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HEALTHCARE LIMITED2024-04-012025-03-31Yearly2025-03-31EquitytruetruefalseThe Company has not acquired shares or voting rights in unlisted companies during the financial year.truetruefalseThe Company has not obtained Loans / gaurantees / Comfort Letters / Securitoes etc. during the financial year.trueTop 1000 listed entitiestruet00183OriginaltruefalseMrRAGHUNATHAN THIRUVALLUR THATTAI00043455Executive DirectorChairperson related to Promoter1952-07-08falseActiveNA1998-12-312021-11-012812000MrRAJIV TULSHANAAQPT3727P00009876Non-Executive - Non Independent DirectorNot Applicable1957-09-20falseActiveNA1984-11-302024-07-241010MrKRISHNAMURTHY SHANKARAN00043205Non-Executive - Non Independent DirectorNot Applicable1953-11-11falseActiveNA2000-10-092023-07-251021MrSUNDARAM BALASUBRAMANIANAADPB8034A02849971Non-Executive - Independent DirectorNot Applicable1942-11-03falseActiveYes2018-08-092015-03-272020-03-272025-03-271202222Tenure CompletionMrRAMESH RAJAN NATARAJAN01628318Non-Executive - Independent DirectorNot Applicable1957-07-05falseActiveNA2016-02-032021-02-03109.936685MrVIJAYARAGHAVACHARI RANGANATHANACCPR4755K00550121Non-Executive - Independent DirectorNot Applicable1958-11-10falseActiveNA2019-06-012024-06-01703343MrSUBRAMANIAM KALYANARAMAN00119541Executive DirectorNot ApplicableCEO-MD1962-09-15falseActiveNA2014-08-222024-06-01701000MrMUKUND THIRUVALLUR THATTAIAARPM8057C07193370Non-Executive - Non Independent DirectorNot Applicable1976-12-23falseActiveNA2022-09-092022-09-092000MrMURALI NEELAKANTAN02453014Non-Executive - Independent DirectorNot Applicable1972-10-04falseActiveNA2024-08-222024-08-227.32200MrsHASTHA SHIVARAMAKRISHNANAAZPH7868J00391864Non-Executive - Independent DirectorNot Applicable1958-11-09falseActiveNA2024-10-162024-10-165.51100MrsSUBASHREE ANANTKRISHNAN10898908Non-Executive - Independent DirectorNot Applicable1963-11-30falseActiveNA2025-01-242025-01-242.231110truetruetruetruetrueAudit Committee00550121VIJAYARAGHAVACHARI RANGANATHANNon-Executive - Independent DirectorChairperson2019-08-09Mr. V Ranganathan was appointed as a Memeber of the Audit Commitee, w.e.f. 09-08-2019. He was nominated as Chairman, w.e.f. 27-03-2025, consequent upon the completion of term of office of Mr. S Balasubramanian as an Independent Director.Audit Committee00043205KRISHNAMURTHY SHANKARANNon-Executive - Non Independent DirectorMember2001-04-06Audit Committee01628318RAMESH RAJAN NATARAJANNon-Executive - Independent DirectorMember2024-08-22Audit Committee10898908SUBASHREE ANANTKRISHNANNon-Executive - Independent DirectorMember2025-03-27Audit Committee02849971SUNDARAM BALASUBRAMANIANNon-Executive - Independent DirectorChairperson2016-02-032025-03-27Mr. S Balasubramanian was ceased to be the Chairman of the Audit Committee, consequent upon his completion of term of office as an Independent Director, w.e.f. 27-03-2025.Nomination and remuneration committee01628318RAMESH RAJAN NATARAJANNon-Executive - Independent DirectorChairperson2019-08-09Nomination and remuneration committee00043205KRISHNAMURTHY SHANKARANNon-Executive - Non Independent DirectorMember2002-01-30Nomination and remuneration committee02849971SUNDARAM BALASUBRAMANIANNon-Executive - Independent DirectorMember2022-01-012025-03-27Mr. S Balasubramanian ceases to be a Member of the Nomination and Remuneration Committee, consequent upon his