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INDUSTRIES LIMITED2024-04-012025-03-31Yearly2025-03-31EquitytruetruefalseThe disclosure requirement related to the acquisition of shares or voting rights in unlisted companies is not applicable to the company for the quarter ended March 31, 2025, as the company has not made any investments in unlisted companies during this period.truetruefalseThe disclosure requirement related to the loans / guarantees/ comfort letter / Secuties Etc is not applicable the during quarterfalseTop 2000 listed entitiestrue v00127OriginaltruetrueMrVivek Venkatswamy Gaddam00011684Non-Executive - Non Independent DirectorChairperson related to Promoter1958-11-30falseActiveNA1981-06-181010MrsSaroja GaddamAFSPG1566L00012994Executive DirectorNot ApplicableMD1965-11-26falseActiveNA2003-01-282024-10-241030MrGaddam Vamsi Krishna03544943Executive DirectorNot Applicable1989-02-10falseActiveNA2014-06-012022-05-061000MrPruthvidhar Rao JADQPJ4351A03575950Executive DirectorNot Applicable1959-05-20falseActiveNA2015-05-072023-05-261000MrGusti Jall Noria00015561Non-Executive - Non Independent DirectorNot Applicable1957-10-14falseActiveNA2024-04-012024-04-011000MrSrikar Palem ReddyAAJPR9128H00001401Non-Executive - Independent DirectorNot Applicable1958-05-30falseActiveNA2015-07-252020-07-25116.073140MrAppnender Babu Gogineni00034681Non-Executive - Independent DirectorNot Applicable1958-01-20falseActiveNA2020-05-262020-05-2658.061111MrsVanitha DatlaACGPD0278B00480422Non-Executive - Independent DirectorNot Applicable1967-11-30falseActiveNA2020-05-262020-05-2658.062232MrSanjay Vijay Singh Jesrani 02306916Non-Executive - Independent DirectorNot Applicable1965-05-25falseActiveNA2024-04-012024-04-01122231Mr Pravin ChelluriAFYPC3545B10568107Non-Executive - Independent DirectorNot Applicable1983-11-24falseActiveNA2024-04-012024-04-01121110truetruetruetrueAudit Committee00480422Vanitha DatlaNon-Executive - Independent DirectorChairperson2021-04-01Audit Committee00001401Srikar Palem ReddyNon-Executive - Independent DirectorMember2021-04-01Audit Committee02306916Sanjay Vijay Singh Jesrani Non-Executive - Independent DirectorMember2024-05-15Audit Committee00012994Saroja GaddamExecutive DirectorMember2006-04-25Nomination and remuneration committee00001401Srikar Palem ReddyNon-Executive - Independent DirectorChairperson2021-04-01Nomination and remuneration committee00034681Appnender Babu GogineniNon-Executive - Independent DirectorMember2021-04-01Nomination and remuneration committee10568107 Pravin ChelluriNon-Executive - Independent DirectorMember2024-05-15Nomination and remuneration committee00011684Vivek Venkatswamy GaddamNon-Executive - Non Independent DirectorMember2024-04-01Stakeholders Relationship Committee00034681Appnender Babu GogineniNon-Executive - Independent DirectorChairperson2021-04-01Stakeholders Relationship Committee10568107 Pravin ChelluriNon-Executive - Independent DirectorMember2024-05-15Stakeholders Relationship Committee00011684Vivek Venkatswamy GaddamNon-Executive - Non Independent DirectorMember2000-03-31Stakeholders Relationship Committee00012994Saroja GaddamExecutive DirectorMember2009-10-26Risk Management Committee00480422Vanitha DatlaNon-Executive - Independent DirectorChairperson2021-07-26Risk Management Committee00034681Appnender Babu GogineniNon-Executive - Independent DirectorMember2024-04-01Risk Management Committee02306916Sanjay Vijay Singh Jesrani Non-Executive - Independent DirectorMember2024-05-15Risk Management Committee03544943Gaddam Vamsi KrishnaExecutive DirectorMember2021-04-01Corporate Social Responsibility Committee00015561Gusti Jall NoriaNon-Executive - Non Independent DirectorChairperson2024-05-15Corporate Social Responsibility Committee00034681Appnender Babu GogineniNon-Executive - Independent DirectorMember2021-04-01Corporate Social Responsibility Committee00011684Vivek Venkatswamy GaddamNon-Executive - Non Independent DirectorMember2014-05-24Corporate Social Responsibility Committee00012994Saroja GaddamExecutive DirectorMember2014-05-242024-11-12true101052025-02-1493true101052025-03-2639true10105Audit Committee2024-11-12true4436Audit Committee2025-02-1493true4434Audit Committee2025-03-2639true4431Nomination and remuneration committee2024-05-15true3331Nomination and remuneration committee2025-02-14274true4431Nomination