Ind-Swift (Delisted) CEO, MD, chairman, board of directors and AGM

BSE: 524652Pharmaceuticals & Biotechnology

Last traded ₹15.76 on 13 Aug 2025

Delisted on 16 Jan 2026.

Ind-Swift board of directors

At the end of the quarter to Jun 2025, as the company filed it; changes since are in its announcements.Their trades in its shares

  • ChairpersonSANJEEV RAI MEHTARelated to the promoter
  • Managing director and CEOGOPAL MUNJAL
  • Company Secretary and Compliance OfficerPuneet Khurana

12 directors6 independent3 executive3 non-executive

  • SANJEEV RAI MEHTA · ChairpersonDisqualifiedExecutive · joined Nov 2006 · reappointed Apr 2024 · 1 listed board
  • NAVRATTAN MUNJALNon-executive · joined Dec 2006 · reappointed Dec 2006 · 2 listed boards · 2 committee seats
  • HIMANSHU JAINNon-executive · joined Jul 2003 · reappointed Jul 2003 · 2 listed boards · 2 committee seats
  • RISHAV MEHTANon-executive · joined Mar 2010 · reappointed Mar 2010 · 2 listed boards
  • VIKRANT RAI MEHTADisqualifiedExecutive · joined Sep 1993 · reappointed Apr 2024 · 1 listed board · 1 committee seat
  • GOPAL MUNJAL · Managing director and CEODisqualifiedExecutive · joined Dec 1996 · reappointed Apr 2024 · 1 listed board
  • JAGVIR SINGH AHLUWALIAIndependent · joined Aug 2017 · reappointed Aug 2022 · 94 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
  • SUBHASH CHANDER GALHOTRAIndependent · joined Dec 2016 · reappointed Dec 2021 · 102 months as independent · 1 listed board · 1 as independent · 3 committee seats
  • ANOOP MICHRAIndependent · joined May 2017 · reappointed May 2022 · 97 months as independent · 1 listed board · 1 as independent · 1 committee seat
  • BHUPINDER SINGHIndependent · joined Jun 2022 · reappointed Jun 2022 · 37 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
  • SUBODH GUPTAIndependent · joined Apr 2024 · reappointed Apr 2024 · 15 months as independent · 1 listed board · 1 as independent
  • PRABHAT KHURANAIndependent · joined Apr 2024 · reappointed Apr 2024 · 15 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 25 Jun 202511 of 12 present6 independent · 25 days in between
    • 30 May 202512 of 12 present5 independent · 107 days in between
    • 11 Feb 202511 of 12 present6 independent

  • Audit Committee

    Chair BHUPINDER SINGH

    JAGVIR SINGH AHLUWALIA, ANOOP MICHRA

    • 25 Jun 20253 of 3 present3 independent · 25 days in between
    • 30 May 20253 of 3 present3 independent · 107 days in between
    • 11 Feb 20253 of 3 present3 independent

  • Nomination and remuneration committee

    Chair BHUPINDER SINGH

    ANOOP MICHRA, SUBHASH CHANDER GALHOTRA

    No meeting listed in the filing.

  • Stakeholders Relationship Committee

    Chair JAGVIR SINGH AHLUWALIA

    VIKRANT RAI MEHTA, HIMANSHU JAIN, SUBHASH CHANDER GALHOTRA

    No meeting listed in the filing.

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Mar 2025.

  • JAIN & ASSOCIATESPeer-review certificate valid to Apr 2026

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

Ind-Swift AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Ind-Swift share news and announcements

Meeting called by the tribunal, 22 Feb 2025

21,623 shareholders on the register on 15 Feb 2025; present: 25 promoters and 28 others; votes counted by CA SALIL YADAV / Salil Yadav, Practicing chartared Accountant.The company's voting result (opens in a new tab)

  1. To consider and, if thought fit, approve with or without modification, the arrangement embodied in the Scheme of Arrangement for Amalgamation of Ind-Swift Limited (Transferor Company) with Ind-Swift Laboratories Limited (Transferee Company) and their respective Shareholders and Creditors.MoreLess
    Special
    98.90% for1.10% against

