ACI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Archean Chemical Industries has submitted its annual secretarial compliance report for FY 2025-26, reviewed by CS firm HVS & Associates. The company was largely compliant with SEBI regulations but flagged one instance of delayed disclosure under Regulation 30, where intimations to stock exchanges were submitted after the prescribed timeline. Management stated this was due to internal assessment and materiality evaluation being completed first. Additionally, the report notes resolution of a prior year issue: the company faced a 92-day gap in appointing a Compliance Officer during 2024-25 following multiple resignations, leading to a penalty that was partially waived by NSE (Rs 35,000 + GST paid). All other areas including secretarial standards, related party transactions, insider trading norms, and website disclosures were found compliant.
One regulatory deviation (delayed stock exchange intimation) was noted for the current year, though no penalty was specified. This suggests minor procedural lapses rather than serious governance failures. The prior compliance officer vacancy issue has been closed with penalty paid. Shareholders should note the company is taking steps to improve timeliness of disclosures going forward.