General information about company

Scrip code544339
NSE SymbolLAXMIDENTL
MSEI SymbolNOTLISTED
ISININE0WO601020
Name of the entityLAXMI DENTAL LIMITED
Date of start of financial year01-04-2024
Date of end of financial year31-03-2025
Reporting Quarter TypeYearly
Date of Quarter Ending31-03-2025
Type of companyEquity
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?NoThere were no acquisitions of shares or voting rights in the unlisted companies during the quarter ended 31st March 2025 in terms of sub para 1 of Part A of Schedule III of SEBI (LODR), Regulation, 2015.
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?Yes
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?NoThere are no ongoing tax litigations for the Company for the period under period.
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?Yes
Risk management committeeNot Applicable
Market Capitalisation as per immediate previous Financial YearAny other
Is SCORE ID Available ?Yes
SCORE Registration ID coml00286
Reason For No SCORE ID
Type of SubmissionOriginal
Remarks (website dissemination)Integrated Corporate Governance for the Quarter ended March 31, 2025
Remarks for Exchange (not for Website Dissemination)There are no ongoing tax litigation in the Company for the reporting period.



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 ChairpersonYes
Whether Chairperson is related to MD or CEOYes
SrTitle (Mr / Ms)Name of the DirectorPANDINCategory 1 of directorsCategory 2 of directorsCategory 3 of directors Date of Birth
1MrRAJESH VRAJLAL KHAKHARAAHPK4847J00679903Executive DirectorChairperson related to Promoter30-04-1969
2MrSAMEER KAMLESH MERCHANTAHZPM1271H00679893Executive DirectorNot ApplicableCEO-MD01-10-1982
3MrsSUMONA CHAKRABORTYAHYPC4921H09597426Non-Executive - Nominee DirectorNot Applicable10-01-1988
4MrsANJANA GREWALAFNPG6211K06896404Non-Executive - Independent DirectorNot Applicable01-11-1953
5MrRAJESH SHASHIKANT DALALAARPD5462C03504969Non-Executive - Independent DirectorNot Applicable12-09-1953
6MrDEVESH GHANSHYAM CHAWLAAGUPC8526F07027650Non-Executive - Independent DirectorNot Applicable02-09-1985

I. Composition of Board of Directors

Disqualification of Directors under section 164 of the Companies Act, 2013

SrWhether the director is disqualified?Start Date of disqualificationEnd Date of disqualificationDetails of disqualificationCurrent status
1NoActive
2NoActive
3NoActive
4NoActive
5NoActive
6NoActive

I. Composition of Board of Directors

SrWhether special resolution passed? [Refer Reg. 17(1A) of Listing Regulations]Date of passing special resolutionInitial Date of appointmentDate of Re-appointmentDate of cessationTenure 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 CessationNotes for not providing PANNotes for not providing DIN
1NA08-07-200413-08-20241010
2NA08-07-200413-08-20241020
3NA30-08-202303-09-20242000
4Yes16-08-202420-07-202420-07-20248.121110
5Yes16-08-202420-07-202420-07-20248.123361
6NA20-07-202420-07-20248.121122



Audit Committee Details

Whether the Audit Committee has a Regular ChairpersonYes
SrDIN NumberName of Committee membersCategory 1 of directorsCategory 2 of directorsDate of Appointment Date of CessationRemarks
107027650DEVESH GHANSHYAM CHAWLANon-Executive - Independent DirectorChairperson07-08-2024
200679893SAMEER KAMLESH MERCHANTExecutive DirectorMember07-08-2024
303504969RAJESH SHASHIKANT DALALNon-Executive - Independent DirectorMember07-08-2024
406896404ANJANA GREWALNon-Executive - Independent DirectorMember07-08-2024


Nomination and remuneration committee

Whether the Nomination and remuneration committee has a Regular ChairpersonYes
SrDIN NumberName of Committee membersCategory 1 of directorsCategory 2 of directorsDate of Appointment Date of CessationRemarks
103504969RAJESH SHASHIKANT DALALNon-Executive - Independent DirectorChairperson07-08-2024
209597426SUMONA CHAKRABORTYNon-Executive - Nominee DirectorMember07-08-2024
307027650DEVESH GHANSHYAM CHAWLANon-Executive - Independent DirectorMember07-08-2024


