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The investment was under a group captive policy. The shares are not yet aquired and hence, the said annexure is not applicable.truetruetrueTop 2000 listed entitiestruee00130OriginalNumbers of membership also includes number of Chairmanship. Further, Membership/Chairmanship of listed and unlisted public Companies are included. The Names of Directors are provided as per PAN. truefalseMrAnant Jaivant Talaulicar******00031051Non-Executive - Independent DirectorChairperson1961-07-11falseActiveNA2019-11-212024-11-21675472MsPadmini Sekhsaria******00046486Non-Executive - Non Independent DirectorNot Applicable1975-09-06falseActiveNA2019-02-262019-02-261000MrRajendra Prabhakar Chitale******00015986Non-Executive - Independent DirectorNot Applicable1961-04-10falseActiveNA2019-01-232024-01-23772222MrAlok Mahinder Nanda******02149755Non-Executive - Independent DirectorNot Applicable1960-07-14falseActiveNA2019-01-232024-01-23771111MrAshok Kumar Barat******00492930Non-Executive - Independent DirectorNot Applicable1956-12-05falseActiveNA2024-03-192024-03-1915.137785MsBijal Ajinkya******01976832Non-Executive - Independent DirectorNot Applicable1976-07-22falseActiveNA2024-03-192024-03-1915.134450MrRajesh Joshi******08855031Executive DirectorNot ApplicableCEO-MD1970-01-22falseActiveNA2020-09-012023-09-011020The Company does not fall under the Top 1000 Companies as per market capitalization as on December 31, 2024. However, due to Regulation 3(2A) of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015, the Company is complying with the provisions of constitution of Risk Management Committee.truetruetruetruetrueAudit Committee00015986Rajendra Prabhakar ChitaleNon-Executive - Independent DirectorChairperson2019-04-10Audit Committee00031051Anant Jaivant TalaulicarNon-Executive - Independent DirectorMember2019-12-06Audit Committee00492930Ashok Kumar BaratNon-Executive - Independent DirectorMember2024-04-01Audit Committee08855031Rajesh JoshiExecutive DirectorMember2024-10-01Nomination and remuneration committee00492930Ashok Kumar BaratNon-Executive - Independent DirectorChairperson2024-04-01Nomination and remuneration committee00046486Padmini SekhsariaNon-Executive - Non Independent DirectorMember2019-04-10Nomination and remuneration committee00031051Anant Jaivant TalaulicarNon-Executive - Independent DirectorMember2019-12-06Nomination and remuneration committee01976832Bijal AjinkyaNon-Executive - Independent DirectorMember2024-10-01Stakeholders Relationship Committee02149755Alok Mahinder NandaNon-Executive - Independent DirectorChairperson2024-10-01Stakeholders Relationship Committee00031051Anant Jaivant TalaulicarNon-Executive - Independent DirectorMember2024-04-01Stakeholders Relationship Committee08855031Rajesh JoshiExecutive DirectorMember2020-09-01Risk Management Committee00492930Ashok Kumar BaratNon-Executive - Independent DirectorChairperson2024-04-01Risk Management Committee00015986Rajendra Prabhakar ChitaleNon-Executive - Independent DirectorMember2021-05-28Risk Management Committee00031051Anant Jaivant TalaulicarNon-Executive - Independent DirectorMember2021-05-28Risk Management Committee08855031Rajesh JoshiExecutive DirectorMember2021-05-28Corporate Social Responsibility Committee00031051Anant Jaivant TalaulicarNon-Executive - Independent DirectorChairperson2021-05-28Corporate Social Responsibility Committee00046486Padmini SekhsariaNon-Executive - Non Independent DirectorMember2019-04-10Corporate Social Responsibility Committee02149755Alok Mahinder NandaNon-Executive - Independent DirectorMember2019-02-28Corporate Social Responsibility Committee08855031Rajesh JoshiExecutive DirectorMember2020-09-012025-02-04true7752025-04-0155true7752025-05-1947true7642025-06-0213true7652025-06-1613true753The previous meeting of Risk Management Committee was held on October 23, 2024 and gap between two consecutive RMC meetings (October 23, 2024 & May 6, 2025) was 194 days (i.e within the prescribed limit of 210 days).Audit Committee2025-02-04true4430Audit Committee2025-05-19103true4430Nomination