Integrated Governance

Just Dial Limited

General information about company
Scrip code	535648
NSE Symbol	JUSTDIAL
MSEI Symbol	JUSTDIAL
ISIN	INE599M01018
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?	true
Whether Annexure I (Part B) of the SEBI Circular dated December 31, 2024 related to Investor Grievance Redressal Report is Applicable to the entity?	true
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?	false	Not Applicable
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?	true
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?	true
Risk management committee	true
Market Capitalisation as per immediate previous Financial Year	Top 1000 listed entities
Is SCORE ID Available ?	true
SCORE Registration ID	j00359, dimple012
Reason For No SCORE ID
Type of Submission	Original
Remarks (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						true
Whether Chairperson is related to MD or CEO						false	Disqualification of Directors under section 164 of the Companies Act, 2013
Sr no.	Title(Mr/Ms)	Name of the Director	Category 1 of directors	Category 2 of directors	Category 3 of directors	Whether the director is disqualified?	Start Date of disqualification	End Date of disqualification	Details of disqualification	Current status	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(Refer Regulation 17A(1) of Listing Regulations	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	Mr	Krishnan Sudarshan	Non-Executive - Independent Director	Chairperson		false				Active	NA		01-10-2024	01-10-2024		18	3	2	9	0
2	Mr	Venkatachalam Sthanu Subramani	Executive Director	Not Applicable	CEO-MD	false				Active	NA		05-12-2006				1	0	2	0
3	Mr	Ranjit Vasant Pandit	Non-Executive - Independent Director	Not Applicable		false				Active	NA		01-09-2021	01-09-2021		55	2	2	3	2
4	Ms	Bhama Krishnamurthy	Non-Executive - Independent Director	Not Applicable		false				Active	NA		01-04-2024	01-04-2024		24	5	5	8	0
5	Mr	Jain Dipak Chand	Non-Executive - Independent Director	Not Applicable		false				Active	NA		01-10-2024	01-10-2024		18	2	2	7	2
6	Mr	Venkatachalam Subramaniam	Non-Executive - Non Independent Director	Not Applicable		false				Active	NA		01-09-2021	30-09-2021			1	0	3	2
7	Mr	Ashwin Ahamendra Khasgiwala	Non-Executive - Non Independent Director	Not Applicable		false				Active	NA		01-09-2021	30-09-2021			1	0	1	1
8	Ms	Geeta Kalyandas Fulwadaya	Non-Executive - Non Independent Director	Not Applicable		false				Active	NA		01-09-2021	30-09-2021			3	0	1	0
9	Mr	Anshuman Thakur	Non-Executive - Non Independent Director	Not Applicable		false				Active	NA		13-01-2023	01-04-2023			2	0	3	0
10	Mr	Dinesh Taluja	Non-Executive - Non Independent Director	Not Applicable		false				Active	NA		13-01-2023	01-04-2023			1	0	3	1

Annexure I

Disclosure of notes on composition of committees explanatory

Audit Committee Details
Whether the Audit Committee has a Regular Chairperson						true
Sr	Name of Committee members	Category 1 of directors	Category 2 of directors	Date of Appointment	Date of Cessation	Remarks
1	Ranjit Vasant Pandit	Non-Executive - Independent Director	Chairperson	20-10-2021
2	Venkatachalam Sthanu Subramani	Executive Director	Member	27-01-2016
3	Bhama Krishnamurthy	Non-Executive - Independent Director	Member	01-10-2024
4	Jain Dipak Chand	Non-Executive - Independent Director	Member	01-10-2024
5	Krishnan Sudarshan	Non-Executive - Independent Director	Member	01-10-2024
6	Venkatachalam Subramaniam	Non-Executive - Non Independent Director	Member	20-10-2021

Nomination and remuneration committee
Whether the Nomination and remuneration committee has a Regular Chairperson						true
Sr	Name of Committee members	Category 1 of directors	Category 2 of directors	Date of Appointment	Date of Cessation	Remarks
1	Jain Dipak Chand	Non-Executive - Independent Director	Chairperson	01-10-2024
2	Bhama Krishnamurthy	Non-Executive - Independent Director	Member	01-10-2024
3	Krishnan Sudarshan	Non-Executive - Independent Director	Member	01-10-2024
4	Ashwin Ahamendra Khasgiwala	Non-Executive - Non Independent Director	Member	20-10-2021