Stakeholders Relationship Committee

Whether the Stakeholders Relationship Committee has a Regular ChairpersonYes
SrDIN NumberName of Committee membersCategory 1 of directorsCategory 2 of directorsDate of Appointment Date of CessationRemarks
107027650DEVESH GHANSHYAM CHAWLANon-Executive - Independent DirectorChairperson07-08-2024
200679903RAJESH VRAJLAL KHAKHARExecutive DirectorMember07-08-2024
300679893SAMEER KAMLESH MERCHANTExecutive DirectorMember07-08-2024


Risk Management Committee

Whether the Risk Management Committee has a Regular Chairperson
SrDIN NumberName of Committee membersCategory 1 of directorsCategory 2 of directorsDate of Appointment Date of CessationRemarks


Corporate Social Responsibility Committee

Whether the Corporate Social Responsibility Committee has a Regular Chairperson
SrDIN NumberName of Committee membersCategory 1 of directorsCategory 2 of directorsDate of Appointment Date of CessationRemarks


Other Committee

SrDIN NumberName of Committee membersName of other committeeCategory 1 of directorsCategory 2 of directorsRemarks
100679903RAJESH VRAJLAL KHAKHARIPO CommitteeExecutive DirectorChairpersonTextual Information(1)
200679893SAMEER KAMLESH MERCHANTIPO CommitteeExecutive DirectorMemberTextual Information(2)
306896404ANJANA GREWALIPO CommitteeNon-Executive - Independent DirectorMemberTextual Information(3)

Other Committee Text Block

Textual Information(1)The IPO Commitee gets dessolved by the Board of Directors in its meeting dated February 13, 2025 as the Company gets listed on January 20, 2025 and the objective of this committee is already attained.
Textual Information(2)The IPO Commitee gets dessolved by the Board of Directors in its meeting dated February 13, 2025 as the Company gets listed on January 20, 2025 and the objective of this committee is already attained.
Textual Information(3)The IPO Commitee gets dessolved by the Board of Directors in its meeting dated February 13, 2025 as the Company gets listed on January 20, 2025 and the objective of this committee is already attained.



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 quarterDate(s) of meeting (if any) in the current quarterMaximum gap between any two consecutive (in number of days)Notes for not providing DateWhether requirement of Quorum met (Yes/No)Total Number of Directors as on date of the meetingNumber of Directors present* (All directors including Independent Director)No. of Independent Directors attending the meeting*
123-10-2024Yes652
213-12-202450Yes663
327-12-202413Yes663
429-12-20241Yes632
507-01-20258Yes663
615-01-20257Yes663
713-02-202528Yes663
821-03-202535Yes663



Annexure 1

IV. Meeting of Committees

Disclosure of notes on meeting of committees explanatory Textual Information(1)
SrName of CommitteeDate(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 committeeReason for not providing dateWhether requirement of Quorum met (Yes/No)Total Number of Directors in the Committee as on date of the meetingNumber 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)
1Audit Committee13-12-2024Yes4430
2Audit Committee27-12-202413Yes4430
3Audit Committee07-01-202510Yes4430
4Audit Committee13-02-202536Yes4430
5Audit Committee21-03-202535Yes4430
6Nomination and remuneration committee13-12-2024Yes3320



Annexure 1

IV. Meeting of Committees

SrName of CommitteeDate(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 committeeReason for not providing dateWhether requirement of Quorum met (Yes/No)Total Number of Directors in the Committee as on date of the meetingNumber 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)
7Other Committee10-01-202527IPO CommitteeYes3300
8Other Committee16-01-20255IPO CommitteeYes3300
9Stakeholders Relationship Committee22-03-202564Yes3310



Text Block

Textual Information(1)Note for IPO Committee - The IPO Committee formed on August 07, 2024 for the purpose of Initial Public Offer of equity shares and listing of the same on the recognized stock exchanges. Since, the equity shares of the Company got listed on the Stock Exchanges on January 20, 2025, the purpose of the IPO Committee was duly achieved and the committee was dissolved by the Board of Directors in their meeting held on February 13, 2025 with immediate effect.



Annexure 1

V. Affirmations

SrSubjectCompliance status (Yes/No)
1The composition of Board of Directors is in terms of SEBI (Listing obligations and disclosure requirements) Regulations, 2015Yes
2The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015 a. Audit CommitteeYes
3The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. b. Nomination & remuneration committeeYes
4The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. c. Stakeholders relationship committeeYes
5The 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)NA
6The committee members have been made aware of their powers, role and responsibilities as specified in SEBI (Listing obligations and disclosure requirements) Regulations, 2015.Yes
7The 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
8This report and/or the report submitted in the previous quarter has been placed before Board of Directors.No
9Any comments/observations/advice of Board of Directors may be mentioned here:Textual Information(1)

Annexure 1

SrSubjectCompliance status
1Name of signatoryNUPUR JOSHI
2DesignationCompany Secretary and Compliance Officer



Text Block

Textual Information(1)The Company got listed on BSE and NSE on January 20, 2025. Accordingly, the Company is filing the Integrated Governance Report for the first time and hence the said report will be placed before the Board of Directors in the upcoming Board Meeting of the Company.



