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Independent DirectorNot Applicable1951-10-14falseActiveYes2021-09-202017-04-282022-04-2895.043303MrRakeshkumar PandeyAAEPP7640P00113227Non-Executive - Independent DirectorNot Applicable1956-09-18falseActiveNA2017-11-292022-11-2988.031110MrsAnita Bandyopadhyay08672071Non-Executive - Independent DirectorNot Applicable1968-11-05falseActiveNA2020-02-032025-02-0361.293301MrRakesh MathurAEBPM7109P02285801Non-Executive - Independent DirectorNot Applicable1951-09-06falseActiveYes2024-05-082024-04-012024-04-01122211MrAditya Ghosh01243445Non-Executive - Non Independent DirectorNot Applicable1975-07-27falseActiveNA2024-07-012024-07-011000MrUtkarsh SinhaBTCPS7405R07809054Non-Executive - Independent DirectorNot Applicable1985-02-10falseActiveNA2024-07-012024-07-0191100The Company at its Board Meeting held on November 13, 2021 voluntarily constituted the Risk Management Committee of the Board which consist of the following Members, namely Mr. Rakesh Pandey Chairman Mr. Ullal R. Bhat - Member Mr. Indranil Chatterjee - Member Mr. Rajesh Kumar Mohta - MembertruetruetruetruetrueAudit Committee00008425Ullal Ravindra BhatNon-Executive - Independent DirectorChairperson2017-04-28Appointed as a Member with effect from 28.04.2017 and as Chairman with effect from 27.05.2017.Audit Committee00200443Anjanmoy ChatterjeeExecutive DirectorMember2011-03-02Audit Committee00113227Rakeshkumar PandeyNon-Executive - Independent DirectorMember2017-12-12Nomination and remuneration committee00113227Rakeshkumar PandeyNon-Executive - Independent DirectorChairperson2017-12-12Appointed as a Member with effect from 12.12.2017 and as Chairman with effect from 11.02.2021.Nomination and remuneration committee00008425Ullal Ravindra BhatNon-Executive - Independent DirectorMember2017-04-28Nomination and remuneration committee08672071Anita BandyopadhyayNon-Executive - Independent DirectorMember2021-08-14Stakeholders Relationship Committee08672071Anita BandyopadhyayNon-Executive - Independent DirectorChairperson2021-02-11Appointed as Member and Chairperson with effect from 11.02.2021.Stakeholders Relationship Committee00200443Anjanmoy ChatterjeeExecutive DirectorMember2011-03-02Stakeholders Relationship Committee00200577Indranil Ananda ChatterjeeExecutive DirectorMember2011-03-02Risk Management Committee00113227Rakeshkumar PandeyNon-Executive - Independent DirectorChairperson2021-11-13Risk Management Committee00008425Ullal Ravindra BhatNon-Executive - Independent DirectorMember2021-11-13Risk Management Committee00200577Indranil Ananda ChatterjeeExecutive DirectorMember2021-11-13Risk Management Committee99999999Rajesh Kumar MohtaExecutive Director Finance and CFOMember2021-11-13Mr. Rajesh Kumar Mohta, Executive Director - Finance and CFO is Member of Risk Management Committee.Corporate Social Responsibility Committee08672071Anita BandyopadhyayNon-Executive - Independent DirectorChairperson2024-04-01Appointed as Member with effect from 01.04.2024 and as Chairperson with effect from 01.04.2024.Corporate Social Responsibility Committee00226893Suchhanda Anjan ChatterjeeExecutive DirectorMember2014-05-28Corporate Social Responsibility Committee00008425Ullal Ravindra BhatNon-Executive - Independent DirectorMember2017-04-28Corporate Social Responsibility Committee02285801Rakesh MathurNon-Executive - Independent DirectorMember2024-04-01Appointed as Member with effect from 01.04.2024.2024-11-14true10842025-01-3177true10105Audit Committee2024-11-14true3320Audit Committee2025-01-3177true3320Corporate Social Responsibility Committee2025-01-27true4430Risk Management Committee2025-01-16true3221truetruetruetrueYestruetruetrueThe report submitted for the previous quarter ended 31.12.2024 was placed before the Board of Directors at their Meeting held on 31.01.2025 and there were no comments/observations/advice of the Board of Directors.Avinash KinhikarCompany Secretary and Compliance