In compliance with Regulation 24(A) of SEBI (LODR) Regulations, 2015; we are hereby submit the Annual Secretarial Compliance Report of the company for the Year ending 31st March 2026 issued ....
Awaiting price reaction for this filing.
AJEL Ltd has filed its Annual Secretarial Compliance Report for the year ending 31st March 2026, prepared by Practicing Company Secretaries C.V. Reddy K & Associates. The auditors found that the Company has generally complied with statutory provisions and has proper Board processes and compliance mechanisms in place. However, significant deviations were noted: the Company has been suspended by BSE for failing to submit audited reports for two consecutive quarters under Regulation 33 of SEBI (LODR), and a penalty was imposed. Additional non-compliances include failure to submit information under Regulations 46 and 62, receipt of a BSE notice for revising Corporate Governance information, and delayed filings with the Registrar of Companies. The Board composition was found to be properly balanced with Executive, Non-Executive, and Independent Directors.
The BSE suspension for non-submission of quarterly audited reports and multiple regulatory non-compliances indicate governance weaknesses that could negatively impact investor confidence and the stock's market standing.