BSEGennex Laboratories LtdMinimalNeutral
Announced Sat, 30 May · 12:12 IST

In compliance with Regulation 24A of SEBI (LODR) Regulations, 2015, Board appointed M/s. Mohammed Tausif Shamim & Co., practicing Company Secretary, Kolkata as Secretarial Auditor of the ....

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-5.2%1-day move
₹11.83
prior close
₹11.86
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AI summary

Gennex Laboratories Ltd has submitted its Annual Secretarial Compliance Report for FY 2025-26, audited by M/s. Mohammad Tausif Shamim & Co., Kolkata. The secretarial auditor reported two deviations: (1) Delays in credit of 1,55,00,000 equity shares issued on preferential basis due to procedural bottlenecks at RTA/CDSL, causing failure to obtain BSE trading approval within the mandated 7 working days — fines of Rs. 2.28 lakh sought to be waived with BSE application under process; (2) Board composition non-compliance during Q3 FY25 where the number of Independent Directors fell below half of the total Board — penalty of Rs. 1.42 lakh paid to BSE. All other areas including secretarial standards, website disclosures, related party transactions, and insider trading norms were found compliant.

Likely market impact

The two minor regulatory deviations noted are administrative in nature and have been addressed via penalty payment or are under waiver consideration. No material concern for shareholders, though investors should note the pending BSE waiver for the share credit delay matter.