General information about company | ||
| Scrip code | 532815 | |
| NSE Symbol | SMSPHARMA | |
| MSEI Symbol | NOTLISTED | |
| ISIN | INE812G01025 | |
| Name of the entity | SMS PHARMACEUTICALS LIMITED | |
| Date of start of financial year | 01-04-2025 | |
| Date of end of financial year | 31-03-2026 | |
| Reporting Quarter Type | Quarterly | |
| Date of Quarter Ending | 31-12-2025 | |
| 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? | No | NA |
| 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 | Applicable | |
| Market Capitalisation as per immediate previous Financial Year | Top 1000 listed entities | |
| Is SCORE ID Available ? | Yes | |
| SCORE Registration ID | s04103 | |
| 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 | Yes | ||||||||||||||||||||||||
| 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 | Ramesh Babu Potluri | ADFPP2514C | 00166381 | Executive Director | Chairperson | MD | 23-06-1959 | |||||||||||||||||
| 2 | Mr | Shravan Kudaravalli | AAZPK5473C | 06905851 | Non-Executive - Independent Director | Not Applicable | 28-04-1978 | ||||||||||||||||||
| 3 | Mr | Sarvepalli Srinivas | AKIPS7692B | 02292051 | Non-Executive - Independent Director | Not Applicable | 29-06-1962 | ||||||||||||||||||
| 4 | Mr | Vamsi Krishna Potluri | AQSPP0412F | 06956498 | Executive Director | Not Applicable | 15-08-1988 | ||||||||||||||||||
| 5 | Mr | Trilok Potluri | AQSPP0471A | 07634613 | Non-Executive - Non Independent Director | Not Applicable | 27-12-1989 | ||||||||||||||||||
| 6 | Mr | Sunkara Venkata Satya Shiva Prasad | AHHPP2222R | 10404277 | Non-Executive - Non Independent Director | Not Applicable | 15-09-1961 | ||||||||||||||||||
| 7 | Mr | Suresh Kumar Gangavarapu | ACGPG1928H | 00183128 | Non-Executive - Independent Director | Not Applicable | 22-01-1951 | ||||||||||||||||||
| 8 | Mrs | Shanti Sree Bolleni | ACEPB2943H | 07092258 | Non-Executive - Independent Director | Not Applicable | 17-05-1962 | ||||||||||||||||||
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 | |||||||||||||||||||||||
| 7 | No | Active | |||||||||||||||||||||||
| 8 | 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 | NA | 30-08-1990 | 01-10-2021 | 0 | 1 | 0 | 0 | 0 | |||||||||||||||||||
| 2 | NA | 20-09-2018 | 26-05-2023 | 31 | 1 | 1 | 1 | 1 | |||||||||||||||||||
| 3 | NA | 12-08-2019 | 12-08-2024 | 16 | 1 | 1 | 1 | 0 | |||||||||||||||||||
| 4 | NA | 05-06-2020 | 01-07-2025 | 0 | 1 | 0 | 1 | 0 | |||||||||||||||||||
| 5 | NA | 12-08-2024 | 0 | 1 | 0 | 1 | 0 | ||||||||||||||||||||
| 6 | NA | 12-08-2024 | 0 | 2 | 1 | 2 | 1 | ||||||||||||||||||||
| 7 | Yes | 30-09-2024 | 12-08-2024 | 16.2 | 1 | 1 | 1 | 0 | |||||||||||||||||||
| 8 | NA | 12-08-2024 | 16.2 | 5 | 5 | 9 | 1 | ||||||||||||||||||||
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 | 06905851 | Shravan Kudaravalli | Non-Executive - Independent Director | Chairperson | 26-05-2018 | ||
| 2 | 00183128 | Suresh Kumar Gangavarapu | Non-Executive - Independent Director | Member | 12-08-2024 | ||
| 3 | 06956498 | Vamsi Krishna Potluri | Executive Director | Member | 12-08-2024 | ||
| 4 | 07092258 | Shanti Sree Bolleni | Non-Executive - Independent Director | Member | 30-05-2025 | ||
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 | 07092258 | Shanti Sree Bolleni | Non-Executive - Independent Director | Chairperson | 12-08-2024 | ||
| 2 | 00183128 | Suresh Kumar Gangavarapu | Non-Executive - Independent Director | Member | 12-08-2024 | ||
| 3 | 10404277 | Sunkara Venkata Satya Shiva Prasad | Non-Executive - Non Independent Director | Member | 12-08-2024 | ||
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 | 10404277 | Sunkara Venkata Satya Shiva Prasad | Non-Executive - Non Independent Director | Chairperson | 12-08-2024 | ||
| 2 | 07634613 | Trilok Potluri | Non-Executive - Non Independent Director | Member | 12-08-2024 | ||
| 3 | 02292051 | Sarvepalli Srinivas | Non-Executive - Independent Director | Member | 12-08-2019 | ||
| 4 | 07092258 | Shanti Sree Bolleni | Non-Executive - Independent Director | Member | 12-08-2024 | ||
Risk Management Committee | |||||||
