Page 116 - Index

Section C: Principle-Wise Performance Disclosure
PRINCIPLE 1: Businesses should conduct and govern themselves with integrity, and in a manner
that is Ethical, Transparent and Accountable.
Essential Indicators
1. 2. Percentage coverage by training and awareness programmes on any of the Principles during the financial year.
Please refer to Table No. 6 on page 135 of the Sustainability Databook
Details of fines/penalties/punishment/award/compounding fees/settlement amount paid in proceedings (by the
entity or by directors/KMPs) with regulators/law enforcement agencies/judicial institutions, in the financial year
NGRBC
Principle
Name of the regulatory/
enforcement agencies/
judicial institutions
Amount
(In J)
Brief of the Case Has an appeal been preferred?
(Yes/No)
Monetary
Penalty/
Fine
Principle 1 Office of Assistant
Commissioner of CGST &
Central Excise, Division
III, Navi Mumbai
C 1,460,066 Demand of Penalty raised
under section 122(2)(a) of
CGST Act, 2017 read with
section 73 of CGST Act,
2017 for short reversal of
Input Tax credit
Yes
Penalty/
Fine
Principle 1 State of Connecticut,
Department of Revenue
Services
C 5,857,487 Penalty charged
for nonpayment of
withholding taxes for the
period 12/31/2022 to
12/31/2023.
Yes. The Company has already paid
withholding taxes for the period
stated in the letter within compliance
timelines and is in the process of
filing a response to the Department
of Revenue Services with a request to
reverse the penalty.
3. Of the instances disclosed in Question 2 above, details of the Appeal/Revision preferred in cases where monetary
or non-monetary action has been appealed
Case details Name of the regulatory/enforcement agencies/
judicial institutions
Demand of Penalty raised under section 122(2)(a) of CGST Act, 2017 read
with section 73 of CGST Act, 2017 for short reversal of Input Tax credit
Joint/Additional Commissioner (Appeals)
Penalty charged for nonpayment of withholding taxes for the period
12/31/2022 to 12/31/2023.
State of Connecticut, Department of Revenue
Services
4. 5. 6. 7. Does the entity have an anti-corruption or anti-bribery policy? If yes, provide details in brief and if available,
provide a web-link to the policy.
Yes, Crisil’s Code of Ethics, inter-alia, covers prohibition of bribery and corruption. Crisil’s Code of Ethics is available
at https://www.Crisil.com/content/dam/Crisil/investors/corporate-governance/code-of-ethics.pdf
Number of Directors/KMPs/employees/workers against whom disciplinary action was taken by any law
enforcement agency for the charges of bribery/corruption
No such instances of bribery/corruption took place during the year.
Details of complaints with regard to conflict of interest of Directors and KMP.
No complaints with regard to conflict of interest were received during the year.
Provide details of any corrective action taken or underway on issues related to fines/penalties/action taken by
regulators/law enforcement agencies/judicial institutions, on cases of corruption and conflicts of interest
Not applicable as there were no such instances.
114 Annual Report 2024