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MATERIAL TECHNOLOGIES LIMITED2025-04-012026-03-31Half Yearly2025-09-30EquitytruetruefalseDuring the quarter company has not acquired any shares or voting rights aggregating to five percent or more of shares or voting rights in an unlisted company and any change in holding from the last disclosure made under this proviso exceeding two percent of the total shareholding or voting rights in the said unlisted company .falseDuring the quarter, no fines or penalties were imposed in accordance with sub-para 20 of para A of Part A of Schedule IIItruefalseDuring the quarter, the Company neither given any Loans / guarantees / comfort letters / securities etc to the Promoter and Promoter Group, Directors and KMP including their relatives nor availed any any Loans / guarantees / comfort letters / securities etc from above mentioned persons.falseTop 2000 listed entitiestruec00085OriginaltruetrueMrSameer Vinod Shah******00105721Executive DirectorChairperson related to PromoterMD1960-02-16falseActiveNA2000-01-102025-08-141020MrNirmal Vinod Shah******00083853Non-Executive - Non Independent DirectorNot Applicable1971-11-18falseActiveNA2000-01-102025-08-141031MrJayesh Prabhulal Shah******00138346Non-Executive - Independent DirectorNot Applicable1958-06-02falseActiveNA2024-05-2516.061111MrsGorsi Atul Parekh******00343194Non-Executive - Independent DirectorNot Applicable1965-08-12falseActiveNA2025-03-226.091132MrMayank Pradyumna Shah******01655046Non-Executive - Independent DirectorNot Applicable1953-03-27falseActiveNA2025-03-226.091110MrJaywant Keshavrao Tawade******08231696Executive DirectorNot Applicable1949-10-03falseActiveNA2025-05-311000MrKamal Dev Tandon******09664746Non-Executive - Independent DirectorNot Applicable1963-04-27falseActiveNA2025-07-162.151111truetruetruetrueAudit Committee00138346Jayesh Prabhulal ShahNon-Executive - Independent DirectorChairperson2024-08-08Audit Committee00105721Sameer Vinod ShahExecutive DirectorMember2025-03-22Audit Committee01655046Mayank Pradyumna ShahNon-Executive - Independent DirectorMember2025-03-22Nomination and remuneration committee00343194Gorsi Atul ParekhNon-Executive - Independent DirectorChairperson2025-03-22Nomination and remuneration committee00138346Jayesh Prabhulal ShahNon-Executive - Independent DirectorMember2025-03-22Nomination and remuneration committee01655046Mayank Pradyumna ShahNon-Executive - Independent DirectorMember2025-05-302025-07-25Mr. Mayank Pradyumna Shah ceased to be a member of the Nomination and Remuneration Committee following the reconstitution of the committee at the Board Meeting held on July 25, 2025Nomination and remuneration committee09664746Kamal Dev TandonNon-Executive - Independent DirectorMember2025-07-25Stakeholders Relationship Committee00138346Jayesh Prabhulal ShahNon-Executive - Independent DirectorChairperson2025-03-222025-07-25Following the reconstitution of the Stakeholders' Relationship Committee on July 25, 2025, Mr. Jayesh Shah ceased to be Member and Chairman, Mr. Mayank Shah ceased to be a Member, and Mrs. Gorsi Parekh was inducted as a Member of the CommitteeStakeholders Relationship Committee00105721Sameer Vinod ShahExecutive DirectorMember2002-01-29Stakeholders Relationship Committee01655046Mayank Pradyumna ShahNon-Executive - Independent DirectorMember2025-03-222025-07-25Stakeholders Relationship Committee09664746Kamal Dev TandonNon-Executive - Independent DirectorChairperson2025-07-25Stakeholders Relationship Committee00343194Gorsi Atul ParekhNon-Executive - Independent DirectorMember2025-07-25Risk Management Committee00105721Sameer Vinod ShahExecutive DirectorChairperson2019-02-022025-07-25Pursuant