General information about company | ||
| Scrip code | 504741 | |
| NSE Symbol | INDIANHUME | |
| MSEI Symbol | NOTLISTED | |
| ISIN | INE323C01030 | |
| Name of the entity | THE INDIAN HUME PIPE COMPANY LIMITED | |
| Date of start of financial year | 01-04-2025 | |
| Date of end of financial year | 31-03-2026 | |
| Reporting Quarter Type | Yearly | |
| Date of Quarter Ending | 31-03-2026 | |
| Type of company | Equity | |
| Whether Annexure I (Part A) of the SEBI Circular dated December 31, 2024 related to Compliance Report on Corporate Governance is applicable to the entity? | Yes | |
| Whether Annexure I (Part B) of the SEBI Circular dated December 31, 2024 related to Investor Grievance Redressal Report is Applicable to the entity? | Yes | |
| Whether Annexure I (Part C) of the SEBI Circular dated December 31, 2024 related to Disclosure of Acquisition of Shares or Voting Rights in Unlisted Companies is Applicable to the entity? | No | This disclosure is not applicable as there were no acquisition of shares or voting rights in unlisted companies during the quarter ended under review |
| Whether Annexure I (Part D) of the SEBI Circular dated December 31, 2024 related to Disclosure of Imposition of Fine or Penalty is Applicable to the entity? | No | This disclosure is not applicable as there were no imposition of fine or penalty during the quarter ended under review |
| Whether Annexure I (Part E) of the SEBI Circular dated December 31, 2024 related to Disclosure of Updates to Ongoing Tax Litigations or Disputes is Applicable to the entity? | Yes | |
| Whether Annexure I (Part F) of the SEBI Circular dated December 31, 2024 related to Disclosure Of Loans / Guarantees / Comfort Letters / Securities Etc. is Applicable to the entity? | No | This disclosure is not applicable, as the Company has not undertaken any loans, guarantees, comfort letters, or securities during the quarter under review. |
| Risk management committee | Applicable | |
| Market Capitalisation as per immediate previous Financial Year | Top 2000 listed entities | |
| Is SCORE ID Available ? | Yes | |
| SCORE Registration ID | i00082 | |
| Reason For No SCORE ID | ||
| Type of Submission | Original | |
| Remarks (website dissemination) | ||
| Remarks for Exchange (not for Website Dissemination) | ||
Annexure I | |||||||||||||||||||||||||
Annexure I to be submitted by listed entity on quarterly basis | |||||||||||||||||||||||||
I. Composition of Board of Directors | |||||||||||||||||||||||||
| Disclosure of notes on composition of board of directors explanatory | |||||||||||||||||||||||||
| Whether the listed entity has a Regular Chairperson | Yes | ||||||||||||||||||||||||
| Whether Chairperson is related to MD or CEO | Yes | ||||||||||||||||||||||||
| Sr | Title (Mr / Ms) | Name of the Director | PAN | DIN | Category 1 of directors | Category 2 of directors | Category 3 of directors | Date of Birth | |||||||||||||||||
| 1 | Mr | RAJAS RATANCHAND DOSHI | AAGPD1299L | 00050594 | Executive Director | Chairperson related to Promoter | CEO-MD | 01-09-1951 | |||||||||||||||||
| 2 | Mr | MAYUR RAJAS DOSHI | AAJPD2774M | 00250358 | Executive Director | Not Applicable | 12-03-1979 | ||||||||||||||||||
| 3 | Ms | JYOTI RAJAS DOSHI | AAEPD8402F | 00095732 | Non-Executive - Non Independent Director | Not Applicable | 19-08-1953 | ||||||||||||||||||
| 4 | Ms | ANIMA BHUPENDRA KAPADIA | AEZPK6241A | 00095831 | Non-Executive - Non Independent Director | Not Applicable | 04-07-1951 | ||||||||||||||||||
| 5 | Ms | SUCHETA NILESH SHAH | AAFPS0922E | 00322403 | Non-Executive - Independent Director | Not Applicable | 31-08-1966 | ||||||||||||||||||
| 6 | Mr | NANDAN SURAJRATAN DAMANI | AECPD7469J | 00058396 | Non-Executive - Independent Director | Not Applicable | 01-12-1952 | ||||||||||||||||||
| 7 | Mr | ASHISH GIRDHARILAL VAID | AACPV7792A | 00086718 | Non-Executive - Independent Director | Not Applicable | 26-10-1965 | ||||||||||||||||||
| 8 | Mr | ROHIT RAJGOPAL DHOOT | AABPD0017B | 00016856 | Non-Executive - Independent Director | Not Applicable | 29-09-1968 | ||||||||||||||||||
I. Composition of Board of Directors | |||||||||||||||||||||||||