OfficerYeshttps://www.speciality.co.in/aboutus.htmlYeshttps://www.speciality.co.in/pdf/pdf_4/Compliance-under-Regulation-46/MOA%20and%20AOA%20of%20SRL_Amended%202023.pdfYeshttps://www.speciality.co.in/pdf/pdf_4/Compliance-under-Regulation-46/Brief-Profile-of-Board-of-Directors.pdfYeshttps://www.speciality.co.in/investors.htmlYeshttps://www.speciality.co.in/pdf/pdf_4/Composition-of-Board/Composition-of-Committees.pdfYeshttps://www.speciality.co.in/pdf/pdf_2/Policies/Code_of_Conduct.pdfYeshttps://www.speciality.co.in/pdf/pdf_2/Policies/VIGIL_MECHANISM_POLICY.pdfYeshttps://www.speciality.co.in/pdf/pdf_2/Policies/NOMINATION_AND_REMUNERATION_POLICY.pdfYeshttps://www.speciality.co.in/pdf/pdf_2/Policies/Final_SRL-Policy-on-RPT_0908.pdfYeshttps://www.speciality.co.in/pdf/pdf_2/Policies/Final_Policy-on-Material-Subsidiaries.pdfYeshttps://www.speciality.co.in/pdf/pdf_2/Policies/FAMILIARISATION_PROGRAMME_FOR_INDEPENDENT_DIRECTORS.pdfYeshttps://www.speciality.co.in/pdf/pdf_4/Compliance-under-Regulation-46/Final-Website-Information-Regulation-46.pdfYeshttps://www.speciality.co.in/pdf/pdf_4/Compliance-under-Regulation-46/Final-Website-Information-Regulation-46.pdfYeshttps://www.speciality.co.in/investors.htmlYeshttps://www.speciality.co.in/investors.htmlNAYeshttps://www.speciality.co.in/investors.htmlYeshttps://www.speciality.co.in/investors.htmlNAYeshttps://www.speciality.co.in/investors.htmlYeshttps://www.speciality.co.in/investors.htmlYeshttps://www.speciality.co.in/investors.htmlYeshttps://www.speciality.co.in/investors.htmlYeshttps://www.speciality.co.in/pdf/pdf_2/Policies/Policy_for_the_Determination_of_Materiality_of_any_event_or_information.pdfYeshttps://www.speciality.co.in/pdf/pdf_2/Policies/Policy_for_the_Determination_of_Materiality_of_any_event_or_information.pdfYeshttps://www.speciality.co.in/investors.htmlYeshttps://www.speciality.co.in/investors.htmlYeshttps://www.speciality.co.in/pdf/pdf_2/Policies/Final-Dividend-Distribution-Policy.pdfYeshttps://www.speciality.co.in/investors.htmlNAYeshttps://www.speciality.co.in/investors.htmlYeshttps://www.speciality.co.in/investors.htmlYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesNAYesNANANAYesYesYesYesYesYesNAYesYesYesNANAAvinash KinhikarCompany Secretary and Compliance OfficerYesOther Corporate Governance Requirements in terms of Regulation 24(2), (3), (4), (5) and (6) of the Listing Regulations as applicable was complied by the Company. Avinash KinhikarCompany Secretary and Compliance OfficerfalseAvinash KinhikarCompany Secretary and Compliance OfficerMumbai2025-04-301010-1Office of Recovery, SRO Thane, Employee State Insurance Corporation (ESIC)The Company has received Notice of demand issued by the Office of Recovery, SRO Thane.2025-01-08Delay in transferring ESI amount of Rs. 476/- for the period March 2020 to April 2021.The financial impact will be to the extent of Rs. 476/-. There will be no impact on operations or other activities of the Company.Brihanmumbai Municipal CorporationOne of the Unit of the Company has received a challan of Rs. 5,000/-.2025-01-15Fine imposed of Rs. 5,000/- for using non-permittable plastic.The financial impact will be to the extent of the fine imposed. There will be no impact on operations or other activities of the Company.Office of Inspector of Excise, Range 24, Ashoknagar, Bangalore, Urban District, BangaloreImposed fine of Rs. 10,000/- for non adherence of provisions of Excise Act.2025-01-19Fine imposed Rs. 10,000/- for non adherence of provision of Excise Act.The financial impact will be to the extent of the fine imposed. There will be no impact on operations or other activities of the Company.Office of Assistant Commissioner Central Tax - North Division 2, GST North Commissionerate, 1st Floor, HMT Bhavan, Ganganagar, Bellary Road, BengaluruThe Company has received an Order of Rs. 20,000/- of Recovery through specified officer under section 79 of SGST/CGST/UTGST/Cess Act, 20172025-02-17Order of Recovery of Rs 20,000/- on account of tax, cess, interest and penalty payable under the Act.The financial impact will be to the extent of the order. There will be no impact on operations or other activities of the Company.Office of the Commissioner State Excise, Maharashtra State, Fort, MumbaiThe Company has received an Order of Rs. 25,000/- from Office of the Commissioner State Excise, Maharashtra State, Fort, Mumbai for non adherence of certain provision under State Excise Laws in one of the unit of the Company.2025-02-22Compounding Order of Rs. 25,000/- from Office of the