| Whether the Risk Management 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 | 00166381 | Ramesh Babu Potluri | Executive Director | Chairperson | 28-05-2021 | ||
| 2 | 06956498 | Vamsi Krishna Potluri | Executive Director | Member | 28-05-2021 | ||
| 3 | 06905851 | Shravan Kudaravalli | Non-Executive - Independent Director | Member | 28-05-2021 | ||
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 | 00166381 | Ramesh Babu Potluri | Executive Director | Chairperson | 01-12-2008 | ||
| 2 | 06905851 | Shravan Kudaravalli | Non-Executive - Independent Director | Member | 12-08-2019 | ||
| 3 | 02292051 | Sarvepalli Srinivas | Non-Executive - Independent Director | Member | 12-08-2019 | ||
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 | 01-07-2025 | Yes | 8 | 7 | 3 | |||
| 2 | 09-08-2025 | 38 | Yes | 8 | 8 | 4 | ||
| 3 | 16-10-2025 | 67 | Yes | 8 | 6 | 4 | ||
| 4 | 08-11-2025 | 22 | Yes | 8 | 7 | 4 | ||
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 | 08-08-2025 | Yes | 4 | 4 | 3 | 0 | |||
| 2 | Audit Committee | 16-10-2025 | 68 | Yes | 4 | 3 | 3 | 0 | ||
| 3 | Audit Committee | 07-11-2025 | 21 | Yes | 4 | 4 | 3 | 0 | ||
| 4 | Stakeholders Relationship Committee | 08-11-2025 | 0 | Yes | 4 | 3 | 2 | 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) | Yes |
| 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 | Ramesh Babu Potluri |
| 2 | Designation | Managing Director |
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 | Ramesh Babu Potluri |
| Designation of person | Managing Director |
| Place | Hyderabad |
| Date | 30-01-2026 |
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 | SMS PEPTIDES PRIVATE LIMITED | 26-12-2025 | 99.98 | 0.01 | 99.99 |
| 2 | SMS COLAB PRIVATE LIMITED | 23-12-2025 | 0 | 100 | 100 |
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 | Faceless Assessment Unit, Income Tax Department | 23-03-2025 | The Company has received an Income Tax Assessment Order dated 22nd March, 2025, under Section 144 read with Section 144B of the Income Tax Act, 1961 for the Assessment Year 2023-24 along with demand notice and penalty notice. The Assessment Unit has made an addition to the income returned and raised a demand for an amount of Rs. 45.63 Crores including interest. The Company has filed Grievance Petition to High Pitched Assessment Committee and appeal before the Commissioner of Income Tax (Appeals), National Faceless Appeals Centre against the Assessment Order dated 22nd March, 2025, under Section 144 read with Section 144B of the Income Tax Act, 1961 for the Assessment Year 2023-24. The Company has also filed stay petition before the Assessing Officer & the Principal Commissioner of Income Tax-CIT-I, Hyderabad. Further the company has also filed reply against penalty notice with the Assessment Unit, Income Tax Department. The company has received notice dated 15th May 2025 from Income Tax Department related to previous penalty notice dated 22nd March 2025 to re-submit/upload the information on or before 26th May 2025. The company has submitted all the relevant information on 24th May 2025.The Company received an online service of the assessment order dated 15th July, 2025, in connection with the outstanding arrear demand of Rs.45.63 Crores pertaining to Assessment Year 2023-24. The Company has submitted its reply on 17th July, 2025, stating that the appeal is pending before the CIT (Appeals) and also grievance petition pending before the High-Pitched Assessment Committee. | During the quarter, the Company received a notice dated 18.11.2025, wherein the Appellant was directed to file written submissions, ground-wise, along with supporting documentary evidence on or before 24.11.2025. The Company has duly submitted the grounds of appeal along with the requisite documentary evidence on 22.11.2025 Further the company has also received notice dated 18.12.2025 stating to submit the additional documentary evidence with respect to grounds of appeal. The company has submitted a detailed reply with documentary evidence after quarter ended i.e. on 12.01.2026 along with Additional Evidence Petition under rule 46A. |