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WIRE INDUSTRIES LIMITED2025-04-012026-03-31Yearly2026-03-31EquitytruetruefalseThere is no acquistion of shares or voting rights in unlisted companies made during the quarterfalseThere is no fine or penalty imposed on the Company during the quartertruefalseThere is no Loans/ Guarantees/ Comfort Letters/ Securities given by the listed Compan during the quartertrueTop 1000 listed entitiestrueCOMB00715OriginalShri Arun Gupta is the Chairman as well as Promoter of the company, he is categorised as Chairman related to Promoter in XBRL filing.truetrueMrARUN GUPTA******00255850Executive DirectorChairperson related to Promoter1958-04-16falseActiveNA1985-12-112023-08-251000MrPRANAV BANSAL******06648163Executive DirectorNot ApplicableCEO-MD1995-04-27falseActiveNA2018-02-202023-08-251000MrUMESH KUMAR GUPTA******06579602Executive DirectorNot Applicable1966-06-02falseActiveNA2022-06-162023-10-171010MrPIYUSH TIWARI******07194427Non-Executive - Independent DirectorNot Applicable1965-06-02falseActiveNo2024-10-232024-10-23171100MrSATISH PRAKASH AGGARWAL******08778242Non-Executive - Independent DirectorNot Applicable1948-02-02falseActiveYes2025-05-152020-07-132025-07-13681122MrsSUNITA BINDAL******02154275Non-Executive - Independent DirectorNot Applicable1971-04-03falseActiveNo2023-11-242023-11-24281120MrsRITU BANSAL******10391113Non-Executive - Independent DirectorNot Applicable1986-11-23falseActiveNo2023-11-242023-11-24281110truetruetruetruetrueAudit Committee08778242SATISH PRAKASH AGGARWALNon-Executive - Independent DirectorChairperson2020-07-20Audit Committee02154275SUNITA BINDALNon-Executive - Independent DirectorMember2023-12-01Audit Committee10391113RITU BANSALNon-Executive - Independent DirectorMember2024-10-23Nomination and remuneration committee08778242SATISH PRAKASH AGGARWALNon-Executive - Independent DirectorChairperson2020-07-20Nomination and remuneration committee02154275SUNITA BINDALNon-Executive - Independent DirectorMember2023-12-01Nomination and remuneration committee10391113RITU BANSALNon-Executive - Independent DirectorMember2024-10-23Stakeholders Relationship Committee08778242SATISH PRAKASH AGGARWALNon-Executive - Independent DirectorChairperson2023-10-17Stakeholders Relationship Committee02154275SUNITA BINDALNon-Executive - Independent DirectorMember2024-10-23Stakeholders Relationship Committee06579602UMESH KUMAR GUPTAExecutive DirectorMember2023-10-17Risk Management Committee08778242SATISH PRAKASH AGGARWALNon-Executive - Independent DirectorChairperson2023-10-17Risk Management Committee02154275SUNITA BINDALNon-Executive - Independent DirectorMember2024-10-23Risk Management Committee06579602UMESH KUMAR GUPTAExecutive DirectorMember2023-10-17Corporate Social Responsibility Committee08778242SATISH PRAKASH AGGARWALNon-Executive - Independent DirectorChairperson2020-07-20Corporate Social Responsibility Committee02154275SUNITA BINDALNon-Executive - Independent DirectorMember2024-10-23Corporate Social Responsibility Committee06579602UMESH KUMAR GUPTAExecutive DirectorMember2023-10-17Other Committee00255850ARUN GUPTABANKING AND FINANCE COMMITTEEExecutive DirectorChairpersonOther Committee06648163PRANAV BANSALBANKING AND FINANCE COMMITTEEExecutive DirectorMemberOther Committee06579602UMESH KUMAR GUPTABANKING AND FINANCE COMMITTEEExecutive DirectorMember2025-11-04true7642026-01-1975true774Audit Committee2025-11-04true3330Audit Committee2026-01-1975true3330Audit Committee2026-03-3170true3330Nomination and remuneration committee2026-03-31true3330Stakeholders Relationship Committee2026-03-31true3320Risk Management Committee2026-02-21true3320Risk Management Committee2026-03-2834true3320Other Committee2025-11-10BANKING AND FINANCE COMMITTEEtrue3300Other Committee2025-12-1534BANKING AND FINANCE COMMITTEEtrue3300Other