Commissioner State Excise, Maharashtra State, Fort, Mumbai for non adherence of certain provision under State Excise Laws in one of the unit of the Company.The financial impact will be to the extent of the order. There will be no impact on operations or other activities of the Company.Judicial Magistrate First Class, Shindewadi, Dadar, MumbaiThe Company was imposed fine of Rs. 10,000/- of the Company.2025-02-28Fine was imposed of Rs. 10,000/- for contravention of Section 390/471 of MMC Act.The financial impact will be to the fine. There will be no impact on operations or other activities of the Company.Office of the Assistant Commissioner of Commercial Taxes, LGSTO-20, #19/3, 2nd Floor, Cunningham Road, Bengaluru – 560052The Company has received notice to pay of Rs. 5,537/- the applicable profession tax and to file returns in Form 4-A for 2020-21.2025-03-06Notice to pay Rs. 5,537/- towards profession tax and to file returns in Form 4-A for 2020-21.The financial impact will be to the extent of Rs. 5,537/-. There will be no impact on operations or other activities of the Company.Office of the Deputy Commissioner, Division - Okhla Goods & Services Tax Commissionerate, Delhi SouthThe Company has received a letter imposing interest liability of Rs. 1,07,132/- from the Office of the Deputy Commissioner, Division - Okhla Goods & Services Tax Commissionerate, Delhi South.2025-03-19Interest liability on account of delay in filing GST returns for the financial year 2018-19.The financial impact will be to the extent of interest. There will be no impact on operations or other activities of the Company.Judicial Magistrate First Class, Shindewadi, Dadar, MumbaiThe Court imposed fine of Rs. 6,000/-.2025-03-19The Court imposed fine of Rs. 6,000/- of the Company for the non compliance under Section 394/471 of MMC Act.The financial impact will be to the extent of the fine imposed. There will be no impact on operations or other activities of the Company.Office of Commissioner, Kolkata South CGST & CX Commissionerate, Kolkata2023-10-28Company had received an initial notice in relation to payment of shortfall tax under Section 74(5) of the CGST Act, 2017 and other relevant provisions, from the Office of the Commissioner, Kolkata South CGST & CX Commissionerate, Kolkata. The said Demand Notice alleges a tax demand of approximately Rs. 3,74,90,370/-.Office of the Commissioner, Kolkata South CGST & CX Commissionerate, Kolkata requested vide their letter dated February 26, 2025, to pay penalty @ 15% on the amount of tax of Rs. 16,03,790/- i.e. of Rs. 2,40,569/- .The tax demand of Rs. 3,74,90,370/- was reduced to Rs. 16,03,790/- by the Office of the Commissioner, Kolkata South CGST & CX Commissionerate, Kolkata vide their observation on GST on license fee paid under RCM along with interest thereon. The Company filed appropriate response to the authorities on the observation letter. On March 21, 2025 a show cause cum demand notice was received by the Company on March 24, 2025, imposing penalty of Rs. 16,03,790/- under section 74 of CGST Act, 2017 and interest thereon under section 50 of CGST Act, 2017. The Company is in discussions with its tax advisors and evaluating the same. The Company will be filing the appropriate response to the letter.Central Board of Indirect Taxes and Customs, GST, Audit Commissionerate- III, Mumbai2023-12-30Company had received two Show Cause Cum Demand Notices from Central Board of Indirect Taxes & Customs, GST, Audit Commissionerate-III, Mumbai in relation to Ineligible refund of GST paid on liquor license fees, disallowance of non-reversal of Input Tax Credit, Non Payment of GST on income declared as an advance received in Balance Sheet and demand raised under other audit observations. The aggregate Demand raised under Demand Notices is Rs. 3.58 crore.Company had received an adjudication order from Joint Commissioner, CGST & C, Ex Mumbai West on February 05, 2025 in respect of Demand Notices confirming the demand for Rs. 2.60 crores and demanded interest thereon, imposed penalty equivalent to tax amount and an additional penalty of Rs. 25,000/- and dropped the demand of Rs. 69.49 lakhs. The same has been intimated to the Stock Exchanges on February 6, 2025.