and remuneration committee2025-03-2639true4431truetruetruetrueNAtruetruetrueAs per the list released by stock exchange our company does not fall under the top 1000 listed entities based on market capitsalization as on 31st March, 2025, so the provisions of Regulation 21 of SEBI (LODR) for a Risk Management Committee are not applicable. However, the company has voluntarily constitiuted the committee.Ramakanth KunapuliCompany Secretary and Compliance OfficerYeshttps://visaka.co/investors/business_detailsYeshttps://visaka.co/assets/website/files/investors/MOA_and_AOA_Viasaka.pdfYeshttps://visaka.co/about/management_boardYeshttps://visaka.co/assets/website/files/investors/VIL-DRAFT-LETTER-OF-APPOINTMENT.pdfYeshttps://visaka.co/assets/website/files/investors/Compositon_of_Committees_15052024.pdfYeshttps://visaka.co/assets/website/files/investors/VIL-Code-of-Conduct-Directors.pdfYeshttps://visaka.co/assets/website/files/investors/Vigil-Mechanism-Whistle-Blower-Policy.pdfYes/https://visaka.co/assets/website/files/investors/nomination-remuneration-policy.pdfYes/https://visaka.co/assets/website/files/investors/Related-Party-Transactions-Policy.pdfNAYeshttps://visaka.co/investors/terms_conditions_familiarization/tcf_familiYeshttps://visaka.co/investors/grievanceYeshttps://visaka.co/assets/website/files/investors/contact-details.pdfYeshttps://visaka.co/investors/financial_information/fn_resultsYeshttps://visaka.co/investors/shareholding_patternYeshttps://visaka.co/doaYeshttps://visaka.co/investors/analysts_investors_meetYeshttps://visaka.co/investors/analysts_investors_meetYeshttps://visaka.co/noaYeshttps://visaka.co/investors/adv_newspaperYeshttps://visaka.co/investors/credit_rating_infoYeshttps://visaka.co/investors/financial_information/fn_subcomfinYeshttps://visaka.co/investors/sec_com_repYeshttps://visaka.co/assets/website/files/investors/policy-on-determination-of-materiality-of-the-event.pdfYeshttps://visaka.co/investors/info_und_reg/iur_kmpYeshttps://visaka.co/assets/website/files/investors/Archival-Policy.pdfNAYes/https://visaka.co/assets/website/files/investors/Dividend_Distribution_Policy.pdfYeshttps://visaka.co/investors/financial_information/fn_annual_reportsNAYeshttps://visaka.co/investorsYeshttps://visaka.co/investorsYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesNAYesNAYesNAYesYesYesYesYesYesNAYesYesYesNANARAMAKANTH KUNAPULICompany Secretary and Compliance OfficerNoRAMAKANTH KUNAPULICompany Secretary and Compliance OfficerfalseRAMAKANTH KUNAPULICompany Secretary and Compliance OfficerHYDERABAD2025-04-2800000Deputy Director of Factories-puneShow cause Notice2025-03-17Show cause notice received for non compliance of certain provision of Maharashtra Factories Rules 1963 VIZ, 1. Factory layout not in conformity with the approved plan (contravention of Rule 4(2)). 2. Ventilation systems not tested/examined and no register maintained (contravention of Clause 5(1) and (2) of Schedule XVII of Rule 114). 3. The monitoring of asbestos fibre concentration in the air was not carried out at least once in every shift, and the results were not recorded in the prescribed register. (contravention of Clause 17 of Schedule XVII of Rule 114).Company is responding to the show cause notice and expecting no impact.State Tax Officer, Intelligence Division, SGST, Salem, Tamil Nadu2024-10-16NAOrder received for the year 2022-23 under Section 74 of TNGST/CGST Act, 2017 with the demand of Tax Rs. 1.63 Lacs, Interest Rs. 0.44 Lacs and Penalty Rs. 2.48 Lacs due to disallowance of input tax credit availed. There is no material impact on financials. The company has filed an appeal and pending before the Appellate Authority, Salem, Tamil Nadu as the input tax credit is properly availed as per the ITC provisions under GST Act, 2017.State Tax Officer, Intelligence Division, SGST, Salem, Tamil Nadu2024-10-16NAOrder received for the year 2021-22 under Section 74 of TNGST/CGST Act, 2017 with the demand of Tax Rs. 0.56 Lacs, Interest Rs. 0.25 Lacs and Penalty Rs. 0.95 Lacs due to disallowance of input tax credit availed. There is no material impact on financials. The company has filed an appeal and pending before the Appellate Authority, Salem, Tamil Nadu as the input tax credit is properly availed as per the ITC provisions under GST Act, 2017. as the input tax credit