General information about company
Scrip code	520043
NSE Symbol	MUNJALSHOW
MSEI Symbol	NOTLISTED
ISIN	INE577A01027
Name of the entity	MUNJAL SHOWA LIMITED
Date of start of financial year	01-04-2024
Date of end of financial year	31-03-2025
Reporting Quarter Type	Quarterly
Date of Quarter Ending	31-12-2024
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	There was no acquisition of shares or voting rights of Unlisted Company during the quarter.
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	No Fine or penalty were imposed during the quarter 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
Risk management committee	Not Applicable
Market Capitalisation as per immediate previous Financial Year	Top 2000 listed entities
Is SCORE ID Available ?	Yes
SCORE Registration ID	M00335
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

SrTitle (Mr / Ms)Name of the DirectorPANDINCategory 1 of directorsCategory 2 of directorsCategory 3 of directors Date of Birth

YOGESH CHANDER MUNJAL

ABMPM8677L

00003491

Executive Director

Chairperson

13-02-1940

HITOSHI FUKAGAWA

AKMPF0879Q

10611378

Executive Director

Not Applicable

21-06-1968

KAZUHIRO NISHIOKA

AEEPN4107K

00602255

Non-Executive - Non Independent Director

Not Applicable

08-04-1964

ASHOK KUMAR MUNJAL

ADQPM8088B

00003843

Non-Executive - Independent Director

Not Applicable

14-02-1951

Mrs

KAVITA VENUGOPAL

ACAPV1583D

07551521

Non-Executive - Independent Director

Not Applicable

06-03-1957

NEETIKA BATRA

AAJPB9116F

10219725

Non-Executive - Independent Director

Not Applicable

05-09-1967

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

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		16-05-1985	01-09-2021			2	0	3	0
2	NA		29-05-2024	29-05-2024			1	0	0	0
3	NA		23-06-2021	23-06-2021			1	0	0	0
4	Yes	12-08-2022	02-01-1989	02-01-1989		32	1	1	2	0
5	NA		17-05-2022	17-05-2022		32	2	2	6	4
6	NA		01-04-2024	01-04-2024		9	2	2	5	2

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	10219725	NEETIKA BATRA	Non-Executive - Independent Director	Chairperson	01-04-2024
2	00003843	ASHOK KUMAR MUNJAL	Non-Executive - Independent Director	Member	23-05-2014
3	07551521	KAVITA VENUGOPAL	Non-Executive - Independent Director	Member	01-04-2024

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	00003843	ASHOK KUMAR MUNJAL	Non-Executive - Independent Director	Chairperson	23-05-2014
2	10219725	NEETIKA BATRA	Non-Executive - Independent Director	Member	01-04-2024
3	07551521	KAVITA VENUGOPAL	Non-Executive - Independent Director	Member	01-04-2024
4	00003491	YOGESH CHANDER MUNJAL	Executive Director	Member	01-05-2018

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	10219725	NEETIKA BATRA	Non-Executive - Independent Director	Chairperson	01-04-2024
2	00003843	ASHOK KUMAR MUNJAL	Non-Executive - Independent Director	Member	23-05-2014
3	00003491	YOGESH CHANDER MUNJAL	Executive Director	Member	23-05-2014
4	10611378	HITOSHI FUKAGAWA	Executive Director	Member	12-08-2024

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	00003491	YOGESH CHANDER MUNJAL	Executive Director	Chairperson	23-06-2021
2	10611378	HITOSHI FUKAGAWA	Executive Director	Member	29-05-2024
3	00003843	ASHOK KUMAR MUNJAL	Non-Executive - Independent Director	Member	01-04-2024
4	07551521	KAVITA VENUGOPAL	Non-Executive - Independent Director	Member	12-08-2024

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	00003491	YOGESH CHANDER MUNJAL	Executive Director	Chairperson	23-05-2014
2	10611378	HITOSHI FUKAGAWA	Executive Director	Member	29-05-2024
3	00003843	ASHOK KUMAR MUNJAL	Non-Executive - Independent Director	Member	01-04-2024

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	12-08-2024				Yes	6	5	2
2		11-11-2024	90		Yes	6	6	3

