General information about company | ||
| Scrip code | 532774 | |
| NSE Symbol | INSPIRISYS | |
| MSEI Symbol | NOTLISTED | |
| ISIN | INE020G01017 | |
| Name of the entity | INSPIRISYS SOLUTIONS LIMITED | |
| 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? | No | No acquisition of shares or voting rights aggregating to 5% or more in an unlisted company was made during the quarter ended 30.06.2026 |
| 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 was imposed and paid by the Company during the quarter ended 30.06.2026 |
| 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 | |
| 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 | a00029 | |
| 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 | No | ||||||||||||||||||||||||
| Sr | Title (Mr / Ms) | Name of the Director | PAN | DIN | Category 1 of directors | Category 2 of directors | Category 3 of directors | Date of Birth | |||||||||||||||||
| 1 | Mr | SATOSHI IWANAGA | ZZZZZ9999Z | 10817792 | Non-Executive - Non Independent Director | Chairperson related to Promoter | 22-05-1960 | ||||||||||||||||||
| 2 | Mr | MURALI GOPALAKRISHNAN | ABBPM6827B | 08066529 | Executive Director | Not Applicable | CEO | 05-06-1965 | |||||||||||||||||
| 3 | Mr | RAJESH RAMNIKLAL MUNI | AADPM3986E | 00193527 | Non-Executive - Independent Director | Not Applicable | 23-12-1951 | ||||||||||||||||||
| 4 | Mr | M S JAGAN | AAKPJ1225E | 02002827 | Non-Executive - Independent Director | Not Applicable | 29-06-1956 | ||||||||||||||||||
| 5 | Mr | TORU HORIUCHI | AWSPH3647L | 08111162 | Non-Executive - Non Independent Director | Not Applicable | 26-08-1967 | ||||||||||||||||||
| 6 | Mrs | CAUVERY DHARMARAJ | ACOPC0971A | 02917088 | Non-Executive - Independent Director | Not Applicable | 20-06-1967 | ||||||||||||||||||
I. Composition of Board of Directors | |||||||||||||||||||||||||
Disqualification of Directors under section 164 of the Companies Act, 2013 | |||||||||||||||||||||||||
| Sr | Whether the director is disqualified? | Start Date of disqualification | End Date of disqualification | Details of disqualification | Current status | ||||||||||||||||||||
| 1 | No | Active | |||||||||||||||||||||||
| 2 | No | Active | |||||||||||||||||||||||
| 3 | No | Active | |||||||||||||||||||||||
| 4 | No | Active | |||||||||||||||||||||||
| 5 | No | Active | |||||||||||||||||||||||
| 6 | No | 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 | No | 01-01-2025 | 1 | 0 | 2 | 0 | Textual Information(1) | ||||||||||||||||||||
| 2 | NA | 01-11-2022 | 1 | 0 | 0 | 0 | |||||||||||||||||||||
| 3 | No | 06-05-2017 | 06-05-2022 | 109.25 | 1 | 1 | 2 | 1 | |||||||||||||||||||
| 4 | No | 07-02-2020 | 07-02-2025 | 76.22 | 1 | 1 | 2 | 1 | |||||||||||||||||||
| 5 | No | 01-11-2022 | 1 | 0 | 0 | 0 | |||||||||||||||||||||
| 6 | No | 08-08-2024 | 08-08-2024 | 22.23 | 2 | 2 | 2 | 0 | |||||||||||||||||||
Text Block | |
| Textual Information(1) | FOREIGN NATIONAL |
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 | 00193527 | RAJESH RAMNIKLAL MUNI | Non-Executive - Independent Director | Chairperson | 06-05-2017 | ||
| 2 | 02002827 | M S JAGAN | Non-Executive - Independent Director | Member | 11-06-2020 | ||
| 3 | 02917088 | CAUVERY DHARMARAJ | Non-Executive - Independent Director | Member | 11-09-2024 | ||
| 4 | 10817792 | SATOSHI IWANAGA | Non-Executive - Non Independent Director | Member | 01-01-2025 | ||
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 | 02917088 | CAUVERY DHARMARAJ | Non-Executive - Independent Director | Chairperson | 11-09-2024 | ||
| 2 | 00193527 | RAJESH RAMNIKLAL MUNI | Non-Executive - Independent Director | Member | 08-08-2019 | ||
| 3 | 02002827 | M S JAGAN | Non-Executive - Independent Director | Member | 01-05-2023 | ||
| 4 | 10817792 | SATOSHI IWANAGA | Non-Executive - Non Independent Director | Member | 01-01-2025 | ||
