The Annual Secretarial Compliance Report for the financial year ended 31 March 2026 is submitted.
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Kanishk Steel Industries Ltd has submitted its Annual Secretarial Compliance Report for FY ended March 2026, as required under SEBI Regulation 24A. The report, prepared by Practicing Company Secretary M K Madhavan & Associates, examined compliance across multiple SEBI regulations including LODR, Insider Trading, and Takeover regulations. Two non-compliances were identified: delayed submission of Corporate Governance Compliance Report (fine Rs. 2,33,040 including GST) and delayed submission of Statement of Investor Complaints (fine Rs. 16,520 including GST) for Q4 FY2025. Both fines were paid and matters closed. A previous year's observation regarding delayed Annual Report filing had its fine of Rs. 82,600 waived by BSE upon application. The company has no subsidiary companies and all other compliance requirements were met.
The filing shows the company has addressed past compliance delays by paying levied fines. No ongoing regulatory actions against the company. Generally positive for shareholders as no material compliance concerns were raised.