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SERVICES LIMITED2024-04-012025-03-31Yearly2025-03-31EquitytruetruefalseNot applicable as no such event occurred during the said periodtruetruefalseNot applicable as no such event occurred during the said periodtrueTop 1000 listed entitiestrueCOMD00453OriginaltruetrueMsLiberatha Peter Kallat06849062Executive DirectorChairperson related to PromoterMD1976-02-02falseActiveNA2014-03-212021-02-191020MrMukesh YadavAAMPY1998H01105819Non-Executive - Non Independent DirectorNot Applicable1971-08-15falseActiveNA2011-01-022021-11-221021MrDinesh Nagpal01105914Non-Executive - Non Independent DirectorNot Applicable1966-04-15falseActiveNA2011-01-022021-11-221000MrBalaji SrinivasanAMJPS7283G03512187Executive DirectorNot Applicable1976-10-27falseActiveNA2021-09-022021-10-191010MrRavindra Pandey07188637Non-Executive - Independent DirectorNot Applicable1962-06-03falseActiveNA2023-11-282023-11-2816.033363MsPrerna KohliACLPK9915F03463093Non-Executive - Independent DirectorNot Applicable1965-12-21falseActiveNA2023-11-282023-11-2816.031110MsMonica Widhani07674403Non-Executive - Independent DirectorNot Applicable1959-01-18falseActiveNA2024-09-062024-09-066.255583MrSunil KulkarniAAFPK0181K02714177Non-Executive - Independent DirectorNot Applicable1963-11-15falseActiveNA2024-11-212024-11-214.13331truetruetruetruetrueAudit Committee07188637Ravindra PandeyNon-Executive - Independent DirectorChairperson2023-11-30Audit Committee03463093Prerna KohliNon-Executive - Independent DirectorMember2023-11-30Audit Committee07674403Monica WidhaniNon-Executive - Independent DirectorMember2024-12-03Audit Committee02714177Sunil KulkarniNon-Executive - Independent DirectorMember2024-12-03Audit Committee01105819Mukesh YadavNon-Executive - Non Independent DirectorMember2021-11-30Audit Committee06849062Liberatha Peter KallatExecutive DirectorMember2023-11-30Nomination and remuneration committee07674403Monica WidhaniNon-Executive - Independent DirectorChairperson2024-12-03Nomination and remuneration committee02714177Sunil KulkarniNon-Executive - Independent DirectorMember2024-12-03Nomination and remuneration committee01105819Mukesh YadavNon-Executive - Non Independent DirectorMember2021-11-30Stakeholders Relationship Committee01105819Mukesh YadavNon-Executive - Non Independent DirectorChairperson2021-11-30Stakeholders Relationship Committee02714177Sunil KulkarniNon-Executive - Independent DirectorMember2024-12-03Stakeholders Relationship Committee06849062Liberatha Peter KallatExecutive DirectorMember2021-11-30Stakeholders Relationship Committee03512187Balaji SrinivasanExecutive DirectorMember2023-11-30Risk Management Committee06849062Liberatha Peter KallatExecutive DirectorChairperson2021-11-30Risk Management Committee07674403Monica WidhaniNon-Executive - Independent DirectorMember2024-12-03Risk Management Committee01105819Mukesh YadavNon-Executive - Non Independent DirectorMember2021-11-30Risk Management Committee03512187Balaji SrinivasanExecutive DirectorMember2023-11-30Risk Management Committee99999999Giya DiwaanChief Financial OfficerMember2021-11-302025-02-14Ms. Giya Diwaan, was the Chief Financial Officer of the Company and was also the Member of Risk Management Committee & for the purpose of validation of this sheet dummy DIN i.e. 99999999 is entered.Corporate Social Responsibility Committee01105914Dinesh NagpalNon-Executive - Non Independent DirectorChairperson2021-11-30Corporate Social Responsibility Committee07674403Monica WidhaniNon-Executive - Independent DirectorMember2024-12-03Corporate Social Responsibility Committee03463093Prerna KohliNon-Executive - Independent DirectorMember2023-11-30Corporate Social Responsibility Committee06849062Liberatha Peter KallatExecutive DirectorMember2021-11-302024-11-08true9842024-11-2011true9732025-02-0778true8842025-02-146true884Audit Committee2024-11-08true6640Audit Committee2024-11-2011true6530Audit Committee2025-02-0778true6640Audit Committee2025-03-2747true6640Nomination and remuneration committee2024-11-20true3320Risk Management Committee2025-03-27126true4410Stakeholders Relationship Committee2025-03-27true4410truetruetruetrueYestruetruetrueThe Corporate Governance Report/ Integrated Governance Report for (previous) quarter ended on December 31, 2024 was placed before the Board of Directors at its meeting held on February 07, 2025. There