-08-17Risk Management Committee05118177Pradip Jyoti NathExecutive DirectorMember2021-08-17Risk Management Committee09573704Saurabh RayNon-Executive - Non Independent DirectorMember2022-04-262024-07-11true6632024-10-21101true6632024-12-0241true663Audit Committee2024-07-11true4430Audit Committee2024-10-21101true4430Risk Management Committee2024-07-18true3310Risk Management Committee2024-11-29133true3310truetruetruetrueYestruetruetrueRitesh N. KamdarCompany Secretary and Compliance OfficerfalseRitesh N. KamdarCompany Secretary and Compliance OfficerNavi Mumbai2025-02-1403300During the quarter under review, there were no such instances, which requires reporting in terms of sub para 8 of part B of part A of Schedule III read with corresponding provisions of Annexure 18 of the Master Circular. However, the Company had given the updated details of all the tax litigation.Income tax Department2014-03-30For AY 2011-12, dispute about Gain on calculation of Slump Sale under Income Tax Act 1961. The Company received penalty & interest demand (Rs. 1,095 lakhs) against which Company has filed appeal.Company has filed appeal before Hon’ble Bombay High Court against order of Income Tax Appellant Tribunal.Goods and Service Tax Department2022-03-17In GST assessment from Jul 2017 to Mar 2019, the liability under Reverse Charge Mechanism on license fees to DoT has been recalculated considering the revenue of Group Company. Against this claim the Company has filed reply with GST (Commissioner). The Company has received adjudicating order with aggregate demand of Rs. 204 Lakhs towards GST liability based on reverse charge mechanism for period from 1st July 2017 to 31st March 2019. Against this demand Company is in process to file appeal before appellate authority.Company has filed appeal, and hearing is pending before Commissioner Appeals, GST and Central ExciseGoods and Service Tax Department2024-05-30In GST assessment demand cum show cause notice issued for period from April 2019 to March 2022 towards the GST liability under Reverse Charge Mechanism on license fees to DoT has been recalculated considering the revenue of Group Company. Against this demand from Joint Commissioner, the Company has filed reply with Adjudicating Commissioner, GST and Central Excise.Matter is pending for hearing before adjudicating Commissioner, GST and Central ExciseGoods and Service Tax Department2024-12-03In GST audit for period from June 2017 to March 2023, the Company has received demand cum show cause notice of Rs. 82 lakhs wherein there were certain observations on GST Input tax credit. Against these show cause notice, the Company is in process to file reply before adjudicating authorityCompany has partly replied and is in process to file reply for pending matters. Matter is pending for adjudication before Assistant Commissioner GST and Central ExciseSales tax2013-07-24DCST passed an Order based on contention that "The facility to provide bandwidth service is a property of commercial in nature and goods, therefore, transaction of lease of facility is a deemed sale and accordingly MVAT is applicable on entire turnover. (Year 2006-07 to 2010-11). The Company has filed appeals.Hearing in this matter is pending before Hon’ble Bombay High Court and Joint Commissioner of Sales Tax (JCST).Service tax2009-10-30Service tax demand of Rs. 179 lakhs related to Consulting Engineer’s service provided during March 2001 to March 2005. The Company has filed appeal before Customs Excise and Service Tax Appellate Tribunal (CESTAT) and hearing is pending.Hearing in this matter is pending before CESTAT.Service tax2021-05-27In service tax assessment for period April 2016 to June 2017, service tax RCM liability on license fees already paid and derived license fees payable to DOT considering revenue of group Company. Against this order Company has filed reply with GST (Commissioner). Company has received adjudicating order with aggregate demand of Rs. 814 Lakhs towards service tax liability based on reverse charge mechanism for period from 1st April 2016 to 30th June 2017. Against this demand Company is in process to file appeal before appellate authority.Against this demand Company has filed appeal before CESTAT. Hearing in this matter is pending before CESTAT.Service tax2021-10-18Demand towards mismatch in revenue as per service tax records and Income tax records. Against this order Company has filed reply with GST (Commissioner). In the matter of service tax demand of Rs. 640 Lakhs towards mismatch in revenue as per service tax records and Income tax records, the Company has received final demand of Rs. 103 Lakhs. Against this the Company is in the process of filing appeal before Appellate authority.Against this demand Company has filed appeal before CESTAT. Hearing in this matter is pending before CESTAT.Income tax2022-03-15For Previous Year 2020-21 and 21-22 (Assessment Year 2021-22 and 22-23), notice received u/s 143(1) read with sec 154, not giving TDS credit in respect of subsidiary company which was amalgamated with the Company. The Company has filed appeal.For both years Company has received favourable appeal orders.