Disqualification of Directors under section 164 of the Companies Act, 2013 | |||||||||||||||||||||||||
| Sr | Whether the director is disqualified? | Start Date of disqualification | End Date of disqualification | Details of disqualification | Current status | ||||||||||||||||||||
| 1 | No | Active | |||||||||||||||||||||||
| 2 | No | Active | |||||||||||||||||||||||
| 3 | No | Active | |||||||||||||||||||||||
| 4 | No | Active | |||||||||||||||||||||||
| 5 | No | Active | |||||||||||||||||||||||
| 6 | No | Active | |||||||||||||||||||||||
| 7 | No | Active | |||||||||||||||||||||||
| 8 | No | Active | |||||||||||||||||||||||
I. Composition of Board of Directors | |||||||||||||||||||||||||||
| Sr | Whether special resolution passed? [Refer Reg. 17(1A) of Listing Regulations] | Date of passing special resolution | Initial Date of appointment | Date of Re-appointment | Date of cessation | Tenure of director (in months) | No of Directorship in listed entities including this listed entity (Refer Regulation 17A of Listing Regulations) | No of Independent Directorship in listed entities including this listed entity [with reference to proviso to regulation 17A(1) & reg. 17A(2)] | Number of memberships in Audit/ Stakeholder Committee(s) including this listed entity (Refer Regulation 26(1) of Listing Regulations) | No of post of Chairperson in Audit/ Stakeholder Committee held in listed entities including this listed entity (Refer Regulation 26(1) of Listing Regulations) | Reason for Cessation | Notes for not providing PAN | Notes for not providing DIN | ||||||||||||||
| 1 | NA | 30-06-1988 | 01-07-2023 | 1 | 0 | 2 | 1 | ||||||||||||||||||||
| 2 | NA | 28-05-2012 | 01-07-2024 | 1 | 0 | 0 | 0 | ||||||||||||||||||||
| 3 | NA | 27-05-1996 | 01-08-2024 | 1 | 0 | 0 | 0 | ||||||||||||||||||||
| 4 | Yes | 01-08-2025 | 27-07-2001 | 03-08-2023 | 1 | 0 | 1 | 1 | |||||||||||||||||||
| 5 | NA | 12-02-2020 | 12-02-2023 | 73.2 | 2 | 2 | 9 | 3 | |||||||||||||||||||
| 6 | NA | 01-08-2023 | 01-08-2023 | 32 | 2 | 1 | 2 | 1 | |||||||||||||||||||
| 7 | NA | 25-07-2024 | 25-07-2024 | 20.07 | 1 | 1 | 1 | 0 | |||||||||||||||||||
| 8 | NA | 25-07-2024 | 25-07-2024 | 20.07 | 5 | 3 | 6 | 1 | |||||||||||||||||||
Audit Committee Details | |||||||
| Whether the Audit Committee has a Regular Chairperson | Yes | ||||||
| Sr | DIN Number | Name of Committee members | Category 1 of directors | Category 2 of directors | Date of Appointment | Date of Cessation | Remarks |
| 1 | 00058396 | NANDAN SURAJRATAN DAMANI | Non-Executive - Independent Director | Chairperson | 04-08-2023 | ||
| 2 | 00322403 | SUCHETA NILESH SHAH | Non-Executive - Independent Director | Member | 04-08-2023 | ||
| 3 | 00086718 | ASHISH GIRDHARILAL VAID | Non-Executive - Independent Director | Member | 25-07-2024 | ||
| 4 | 00016856 | ROHIT RAJGOPAL DHOOT | Non-Executive - Independent Director | Member | 25-07-2024 | ||
Nomination and remuneration committee | |||||||
| Whether the Nomination and remuneration committee has a Regular Chairperson | Yes | ||||||
| Sr | DIN Number | Name of Committee members | Category 1 of directors | Category 2 of directors | Date of Appointment | Date of Cessation | Remarks |
| 1 | 00322403 | SUCHETA NILESH SHAH | Non-Executive - Independent Director | Chairperson | 25-07-2024 | ||
| 2 | 00086718 | ASHISH GIRDHARILAL VAID | Non-Executive - Independent Director | Member | 25-07-2024 | ||
| 3 | 00050594 | RAJAS RATANCHAND DOSHI | Executive Director | Member | 16-03-2020 | ||
Stakeholders Relationship Committee | |||||||
| Whether the Stakeholders Relationship Committee has a Regular Chairperson | Yes | ||||||
| Sr | DIN Number | Name of Committee members | Category 1 of directors | Category 2 of directors | Date of Appointment | Date of Cessation | Remarks |
| 1 | 00095831 | ANIMA BHUPENDRA KAPADIA | Non-Executive - Non Independent Director | Chairperson | 25-10-2001 | ||
| 2 | 00050594 | RAJAS RATANCHAND DOSHI | Executive Director | Member | 25-10-2001 | ||
| 3 | 00322403 | SUCHETA NILESH SHAH | Non-Executive - Independent Director | Member | 16-03-2020 | ||
Risk Management Committee | |||||||
| Whether the Risk Management Committee has a Regular Chairperson | Yes | ||||||
