CREDITACCBSECreditAccess Grameen LtdMinimalNeutral
Announced Tue, 26 May · 10:56 IST

Annual Secretarial Compliance Report for the Year Ended 31st March, 2026

CREDITACC · price

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₹1302.00
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AI summary

CreditAccess Grameen Ltd has submitted its Annual Secretarial Compliance Report for FY2026, issued by S. Sandeep & Associates, Practising Company Secretaries. The report covers compliance with key SEBI regulations including LODR, PIT, Depositories, and SBEB. The only deviation noted was a delay in appointing a Non-Executive Chairman under Regulation 17(1) of SEBI LODR between September 9 and October 27, 2025. BSE and NSE imposed a combined fine of Rs 2.45 lakhs (plus applicable taxes), which has been fully paid. The company achieved full compliance after appointing the Non-Executive Chairman on October 28, 2025. No other non-compliances were observed across 13 areas examined, including secretarial standards, RPTs, insider trading, website disclosures, and director disqualification checks. No prior-year observations were pending.

Likely market impact

The single compliance breach was minor, already resolved, and fines were paid. The company's overall strong compliance posture is positive for investors. The fine of Rs 2.45 lakhs is immaterial financially but signals minor governance lapse during the transition period.