Stakeholders Relationship Committee
Whether the Stakeholders Relationship Committee has a Regular Chairperson						true
Sr	Name of Committee members	Category 1 of directors	Category 2 of directors	Date of Appointment	Date of Cessation	Remarks
1	Jain Dipak Chand	Non-Executive - Independent Director	Chairperson	01-10-2024
2	Venkatachalam Sthanu Subramani	Executive Director	Member	02-08-2011
3	Bhama Krishnamurthy	Non-Executive - Independent Director	Member	01-10-2024
4	Dinesh Taluja	Non-Executive - Non Independent Director	Member	17-04-2023

Risk Management Committee
Whether the Risk Management Committee has a Regular Chairperson						true
Sr	Name of Committee members	Category 1 of directors	Category 2 of directors	Date of Appointment	Date of Cessation	Remarks
1	Bhama Krishnamurthy	Non-Executive - Independent Director	Chairperson	01-10-2024
2	Venkatachalam Sthanu Subramani	Executive Director	Member	01-10-2024
3	Krishnan Sudarshan	Non-Executive - Independent Director	Member	01-10-2024
4	Dinesh Taluja	Non-Executive - Non Independent Director	Member	17-04-2023

Corporate Social Responsibility Committee
Whether the Corporate Social Responsibility Committee has a Regular Chairperson						true
Sr	Name of Committee members	Category 1 of directors	Category 2 of directors	Date of Appointment	Date of Cessation	Remarks
1	Krishnan Sudarshan	Non-Executive - Independent Director	Chairperson	01-10-2024
2	Venkatachalam Sthanu Subramani	Executive Director	Member	12-05-2014
3	Jain Dipak Chand	Non-Executive - Independent Director	Member	01-10-2024
4	Ashwin Ahamendra Khasgiwala	Non-Executive - Non Independent Director	Member	20-10-2021

Annexure I
III. Meeting of Board of Directors
Disclosure of notes on meeting of board of directors explanatory
Sr	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)	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	13-10-2025			true	10	10	4
2	13-01-2026	91		true	10	9	3

Annexure I
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	Reson 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	13-10-2025				true	6	6	4	0
2	Audit Committee	13-01-2026	91			true	6	5	3	0
3	Stakeholders Relationship Committee	13-10-2025				true	4	4	2	0
4	Risk Management Committee	13-10-2025				true	4	4	2	0
5	Risk Management Committee	27-03-2026	164			true	4	4	2	0
6	Corporate Social Responsibility Committee	13-10-2025				true	4	4	2	0
7	Corporate Social Responsibility Committee	13-01-2026	91			true	4	4	2	0

Annexure I
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	true
2	The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015 a. Audit Committee	true
3	The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. b. Nomination & remuneration committee	true
4	The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. c.Stakeholders relationship committee	true
5	The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. d. Risk management committee (applicable 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.	true
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.	true
8	This report and/or the report submitted in the previous quarter has been placed before Board of Directors.	true
9	Any comments/observations/advice of Board of Directors may be mentioned here:

Annexure I
Sr	Subject	Compliance status
1	Name of signatory	Manan Udani
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		false
Other details of cyber security incidence or breaches or loss of data event
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
No records available

