Integrated Governance

GLOBAL SURFACES LIMITED

General information about company

Scrip code	543829
NSE Symbol	GSLSU
MSEI Symbol	NOTLISTED
ISIN	INE0JSX01015
Date of start of financial year	01-04-2026
Date of end of financial year	31-03-2027
Reporting Quarter Type	Quarterly
Date of Quarter Ending	30-06-2026
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?	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?	Yes
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?	Yes
Risk management committee	No
Market Capitalisation as per immediate previous Financial Year	Top 2000 listed entities
Is SCORE ID Available ?	Yes
SCORE Registration ID	comg00693
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

Yes

Whether Chairperson is related to MD or CEO

Yes

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

Sr no.

Title(Mr/Ms)

Name of the Director

DIN

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

Mayank Shah

01850199

Executive Director

Chairperson related to Promoter

Active

24-12-2004

Mrs

Sweta Shah

06883764

Executive Director

Not Applicable

Active

11-09-2021

Rakesh Grover

09673773

Non-Executive - Independent Director

Not Applicable

Active

30-03-2026

3.02

Chandan Chowdhury

00906211

Non-Executive - Independent Director

Not Applicable

Active

26-10-2024

20.06

Yashwant Kumar Sharma

08686725

Non-Executive - Independent Director

Not Applicable

Active

20-12-2021

54.12

Sudhir Baxi

00092322

Non-Executive - Independent Director

Not Applicable

Active

20-12-2021

54.12

Annexure I

II. Composition of Committees
Disclosure of notes on composition of committees explanatory

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	08686725	Yashwant Kumar Sharma	Non-Executive - Independent Director	Chairperson	01-03-2022
2	00906211	Chandan Chowdhury	Non-Executive - Independent Director	Member	26-10-2024
3	09673773	Rakesh Grover	Non-Executive - Independent Director	Member	30-03-2026

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	00906211	Chandan Chowdhury	Non-Executive - Independent Director	Chairperson	26-10-2024
2	08686725	Yashwant Kumar Sharma	Non-Executive - Independent Director	Member	01-03-2022
3	00092322	Sudhir Baxi	Non-Executive - Independent Director	Member	01-03-2022

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	09673773	Rakesh Grover	Non-Executive - Independent Director	Chairperson	30-03-2026
2	00092322	Sudhir Baxi	Non-Executive - Independent Director	Member	01-03-2022
3	08686725	Yashwant Kumar Sharma	Non-Executive - Independent Director	Member	01-03-2022

Risk Management Committee

Whether the Risk Management Committee has a Regular Chairperson
Sr	DIN Number	Name of Committee members	Category 1 of directors	Category 2 of directors	Date of Appointment	Date of Cessation	Remarks
No records available

Corporate Social Responsibility Committee

Whether the Corporate Social Responsibility Committee has a Regular Chairperson
Sr	DIN Number	Name of Committee members	Category 1 of directors	Category 2 of directors	Date of Appointment	Date of Cessation	Remarks
1	06883764	Sweta Shah	Executive Director	Chairperson	01-03-2022
2	00906211	Chandan Chowdhury	Non-Executive - Independent Director	Member	26-10-2024
3	00092322	Sudhir Baxi	Non-Executive - Independent Director	Member	30-03-2026

Other Committee

Sr	DIN Number	Name of Committee members	Name of other committee	Category 1 of directors	Category 2 of directors	Remarks
No records available

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	03-02-2026			Yes	6	6	3
2	18-03-2026	42		Yes	6	5	3
3	30-03-2026	11		Yes	5	4	2
4	25-05-2026	55		Yes	6	6	4

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	03-02-2026				Yes	3	3	3	0
2	Audit Committee	18-03-2026	42			Yes	3	3	3	0
3	Audit Committee	25-05-2026	67			Yes	3	3	3	0
4	Nomination and remuneration committee	30-03-2026				Yes	3	3	3	0
5	Nomination and remuneration committee	25-05-2026	55			Yes	3	3	3	0
6	Corporate Social Responsibility Committee	18-03-2026				Yes	3	3	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	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 the top 1000 listed entities)	NA
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.	true
9	Any comments/observations/advice of Board of Directors may be mentioned here:

Annexure I

Sr	Subject	Compliance status
1	Name of signatory	Dharam Singh Rathore
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
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

Signatory Details

Name of signatory	Dharam Singh Rathore
Designation of person	Company Secretary and Compliance Officer
Place	Jaipur
Date	28-07-2026

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
1	Global Surfaces FZE	17-06-2026	100.00%	0.00%	100.00%

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	Deputy Commissioner of Income Tax, Central Circle 2(2), Kolkata, Income Tax Department	Order passed under Section 271D of the Income-tax Act, 1961, imposing a penalty of INR 1,73,99,169/- (Rupees One Crore Seventy-Three Lakh Ninety-Nine Thousand One Hundred Sixty-Nine only) for Assessment Year 2019-20, for alleged contravention of Section 269SS of the Income-tax Act, 1961	30-06-2026	Acceptance of loans/deposits aggregating INR 1,73,99,169/- during A.Y. 2019-20 otherwise than by an account payee cheque, account payee bank draft or electronic clearing system through a bank account, as required under Section 269SS of the Income-tax Act, 1961. The contravention was identified from Sl. No. 31(a) of the Tax Audit Report in Form 3CD for the relevant year.	Penalty of INR 1,73,99,169/- imposed. The Company has filed an appeal against such order. The said amount does not have a material impact on the operations or financial position of the Company.

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	31-03-2022	Pending for adjudication before Commissioner of Income Tax (Appeals).	The Company has preferred appeals against the assessment orders passed on 31st March 2022 under Section 153A read with Section 143(3) of the Income Tax Act, 1961 for Assessment Years 2013-14 to 2020- 21. The estimated income tax demand, for which Company have preferred the appeals is INR 42.57 Million and the current outstanding demand stands at INR 40.89 Million. The appeals filed primarily contesting that the additions made are unjustified, not based on incriminating material, and have been made without properly appreciating the facts and legal position. Accordingly, the Company has challenged the said additions before the Commissioner of Income Tax (Appeals). The appeals are currently pending adjudication.
2	Income Tax Department	31-03-2026	The Company had received an Assessment Order under Section 143(3) read with Notice of Demand under Section 156 of the Income-tax Act, 1961 for AY 2023-24, raising a demand of INR 37,48,89,740/-, passed by ACIT, Central Circle 2(2), Kolkata. The Company was reviewing the order and proposed to take appropriate remedial steps, including filing an appeal, as disclosed vide Regulation 30 intimation dated March 31, 2026.	The Company has filed an appeal against the said Assessment Order/Demand Notice before the Commissioner of Income Tax (Appeals) under Section 246/246A of the Income-tax Act, 1961, on April 1, 2026, disputing the addition to income of INR 42,16,73,204/- and the consequent demand of INR 37,48,89,740/-. The appeal is currently pending adjudication.