5233192025-01-012025-03-315233192025-03-315233192025-01-012025-03-31CompositionOfBoardOfDirectors15233192025-03-31CompositionOfBoardOfDirectors15233192025-01-012025-03-31CompositionOfBoardOfDirectors25233192025-03-31CompositionOfBoardOfDirectors25233192025-01-012025-03-31CompositionOfBoardOfDirectors35233192025-03-31CompositionOfBoardOfDirectors35233192025-01-012025-03-31CompositionOfBoardOfDirectors45233192025-03-31CompositionOfBoardOfDirectors45233192025-01-012025-03-31CompositionOfBoardOfDirectors55233192025-03-31CompositionOfBoardOfDirectors55233192025-01-012025-03-31CompositionOfBoardOfDirectors65233192025-03-31CompositionOfBoardOfDirectors65233192025-01-012025-03-31CompositionOfBoardOfDirectors75233192025-03-31CompositionOfBoardOfDirectors75233192025-01-012025-03-31CompositionOfCommittees145233192025-03-31CompositionOfCommittees145233192025-01-012025-03-31CompositionOfCommittees155233192025-03-31CompositionOfCommittees155233192025-01-012025-03-31CompositionOfCommittees165233192025-03-31CompositionOfCommittees165233192025-01-012025-03-31CompositionOfCommittees175233192025-03-31CompositionOfCommittees175233192025-01-012025-03-31CompositionOfCommittees185233192025-03-31CompositionOfCommittees185233192025-01-012025-03-31CompositionOfCommittees415233192025-03-31CompositionOfCommittees415233192025-01-012025-03-31CompositionOfCommittees425233192025-03-31CompositionOfCommittees425233192025-01-012025-03-31CompositionOfCommittees435233192025-03-31CompositionOfCommittees435233192025-01-012025-03-31CompositionOfCommittees445233192025-03-31CompositionOfCommittees445233192025-01-012025-03-31CompositionOfCommittees455233192025-03-31CompositionOfCommittees455233192025-01-012025-03-31CompositionOfCommittees685233192025-03-31CompositionOfCommittees685233192025-01-012025-03-31CompositionOfCommittees695233192025-03-31CompositionOfCommittees695233192025-01-012025-03-31CompositionOfCommittees705233192025-03-31CompositionOfCommittees705233192025-01-012025-03-31CompositionOfCommittees715233192025-03-31CompositionOfCommittees715233192025-01-012025-03-31CompositionOfCommittees955233192025-03-31CompositionOfCommittees955233192025-01-012025-03-31CompositionOfCommittees965233192025-03-31CompositionOfCommittees965233192025-01-012025-03-31CompositionOfCommittees975233192025-03-31CompositionOfCommittees975233192025-01-012025-03-31CompositionOfCommittees985233192025-03-31CompositionOfCommittees985233192025-01-012025-03-31CompositionOfCommittees1225233192025-03-31CompositionOfCommittees1225233192025-01-012025-03-31CompositionOfCommittees1235233192025-03-31CompositionOfCommittees1235233192025-01-012025-03-31CompositionOfCommittees1245233192025-03-31CompositionOfCommittees1245233192025-01-012025-03-31CompositionOfCommittees1255233192025-03-31CompositionOfCommittees1255233192025-03-31MeetingOfBoardOfDirectors15233192025-01-012025-03-31MeetingOfBoardOfDirectors15233192025-03-31MeetingOfBoardOfDirectors25233192025-01-012025-03-31MeetingOfBoardOfDirectors25233192025-03-31MeetingOfBoardOfDirectors35233192025-01-012025-03-31MeetingOfBoardOfDirectors35233192025-03-31MeetingOfBoardOfDirectors45233192025-01-012025-03-31MeetingOfBoardOfDirectors45233192025-01-012025-03-31MeetingOfCommittees15233192025-03-31MeetingOfCommittees15233192025-01-012025-03-31MeetingOfCommittees25233192025-03-31MeetingOfCommittees25233192025-01-012025-03-31MeetingOfCommittees35233192025-03-31MeetingOfCommittees35233192025-01-012025-03-31MeetingOfCommittees45233192025-03-31MeetingOfCommittees45233192025-01-012025-03-31MeetingOfCommittees55233192025-03-31MeetingOfCommittees55233192025-01-012025-03-31MeetingOfCommittees65233192025-03-31MeetingOfCommittees65233192025-01-012025-03-31MeetingOfCommittees75233192025-03-31MeetingOfCommittees75233192025-01-012025-03-31MeetingOfCommittees85233192025-03-31MeetingOfCommittees85233192024-12-315233192025-03-31ImpositionOfFineOrPenaltyDomain15233192025-03-31ImpositionOfFineOrPenaltyDomain2xbrli:pure523319BALMLAWRIENotlistedINE164A01016BALMER