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	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	12-08-2024				Yes	3	3	2	0
2	Audit Committee	11-11-2024	90			Yes	3	3	2	0
3	Nomination and remuneration committee	11-11-2024				Yes	4	4	3	0
4	Risk Management Committee	04-12-2024	22		There is no Risk managment committee meeting held in previous quarter i.e. 01-07-2024 till 30-09-2024. There is an technical error of calculation of 22 days.	Yes	4	3	1	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	Neha Bansal
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	NEHA BANSAL
Designation of person	Company Secretary and Compliance Officer
Place	GURUGRAM
Date	14-02-2025

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	Income tax Department/Assessing Officer	27-01-2022	For assessment year 2006-07 The Assessing officer have erred in proposing an adjustment of INR 4,89,58,700 to the arm�s length price of the �international transactions� and The Company has filed an appeal before Income tax appelate tribunal (ITAT)	The Assessing officer have erred in proposing an adjustment of INR 4,89,58,700 to the arm�s length price of the �international transactions� and The Company has filed an appeal before ITAT and pending with ITAT.
2	Income tax Department/Assessing Officer	18-03-2015	For assessment year 2010-11, Transfer pricing adjustment amounting to INR 12,98,92,206 pertaining to payment of royalty by arbitrarily determining the arm�s length price (�ALP�) of the international transaction as against computed by MSL in accordance with the provisions of the Act read with the Income-tax Rules, 1962 (�Rules�) using TNMM Method and / or CUP and the Company has filed an appeal before ITAT	For assessment year 2006-07 � Transfer pricing adjustment amounting to INR 12,98,92,206 pertaining to payment of royalty by arbitrarily determining the arm�s length price (�ALP�) of the international transaction as against computed by MSL in accordance with the provisions of the Act read with the Income-tax Rules, 1962 (�Rules�) using TNMM Method and / or CUP and The Company has filed an appeal before ITAT and the same is pending
3	Income tax Department/Assessing Officer	28-07-2022	For Assessment year 2011-12, Transfer pricing adjustment amounting to INR� 10,16,83,851 pertaining to payment of royalty by arbitrarily determining the arm�s length price (�ALP�) of the international transaction as against computed by MSL in accordance with the provisions of the Act read with the Income-tax Rules, 1962 (�Rules�) using TNMM Method and / or CUP and the Company has filed an appeal before ITAT	For Assessment year 2011-12, Transfer pricing adjustment amounting to INR� 10,16,83,851 pertaining to payment of royalty by arbitrarily determining the arm�s length price (�ALP�) of the international transaction as against computed by MSL in accordance with the provisions of the Act read with the Income-tax Rules, 1962 (�Rules�) using TNMM Method and / or CUP and the Company has filed an appeal before ITAT and the same is pending
4	Income tax Department/Assessing Officer	20-12-2016	For Assessment year 2012-13,Transfer pricing adjustment amounting to INR� 43,27,43,656 pertaining to payment of royalty by arbitrarily determining the arm�s length price (�ALP�) of the international transaction as against computed by MSL in accordance with the provisions of the Act read with the Income-tax Rules, 1962 (�Rules�) using TNMM Method and / or CUP and the Company has filed an appeal before ITAT	For Assessment year 2012-13,Transfer pricing adjustment amounting to INR� 43,27,43,656 pertaining to payment of royalty by arbitrarily determining the arm�s length price (�ALP�) of the international transaction as against computed by MSL in accordance with the provisions of the Act read with the Income-tax Rules, 1962 (�Rules�) using TNMM Method and / or CUP and the Company has filed an appeal before ITAT and the same is pending
5	Income tax Department/Assessing Officer	01-09-2017	For Assessment year 2013-14, The TPO benchmarked the manufacturing segment and after adopting new set of comparable under TNMM method, made an adjustment of INR 2,98,05,992 along with adjustment of INR 2,24,267 in respect of inter-unit transfers of semi-finished goods and the Company has filed an appeal before ITAT	For Assessment year 2013-14, The TPO benchmarked the manufacturing segment and after adopting new set of comparable under TNMM method, made an adjustment of INR 2,98,05,992 along with adjustment of INR 2,24,267 in respect of inter-unit transfers of semi-finished goods and the Company has filed an appeal before ITAT and the same is pending
