Annual Secretarial Compliance report for the year ended 31st March 2026
INDNIPPON · price
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India Nippon Electricals Ltd has submitted its Annual Secretarial Compliance Report for FY 2025-26, as required under SEBI Regulation 24A. The secretarial audit was conducted by S.A.E. & Associates LLP, Practicing Company Secretaries. The report confirms that the company has complied with all applicable statutory provisions under SEBI regulations, including LODR, PIT, and Depositories Regulations. All 10 applicable compliance checkpoints showed 'Yes' with no observations or remarks from the auditor. No actions were taken against the company by SEBI or stock exchanges during the review period. One housekeeping note: PT Automotive Systems Indonesia, a subsidiary, completed voluntary winding up and received liquidation proceeds on June 24, 2025, with the company awaiting final confirmation from Indonesian authorities.
This is a clean compliance report with no red flags. For shareholders, the report indicates good corporate governance practices and adherence to SEBI regulatory requirements. The subsidiary liquidation is a routine matter and does not indicate any operational concerns.