LAWRIE & COMPANY LIMITED2024-04-012025-03-31Yearly2025-03-31EquitytruetruefalseAquisition of shares or voting rights in unlisted company had not been done during the quarter ended 31st March, 2025 beyond the threshold stipulated in Schedule III, Part A, Para A, Serial 1truefalseNot applicable for the quarter ended 31st March, 2025falseNot applicable for the half year ended 31st March, 2025. As per SEBI Circular dated 31st December, 2024, this disclosure shall exclude any loan (or other form of debt), guarantee / comfort letter (by whatever name called) or security provided in connection with any loan or any other form of debt; a) by a government company to/ for the Government or government company b) by the listed entity to/for its subsidiary [and joint-venture company] whose accounts are consolidated with the listed entity. c) by a banking company or an insurance company ; and d) by the listed entity to its employees or directors as a part of the service conditions.trueTop 1000 listed entitiestrue b00041OriginalEarlier Adhip Nath Palchaudhuri was entrusted with additional charge of C&MD w.e.f. 01.07.2024. He was appointed as C&MD (Full Charge) w.e.f. 20.07.2024. Shri Amit Bansal ceased to be a Govt. Nominee Director with effect from 01-01-2025 as per Administrative Ministry letter dated 30-12-2024. truetrueMrAdhip Nath Palchaudhuri08695322Executive DirectorChairpersonMD1969-03-18falseActiveNA2024-07-011040MrRaja Mani UthayarajaAARPU5448H09678056Executive DirectorNot Applicable1967-08-11falseActiveNA2022-07-142024-09-261030MrSaurav Dutta10042140Executive DirectorNot Applicable1968-03-07falseActiveNA2023-02-022051MrAbhijit GhoshADOPG8352Q10042785Executive DirectorNot Applicable1967-11-09falseActiveNA2023-02-041010MrAmit Bansal10372580Non-Executive - Nominee DirectorNot Applicable1972-06-03falseActiveNA2024-10-252025-01-010000OthersMrHarishkumar Madhusudan JoshiACAPJ5806H01201050Non-Executive - Independent DirectorNot Applicable1966-07-20falseActiveNA2025-03-310.011121MrsVandana Minda Heda09402294Non-Executive - Independent DirectorNot Applicable1972-08-12falseActiveNA2025-03-310.011111truetruetruetruetrueAudit Committee09402294Vandana Minda HedaNon-Executive - Independent DirectorChairperson2025-03-31Audit Committee08695322Adhip Nath PalchaudhuriExecutive DirectorMember2024-12-302025-03-31Audit Committee09678056Raja Mani UthayarajaExecutive DirectorMember2024-12-302025-03-31Audit Committee10042140Saurav DuttaExecutive DirectorMember2023-02-10Shri Saurav Dutta was appointed as Member of the Audit Committee w.e.f. 10-02-2023. Subsequently in absence of Independent Directors on the Board of Directors he was appointed as Chairperson of the Audit Committee on 30-12-2024 and continued to be so till 30-03-2025. Upon reconstitution of Audit Committee due to induction of Independent Directors, Mr. Dutta became Member of the Audit Committee w.e.f. 31st March, 2025.Audit Committee01201050Harishkumar Madhusudan JoshiNon-Executive - Independent DirectorMember2025-03-31Nomination and remuneration committee09678056Raja Mani UthayarajaExecutive DirectorChairperson2024-12-302025-03-31Nomination and remuneration committee08695322Adhip Nath PalchaudhuriExecutive DirectorMember2024-12-302025-03-31Nomination and remuneration committee10042785Abhijit GhoshExecutive DirectorMember2024-12-30Nomination and