completion of term of office as an Independent Director, w.e.f. 27-03-2025.Nomination and remuneration committee02453014MURALI NEELAKANTANNon-Executive - Independent DirectorMember2024-08-22Nomination and remuneration committee00391864HASTHA SHIVARAMAKRISHNANNon-Executive - Independent DirectorMember2024-10-25Nomination and remuneration committee10898908SUBASHREE ANANTKRISHNANNon-Executive - Independent DirectorMember2025-03-27Stakeholders Relationship Committee00043205KRISHNAMURTHY SHANKARANNon-Executive - Non Independent DirectorChairperson2002-01-30Stakeholders Relationship Committee00009876RAJIV TULSHANNon-Executive - Non Independent DirectorMember2007-10-30Stakeholders Relationship Committee00550121VIJAYARAGHAVACHARI RANGANATHANNon-Executive - Independent DirectorMember2024-08-22Risk Management Committee00391864HASTHA SHIVARAMAKRISHNANNon-Executive - Independent DirectorChairperson2024-10-25Mrs Hastha Sivaramakrishnan was appointed as a Member on 25-10-2024 and nominated as Chairman w.e.f. 27-03-2025, consequent upon the completion of term of office of Mr S Balasubramanian as an Independent Director.Risk Management Committee02849971SUNDARAM BALASUBRAMANIANNon-Executive - Independent DirectorChairperson2021-05-272025-03-27Mr. S Balasubramanian ceased to be the Chairman of the Risk Management Committee, consequent upon his completion of term of office as an Independent Director, w.e.f. 27-03-2025.Risk Management Committee00043205KRISHNAMURTHY SHANKARANNon-Executive - Non Independent DirectorMember2021-05-27Risk Management Committee01628318RAMESH RAJAN NATARAJANNon-Executive - Independent DirectorMember2021-05-27Risk Management Committee00119541SUBRAMANIAM KALYANARAMANExecutive DirectorMember2021-05-27Risk Management Committee99999999Bhagavatula Venkatakanaka DurgaprasadPresident - FinanceMember2021-05-27Mr Bhagavatula Venkatakanaka Durgaprasad, President - Finance (CFO) is a Company Executive and not a Director.Risk Management Committee99999999VENGIPURAM KRISHNASWAMY SRINIVASANSenior Vice President - FinanceMember2021-05-27Mr Vengipuram Krishnaswamy Srinivasan, Senior Vice President - Finance is a Company Executive and not a Director.Risk Management Committee99999999RAMASWAMY SRIKANTHSenior Vice President - SystemsMember2021-05-272025-03-27Mr Ramaswamy Srikanth, Senior Vice President - Systems is a Company Executive and not a Director. He ceased to be a Member of the Risk Management Committee consequent to his retirement from the services of the Company.Risk Management Committee99999999BALAGOPAL HARIKUMARGeneral Manager - ITMember2025-03-27Mr Balagopal Harikumar, General Manager - IT is a Company Executive and not a Director. He was nominated as a Member of the Risk Management Committee, w.e.f. 27-03-2025, consequent to the retirement of Mr R Srikanth from the services of the Company.Corporate Social Responsibility Committee00043455RAGHUNATHAN THIRUVALLUR THATTAIExecutive DirectorChairperson2014-08-22Corporate Social Responsibility Committee00043205KRISHNAMURTHY SHANKARANNon-Executive - Non Independent DirectorMember2014-08-22Corporate Social Responsibility Committee00009876RAJIV TULSHANNon-Executive - Non Independent DirectorMember2024-08-22Corporate Social Responsibility Committee02453014MURALI NEELAKANTANNon-Executive - Independent DirectorMember2024-08-222024-10-25true10942025-01-2490true111162025-03-2155true11116Audit