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 | 02002827 | M S JAGAN | Non-Executive - Independent Director | Chairperson | 01-05-2023 | ||
| 2 | 00193527 | RAJESH RAMNIKLAL MUNI | Non-Executive - Independent Director | Member | 04-11-2017 | ||
| 3 | 02917088 | CAUVERY DHARMARAJ | Non-Executive - Independent Director | Member | 11-09-2024 | ||
| 4 | 10817792 | SATOSHI IWANAGA | Non-Executive - Non Independent Director | Member | 01-01-2025 | ||
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 |
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 | 02002827 | M S JAGAN | Non-Executive - Independent Director | Chairperson | 01-11-2022 | ||
| 2 | 00193527 | RAJESH RAMNIKLAL MUNI | Non-Executive - Independent Director | Member | 07-08-2018 | ||
| 3 | 02917088 | CAUVERY DHARMARAJ | Non-Executive - Independent Director | Member | 11-09-2024 | ||
| 4 | 08066529 | MURALI GOPALAKRISHNAN | Executive Director | Member | 01-05-2023 | ||
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 | 06-02-2026 | Yes | 6 | 6 | 3 | |||
| 2 | 08-05-2026 | 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 | Reason 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 | 06-02-2026 | Yes | 4 | 4 | 3 | 0 | |||
| 2 | Audit Committee | 08-05-2026 | 90 | Yes | 4 | 4 | 3 | 0 | ||
| 3 | Nomination and remuneration committee | 06-02-2026 | Yes | 4 | 4 | 3 | 0 | |||
| 4 | Nomination and remuneration committee | 07-05-2026 | 89 | Yes | 4 | 4 | 3 | 0 | ||
| 5 | Stakeholders Relationship Committee | 06-02-2026 | Yes | 4 | 4 | 3 | 0 | |||
| 6 | Stakeholders Relationship Committee | 07-05-2026 | 89 | Yes | 4 | 4 | 3 | 0 | ||
Annexure 1 | ||||||||||
IV. Meeting of Committees | ||||||||||
| 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 | Reason 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) |
| 7 | Corporate Social Responsibility Committee | 06-02-2026 | Yes | 4 | 4 | 3 | 0 | |||
| 8 | Corporate Social Responsibility Committee | 07-05-2026 | 89 | Yes | 4 | 4 | 3 | 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) | 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. | Yes |
Annexure 1 | ||
| Sr | Subject | Compliance status |
| 1 | Name of signatory | S. SUNDARAMURTHY |
| 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 | S. SUNDARAMURTHY |
| Designation of person | Company Secretary and Compliance Officer |
| Place | Chennai |
| Date | 13-07-2026 |
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 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 | UOI acting through Central Railways (Rs.194 lakhs) | 16-07-2022 | The case is under trail. Posted for 20.04.2026 | Rejoinder petition to be filed by the CR to establish that their appeal was filed within the prescribed limitation period. The respondents did not appear at the last hearing, and the next date of hearing is yet to be confirmed. |
| 2 | Presiding Officer, Employees Provident Fund Appellate Tribunal, New Delhi (Rs.200 Lakhs) | 02-01-2011 | The case is under trail. Posted for 22.04.2026 | The case has been referred to special campaingn for settlement and posted on 16th July 2026. |
| 3 | Vinjane Centre, rep by its partners 1) Mr. Cleetus Vincent and 2) Mrs. Imelda Cleetus | 07-01-2020 | Summon not served due to non availability of person. | Summon not served due to non availability of person. |
| 4 | State of Kerala (Rs.109 Lakhs) | 14-08-2023 | Matter is pending with KVAT Appellate Tribunal,Principal Bench , Ernakulam the hearing is postponed to 22-Apr-2026 | Matter is pending with KVAT Appellate Tribunal,Principal Bench , Ernakulam the hearing is postponed to 22-Apr-2026 |
