Annual Secretarial Compliance Report for the financial year ended 31st March, 2026.
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Alicon Castalloy Ltd has filed its Secretarial Compliance Report for FY ended March 31, 2026, as required under SEBI LODR Regulation 24A. The key deviation reported was a 141-day delay in appointing a Company Secretary & Compliance Officer after the previous one unexpectedly resigned upon resuming from maternity leave in March 2025. The company paid total penalties of Rs. 1,66,380 (BSE: Rs. 10,620, NSE: Rs. 1,55,760) for this delay. A previous year observation regarding short notice for a board meeting also resulted in a penalty of Rs. 11,800, which was paid. The company has been compliant with all other SEBI regulations including Secretarial Standards, Related Party Transactions, Insider Trading norms, and disclosure requirements.
This is a routine compliance filing. While the company faced regulatory penalties for delayed compliance appointments and board meeting intimation, it has paid all fines and currently appears fully compliant. This should not materially impact the stock, though minor investor caution may persist around governance practices.