were no comments / observations / advice of the Board of Directors on the said report.Harshit GuptaCompany Secretary and Compliance OfficerYeshttps://www.dreamfolks.com/about-us.htmlYeshttps://s3.ap-south-1.amazonaws.com/df.imagesv1/website-content/MOA-AOA_Dreamfolks_06.09.2023.pdfYeshttps://www.dreamfolks.com/corporate-governance.html#tab-1Yeshttps://www.dreamfolks.com/files/policy/TERMSA-2_.pdfYeshttps://www.dreamfolks.com/corporate-governance.html#tab-3Yeshttps://www.dreamfolks.com/files/policy/CODEOF-2_.pdfYeshttps://www.dreamfolks.com/files/policy/Policy-on-Vigil-Mechanism_Dreamfolks-Services-Limited_v1.10.pdfYeshttps://www.dreamfolks.com/files/policy/nomination_and_remuneration_policy.pdfYeshttps://s3.ap-south-1.amazonaws.com/df.imagesv1/website-content/Policy-on-Related-Party-Transactions_Dreamfolks-Services-Limited.pdfYeshttps://s3.ap-south-1.amazonaws.com/df.imagesv1/website-content/Policy-for-determining-material-subsidiaries.pdfYeshttps://s3.ap-south-1.amazonaws.com/df.imagesv1/website-content/Familiarization-Programme-Independent-Directors.pdfYeshttps://www.dreamfolks.com/investor-contact.htmlYeshttps://www.dreamfolks.com/investor-contact.htmlYeshttps://www.dreamfolks.com/results-and-reports.html#tab-1 https://www.dreamfolks.com/results-and-reports.html#tab-5Yeshttps://www.dreamfolks.com/company-announcements.html#tab-9NAYeshttps://www.dreamfolks.com/company-announcements.html#tab-10 https://www.dreamfolks.com/results-and-reports.html#tab-2Yeshttps://www.dreamfolks.com/results-and-reports.html#tab-3NAYeshttps://www.dreamfolks.com/company-announcements.html#tab-5Yeshttps://www.dreamfolks.com/investor-information.html#tab-2Yeshttps://www.dreamfolks.com/results-and-reports.html#tab-7Yeshttps://www.dreamfolks.com/company-announcements.html#tab-8Yeshttps://s3.ap-south-1.amazonaws.com/df.imagesv1/website-content/Policy-on-Materiality-of-Information-and-Events_Dreamfolks-Services-Limited.pdfYeshttps://s3.ap-south-1.amazonaws.com/df.imagesv1/website-content/Materiality-Information-and-Events_Dreamfolks-17apr25.pdfYeshttps://www.dreamfolks.com/company-announcements.html#tab-1NAYeshttps://www.dreamfolks.com/files/policy/Dividend-Distribution-policy.pdfYeshttps://www.dreamfolks.com/results-and-reports.html#tab-6Yeshttps://s3.ap-south-1.amazonaws.com/df.imagesv1/website-content/Scheme-document-framed-in-terms-of-SEBI-Share-Based-Employee-Benefits-and-Sweat-Equity-Regulations-2021-apr2025.pdfYeshttps://www.dreamfolks.com/disclosure-under-regulation-46.htmlYeshttps://www.dreamfolks.com/disclosure-under-regulation-46.htmlYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesNAYesNAYesYesYesYesYesYesNAYesYesYesNAYesHarshit GuptaCompany Secretary and Compliance OfficerYesHarshit GuptaCompany Secretary and Compliance OfficerfalseHarshit GuptaCompany Secretary and Compliance OfficerGurugram2025-04-3000000National Stock Exchange of India LimitedThe National Stock Exchange of India Limited had imposed fine on the Company w.r.t. Alleged non compliance w.r.t. the Regulations 18(1), 19(1)/19(2), 20(2)/(2A) and 21(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.The National Stock Exchange of India Limited (NSE), had imposed a fine of INR 28320/- inclusive of 18% GST.2025-03-17The National Stock Exchange of India Limited had imposed fine on the Company w.r.t. Alleged non compliance w.r.t. the Regulations 18(1), 19(1)/19(2), 20(2)/(2A) and 21(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Though the Company has filed with the designated stock exchange, an application for waiver of fine, stating all the relevant facts and the statutory provisions at the time of alleged non compliance, explicating that no non-compliance had occured. Further, as on the date of filing this report, no further communication(s) of any nature, from either of the stock exchange is received to the Company.No material ImpactBSE LimitedThe BSE Limited had imposed fine on the Company w.r.t. Alleged non compliance w.r.t. the Regulations 18(1), 19(1)/19(2), 20(2)/(2A) and 21(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.The Bombay Stock Exchnage Limited (BSE), had imposed a fine of INR 28320/- inclusive of 18% GST.2025-03-17The BSE Limited had imposed fine on the Company w.r.t. Alleged non compliance w.r.t. the Regulations 18(1), 19(1)/19(2), 20(2)/(2A) and 21(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Though