Annual Secretarial Compliance Report for Financial Year Ended March 31, 2026, is attached.
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Belding India Ltd (formerly Synthiko Foils Limited) has filed its Annual Secretarial Compliance Report for FY 2025-26, certified by HSPN & Associates LLP. The report indicates the company has generally complied with applicable SEBI regulations and secretarial standards. One minor deviation was noted: a delay of approximately 39 minutes in furnishing prior intimation about a Board of Directors meeting to BSE Limited under Regulation 29 of SEBI Listing Regulations. BSE Limited levied a monetary fine of Rs. 11,800 (including GST) for this delay. The management attributed the delay to inadvertent oversight and stated they have strengthened internal compliance monitoring processes to prevent recurrence. This is the company's first secretarial compliance report as per SEBI circular dated February 8, 2019.
The minor penalty is unlikely to materially impact the stock price. The company's overall compliance posture appears satisfactory with no major regulatory violations, and management's commitment to strengthening compliance processes is a positive indicator for investors.