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Technologies Limited2024-04-012025-03-31Yearly2025-03-31EquitytruetruefalseDuring the quarter ended 31st March, 2025, the Company has not aquired shares or voting rights in any unlisted company, aggregating to 5% or any subsequent change in holding exceeding 2% from the last disclosure made in terms of provision of Para A(1) of Part A of Schedule III of LODR.falseNo penalty or fine imposed during the quartertruetruetrueTop 2000 listed entitiestrues00479OriginalNo. of positions including this listed entity held by Dr. (Mrs. Rashmi Aggarwal) till 03-02-2025 (including Digispice Technologies Limited) were as follows Directorship in listed entities 1 Independent Directorship in listed entities 1 Memberships in Audit/Stakeholder Committee 4 Chairperson in Audit/Stakeholder Committee 1 truefalseMrDilip Kumar Modi00029062Non-Executive - Non Independent DirectorChairperson related to Promoter1974-03-12falseActiveNA2006-08-212023-09-281000MrSubramanian MuraliAAKPS7520H00041261Non-Executive - Non Independent DirectorNot Applicable1959-07-30falseActiveNA2015-05-072024-09-281021MrsVeena Vikas Mankar00004168Non-Executive - Independent DirectorNot Applicable1953-01-24falseActiveNA2025-02-142025-02-1413231MrMayank JainAGJPJ5487B00251609Non-Executive - Independent DirectorNot Applicable1973-04-12falseActiveNA2019-10-012024-10-01661100MrMrutyunjay Mahapatra03168761Non-Executive - Independent DirectorNot Applicable1960-05-03falseActiveNA2022-12-222022-12-22272254MrRam Nirankar RastogiADHPR4086K07063686Non-Executive - Independent DirectorNot Applicable1955-04-25falseActiveNA2024-01-312024-01-31142221MrRohit Ahuja00065417Executive DirectorNot Applicable1975-09-16falseActiveNA2020-05-052023-05-051010MrPankaj VaishAABPV3825F00367424Non-Executive - Independent DirectorNot Applicable1962-02-09falseActiveNA2024-10-012024-10-0162270MrVenkatramu Jayanthi08918442Non-Executive - Non Independent DirectorNot Applicable1970-10-22falseActiveNA2024-01-312024-04-011000MrsRashmi AggarwalABPPS8037H07181938Non-Executive - Independent DirectorNot Applicable1974-10-16falseActiveNA2018-11-022023-11-022025-02-03751141OtherstruetruetruetruetrueAudit Committee03168761Mrutyunjay MahapatraNon-Executive - Independent DirectorChairperson2023-01-16Audit Committee00041261Subramanian MuraliNon-Executive - Non Independent DirectorMember2015-05-07Audit Committee00367424Pankaj VaishNon-Executive - Independent DirectorMember2024-11-15Audit Committee07181938Rashmi AggarwalNon-Executive - Independent DirectorMember2019-08-162025-02-03Nomination and remuneration committee00367424Pankaj VaishNon-Executive - Independent DirectorChairperson2024-11-15Nomination and remuneration committee07063686Ram Nirankar RastogiNon-Executive - Independent DirectorMember2024-11-15Nomination and remuneration committee00251609Mayank JainNon-Executive - Independent DirectorMember2022-10-21Stakeholders Relationship Committee00041261Subramanian MuraliNon-Executive - Non Independent DirectorChairperson2015-05-07Appointed as Chairperson of the Committee w.e.f. 30.11.2015Stakeholders Relationship Committee00367424Pankaj VaishNon-Executive - Independent DirectorMember2025-02-15Stakeholders Relationship Committee00065417Rohit AhujaExecutive DirectorMember2022-10-21Stakeholders Relationship Committee07181938Rashmi AggarwalNon-Executive - Independent DirectorMember2019-02-052025-02-03Risk Management Committee03168761Mrutyunjay MahapatraNon-Executive - Independent DirectorChairperson2025-02-15Risk Management Committee00041261Subramanian MuraliNon-Executive - Non Independent DirectorMember2025-02-15Risk Management Committee00367424Pankaj VaishNon-Executive - Independent DirectorMember2024-11-15Risk Management Committee00065417Rohit AhujaExecutive DirectorMember2021-06-092025-02-15Risk Management Committee00251609Mayank JainNon-Executive - Independent DirectorMember2021-06-092025-02-15Risk Management Committee07181938Rashmi AggarwalNon-Executive - Independent DirectorMember2021-06-092025-02-03Corporate Social Responsibility Committee00029062Dilip Kumar ModiNon-Executive - Non Independent DirectorChairperson2014-05-08Corporate Social Responsibility Committee00041261Subramanian MuraliNon-Executive - Non Independent DirectorMember2015-05-07Corporate Social Responsibility Committee00251609Mayank JainNon-Executive - Independent DirectorMember2022-10-212024-11-14true9952024-12-2439true9952025-02-1451true9952025-03-0417true9952025-03-1813true954Audit Committee2024-11-14true3320Audit Committee2024-12-2439true4430Audit Committee2025-02-1451true3320Audit