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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
IND Renewable Energy Ltd (formerly Vakharia Power Infrastructure Ltd, BSE Scrip: INDRENEW/536709) has submitted its Annual Secretarial Compliance Report for FY2025-26. The company disclosed multiple non-compliances under SEBI LODR Regulations: (1) Non-submission of quarterly shareholder complaint statements under Regulation 13(3) for March 2026 quarter, incurring a fine of Rs. 17,000 plus GST totaling Rs. 20,060; (2) Non-submission of Share Capital Reconciliation Audit Report under Regulation 76; (3) Failure to appoint a qualified Company Secretary as required under Regulation 6(1), exposing the company to Rs. 1,000 per day penalty; and (4) Non-compliance with share transfer agent appointment under Regulation 7(1). The report also notes a director resignation (DIN: 09051272) and auditor change – M/s. JD Shah Associates resigned on February 14, 2025, and M/s. K.S. Subrahmanyam & Co was appointed from April 9, 2025. The practicing company secretary noted limited scope in several areas and stated the company was unable to file ROC returns on time.
Multiple regulatory non-compliances with cumulative fines of Rs. 20,060 indicate weak corporate governance. Absence of a qualified compliance officer and ongoing filing delays may invite further regulatory action and could negatively impact investor sentiment.