3BBLACKBIOBSE3B BlackBio Dx LtdMinimalNeutral
Announced Fri, 22 May · 17:34 IST

Annual Secretarial Compliance Report for the year ended 31st March, 2026

3BBLACKBIO · price

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AI summary

3B BlackBio Dx Ltd (formerly Kilpest India Limited) has submitted its Annual Secretarial Compliance Report for FY 2025-26, certified by Practicing Company Secretary CS Praveen Kumar Rai. The report indicates the company generally complied with SEBI regulations. Two past deviations were noted: (1) Smt. Mithla Dubey continued as Non-Executive Director after age 75 without prior shareholder approval, resulting in a BSE fine of Rs 2,14,760 which was paid in March 2026; (2) The Nomination and Remuneration Committee composition did not meet regulatory requirements due to Mr. Shabbar Hussain completing his tenure as Independent Director on September 29, 2024. BSE had fined the company Rs 2,00,600 for this, but granted full waiver in March 2026 after the company reconstituted all committees. All other compliance areas including Secretarial Standards, Insider Trading, Related Party Transactions, and website disclosures were found satisfactory.

Likely market impact

Minor compliance issues have been resolved. The company paid one fine (Rs 2,14,760) and received full waiver for another (Rs 2,00,600). These historical governance gaps have been corrected through proper re-appointments and committee reconstitution, reducing regulatory risk for shareholders.