General information about company | ||
| Scrip code | 544799 | |
| NSE Symbol | TURTLEMINT | |
| MSEI Symbol | NOTLISTED | |
| ISIN | INE0OC301013 | |
| Name of the entity | Turtlemint Fintech 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 | There were no instances of updates to Disclosure of Acquisition of Shares or Voting Rights in Unlisted Companies as per Annexure I Part C of the SEBI Circular dated December 31, 2024 to be disclosed during the quarter ended June 30, 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 | There were no instances of Imposition of Fine and Penalty as per Annexure I Part D of the SEBI Circular dated December 31, 2024 to be disclosed during the quarter ended June 30, 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 | Any other | |
| Is SCORE ID Available ? | Yes | |
| SCORE Registration ID | comt00699 | |
| 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 | Dhirendra Nalin Mahyavanshi | AIZPM1778L | 06652017 | Executive Director | Chairperson related to Promoter | CEO-MD | 01-12-1978 | |||||||||||||||||
| 2 | Mr | Anand Rohidas Prabhudesai | AQGPP4200R | 07106615 | Executive Director | Not Applicable | 15-11-1975 | ||||||||||||||||||
| 3 | Mr | Dinanath Mohandas Dubhashi | AAEPD9649J | 03545900 | Non-Executive - Independent Director | Not Applicable | 31-05-1966 | ||||||||||||||||||
| 4 | Mr | Alok Chandra Misra | ADLPM8219R | 01542028 | Non-Executive - Independent Director | Not Applicable | 05-11-1966 | ||||||||||||||||||
| 5 | Mr | Anup Wadhawan | AANPW7055N | 03565167 | Non-Executive - Independent Director | Not Applicable | 30-06-1961 | ||||||||||||||||||
| 6 | Ms | Mohua Sengupta | AZPPS4940M | 09092519 | Non-Executive - Independent Director | Not Applicable | 24-01-1969 | ||||||||||||||||||
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 | NA | 18-02-2025 | 12-07-2025 | 1 | 0 | 2 | 0 | ||||||||||||||||||||
| 2 | NA | 07-04-2015 | 12-07-2025 | 1 | 0 | 1 | 0 | ||||||||||||||||||||
| 3 | NA | 21-07-2025 | 21-07-2025 | 11.1 | 1 | 1 | 1 | 0 | |||||||||||||||||||
| 4 | NA | 21-07-2025 | 21-07-2025 | 11.1 | 4 | 3 | 5 | 4 | |||||||||||||||||||
| 5 | NA | 21-07-2025 | 21-07-2025 | 11.1 | 4 | 4 | 6 | 3 | |||||||||||||||||||
| 6 | NA | 21-07-2025 | 21-07-2025 | 11.1 | 1 | 1 | 0 | 0 | |||||||||||||||||||
Annexure 1 | |||||||
II. Composition of Committees | |||||||
| Disclosure of notes on composition of committees explanatory | Textual Information(1) | ||||||
Annexure 1 Text Block | |
| Textual Information(1) | The Company got listed on BSE and NSE on June 29, 2026. Hence, the Company does not fall in top 1000 listed entities as per the market capitalization of immediately preceding financial year. However, the Company has voluntarily constituted Risk Management Committee on July 21, 2025, details of which are given in the tab of Risk Management Committee. |
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 | 01542028 | Alok Chandra Misra | Non-Executive - Independent Director | Chairperson | 21-07-2025 | ||
| 2 | 03565167 | Anup Wadhawan | Non-Executive - Independent Director | Member | 21-07-2025 | ||
| 3 | 06652017 | Dhirendra Nalin Mahyavanshi | Executive Director | Member | 21-07-2025 | ||
| 4 | 03545900 | Dinanath Mohandas Dubhashi | Non-Executive - Independent Director | Member | 21-07-2025 | ||
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 | 03545900 | Dinanath Mohandas Dubhashi | Non-Executive - Independent Director | Chairperson | 21-07-2025 | ||
| 2 | 01542028 | Alok Chandra Misra | Non-Executive - Independent Director | Member | 21-07-2025 | ||
| 3 | 03565167 | Anup Wadhawan | Non-Executive - Independent Director | Member | 21-07-2025 | ||
| 4 | 06652017 | Dhirendra Nalin Mahyavanshi | Executive Director | Member | 18-11-2025 | ||
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 | 01542028 | Alok Chandra Misra | Non-Executive - Independent Director | Chairperson | 21-07-2025 | ||
| 2 | 06652017 | Dhirendra Nalin Mahyavanshi | Executive Director | Member | 21-07-2025 | ||
| 3 | 07106615 | Anand Rohidas Prabhudesai | Executive Director | Member | 21-07-2025 | ||
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 | 03565167 | Anup Wadhawan | Non-Executive - Independent Director | Chairperson | 21-07-2025 | ||
| 2 | 01542028 | Alok Chandra Misra | Non-Executive - Independent Director | Member | 21-07-2025 | ||