6	Income tax Department/Assessing Officer	05-05-2021	For Assessment year 2016-17 Transfer pricing adjustment amounting to INR� 18,09,75,549 pertaining to payment of royalty by arbitrarily determining the arm�s length price (�ALP�) of the international transaction as against computed by MSL in accordance with the provisions of the Act read with the Income-tax Rules, 1962 (�Rules�) using TNMM Method and / or CUP. Further Transfer pricing adjustment amounting to INR� 1,70,78,336 pertaining to manufacturing segment on account of cherry picking of certain comparable companies and the Company has filed an appeal before ITAT	For Assessment year 2016-17 Transfer pricing adjustment amounting to INR� 18,09,75,549 pertaining to payment of royalty by arbitrarily determining the arm�s length price (�ALP�) of the international transaction as against computed by MSL in accordance with the provisions of the Act read with the Income-tax Rules, 1962 (�Rules�) using TNMM Method and / or CUP. Further Transfer pricing adjustment amounting to INR� 1,70,78,336 pertaining to manufacturing segment on account of cherry picking of certain comparable companies and the Company has filed an appeal before ITAT and the same is pending.
7	Income tax Department/Assessing Officer	07-04-2022	For Assessment year 2017-18, Transfer pricing adjustment amounting to INR� 17,54,70,201 pertaining to payment of royalty by arbitrarily determining the arm�s length price (�ALP�) of the international transaction as against computed by MSL in accordance with the provisions of the Act read with the Income-tax Rules, 1962 (�Rules�) using TNMM Method and / or CUP. Further Transfer pricing adjustment amounting to INR� 2,35,38,892 pertaining to manufacturing segment on account of cherry picking of certain comparable companies and the Company has filed an appeal before ITAT.	For Assessment year 2017-18, Transfer pricing adjustment amounting to INR� 17,54,70,201 pertaining to payment of royalty by arbitrarily determining the arm�s length price (�ALP�) of the international transaction as against computed by MSL in accordance with the provisions of the Act read with the Income-tax Rules, 1962 (�Rules�) using TNMM Method and / or CUP. Further Transfer pricing adjustment amounting to INR� 2,35,38,892 pertaining to manufacturing segment on account of cherry picking of certain comparable companies and the Company has filed an appeal before ITAT and the same is pending.
8	Income tax Department/Assessing Officer	15-06-2022	For Assessment year 2018-19, Transfer pricing adjustment amounting to INR 13,26,68,832 pertaining to payment of royalty by arbitrarily determining the arm�s length price (�ALP�) of the international transaction as against computed by MSL in accordance with the provisions of the Act read with the Income-tax Rules, 1962 (�Rules�) using TNMM Method and / or CUP. Further, transfer pricing adjustment amounting to INR 1,14,76,800 pertaining to manufacturing segment on account of cherry picking of certain comparable companies and the Company has filed an appeal before ITAT	For Assessment year 2018-19, Transfer pricing adjustment amounting to INR 13,26,68,832 pertaining to payment of royalty by arbitrarily determining the arm�s length price (�ALP�) of the international transaction as against computed by MSL in accordance with the provisions of the Act read with the Income-tax Rules, 1962 (�Rules�) using TNMM Method and / or CUP. Further, transfer pricing adjustment amounting to INR 1,14,76,800 pertaining to manufacturing segment on account of cherry picking of certain comparable companies and the Company has filed an appeal before ITAT and the same is pending.
9	Income tax Department/Assessing Officer	29-08-2024	For Assessment year 2020-21, Transfer pricing adjustment amounting to INR 30,59,67,825 pertaining to payment of royalty by arbitrarily determining the arm�s length price (�ALP�) of the international transaction as against computed by MSL in accordance with the provisions of the Act read with the Income-tax Rules, 1962 (�Rules�) using TNMM Method and / or CUP. Further, transfer pricing adjustment amounting to INR 1,54,75,557 pertaining to manufacturing segment on account of cherry picking of certain comparable companies and the Company has filed an appeal before ITAT	For Assessment year 2020-21, Transfer pricing adjustment amounting to INR 30,59,67,825 pertaining to payment of royalty by arbitrarily determining the arm�s length price (�ALP�) of the international transaction as against computed by MSL in accordance with the provisions of the Act read with the Income-tax Rules, 1962 (�Rules�) using TNMM Method and / or CUP. Further, transfer pricing adjustment amounting to INR 1,54,75,557 pertaining to manufacturing segment on account of cherry picking of certain comparable companies and the Company has filed an appeal before ITAT and the same is pending before ITAT
