Annual Secretarial Compliance Report for the Financial Year ended March 31st, 2026
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Bhatia Colour Chem Limited has filed its Annual Secretarial Compliance Report for FY 2025-26 as required under SEBI Regulation 24A. The Secretarial Auditor, CS Ranjit Binod Kejriwal, reported three non-compliances: (1) a typographical error in the initial disclosure of Board Meeting outcome dated May 12, 2025, which was corrected the next day; (2) delay in submitting shareholding pattern beyond the 10-day deadline prescribed under Regulation 31, filed on May 22, 2025; and (3) failure to update e-voting details of the AGM on CDSL portal as required under a SEBI circular. The auditor noted that a similar typographical error had occurred in the previous year's Annual Report (FY 2023-24), which was also rectified. The company has stated it has taken steps to strengthen its compliance mechanisms.
The report highlights recurring procedural errors and delays in regulatory filings. While no fines or enforcement actions were imposed, the repeated nature of typographical errors suggests weak internal verification controls. Shareholders should monitor whether the company successfully implements stronger compliance processes going forward.