Committee2024-10-24true4320Audit Committee2025-01-2390true4430Audit Committee2025-03-2156true4430Stakeholders Relationship Committee2024-10-25true3310Stakeholders Relationship Committee2025-01-2490true3310Risk Management Committee2024-08-01true4423Risk Management Committee2025-02-10true4423Nomination and remuneration committee2024-10-16true4430Nomination and remuneration committee2025-01-24true5540Corporate Social Responsibility Committee2025-01-24true4410truetruetruetrueYestruetruetrueThe Corporate Governance for the Quarter ended December 31, 2024, was placed before the Board at its Meeting held on January 24, 2025 and the same was taken on record. There were no comments / observations / advice. The Corporate Governance Report for the Quarter ended March 31, 2025 will be placed before the Board at its ensuing Meeting.GOWRY A JAISHANKARCompany Secretary and Compliance OfficerYeshttps://ttkhealthcare.comYeshttps://ttkhealthcare.com/wp-content/uploads/2023/04/MOA-AOA.pdfYeshttps://ttkhealthcare.com/wp-content/uploads/2019/09/Profile-of-Directors-1.pdfYeshttps://ttkhealthcare.com/wp-content/uploads/2019/09/ID-Terms-and-Conditions.pdfYeshttps://ttkhealthcare.com/wp-content/uploads/2019/09/Composition-of-Various-Committees-wef-27032025.pdfYeshttps://ttkhealthcare.com/wp-content/uploads/2019/09/Code_of_Conduct_03022017-1.pdfYeshttps://ttkhealthcare.com/wp-content/uploads/2019/09/TTKHC-Whistle-Blower-Policy-1.pdfYeshttps://ttkhealthcare.com/wp-content/uploads/2019/09/Criteria-of-making-payment-to-NEDs-2022.pdfYeshttps://ttkhealthcare.com/wp-content/uploads/2019/09/RPT-Policy-09022022.pdfNAYeshttps://ttkhealthcare.com/wp-content/uploads/2019/09/FAMILIARISATION-PROGRAMME-FOR-INDEPENDENT-DIRECTORS.pdfYeshttps://ttkhealthcare.com/contact-us/Yeshttps://ttkhealthcare.com/wp-content/uploads/2019/09/Contact-Information-IGR.pdfYeshttps://ttkhealthcare.com/investorlist/financial-results/Yeshttps://ttkhealthcare.com/investorlist/share-holding-pattern/NANANANAYeshttps://ttkhealthcare.com/investorlist/paper-advertisements/NANAYeshttps://ttkhealthcare.com/wp-content/uploads/2022/07/SESCR31032023.pdfYeshttps://ttkhealthcare.com/wp-content/uploads/2019/09/Policy-for-Disclosure-of-Events-or-Information.pdfYeshttps://ttkhealthcare.com/wp-content/uploads/2022/07/KMPs-Contact-Details-21032025.pdfYeshttps://ttkhealthcare.com/investors/NAYeshttps://ttkhealthcare.com/wp-content/uploads/2019/09/Dividend-Distribution-Policy.pdfYeshttps://ttkhealthcare.com/wp-content/uploads/2021/03/Form_MGT_7-Website.pdfNAYeshttps://ttkhealthcare.comYeshttps://ttkhealthcare.comYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesNANANANANAYesYesYesYesYesYesNAYesYesYesYesNAGOWRY A JAISHANKARCompany Secretary and Compliance OfficerNAGOWRY A JAISHANKARCompany Secretary and Compliance OfficerfalseGOWRY A JAISHANKARCompany Secretary and Compliance OfficerCHENNAI2025-04-250101000Listing Complaince - National Stock Exchange of IndiaFine / Penalty2025-03-17Penalty / Fine Leived of Rs. 75,000 - Waiver Request Filed0Listing Compliance - BSE LimitedFine / Penalty2025-03-17Penalty / Fine Leived of Rs. 75,000 - Waiver Request Filed0GST CustomsFine / Penalty2025-01-13Delay in filing - Penalty paid Rs. 50000GST CustomsFine / Penalty2025-01-13Delay in filing - Penalty paid Rs. 450000GST CustomsFine / Penalty2025-01-17Delay in filing - Penalty paid Rs. 100000Assessing Officer, Corporate Ward 