is properly availed as per the ITC provisions under GST Act, 2017.State Tax Officer, Intelligence Division, SGST, Salem, Tamil Nadu2024-10-16NAOrder received for the year 2019-20 under Section 74 of TNGST/CGST Act, 2017 with the demand of Tax Rs. 16.79 Lacs, Interest Rs. 13.57 Lacs and Penalty Rs. 17.19 Lacs due to disallowance of input tax credit availed. There is no material impact on financials. The company has filed an appeal and pending before the Appellate Authority, Salem, Tamil Nadu as the input tax credit is properly availed as per the ITC provisions under GST Act, 2017. as the input tax credit is properly availed as per the ITC provisions under GST Act, 2017.State Tax Officer, Intelligence Division, SGST, Salem, Tamil Nadu2024-10-16NAOrder received for the year 2018-19 under Section 74 of TNGST/CGST Act, 2017 with the demand of Tax Rs. 32.57 Lacs, Interest Rs. 32.18 Lacs and Penalty Rs. 32.97 Lacs due to disallowance of input tax credit availed. There is no material impact on financials. The company has filed an appeal and pending before the Appellate Authority, Salem, Tamil Nadu as the input tax credit is properly availed as per the ITC provisions under GST Act, 2017.State Tax Officer, Intelligence Division, SGST, Salem, Tamil Nadu2024-10-10NAOrder received for the year 2020-21 under Section 74 of TNGST/CGST Act, 2017 with the demand of Tax Rs. 14.09 Lacs, Interest Rs. 8.79 Lacs and Penalty Rs. 14.50 Lacs due to disallowance of input tax credit availed. There is no material impact on financials. The company has filed an appeal and pending before the Appellate Authority, Salem, Tamil Nadu as the input tax credit is properly availed as per the ITC provisions under GST Act, 2017.Assistant Commissioner of State Tax, SGST, Namakkal, Tamil Nadu2024-08-22NAOrder received for the year 2019-20 under Section 73 of TNGST/CGST Act, 2017 with the demand of Tax Rs.28.68 Lacs, Interest Rs.28.50 Lacs and Penalty Rs. 2.87 Lacs due to disallowance of ITC. There is no material impact on financials. The company has filed an appeal and pending before the Appellate Authority, Salem, Tamil Nadu as the input tax credit is properly availed as per the ITC provisions under GST Act, 2017. credit is properly availed as per the ITC provisions under GST Act, 2017.Assistant Commissioner of State Tax, SGST, Namakkal, Tamil Nadu2024-05-12NAOrder received for the year 2017-18 under Section 74 of TNGST/CGST Act, 2017 with the demand of Tax Rs.18.03 Lacs, Interest Rs.10.67 Lacs and Penalty Rs. 17.23 Lacs due to disallowance of ITC.There is no material impact on financials. The company has filed an appeal and pending before the Appellate Authority, Salem, Tamil Nadu as the input tax credit is properly availed as per the ITC provisions under GST Act, 2017. credit is properly availed as per the ITC provisions under GST Act, 2017.State Tax Officer, Intelligence Division, SGST, Salem, Tamil Nadu2023-12-28NAOrder received for the year 2017-18 under Section 74 of TNGST/CGST Act, 2017 with the demand of Tax Rs.7.86 Lacs, Interest Rs.8.11 Lacs and Penalty Rs. 7.86 Lacs due to liability under reverse charge mechanism. There is no material impact on financials as the liability under reverse charge mechanism discharged properly as per the RCM provisions under CGST Act, 2017.Assistant Commissioner of State Tax, SGST, Patna, Bihar2023-05-18NAOrder received for the year 2018-19 under Section 73 of CGST/BGST Act, 2017 with the demand of Tax Rs.5.70 Lacs, Interest Rs.4.23 Lacs and Penalty Rs. 0.66 Lacs due to disallowance of Input Tax Credit availed. The company made provision partially amounting to Rs.5.12 Lacs out of total demand of Rs. 10.59 Lacs as there is no material financial impact for the balance demand amount of Rs.5.47 Lacs and no contravention as per CGST/BGST Act, 2017 involved. The Company preferred to file appeal before Tribunal (in abeyance, waiting for constitutinalisation of Tribunal).Commissioner of GST & Customs (Appeals), Guntur, A.P2022-03-31NAThe Company has received the Order for the period Nov'10, Dec'10 & Nov'14 to Jan'17 pertains to demand of refunds already sanctioned towards Excise duty on provisional assessment amounting to Rs.86.54 Lacs by invoking Section 11A of Central Excise Act, 1944. There is no material impact on financials due to the issue pertains to demand of