Committee2025-03-1831true3220Nomination and remuneration committee2025-01-14true3330Nomination and remuneration committee2025-02-1430true3330Risk Management Committee2024-10-08true3321Risk Management Committee2025-03-21163true3320Stakeholders Relationship Committee2025-03-21true3210truetruetruetrueYestruetruetrueRuchi MehtaCompany Secretary and Compliance OfficerYeshttps://digispice.com/#2ndPageYeshttps://investorrelations.digispice.com/articles/1758280434_DiGiSPICE-MOA-AOA-COI-with-updated-MOA.PDFYeshttps://investorrelations.digispice.com/information.php?page=board-of-directorsYeshttps://investorrelations.digispice.com/information.php?page=terms-and-conditions-appointment-independent-directorsYeshttps://investorrelations.digispice.com/information.php?page=composition-board-committeesYeshttps://investorrelations.digispice.com/files/Code-of-Conduct.pdfYeshttps://investorrelations.digispice.com/files/SML-WBP-01-04-2019.pdfYeshttps://investorrelations.digispice.com/Rem_Policy.pdfYeshttps://investorrelations.digispice.com/files/Policy_on_Related_Party_Transactions.pdfYeshttps://investorrelations.digispice.com/files/Policy_on_Material_Subsidiaries.pdfYeshttps://investorrelations.digispice.com/information.php?page=familiarization-programme-independent-directorsYeshttps://investorrelations.digispice.com/information.php?page=investor-contactYeshttps://investorrelations.digispice.com/information.php?page=nodal-officerYeshttps://investorrelations.digispice.com/information.php?page=financial-informationYeshttps://investorrelations.digispice.com/information.php?page=shareholding-patternYeshttps://investorrelations.digispice.com/articles/1735053585_Agreement-for-Investor-Relations-Services.pdfYeshttps://investorrelations.digispice.com/information.php?page=investors-analysts-callYeshttps://investorrelations.digispice.com/information.php?page=transcriptsNAYeshttps://investorrelations.digispice.com/information.php?page=newspaper-publicationsNAYeshttps://investorrelations.digispice.com/information.php?page=accounts---subsidiaries-companiesYeshttps://investorrelations.digispice.com/information.php?page=annual-reportsYeshttps://investorrelations.digispice.com/files/policy-for-determination-of-materiality-of-any-event-information.pdfYeshttps://investorrelations.digispice.com/files/Contact%20Details%20of%20Authorized%20KMP's.pdfYeshttps://investorrelations.digispice.com/information.php?page=announcementsNAYeshttps://investorrelations.digispice.com/articles/845005173_Dividend%20Distribution%20Policy.pdfYeshttps://investorrelations.digispice.com/information.php?page=annual-reportsYeshttps://investorrelations.digispice.com/articles/943665477_Employee-Stock-Option-Scheme-Documents.pdfYeshttps://investorrelations.digispice.com/information.php?page=disclosures-under-regulation-46-of-the-lodrYeshttps://investorrelations.digispice.com/information.php?page=disclosures-under-regulation-46-of-the-lodrYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesNAYesYesYesNAYesYesYesYesYesYesYesYesYesYesYesYesThe necessary omnibus/specific approval and ratification approval has been obtained/will be obtained in terms of Reg. 23 for all related party transactions during the quarterRuchi MehtaCompany Secretary and Compliance OfficerYesRuchi MehtaCompany Secretary and Compliance OfficerfalseRuchi MehtaCompany Secretary and Compliance OfficerNoida2025-04-3000000ADDITIONAL COMMISSIONER OF GOODS AND SERVICE TAX2024-07-25Additional Comissioner passed an order confirming : A. the demand of alleged short tax payment of Rs. 3,13,21,694 along with interest and imposes penalty of Rs. 31,23,169 B. the demand of alleged wrongly availed ITC of amounting to Rs. 94,72,797 along with interest and imposes Penalty of Rs. 9,47,280; C. demand of Interest of Rs. 3509 on account of delayed payment of tax paid; and D. imposes Penalty of Rs. 25,000 of each CGST and SGST Head under Section 125 of the CGST Act read with corresponding provisions of PGST Act for alleged varied and dissimilar declaration of value of zero rated supplies. The Company has filed an appeal with Commissioner Appeal on 23-10-2024.Appeal is pendingCOMMISSIONER OF INCOME TAX2015-08-17Income Tax Demand of Rs. 2.71 Cr. (including interest and already adjusted by the department against refund for AY 2010-11) on enhancement of income by AO under Section 40(a)(ia) of the Income tax Act, 1961 for not deducting TDS under Section 194C of the Act on reimbursement of expenses for the assessment year 2009-10. Against this the Company filledappeal before CIT(Appeals) who remanded the matter back to AO. (a) Tax Department and