ICRABSEICRA LtdMinimalNeutral
Announced Mon, 25 May · 19:39 IST

Annual secretarial compliance report

ICRA · price

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

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AI summary

ICRA Limited has filed its Annual Secretarial Compliance Report for FY 2026, reviewed by Chandrasekaran Associates (Company Secretaries). The report confirms full compliance with all applicable SEBI regulations — all 14 compliance checkpoints show 'Yes'. No violations or deviations were recorded during the review period (April 2025 to March 2026). Two matters from prior years remain ongoing: an old SEBI show cause notice from December 2018 regarding credit ratings has resulted in a Rs 1 crore penalty (appealed to SAT, still pending), and a FY2025 administrative warning for deviation from CRA Regulations was addressed with corrective steps notified to SEBI. The company identified ICRA Analytics Limited and Fintellix India Private Limited as its material subsidiaries.

Likely market impact

Clean compliance report for FY2026 with no new regulatory issues — the pending SAT appeal on the Rs 1 crore penalty is a legacy matter and not a new concern for investors.