Annual Secretarial Compliance Report for the Financial year ended on 31.03.2026
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Conart Engineers Ltd has filed its Annual Secretarial Compliance Report for the year ended 31 March 2026, revealing multiple compliance violations. The primary issue is repeated non-compliance with maintaining a Structural Digital Database (SDD) under SEBI Insider Trading Regulations, with BSE raising three separate queries in June, August, and November 2025. Additional violations include delayed filing of Annual Declaration under SEBI (SAST) Regulations, newspaper advertisements missing mandatory QR codes for three quarters, and failure to intimate stock exchanges about AGM notice advertisements. The company attributes all lapses to inadvertent errors or administrative oversights. Prior year violations related to board composition and annual report submission were resolved with BSE-approved waivers.
The company shows a pattern of minor compliance lapses, though most are administrative oversights rather than serious governance failures. The recurring SDD non-compliance may attract regulatory scrutiny from BSE, but management has committed to addressing these issues.