| Sr | DIN Number | Name of Committee members | Category 1 of directors | Category 2 of directors | Date of Appointment | Date of Cessation | Remarks |
| 1 | 00050594 | RAJAS RATANCHAND DOSHI | Executive Director | Chairperson | 12-11-2014 | ||
| 2 | 00250358 | MAYUR RAJAS DOSHI | Executive Director | Member | 12-11-2014 | ||
| 3 | 00058396 | NANDAN SURAJRATAN DAMANI | Non-Executive - Independent Director | Member | 25-07-2024 | ||
Corporate Social Responsibility Committee | |||||||
| Whether the Corporate Social Responsibility Committee has a Regular Chairperson | Yes | ||||||
| Sr | DIN Number | Name of Committee members | Category 1 of directors | Category 2 of directors | Date of Appointment | Date of Cessation | Remarks |
| 1 | 00050594 | RAJAS RATANCHAND DOSHI | Executive Director | Chairperson | 25-07-2014 | ||
| 2 | 00095732 | JYOTI RAJAS DOSHI | Non-Executive - Non Independent Director | Member | 25-07-2014 | ||
| 3 | 00058396 | NANDAN SURAJRATAN DAMANI | Non-Executive - Independent Director | Member | 04-08-2023 | ||
Other Committee | ||||||
| Sr | DIN Number | Name of Committee members | Name of other committee | Category 1 of directors | Category 2 of directors | Remarks |
Annexure 1 | ||||||||
Annexure 1 | ||||||||
III. Meeting of Board of Directors | ||||||||
| Disclosure of notes on meeting of board of directors explanatory | ||||||||
| Sr. No. | Date(s) of meeting (if any) in the previous quarter | Date(s) of meeting (if any) in the current quarter | Maximum gap between any two consecutive (in number of days) | Notes for not providing Date | Whether requirement of Quorum met (Yes/No) | Total Number of Directors as on date of the meeting | Number of Directors present* (All directors including Independent Director) | No. of Independent Directors attending the meeting* |
| 1 | 10-11-2025 | Yes | 8 | 7 | 3 | |||
| 2 | 12-02-2026 | 93 | Yes | 8 | 8 | 4 | ||
Annexure 1 | ||||||||||
IV. Meeting of Committees | ||||||||||
| Disclosure of notes on meeting of committees explanatory | ||||||||||
| Sr | Name of Committee | Date(s) of meeting (Enter dates of Previous quarter and Current quarter in chronological order) | Maximum gap between any two consecutive (in number of days) | Name of other committee | Reason for not providing date | Whether requirement of Quorum met (Yes/No) | Total Number of Directors in the Committee as on date of the meeting | Number of Directors Present (All Directors including Independent Director) | No. of Independent Directors attending the meeting* | No. of members attending the meeting (other than Board of Directors) |
| 1 | Audit Committee | 10-11-2025 | Yes | 4 | 3 | 3 | 0 | |||
| 2 | Audit Committee | 12-02-2026 | 93 | Yes | 4 | 4 | 4 | 0 | ||
Annexure 1 | ||
V. Affirmations | ||
| Sr | Subject | Compliance status (Yes/No) |
| 1 | The composition of Board of Directors is in terms of SEBI (Listing obligations and disclosure requirements) Regulations, 2015 | Yes |
| 2 | The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015 a. Audit Committee | Yes |
| 3 | The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. b. Nomination & remuneration committee | Yes |
| 4 | The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. c. Stakeholders relationship committee | Yes |
| 5 | The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. d. Risk management committee (applicable to the top 1000 listed entities) | Yes |
| 6 | The committee members have been made aware of their powers, role and responsibilities as specified in SEBI (Listing obligations and disclosure requirements) Regulations, 2015. | Yes |
| 7 | The meetings of the board of directors and the above committees have been conducted in the manner as specified in SEBI (Listing obligations and disclosure requirements) Regulations, 2015. | Yes |
| 8 | This report and/or the report submitted in the previous quarter has been placed before Board of Directors. | Yes |
Annexure 1 | ||
| Sr | Subject | Compliance status |
| 1 | Name of signatory | NIRAJ R. OZA |
| 2 | Designation | Company Secretary and Compliance Officer |
Annexure II to be submitted by listed entity at the end of the financial year (for the whole of financial year) | ||||
