Annual Secretarial Compliance Report for FY 25-26
CARRARO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Carraro India has filed its Annual Secretarial Compliance Report for FY ending March 31, 2026, prepared by Mehta & Mehta, Company Secretaries. The report identifies 4 regulatory deviations: (1) Late filing of shareholding pattern for Q2 FY26 with BSE (7-day delay) resulting in a fine of INR 9,440; (2) Prior shareholder approval for material related party transactions not obtained from April 1 to September 10, 2025 (approval was later obtained at September 11, 2025 AGM); (3) Delayed 24-hour intimation to exchanges regarding Income Tax order received on January 16, 2026; (4) Voting results of September 2025 AGM filed under incorrect head on BSE. The company has paid the fine and provided clarifications to NSE. The PCS notes the company needs to strengthen compliance with applicable Secretarial Standards.
The violations are procedural in nature and relatively minor. The company paid the fine and sought retrospective shareholder approval for the related party transactions. While no major concerns arise, recurring filing delays and procedural gaps suggest governance attention is needed. The stock is unlikely to see significant negative reaction to this routine compliance report.