Annual Secretarial Compliance Report for the year ended March 31, 2026.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
A practicing company secretary examined Galactico Corporate Services Ltd for compliance with SEBI regulations for FY 2025-26. The report identifies several procedural discrepancies including: shareholding pattern filing discrepancies for February 2026 and March 2025 (due to a Rights Issue of 3,42,72,605 shares and share transfer via gift deed); financial results not properly signed by authorized directors for multiple quarters; website maintenance issues; and delayed disclosure regarding Nomination and Remuneration Committee constitution for Q2 FY2024. The company paid a fine of Rs. 73,160 for non-compliance with Regulation 19(1)/19(2). All discrepancies were addressed and clarified upon receipt of stock exchange queries. No violations were recorded against the company.
The company has resolved all identified discrepancies, but the fine and multiple compliance lapses indicate weak internal compliance processes. This may concern investors about governance standards, though the stock exchange queries were addressed promptly.