remuneration committee09402294Vandana Minda HedaNon-Executive - Independent DirectorChairperson2025-03-31Nomination and remuneration committee01201050Harishkumar Madhusudan JoshiNon-Executive - Independent DirectorMember2025-03-31Stakeholders Relationship Committee10042785Abhijit GhoshExecutive DirectorChairperson2024-12-302025-03-31Stakeholders Relationship Committee01201050Harishkumar Madhusudan JoshiNon-Executive - Independent DirectorChairperson2025-03-31Stakeholders Relationship Committee09678056Raja Mani UthayarajaExecutive DirectorMember2023-01-01Stakeholders Relationship Committee10042140Saurav DuttaExecutive DirectorMember2023-02-10Risk Management Committee09402294Vandana Minda HedaNon-Executive - Independent DirectorChairperson2025-03-31Risk Management Committee08695322Adhip Nath PalchaudhuriExecutive DirectorMember2020-03-01Risk Management Committee10042140Saurav DuttaExecutive DirectorMember2023-02-10Risk Management Committee10042785Abhijit GhoshExecutive DirectorChairperson2024-12-302025-03-31Corporate Social Responsibility Committee01201050Harishkumar Madhusudan JoshiNon-Executive - Independent DirectorChairperson2025-03-31Corporate Social Responsibility Committee10042785Abhijit GhoshExecutive DirectorMember2023-02-10Shri Abhijit Ghosh was appointed as a Member of Corporate Social Responsibility (CSR) Committee w.e.f 10th February, 2023. Subsequently he was appointed as Chairperson of the CSR Committee w.e.f. 1st July, 2024 and continued to be so till 30th March, 2025. Upon reconstitution of Audit Committee due to induction of Independent Directors, Mr. Ghosh became member of the CSR Committee w.e.f. 31-03-2025Corporate Social Responsibility Committee08695322Adhip Nath PalchaudhuriExecutive DirectorMember2020-03-01Corporate Social Responsibility Committee10042140Saurav DuttaExecutive DirectorMember2024-12-302025-03-31At the Meetings dated 07-01-2025, 10-02-2025 and 28-03-2025, the requirement of presence of minimum 1 Independent Director as per Regulation 17(2A) of SEBI (LODR) Regulations, 2015 could not be met, since the Company had no Independent Director on its Board w.e.f. 08-11-2024 to 30-03-20252024-11-05true7722025-01-0762false4402025-02-1033false4402025-03-2845false440a. At the Audit Committee Meetings dated 07-01-2025, 10-02-2025 and 28-03-2025, the requirement of presence of minimum 2 Independent Director as per Regulation 18(2)(b) of SEBI (LODR) Regulations, 2015 could not be met, since the Company had no Independent Director on its Board w.e.f. 08-11-2024 to 30-03-2025 b. At the Nomination and remuneration Committee Meetings dated 07-01-2025, 10-02-2025 and 28-03-2025, the requirement of presence of minimum 1 Independent Director as per Regulation 19(2A) of SEBI (LODR) Regulations, 2015 could not be met, since the Company had no Independent Director on its Board w.e.f. 08-11-2024 to 30-03-2025 Audit Committee2024-11-05true3320Audit Committee2025-01-0762false3300Audit Committee2025-02-1033false3300Audit Committee2025-03-2845false3300Nomination and remuneration committee2024-11-05true3220Nomination and remuneration committee2025-01-0762false3300Nomination and remuneration committee2025-02-1033false3300Nomination and remuneration committee2025-03-2845false3300falsetruefalsetrueYestruetruetrueDuring the period 1st January, 2025 to 30th March, 2025 the Company had four Executive Directors, the composition of Board of Directors ('BOD') was not in compliance with the SEBI (LODR) Regulations, 2015 owing to insufficient numbers of Non-Executive Directors, Independent Directors and Government Nominee Directors. Owing to this, composition of the various statutory committees was also