refunds already sanctioned contrary to statutory provisions and settled judicial decisions. The company has filed appeal and pending before the CESTAT, Hyderbad.Assistant Commissioner of CGST & Central Excise, Nagpur, Maharastra2021-06-11NAThe Company has received the Demand Order for the period Jul'05 to Oct'06 imposing Service Tax Rs. 2.21 Lacs under Section 75 of Finance Act, 1994 & Penalty Rs. 2.20 Lacs on disallowance of ITC under rule 15 of CENVAT Credit Rules 2004 read with Section 11AC of the Central Excise Act, 1944. There is no material impact on the financials as the principal tax amount was already paid and hence the invoking Penalty and Interest is contrary to statutory provisions and judicial decisions. The company has filed an appeal and pending before the CESTAT, Mumbai.Assistant Commissioner of CGST & Central Excise, Nagpur, Maharastra2021-06-11NAThe Company has received the Demand Order for the period Nov'06 to Jan'07 imposing Penalty Rs. 41.69 Lacs on disallowance of ITC under rule 15 of CENVAT Credit Rules 2004 read with Section 11AC of the Central Excise Act, 1944. There is no material impact on the financials as the principal tax amount was paid and hence the invoking Penalty is contrary to statutory provisions and judicial decisions. The company has filed an appeal and pending before the CESTAT, MumbaiAssistant Commissioner of CGST & Central Excise, Nagpur, Maharastra2021-04-01NAThe Company has received the Demand Order for the period Apr'06 to Feb'07 that pertains to Service Tax Rs.5.83 Lacs under section 73(2) of the Finance Act, 1994 read with the Section 11(A) & Section 11(AB) of Central Excise Act, 1944 in respect of payment of service tax under reverse charge mechanism & imposed Interest in Rs.3.73 Lacs under Section 75 of Finance Act, 1994 & Penalty in Rs. 3.73 Lacs under Section 76 of the Finance Act, 1994. There is no material impact on the financials due to the same issue already decided in favor of the Company by various appellate Authorities / Tribunal. The company has filed an appeal and pending before the CESTAT, Mumbai.Deputy Commissioner of State Tax, Raibareily, Uttar Pradesh2019-12-27NAOrder received for the period Apr to Jun'17 from Appellate authority with the demand of VAT Rs. 71.31 Lacs due to dispute in turnover. There is no material impact on financials. Filing of appeal is under process before the Tribunal, Lucknow, U.P as we have discharged VAT properly as per VAT Act, 2008Deputy Commissioner of State Tax, Raibareily, Uttar Pradesh2019-12-27NAOrder received for the period Apr to Jun'17 from Appellate authority with the demand of CST Rs. 1.02 Lacs due to dispute in turnover. There is no material impact on financials. Filing of appeal is under process before the Tribunal, Lucknow, U.P as we have discharged CST properly as per CST Act, 1956Assistant Commissioner of Central Excise, Tumkur, Karnataka2017-05-29NAThe Company has received the Order for the period Mar'06 to Mar'08 & Dec'12 to Nov'15 pertains to demand of refunds already sanctioned towards Excise duty on provisional assessment amounting to Rs.62.15 Lacs by invoking Section 11A of Central Excise Act, 1944. There is no material impact on financials due to the issue pertains to demand of refunds already sanctioned contrary to statutory provisions and settled judicial decisions. The company has filed appeal and pending before the CESTAT, Bangalore.Deputy Commissioner of Sales Tax, Bhubaneshwar, Odisha2012-08-01NAOrder received for the period Oct'09 to Mar'11 from Appellate authority with the demand of VAT Rs. 10.32 Lacs and Penalty Rs. 20.65 Lacs due to disallowance of net depot breakages. The company made provision against demanded amount by filing appeal. There is no material impact on financial. Appeal is pending before theTribunal, Cuttack as the VAT discharged properly as per VAT Act, 2004.Deputy Commissioner of Sales Tax, Bhubaneshwar, Odisha2012-08-01NAOrder received for the period Oct'09 to Mar'11 from Appellate authority with the demand of Entry Tax Rs. 7.13 Lacs and Penalty Rs. 14.25 Lacs due to variance in taxable value. The company made provision against demanded amount by filing appeal. There is no material impact on financial. Appeal is pending before theTribunal, Cuttack as the Entry Tax dischared properly as per Orissa Entry Tax Act, 1999.