Annexure II
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	Item	Compliance status (Yes/No/NA)	If status is 'No' details of non-compliance may be given here.	Web address
1.1	Details of business	Yes		https://www.justdial.com/cms/investor-relations
1.2	Memorandum of Association and Articles of Association	Yes		https://www.justdial.com/cms/investors/justdial-justdial-moa-aoa
1.3	Brief profile of board of directors including directorship and full-time positions in body corporates	Yes		https://www.justdial.com/cms/investor-relations/board-of-directors
2	Terms and conditions of appointment of independent directors	Yes		https://www.justdial.com/cms/investors/justdial-terms-and-conditions-of-appointment-of-the-independent-directors
3	Composition of various committees of board of directors	Yes		https://www.justdial.com/cms/investor-relations/committees
4	Code of conduct of board of directors and senior management personnel	Yes		https://www.justdial.com/cms/investors/justdial-code-of-conduct
5	Details of establishment of vigil mechanism/ Whistle Blower policy	Yes		https://www.justdial.com/cms/investors/justdial-whistle-blower-policy
6	Criteria of making payments to non-executive directors	Yes		https://www.justdial.com/cms/investors/justdial-nomination-and-remuneration-policy
7	Policy on dealing with related party transactions	Yes		https://www.justdial.com/cms/investors/justdial-policy-on-materiality-of-related-party-transactions-and-dealing-with-related-party-transactions
8	Policy for determining 'material' subsidiaries	Yes		https://www.justdial.com/cms/investors/justdial-policy-for-determining-material-subsidiary
9	Details of familiarization programmes imparted to independent directors	Yes		https://www.justdial.com/cms/investors/justdial-familiarisation-programme-for-independent-directors
10	Email address for grievance redressal and other relevant details	Yes		https://www.justdial.com/cms/investor-relations/grievance-redressal
11	Contact information of the designated officials of the listed entity who are responsible for assisting and handling investor grievances	Yes		https://www.justdial.com/cms/investor-relations/contact-us
12	Financial results	Yes		https://www.justdial.com/cms/investor-relations/financial-results
13	Shareholding pattern	Yes		https://www.justdial.com/cms/investor-relations/share-holding-pattern
14	Details of agreements entered into with the media companies and/or their associates	NA
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.	Yes		https://www.justdial.com/cms/investor-relations/schedule-of-analysts-investors-meet https://www.justdial.com/cms/investor-relations/company-presentation
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	Yes		https://www.justdial.com/cms/investor-relations/earnings-call-recordings https://www.justdial.com/cms/investor-relations/earnings-call-transcripts
16	New name and the old name of the listed entity	NA
17	Advertisements as per regulation 47 (1)	Yes		https://www.justdial.com/cms/investor-relations/statutory-ads
18	Credit rating or revision in credit rating obtained	NA
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		https://www.justdial.com/cms/investor-relations/secretarial-compliance-report
21	Materiality Policy as per Regulation 30 (4)	Yes		https://www.justdial.com/cms/investors/justdial-policy-for-determining-materiality-of-information-or-events
22	Disclosure of contact details of KMP who are authorized for the purpose of determining materiality as required under regulation 30(5)	Yes		https://www.justdial.com/cms/investor-relations/authorisation-for-determining-materiality-of-an-event-or-information
23	Disclosures under regulation 30(8)	Yes		https://www.justdial.com/cms/investor-relations/events-or-information-under-regulation-30
24	Statements of deviation(s) or variations(s) as specified in regulation 32	NA
25	Dividend Distribution policy as per Regulation 43A(1)	Yes		https://www.justdial.com/cms/investors/justdial-dividend-distribution-policy
26.1	Annual return as provided under section 92 of the Companies Act, 2013	Yes		https://www.justdial.com/cms/investor-relations/annual-returns
26.2	Employee Benefit scheme documents framed in terms of SEBI (SBEB) Regulations, 2021	Yes		https://www.justdial.com/cms/investor-relations/employee_stock_option_scheme
27	Confirmation that the above disclosures are in a separate section as specified in regulation 46(2)	Yes		https://www.justdial.com/cms/investor-relations/disclosures-under-regulation-of-the-lodr
28	Compliance with regulation 46(3) with respect to accuracy of disclosures on the website and timely updating	Yes		https://www.justdial.com
29	Disclosure of notes on website in terms of Listing Regulations explanatory [Text Block]

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
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
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
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)	NA
39	Meeting of independent directors	25(3) & (4)	Yes
40	Familiarization of independent directors	25(7)	Yes
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)	NA
Any other information to be provided

Annexure II
1	Name of signatory	Manan Udani
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	Yes
Any other information to be provided		Textual Information(1)

Text Block

Textual Information(1)

The Company has a Policy on Material Subsidiaries. However, the Company does not have any subsidiary.

Annexure II
1	Name of signatory	Manan Udani
2	Designation	Company Secretary and Compliance Officer

Signatory Details
Name of signatory	Manan Udani
Designation of person	Company Secretary and Compliance Officer
Place	Mumbai
Date	30-04-2026

Additional Half yearly Disclosure DISCLOSURE OF LOANS / GUARANTEES / COMFORT LETTERS / SECURITIES ETC. (applicable only for half-yearly filings)
Any Other Information for Disclosure of Loans / Guarantees / Comfort Letters / Securities Etc.			Textual Information(1)
I. Disclosure of Loans/ guarantees/comfort letters /securities etc.
(A)Any loan or any other form of debt advanced by the listed entity directly or indirectly to
Entity	Aggregate amount advanced during six months	Balance outstanding at the end of six months
Promoter or any other entity controlled by them	0	0
Promoter Group or any other entity controlled by them	0	0
Directors (including relatives) or any other entity controlled by them	0	0
KMPs or any other entity controlled by them	0	0
(B) Any guarantee / comfort letter (by whatever name called) provided by the listed entity directly or indirectly, in connection with any loan(s) or any other form of debt availed By
Entity	Type (guarantee, comfort letter etc.)	Aggregate amount of issuance during six months	Balance outstanding at the end of six months(taking into account any invocation)
Promoter or any other entity controlled by them	NA	0	0
Promoter Group or any other entity controlled by them	NA	0	0
Directors (including relatives) or any other entity controlled by them	NA	0	0
KMPs or any other entity controlled by them	NA	0	0
(C) Any security provided by the listed entity directly or indirectly, in connection with any loan(s) or any other form of debt availed by
Entity	Type of security (cash, shares etc.)	Aggregate value of security provided during six months	Balance outstanding at the end of six months
Promoter or any other entity controlled by them	NA	0	0
Promoter Group or any other entity controlled by them	NA	0	0
Directors (including relatives) or any other entity controlled by them	NA	0	0
KMPs or any other entity controlled by them	NA	0	0
(D) Additional Information
II. Affirmations
Affirmations	Compliance Status	Company Remarks
All loans (or other form of debt), guarantees, comfort letters (by whatever name called) or securities in connection with any loan(s) (or other form of debt) given directly or indirectly by the listed entity to promoter(s), promoter group, director(s) (including their relatives), key managerial personnel (including their relatives) or any entity controlled by them are in the economic interest of the company.	true
Name		Venkatachalam Sthanu Subramani
Designation		CEO
Place		Mumbai
Date		30-04-2026

