Announced Fri, 29 May · 14:14 IST

SECRETARIAL AUDIT REPORT FY 31.03.2026

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-1.6%1-day move
₹15.72
prior close
₹14.94
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0+0.0-1.6+1.8+1.2-0.1-0.2-0.6-10.2-22.5
Up moveDown movePending
AI summary

B. Bhushan & Co. conducted a secretarial audit for the financial year ended 31 March 2026. The auditor found that the company has complied with applicable statutory provisions under the Companies Act 2013, SEBI regulations, and other applicable laws, with proper Board processes and compliance mechanisms in place. The Board is properly constituted with Executive, Non-Executive, and Independent Directors, and Board meetings were held with adequate 7-day advance notices. Key historical issues include BSE imposing a fine of Rs 3,12,700 for Regulation 23(9) violation, though BSE subsequently withdrew a larger fine of Rs 42,42,100 on 23 February 2026 and refunded processing fees of Rs 11,800. The company also faced clerical errors in AGM date filing (22/09/2025 entered instead of 29/09/2025), causing delays in filing MG1-7 and MG1-8 forms with MCA. A voluntary delisting resolution was passed by the Board in November 2020.

Likely market impact

The company maintains generally good compliance standing, though historical regulatory issues with BSE and clerical filing delays with MCA remain under follow-up. The withdrawal of the Rs 42.42 lakh fine is a positive development for shareholders.