Annual Secretarial Compliance Report for the Financial Year ended March 31, 2026
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Duncan Engineering Ltd has filed its Annual Secretarial Compliance Report for FY ended March 31, 2026, certified by S Vaishnav & Associates. The secretarial auditor has reported full compliance with all applicable SEBI regulations, including LODR, ICDR, PIT, and Depositories Regulations. Key compliance areas verified include secretarial standards (SS-1, SS-2, SS-3), policy adoption, website disclosures, director disqualification checks, related party transactions, and insider trading norms. The report notes that the company incorporated a wholly owned subsidiary in the Kingdom of Saudi Arabia on December 11, 2025. No violations, deviations, or penalties were reported during the review period.
The clean compliance report with no observations is a positive signal for investors, indicating strong corporate governance. The new subsidiary in Saudi Arabia signals potential international expansion but requires monitoring for materiality disclosures.