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

SrItemCompliance 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:
1.1Details of businessYeshttps://www.laxmidentallimited.com/business
1.2Memorandum of Association and Articles of AssociationYeshttps://www.laxmidentallimited.com/MOA_and_AOA
1.3Brief profile of board of directors including directorship and full-time positions in body corporatesYeshttps://www.laxmidentallimited.com/Board-of-Directors-and-KMPs
2Terms and conditions of appointment of independent directorsYeshttps://www.laxmidentallimited.com/corporate_governance
3Composition of various committees of board of directorsYeshttps://www.laxmidentallimited.com/corporate_governance
4Code of conduct of board of directors and senior management personnelYeshttps://www.laxmidentallimited.com/corporate_governance/policies
5Details of establishment of vigil mechanism/ Whistle Blower policyYeshttps://www.laxmidentallimited.com/corporate_governance/policies
6Criteria of making payments to non-executive directorsYeshttps://www.laxmidentallimited.com/corporate_governance/policies
7Policy on dealing with related party transactionsYeshttps://www.laxmidentallimited.com/corporate_governance/policies
8Policy for determining ‘material’ subsidiariesYeshttps://www.laxmidentallimited.com/corporate_governance/policies
9Details of familiarization programmes imparted to independent directorsYeshttps://www.laxmidentallimited.com/corporate_governance/policies
10Email address for grievance redressal and other relevant detailsYeshttps://www.laxmidentallimited.com/corporate_governance
11Contact information of the designated officials of the listed entity who are responsible for assisting and handling investor grievancesYeshttps://www.laxmidentallimited.com/corporate_governance
12Financial resultsYeshttps://www.laxmidentallimited.com/financials
13Shareholding patternYeshttps://www.laxmidentallimited.com/shareholding_pattern
14Details of agreements entered into with the media companies and/or their associatesNA

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.Yeshttps://www.laxmidentallimited.com/disclosure-under-regulation-46-of-sebi-lodr-regulations-2015
15.2Audio recordings, video recordings, if any, and transcripts of post earnings or quarterly calls, by whatever name called, conducted physically or through digital meansYeshttps://www.laxmidentallimited.com/disclosure-under-regulation-46-of-sebi-lodr-regulations-2015
16New name and the old name of the listed entityYeshttps://www.laxmidentallimited.com/Material_Documents
17Advertisements as per regulation 47 (1)Yeshttps://www.laxmidentallimited.com/disclosure-under-regulation-46-of-sebi-lodr-regulations-2015
18Credit rating or revision in credit rating obtainedNA
19Separate audited financial statements of each subsidiary of the listed entity in respect of a relevant financial yearYeshttps://www.laxmidentallimited.com/financials/audited_financial_statements_of_material_subisidiaries
20Secretarial Compliance ReportNA
21Materiality Policy as per Regulation 30 (4)Yeshttps://www.laxmidentallimited.com/offer_documents
22Disclosure of contact details of KMP who are authorized for the purpose of determining materiality as required under regulation 30(5)Yeshttps://www.laxmidentallimited.com/disclosure-under-regulation-46-of-sebi-lodr-regulations-2015
23Disclosures under regulation 30(8)Yeshttps://www.laxmidentallimited.com/Disclosures-under-sub-regulation-(8)-of-Regulation-30
24Statements of deviation(s) or variations(s) as specified in regulation 32NA
25Dividend Distribution policy as per Regulation 43A(1)Yeshttps://www.laxmidentallimited.com/corporate_governance/policies
26.1Annual return as provided under section 92 of the Companies Act, 2013Yeshttps://www.laxmidentallimited.com/corporate_governance
26.2Employee Benefit scheme documents framed in terms of SEBI (SBEB) Regulations, 2021Yeshttps://www.laxmidentallimited.com/Material_Documents
27Confirmation that the above disclosures are in a separate section as specified in regulation 46(2)Yeshttps://www.laxmidentallimited.com/disclosure-under-regulation-46-of-sebi-lodr-regulations-2015
28Compliance with regulation 46(3) with respect to accuracy of disclosures on the website and timely updatingYeshttps://www.laxmidentallimited.com/disclosure-under-regulation-46-of-sebi-lodr-regulations-2015
Disclosure of notes on website in terms of Listing Regulations explanatory [Text Block]Textual Information(1)


Text Block

Textual Information(1)Despite not being among the top 1000 listed entities based on market capitalization as the Company got listed on January 20, 2025, the company has implemented a Dividend Distribution Policy.



