VALIANTLAB2026-04-012026-06-30VALIANTLAB2026-06-30VALIANTLAB2026-04-012026-06-30CompositionOfBoardOfDirectors1VALIANTLAB2026-06-30CompositionOfBoardOfDirectors1VALIANTLAB2026-04-012026-06-30CompositionOfBoardOfDirectors2VALIANTLAB2026-06-30CompositionOfBoardOfDirectors2VALIANTLAB2026-04-012026-06-30CompositionOfBoardOfDirectors3VALIANTLAB2026-06-30CompositionOfBoardOfDirectors3VALIANTLAB2026-04-012026-06-30CompositionOfBoardOfDirectors4VALIANTLAB2026-06-30CompositionOfBoardOfDirectors4VALIANTLAB2026-04-012026-06-30CompositionOfBoardOfDirectors5VALIANTLAB2026-06-30CompositionOfBoardOfDirectors5VALIANTLAB2026-04-012026-06-30CompositionOfBoardOfDirectors6VALIANTLAB2026-06-30CompositionOfBoardOfDirectors6VALIANTLAB2026-04-012026-06-30CompositionOfBoardOfDirectors7VALIANTLAB2026-06-30CompositionOfBoardOfDirectors7VALIANTLAB2026-04-012026-06-30CompositionOfCommittees14VALIANTLAB2026-06-30CompositionOfCommittees14VALIANTLAB2026-04-012026-06-30CompositionOfCommittees15VALIANTLAB2026-06-30CompositionOfCommittees15VALIANTLAB2026-04-012026-06-30CompositionOfCommittees16VALIANTLAB2026-06-30CompositionOfCommittees16VALIANTLAB2026-04-012026-06-30CompositionOfCommittees17VALIANTLAB2026-06-30CompositionOfCommittees17VALIANTLAB2026-04-012026-06-30CompositionOfCommittees41VALIANTLAB2026-06-30CompositionOfCommittees41VALIANTLAB2026-04-012026-06-30CompositionOfCommittees42VALIANTLAB2026-06-30CompositionOfCommittees42VALIANTLAB2026-04-012026-06-30CompositionOfCommittees43VALIANTLAB2026-06-30CompositionOfCommittees43VALIANTLAB2026-04-012026-06-30CompositionOfCommittees68VALIANTLAB2026-06-30CompositionOfCommittees68VALIANTLAB2026-04-012026-06-30CompositionOfCommittees69VALIANTLAB2026-06-30CompositionOfCommittees69VALIANTLAB2026-04-012026-06-30CompositionOfCommittees70VALIANTLAB2026-06-30CompositionOfCommittees70VALIANTLAB2026-04-012026-06-30CompositionOfCommittees95VALIANTLAB2026-06-30CompositionOfCommittees95VALIANTLAB2026-04-012026-06-30CompositionOfCommittees96VALIANTLAB2026-06-30CompositionOfCommittees96VALIANTLAB2026-04-012026-06-30CompositionOfCommittees97VALIANTLAB2026-06-30CompositionOfCommittees97VALIANTLAB2026-04-012026-06-30CompositionOfCommittees98VALIANTLAB2026-06-30CompositionOfCommittees98VALIANTLAB2026-04-012026-06-30CompositionOfCommittees122VALIANTLAB2026-06-30CompositionOfCommittees122VALIANTLAB2026-04-012026-06-30CompositionOfCommittees123VALIANTLAB2026-06-30CompositionOfCommittees123VALIANTLAB2026-04-012026-06-30CompositionOfCommittees124VALIANTLAB2026-06-30CompositionOfCommittees124VALIANTLAB2026-04-012026-06-30CompositionOfCommittees149VALIANTLAB2026-04-012026-06-30CompositionOfCommittees150VALIANTLAB2026-04-012026-06-30CompositionOfCommittees151VALIANTLAB2026-06-30MeetingOfBoardOfDirectors1VALIANTLAB2026-04-012026-06-30MeetingOfBoardOfDirectors1VALIANTLAB2026-06-30MeetingOfBoardOfDirectors2VALIANTLAB2026-04-012026-06-30MeetingOfBoardOfDirectors2VALIANTLAB2026-06-30MeetingOfBoardOfDirectors3VALIANTLAB2026-04-012026-06-30MeetingOfBoardOfDirectors3VALIANTLAB2026-04-012026-06-30MeetingOfCommittees1VALIANTLAB2026-06-30MeetingOfCommittees1VALIANTLAB2026-04-012026-06-30MeetingOfCommittees2VALIANTLAB2026-06-30MeetingOfCommittees2VALIANTLAB2026-03-31VALIANTLAB2026-06-30OngoingTaxLitigationsOrDisputesDomain1VALIANTLAB2026-06-30OngoingTaxLitigationsOrDisputesDomain2xbrli:pure543998VALIANTLABNOTLISTEDINE0JWS01017Valiant Laboratories Limited2026-04-012027-03-31Quarterly2026-06-30EquitytruetruefalseAs there were no acquisition of shares or voting rights in unlisted companies during the reporting quarter, Annexure I Part C is not applicable to the Company.falseDuring the year under review, there were no fine or penalty applicable to the entity which required disclosure under this report.truefalseTop 2000 listed entitiestrueCOMV00470OriginaltruefalseMrMulesh Manilal Savla******07474847Non-Executive - Independent DirectorChairperson1964-10-12falseActiveNA2024-05-142024-05-1425.172243MrParesh Shashikant Shah******08291953Executive DirectorNot Applicable1960-05-07falseActiveNA2021-08-162025-09-251000MrSantosh Shantilal Vora******07633923Executive DirectorNot ApplicableMD1994-07-25falseActiveNA2021-08-162022-02-062010MrShantilal Shivji Vora******07633852Non-Executive - Non Independent DirectorNot Applicable1952-11-05falseActiveNA2021-08-162022-02-061010MrsSonal Amit Vira******09505883Non-Executive - Independent DirectorNot Applicable1982-10-20falseActiveNA2022-02-162022-02-1652.152230MrSandeep Gupta******09245060Non-Executive - Non Independent DirectorNot Applicable1970-12-08falseActiveNA2023-02-232023-02-231000MrAshok Lakhamshi Chedda******10776571Non-Executive - Independent DirectorNot Applicable1975-07-05falseActiveNA2024-11-122024-11-1219.191110truetruetruetruetrueAudit Committee07474847Mulesh Manilal SavlaNon-Executive - Independent DirectorChairperson2024-08-12Audit Committee09505883Sonal Amit ViraNon-Executive - Independent DirectorMember2022-02-16Audit Committee07633852Shantilal Shivji VoraNon-Executive - Non Independent DirectorMember2022-02-16Audit Committee10776571Ashok Lakhamshi CheddaNon-Executive - Independent DirectorMember2025-05-20Nomination and remuneration committee09505883Sonal Amit ViraNon-Executive - Independent DirectorChairperson2022-02-16Nomination and remuneration committee07633852Shantilal Shivji VoraNon-Executive - Non Independent DirectorMember2022-02-16Nomination and remuneration committee07474847Mulesh Manilal SavlaNon-Executive - Independent DirectorMember2024-08-12Stakeholders Relationship Committee07474847Mulesh Manilal SavlaNon-Executive - Independent DirectorChairperson2024-08-12Stakeholders Relationship Committee09505883Sonal Amit ViraNon-Executive - Independent DirectorMember2022-02-16Stakeholders Relationship Committee07633923Santosh Shantilal VoraExecutive DirectorMember2022-02-16Risk Management Committee07633923Santosh Shantilal VoraExecutive DirectorChairperson2025-02-07Risk Management Committee09505883Sonal Amit ViraNon-Executive - Independent DirectorMember2025-02-07Risk Management Committee07474847Mulesh Manilal SavlaNon-Executive - Independent DirectorMember2025-02-07Risk Management Committee08291953Paresh Shashikant ShahExecutive DirectorMember2025-02-07Corporate Social Responsibility Committee07474847Mulesh Manilal SavlaNon-Executive - Independent DirectorChairperson2024-08-12Corporate Social Responsibility Committee08291953Paresh Shashikant ShahExecutive DirectorMember2022-02-16Corporate Social Responsibility Committee07633852Shantilal Shivji VoraNon-Executive - Non Independent DirectorMember2022-02-16Other Committee07474847Mulesh Manilal SavlaRestructuring CommitteeNon-Executive - Independent DirectorChairpersonOther Committee10776571Ashok Lakhamshi CheddaRestructuring CommitteeNon-Executive - Independent DirectorMemberOther Committee07633923Santosh Shantilal VoraRestructuring CommitteeExecutive DirectorMember2026-03-07true7622026-05-1467true7532026-05-161true753Audit Committee2026-02-11true4430Audit Committee2026-05-1491true4430truetruetruetrueNAtruetruetrueAkshay GangurdeCompany Secretary and Compliance OfficerfalseAkshay GangurdeCompany Secretary and Compliance OfficerMumbai2026-07-2000000Joint Commissioner of CGST & Central Excise, Navi Mumbai Commissionerate, 16th floor, Satra Plaza, Plam Beach Road, Sector 19D, Vashi, Navi Mumbai-4007052026-01-14On January 14, 2026, the Company received a Show Cause Cum Demand Notice from the Office of Commissioner of CGST & Central Excise(Audit),Raigad,Vashi,Mumbai-400703 issued under the CGST Act 2017 and SGST Act 2017. The Violations alleged were: a. Ineligible ITC on IPO Expenses: Expenses incurred for the Initial Public Offer (IPO) are attributable to a “transaction in securities” (which is an exempt supply). The ITC was exclusively used for the supply of exempted goods. Consequently, the Input Tax Credit (ITC) claimed on these expenses (approx. Rs. 2.85 Cr) is considered ineligible. b. Turnover Mismatch (FY 2021-22): Short payment of GST due to a discrepancy between the taxable turnover declared in the Financial Statements and the GSTR-3B returns (approx. Rs. 9.31 Cr). This relates to the transition period of converting the partnership firm ‘Bharat Chemicals’ into ‘Valiant Laboratories Ltd’ c. Corporate Guarantee: Non-payment of GST on a Corporate Bank Guarantee of Rs. 100 Crore provided to a related party (M/s. Valiant Advanced Services Pvt Ltd). The department has valued this service at 2% per annum and demanded GST on it (approx. Rs. 36 Lakhs). The Company recieved an order dated May 29, 2026 from Joint Commissioner of CGST & Central Excise, Navi Mumbai Commissionerate, 16th floor, Satra Plaza, Plam Beach Road, Sector 19D, Vashi, Navi Mumbai-400705 confirming a GST demand amounting to Rs. 18 Lakhs, out of the total demand of Rs. 36 Lakhs raised in the Show Cause Notice dated January 14, 2026 along with a penalty of Rs. 18 Lakhs and interest as may be applicable under the CGST Act and SGST Act, 2017. The other alleged violations in Show-Cause Notice dated January 14, 2026, with respect to ineligible availment of Input Tax Credit on IPO expenses of approximately Rs. 2.85 Crore; and turnover mismatch between Financial Statements and GST returns for FY 2021- 22 of approximately Rs. 9.31 Crore have been dropped by the adjudicating authority.Assisstant Commissioner of CGST & Central Excise, Division- IV, Navi Mumbai Commissionerate, CBD Belapur, Navi Mumbai2025-09-29On September 29, 2025, the Company received a Show Cause Notice from the office of the Assisstant Commissioner of CGST & Central Excise, Division- IV, Navi Mumbai Commissionerate, CBD Belapur,Navi Mumbai, issued under section 73 of the CGST Act, 2017 read with relevant provisions of the IGST Act, 2017 and MGST Act, 2017, along with penalty under section 122 of the CGST Act, 201, relating to alleged wrong availment of Input Tax Credit on Capital goods for the tax period April 2021 to March 2022. The Company is in the process of preparing and submitting response to the Show-Cause Notice within the prescribed timeline. The Company on October 28, 2025, submitted the response to the Show Cause Notice recieved. The Company received an Order dated December 26, 2025 from the Office of the Assistant Commissioner of CGST & Central Excise, Division-IV, Navi Mumbai Commissionerate, CBD Belapur, Navi Mumbai. The order confirms a demand towards wrong availment of Input Tax Credit (ITC) on capital goods for FY 2021-22. The Company had claimed depreciation on the GST component of capital goods, which has been held to be impermissible. The authority has determined the ITC wrongly availed at Rs. 57,24,953/-. The Company on March 09, 2026, filed an appeal with the Appellate Authority.