    Against: promoters 0.00% · institutions 0.00% · other public 8.54%

    Turnout: all 63.77% · promoters 100.00% · institutions 0.00% · other public 18.44%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 30 Sep 2024, 5 resolutions

Present: 8 promoters and 33 others.The company's voting result (opens in a new tab)

  1. Adoption of Audited Standalone Financial StatementsnTo receive, consider and adopt the Audited StandalonenFinancial Statements of the Company for the financialnyear ended March 31, 2024, together with the Reports ofnthe Board of Directors and Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.03%

    Turnout: all 57.77% · promoters 94.46% · institutions 0.00% · other public 11.86%

  2. Adoption of Audited Consolidated Financial StatementsnTo receive, consider and adopt the Audited ConsolidatednFinancial Statements of the Company for the financialnyear ended March 31, 2024, together with the Report ofnthe Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.05%

    Turnout: all 57.77% · promoters 94.46% · institutions 0.00% · other public 11.86%

  3. To appoint a director in place of Sh. Sanjeev Rai Mehtan(DIN: 00005668) who retires by rotation and beingneligible, offers himself for re-appointment
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.05%

    Turnout: all 57.77% · promoters 94.46% · institutions 0.00% · other public 11.86%

  4. To appoint a director in place of Sh. Rishav Mehta (DIN:n03028663) who retires by rotation and being eligible,noffers himself for re-appointment.
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.05%

    Turnout: all 57.77% · promoters 94.46% · institutions 0.00% · other public 11.86%

  5. TO APPROVE THE REMUNERATION PAYABLE TO THE COST AUDITOR FOR THE FINANCIAL YEAR ENDING MARCH 31, 2025
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.05%

    Turnout: all 57.77% · promoters 94.46% · institutions 0.00% · other public 11.86%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 16 Jun 2024, 3 resolutions

The company's voting result (opens in a new tab)

  1. To appoint Sh. Prabhat Khurana (DIN:03289193) as annIndependent Director of the company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.03%

    Turnout: all 64.49% · promoters 99.96% · institutions 0.00% · other public 20.12%

  2. To appoint Sh. Subodh Gupta (DIN:01393423) as annIndependent Director of the company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.03%

    Turnout: all 64.49% · promoters 99.96% · institutions 0.00% · other public 20.12%

  3. To Approve Material Modification to the Approved Related PartynTransaction
    OrdinaryPromoters have an interest in it
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.03%

    Turnout: all 8.94% · promoters 0.00% · institutions 0.00% · other public 20.12%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 17 Mar 2024, 1 resolution

The company's voting result (opens in a new tab)

  1. TO APPROVE THE SALE OF EQUITY SHARES OF IND SWIFT LABORATORIES LIMITED AS A MATERIAL RELATED PARTY TRANSACTION
    OrdinaryPromoters have an interest in it
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.03%

    Turnout: all 9.36% · promoters 0.00% · institutions 0.00% · other public 21.06%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Extraordinary general meeting, 6 Oct 2023, 2 resolutions

Present: 14 promoters and 53 others.The company's voting result (opens in a new tab)

  1. TO CONSIDER AND APPROVE INCREASING THE BORROWING LIMITS OF THE COMPANY
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 68.04% · promoters 99.96% · institutions 0.00% · other public 28.12%

  2. TO APPROVE MATERIAL RELATED PARTY TRANSACTION
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 12.49% · promoters 0.00% · institutions 0.00% · other public 28.12%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 30 Sep 2023, 10 resolutions

Present: 20 promoters and 33 others.The company's voting result (opens in a new tab)

  1. To consider and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2023, the reports of Board of Directors and Auditors thereon.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.03%

    Turnout: all 64.28% · promoters 99.96% · institutions 0.00% · other public 19.64%

  2. TO CONSIDER AND ADOPT THE AUDITED CONSOLIDATED FINANCIAL STATEMENTS OF THE COMPANY FOR THE FINANCIAL YEAR ENDED MARCH 31, 2023, THE REPORT OF THE AUDITORS THEREON
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.03%

