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The above points is considered based on guidelines and FAQs issued by NSE on filing of Corporate Governance Report truetrueMrKirloskar Atul Chandrakant00007387Non-Executive - Non Independent DirectorChairperson related to Promoter1956-02-13falseActiveNA2009-01-122024-04-013000MsGauri Atul Kirloskar03366274Executive DirectorNot ApplicableMD1983-08-09falseActiveNA2014-06-172022-05-201030MrRahul Chandrakant Kirloskar00007319Non-Executive - Non Independent DirectorNot Applicable1963-07-07falseActiveNA2010-03-302010-03-303031MrMahesh Ramchand Chhabria00166049Non-Executive - Non Independent DirectorNot Applicable1964-04-19falseActiveNA2014-06-172014-06-176272MrVinesh Kumar Jairath00391684Non-Executive - Non Independent DirectorNot Applicable1958-12-27falseActiveNA2016-01-272016-01-273141MrSatish Jamdar00036653Non-Executive - Independent DirectorNot Applicable1952-05-09falseActiveNA2017-05-102022-08-1188.22232MrKandathil Mathew Abraham05178826Non-Executive - Independent DirectorNot Applicable1957-12-30falseActiveNA2019-08-102024-08-1064.221111MrsShalini Sarin06604529Non-Executive - Independent DirectorNot Applicable1965-06-15falseActiveNA2019-10-252024-10-2562.073310MrYogesh Kapur00070038Non-Executive - Independent DirectorNot Applicable1957-07-23falseActiveNA2021-09-292021-09-2939.026695MrPurvi Sheth06449636Non-Executive - Independent DirectorNot Applicable1972-05-31falseActiveNA2022-05-192022-05-1931.135510MrArvind Hari Goel02300813Non-Executive - Independent DirectorNot Applicable1957-10-13falseActiveNA2023-05-192023-05-1919.133241truetruetruetruetrueAudit Committee00166049Mahesh Ramchand ChhabriaNon-Executive - Non Independent DirectorMember2015-03-19Audit Committee00391684Vinesh Kumar JairathNon-Executive - Non Independent DirectorMember2017-07-20Audit Committee00036653Satish JamdarNon-Executive - Independent DirectorMember2018-08-10Audit Committee05178826Kandathil Mathew AbrahamNon-Executive - Independent DirectorChairperson2023-09-12Audit Committee00070038Yogesh KapurNon-Executive - Independent DirectorMember2022-08-12Audit Committee02300813Arvind Hari GoelNon-Executive - Independent DirectorMember2023-09-12Nomination and remuneration committee00036653Satish JamdarNon-Executive - Independent DirectorChairperson2017-08-04Nomination and remuneration committee00166049Mahesh Ramchand ChhabriaNon-Executive - Non Independent DirectorMember2016-03-09Nomination and remuneration committee06449636Purvi ShethNon-Executive - Independent DirectorMember2022-08-12Stakeholders Relationship Committee03366274Gauri Atul KirloskarExecutive DirectorMember2017-10-13Stakeholders Relationship Committee00070038Yogesh KapurNon-Executive - Independent DirectorChairperson2023-09-12Stakeholders Relationship Committee06449636Purvi ShethNon-Executive - Independent DirectorMember2023-09-12Risk Management Committee00036653Satish JamdarNon-Executive - Independent DirectorChairperson2022-08-12Risk Management Committee06604529Shalini SarinNon-Executive - Independent DirectorMember2021-07-24Risk Management Committee05178826Kandathil Mathew AbrahamNon-Executive - Independent DirectorMember2022-08-12Corporate Social Responsibility Committee00007319Rahul Chandrakant KirloskarNon-Executive - Non Independent DirectorChairperson2014-03-20Corporate Social Responsibility Committee03366274Gauri Atul KirloskarExecutive DirectorMember2022-05-20Corporate Social Responsibility Committee06604529Shalini SarinNon-Executive - Independent DirectorMember2021-07-242024-08-07true111162024-11-1296true11116Audit Committee2024-08-07true6640Audit Committee2024-11-1296true6640Nomination and remuneration committee2024-08-07true3320Nomination and remuneration committee2024-11-1296true3320Nomination and remuneration committee2024-12-0623true3320Risk Management Committee2024-08-07true3330Risk Management Committee2024-11-1296true3330Stakeholders Relationship Committee2024-07-26true3320Stakeholders Relationship Committee2024-09-1348true3320Stakeholders Relationship Committee2024-11-0754true3320Stakeholders Relationship Committee2024-12-1941true3320truetruetruetrueYestruetruetrueThe