Annual Secretarial Compliance Report for the year ended March 31, 2026.
AUTOAXLES · price
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Automotive Axles Limited has filed its Annual Secretarial Compliance Report for FY 2025-26, certified by Practicing Company Secretary Ms. Pracheta M. The report shows NIL deviations under SEBI regulations for the review period. Three observations from the previous year (FY 2024-25) have been addressed: two delays in stock exchange disclosures regarding senior management resignations (Mr. Maddala Rishikesh and Mr. Nikhil Prabhu) and one delay in payment of Rs. 57,650 differential custom duty with interest and penalty. The company has implemented corrective measures including reinforced internal review processes and streamlined standard protocol procedures. All compliance parameters including secretarial standards, policy adoptions, website disclosures, insider trading norms, and related party transactions were found satisfactory for the current year.
Clean compliance report indicates good corporate governance practices. Previous regulatory issues have been resolved, which is positive for investor confidence. No SEBI actions or penalties are pending against the company.