5114732025-04-012025-06-305114732025-06-305114732025-04-012025-06-30CompositionOfBoardOfDirectors15114732025-06-30CompositionOfBoardOfDirectors15114732025-04-012025-06-30CompositionOfBoardOfDirectors25114732025-06-30CompositionOfBoardOfDirectors25114732025-04-012025-06-30CompositionOfBoardOfDirectors35114732025-06-30CompositionOfBoardOfDirectors35114732025-04-012025-06-30CompositionOfBoardOfDirectors45114732025-06-30CompositionOfBoardOfDirectors45114732025-04-012025-06-30CompositionOfBoardOfDirectors55114732025-06-30CompositionOfBoardOfDirectors55114732025-04-012025-06-30CompositionOfBoardOfDirectors65114732025-06-30CompositionOfBoardOfDirectors65114732025-04-012025-06-30CompositionOfBoardOfDirectors75114732025-06-30CompositionOfBoardOfDirectors75114732025-04-012025-06-30CompositionOfCommittees145114732025-06-30CompositionOfCommittees145114732025-04-012025-06-30CompositionOfCommittees155114732025-06-30CompositionOfCommittees155114732025-04-012025-06-30CompositionOfCommittees165114732025-06-30CompositionOfCommittees165114732025-04-012025-06-30CompositionOfCommittees175114732025-06-30CompositionOfCommittees175114732025-04-012025-06-30CompositionOfCommittees185114732025-06-30CompositionOfCommittees185114732025-04-012025-06-30CompositionOfCommittees415114732025-06-30CompositionOfCommittees415114732025-04-012025-06-30CompositionOfCommittees425114732025-06-30CompositionOfCommittees425114732025-04-012025-06-30CompositionOfCommittees435114732025-06-30CompositionOfCommittees435114732025-04-012025-06-30CompositionOfCommittees445114732025-06-30CompositionOfCommittees445114732025-04-012025-06-30CompositionOfCommittees455114732025-06-30CompositionOfCommittees455114732025-04-012025-06-30CompositionOfCommittees685114732025-06-30CompositionOfCommittees685114732025-04-012025-06-30CompositionOfCommittees695114732025-06-30CompositionOfCommittees695114732025-04-012025-06-30CompositionOfCommittees705114732025-06-30CompositionOfCommittees705114732025-06-30MeetingOfBoardOfDirectors15114732025-04-012025-06-30MeetingOfBoardOfDirectors15114732025-06-30MeetingOfBoardOfDirectors25114732025-04-012025-06-30MeetingOfBoardOfDirectors25114732025-06-30MeetingOfBoardOfDirectors35114732025-04-012025-06-30MeetingOfBoardOfDirectors35114732025-04-012025-06-30MeetingOfCommittees15114732025-06-30MeetingOfCommittees15114732025-04-012025-06-30MeetingOfCommittees25114732025-06-30MeetingOfCommittees25114732025-04-012025-06-30MeetingOfCommittees35114732025-06-30MeetingOfCommittees35114732025-04-012025-06-30MeetingOfCommittees45114732025-06-30MeetingOfCommittees45114732025-04-012025-06-30MeetingOfCommittees55114732025-06-30MeetingOfCommittees55114732025-04-012025-06-30MeetingOfCommittees65114732025-06-30MeetingOfCommittees65114732025-04-012025-06-30MeetingOfCommittees75114732025-06-30MeetingOfCommittees75114732025-04-012025-06-30MeetingOfCommittees85114732025-06-30MeetingOfCommittees85114732025-04-012025-06-30MeetingOfCommittees95114732025-06-30MeetingOfCommittees95114732025-04-012025-06-30MeetingOfCommittees105114732025-06-30MeetingOfCommittees105114732025-03-315114732025-06-30OngoingTaxLitigationsOrDisputesDomain15114732025-06-30OngoingTaxLitigationsOrDisputesDomain25114732025-06-30OngoingTaxLitigationsOrDisputesDomain35114732025-06-30OngoingTaxLitigationsOrDisputesDomain45114732025-06-30OngoingTaxLitigationsOrDisputesDomain55114732025-06-30OngoingTaxLitigationsOrDisputesDomain65114732025-06-30OngoingTaxLitigationsOrDisputesDomain75114732025-06-30OngoingTaxLitigationsOrDisputesDomain85114732025-06-30OngoingTaxLitigationsOrDisputesDomain95114732025-06-30OngoingTaxLitigationsOrDisputesDomain10xbrli:pure511473INDBANKNOTLISTEDINE841B01017Indbank Merchant Banking Services Limited2025-04-012026-03-31Quarterly2025-06-30EquitytruetruefalseThe company has not made any recent investments in unquoted shares. Howeve, the company had invested in unquoted shares prior to theyear 2000, amounting to Rs.759.48 lakhs. The full amount has beenprovided for, in the company's books.falseThe Company has not paid any penalty for the quarter ended 30.06.2025truefalseTop 2000 listed entitiestrue100050OriginalThe Company does not have a regular Chair and as per the Company's Articles of Association, thedirector nominated by the Holding Entity is appointed as the chair of the Board and General Meetings.Accordingly, Shri Ashutosh Choudhury, Director, who was nominated by Indian Bank (the HoldingEntity), was elected to chair the Board Meetings. Therefore, he