Company filed appeal before ITAT. ITAT dismissed both the Appeals. against this the Company filed appeal before Allahabad High Court, which appeal was also dismissed. Company has filed SLP in the Supreme Court. (b) Pursusnt to CIT directions, AO issued order for appeal effect, against which Company filed appeal before CIT (Appeals), which was dismissed ex-parte. ITAT, upon appeal by the Company, passed directions to CIT (Appeals) to pass speaking order on merits.Case pending before the Supreme Court and CIT (Appeals)Asst. Director of Income Tax, CPC, Bengaluru2023-01-09Company has filed (a) rectification application before Assessing Officer; and (b) appeal before the Commissioner of Income Tax (Appeals), in relation to Intimation order passed for Assessment Year 2021-22 which had certain factual errors and suo-moto adjustments, whereby tax loss was reduced by Rs 2.33 crs. In the matter of the rectification application filed by the Company for assessment year 2021-22, the jurisdictional assessing officer has allowed the claim of the Company and the mistake apparent from the records has been rectified. Accordingly assessed loss increased by Rs 2.33 Crores and determined a refund of Rs. 0.25 Crores. In response to CIT(A) hearing notice, the Company has furnished its response stating that the Appeal has become infructous pursuant to passing of rectification order by the assessing officer and therefore the appeal be disposed.CIT (Appeals) has disposed off the appeal, being infractuous.DEL-C-(22)(2)- Delhi2023-02-03Income Tax return of Spice Money for AY 2021-22 processed u/s 143(1) by making suo-moto adjustment (a) Sec 41(1) - Rs. 7,83,189 and (b) Sec 36(1)(va) - Rs. 18,129. Rectification application filed by Spiec Money is accepted and rectification order passed correcting error.Appeal filed before CIT(A) has become infructuous. Notice of hearing awaited whereupon the matter will be withdrawn.ADDITIONAL COMMISSIONER OF GOODS AND SERVICE TAX2025-02-21Additional commissioner has imposed penalty of Rs 2,32,332 on input taken by company during the FY 2020-21 and demaning tax 11,61,664 towards input tax along with interest of Rs 9,21,757The Company is pursuing its legal options.National e-assessment centre, Delhi2021-04-07In respect of assessment year 2018-19, the Assessing Officer made disalowance of Rs 69.01 lakhs to the assessed income of Spice Money Limited in the order of assessment passed u/s 143(3) and adjusted the tax demand of Rs. 14.89 lakhs against the refunds due. Spice Money has filed an appeal to the CIT (Appeals) against the said order.Appeal is pendingAssistant Commissioner, State Tax, Uttarakhand2024-09-02Spice Money Limited, subsidiary of the Company received an order from GST Authority imposing a penalty of Rs. 2,31,530 under section 73(9) of Uttrakhand Goods and Service Tax Act, 2017. The total demand under the said order is Rs. 45,74,652 including interest and penalty.The order alleges short declaration of Taxable Turnover and consequent short payment of GST thereon by Spice Money for the year 2019-20. Necessary Appeal has been filed by Spice Money.Appeal is pendingState Tax Officer, Uttarakhand2023-07-04Order u/s 74 of Central Goods and Services Tax Act, 2017 in relation to financial year 2018- 19 with a demand of Rs. 95,77,294, including tax, reversal of credit and penalty passed by Seles tax Officer, Uttarakhand, against Spice Money Limited. The Writ has been filed by Spice Money Limited in Uttarakhand High Court.Matter is pending before Uttarakhand High Court.Deputy Commissioner, State Tax, Noida2024-08-24An order issued by GST Authority under section 73 of Goods and Service Tax Act, 2017 against Spice Money Limited with total demand of Rs. 12,81,556, being interest and penalty due to short declaration of tax. Spice Money has filed application for waiver of tax and penalty under section 128A.Waiver application is pendingAs on the date of submission of this report, there is no CFO or CEO in the Company. Accordingly, the disclosure under this part is verified by Mr. Rohit Ahuja, who is Executive Director in the Company.0025000000250000000000000000000000000000000000All loans (or other form of debt), guarantees, comfort letters (by whatever name called) or securities in connection with any loan(s) (or other form of debt) given directly or indirectly by the listed entity to promoter(s), promoter group, director(s) (including their relatives), key managerial personnel (including their relatives) or any entity controlled by them are in the economic interest of the company.trueRohit AhujaCEONoida2025-04-30