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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
K. Arun & Co., Company Secretaries, submitted the Secretarial Compliance Report for AI Champdany Industries Ltd for FY 2025-26 under SEBI Regulation 24A. The company was largely compliant across 13 areas examined, including secretarial standards, board policies, website disclosures, and insider trading norms. One non-compliance was flagged: the renewal of 1,24,14,353 Non-Convertible 2% Cumulative Preference Shares (Rs. 5/- each) under Section 48 of the Companies Act, effective 30.03.2025, was disclosed to BSE on 29.07.2025, resulting in a delay of approximately 120 days against the prescribed 12-hour timeline. No fine or penalty was imposed. The report also noted two prior-year compliance issues (15-day delay in audited financials filing and board meeting gap exceeding 120 days) for which penalties were paid and corrective measures taken.
The delayed disclosure and recurring compliance lapses (three instances across two years) suggest weak internal compliance tracking mechanisms, though no financial penalty was imposed. This reflects governance risk and may concern investors focused on regulatory adherence.