Annual Secretarial Compliance report for the year ended 31.03.2026
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
N. Srividhya, Practising Company Secretary, has issued the Secretarial Compliance Report for the year ended March 31, 2026. The report identifies multiple non-compliances: (1) Company failed to disclose appointment of a Director per SEBI Circular within required timelines; (2) Multiple delays in XBRL and PDF filings for trading window closures across Q3 FY2024, Q1/Q2/Q3 FY2025; (3) Non-compliance under Regulation 31(2) SEBI LODR regarding 100% dematerialization of promoter shares has continued for the third consecutive year; (4) Audit Committee and NRC were not properly reconstituted after an Independent Director left in October 2025, with only 2 directors on both committees from April-September 2025; (5) Company failed to submit Large Corporate Entity identification disclosure within 30 days of financial year end; (6) Results for Q3 FY2025 were submitted after 30 minutes instead of within 30 minutes, attracting a fine of Rs 1,21,200 (unpaid); (7) One Independent Woman Director's tenure expired in March 2025 without reappointment. Several actions remain pending from previous reports.
The company has accumulated multiple regulatory non-compliances across SEBI LODR, insider trading norms, and SEBI circulars. The unpaid fine of Rs 1.21 lakh and ongoing promoter dematerialization issue indicate governance gaps. Shareholders should monitor whether the company takes corrective action, as repeated non-compliance could attract further penalties or regulatory scrutiny.