Annual Secretarial Compliance report for the year ended March 31, 2026
3MINDIA · price
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3M India Limited has submitted its Annual Secretarial Compliance Report for FY 2025-26, certified by Practising Company Secretary Vijayakrishna K T. The report confirms the company largely complied with SEBI regulations including LODR, PIT, and other applicable regulations. One deviation was noted: a delay in disclosing Related Party Transactions under Regulation 23(9) for the half-year ended September 30, 2025, caused by technical glitches in the new Integrated XBRL filing utility. Stock exchanges NSE and BSE each levied a fine of Rs. 5,000, which the company has paid. The Board noted the inadvertent delay and has strengthened compliance monitoring mechanisms. No other non-compliances were observed, and previous year had no pending observations.
The filing shows 3M India maintained strong regulatory compliance overall, with only a minor technical procedural lapse resulting in a small Rs. 10,000 combined fine. This should have minimal negative impact on shareholder sentiment as the company acted promptly to address the issue and strengthen its compliance processes.