With reference to the captioned Subject Please find Annual Secretarial Compliance Report for the Year Ended March 31,2026.
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Galaxy Bearings Limited has submitted its Annual Secretarial Compliance Report for FY 2025-26, verified by Practicing Company Secretary Jignesh Kotadiya. The report confirms the company has complied with all applicable SEBI regulations during the review period. One isolated deviation was noted from the previous year (FY 2024-25) where the company failed to maintain a qualified Company Secretary as Compliance Officer from February to April 2024. A fine of Rs 53,000 plus GST was imposed by BSE/NSE, which was paid on September 25, 2024. For the current period, the company shows full compliance including secretarial standards, board policies, website disclosures, related party transactions, and insider trading norms. No actions were taken by SEBI or stock exchanges against the company.
This is a routine compliance filing with no material concerns. The previous compliance gap has been fully rectified, and the company maintains good standing with regulators, which is positive for investors.