I. Disclosure on website in terms of LODR Regulation | ||||
Sr | ||||
| Sr | Item | Compliance status (Yes/No/NA) | If status is “No” details of non-compliance may be given here. | Web address |
| As per regulation 46(2) of the LODR: | ||||
| 1.1 | Details of business | Yes | www.indianhumepipe.com | |
| 1.2 | Memorandum of Association and Articles of Association | Yes | www.indianhumepipe.com | |
| 1.3 | Brief profile of board of directors including directorship and full-time positions in body corporates | Yes | www.indianhumepipe.com | |
| 2 | Terms and conditions of appointment of independent directors | Yes | www.indianhumepipe.com | |
| 3 | Composition of various committees of board of directors | Yes | www.indianhumepipe.com | |
| 4 | Code of conduct of board of directors and senior management personnel | Yes | www.indianhumepipe.com | |
| 5 | Details of establishment of vigil mechanism/ Whistle Blower policy | Yes | www.indianhumepipe.com | |
| 6 | Criteria of making payments to non-executive directors | Yes | www.indianhumepipe.com | |
| 7 | Policy on dealing with related party transactions | Yes | www.indianhumepipe.com | |
| 8 | Policy for determining ‘material’ subsidiaries | NA | ||
| 9 | Details of familiarization programmes imparted to independent directors | Yes | www.indianhumepipe.com | |
| 10 | Email address for grievance redressal and other relevant details | Yes | www.indianhumepipe.com | |
| 11 | Contact information of the designated officials of the listed entity who are responsible for assisting and handling investor grievances | Yes | www.indianhumepipe.com | |
| 12 | Financial results | Yes | www.indianhumepipe.com | |
| 13 | Shareholding pattern | Yes | www.indianhumepipe.com | |
| 14 | Details of agreements entered into with the media companies and/or their associates | NA | ||
Annexure II to be submitted by listed entity at the end of the financial year (for the whole of financial year) | ||||
I. Disclosure on website in terms of LODR Regulation | ||||
Sr | ||||
| As per regulation 46(2) of the LODR: | ||||
| 15.1 | (I) Schedule of analyst or institutional investor meet (II) Presentations prepared by the listed entity for analysts or institutional investors meet, post earnings or quarterly calls prior to beginning of such events. | NA | ||
| 15.2 | Audio recordings, video recordings, if any, and transcripts of post earnings or quarterly calls, by whatever name called, conducted physically or through digital means | NA | ||
| 16 | New name and the old name of the listed entity | NA | ||
| 17 | Advertisements as per regulation 47 (1) | Yes | www.indianhumepipe.com | |
| 18 | Credit rating or revision in credit rating obtained | Yes | www.indianhumepipe.com | |
| 19 | Separate audited financial statements of each subsidiary of the listed entity in respect of a relevant financial year | NA | ||
| 20 | Secretarial Compliance Report | Yes | www.indianhumepipe.com | |
| 21 | Materiality Policy as per Regulation 30 (4) | Yes | www.indianhumepipe.com | |
| 22 | Disclosure of contact details of KMP who are authorized for the purpose of determining materiality as required under regulation 30(5) | Yes | www.indianhumepipe.com | |
| 23 | Disclosures under regulation 30(8) | Yes | www.indianhumepipe.com | |
| 24 | Statements of deviation(s) or variations(s) as specified in regulation 32 | NA | ||
| 25 | Dividend Distribution policy as per Regulation 43A(1) | Yes | www.indianhumepipe.com | |
| 26.1 | Annual return as provided under section 92 of the Companies Act, 2013 | Yes | www.indianhumepipe.com | |
| 26.2 | Employee Benefit scheme documents framed in terms of SEBI (SBEB) Regulations, 2021 | NA | ||
| 27 | Confirmation that the above disclosures are in a separate section as specified in regulation 46(2) | Yes | www.indianhumepipe.com | |
| 28 | Compliance with regulation 46(3) with respect to accuracy of disclosures on the website and timely updating | Yes | www.indianhumepipe.com | |
Annexure II | ||||
II. Annual Affirmations | ||||
| Sr | Particulars | Regulation Number | Compliance status (Yes/No/NA) | If status is “No” details of non-compliance may be given here. |