    Turnout: all 64.28% · promoters 99.96% · institutions 0.00% · other public 19.64%

  3. TO APPOINT A DIRECTOR IN PLACE OF SH. NAVRATTAN MUNJAL (DIN 00015096) WHO RETIRES BY ROTATION AND BEING ELIGIBLE, OFFERS HIMSELF FOR RE-APPOINTMENT
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.03%

    Turnout: all 64.28% · promoters 99.96% · institutions 0.00% · other public 19.64%

  4. TO APPOINT A DIRECTOR IN PLACE OF SH. HIMANSHU JAIN (DIN 00014533) WHO RETIRES BY ROTATION AND BEING ELIGIBLE, OFFERS HIMSELF FOR RE-APPOINTMENT
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.03%

    Turnout: all 64.28% · promoters 99.96% · institutions 0.00% · other public 19.64%

  5. TO APPROVE THE REMUNERATION PAYABLE TO THE COST AUDITOR FOR THE FINANCIAL YEAR ENDING ON 31ST MARCH, 2024
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.03%

    Turnout: all 64.28% · promoters 99.96% · institutions 0.00% · other public 19.64%

  6. TO APPROVE CONTINUATION OF SH. JAGVIR SINGH AHLUWALIA (DIN: 06930649) AS A NON-EXECUTIVE INDEPENDENT DIRECTOR OF THE COMPANY AFTER ATTAINING THE AGE OF 75 YEARS
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.03%

    Turnout: all 64.28% · promoters 99.96% · institutions 0.00% · other public 19.64%

  7. TO APPROVE THE PERIOD OF RE APPOINTMENT AND PAYMENT OF REMUNERATION OF SH. SANJEEV RAI MEHTA AS THE WHOLE TIME DIRECTOR DESIGNATED AS CHAIRMAN OF THE COMPANY FOR A FURTHER PERIOD OF 3 YEARS W.E.F 01.04.2024MoreLess
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.03%

    Turnout: all 64.28% · promoters 99.96% · institutions 0.00% · other public 19.64%

  8. TO APPROVE THE PERIOD OF RE-APPOINTMENT AND PAYMENT OF REMUNERATION OF DR. GOPAL MUNJAL AS THE MANAGING DIRECTOR AND CEO OF THE COMPANY FOR A FURTHER PERIOD OF 3 YEARS W.E.F 01.04.2024
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.03%

    Turnout: all 64.28% · promoters 99.96% · institutions 0.00% · other public 19.64%

  9. TO APPROVE THE PERIOD OF RE-APPOINTMENT AND PAYMENT OF REMUNERATION OF DR. VIKRANT RAI MEHTA AS THE JOINT MANAGING DIRECTOR OF THE COMPANY FOR A FURTHER PERIOD OF 3 YEARS W.E.F 01.04.2024
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.03%

    Turnout: all 64.28% · promoters 99.96% · institutions 0.00% · other public 19.64%

  10. TO APPROVE MATERIAL RELATED PARTY TRANSACTION
    OrdinaryPromoters have an interest in it
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.03%

    Turnout: all 8.72% · promoters 0.00% · institutions 0.00% · other public 19.64%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 21 Sep 2022, 7 resolutions

Present: 20 promoters and 17 others.The company's voting result (opens in a new tab)

  1. To consider and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2022, the reports of Board of Directors and Auditors thereon
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 64.41% · promoters 99.96% · institutions 0.00% · other public 19.93%

  2. To appoint a Director in place of Sh. Sanjeev Rai Mehta (DIN 00005668) who retires by rotation and being eligible, offers himself for re-appointment
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 51.70% · promoters 77.10% · institutions 0.00% · other public 19.93%

  3. To appoint a Director in place of Sh. Rishav Mehta (DIN 03028663) who retires by rotation and being eligible, offers himself for re- appointment
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.03%

    Turnout: all 51.70% · promoters 77.10% · institutions 0.00% · other public 19.93%

