HEADSUPBSEHeads UP Ventures LtdMinimalNeutral
Announced Sun, 31 May · 17:07 IST

Annual Secretarial Compliance Report

HEADSUP · price

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AI summary

Heads Up Ventures Ltd has filed its annual secretarial compliance report for the year ended March 31, 2026, reviewed by Practising Company Secretaries A. Shubhangi & Associates. The report covers compliance with SEBI LODR, ICDR, SAST, PIT, and Depositories regulations. The company reported three minor delays under Regulation 30: late submission of two board meeting outcomes (May and June 2025) and delayed intimation of Company Secretary resignation (resigned Feb 4, 2026, but filed on Feb 23, 2026). Previous non-compliances noted include Board composition shortfall in Oct-Dec 2024 (fine Rs 1.65 lakh), delayed Annual Report upload for 2023-24 (fines Rs 4,720 each from BSE and NSE), and delay in appointing Company Secretary/Compliance Officer (fines Rs 47,000 each from BSE and NSE). All fines have been paid and the company states corrective measures are in place.

Likely market impact

The company has demonstrated adequate compliance systems overall with minor procedural delays. Past regulatory penalties indicate governance gaps that have been addressed, but repeated filing delays may attract investor scrutiny.