10	Income tax Department/Assessing Officer	18-12-2024	For Assessment year 2021-22, Transfer pricing adjustment amounting to INR 26,93,07,230 pertaining to payment of royalty by arbitrarily determining the arm�s length price (�ALP�) of the international transaction as against computed by MSL in accordance with the provisions of the Act read with the Income-tax Rules, 1962 (�Rules�) using TNMM Method and / or CUP. Further, transfer pricing adjustment amounting to INR 3,32,77,983 pertaining to manufacturing segment on account of cherry picking of certain comparable companies and the Company has filed an appeal before ITAT	For Assessment year 2021-22, Transfer pricing adjustment amounting to INR 26,93,07,230 pertaining to payment of royalty by arbitrarily determining the arm�s length price (�ALP�) of the international transaction as against computed by MSL in accordance with the provisions of the Act read with the Income-tax Rules, 1962 (�Rules�) using TNMM Method and / or CUP. Further, transfer pricing adjustment amounting to INR 3,32,77,983 pertaining to manufacturing segment on account of cherry picking of certain comparable companies and the Company has filed an appeal before ITAT and the same is pending before ITAT
11	Employees' State Insurance Corporation	02-02-2006	For Financial year 1994-1995 an order is issued by Dy. Director (Rev) of ESIC on 02.02.2006 for an amount of Rs. 53,039/-.	For Financial year 1994-1995 an order is issued by Dy. Director (Rev) of ESIC on 02.02.2006 for an amount of Rs. 53,039/-. The report is pending from ESI Court Gurgaon.
12	Employees' State Insurance Corporation	02-02-2006	For Financial year 1995-1996 an order is issued by Dy. Director (Rev) of ESIC on 02.02.2006 for an amount of Rs. 12,04,591/-.	For Financial year 1995-1996 an order is issued by Dy. Director (Rev) of ESIC on 02.02.2006 for an amount of Rs. 12,04,591/-. Re-inspection has been done and demand is reduced to Rs. 8,40,878 on 18.07.2016. The report is pending from ESI Court Gurgaon.
13	Employees' State Insurance Corporation	20-02-2006	For Financial year 1996-1997 an order is issued by Dy. Director (Rev) of ESIC on 20.02.2006 for an amount of Rs. 6,49,999/-.	For Financial year 1996-1997 an order is issued by Dy. Director (Rev) of ESIC on 20.02.2006 for an amount of Rs. 6,49,999/-. Re-inspection has been done and demand is reduced to Rs. 2,68.653 on 18.07.2016. The report is pending from ESI Court Gurgaon.
14	Employees' State Insurance Corporation	20-02-2006	For Financial year 1997-1998 an order is issued by Dy. Director (Rev) of ESIC on 20.02.2006 for an amount of Rs. 6,69,251/-.	For Financial year 1997-1998 an order is issued by Dy. Director (Rev) of ESIC on 20.02.2006 for an amount of Rs. 6,69,251/-. Re-inspection has been done and demand is reduced to Rs. 7,614/- on 18.07.2016. The report is pending from ESI Court Gurgaon.
15	Employees' State Insurance Corporation	20-02-2006	For Financial year 2001-2002 an order is issued by Dy. Director (Rev) of ESIC on 20.02.2006 for an amount of Rs. 19,321/-.	For Financial year 2001-2002 an order is issued by Dy. Director (Rev) of ESIC on 20.02.2006 for an amount of Rs. 19,321/-. Re-inspection has been done The report is pending from ESI Court Gurgaon.
16	Employees' State Insurance Corporation	09-03-2018	For Financial year 2013-2016 an order is issued by Dy. Director of ESIC on 09.03.2018 for an amount of Rs. 39,08,539/-.	For Financial year 2013-2016 an order is issued by Dy. Director of ESIC on 09.03.2018 for an amount of Rs. 39,08,539/-. The case is pending before the ESI Court Gurgaon.
17	Goods and service Tax, State tax Dehradun	06-07-2024	For Financial Year 2018-19, appeal has been filled against order of The J.C. (Appeals) State Tax, Dehradun for diffecernce in GSTR-3B & GSTR-2A.	Initial relevant details and documents submitted with GST department and awaiting reponse

General information about company

Annexure I

Annexure I to be submitted by listed entity on quarterly basis

I. Composition of Board of Directors

I. Composition of Board of Directors

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

I. Composition of Board of Directors

Audit Committee Details

Nomination and remuneration committee

Stakeholders Relationship Committee

Risk Management Committee

Corporate Social Responsibility Committee

Other Committee

Annexure 1

Annexure 1

III. Meeting of Board of Directors

Annexure 1

IV. Meeting of Committees

Annexure 1

V. Affirmations

Annexure 1

Details of Cyber security incidence

Signatory Details

Investor Grievance Details

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: