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Incorporated in 1985, Munjal ShowaLtd manufactures auto componentsfor two-wheelers and four-wheeler
Company announced its 41st AGM on August 24 via VC/OAVM. Key dates: Dividend Record Date August 5, Book Closure August 6-24. Dividend payment by September 23, subject to approval. Annual Report accessible online. Update KYC for electronic dividend.
Munjal Showa announced the Ministry of Corporate Affairs has approved Mr. Hitoshi Fukagawa's appointment as Joint Managing Director for a five-year term. This finalizes a key management role, concluding the previously delayed process.
Munjal Showa has strengthened its internal codes governing insider trading and fair disclosure of price-sensitive information. This Board-approved update enhances compliance and safeguards market integrity for investors.
Munjal Showa received an income tax penalty of ₹0.37 Cr for alleged inaccurate income particulars. The company plans to challenge this assessment by filing an appeal.
Munjal Showa faces a ₹7.04 Cr tax demand for AY2022-23, stemming from a ₹22.55 Cr adjustment related to royalty payments. This increased its assessed income. The company intends to challenge the demand by filing an appeal.