3(1) CHE2001-04-01Disallowance value of Logo Charges, Royalty Charges, pending in High Court of Madras (Rs.2030.42 Lakhs) for AY 2001-02 to 2012-13Same as reported in the previous Quarter.Assessing Officer, Corporate Ward 3(1) CHE2022-07-15Disallowance of Depot Service Charges, Logo Charges pending in ITAT (Rs.255.68 Lakhs) for AY 2013-14CIT(A) has passed order in favour of our Company (Assessee) setting aside the disallowance of Logo charges and Depot Service charges.Assessing Officer, Corporate Ward 3(1) CHE2023-09-08Disallowance of Depot Service Charges, Logo Charges pending in ITAT (Rs.2.18 Lakhs) for AY 2014-15CIT(A) has passed order in favour of our Company (Assessee) setting aside the disallowance of Logo charges and Depot Service charges.Assessing Officer, Corporate Ward 3(1) CHE2021-03-16Disallowance of 37(1) (Performance Linked Incentive), E commerce Development - Capital Nature, Logo Charges pending in ITAT (Rs.162.93 Lakhs) for AY 2018-19ITAT has directed the Company (Assessee) to submit documents to the Assessing officer w.r.t. Performance Linked Incentive. The Ecommerce development Expenses has been treated as capital in nature and only depreciation is allowed. Order passed in favour of our Company (Assessee) setting aside the disallowance of Logo charges.Assessing Officer, Corporate Ward 3(1) CHE2022-09-21Disallowance of Depot Service Charges, Logo Charges pending in ITAT (Rs.106.71 Lakhs) for AY 2020-21CIT(A) has passed order in favour of our Company (Assessee) setting aside the disallowance of Logo charges and Depot Service charges.Assessing Officer, Corporate Ward 3(1) CHE2025-03-03Disallowance of Interest (Rs.323.75 lakhs) under Section 244A of Income Tax Act, 1961 for AY 2013-14. [Already disclosed vide Communication No.TTKH:SEC:GJ:057:25 dated 14.02. 2025]The Company has filed a Writ Petition before the Hon'ble High Court of Judicature at Madras against this order. The Court has granted stay of recovery of interest already given and the matter was posted for further hearing on 21/07/2025.Assessing Officer, Corporate Ward 3(1) CHE2025-02-10Disallowance of Interest (Rs.56.38 lakhs) under Section 244A of Income Tax Act, 1961 for AY 2014-15. [Already disclosed vide Communication No.TTKH:SEC:GJ:057:25 dated 14.02. 2025]The Company has filed a Writ Petition before the Hon'ble High Court of Judicature at Madras against this order. The Court has granted stay of recovery of interest already given and the matter was posted for further hearing on 21/07/2025.Assessing Officer, Corporate Ward 3(1) CHE2025-02-19Disallowance of Interest (Rs.237.17 lakhs) under Section 244A of Income Tax Act, 1961 for AY 2015-16. [Already disclosed vide Communication No.TTKH:SEC:GJ:061:25 dated 25.02. 2025]The Company has filed a Writ Petition before the Hon'ble High Court of Judicature at Madras against this order. The Court has granted stay of recovery of interest already given and the matter was posted for further hearing on 21/07/2025.Assessing Officer, Corporate Ward 3(1) CHE2025-03-25First Time DisclosureDisallowance of Depot Service Charges, Logo Charges pending in CIT(A) (Rs.127.79 lakhs) for AY 2023-24.Office of the Joint Commissioner (State Tax) No 1 Division Vijayawada2023-09-30Classification Issue- AWD Feed Suppliment- ACIBLAST, BLOX POWER POWDER, TEFROLI POWDER, Total Impact - Rs.59.01 lakhs (2017-18 to 2020-21)Same as reported in the