DHANBANKBSEDhanlaxmi Bank LtdMinimalNeutral
Announced Sat, 30 May · 16:33 IST

Secretarial Compliance Report - Regulation 24A of SEBI (LODR) Regulations, 2015

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

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AI summary

Dhanlaxmi Bank Ltd has submitted its Secretarial Compliance Report for FY 2025-26 (ending 31st March 2026), reviewed by Practicing Company Secretary M. Vasudevan. The report identifies two compliance deviations: (1) A 15-day delay in filing Related Party Transaction half-yearly disclosures under Regulation 23(9) for period ending 31st March 2025, with a fine of Rs 75,000 plus GST; and (2) A 24-day delay in filing Non-Convertible Securities utilization statements under Regulation 52(7) for quarter ending 30th June 2025, with a fine of Rs 24,000 plus GST. Both fines have been paid, and the company states it has taken corrective measures including additional checks to prevent recurrence. All other compliance areas including secretarial standards, policies, website maintenance, director qualifications, document preservation, performance evaluation, and insider trading compliance show satisfactory status. No observations were raised in the previous year's report.

Likely market impact

The two filing delays resulted in minor regulatory fines (totaling Rs 99,000 plus GST) which have been paid. The bank has implemented corrective measures. These are routine compliance lapses with no material impact on shareholders, though they reflect execution gaps in regulatory filings.