| 1 | Independent director(s) have been appointed in terms of specified criteria of ‘independence’ and/or ‘eligibility’ | 16(1)(b) | Yes | |
| 2 | Board composition | 17(1), 17(1A) & 17(1C), 17(1D) & 17(1E) | Yes | |
| 3 | Meeting of Board of directors | 17(2) | Yes | |
| 4 | Quorum of Board meeting | 17(2A) | Yes | |
| 5 | Review of Compliance Reports | 17(3) | Yes | |
| 6 | Plans for orderly succession for appointments | 17(4) | Yes | |
| 7 | Code of Conduct | 17(5) | Yes | |
| 8 | Fees/compensation | 17(6) | Yes | |
| 9 | Minimum Information | 17(7) | Yes | |
| 10 | Compliance Certificate | 17(8) | Yes | |
Annexure II | ||||
II. Annual Affirmations | ||||
| Sr | Particulars | Regulation Number | Compliance status (Yes/No/NA) | If status is “No” details of non-compliance may be given here. |
| 11 | Risk Assessment & Management | 17(9) | Yes | |
| 12 | Performance Evaluation of Independent Directors | 17(10) | Yes | |
| 13 | Recommendation of Board | 17(11) | Yes | |
| 14 | Maximum number of Directorships | 17A | Yes | |
| 15 | Composition of Audit Committee | 18(1) | Yes | |
| 16 | Meeting of Audit Committee | 18(2) | Yes | |
| 17 | Role of Audit Committee and information to be reviewed by the audit committee | 18(3) | Yes | |
| 18 | Composition of nomination & remuneration committee | 19(1) & (2) | Yes | |
| 19 | Quorum of Nomination and Remuneration Committee meeting | 19(2A) | Yes | |
| 20 | Meeting of Nomination and Remuneration Committee | 19(3A) | Yes | |
Annexure II | ||||
II. Annual Affirmations | ||||
| Sr | Particulars | Regulation Number | Compliance status (Yes/No/NA) | If status is “No” details of non-compliance may be given here. |
| 21 | Role of Nomination and Remuneration Committee | 19(4) | Yes | |
| 22 | Composition of Stakeholder Relationship Committee | 20(1), 20(2) & 20(2A) | Yes | |
| 23 | Meeting of Stakeholders Relationship Committee | 20(3A) | Yes | |
| 24 | Role of Stakeholders Relationship Committee | 20(4) | Yes | |
| 25 | Composition and role of risk management committee | 21(1),(2),(3),(4) | Yes | |
| 26 | Meeting of Risk Management Committee | 21(3A) | Yes | |
| 27 | Quorum of Risk Management Committee meeting | 21(3B) | Yes | |
| 28 | Gap between the meetings of the Risk Management Committee | 21(3C) | Yes | |
| 29 | Vigil Mechanism | 22 | Yes | |
| 30 | Policy for related party Transaction | 23(1), (1A), (5), (6), & (8) | Yes | |
Annexure II | ||||
II. Annual Affirmations | ||||
| Sr | Particulars | Regulation Number | Compliance status (Yes/No/NA) | If status is “No” details of non-compliance may be given here. |
| 31 | Prior or Omnibus approval of Audit Committee for all related party transactions | 23(2), (3) | Yes | |
| 32 | Approval for material related party transactions | 23(4) | NA | |
| 33 | Disclosure of related party transactions on consolidated basis | 23(9) | Yes | |
| 34 | Composition of Board of Directors of unlisted material Subsidiary | 24(1) | NA | |
| 35 | Other Corporate Governance requirements with respect to subsidiary of listed entity | 24(2),(3),(4),(5) & (6) | NA | |
| 36 | Alternate Director to Independent Director | 25(1) | NA | |
| 37 | Maximum Tenure | 25(2) | Yes | |
| 38 | Appointment, Re-appointment or removal of an Independent Director through special resolution or the alternate mechanism | 25(2A) | Yes | |
| 39 | Meeting of independent directors | 25(3) & (4) | Yes | |
| 40 | Familiarization of independent directors | 25(7) | Yes | |
Annexure II | ||||
II. Annual Affirmations | ||||
| Sr | Particulars | Regulation Number | Compliance status (Yes/No/NA) | If status is “No” details of non-compliance may be given here. |
| 41 | Declaration from Independent Director | 25(8) & (9) | Yes | |
| 42 | Directors and Officers insurance | 25(10) | Yes | |
| 43 | Confirmation with respect to appointment of Independent Directors who resigned from the listed entity | 25(11) | NA | |
| 44 | Memberships in Committees | 26(1) | Yes | |
| 45 | Affirmation with compliance to code of conduct from members of Board of Directors and Senior management personnel | 26(3) | Yes | |
