Annual Secretarial Compliance Report for the financial year ended 31st March 2026 certified by KRA & Associates, Practicing Company Secretaries.
Awaiting price reaction for this filing.
India Radiators Limited has submitted its Annual Secretarial Compliance Report for the financial year ended 31 March 2026, certified by KRA & Associates, Practicing Company Secretaries, Chennai. The report covers compliance with SEBI regulations including LODR 2015, Depositories Regulations 2018, SAST 2011, and PIT Regulations 2015. All compliance parameters — secretarial standards, board policies, website disclosures, director disqualification, document preservation, performance evaluation, related party transactions, event disclosures, and insider trading — are marked as compliant with zero deviations or observations. No penalties or violations were recorded during the review period. The report also notes that the company has filed a second motion petition before the NCLT Chennai Bench for the proposed merger with Mercantile Ventures Limited, which is under progress.
The clean compliance report with no deviations or penalties is a positive signal for shareholders, indicating the company maintained good corporate governance standards throughout FY 2025-26. The ongoing NCLT merger proceedings remain a key event to monitor.