is marked as Chairman of the Board ofDirectors.falsefalseMrAshutosh Choudhury******09245804Non-Executive - Nominee DirectorChairperson1975-09-04falseActiveNA2024-06-202024-06-20122010MrVaijinath Gavarshetty******08502484Non-Executive - Independent DirectorNot Applicable1958-06-18falseActiveNA2019-07-192024-09-1992201MrV Haribabu******09523733Executive - Nominee DirectorNot Applicable1967-07-20falseActiveNA2022-02-282022-02-28402020MrSunil Jain******09665264Non-Executive - Nominee DirectorNot Applicable1972-12-13falseActiveNA2022-07-222022-07-22352030MrDevinder Kumar Singla******01430327Non-Executive - Independent DirectorNot Applicable1965-08-05falseActiveNA2024-03-222024-03-22152230MrV.A. Prasanth******07583586Non-Executive - Independent DirectorNot Applicable1959-03-12falseActiveNA2024-08-172024-08-17101110MrsPadma R******09112490Non-Executive - Independent DirectorNot Applicable1957-05-04falseActiveNA2024-08-172024-08-17102222truetruetrueAudit Committee08502484Vaijinath GavarshettyNon-Executive - Independent DirectorChairperson2024-10-21Audit Committee09665264Sunil JainNon-Executive - Nominee DirectorMember2022-07-22Audit Committee01430327Devinder Kumar SinglaNon-Executive - Independent DirectorMember2024-03-22Audit Committee07583586V.A. PrasanthNon-Executive - Independent DirectorMember2024-08-17Audit Committee09112490Padma RNon-Executive - Independent DirectorMember2024-08-17Nomination and remuneration committee01430327Devinder Kumar SinglaNon-Executive - Independent DirectorChairperson2024-10-21Nomination and remuneration committee08502484Vaijinath GavarshettyNon-Executive - Independent DirectorMember2019-07-19Nomination and remuneration committee09665264Sunil JainNon-Executive - Nominee DirectorMember2022-07-22Nomination and remuneration committee07583586V.A. PrasanthNon-Executive - Independent DirectorMember2024-08-17Nomination and remuneration committee09112490Padma RNon-Executive - Independent DirectorMember2024-08-17Stakeholders Relationship Committee09112490Padma RNon-Executive - Independent DirectorChairperson2024-10-21Stakeholders Relationship Committee09523733V HaribabuExecutive - Nominee DirectorMember2022-02-28Stakeholders Relationship Committee09665264Sunil JainNon-Executive - Nominee DirectorMember2022-07-222025-01-21true7742025-03-2865true7742025-04-2426true774Audit Committee2025-01-21true5540Audit Committee2025-02-1019true5430Audit Committee2025-03-2744true5540Audit Committee2025-04-2427true5540Stakeholders Relationship Committee2025-01-10true3310Stakeholders Relationship Committee2025-01-27true3310Stakeholders Relationship Committee2025-02-14true3310Stakeholders Relationship Committee2025-04-03true3310Stakeholders Relationship Committee2025-05-12true3310Stakeholders Relationship Committee2025-06-06true3310truetruetruetrueNAtruetruetrueChitra MACompany Secretary and Compliance OfficerfalseChitra MACompany Secretary and Compliance OfficerChennai2025-07-1001100GSTAuthority-Tamilnadu State2024-05-18Disputed Amt.-11.15 Lakhs (a) Excess Input tax credit taken with respect to non-business transactions and exempt supplies (b) Under declaration of ineligible ITC, the company received notice from GST authorities on 18.05.2024. As it is apparent on record that there is no excess input or under declaration of ITC, as claimed by the authorities and the amounts does not warrant any reversal, a detailed reply has been submitted for the same on 14.06.2024 in consultation with our GST auditors. The department vide its order dated 29.08.2024 dropped point (b) and retainedpoint no.(a) for want of additional supporting documents to substantiate our claims and allowed us to file an appeal before the Appellate Deputy Commissioner (ST)(GST), Chennai- II, within 90 days on receipt of this order. The company on13.11.2024 has filed an appeal with above authority with all required supporting documents in consultation with our GST auditors and the same is under consideration by the department.No Change since last disclosureGSTAuthority-Tamilnadu State2024-11-26Disputed Amt.