Text Block

Textual Information(1)

No loans (or other form of debt), guarantees, comfort letters (by whatever name called) or securities in connection with any loan(s) (or other form of debt) have been given directly or indirectly by the Company to promoter(s), promoter group, director(s) (including their relatives), key managerial personnel (including their relatives) or any entity controlled by them.

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 Acquisition of Shares or Voting Rights in Unlisted Companies-The details of acquisition of shares or voting rights in unlisted companies during the quarter in terms of sub-para 1 of para A of Part A of Schedule III are given below:
Any Other Information for Disclosure of Acquisition of Shares or Voting Rights in Unlisted Companies
Sr.No.	Name of the unlisted company in which shares or voting rights have been acquired	Date of acquisition	Aggregate holding (% shares or voting rights) as at the end of the previous quarter	% shares or voting rights acquired during the quarter	Aggregate holding (% shares or voting rights) as at the end of the quarter
No records available

Disclosure of Imposition of Fine or Penalty The details of imposition of fine or penalty during the quarter in terms of sub-para 20 of para A of Part A of Schedule III are given below:)
Any Other Information for Disclosure of Imposition of Fine or Penalty
Sr.No.	Name of the authority	Nature and details of the action(s) taken or order(s) passed	Date of receipt of direction or order, including any ad interim or interim orders, or any other communication from the authority	Details of the violation(s)/ contravention(s) committed or alleged to be committed	Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible
1	Assistant Commissioner of Commercial Taxes, LGSTO-21, Cunningham Road, Bengaluru	Penalty of Rs. 10,000/- under Section 7(3) read with Section 10(2), 12 & Read with Rule 19(3-A), 23(1) of the Karnataka Tax on Professions, Trades, Callings and Employments Tax Act, 1976 was levied on the Company vide notice dated January 13, 2026.	13-01-2026	The notice has been passed alleging non-payment of Profession Tax (PTEC) for the additional place of businesses of Karnataka for year 2024-25.	The financial impact of the notice is to the extent of the penalty levied. There is no impact on operations or other activities of the Company due to the Notice.

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	Assistant Commissioner of State Tax, Mazgaon, Mumbai	26-12-2025	The Company has received an order dated December 26, 2025 (“Order”) from the Assistant Commissioner of State Tax, Mazgaon, Mumbai, imposing on the Company a penalty of Rs. 6.62 crore under Section 74 of the Central Goods and Services Tax Act, 2017 and the Maharashtra Goods and Services Tax Act, 2017. The Order has been passed alleging excess availment of input tax credit by the Company on common services during the FY 2018-19. The Order also provides for demand of additional tax amount along with applicable interest aggregating Rs. 15.21 crore. The Company intends to file an appeal against the Order.	The Company has filed an Appeal with State Appellate Authority on March 20, 2026.
2	Assistant Commissioner of State Tax, Mazgaon, Mumbai	24-03-2026	The Company has received an order dated March 24, 2026 (“Order”) from the Assistant Commissioner of State Tax, Mazgaon, Mumbai, imposing on the Company a penalty of Rs. 8.74 crore under Section 74 of the Central Goods and Services Tax Act, 2017 and the Maharashtra Goods and Services Tax Act, 2017. The Order has been passed alleging excess availment of input tax credit by the Company on common services during the FY 2019-20. The Order also provides for demand of additional tax amount along with applicable interest aggregating Rs. 18.89 crore. The Company intends to file an appeal against the Order.	No further update to the disclosure made on March 25, 2026.