Annual Secretarial Compliance Report for FY-2025-26.
Awaiting price reaction for this filing.
Arique Limited (formerly PAE Limited) has submitted its Secretarial Compliance Report for FY 2025-26, confirming compliance with all applicable SEBI regulations including LODR, ICDR, SAST, and PIT regulations. The report notes a significant management change following an NCLT order and the completion of CIRP (Corporate Insolvency Resolution Process) on May 2, 2025. Historical non-compliances were identified including late submissions of quarterly financial results, annual reports, and shareholding patterns—fines totaling approximately Rs 18.38 lakh were imposed, with most waived by BSE. All 12 compliance areas checked received 'Yes' or 'NA' status, indicating full compliance. New auditors M/s J M Patel & Bros were appointed for FY 2025-30, with shareholders confirming the appointment in the AGM held on March 7, 2026.
The clean compliance report for FY 2025-26 is positive for shareholders as it confirms the company has stabilized governance after exiting CIRP. The waiver of most past penalties reduces financial burden. The name change to Aurique Limited signals a fresh start post-restructuring.