  4. To re-appoint Statutory Auditors and fix their remuneration
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 64.41% · promoters 99.96% · institutions 0.00% · other public 19.93%

  5. Ratification of remuneration of Cost Auditors of the Company for the year 2022-23
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 64.41% · promoters 99.96% · institutions 0.00% · other public 19.93%

  6. To Appoint Sh. Bhupinder Singh as an Independent Director of the Company for a term of 5 years w.e.f. 23rd June, 2022
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 64.41% · promoters 99.96% · institutions 0.00% · other public 19.93%

  7. To approve Material Related Party Transactions
    OrdinaryPromoters have an interest in it
    99.96% for0.04% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 8.85% · promoters 0.00% · institutions 0.00% · other public 19.93%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 29 Sep 2021, 11 resolutions

Present: 20 promoters and 15 others.The company's voting result (opens in a new tab)

  1. To Receive, consider, approve and adopt the financial statement of the Company for the year ended 31st March, 2021 and the report of the Auditor and Directors thereon
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 61.95% · promoters 99.47% · institutions 0.00% · other public 15.04%

  2. Re-appointment of Sh. Navrattan Munjal, Director who retire by rotation
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.07%

    Turnout: all 61.95% · promoters 99.47% · institutions 0.00% · other public 15.04%

  3. Re-appointment of Sh. Himanshu Jain, Director who retire by rotation
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.07%

    Turnout: all 61.95% · promoters 99.47% · institutions 0.00% · other public 15.04%

  4. Approval of remuneration of Cost Auditors for the Financial year 2021-22.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 61.95% · promoters 99.47% · institutions 0.00% · other public 15.04%

  5. Re-appointment of Dr. J K Kakkar as Indepedndent Director of the Company for second term
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 61.95% · promoters 99.47% · institutions 0.00% · other public 15.04%

  6. Re-appointment of Sh. S C Galhotra as Indepedndent Director of the Company for second term
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 61.95% · promoters 99.47% · institutions 0.00% · other public 15.04%

  7. Re-appointment of Ms. Anoop Michra as Indepedndent Director of the Company for second term
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 61.89% · promoters 99.47% · institutions 0.00% · other public 14.93%

  8. Re-appointment of Sh. J S Ahluwalia as Indepedndent Director of the Company for second term
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 61.95% · promoters 99.47% · institutions 0.00% · other public 15.04%

  9. To approve remuneration of Sh. Sanjeev Rai Mehta, Whole Time Director, designated as Chairman of the Company
    SpecialPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.07%

    Turnout: all 57.02% · promoters 90.60% · institutions 0.00% · other public 15.04%

  10. To approve remuneration of Dr. Gopal Munjal, Whole Time Director, designated as Managing Director & CEO of the Company
    SpecialPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 57.17% · promoters 90.60% · institutions 0.00% · other public 15.40%

  11. To approve remuneration of Dr. Vikrant Rai Mehta, Whole Time Director, designated as Joint Managing Director of the Company
    SpecialPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 57.61% · promoters 90.60% · institutions 0.00% · other public 16.38%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Tax disputes

Reported in the filing for the quarter to Jun 2025.