previous Quarter.Office of the Assistant Commissioner of GST and Central Excise , Puducherry Division -II2028-04-01GST/RCM on foreign expenses and freight charges. Total Impact - Rs.44.83 Lakhs (2018-19 to 2021-22)Same as reported in the previous Quarter.Assistant State Tax Officer, Wayanad Kerala2024-09-10First Time DisclosureThe Assistant State Tax Officer, Squad No.1 had intercepted goods for wrong classification in Wayanad Check Post. Company's appeal before the Joint Commissioner was dismissed. Writ Appeal was filed against that in the Hon'ble High Court of Judicature at Kerala. Interim stay obtained from the said High Court deferrring the recovering proceedings till the GST Tribunal is consituted and an appeal in that forum is filed. (Impact - Rs.0.98 lakhs)The Customs, Excise and Sevice Tax Appellate Tribunal Chennai1988-04-01Show cause notice received for erroneous refund (1988-89 to 2000-01) - Rs. 1,15,20,000Same as reported in the previous Quarter but unlikely to be taken up.The Commissioner of Central Excise (Appeals)2002-04-01Order pending to be received from Commissioner (Appeals) but unlikely to be taken up (2002-03) Rs. 42,000Same as reported in the previous Quarter.The Customs, Excise and Sevice Tax Appellate Tribunal Chennai1995-04-011995-1996 to 2007-2008 - Rs. 2,70,000Disputes under different head covering the said years. Status same as per previous quarter end but unlikely to be taken up.The Deputy Commissioner of Central Excise Aurangabad1994-04-011994 -1995 & 1995-1996 - Rs. 74,000Goods classification issue covering two years. Status same as per previous quarter end but unlikely to be taken up.The Commissioner of Central Excise (Appeals) Banglore & CESTAT Bangalore.2005-04-01Inadmissible CENVAT Credit issue (2005-06 to 2007-08) - Rs.3,98,000Same as per previous quarter end.Settlement Commission, Chennai1992-04-01Department has not replied to SETCOM with regard to Interest liability. It's now too long a period. (1992-93 to 2005-06) - Rs. 20,30,000Same as per previous quarter end.CESTAT, Chennai2010-04-01Latex classification issue not taken up for a long time. (2010-11 to 2011-12) - Rs. 3,50,30,000Same as per previous quarter end.Department of Pharmaceuticals National Pharmaceutical Pricing Authority Ministry of Chemicals & Fertilizers2025-01-30The Company revised the MRP of its Orthopaedic Implants from Rs.90,000 [for a set of four components] to Rs.1,00,000/-, in September, 2014. The 10% increase would mean a revised MRP of Rs.99,000/- and for operational convenience, it was rounded off to Rs.1,00,000/-. The rounding off amount of Rs.1,000/- has been treated as overcharging under Para 20 of the DPCO, 2013 by NPPA. Demand Notice bearing No.F.No.20(8)/56/07/OC/2018/Div.III/NPPA dated January 30, 2025 was received from NPPA through E-mail dated January 30, 2025 for a sum of Rs.49,28,419/- [Overcharged Amount - Rs.19,87,300/- Plus Interest @15% p.a. - Rs.29,41,119/-] [Already disclosed vide communication No.TTKH:SEC:GJ:036:25 dated 31.01.2025].The Company remitted a sum of Rs.43,15,154/- [Overcharged Amount - Rs.17,44,750/- Plus Interest @15% p.a. - Rs.25,70,404/-]. [It was observed that 441 units of a component was wrongly classified under the overcharged category though they were sold under the old MRP only. Hence remittance was made after adjusting the value for 441 units and the same was also informed to NPPA].