| 3 | 03545900 | Dinanath Mohandas Dubhashi | Non-Executive - Independent Director | Member | 21-07-2025 | ||
| 4 | 06652017 | Dhirendra Nalin Mahyavanshi | Executive Director | Member | 21-07-2025 | ||
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 |
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 | 14-01-2026 | Yes | 6 | 5 | 4 | |||
| 2 | 16-01-2026 | 1 | Yes | 6 | 5 | 3 | ||
| 3 | 28-01-2026 | 11 | Yes | 6 | 4 | 2 | ||
| 4 | 26-03-2026 | 56 | Yes | 6 | 5 | 3 | ||
| 5 | 28-05-2026 | 62 | Yes | 6 | 4 | 3 | ||
| 6 | 03-06-2026 | 5 | Yes | 6 | 6 | 4 | ||
| 7 | 15-06-2026 | 11 | The Company held two Board Meetings on June 15, 2026. Due to a validation constraint in the XBRL utility that does not permit entering two Board Meetings on the same date (displaying the validation error - Please enter a days gap between two meetings), only one of the meetings has been captured in the relevant XBRL field. The details of the other Board Meeting are provided below for disclosure purposes Date of Meeting - June 15, 2026 Whether quorum was present - Yes Total number of Directors - 6 Number of Directors present - 4 Number of Independent Directors attending the Meeting - 3 | Yes | 6 | 5 | 3 | |
| 8 | 23-06-2026 | 7 | Yes | 6 | 4 | 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 | 14-01-2026 | Yes | 4 | 4 | 3 | 0 | |||
| 2 | Audit Committee | 16-01-2026 | 1 | Yes | 4 | 3 | 2 | 0 | ||
| 3 | Audit Committee | 28-01-2026 | 11 | Yes | 4 | 3 | 2 | 0 | ||
| 4 | Audit Committee | 05-02-2026 | 7 | Yes | 4 | 3 | 2 | 0 | ||
| 5 | Audit Committee | 21-05-2026 | 104 | Yes | 4 | 4 | 3 | 0 | ||
| 6 | Audit Committee | 28-05-2026 | 6 | Yes | 4 | 3 | 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 | Audit Committee | 02-06-2026 | 4 | Yes | 4 | 4 | 3 | 0 | ||
| 8 | Audit Committee | 15-06-2026 | 12 | Yes | 4 | 4 | 3 | 0 | ||
| 9 | Audit Committee | 23-06-2026 | 7 | Yes | 4 | 3 | 2 | 0 | ||
| 10 | Nomination and remuneration committee | 26-03-2026 | Yes | 4 | 3 | 2 | 0 | |||
| 11 | Nomination and remuneration committee | 15-04-2026 | 19 | Yes | 4 | 3 | 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) | 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 | |
| 9 | Any comments/observations/advice of Board of Directors may be mentioned here: | Textual Information(1) | |
Annexure 1 | ||
| Sr | Subject | Compliance status |
| 1 | Name of signatory | Prashant Saini |
| 2 | Designation | Company Secretary and Compliance Officer |
Text Block | |
| Textual Information(1) | The Company got listed on BSE and NSE on June 29, 2026. Hence, the Company does not fall in top 1000 listed entities as per the market capitalization of immediately preceding financial year. However, the Company has voluntarily constituted Risk Management Committee on July 21, 2025 in compliance with SEBI (LODR) Regualations, 2015 |
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 | Prashant Saini |
| Designation of person | Company Secretary and Compliance Officer |
| Place | Mumbai |
| Date | 30-07-2026 |
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 | Joint Commissioner, CGST &CX Thane Commissionerate | 15-06-2023 | The Directorate General of GST Intelligence has levied the penalty against the Company under section 122 (1) of the CGST Act,2017 f of Rs. 511.96 millions (as disclosed in financial statements for the year ended March 31, 2025). The Company has filed an appeal agianst the said penalty orders | The Company has filed the appeal, regularly attended hearings, and responded to the queries raised by the appellate authority |
| 2 | Office of the Assistant Commissioner of income tax, Central circle, Mumbai | 26-09-2024 | The Income Tax Department passed assessment orders under Sections 143(3) and 147 for FY 2017-18, 2019-20, 2020-21, 2021-22 and 2022-23, making ad hoc disallowances under Section 37 aggregating to INR 62.25 million. (as disclosed in financial statement for the year ended March 31, 2025) . The disalowances were set off against brought-forward tax losses resulting in a nil tax demand. Penalty proceedings under Sections 270A and 271AAD have been initiated but are currently kept in abeyance, pending disposal of the Company’s appeals. | The Company has filed the appeal and responded to the queries raised by the appellate authority |