-17.89 Lakhs (a) Excess Input tax credit taken with respect to non-business transactions and exempt supplies (b) Under declaration of ineligible ITC (c) ITC Claimed on Supplier who failed to file GSTR-3B and did not pay tax on the invoices declared in GSTR-01. The company received notice from GST authorities on 26.11.2024. As it is apparent on record that there is no excess input or underdeclaration of ITC, as claimed by the authorities and the amounts does not warrantany reversal, a detailed reply has been submitted for the same on 26.12.2024 inconsultation with our GST auditors. The company has remitted this amount to the GST authorities and have taken up with vendors for refund of the GST collected and not remitted by them.GST issued an assessment order dated 27.02.2025 for FY 2020-21 wherein they have dropped all observations except for ITC taken for two parties which is not reflected in 2A. But on verification at our end we find that the parties have remitted GST and the same is getting reflected in 2A. The Company in consultation with GST consultants have submitted a reply on 27.05.2025 enclosing the screen shots of GSTR 3B filed by the parties which precedes the date of order of the department i.e. 27.02.2025. Therefore, it is a mistake apparent on record for which we have requested for rectification of the order under Section 161 and delete the demand. The department has rejected the rectification request vide their order dated 23.06.2025 and as per this order the Company has the option to appeal against to the Deputy Commissioner (ST) Appeal (GST –II Appeal), Chennai under section 107(2) of the CGST Act’2017 read with Rule 109(1) of the TNGST Rules 2017 within 3 months from the date of the order. We have requested our GST consultants for filing the appeal within the stipulated date.Income Tax Act, 19612015-03-31Disputed Amt.- 115.02 Lakhs for AY 1992-93. Appeal made by the Company w.r.t to the deduction in respect of dividend income u/s 80M r.w.s. 80AA of the Act and Income Tax Appellate Tribunal has issued an order allowing the appeal and remitting the matter for recomputing. Department is yet to give effect to this.No Change since last disclosureIncome Tax Act, 19612013-01-31Disputed Amt- 617.47 Lakhs for AY 2007-08. The Company had claimed an Exemption u/s 10(38) ofRs.1317.24 lakhs. The Company appealed to CIT(Appeals) which passed a decisionin favour of the Company but later set aside by Income Tax Appellate Tribunal. The Company has filed an appeal with the High court of Madras on 03.09.2012 and same is still pending before the High Court.No Change since last disclosureIncome Tax Act, 19612013-01-31Disputed Amt-1129.05 Lakhs for AY 2008-09. The Company had claimed an Exemption u/s 10(38) ofRs.3826.05 lakhs. The Company appealed to CIT(Appeals) which passed a decisionin favour of the Company but later set aside by Income Tax Appellate Tribunal. TheCompany has filed an appeal with the High court of Madras on 03.09.2012 and sameis still pending before the High Court.No Change since last disclosureIncome Tax Act, 19612018-12-11Disputed Amt- 96.27 Lakhs for AY 2009-10. The Company had claimed an Exemption u/s 10(38) ofRs.478.28 lakhs. The Company appealed to CIT(Appeals) which passed a decision infavour of the Company but later set aside by Income Tax Appellate Tribunal. TheCompany has filed an appeal with the High court of Madras on 03.09.2012 and same is still pending before the High Court.No Change since last disclosureIncome Tax Act, 19612016-09-30Disputed Amt- 24.81 Lakhs for AY 2014-15. The Company filed a Petition for Rectification ofAssessment under section 154 on 26.12.2016 for various mistakes apparent on record in the assessment order. The department is yet to rectify the same and re-issue the Assessment order.No Change since last disclosureSales Tax and VAT Laws2013-03-18Disputed Amt- 14.20 lakhs for AY 1998-99. State preferred an appeal before The Tamil Nadu Sales Tax Appellate Tribunal (Additional Bench) Chennai against the order of Appellate Deputy Commissioner (CT)-I (FAC) which was in the Company’s favour. Tribunal remanded the matter back to Assessing Officer vide orders dated 13.12.2017. The Assessing Officer is yet to respond for the same.No Change since last disclosureSales Tax and VATLaws2013-03-18Disputed Amt.- 12.05 Lakhs for AY 1995-96. State preferred an appeal before The Tamil Nadu Sales Tax Appellate Tribunal (Additional Bench) Chennai against the order of Appellate Deputy Commissioner (CT)-I (FAC) which was in the Company’s favour. Tribunal remanded the matter back to Assessing Officer vide orders dated 13.12.2017. The Assessing Officer is yet to respond for the same.No Change since last disclosureGSTAuthority-Tamilnadu State2025-01-07disclosure was not applicable as it was below the materiality thresholds.No Change since last disclosure