Annual Secretarial Compliance Report for FY ended March 31, 2026
INSECTICID · price
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Insecticides (India) Limited has submitted its Annual Secretarial Compliance Report for FY 2025-26, as required under SEBI regulations. The report, issued by M/s. Akash Gupta & Associates, Company Secretaries, confirms general compliance with applicable SEBI regulations including LODR, SAST, PIT, and Depositories regulations. One prior non-compliance was noted: the company had set a record date for Buy-Back on September 11, 2024 within 30 days of the previous record date (August 23, 2024), violating Regulation 42(4) of SEBI LODR. A penalty of Rs. 10,000 plus GST was imposed by stock exchanges, which the company has paid. Additionally, a promoter group inter-se share transfer under a family arrangement required SEBI exemption under SAST regulations, which was granted on December 2, 2025 with acquirer confirmation of compliance filed on February 10, 2026. The company has three subsidiaries including IIL Overseas DMCC which was dissolved in September 2025. No additional non-compliances were observed during the review period.
This is a routine annual compliance filing. The previous regulatory violation has been resolved through penalty payment. The promoter family share transfer with SEBI exemption poses no concern as proper regulatory approvals were obtained. Shareholders can view this as a clean compliance report with no material red flags.