Please find enclosed herewith the Annual Secretarial Compliance Report of Garware Technical Fibres Limited for the year ended 31st March 2026.
GARFIBRES · price
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Garware Technical Fibres Ltd has filed its Annual Secretarial Compliance Report for the year ended March 31, 2026, certified by SVD & Associates, Company Secretaries. The report confirms that the company largely complied with applicable SEBI regulations including LODR, PIT regulations, and Depositories regulations. One deviation was noted: the company had a temporary shortfall in board composition from August 28, 2025 to November 24, 2025 due to delay in appointing a Women Independent Director. This was because approval from the Director General of Civil Aviation (DGCA) was pending. The appointment was completed on November 25, 2025 after DGCA clearance. BSE and NSE had imposed fines totaling INR 4,40,000 each (exclusive of GST), but the company subsequently obtained waiver letters from both exchanges. All other compliance areas including secretarial standards, policies, website disclosures, related party transactions, and insider trading norms were reported as compliant.
The filing shows overall strong regulatory compliance with one non-material board composition issue that was already resolved. The company obtained waivers for the fines, indicating no lasting impact on shareholders. The stock is listed on BSE (code 509557) and NSE (GARFIBRES).