Annual Secretarial Compliance Report for the Year ended March 2026
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Azad India Mobility Ltd (formerly Indian Bright Steel Co Limited) has submitted its Annual Secretarial Compliance Report for FY 2025-26, prepared by Janki & Associates, Company Secretaries. The report covers compliance with SEBI regulations including LODR, ICDR, SAST, PIT, and others. The company has largely maintained compliance with applicable secretarial standards, adopted required policies, preserved documents, and conducted board performance evaluations. One material subsidiary was identified: Azad Mobility Private Limited (99.00% stake). Two minor compliance lapses were noted: a 1-day delay in filing compliance documents and a 1-day delay in filing under Regulation 23(9), both resulting in minor fines.
The company received a largely clean compliance report with minor delays noted. The isolated 1-day filing delays suggest no systemic governance issues, though shareholders should note the two minor penalty instances for future monitoring.