and remuneration committee2025-05-19true4430Nomination and remuneration committee2025-06-1627true4320Risk Management Committee2025-05-06true4430Corporate Social Responsibility Committee2025-02-03true4420Corporate Social Responsibility Committee2025-05-1398true4420truetruetruetrueYestruetruetrueAmruta AvasareCompany Secretary and Compliance OfficerfalseAmruta AvasareCompany Secretary and Compliance OfficerMumbai2025-07-2300000As per LODR, the disclosure of fine or penalty imposed during the quarter June 30, 2025 which are lower than the monetary threshold limit specified in LODR are reported in this quarterly Corporate Governance Report.Deputy Commissioner of State Tax, NashikShow Cause Notice was issued under Section 73 (1) of the CGST Act, 2017, the MGST Act, 2017; u/s. 20 of the IGST Act, 2017 & u/s. 9 & 11 of the GST (Compensation to States) Act, 2017 R-W sec. 73 of the CGST Act, 2017. Penalty of Rs. 40,000 /- was imposed for Excess ITC claimed in GSTR 3B compared to GSTR 2A2025-06-17Penalty under section 73(9) of CGST Act, 2017There is no material impact on financials, operations or other activities of the Company.The State Goods and Services Tax (SGST) Department, Government of India2025-05-30The Show Cause Notice raises the following major concerns: a)Excess ITC claimed in GSTR 3B as compared with GSTR 2A b) Difference in Tax amount as compared with GSTR 1 & Outward E-Way Bill. c) Difference in GSTR 2A as compared with Inward E-Way Bill d) Short Payment of GST Liability after adjustment of Debit and Credit Note in GSTR 1 e) Short payment of GST due to difference between Tax shown in GSTR -9 and value of Tax in GSTR 3B. The GST Department has raised objections as stated above by the Company for the financial Year 2018- 19, amounting to Rs. Tax demand – Rs. 2,58,31,923/-, Interest under section 50 – Rs. 3,09,95,848/-, Penalty – Rs. 2,58,31,923/-. Total Rs. 8,26,59,694/-Reply filed on 30th June 2025 and awaiting for the appropriate order to be passed by the authorityThe Central Goods and Services Tax (GGST) Department, Government of India2025-06-25The Show Cause Notice raises the following major concerns: a) Excess ITC claimed in GSTR 3B as compared with GSTR 2A b) Availed ineligible /Block ITC. c) Short GST paid under RCM. d) Short Payment of GST Liability when compared with GSTR 1 e) Short payment of GST due to difference between Tax shown in GSTR -9 and value of Tax in GSTR 3B The GST Department has raised objections as stated above for the financial years 2018-19 to 2022-23, amounting to Total Demand of Rs. 2,11,47,871/- (Tax demand – Rs. 2,11,30,112/- Interest under section 50 – Rs. 17,759/-).Reply filed on 27th June 2025 and awaiting for the appropriate order to be passed by the authorityThe Central Goods and Services Tax (GGST) Department, Government of India2025-06-26The Show Cause Notice raises the following major concerns: a)Excess ITC claimed in GSTR 3B as compared with GSTR 2A /2B The GST Department has raised objections as stated above by the Company for the financial Year 2018-19, 2020-21 & 2023-24, the total demand for which amounts to Rs.1,05,27,121/- (Tax Demand Rs. 63,85,585/- + Penalty of Rs. 41,41,536/- under Section 74 & Section 122 of CGST / UK GST Act – 2017).Reply will be filed before the due date as provided in the noticeAdditional Commissioner CGST, Range–V, Roorkee, Dehradun2025-02-04The details of important allegations in the order under GST Act are as follows: a) ITC wrongly availed through Tran-1 in respect of Cenvat Credit balance pertaining to exemption period under Notification No. 50/2003 dated 10.06.2003 b) Short payment of GST due to difference between taxable turnover shown in GSTR -9/9C and value of taxable supplies in GSTR 3B c) Non reversal of ITC on account of Insurance claim received due to damage happened to the chimney used for boiler d) Non-filers of Return GSTR 3B by Vendors e)Wrong availment of ITC on repairs and maintenance services used in building etc.Appeal filed before Appeallte Authority on 30th April 2025 against the order passed by Additional Commissioner CGST