General information about company |
| Scrip code | 000000 |
| NSE Symbol | VR |
| MSEI Symbol | NOTLISTED |
| ISIN | INE0QQM01017 |
| Name of the entity | V R Infraspace Limited |
| Date of start of financial year | 01-04-2025 |
| Date of end of financial year | 31-03-2026 |
| Reporting Quarter Type | Half Yearly |
| Date of Quarter Ending | 30-09-2025 |
| Type of company | SME |
| 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 | As per the provisions of Regulation 15(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the compliance with the provision as specified in regulations 17, 17A, 18, 19, 20, 21, 22,24, 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 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 shall not apply on the listed entity which has listed its specified securities on the SME Exchange. Accordingly, it may be noted that the Company has listed its equity shares on the NSE EMERGE Platform. As the company falls under the ambit of the aforesaid exemption, a compliance with the Corporate Governance provisions specified in the aforesaid Regulation shall not be applicable to the Company for the quarter ended September 30, 2025. |
| 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 | |
| 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 | No Loans, Guarantees, Comfort Letters or Securities given by the Company in relation to Promoters, Promoters' Group, Directors (including their relatives), KMP (including their relatives) or any other entity controlled by them, directly or indirectly. The Company has extended a loan and provided guarantee to its subsidiary, Daxon Realty Limited, whose accounts are fully consolidated with the Company in accordance with the applicable accounting standards. Consequently, the disclosure requirements specified under SEBI Circular dated December 31, 2024 (Annexure I, Part F) do not apply in the present circumstances for the half year ended September 30, 2025. |
| Is SCORE ID Available ? | Yes |
| SCORE Registration ID | comv00480 |
| Reason For No SCORE ID | |
| Type of Submission | Original |
| Remarks (website dissemination) | |
| Remarks for Exchange (not for Website Dissemination) | |
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 | Tradio Exim Private Limited | 27-01-2025 | 70 | 0 | 70 |
| 2 | Daxon Industries Private Limited | 27-01-2025 | 70 | 0 | 70 |
| 3 | Daxon Realty Limited | 26-04-2024 | 51 | 0 | 51 |
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 | The Deputy Commissioner of State Tax, Appeal-5, Vadodara | The Appellate Authority - Deputy Commissioner of State Tax, Appeal-5, Vadodara, vide the order dated September 10, 2025, has modified the demand order earlier issued by the State Tax Officer under Section 73 of the Goods and Services Tax Act. The appellate authority has annulled the GST demand while sustaining only the payment of interest of Rs. 19568 and penalty of Rs. 2212 under the IGST Act aggregating to Rs. 21,780. Consequently, the Company has been granted relief of Rs. 18,44,628. Accordingly, pursuant to the appellate order, the Company is liable only to the extent of Rs. 21,780 towards interest and penalty under the IGST Act, and no further GST demand subsists. | 15-09-2025 | The original demand order had raised a total demand of Rs. 18,62,416 (including penalty and interest), alleging excess claim of Input Tax Credit during the period from April 2019 to March 2020. The appellate authority has annulled the GST demand while sustaining only the payment of interest of Rs. 19568 and penalty of Rs. 2212 under the IGST Act aggregating to Rs. 21,780. Consequently, the Company has been granted relief of Rs. 18,44,628. | Penalty of Rs. 2212 has been paid by the Company. The order has no material financial, operational or any other kind of impact on V R Infraspace Limited. |
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 | State Tax Officer, Ghatak 41, Range 10, Div 5 Vadodara (FY 2018-19) | 24-06-2024 | The Company received on, March 29, 2024, a Demand order dated March 29, 2024 from The Office of State Tax Officer, confirming a demand of Rs. 17.42 Lakhs for the Financial Year 2018- 2019. The Company had filed appeal against the demand order passed by State Tax Officer, Ghatak 41, Range 10, Div 5, Vadodara for FY 2018-19 of Rs. 17.42 Lakhs on June 24, 2024. Hearing done, order awaited. | The Appellate Authority - Deputy Commissioner of State Tax, Appeal-5, Vadodara, vide the order dated September 10, 2025, has annulled the demand order issued by the State Tax Officer under Section 73 of the Goods and Services Tax Act. The original demand order had raised a total demand of Rs. 17,42,106 (including penalty and interest), alleging excess claim of Input Tax Credit during the period from April 2018 to March 2019. Consequently, the earlier demand no longer subsists and no liability is payable by the Company pursuant to the order. |
| 2 | State Tax Officer, Ghatak 41, Range 10, Div 5 Vadodara (FY 2019-20) | 04-10-2024 | The Company received on, August 29, 2024, a Demand order dated August 29, 2024 from the Office of State Tax Officer, wherein a demand of Rs. 18.62 Lakhs, including interest and penalty for period April 2019 - March 2020 has been raised. The Company had filed appeal against the demand order passed by State Tax Officer, Ghatak 41, Range 10, Div 5, Vadodara for FY 2019-20 of Rs.18.62 Lakhs on October 04, 2024. Hearing done, order awaited. | The Appellate Authority - Deputy Commissioner of State Tax, Appeal-5, Vadodara, vide the order dated September 10, 2025, has modified the demand order earlier issued by the State Tax Officer under Section 73 of the Goods and Services Tax Act. The original demand order had raised a total demand of Rs. 18,62,416 (including penalty and interest), alleging excess claim of Input Tax Credit during the period from April 2019 to March 2020. The appellate authority has annulled the GST demand while sustaining only the payment of interest and penalty under the IGST Act aggregating to Rs. 21,780. Consequently, the Company has been granted relief of Rs. 18,44,628. Accordingly, pursuant to the appellate order, the Company is liable only to the extent of Rs. 21,780 towards interest and penalty under the IGST Act, and no further GST demand subsists.
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