Annual Secretarial Compliance Report for the Financial Year ended on March 31, 2026.
GNFC · price
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Gujarat Narmada Valley Fertilizers & Chemicals Ltd (GNFC) has submitted its Annual Secretarial Compliance Report for FY 2025-26, verified by Practicing Company Secretary J. J. Gandhi & Co. The report confirms that the company has complied with all applicable SEBI regulations including LODR 2015, Insider Trading Regulations, and Depositories Regulations during the review period. No non-compliances or deviations were found in the current fiscal year. One past non-compliance was noted: a delay in submitting the Standalone Limited Review Report for Q1 FY2025 (quarter ended June 30, 2024), which resulted in a fine of Rs. 29,500 imposed by BSE and NSE. This fine was paid by the company on September 21, 2024. The company has no subsidiaries and no employee stock option scheme.
This is a positive compliance report indicating good corporate governance. Shareholders can take comfort that the company maintained regulatory compliance throughout FY 2025-26 with no new violations. The resolved past non-compliance was minor and already settled.