Committee2025-12-2913BANKING AND FINANCE COMMITTEEDue to a clerical error, the date of the Banking and Finance Committee meeting held on December 29, 2025, was inadvertently omitted from the Integrated Corporate Governance Report for the quarter ended December 31, 2025. The same has now been duly incorporated into this report.true3300Other Committee2026-02-0638BANKING AND FINANCE COMMITTEEtrue3300Other Committee2026-03-0324BANKING AND FINANCE COMMITTEEtrue3300Corporate Social Responsibility Committee2025-11-03true3210Corporate Social Responsibility Committee2026-01-1976true3320Corporate Social Responsibility Committee2026-03-3170true3320truetruetruetrueYestruetruetrueSumit GuptaCompany Secretary and Compliance OfficerYeshttps://bansalwire.com/Yeshttps://bansalwire.com/wp-content/uploads/2025/01/Memorandum-of-Association-and-Articles-of-Association-of-the-Company.pdfYeshttps://bansalwire.com/our-management/Yeshttps://bansalwire.com/wp-content/uploads/2024/07/Terms-and-conditions-of-appointment-of-independent-directors.pdfYeshttps://bansalwire.com/wp-content/uploads/2024/11/Composition-of-Committee.pdfYeshttps://bansalwire.com/wp-content/uploads/2024/09/Code-of-conduct-of-Board-of-Directors-and-Senior-Management-Personnel.pdfYeshttps://bansalwire.com/wp-content/uploads/2025/08/Vigil-Mechanism-Policy.pdfYeshttps://bansalwire.com/wp-content/uploads/2024/09/criteria-of-making-payments-to-non-executive-directors.pdfYeshttps://bansalwire.com/wp-content/uploads/2025/05/Policy-on-Materiality-and-dealing-with-the-Related-Party-Transaction.pdfYeshttps://bansalwire.com/wp-content/uploads/2024/07/Policy-on-Material-Subsidiary.pdfYeshttps://bansalwire.com/wp-content/uploads/2026/02/Familiarization-Priogramme_2024-25-1.pdfYeshttps://bansalwire.com/wp-content/uploads/2025/07/The-email-address-for-grievance-redressal-and-other-relevant-details.pdfYeshttps://bansalwire.com/wp-content/uploads/2025/07/Contact-information-of-the-designated-official-of-the-listed-entity-who-are-responsible-for-assisting-and-handling-investor-grievances..pdfYeshttps://bansalwire.com/outcome-of-board-meeting-held-on-july-31-2024/Yeshttps://bansalwire.com/share-holding-pattern/Yeshttps://bansalwire.com/details-of-agreements-entered-into-with-the-media-companies/Yeshttps://bansalwire.com/bwil-exchange-intimation-earnings-call-invite/Yeshttps://bansalwire.com/earnings-call-transcript-audio/NAYeshttps://bansalwire.com/newspaper-advertisment-pursuant-to-regulation-47-of-sebi-listing-obligations-and-disclosure-requirements-regulations-2015/Yeshttps://bansalwire.com/credit-ratings/Yeshttps://bansalwire.com/audited-financial-statements-of-subsidiary/Yeshttps://bansalwire.com/secretarial-compliance-report/Yeshttps://bansalwire.com/wp-content/uploads/2024/07/Policy-on-Determination-and-Disclosure-of-Materiality-of-Events-and-Information.pdfYeshttps://bansalwire.com/wp-content/uploads/2025/05/Disclosure-of-Contact-details-of-Key-Managerial-Personnel.pdfYeshttps://bansalwire.com/intimation-under-regulation-308/Yeshttps://bansalwire.com/statement-of-deviations-or-variations-as-specified-in-regulation-32/Yeshttps://bansalwire.com/wp-content/uploads/2024/09/Dividend-Distribution-Policy.pdfYeshttps://bansalwire.com/annual-return/NAYeshttps://bansalwire.com/disclosure-under-regulation-462-of-sebi-lodr/Yeshttps://bansalwire.com/disclosure-under-regulation-462-of-sebi-lodr/YesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesYesSumit GuptaCompany Secretary and Compliance OfficerYesSumit GuptaCompany Secretary and Compliance OfficerfalseSumit GuptaCompany Secretary and Compliance OfficerDelhi2026-04-2800000Income Tax Department2017-02-20As disclosed in the prospectus, Tax demand of Rs 56.77 million is outstanding towards Bansal Steel & Power Limited (Wholly Owned Subsidiary of Bansal Wire Industries Limited) pertaining to the