General information about company |
| Scrip code | 523465 |
| NSE Symbol | NOTLISTED |
| MSEI Symbol | NOTLISTED |
| ISIN | INE969D01012 |
| Name of the entity | IND BANK HOUSING LIMITED |
| Date of start of financial year | 01-04-2025 |
| Date of end of financial year | 31-03-2026 |
| Reporting Quarter Type | Yearly |
| Date of Quarter Ending | 31-03-2026 |
| Type of company | Equity |
| Whether Annexure I (Part A) of the SEBI Circular dated December 31, 2024 related to Compliance Report on Corporate Governance is applicable to the entity? | No | In terms of regulation 27(2) of LODR Regulations, the listed entity is required to submit a quarterly compliance report on corporate governance in the format specified by the Board from time to time, to recognised Stock Exchange(s). n case of non-applicability of the corporate governance provisions, the listed entity shall submit a declaration to that effect, duly signed by the compliance officer or the chief executive officer accompanied by a certificate from a PCA or a PCS, to the Stock Exchange(s), at the beginning of every financial year.
As per Regulation 15(2) of SEBI (Listing Obligation and Disclosure Requirements) Regulation 2015, the compliance with the corporate governance provisions as specified in Regulation 17, 17A, 18, 19, 20, 21, 22, 23, 24, 24A, 25, 26, 27 and clauses (b) to (i) and (t) of sub-regulation (2) of Regulation 46 and para-C, D and E of Schedule V shall not apply, in respect of
A.The listed entity having paid up equity share capital not exceeding rupees ten crore and net worth not exceeding rupees twenty- five crore, as on the last day of previous financial year.
The paid-up equity share capital as on 31.03.2026 is Rs.10,00,00,000/- and net worth of the company as on 31.03.2026 is negative to the tune of Rs. (120.96) Crore. Therefore, the company does not fall under the purview of aforesaid regulations. Net worth Certificate from PCA is attached for your reference.
Hence coprorate Governance report Sec 27 is not applicable to Ind bank houisng Limited. In this regard company has obtained Certifcate of networth and paid up equity capital from Shri.Anandaramakrishnan Partner AR Krishnan and associates vide letter dated 13.04.2026 |
| 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 | Not applicablity of Disclosure of acquisition of shares and Acquisition of voting rights in Unlisted Company We have not acquired shares or voting riogjhts in unlisted Company |
| 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 has been imposed by the regulator in this quarter ended 31st March 2026 |
| Whether Annexure I (Part E) of the SEBI Circular dated December 31, 2024 related to Disclosure of Updates to Ongoing Tax Litigations or Disputes is Applicable to the entity? | Yes | |
| Whether Annexure I (Part F) of the SEBI Circular dated December 31, 2024 related to Disclosure Of Loans / Guarantees / Comfort Letters / Securities Etc. is Applicable to the entity? | No | The Company has not advanced any loan or any other form of debt directly or indirectly to promoters, directors and its KMP's.
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| Is SCORE ID Available ? | Yes |
| SCORE Registration ID | i00045 |
| Reason For No SCORE ID | |
| Type of Submission | Original |
| Remarks (website dissemination) | |
| Remarks for Exchange (not for Website Dissemination) | |
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 | GST Tamil Nadu | 31-08-2024 | The excess input tax credit (ITC) claimed on account of non-reconciliation of information
Under Sec 16(2)(c) every registered person shall be entitled to take credit of ITC on supply of goods or services to him
subject to the condition that the tax charged in respect of such supply has been actually paid to the Government either in
cash or through utilization of ITC admissible in respect of such supply.
It is observed that the taxpayer has not correctly availed input tax on his inward supplies on reconciliation of turnovers in
GSTR-09. Arrears of tax - Excess ITC availed | Appeal filed since the Company has reversed the ITC and has not availed any ITC since 2017. Appeal filed by IBHL and the appeal is admitted in Mar 2025. Waiting for personal hearing |
| 2 | Income Tax Department | 31-03-2006 | For AY 1999-00. The appellant filed its return of income on 30.12.1999 admitting a total loss of Rs.1,21,00,649/-. The assessment was completed u/s 143(1) on 31.03.2000. Later AO noticed that the loss returned was not correct since the accrued interest income in respect of Non-performing asset (NPAs) were not recognised in the books of account and not declared as income by the appellant. AO therefore issued notice u/s 148 on 31.08.2004 for reopening the said assessment. | The Company has received a letter through email dated on 18th March 2026 from the Income Tax Department, Office of Assistant Commissioner of Income tax, Corporate Circle -1, Chennai regarding giving effect to the appellate order passed by the Hon’ble High Court of Madras in Tax Case Appeal No. 1822 of 2008 dated 29th November 2021. The Company has received a favourable Giving Effect Order under Section 260A of the Income Tax Act, 1961 for Assessment Year 1999-2000 pursuant to which the Company is entitled to a refund amounting to Rs. 8,79,04,379/- including applicable interest on delayed refund. |
| 3 | Income Tax Department | 29-11-2013 | For Assessment year 2006-07 the income tax department has not claimed any demand(NIL) u/s 156 of Income tax act vide notice dated 29.11.2013. Later the case was reopened u/s 148.
During the reassessment, in the computation of Income, in schedule H (loan and advances) the provision for contingency withdrawn amounts to Rs.4.0724 Cr whereas we have claimed Rs.4.3358 Cr. Hence they raised as excess claim withdrawn by IBHL to the tune of Rs.26.34 lakhs is not allowable and hence raised a demand of Rs.26.34 lakhs.
| Income Tax department is adjusting the refunds against this demand. The company submitted reply in 13.02.2023, 05.08.2024 and 20.02.2025 for deleting the demand since the order dt 16.03.2022 in ITA no 462/Chny/2018 for AY 2006-07 got barred by limitation u/s 153(3) of the Act as on 31.03.2024. Subsequently the detailed has been submitted to AO on 04.07.2025. Being followed up. |
| 4 | GST Tamil Nadu | 29-09-2025 |
The details of exempted turnover reported in various returns/statement filed (GSTR1, GSTR 3B and GSTR 9) by you was not matching for the FY 2021- 22. On reconciliation of ITC details in GSTR-09, it is observed that you have wrongly availed input tax on the inward supplies. After due date ITC availed in GSTR 3B which you are not entitled to. However as seen from the GSTR-09 return filed, it is evident that you have not made such apportionment resulting in excess claim of ITC than you are eligible. | There is no discrepency in turnover in GSTR 1 and GSTR 9. However in GSTR3B erroneously income was not fed for 2 months resulting in difference. Since the Company has reversed all the ITC in July 2023 and has not availed any ITC since 2017. Appeal filed by IBHL. |