| 46 | Policy with respect to Obligations of directors and senior management | 26(2) & 26(5) | Yes | |
| 47 | Approval of the Board and shareholders for compensation or profit sharing in connection with dealings in the securities of the listed entity | 26(6) | NA | |
| 48 | Vacancies in respect Key Managerial Personnel | 26A(1) & 26A(2), 26A(3) | Yes | |
| Any other information to be provided - Add Notes | ||||
Annexure II | ||
| 1 | Name of signatory | NIRAJ R. OZA |
| 2 | Designation | Company Secretary and Compliance Officer |
Annexure II | |||
III. Affirmations | Sr | Particulars | Compliance status (Yes/No/NA) |
| 1 | The Listed Entity has approved Material Subsidiary Policy and the Corporate Governance requirements with respect to subsidiary of Listed Entity have been complied | NA | |
| Any other information to be provided | |||
Annexure II | ||
| 1 | Name of signatory | NIRAJ R. OZA |
| 2 | Designation | Company Secretary and Compliance Officer |
Details of Cyber security incidence | ||
| Whether as per Regulation 27(2)(ba) of SEBI (LODR) Regulations, 2015 there has been cyber security incidents or breaches or loss of data or documents during the quarter | No | |
| Number of cyber security incidence or breaches or loss of data event occurred during the quarter | ||
| Sr. | Date of the event | Brief details of the event |
Signatory Details | |
| Name of signatory | NIRAJ R. OZA |
| Designation of person | Company Secretary and Compliance Officer |
| Place | MUMBAI |
| Date | 09-04-2026 |
Investor Grievance Details | |
| No. of investor complaints pending at the beginning of Quarter | 0 |
| No. of investor complaints received during the Quarter | 0 |
| No. of investor complaints disposed off during the Quarter | 0 |
| No. of investor complaints those remaining unresolved at the end of the Quarter | 0 |
Disclosure of Updates to Ongoing Tax Litigations or Disputes The updates on tax litigations or disputes in terms of sub-para 8 of para B of Part A of Schedule III read with corresponding provisions of Annexure 18 of the Master Circular are given below: | ||||
| Any Other Information for Disclosure of Updates to Ongoing Tax Litigations or Disputes | ||||
| Sr. No. | Name of the opposing party | Date of initiation of the litigation / dispute | Status of the litigation / dispute as per last disclosure | Current status of the litigation / dispute |
| 1 | The Joint Commissioner of Central Goods & Services Act (CGST) & Central excise, Bhopal (Financial Year 2020-2021 & 2021-2022) | 14-01-2025 | The appeal is pending adjudication as on 31st December, 2025. | The appeal is pending adjudication as on 31st March, 2026. |
| 2 | Commissioner, Commercial Tax, Chhattisgarh. (VAT Financial Year 2016-2017) | 21-03-2025 | The matter is pending adjudication as on December 31, 2025. | The matter is pending adjudication as on March 31, 2026. |
| 3 | Commissioner, Commercial Tax, Chhattisgarh (VAT Financial Year 2017-2018) | 21-03-2025 | The matter is pending adjudication as on December 31, 2025. | The matter is pending adjudication as on March 31, 2026. |
| 4 | Excise & Taxation Authority, Faridabad, Haryana (FY 2014-2015) | 31-03-2018 | The matter is pending adjudication as on December 31, 2025. | The matter is pending adjudication as on March 31, 2026. |
| 5 | Excise & Taxation Authority, Faridabad, Haryana (FY 2015-2016) | 27-03-2019 | The matter is pending adjudication as on December 31, 2025. | The matter is pending adjudication as on March 31, 2026. |
| 6 | Excise & Taxation Authority, Faridabad, Haryana (FY 2016-2017) | 05-03-2020 | The matter is pending adjudication as on December 31, 2025. | The matter is pending adjudication as on March 31, 2026. |
| 7 | Deputy Commissioner of State Tax, Pune VAT E 102 (Assessment Period 2013-2014) | 02-06-2018 | The remand proceeding is ongoing and pending as on 31st December 2025. | The Company is in receipt of Order in Appeal dated 29th Janaury 2026 passed by the Joint Commissioner (State Tax) (Appeals-1), Pune, ordering refund of Rs. 49,56,160/- as against demand raised of Rs. 38,84,847/- as per original assessment dated 29/03/2018. With this order, the prsent appeal proceedings stands concluded. |