Corporate Governance report submitted for the quarter ended 30 September 2024, was placed before the Board of Directors in its meeting held on 12th November 2024 and same was noted by the Board. The Corporate Governance Report for the quarter ended 31st December 2024 was placed before the Board of Directors in its meeting held on 11th February 2025 and same was noted by the Board. Further, the Integrated Corporate Governance Report for the quarter ended 31st December 2024 will be placed before the upcoming Board Meeting.Farah IraniCompany Secretary and Compliance OfficerfalseFarah IraniCompany Secretary and Compliance OfficerPune2025-02-1401100Commercial Tax Officer,Chennai Central, TamilnaduOrder passed under section 73 for the FY 2020-21, 2021-22 and 2022-23 with tax demand of Rs.52.36 Lakhs, interest of Rs.23.77 Lakhs and penalty of Rs.5.23 Lakhs.2024-10-30The Company has received assessment orders from authority levying penalty and interest for shortfall in payment of tax.The Company has filed an appeal against the Order before [the Deputy Commissioner Appeal -I]. As the Company has filed an appeal against the said Order and the same is pending, the Company cannot foresee any impact of the Order on its financial, operations or other activities at this stage.Commissioner, CGST, Kolhapur Commissionerate2022-02-04Excise duty of Rs. 21.65 Cr alongwith applicable interest and penalty was demanded on Industrial Promotion Subsidy (IPS) received during August-2011 to April 2015. Commissioner, CGST, Kolhapur passed the Order in Original in favor of KOEL in Mar-2019 dropping the entire demand. In February 2022, Commissioner, CGST, Kolhapur Commissionerate filed an appeal before Hon'ble CESTAT, Mumbai against the order in original.The appeal is pending before Hon'ble Customs, Excise And Service Tax Appellate Tribunal (CESTAT), Mumbai bench.Joint Commissioner, CGST, Pune-II2022-06-08Tran-1 credit of Rs.18.93 Cr disallowed and imposed equal penalty and interest as applicableAn appeal has been filed by the Company against the order before the Commissioner- Appeal, CGST, Pune-II and the same is pending.Commissioner, CGST, Rajkot2016-06-24Excise duty exemption denied on pump set and differential duty of Rs. 11.70 Cr demanded imposing a penalty of Rs. 4 Cr and interest as applicable.An appeal has been filed by the Company against the order before Hon'ble Customs, Excise And Service Tax Appellate Tribunal (CESTAT), Ahmedabad and the same is pending.Income Tax Department (ITD)2017-11-22The ITD has made additions to the returned income of the Company for FY 2014-15 on account of capital subsidy received from Government of Maharashtra, disallowance of provision for warranty and few other expenses/ deductions during the scrutiny assessment order passed u/s 143(3) of the Income Tax Act, 1961. Quantum of claim is Rs. 26,84,25,463.The company has filed an appeal before the Commissioner of Income Tax (Appeals) (CIT(A)/ First Appellate Authority) and the same is currently pending. Based on the past precedents in Company's own case as well as other judicial pronouncements, the Company is of the view that the likelihood of these additions being deleted by the appellate authorities is high and there may not be any material claim against the Company which may have any impact on the company.Income Tax Department (ITD)2016-12-26The ITD has made additions to the returned income of the Company for FY 2017-18 on account of disallowance of provision for warranty and few other expenses/ deductions during the scrutiny assessment order passed u/s 143(3) of the Income Tax Act, 1961. Quantum of claim is Rs. 15,82,65,600.The company has filed an appeal before the Commissioner of Income Tax (Appeals) (CIT(A)/ First Appellate Authority) and the same is currently pending.Based on the past precedents in Company's own case as well as other judicial pronouncements, the Company is of the view that the likelihood of these additions being deleted by the appellate authorities is high and there may not be any material claim against the Company which may have any impact on the company.