| 5 | Deputy Commercial Tax Officer - 1, Commercial Tax Department Begumpet Division, Hyderabad (Rs.82 Lakhs) | 14-08-2023 | Company received a dismissal Order No 11 dt.24.01.26 from Appellate Joint Commissioner ( CT) Hyderabad In response, an appeal against the said order has been duly filed by the company before the Telangana VAT Appellate Tribunal, Hyderabad on 26.03.2026. The matter is now pending adjudication before the Tribunal | Company received a dismissal Order No 11 dt.24.01.26 from Appellate Joint Commissioner ( CT) Hyderabad In response, an appeal against the said order has been duly filed by the company before the Telangana VAT Appellate Tribunal, Hyderabad on 26.03.2026. The matter is now pending adjudication before the Tribunal |
| 6 | Assessing Officer, Income tax Department, Chennai (Rs.73.49 Lakhs) | 26-10-2010 | 1. ITAT has remanded back the case for fresh assessment by the AO for depreciation of temporary partition. 2. CIT (appeals) has dismissed the disallownace of prior period expenses | 1. ITAT has remanded back the case for fresh assessment by the AO for depreciation of temporary partition. 2. CIT (appeals) has dismissed the disallownace of prior period expenses |
| 7 | Assessing Officer, Income tax Department, Chennai (Rs.424.18 Lakhs) | 29-12-2009 | 1. Pending with High Court in respect of Depreciation on Application Software and IPO Expenses. 2. ITAT has remanded back the case for fresh assessment by the AO for Depreciation of Temporary Partition. 3. ITAT disallowed 2% on exempted income u/s. 14A. | 1. Pending with High Court in respect of Depreciation on Application Software and IPO Expenses. 2. ITAT has remanded back the case for fresh assessment by the AO for Depreciation of Temporary Partition. 3. ITAT disallowed 2% on exempted income u/s. 14A. |
| 8 | Assessing Officer, Income tax Department, Chennai (Rs.388.10 Lakhs) | 28-12-2010 | 1. Pending with High Court in respect of Depreciation on Application Software, IPO Expenses and disallowance u/s 14A. 2. ITAT has remanded back the case for fresh assessment by the AO with regard to depreciation on Temporary Partition and disallowance u/s 14A. | 1. Pending with High Court in respect of Depreciation on Application Software, IPO Expenses and disallowance u/s 14A. 2. ITAT has remanded back the case for fresh assessment by the AO with regard to depreciation on Temporary Partition and disallowance u/s 14A. |
| 9 | Assessing Officer, Income tax Department, Chennai (Rs. 433.61 Lakhs) | 27-12-2016 | The Appeal is pending with Commissioner of Income Tax (Appeals) Chennai | The Appeal is pending with Commissioner of Income Tax (Appeals) Chennai |
| 10 | Assessing Officer, Income tax Department, Chennai (Rs.34.19 Lakhs) | 30-03-2013 | 1. Pending with High Court in respect of Depreciation on Application Software, IPO Expenses and disallowance u/s.14A. 2. ITAT has remanded back the case for fresh assessment by the AO with regard to depreciation on Temporary Partition. | 1. Pending with High Court in respect of Depreciation on Application Software, IPO Expenses and disallowance u/s.14A. 2. ITAT has remanded back the case for fresh assessment by the AO with regard to depreciation on Temporary Partition. |
| 11 | Assessing Officer, Income tax Department, Chennai (Rs.117.10 Lakhs) | 25-03-2014 | 1. Pending with High Court in respect of IPO expenses. 2. ITAT has remanded back Depreciation on Temporary Partition and Interest on interest free advance to related parties to AO. | 1. Pending with High Court in respect of IPO expenses. 2. ITAT has remanded back Depreciation on Temporary Partition and Interest on interest free advance to related parties to AO. |
| 12 | Assessing Officer, Income tax Department, Chennai (Rs.190.92 lakhs) | 31-03-2015 | ITAT has passed the order on 26-07-2024. As we have not yet received any giving effect order from AO, we are awaiting for further proceedings. | ITAT has passed the order on 26-07-2024. As we have not yet received any giving effect order from AO, we are awaiting for further proceedings. |
