Ceenik Exports pays Rs 5.10 lakh compounding fee for missing Company Secretary
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Ceenik Exports paid a total compounding fee of Rs 5.10 lakh (company share Rs 1.60 lakh) to the Ministry of Corporate Affairs for not having a Company Secretary, a Key Managerial Personnel, between September 2016 and November 2018, as required under Section 203 of the Companies Act. The Final Order under Section 441 was received on September 30, 2026 and the fee has been fully paid. The company says there is no material impact on business operations or financial stability.
Old compliance issue settled with a small fee. No material impact on operations, finances, or stock expected.