the Company has filed with the designated stock exchange, an application for waiver of fine, stating all the relevant facts and due adherence of the requirements in context of the statutory provisions at the time of alleged non compliance, explicating that no non-compliance had occured. Further, as on the date of filing this report, no further communication(s) of any nature, from either of the stock exchange is received to the Company.No material ImpactAssisstant Commissioner of State Tax, West Bengal2023-12-29The Company has received an order imposing of tax demand of Rs. 1,09,22,309 /- plus applicable interest and penalty of Rs. 1,13,00,550.04/- and 10,92,230.90/- respectively under applicable provisions of IGST Act, 2017 for the Financial Year 2017-18. The alleged demand pertains to violation of the provisions or alleged to be committed of place of supply in section 12(3) of IGST Act, 2017 during the financial year 2017-18.The Company has filed as appeal with Appeallate Authority which was rejected by the Appeallate Authority by an order dated 25-03-2025. Company did not envisages any relevant impact on financials, operations or other activities of the Company. The Company is evaluating options for filing an further appeal to Tribunal against the Order passed by Appeallate Tribunal.Deputy Commissioner of State Tax, West Bengal2024-04-08Company has received an order imposing of tax demand of Rs. 2,28,23,497.88 /- plus applicable penalty of Rs.22,82,349.80/- under applicable provisions of IGST Act, 2017 for the Financial Year 2018-19. The alleged demand pertains to violation of the provisions or alleged to be committed of place of supply in section 12(3) of IGST Act, 2017 during the financial year 2018-19. The Company has filed an Appeal against the order on 07-07-2024. Its hearings was attended on 18-11-2024, during which the case was discussed on its merits with the Appellate Authority and pending with Appellate authority for further course of action.No further communication has been received as of yet. The Company did not envisages any relevant impact on financials, operations or other activities of the Company.Deputy Commissioner of State Tax, West Bengal2024-08-27The Company has received an order imposing of tax demand of Rs. 4,36,86,048.32 /- plus applicable penalty of Rs.43,68,604.32/- under applicable provisions of IGST Act, 2017 for the Financial Year 2019-20. The alleged demand pertains to violation of the provisions or alleged to be committed of place of supply in section 12(3) of IGST Act, 2017 during the financial year 2019-20. The Company has filed an Appeal against the order on 27-11-2024. The Company did not envisages any relevant impact on financials, operations or other activities of the Company.Appeared before Appeallate authority on 03-03-2025, but heraing was not taken up stating that there is a change in Appeallate Authority and Fresh notice of hearing will be issued.Assistant Commissioner, Division -VI CGST & Central Excise, Mumbai East Commissionerate2024-08-31The Company has received an Order imposing of demand of Rs. 1,35,09,720 /- plus applicable interest and penalty of Rs.13,50,972/-under provisions of applicable GST Law(s) for the Financial Year 2019-20. The Order has been passed by the GST Authority on the contention that the Company has wrongly availed the Input Tax Credit (ITC) and ineligible availment of ITC is liable to be recovered under the applicable provisions of CGST Act,2017 read with MGST Act,2017 read with IGST Act,2017. Company did not envisage any relevant impact on financials, operations or other activities of the Company. The Company has filed an Appeal against the order on 27-11-2024.No further communication has been received as of yet.Deputy Commissioner of State Tax, West Bengal2025-01-21The Company has received an order dated 21-01-2025 imposing of tax demand of Rs. 93,71,232.90 /- plus applicable penalty of Rs.9,37,123.30/- under applicable provisions of IGST Act, 2017 for the Financial Year 2020-21. The alleged demand pertains to violation of the provisions or alleged to be committed of place of supply in section 12(3) of IGST Act, 2017 during the financial year 2020-21.The Company did not envisages any relevant impact on financials, operations or other activities of the Company.Company has filed an appeal on 21st April 2025