ANNUAL SECRETARIAL COMPLIANCE REPORT REGULATION 24(A)- MARCH 26
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Computer Point Limited has received its annual Secretarial Compliance Report for FY2026 from K. Bothra & Associates. The report identifies two key non-compliance issues: (1) failure to disclose related party transactions on a consolidated basis under Regulation 23(9), resulting in fines of INR 1,53,400 basic plus GST; and (2) failure to appoint a qualified company secretary as compliance officer under Regulation 6(1), with fines of INR 1,08,560 basic plus GST. Both waiver applications remain under process with BSE. Additionally, the company does not have a functional website as required. BSE has issued reminders for freezing of promoter demat accounts due to unpaid fines. Total fines levied amount to INR 1.25 crore, of which INR 84.49 lakh have been waived, INR 41 lakh rejected, leaving outstanding obligations. The company states the non-compliances were unintentional and has since appointed a compliance officer.
The company faces ongoing regulatory pressure with unpaid fines and potential demat account freezing. While some fines have been waived, outstanding amounts and pending waiver applications create uncertainty. The lack of a functional website and prior compliance failures may signal weak governance practices to investors.