| 13 | Assessing Officer, Income tax Department, Chennai (Rs.248.91 Lakhs) | 31-03-2016 | The case is pending with Commissioner of Income Tax (appeals) Chennai. | The case is pending with Commissioner of Income Tax (appeals) Chennai. |
| 14 | Assessing Officer, Income tax Department, Chennai (Rs.411.77 Lakhs) | 30-12-2016 | ITAT has passed the order on 26-07-2024. As we have not yet received any giving effect order from AO, we are awaiting for further proceedings. | ITAT has passed the order on 26-07-2024. As we have not yet received any giving effect order from AO, we are awaiting for further proceedings. |
| 15 | Assessing Officer, Income tax Department, Chennai (Rs.181.68 Lakhs) | 27-12-2017 | ITAT has passed the order on 26-07-2024. As we have not yet received any giving effect order from AO, we are awaiting for further proceedings. | ITAT has passed the order on 26-07-2024. As we have not yet received any giving effect order from AO, we are awaiting for further proceedings. |
| 16 | Assessing Officer, Income tax Department, Chennai (Rs.2744 Lakhs) | 30-12-2018 | The Appeal is pending with Commissioner of Income Tax (Appeals) Chennai. | The Appeal is pending with Commissioner of Income Tax (Appeals) Chennai. |
| 17 | CIT Appeals Chennai (Rs. 109.65 Lakhs) | 09-03-2022 | The case is pending with Commissioner of Income Tax (appeals) Chennai. | The case is pending with Commissioner of Income Tax (appeals) Chennai. |
| 18 | Additional Commissioner, Central Tax & Central Excise, Audit - I, Commissionerate, Chennai (Rs. 264 Lakhs) | 25-09-2023 | The Company proposes to prefer an appeal before the Hon�ble GST Appellate Tribunal (GSTAT) against the impugned order from Commisionar (Appeals I). | The Company has filed an appeal before the Hon'ble GST Appellate Tribunal (GSTAT) on 23 June 2026 against the impugned order passed by the Commissioner (Appeals-I), Chennai. |
| 19 | Excise & Taxation Officer of State Tax-cum-proper Officer SGST, Gurugram (East) (Rs.47 Lakhs) | 29-09-2023 | Fy 2017-2018 - The demand was revised to Rs 11.22 lacs . Online appeal is filed with The Appellate Authority , Haryana GST Department against the said demand . The appeal was filed on 22.03.24 against ARN Ref No.AD060324052680C. Matter is pending to be heard. | Fy 2017-2018 - The demand was revised to Rs 11.22 lacs . Online appeal is filed with The Appellate Authority , Haryana GST Department against the said demand . The appeal was filed on 22.03.24 against ARN Ref No.AD060324052680C. Matter is pending to be heard. |
| 20 | Income Tax Department, Office of the Income Tax Officer, Corporate Ward 1(1) Chennai, (Rs. 111.88 Lakhs) | 10-03-2025 | The Company has received an order today ( 26.03.2026 ) u/s 154 Revising the tax liability for the said year on account of disallowing the transactions totalling to Rs. 1,11,88,760 and has raised a demand of Rs. 1,12,48,270 which includes interest u/s 234 - A, B & C. The company is evaluating various options including filing of an appeal. | The Company has received an order today ( 26.03.2026 ) u/s 154 Revising the tax liability for the said year on account of disallowing the transactions totalling to Rs. 1,11,88,760 and has raised a demand of Rs. 1,12,48,270 which includes interest u/s 234 - A, B & C. The company is evaluating various options including filing of an appeal. |
| 21 | Income Tax Department, Office of the Income Tax Officer, Corporate Ward 1(1) Chennai, (Rs. 36.14 Lakhs) | 28-03-2025 | Reply to the Show Cause Notice under Section 148A has been submitted. No further communication has been received from the department. | Reply to the Show Cause Notice under Section 148A has been submitted. No further communication has been received from the department. |