period prior to its acquisition through CIRP process vide NCLT order dated December 04, 2018. A petition has already been filed with the High Court seeking to quash all dues prior to NCLT order and is hopeful of a favorable outcome and does not expect the said demand order to have any negative impact or create any obligation on the Company, its subsidiary or its promoters in this regard.In writ petition Case No. 6855 High Court already quashed the demand and we are waiting for signed copy of order.Income Tax Department2019-12-22As disclosed in the Prospectus, Tax demand of Rs 21.37 million along with the interest of Rs 10.68 million is outstanding towards Bansal Steel & Power Limited (Wholly Owned Subsidiary of Bansal Wire Industries Limited) pertaining to the period prior to its acquisition through CIRP process vide NCLT order dated December 04, 2018. A petition has already been filed with the High Court to quash all dues prior to NCLT order and is hopeful of a favorable outcome and does not expect the said demand order to have any negative impact or create any obligation on the Company, its subsidiary or its promoters in this regard.NCLT, Delhi has already pronounced the order dated 04th February 2020 that all statutory demand received Prior to CIRP period and after approval of the Resolution plan which has been implemented to great extent can not be modified. These unfair claimed denied by the adjudicating authority but the Income Tax Department has passed the order dated March 30, 2026, levying a penalty of Rs. 173.27 million under Income Tax Act, 1961 violating the order passed by Adjudicating authority, hence these demand are not sustainable and will be quashed by the high court violating the Article 226 of constitution.Meanwhile the High Court has already given stay order on the demand of panalty.In the same Case No. 6855 High Court already quashed the demand and we are waiting for signed copy of order.Excise and Taxation Commissioner (Appeal) Rohtak, Haryana2025-02-20The Bansal Steel & Power Limited (WOS) of the Company received a GST Notice in Form GST DRC-07 imposing a penalty of Rs. 50,99,895/- under Section 74 of the GST Act, 2017 along with tax liability of Rs. 57,77,896/- and interest of Rs. 89,94,666 pertaining to the financial year 2017-18. However the Company has received a rectification demand of Rs. 16,88,804/- on which GST liability has been reduced to NIL and interest has been demanded.There is no update and Case is pending before Delhi High CourtJoint Commisioner, SGST, Corporate Circle-I, Ghaziabad Zone-I, GST2025-06-25Bansal Wire Industries received a Show Cause Notice under Section 74 of the SGST/CGST Act, 2017 for FY 2018–19 regarding e-way bill issues, excess/blocked ITC, and non-payment of tax on RODTEP license sales. The Company received an order dated November 7, 2025, the tax liability was significantly reduced from Rs. 1,26,93,62,711 to Rs. 63,52,999.06 resulting in a reduction in Tax liability for FY 2018-19. The amount of Rs. 63,52,999.06 consists of Tax of Rs. 19,37,343.06 and balance amount is of interest and penalty. The Company has filed an appeal against the said order on January 17, 2026.The Company received an order dated February 09, 2026 against the appeal filed by Company on January 17, 2026, pursuant to which the tax liability has been reduced from Rs. 63,52,999 to Nil. Consequently, no tax, interest, or penalty is payable. Further, the said matter has been closedJoint Commisioner, SGST, Corporate Circle-I, Ghaziabad Zone-I, GST2025-09-29Bansal Wire Industries received a Show Cause Notice (SCN) from the Joint Commissioner, SGST, Corporate Circle-I, Ghaziabad Zone-I, under Section 74 of the SGST/CGST Act, 2017 for FY 2019–20, pertaining to e-way bill issues, availment of blocked and excess ITC, and non-payment of tax on sale