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Independent DirectorNot Applicable1965-06-02falseActiveNA2024-10-232024-10-2351100MrSATISH PRAKASH AGGARWAL08778242Non-Executive - Independent DirectorNot Applicable1948-02-02falseActiveYes2023-11-242020-07-132020-07-13561122MrsSUNITA BINDALAHFPB9420M02154275Non-Executive - Independent DirectorNot Applicable1971-04-03falseActiveNA2023-11-242023-11-24161120MrsRITU BANSAL10391113Non-Executive - Independent DirectorNot Applicable1986-11-23falseActiveNA2023-11-242023-11-24161110truetruetruetrueAudit Committee08778242SATISH PRAKASH AGGARWALNon-Executive - Independent DirectorChairperson2020-07-20Audit Committee02154275SUNITA BINDALNon-Executive - Independent DirectorMember2023-12-01Audit Committee10391113RITU BANSALNon-Executive - Independent DirectorMember2024-10-23Nomination and remuneration committee08778242SATISH PRAKASH AGGARWALNon-Executive - Independent DirectorChairperson2020-07-20Nomination and remuneration committee02154275SUNITA BINDALNon-Executive - Independent DirectorMember2023-12-01Nomination and remuneration committee10391113RITU BANSALNon-Executive - Independent DirectorMember2024-10-23Stakeholders Relationship Committee08778242SATISH PRAKASH AGGARWALNon-Executive - Independent DirectorChairperson2023-10-17Stakeholders Relationship Committee02154275SUNITA BINDALNon-Executive - Independent DirectorMember2024-10-23Stakeholders Relationship Committee06579602UMESH KUMAR GUPTAExecutive DirectorMember2023-10-17Risk Management Committee08778242SATISH PRAKASH AGGARWALNon-Executive - Independent DirectorChairperson2023-10-17Risk Management Committee02154275SUNITA BINDALNon-Executive - Independent DirectorMember2024-10-23Risk Management Committee06579602UMESH KUMAR GUPTAExecutive DirectorMember2023-10-17Corporate Social Responsibility Committee08778242SATISH PRAKASH AGGARWALNon-Executive - Independent DirectorChairperson2020-07-20Corporate Social Responsibility Committee02154275SUNITA BINDALNon-Executive - Independent DirectorMember2024-10-23Corporate Social Responsibility Committee06579602UMESH KUMAR GUPTAExecutive DirectorMember2023-10-17Other Committee00255850ARUN GUPTABANKING AND FINANCE COMMITTEEExecutive DirectorChairpersonOther Committee06648163PRANAV BANSALBANKING AND FINANCE COMMITTEEExecutive DirectorMemberOther Committee06579602UMESH KUMAR GUPTABANKING AND FINANCE COMMITTEEExecutive DirectorMember2024-10-23true7412024-11-1118true7522024-12-0523true7422024-12-1711true7532025-01-2942true774Audit Committee2024-11-11true3220Audit Committee2025-01-2978true3330Audit Committee2025-03-3160true3330Nomination and remuneration committee2024-10-16true3220Nomination and remuneration committee2024-11-2842true3220Corporate Social Responsibility Committee2024-12-078true3210Corporate Social Responsibility Committee2025-02-1367true3210Risk Management Committee2025-02-03true3320Stakeholders Relationship Committee2025-02-03true3320Other Committee2025-01-27Banking and Finance Committeetrue3300truetruetruetrueYestruetruetrueSumit GuptaCompany Secretary and Compliance OfficerYeshttps://bansalwire.com/Yeshttps://bansalwire.com/memorandum-of-association-and-articles-of-association-of-the-company/Yeshttps://bansalwire.com/our-management/Yeshttps://bansalwire.com/wp-content/uploads/2024/07/Terms-and-conditions-of-appointment-of-independent-directors.pdfYeshttps://bansalwire.com/wp-content/uploads/2024/11/Composition-of-Committee.pdfYeshttps://bansalwire.com/wp-content/uploads/2024/09/Code-of-conduct-of-Board-of-Directors-and-Senior-Management-Personnel.pdfYeshttps://bansalwire.com/wp-content/uploads/2024/07/Vigil-Mechanish-Policy.pdfYeshttps://bansalwire.com/wp-content/uploads/2024/09/criteria-of-making-payments-to-non-executive-directors.pdfYeshttps://bansalwire.com/wp-content/uploads/2024/09/Policy-on-Materiality-And-Dealing-With-Related-Party-Transactions.pdfYeshttps://bansalwire.com/wp-content/uploads/2024/07/Policy-on-Material-Subsidiary.pdfYeshttps://bansalwire.com/wp-content/uploads/2024/09/Familiarisation-Programme-of-Independent-Directors.pdfYeshttps://bansalwire.com/wp-content/uploads/2024/07/The-email-address-for-grievance-redressal-and-other-relevant-details.pdfYeshttps://bansalwire.com/wp-content/uploads/2024/07/Contact-information-of-the-designated-official-of-the-listed-entity-who-are-responsible-for-assisting-and-handling-investor-grievances..pdfYeshttps://bansalwire.com/outcome-of-board-meeting-held-on-july-31-2024/Yeshttps://bansalwire.com/share-holding-pattern/Yeshttps://bansalwire.com/details-of-agreements-entered-into-with-the-media-companies/Yeshttps://bansalwire.com/bwil-exchange-intimation-earnings-call-invite/ https://bansalwire.com/investors-presentation/Yeshttps://bansalwire.com/earnings-call-transcript-audio/NAYeshttps://bansalwire.com/newspaper-advertisment-pursuant-to-regulation-47-of-sebi-listing-obligations-and-disclosure-requirements-regulations-2015/NAYeshttps://bansalwire.com/disclosure-under-regulation-462-of-sebi-lodr/Yeshttps://bansalwire.com/secretarial-compliance-report/Yeshttps://bansalwire.com/wp-content/uploads/2024/07/Policy-on-Determination-and-Disclosure-of-Materiality-of-Events-and-Information.pdfYeshttps://bansalwire.com/wp-content/uploads/2024/09/Disclosure-of-contact-details-of-key-Managerial-Personnel.pdfYeshttps://bansalwire.com/intimation-under-regulation-308/Yeshttps://bansalwire.com/statement-of-deviations-or-variations-as-specified-in-regulation-32/Yeshttps://bansalwire.com/wp-content/uploads/2024/09/Dividend-Distribution-Policy.pdfYeshttps://bansalwire.com/annual-return/NAYeshttps://bansalwire.com/disclosure-under-regulation-462-of-sebi-lodr/Yeshttps://bansalwire.com/disclosure-under-regulation-462-of-sebi-lodr/YesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesNAYesYesYesYesYesYesYesYesYesYesYesYesPoint No. 36 Alternate Director to Indepedent Director - No alternate director was appointed to indepdent Director. Therefore, This clause is not applicable to the Company. The Company is in compliance with the law.Sumit GuptaCompany Secretary and Compliance OfficerYesSumit GuptaCompany Secretary and Compliance OfficerfalseSumit GuptaCompany Secretary and Compliance OfficerDelhi2025-04-3004400Income Tax Department2017-12-20As disclosed in the prospectus, Tax demand of Rs 56.77 million is outstanding towards Bansal Steel & Power Limited (Wholly Owned Subsidiary of Bansal Wire Industries Limited) pertaining to the period prior to its acquisition through CIRP process vide NCLT order dated December 04, 2018. A petition has already been filed with the High Court seeking to quash all dues prior to NCLT order and is hopeful of a favorable outcome and does not expect the said demand order to have any negative impact or create any obligation on the Company, its subsidiary or its promoters in this regard.There is no update on this Tax Litigation during this quarterIncome Tax Department2019-12-22As disclosed in the prospectus, Tax demand of Rs 21.37 million along with the interest of Rs 10.68 million is outstanding towards Bansal Steel & Power Limited (Wholly Owned Subsidiary of Bansal Wire Industries Limited) pertaining to the period prior to its acquisition through CIRP process vide NCLT order dated December 04, 2018. A petition has already been filed with the High Court to quash all dues prior to NCLT order and is hopeful of a favorable outcome and does not expect the said demand order to have any negative impact or create any obligation on the Company, its subsidiary or its promoters in this regard.There is no update on this Tax Litigation during this quarterDeputy Commissioner Ghaziabad (A)2025-02-13The Company has received an Order in Form GST DRC-07 passed under Section 130 of the Goods and Services Tax Act, 2017 for FY-2023-2024 a total penalty and others of Rs. 26,13,032 under CGST Act and Rs. 26,13,032 under SGST Act respectively on the ground that there are some discrepancies identified in stock during the inspectionThere is no update on this Tax Litigation during this quarterAssessment Unit, Income Tax Department2025-03-19The Income tax department has passed an assessment order under Section 147 read with Section 144 and 144B of the Act dated March 19, 2025 for FY 2017-18 (AY-2018-19) without making any further addition to the assessed income in response to the notice issued under Section 148A(b) of the Income Tax Act,1961. The notice issued under section 148A(b) wherein it was show cause as to why the amount Of excise duty Of Rs. 5,07,47,925/-interest Of Rs. 70,01,325/-and Rs.15,00,000/- being CSR expenditure aggregating to Rs. 5,92,49,251/-shall not be treated as income chargeable to tax under Income Tax Act, 1961. After due consideration of the facts and written submissions and reply given by the Company, the Authority allowed the above-mentioned expenditure of Rs. 5,92,49,251/-claimed in AY 2018-19. Therefore, no adverse inference will be drawn against the Company on this issue.As the facts and submissions made by the Company was accepted by the Authority and consequently issued a Notice of Nil demand under section 156 of Income Tax Act, 1961. The Company is in a view to withdraw the writ petition filed by the Company on this matter with the High Court of Delhi dated April 23, 2024Deputy Excise and Taxation Commissioner, Jhajjar (Bahardurgarh), Haryana2025-01-31Nature - GST Notice [Form GST DRC-07] imposing a penalty of Rs. 50,99,895/- under Section 74 of the GST Act, 2017 along with tax liability of Rs. 57,77,896/- and interest of Rs. 89,94,666 against the Wholly Owned Subsidiary (BSPL) of the Company pertaining to the financial year 2017-18. A petition has already been filed seeking the quashing of all dues prior to NCLT order. Therefore there will be no obligation on the Company, its subsidiary or its promoters regarding these dues.Based on the Company's assessment referring Section 31 read with Section 238 of the IBBI Act which overrides anything inconsistent contained in any other law. The company will file appropriate response to the authority within statutory timelines. Hence there will be no financial impact due to this.