not in compliance of the SEBI (LODR) Regulations, 2015. Accordingly, during the period 1st January, 2025 to 30th March, 2025 the Board did not comprise of following - minimum 6 Directors, atleast 50% of Directors were not NEDs, absence of adequate number of Independent Directors including women Independent Director, Absence of Women Director. Thereafter, post appointment of two Independent Directors w.e.f. 31-03-2025 the Board did not comprise of following - atleast 50% of Directors were not NEDs, Absence of adequate number of Independent Directors. The Company being a Government Company, the composition of the BOD is not within the control of the Company. The Company had informed the Administrative Ministry about the composition of the Board.Kavita BhavsarCompany Secretary and Compliance OfficerYeshttps://www.balmerlawrie.com/company/about-usYeshttps://www.balmerlawrie.com/storage/files/revised-moa-and-aoa-06011936.pdfYeshttps://www.balmerlawrie.com/brief-profile-of-board-of-directors-including-directorship-and-full-time-positions-in-body-corporatesYeshttps://www.balmerlawrie.com/storage/files/terms-of-appointment-of-independent-director-29032025-1.pdfYeshttps://balmerlawrie.com/goverance/committees?_gl=1*6ztgws*_ga*NTQyNjgyMDY1LjE2NTk2ODI2NTc.*_ga_Y2VGJHRHZ6*MTc0NTMxODE4MC41OC4xLjE3NDUzMjE0MTkuNjAuMC45NTMzMzUwNjI.Yeshttps://balmerlawrie.com/storage/files/46-d-code-of-conduct-for-board-members-designated-personnel-23-1.pdf?_gl=1*1towq5l*_ga*NTQyNjgyMDY1LjE2NTk2ODI2NTc.*_ga_Y2VGJHRHZ6*MTc0NTMxODE4MC41OC4xLjE3NDUzMjE4MDYuNjAuMC45NTMzMzUwNjI.Yeshttps://balmerlawrie.com/storage/files/46-e-whistle-blower-policy.pdf?_gl=1*baoerv*_ga*NTQyNjgyMDY1LjE2NTk2ODI2NTc.*_ga_Y2VGJHRHZ6*MTc0NTMxODE4MC41OC4xLjE3NDUzMjE4MjMuNDMuMC45NTMzMzUwNjI.Yeshttps://www.balmerlawrie.com/storage/files/2-page-110-annual-report-of-bl-23-24-2.pdfYeshttps://balmerlawrie.com/storage/files/46-g-related-party-transactions-policy-01-04-2022.pdf?_gl=1*zsqimp*_ga*NTQyNjgyMDY1LjE2NTk2ODI2NTc.*_ga_Y2VGJHRHZ6*MTc0NTMxODE4MC41OC4xLjE3NDUzMjE4NzAuNjAuMC45NTMzMzUwNjI.Yeshttps://www.balmerlawrie.com/storage/files/material-subsidiaries-archive.pdfYeshttps://www.balmerlawrie.com/investors/disclosures-under-regulation-46-of-sebi-lodr-regulations-2015#:~:text=Details%20of%20familiarization%20programmes%20imparted%20to%20independent%20directors%20including%20the%20following%20detailsYeshttps://balmerlawrie.com/investors/contact-details-for-shareholders-iepf-claim?_gl=1*1d0os3g*_ga*NTQyNjgyMDY1LjE2NTk2ODI2NTc.*_ga_Y2VGJHRHZ6*MTc0NTMxODE4MC41OC4xLjE3NDUzMjE5NjMuNjAuMC45NTMzMzUwNjI.Yeshttps://balmerlawrie.com/contact-information-of-the-designated-officials-of-the-listed-entity-who-are-responsible-for-assisting-and-handling-investor-grievances?_gl=1*1d0os3g*_ga*NTQyNjgyMDY1LjE2NTk2ODI2NTc.*_ga_Y2VGJHRHZ6*MTc0NTMxODE4MC41OC4xLjE3NDUzMjE5NjMuNjAuMC45NTMzMzUwNjI.Yeshttps://www.balmerlawrie.com/investors/disclosures-under-regulation-46-of-sebi-lodr-regulations-2015#:~:text=Financial%20Results%2C%20on%20conclusion%20of%20the%20Meeting%20of%20the%20Board%20of%20Directors%20where%20the%20Financial%20Results%20were%20approvedYeshttps://www.balmerlawrie.com/investors/disclosures-under-regulation-46-of-sebi-lodr-regulations-2015#:~:text=m.-,Shareholding%20Pattern,-Financial%20Year%202024NANANANAYeshttps://www.balmerlawrie.com/investors/disclosures-under-regulation-46-of-sebi-lodr-regulations-2015#:~:text=Items%20in%20sub%2Dregulation%20(1)%20of%20Regulation%2047%20of%20SEBI%20(LODR)%20Regulations%2C%202015Yeshttps://www.balmerlawrie.com/investors/disclosures-under-regulation-46-of-sebi-lodr-regulations-2015#:~:text=.