| 8 | Deputy Commissioner of State Tax, Pune VAT E 102 (Assessment Period 2014-2015) | 25-11-2020 | The remand proceeding is ongoing and pending as on 31st December 2025. | The Company is in receipt of Order in Appeal dated 29th Janaury 2026 passed by the Joint Commissioner (State Tax) (Appeals-1), Pune, ordering additional refund of Rs. 34,24,963/- in addition to refund originally granted of Rs. 69,00002/- as per original assessment dated 30/03/2019. With this order, the prsent appeal proceedings stands concluded. |
| 9 | The Income Tax Officer NAFAC, Delhi (Assessment Year 2022-2023) | 29-10-2025 | Being aggrived by the order passed by the Commissioner of Income Tax, (Appeals), NAFAC, Delhi, the Income Tax Department, (Revenue) has filed an appeal before the Hon. Income Tax Appellate Tribunal, Mumbai on 29/10/2025 challenging the relief granted to the Company by the Commissioner of Income Tax, Appeals, NAFAC, Delhi in his order dated 30th August 2025. The appeal proceeding is pending adjudication as on 31st December 2025. | The matetr is pending Adjudication before the Hon. Income Tax Appellate Tribunal, Mumbai and the next date of hearing is fixed on 4th May 2026. |
| 10 | The Income Tax Officer NAFAC, Delhi (Assessment Year 2023-2024) | 29-10-2025 | Being aggrived by the order passed by the Commissioner of Income Tax, (Appeals), NAFAC, Delhi, the Income Tax Department, (Revenue) has filed an appeal before the Hon. Income Tax Appellate Tribunal, Mumbai on 29/10/2025 challenging the relief granted to the Company by the Commissioner of Income Tax, Appeals, NAFAC, Delhi in his order dated 30th August 2025. The appeal proceeding is pending adjudication as on 31st December 2025. The appeal filed by the Comapny before the Hon. Income TAx Appellate Tribunal, Mumbai, challenging the additions / disallowances confirmed by learned CIT(A) is also pending adjudication as on 31st December 2025. | The matetr is pending Adjudication before the Hon. Income Tax Appellate Tribunal, Mumbai and the next date of hearing is fixed on 4th May 2026. |
| 11 | The Joint Commissioner of Central Goods & Services Act (CGST) & Central excise, Bhopal (2017-2018-2019-2020) | 30-11-2023 | The Company is in the process of filing appeal to Hon. GST Appellate Tribunal within the time allowed by the Government i.e. 30th June 2026. | The Company is in the process of filing appeal to Hon. GST Appellate Tribunal within the time allowed by the Government i.e. 30th June 2026. |
| 12 | Assistant Commissioner (CT), LTU, Secunderabad Division, Hyderabad, Telanagana (Assessment Period April 2015 to June 2017) | 24-06-2022 | The remand proceeding has not yet initiated by the Assessing Authority and pending as on 31st December 2025. | The remand proceeding has not yet initiated by the Assessing Authority and pending as on 31st March 2026. |
| 13 | Additional Commissioner (ST)Appellate Authority, Tirupati. (APGST Act 2017) (Assessment Period 2018-2019 & 2019-2020) | 31-03-2023 | The Company is in the process of filing appeal to Hon. GST Appellate Tribunal within the time allowed by the Government i.e. 30th June 2026. | The Company is in the process of filing appeal to Hon. GST Appellate Tribunal within the time allowed by the Government i.e. 30th June 2026. |
| 14 | Assessment Unit, Income Tax Department, NAFAC Delhi (AY 2016-2017) | 27-03-2024 | The matter is pending adjudication as on December 31, 2025. | The matter is pending adjudication as on March 31, 2026. |
| 15 | Assessment Unit, Income Tax Department, NAFAC Delhi (AY 2018-2019) | 13-04-2021 | The matter is pending adjudication as on December 31, 2025. | The matter is pending adjudication as on March 31, 2026. |
| 16 | Assessment Unit, Income Tax Department, NAFAC Delhi (AY 2020-2021) | 19-09-2022 | The matter is pending adjudication as on December 31, 2025. | The matter is pending adjudication as on March 31, 2026. |