of RODTEP licenses. Pursuant to the order dated November 15, 2025, the tax authority revised the liability, reducing the amount payable from Rs. 45,09,03,552 to Rs. 69,38,979. The Company has filed an appeal against the said order on February 03, 2026The Company received an order dated February 18, 2026, against the appeal filed by the Company on February 03, 2026, pursuant to which the tax liability has been reduced from Rs. 69,38,980 to Nil. Consequently, no tax, interest, or penalty is payable. Further, the said matter has been closed.Joint Commissioner, SGST, Corporate Circle, Ghaziabad (A) Uttar Pradesh2025-11-04The Company received a Show Cause Notice (SCN) under Section 74 of the SGST/CGST Act, 2017 for FY 2021–22, pertaining to e-way bill issues, availment of blocked and excess ITC, and non-payment of tax on sale of RODTEP licenses. The Company believes that the tax, interest, and penalty as alleged should not be levied. Pursuant to the order dated December 5, 2025, the tax authority revised the liability, reducing the demand from Rs. 99,61,62,919 to Rs. 92,90,111. The Company has filed an appeal against the said order on February 14, 2026The Company received an order dated March 09, 2026 against the said appeal filed on February 14, 2026, pursuant to which the tax liability has been reduced from Rs. 92,90,111 to Nil. Consequently, no tax, interest, or penalty is payable. Further, the said matter has been closed.Joint Commissioner, SGST, Corporate Circle-I, Ghaziabad Zone-I, Uttar Pradesh2025-12-01The Company received a Show Cause Notice (SCN) under Section 74 of the SGST/CGST Act, 2017 for FY 2020–21, pertaining to e-way bill issues, availment of blocked and excess ITC, and non-payment of tax on sale of RODTEP licenses. Pursuant to the order dated December 8, 2025, the tax authority revised the liability, reducing the demand from Rs. 2,02,77,39,778 to Rs. 1,01,31,786. The Company has filed the appeal on February 06, 2026 against the said order.The Company received an order dated February 18, 2026 against the said appeal filed by the Company on February 06, 2026, pursuant to which the tax liability has been reduced from Rs. 1,01,31,786 to Nil. Consequently, no tax, interest, or penalty is payable. Further, the said matter has been closed.Joint Commissioner, SGST, Corporate Circle-I, Ghaziabad Zone-I, Uttar Pradesh2025-12-10The Company received a Show Cause Notice (SCN) under Section 74 of the SGST/CGST Act, 2017 for FY 2022–23, pertaining to e-way bill issues, availment of blocked and excess ITC, and non-payment of tax on sale of RODTEP licenses. Pursuant to the order dated December 15, 2025, the tax authority revised the liability, reducing the demand from Rs. 9,88,42,664 to Rs. 82,75,849. The Company has filed appeal against the said order on February 14, 2026The Company received an order dated March 05, 2026 against the said appeal filed by Company on February 14, 2026, pursuant to which the tax liability has been reduced from Rs. 82,75,848 to Nil. Consequently, no tax, interest, or penalty is payable. Further, the said matter has been closed.Joint Commissioner, SGST, Corporate Circle-I, Ghaziabad Zone-I2025-12-21On December 21, 2025, Company has received a Show Cause Notice (‘SCN’), issued by Joint Commissioner, SGST, Corporate Circle-I, Ghaziabad Zone-I, Uttar Pradesh. The SCN is issued under Section 74 of SGST/ CGST Act, 2017 pertaining to FY-23-24 in connection with issues involving, availment of blocked and excess ITC, non-payment of tax on sale of RODTEP license. Pursuant to the order dated January 08, 2026, the tax authority revised the liability, reducing the demand from Rs.6,69,72,462/- to Rs. 39,87,711/- The Company has filed appeal against the said order as on March 16, 2026. There is no update and Case is pending before Appellate Authority.