%20All%20credit%20ratings%20obtained%20by%20the%20entityYeshttps://balmerlawrie.com/company/jvs?subsidiary=1&_gl=1*2hcikr*_ga*NTQyNjgyMDY1LjE2NTk2ODI2NTc.*_ga_Y2VGJHRHZ6*MTc0NTMxODE4MC41OC4xLjE3NDUzMjIyMjAuNjAuMC45NTMzMzUwNjI.Yeshttps://www.balmerlawrie.com/investors/disclosures-under-regulation-46-of-sebi-lodr-regulations-2015#:~:text=t.%20Secretarial%20compliance%20report%20as%20per%20sub%2Dregulation%20(2)%20of%20Regulation%2024A%20of%20the%20SEBI%20(LODR)%20RegulationsYeshttps://www.balmerlawrie.com/storage/files/4-policy-for-determining-materiality-of-event-information.pdfYeshttps://www.balmerlawrie.com/storage/files/4-policy-for-determining-materiality-of-event-information.pdfYeshttps://www.balmerlawrie.com/investors/disclosures-under-regulation-46-of-sebi-lodr-regulations-2015#:~:text=Disclosures%20under%20sub%2Dregulation%20(8)%20of%20Regulation%2030%20of%20SEBI%20(LODR)%20Regulations%2C%202015NAYeshttps://www.balmerlawrie.com/adminls/dl_u/DIVIDEND_DISTRIBUTION_POLICY.pdfYeshttps://balmerlawrie.com/investors/other-disclosures-under-the-companies-act-2013?_gl=1*1no8hz9*_ga*NTQyNjgyMDY1LjE2NTk2ODI2NTc.*_ga_Y2VGJHRHZ6*MTc0NTMxODE4MC41OC4xLjE3NDUzMjI2ODUuNjAuMC45NTMzMzUwNjI.#annual-return-linkNAYeshttps://www.balmerlawrie.com/investors/disclosures-under-regulation-46-of-sebi-lodr-regulations-2015Yeshttps://www.balmerlawrie.com/investors/disclosures-under-regulation-46-of-sebi-lodr-regulations-2015NANoAs on 31st March, 2025 the Company had 4 Executive Directors and 2 Independent Directors, hence the composition of Board of Directors was not in compliance with the Regulation 17 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 owing to insufficient numbers of Independent Directors. Further, during the year under review, due to insufficient numbers of Independent Directors and Government Nominee Directors the Board of Directors did not comprise of atleast 50% of Non-Executive Directors. The Company being a Central Public Sector Enterprise has informed the Administrative Ministry about the composition of the Board and the direction from the Administrative Ministry is awaited in this regard.YesNoAt the Board Meetings dated 07-01-2025, 10-02-2025 and 28-03-2025, the requirement of presence of minimum one Independent Director as per Regulation 17(2A) of SEBI (LODR) Regulations, 2015 could not be met, since the Company had no Independent Director on its Board during the period 08-11-2024 to 30-03-2025YesNAYesYesYesYesYesNAYesYesNoDuring the period 08-11-2024 to 30-03-2025 the composition of Audit Committee was not in compliance with the Regulation 18(1) of the SEBI (LODR) Regulations, 2015 due to absence of any Independent Directors on the Board of the Company.NoAt the Audit Committee Meetings dated 07-01-2025, 10-02-2025 and 28-03-2025, the requirement of presence of minimum 2 Independent Director as per Regulation 18(2)(b) of SEBI (LODR) Regulations, 2015 could not be met, since the Company had no Independent Director on its Board during the period 08-11-2024 to 30-03-2025YesNoThe composition of Nomination and Remuneration Committee was not in compliance with the Regulation 19 of the SEBI (LODR) Regulations, 2015 due to absence of requisite number of Non-Executive Directors during the period 01-10-2024 to 04-11-2024 and Non-Executive and Independent Directors during the period 08-11-2024 to 30-03-2025 on the Board of the CompanyNoAt the Nomination and remuneration Committee Meetings dated 07-01-2025, 10-02-2025 and 28-03-2025, the requirement of presence of minimum 1 Independent Director as per Regulation 19(2A) of SEBI (LODR) Regulations, 2015 could not be met, since the Company had no Independent Director on its Board during the period 