Annexure II

II. Annual Affirmations

SrParticularsRegulation NumberCompliance status (Yes/No/NA)If status is “No” details of non-compliance may be given here.
1Independent director(s) have been appointed in terms of specified criteria of ‘independence’ and/or ‘eligibility’16(1)(b)Yes
2Board composition17(1), 17(1A) & 17(1C), 17(1D) & 17(1E)Yes
3Meeting of Board of directors17(2)Yes
4Quorum of Board meeting17(2A)Yes
5Review of Compliance Reports17(3)Yes
6Plans for orderly succession for appointments17(4)Yes
7Code of Conduct17(5)Yes
8Fees/compensation17(6)Yes
9Minimum Information17(7)Yes
10Compliance Certificate17(8)Yes

Annexure II

II. Annual Affirmations

SrParticularsRegulation NumberCompliance status (Yes/No/NA)If status is “No” details of non-compliance may be given here.
11Risk Assessment & Management17(9)Yes
12Performance Evaluation of Independent Directors17(10)Yes
13Recommendation of Board17(11)Yes
14Maximum number of Directorships17AYes
15Composition of Audit Committee18(1)Yes
16Meeting of Audit Committee18(2)Yes
17Role of Audit Committee and information to be reviewed by the audit committee18(3)Yes
18Composition of nomination & remuneration committee19(1) & (2)Yes
19Quorum of Nomination and Remuneration Committee meeting19(2A)Yes
20Meeting of Nomination and Remuneration Committee19(3A)Yes

Annexure II

II. Annual Affirmations

SrParticularsRegulation NumberCompliance status (Yes/No/NA)If status is “No” details of non-compliance may be given here.
21Role of Nomination and Remuneration Committee19(4)Yes
22Composition of Stakeholder Relationship Committee20(1), 20(2) & 20(2A)Yes
23Meeting of Stakeholders Relationship Committee20(3A)Yes
24Role of Stakeholders Relationship Committee20(4)Yes
25Composition and role of risk management committee21(1),(2),(3),(4)NA
26Meeting of Risk Management Committee21(3A)NA
27Quorum of Risk Management Committee meeting21(3B)NA
28Gap between the meetings of the Risk Management Committee21(3C)NA
29Vigil Mechanism22Yes
30Policy for related party Transaction23(1), (1A), (5), (6), & (8)Yes

Annexure II

II. Annual Affirmations

SrParticularsRegulation NumberCompliance status (Yes/No/NA)If status is “No” details of non-compliance may be given here.
31Prior or Omnibus approval of Audit Committee for all related party transactions23(2), (3)Yes
32Approval for material related party transactions23(4)NA
33Disclosure of related party transactions on consolidated basis23(9)NA
34Composition of Board of Directors of unlisted material Subsidiary24(1)Yes
35Other Corporate Governance requirements with respect to subsidiary of listed entity24(2),(3),(4),(5) & (6)Yes
36Alternate Director to Independent Director25(1)NA
37Maximum Tenure25(2)Yes
38Appointment, Re-appointment or removal of an Independent Director through special resolution or the alternate mechanism25(2A)Yes
39Meeting of independent directors25(3) & (4)Yes
40Familiarization of independent directors25(7)Yes

Annexure II

II. Annual Affirmations

SrParticularsRegulation NumberCompliance status (Yes/No/NA)If status is “No” details of non-compliance may be given here.
41Declaration from Independent Director25(8) & (9)Yes
42Directors and Officers insurance25(10)NA
43Confirmation with respect to appointment of Independent Directors who resigned from the listed entity25(11)NA
44Memberships in Committees26(1)Yes
45Affirmation with compliance to code of conduct from members of Board of Directors and Senior management personnel26(3)Yes
46Policy with respect to Obligations of directors and senior management26(2) & 26(5)Yes
47Approval of the Board and shareholders for compensation or profit sharing in connection with dealings in the securities of the listed entity26(6)NA
48Vacancies in respect Key Managerial Personnel26A(1) & 26A(2), 26A(3)NA
Any other information to be provided Textual Information(1)

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Textual Information(1)The Company got listed on January 20, 2025 and hence does not fall under the category of top 1000 listed entities based on the market capitalization. Therefore, Regulation 21(1), (2), (3), (4), (3A), (3B) and (3C) are not applicable.