| 17 | Deputy Commissioner, Ghatak 23 Ahmedabad, Gujrat (Gujrat GST ACT - Feb 2021) | 12-05-2021 | The Company had filed appeal under Gujrat GST Act on 12th May 2021 challenging the order passed by the GST officer wrongfully consficating goods in movement from one project location of the Company to its other project location within the State and further imposing penalty under the Gujrat GST Act. The comapny was in recipt of notice fixing the personal hearing on 14th Ocotber 2025 and 23rd December 2025. The Comapny's representative attended the said hearing on schedule date of hearing and submitted the detailed reply along with documentory evidences. The matter stands adjourned and is pending adjudication as on December 31, 2025. | The matter is pending adjudication as on March 31, 2026. |
| 18 | Assistant Commissioner, (ST), Anantpur-II, Circle, Andhra Pradesh. | 11-12-2025 | The Company was entitled to refund of Rs. 52,86,338/- under the Andhra Pradesh Value Added Tax Act 2005 for the financial year 2015-2016. Subsequently, Company filed refund application which is rejected by the Assistant Commissioner (ST), Anantpur -II, Circle. Being aggrived by the said refund rejection order, comapny intends to challenge the said refund rejection order and is in the process of evaluating appropriate course of action as on December 31, 2025. | The company has filed writ petition No 5440 of 2026 on 20/02/2026 before the Hon. High Court of Andhra Pradesh praying for grant of refund of Rs. 52,86,338/- withheld by the Assistant Commissioner (ST), Anatpur-II, Circle. |
| 19 | Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Hyderabad (ST/30262/2018-DB) | 12-03-2018 | Company had filed appeal before the Hon. Customs, Excise and Service Tax Appellate Tribunal, Hyderabad, challenging the order of the Commissioner II Hyderabad wherein certain activities of the sub-contractors were held liable in the hands of the Company under reverse charge mechanism resulting in service tax demand of Rs. 15,38,970/- and equal amount of penalty. The appeal was fixed for hearing on 12th November 2025. The matter was adjourned on that day. The appeal is pending for adjudication as on December 31, 2025. | The matter is still pending adjudication as on March 31, 2026 before the Hon. Hyderabad CESTAT. |
| 20 | The Assessment Unit, Income Tax, NAFAC, Delhi | 27-03-2026 | NA | The company is in receipt of notice proposing to levy penalty of Rs. 33,15,786/- under section 270A(9) of the Income Tax Act, 1961 on ceratin additions amounting to Rs. 60,73,559/- made in the assessment order passed under section 143(3) of the Act of even date, for the Assessment Year 2024-2025. Comapny is not prefering appeal against the said addition as the same was voluntarily offered to tax being arithmatic error while filing the return of income. The company has to submit its reply within 30 days from the receipt of such notice and is in the process of filing a detailed factual and legal reply challenging the proposed levy of penalty udner section 270A(9) of the Income Tax Act, 1961. |
| 21 | The Assessment Unit, Income Tax, NAFAC, Delhi | 31-03-2026 | NA | The Compan y is in receipt of penalty order passed under section 270A(9) of the Income Tax Act 1961 demanding Rs. 5,10,20,732/- for the Assessment Year 2023-2024. The company has time to file an appeal and is in the process of filing the appeal before the Commissioner of Income Tax (Appeals) challenging the very basis of levy of said penalty. |
| 22 | The Assessment Unit, Income Tax, NAFAC, Delhi | 31-03-2026 | NA | The Compan y is in receipt of penalty order passed under section 271AAC of the Income Tax Act 1961 demanding Rs. 63,10,816/- for the Assessment Year 2023-2024. The company has time to file an appeal and is in the process of filing the appeal before the Commissioner of Income Tax (Appeals) challenging the very basis of levy of said penalty. |
| 23 | The Commissioner of Income Tax, Mumbai | 24-07-2009 | NA | The Income Tax Appeal filed by the Revenue for the Assessment Year 2003-2004 challenging the order of the Hon. ITAT Mumbai granting deduction of section 80-IA of Rs. 10.57 Crores claimed by the Company was fixed for hearing on 18th March 2026, before the Hon. High Court of Mumbai. During the course of the hearing, the Hon. High Court directed the Revenue to amend the substantial question of law involved and therefore the matter was posted for hearing on 6th April 2026. |