Naturewings Holidays Ltd

Naturewings Holidays Ltd has disclosed the receipt of a GST notice from the Office of the Deputy Commissioner, State Tax, Kolkata. The notice pertains to GST assessments for FY 2022-23, FY 2023-24, and the period of April-December 2024. The company has been issued a total demand of ₹66,32,788.28, including tax, interest, and penalty. The demand arises from the company's alleged failure to charge GST on tour package services to international destinations for B2C supplies. Naturewings Holidays stated that there is no material financial impact at this stage and plans to file an appeal with the appellate authority.

Naturewings Holidays Ltd has appointed M/s. K Jatin & Co. as secretarial auditor for FY 2026-27 and Rajat Kala & Associated as internal auditor for FY 2026-27. The board also approved the standalone audited financial statements for the year ended March 31, 2026, and appointed Mr. Kunaal Deepak Agashe as an Independent Director for 5 years, subject to shareholder approval.

Naturewings Holidays Ltd reported no deviation or variation in the utilization of funds raised through its public issue on September 10, 2024. The report, filed for the quarter ended March 31, 2025, indicates that the funds were utilized as originally planned across working capital, marketing and business promotion, general corporate purposes, and issue-related expenses. A balance of ₹9.46 Lakhs remains unutilized and is held in an Escrow Account with ICICI Bank.

Naturewings Holidays Ltd. has appointed Mr. Kunaal Deepak Agashe as an Independent Director for a term of 5 years, subject to shareholder approval. The company also appointed M/s. K Jatin & Co. as secretarial auditor for FY 2026-27 and Rajat Kala & Associated as internal auditor for FY 2026-27. These decisions were made during a board meeting held on May 29, 2026, where the audited financial statements for the year ended March 31, 2026, were also approved.

Naturewings Holidays Ltd. has appointed Mr. Kunaal Deepak Agashe as an Independent Director for a term of 5 years, subject to shareholder approval. The company also appointed M/s. K Jatin & Co. as secretarial auditor for FY 2026-27 and Rajat Kala & Associated as internal auditor for FY 2026-27. These decisions were made during a board meeting held on May 29, 2026, where the audited financial statements for the year ended March 31, 2026, were also approved.

Naturewings Holidays Ltd. approved the standalone audited financial statements for the year ended March 31, 2026. The board also appointed Mr. Kunaal Deepak Agashe as an Independent Director for 5 years, subject to shareholder approval. Additionally, M/s. K Jatin & Co. was appointed as secretarial auditor for FY 2026-27, and Rajat Kala & Associated as the internal auditor for FY 2026-27. The auditor's report has an unmodified opinion on the financial results.

Naturewings Holidays Ltd has scheduled a meeting of its Board of Directors on May 29, 2026, to consider and approve the audited financial results of the company for the financial year ended March 31, 2026, and to transact such other business as may be considered necessary.

Naturewings Holidays Ltd has clarified a significant movement in its share price, stating that it is in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has been disclosing all material information to the Stock Exchange(s) and there is no undisclosed material information that could affect the price/volume behavior. The movement is attributed to general market conditions and investor sentiment.

Naturewings Holidays Ltd. has announced the closure of its trading window for all insiders, including designated persons and their immediate relatives, from 1st April 2026 till 48 hours after the declaration of audited financial results for the year ending on 31st March 2026. This decision is in accordance with the Company's 'Code of conduct for prohibition of Insider Trading' and the SEBI (Prohibition of Insider Trading) Regulations, 2015. The trading window will reopen 48 hours after the financial results are declared to the stock exchange. The date for the Board Meeting to consider and approve the audited financial results for the year ended 31st March 2026 will be intimated separately.

Naturewings Holidays Ltd has appointed M/s. Rajat Kala & Associates, Chartered Accountants, Kolkata as its Internal Auditor for the financial year 2025-2026. The appointment was made at the Board of Directors' meeting held on 27th March 2026. Rajat Kala & Associates is a professionally managed Chartered Accountancy firm known for its Internal Audit, Risk Advisory, Assurance, and Compliance services. The firm adopts a risk-based, process-driven, and management-oriented approach to internal audit with emphasis on governance, operational efficiency, and control strengthening.