Annual Secretarial Compliance Report for the Year ended March 31, 2026
Awaiting price reaction for this filing.
Redmax Footwears Limited (formerly Viaan Industries Limited) has filed its Annual Secretarial Compliance Report for FY ended March 2026. The company underwent a name change effective 05.05.2025 via MCA approval and is in the process of updating the name with BSE (Scrip Code: 537524). The secretarial auditor (Kapil Kumar & Co.) reported 6 compliance deviations: delays in filing compliance certificates (2-day and 21-day delays), delays in quarterly shareholding pattern filings (1-day, 1-day, and 8-day delays), and a 32-day delay in annual promoter share encumbrance disclosure. Additionally, the company failed to update its website with mandatory disclosures under SEBI LODR Regulations 46 and 30. BSE also issued notices for XBRL formatting errors and promoter data discrepancies, all of which the company states have been rectified. No penalties appear to have been imposed. The prior year's report had no pending observations.
The multiple filing delays and BSE notices indicate operational weakness in regulatory compliance processes. While all issues appear to have been addressed retroactively, the pattern of repeated delays (across 5 quarters) and website non-compliance may attract regulatory scrutiny. Shareholders should note the ongoing name change transition and monitor whether compliance discipline improves going forward.