  • Tax disputeINCOME TAX DEPARTMENTSince 1 Apr 2014
    Appeal is pending with the Appellate Authority
    At the filing before: Demand is Nil against the addition made by Assessing officer for the AY 2011-12 and company is in Appeal against the order - Vide appeal No 6/2014-15 for the AY 2011-12 with CIT(A)
  • Tax disputeINCOME TAX DEPARTMENTSince 1 Apr 2014
    Appeal is pending with the Appellate Authority
    At the filing before: Demand is Nil against the addition made by Assessing officer for the AY 2012-13 and company is in Appeal against the order- Vide appeal No 7/2014-15 for the AY 2012-13 with CIT(A)
  • Tax disputeCommisssioner of Central ExciseSince 15 Mar 2016
    Appeal is pending with the Appellate Authority
    At the filing before: Demand on account of Cenvat credit amounting to Rs. 1.24 crores. Matter pending with CESTAT
  • Tax disputeCommisssioner of Central ExciseSince 18 May 2018
    Appeal is pending with the Appellate Authority
    At the filing before: Demand amounting to Rs. 6.63 lakhs on account of EXP-4 return under the Service Tax regime. Matter pending with CESTAT.
  • Tax disputeCommisssioner of Central ExciseSince 18 May 2018
    Appeal is pending with the Appellate Authority
    At the filing before: Demand on account of RCM under the Service Tax regime amounting to Rs. 3.71 lakhs. Matter pending with CESTAT
  • Tax disputeCommisssioner of Central ExciseSince 19 Dec 2018
    Appeal is pending with the Appellate Authority
    At the filing before: Demand on account of Cenvat credit amounting to Rs. 88.82 lakhs. Matter pending with CESTAT
  • Tax disputeUT,ChandigarhSince 14 Jan 2019
    Appeal is pending adjudication before Hon'ble VAT Tribunal and is fixed for Arguments on next date i.e. 31 July 25
    At the filing before: Demand of Rs. 66.33 crores (52 Crores is on account of interest and penalty) on account of rejection of Input Credit of VAT in FY 2011-12. The company has filed an appeal which is now pending adjudication before Hon'ble VAT Tribunal and is fixed for Arguments on next date i.e. 31 July 2025MoreLess
  • Tax disputeCommisssioner of Central ExciseSince 26 Aug 2019
    Appeal is pending with the Appellate Authority
    At the filing before: Demand on account of RCM under the Service Tax regime amounting to Rs. 7.23 lakhs. Matter pending with CESTAT
7 more
  • Tax disputeUnion of India Thru GST CommissionerSince 21 Nov 2020
    The matter is Sub-Judice before the Hon'ble High Court
    At the filing before: Demand amounting Rs. 84.88 Lakhs on account of revenue neutral issue of PLA balance taken as Input credit during transition. Writ filed with Hon'ble Jammu & Kashmir High Court is currently pending
  • Tax disputeINCOME TAX DEPARTMENTSince 5 May 2021
    Appeal is pending with the Appellate Authority
    At the filing before: Demand is Nil against the addition made by Assessing officer for the AY 2018-19 and company is in Appeal against the order- Vide appeal No 348161281050521 for the AY 2018-19 with CIT(A)
  • Tax disputeINCOME TAX DEPARTMENTSince 2 Feb 2022
    The matter is Sub-Judice before the Hon'ble High Court
    At the filing before: Writ Petition Filed In Hon'Able High Court of Punjab and Haryana Against The Notice Received Under Section 148 CWP No 2014/2022 For The AY 2013-14
  • Tax disputeINCOME TAX DEPARTMENTSince 18 Feb 2022
    The matter is Sub-Judice before the Hon'ble High Court
    At the filing before: Writ Petition CWP No 3287/2022 Filed In Hon'Able High Court of Punjab and Haryana Against The Notice Received Under Section 148 for AY 2015-16
  • Tax disputeState of Punjab Thru State Tax officerSince 7 Feb 2023
    Appeal is pending with the Appellate Authority
    At the filing before: Demand amounting to Rs. 27.54 lakhs related to incorrect HSN code. Matter currently pending at JC Punjab (Appeals)
  • Tax disputeUT,ChandigarhSince 14 Nov 2023
    Appeal is pending with the Appellate Authority
    At the filing before: Demand due to C Form Pendency of FY 15-16. Case currently pending at DETC Appeal. Amount involved is Rs. 1.39 lakhs
  • Tax disputeState of Bihar Through Deputy Commissioner State TaxSince 4 Dec 2023
    Matter pending with Additional Commissioner, Bihar
    At the filing before: Demand on account of reconciliation. Matter pending with Additional Commissioner, Bihar. Amount involved is Rs. 5.02 lakhs

In the company's own words, from its latest governance filing.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

None open at any quarter's end.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
No
The chair is related to the managing director
Yes
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
Yes
There was a cyber security incident in the quarter
No

The company's own answers in its filing.