Annual Secretarial Compliance Report for the financial year 2025-2026.
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Binny Mills Ltd has filed its Annual Secretarial Compliance Report for FY 2025-26, examined by Practising Company Secretary K. Elangovan. The company generally shows compliance with SEBI regulations including secretarial standards, policy updates, website maintenance, related party transactions, and insider trading norms. However, the report highlights delayed compliance filings: annual report submission under Regulation 34 attracted a penalty of Rs. 2.16 lakh, financial results filing attracted Rs. 1.29 lakh penalty, and another filing penalty of Rs. 27,000. BSE revoked the trading suspension effective 17-07-2025 and approved promoter reclassification under Regulation 31(A) in August 2025. The company has no subsidiary companies.
The company has paid regulatory fines for delayed filings but demonstrates overall compliance intent. Trading resumption and promoter reclassification approval are positive developments, though historical compliance delays may concern investors about operational efficiency.