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Promoter or any other entity controlled by them 2. Promoter Group or any other entity controlled by them 3. Directors (including relatives) or any other entity controlled by them 4. KMP or any other entity controlled by themtrueTop 1000 listed entitiestrueCOMZ00081OriginaltruetrueMrVIKRAM INDRAJIT SHAH00011653Executive DirectorChairperson related to PromoterMD1962-12-13falseActiveNA2004-08-302025-03-271010MrSHYAMAL SHIVKUMAR JOSHIAAZPJ7420J00005766Non-Executive - Independent DirectorNot Applicable1949-08-12falseActiveYes2021-09-272021-05-172021-05-17461131MrUMESH KIRSHNANKUTTY MENON00086971Non-Executive - Independent DirectorNot Applicable1971-04-15falseActiveNo2016-12-202021-12-20991121MrTEJ RAMJIDASS MALHOTRAADRPM6113C00122419Non-Executive - Independent DirectorNot Applicable1950-06-09falseActiveYes2021-12-032017-02-232022-02-23971110MrASHOK RAMPRAKASH BHATIA02090239Non-Executive - Independent DirectorNot Applicable1954-02-13falseActiveNo2017-10-232023-05-18221100MrsSUJANA MANAN SHAHAOIPS2948R08100410Non-Executive - Independent DirectorNot Applicable1977-05-28falseActiveNo2018-05-072023-05-07821110MrVIJAY KISHANLAL KEDIA00230480Non-Executive - Independent DirectorNot Applicable1959-11-04falseActiveNo2022-10-182022-10-18222100truetruetruetruetrueAudit Committee00086971UMESH KIRSHNANKUTTY MENONNon-Executive - Independent DirectorChairperson2016-12-20Audit Committee00005766SHYAMAL SHIVKUMAR JOSHINon-Executive - Independent DirectorMember2010-06-01Audit Committee00122419TEJ RAMJIDASS MALHOTRANon-Executive - Independent DirectorMember2017-02-23Audit Committee08100410SUJANA MANAN SHAHNon-Executive - Independent DirectorMember2018-05-07Nomination and remuneration committee00086971UMESH KIRSHNANKUTTY MENONNon-Executive - Independent DirectorChairperson2016-12-20Nomination and remuneration committee00005766SHYAMAL SHIVKUMAR JOSHINon-Executive - Independent DirectorMember2014-06-30Nomination and remuneration committee08100410SUJANA MANAN SHAHNon-Executive - Independent DirectorMember2018-05-07Stakeholders Relationship Committee00005766SHYAMAL SHIVKUMAR JOSHINon-Executive - Independent DirectorChairperson2016-12-20Stakeholders Relationship Committee00086971UMESH KIRSHNANKUTTY MENONNon-Executive - Independent DirectorMember2016-12-20Stakeholders Relationship Committee00011653VIKRAM INDRAJIT SHAHExecutive DirectorMember2016-12-20Risk Management Committee00011653VIKRAM INDRAJIT SHAHExecutive DirectorChairperson2021-08-09Risk Management Committee00005766SHYAMAL SHIVKUMAR JOSHINon-Executive - Independent DirectorMember2021-08-09Risk Management Committee08100410SUJANA MANAN SHAHNon-Executive - Independent DirectorMember2021-08-09Corporate Social Responsibility Committee08100410SUJANA MANAN SHAHNon-Executive - Independent DirectorChairperson2018-05-07Corporate Social Responsibility Committee00005766SHYAMAL SHIVKUMAR JOSHINon-Executive - Independent DirectorMember2014-06-30Corporate Social Responsibility Committee00086971UMESH KIRSHNANKUTTY MENONNon-Executive - Independent DirectorMember2016-12-202024-10-30true7762025-02-0395true765Audit Committee2024-10-30true4440Audit Committee2025-02-0395true4440Stakeholders Relationship Committee2024-10-30true3320Stakeholders Relationship Committee2025-02-0395true3320Nomination and remuneration committee2025-02-03true3330Risk Management Committee2025-01-29true3321truetruetruetrueYestruetruetrueTushar ShahCompany Secretary and Compliance