to the reconstitution of the Risk Management Committee on July 25, 2025, the following changes have taken place in the composition of the Committee: Mr. Sameer V. Shah ceased to be the Chairman but continues as a Member of the Committee; Mr. Jayesh P. Shah ceased to be a Member of the Committee; Mr. Mayank P. Shah has been appointed as the Chairperson and Member of the Committee; Mr. Kamal D. Tanodn has been appointed as a Member of the Committee.Risk Management Committee00138346Jayesh Prabhulal ShahNon-Executive - Independent DirectorMember2024-08-082025-07-25Risk Management Committee08231696Jaywant Keshavrao TawadeExecutive DirectorMember2025-05-31Risk Management Committee00105721Sameer Vinod ShahExecutive DirectorMember2019-02-02Risk Management Committee01655046Mayank Pradyumna ShahNon-Executive - Independent DirectorChairperson2025-07-25Risk Management Committee09664746Kamal Dev TandonNon-Executive - Independent DirectorMember2025-07-25Corporate Social Responsibility Committee00343194Gorsi Atul ParekhNon-Executive - Independent DirectorChairperson2025-03-22Corporate Social Responsibility Committee00105721Sameer Vinod ShahExecutive DirectorMember2015-02-14Corporate Social Responsibility Committee01655046Mayank Pradyumna ShahNon-Executive - Independent DirectorMember2025-03-222025-04-24true7632025-05-2429true6632025-05-305true6632025-07-2555true763Audit Committee2025-05-24true3320Audit Committee2025-05-305true3320Audit Committee2025-07-2555true3320Stakeholders Relationship Committee2025-05-24true3320Stakeholders Relationship Committee2025-07-2561true3320Nomination and remuneration committee2025-05-30true3320Corporate Social Responsibility Committee2025-05-30true3320truetruetruetrueNAtruetruetrueSuchita SinghCompany Secretary and Compliance OfficerYesYesYesYesYesYesYesYesSuchita SinghCompany Secretary and Compliance OfficerfalseSuchita SinghCompany Secretary and Compliance OfficerNavi Mumbai2025-10-2400000Assistant Commissioner of CGST and Central Excise2020-06-22Ineligible Cenvat Credit amounting to ₹17.39 lakhs and short payment of Service Tax amounting to ₹1.09 lakhsAwaiting for final orderJoint Commissioner of CGST, Raigad Audit2020-06-26Excess utilization of Cenvat Credit on common input service in much higher proprtion to Turnover of provision of service.Filed an appeal with the High CourtJoint Commissioner of CGST, Raigad Audit2020-06-26Wrong availment of Cenvat Credit on input services that are not utilized in the provision of output servicesFiled an appeal with the High CourtJoint Commissioner of CGST, Raigad Audit2020-10-05Non-reversal of Cenvat Credit for exempted services, specifically in the context of trading in securitiesAppeal rejected by Commissioner of CGST, Central ExciseIncome Tax Department2012-12-23Interest on Income taxPending for RectificationIncome Tax Department2017-03-25Outstanding Income Tax - Disagree with the demand and a response was submitted on 27.02.2020.Pending for RectificationIncome Tax Department2009-12-20Rectification filed for granting short credit of TDS amounting to ₹4,61,214/-, and the refund for AY 2009-10 has been adjusted against the said demand to the extent of ₹5,63,946/-Pending for RectificationIncome Tax Department2020-06-05Rs. 3,87,79,081/- O/s demand against which application for rectification is filed before Income tax Auhtority.Order received in Favor and demand stands nullifiedIncome Tax Department2009-07-24Rs. 10,32,427/- Credit of S.A. tax and DDT not given in asst order. Rectification letter filed before Income Tax Authority.Order received in Favor and demand stands nullifiedGST Department2024-10-191,78,48,016/- GST dues on sale of LandWrit Petition filed before High Court