Annexure II

1Name of signatoryMs Nupur Joshi
2DesignationCompany Secretary and Compliance Officer



Annexure II

III. Affirmations

SrParticularsCompliance status (Yes/No/NA)
1The Listed Entity has approved Material Subsidiary Policy and the Corporate Governance requirements with respect to subsidiary of Listed Entity have been compliedYes
Any other information to be provided




Annexure II

1Name of signatoryMs. Nupur Joshi
2DesignationCompany Secretary and Compliance Officer




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. Refer note below

(A)Any loan or any other form of debt advanced by the listed entity directly or indirectly to
EntityAggregate amount advanced during six monthsBalance outstanding at the end of six months
Promoter or any other entity controlled by them50000005313461
Promoter Group or any other entity controlled by them00
Directors (including relatives) or any other entity controlled by them00
KMPs or any other entity controlled by them00

(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

EntityType (guarantee, comfort letter etc.)Aggregate amount of issuance during six monthsBalance outstanding at the end of six months(taking into account any invocation)
Promoter or any other entity controlled by them000
Promoter Group or any other entity controlled by them000
Directors (including relatives) or any other entity controlled by them000
KMPs or any other entity controlled by them000

(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

EntityType of security (cash, shares etc.)Aggregate value of security provided during six monthsBalance outstanding at the end of six months
Promoter or any other entity controlled by them000
Promoter Group or any other entity controlled by them000
Directors (including relatives) or any other entity controlled by them 000
KMPs or any other entity controlled by them000
(D) Additional InformationTextual Information(2)

II. Affirmations

AffirmationsCompliance StatusCompany 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.YesTextual Information(3)
Name Mr. Dharmesh Bhupendra Dattani
Designation CFO
Place Mumbai
Date30-04-2025

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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 quarterNo
Number of cyber security incidence or breaches or loss of data event occurred during the quarter
Sr.Date of the eventBrief details of the event



Signatory Details

Name of signatoryMs. Nupur Joshi
Designation of personCompany Secretary and Compliance Officer
PlaceMumbai
Date29-04-2025



Investor Grievance Details

No. of investor complaints pending at the beginning of Quarter0
No. of investor complaints received during the Quarter258
No. of investor complaints disposed off during the Quarter258
No. of investor complaints those remaining unresolved at the end of the Quarter0



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 authorityNature and details of the action(s) taken or order(s) passedDate of receipt of direction or order, including any ad interim or interim orders, or any other communication from the authorityDetails of the violation(s)/ contravention(s) committed or alleged to be committedImpact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible
1Office of the Commissioner of CGST & Central Excise, ThaneShowcause cum demand notice16-03-2025Penalty recovered with respect to unfair trade practices done by the customer of the Company.The Company have already paid the penalty amounting to Rs. 2,09,047/- imposed by the Department
2GOVERNMENT OF INDIA, MINISTRY OF FINANCE INCOME TAX DEPARTMENT ("Department")Notice of demand under section 156 of the Income-Tax Act, 196118-03-2025The Company has filed its return of income u/s 139(1) with acknowledgement no. 264697761301119 on 30.11.2019 for the AY 2019-20 declaring income of Rs. Nil. However, the department also alleged that the information was received that M/s Illusion Dental Laboratory Pvt Ltd (PAN -AABCI3029F), that had been amalgamated with Laxmi Dental Ltd. (Formerly Laxmi Dental Export Pvt. Ltd.) w.e.f 01.04.2017, had entered into the certain high value transactions even though the entity of M/s Illusion Dental Laboratory Pvt Ltd was not in existence during the FY 2018-19. While preparing computation the Department has committed an error for which there was a demand of Rs. 3,87,672, however the Company has filed a rectification request vide acknowledgement ref. No. 908153510210325 dated 21.03.2025 and the Company is expecting a favourable outcome regarding this matter.There is no financial Impact on the Company
3Office of Commissioner of Customs (Import), Special Intelligence & Investigation BranchRecovery of Anti Dumping Duty on Thermoplastic Polyurethane falling under CTI 39095000 - Notification No. 19/2024-Cus. (ADD) dated 22-10-202419-03-2025It was alleged that the Company imported Thermoplastic Polyurethane, however the Anti-dumping duty amounting to Rs. 2,47,182/- appliacble on the said goods have not been paid.The Company have already paid the penalty amounting to Rs. 2,47,182/- imposed by the Department