Please find enclosed the Annual Secretarial Compliane Report of the Company for the year ended March 31, 2026.
BOMDYEING · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Bombay Dyeing has filed its Annual Secretarial Compliance Report for FY 2025-26, certified by Practicing Company Secretaries M/s Parikh & Associates. The company has broadly complied with SEBI regulations, except for two legacy matters: (1) A 2022-23 SEBI order alleging inflation of revenue and profits from FY 2011-12 to 2017-18, which was set aside by SAT on January 16, 2026 by majority decision; SEBI has challenged this before the Supreme Court and the matter is at admission stage. (2) A 2024-25 non-compliance with Regulation 17(1A) regarding appointment of a Non-Executive Director aged over 75 years, for which the company paid fines under protest and submitted waiver applications. All other 13 compliance parameters including secretarial standards, insider trading, related party transactions, website disclosures, and document preservation were marked as compliant.
The ongoing legal dispute with SEBI regarding alleged revenue inflation, now escalated to the Supreme Court, could pose some uncertainty for investors. The company appears to be in substantial regulatory compliance otherwise, with the director appointment matter pending resolution.