OfficerYeshttps://www.shalby.org/Yeshttps://www.shalby.org/investors/Yeshttps://www.shalby.org/about-us/Yeshttps://www.shalby.org/investors/Yeshttps://www.shalby.org/investors/Yeshttps://www.shalby.org/investors/Yeshttps://www.shalby.org/investors/Yeshttps://www.shalby.org/investors/Yeshttps://www.shalby.org/investors/Yeshttps://www.shalby.org/investors/Yeshttps://www.shalby.org/investors/Yeshttps://www.shalby.org/investors/Yeshttps://www.shalby.org/investors/Yeshttps://www.shalby.org/investors/Yeshttps://www.shalby.org/investors/NAYeshttps://www.shalby.org/investors/Yeshttps://www.shalby.org/investors/NAYeshttps://www.shalby.org/investors/Yeshttps://www.shalby.org/investors/Yeshttps://www.shalby.org/investors/Yeshttps://www.shalby.org/investors/Yeshttps://www.shalby.org/investors/Yeshttps://www.shalby.org/investors/Yeshttps://www.shalby.org/investors/Yeshttps://www.shalby.org/investors/Yeshttps://www.shalby.org/investors/Yeshttps://www.shalby.org/investors/Yeshttps://www.shalby.org/investors/Yeshttps://www.shalby.org/investors/Yeshttps://www.shalby.org/YesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesNAYesYesYesNAYesYesYesYesYesYesNAYesYesYesNAYesTushar ShahCompany Secretary and Compliance OfficerYesTushar ShahCompany Secretary and Compliance OfficerfalseTushar ShahCompany Secretary and Compliance OfficerAhmedabad2025-04-2500000Gujarat Value Added Tax Tribunal2015-03-26A show cause notice has been received under Gujarat Value Added Tax Act, 2003 for the Financial Year 2009-10 to 2014-15 demanding the Value Added Tax liability on medicine supplied to the patient admitted to hospital. Such notice has been challenged in to the Hon’ble High Court of Gujarat. The first appeal had been filed before the Deputy Commissioner of State Tax (Appeal) – 1, Ahmedabad but appeal order was received in the favour of Value Added Tax Department. Hence Second Appeal had been field before the Gujarat Value Added Tax Tribunal for which the proceeding is still going on.Appeal has been filed against assessment order and same is dismissed by first appellate authority. Appeal is filed with second appellate authority and Tribunal granted stay on demand till disposal of appeal. Also, Civil petition is filed with Gujarat High Court towards show cause notice issued by the department.Income Tax Appellate Tribunal2017-12-28Before the demerger of Shalby Surat Hospital Pvt. Ltd. (SSHPL) with Company, SSHPL was issued an unquoted share with premium to investor. Such premium has been calculated based on the book value as per the valuation report. The Assessing Officer has disallowed such premium and added to income under section 68 vide assessment order under section 143(3) dated 28.12.2017. An appeal has been filed against such Assessment Order before Commissioner of Income tax (Appeal)-8, Ahmedabad for which the proceeding is still going on.Appeal at ITAT has been filed on 06.12.2023 against order passed by CIT(A) and appeal proceedings is in process.Joint Commissioner - CGST & Central Excise - Jabalpur (Madhya Pradesh)2024-08-05Levy of penalty and demand of Input Tax Credit wrongly availed amounting to Rs.6,20,80,588/‐ (Rupees Six Crores Twenty Lakhs Eighty Thousand Five Hundred and Eighty Eight only) for the period from 2017‐18 (from July‐2017) to 2022‐23 under the provisions of Section 74 of the CGST/CGGST Act, 2017, plus applicable interest, plus equivalent amount of Penalty of Rs. 6,20,80,588/‐ (Rupees Six Crores Twenty Lakhs Eighty Thousand Five Hundred and Eighty Eight only).As on date, there is no implication on the financials and we have challenged this order by filing writ-petition in Hon'ble Madhya Pradesh High Court, Jabalpur on April 24, 2025. We anticipate that we will get verdict in our favour on the basis of facts of the matter involved, analysis of the provisions of the law, available judicial precedents & basis our consultation with our legal advisor.