08-11-2024 to 30-03-2025YesYesNoThe composition of Stakeholders' Relationship Committee was not in compliance with the Regulation 20 of the SEBI (LODR) Regulations, 2015 due to absence of Independent Directors on the Board of the Company during the period 08-11-2024 to 30-03-2025YesYesNoThe composition of Risk Management Committee was not in compliance with the Regulation 21 of the SEBI (LODR) Regulations, 2015 due to absence of Independent Directors on the Board of the Company during the period 08-11-2024 to 30-03-2025YesYesYesYesYesNoDuring the first quarter ended 30th June, 2024 - Post facto approval from Audit Committee was obtained for one instance wherein the said approval was taken up for very small period of the long term contract with the related party and the pricing mechanism was on Arm's Length Basis. During the Second quarter ended 30th September, 2024 - Post Facto approval from Audit Committee was obtained on four instances, out of which in three cases the period of post facto approval was a small period of the long term proposal and in one case, the transaction was carried out for transfer of assets, (the WDV of which was NIL) to support the day to day operations of a Related Party. During the third quarter ended 31st December, 2024 - Post facto approval was taken from Audit Committee on one instance which was within the period of three months from the date of transaction. During the fourth quarter ended 31st March, 2025 - Post facto approval from Audit Committee was obtained for one instance wherein the said approval was taken up for very small period of the long term contract with the related partyNAYesNAYesNAYesNAYesYesYesYesNAYesYesYesNANoVacancy of Director (Service Businesses) has not been filled since created. The Company being a Central Public Sector Enterprise has informed the Administrative Ministry about the composition of the Board and the direction from the Administrative Ministry is awaited in this regard.Kavita BhavsarCompany Secretary and Compliance OfficerYesThe Company does not have any Unlisted Material Subsidiary as defined under SEBI (LODR), Regulations, 2015.Kavita BhavsarCompany Secretary and Compliance OfficerfalseKavita BhavsarCompany Secretary and Compliance OfficerKolkata2025-04-28843483-5Requests for waiver of fine dated 18-03-2025 was submitted to both BSE Limited and National Stock Exchange of India Limited mentioning that the Company is a Central Public Sector Enterprise under the administrative control of the Ministry of Petroleum & Natural Gas (Administrative Ministry) & the Article 7A of the Articles of Association of the Company states that so long as the Company remains a Government Company, the President of India shall, subject to provisions of the Companies Act, 2013, be entitled to appoint one or more Directors on the Board of the Company. Hence, the composition of the Board of Directors is dependent on direction by the Administrative Ministry and thus, these are factors beyond the control of the Company.BSE LimitedFines as per SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 (Chapter-Vll(A)-Penal Actions for Non-Compliance).2025-03-17Non-compliance of Regulation 17(1), 18(1), 19(1)/19(2), 20(2)/20(2A) and 21(2) of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015Fine amounting to Rs.10,43,120 (inclusive of GST) is imposed by BSE LimitedNational Stock Exchange of India LimitedNotice for non-compliance with SEBI (LODR) Regulations, 20152025-03-17Non-compliance of Regulation 17(1), 18(1), 19, 20 and 21(2) of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015Fine amounting to Rs.10,43,120 (inclusive of GST) is imposed by BSE Limited