Annual Secretarial Compliance Report for the Year Ended 31st March, 2026
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Indian Sucrose Limited has filed its Annual Secretarial Compliance Report for FY 2025-26, certified by Practicing Company Secretary Neeraj Arora. The report identifies delays in regulatory submissions: Corporate Governance Reports (Regulation 27(2)) for Q4 March 2025 and Q3 September 2025 attracted fines of Rs. 70,800 and Rs. 3,54,000 respectively from BSE. Investor Complaint Statements (Regulation 13(3)) for the same quarters faced delays with fines of Rs. 35,400 and Rs. 17,700. Additionally, XBRL filing of audited financial results for the half-year ended March 2025 was delayed and submitted in PDF format instead. The company has confirmed no director disqualifications and no additional non-compliances were observed across other SEBI regulations.
The filing shows recurring delays in quarterly compliance submissions resulting in cumulative BSE fines exceeding Rs. 4.77 lakh. While the company has taken remedial steps, the pattern of delays may concern investors about governance practices and internal controls.