annual secretarial compliance report march 2026
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Kapil Raj Finance Ltd has filed its Annual Secretarial Compliance Report for FY 2025-26, certified by Practicing Company Secretary Neeraj Jindal. The report reveals several compliance lapses: a fine of Rs. 2,360 was imposed for a one-day delay in filing Share Holding Pattern for Q2 2025. More seriously, the company has failed to file Financial Statements and Annual Returns with ROC for multiple financial years (2022-2025). Independent Directors on the board are either not registered in the Independent Director database or have not cleared required exams. Additionally, two directors appointed in November 2022 remain as 'Additional Directors' without regularization. The company website was found non-functional during the review. Critically, the company is not registered with RBI as an NBFC despite its main business being financing and hire purchase activities.
This report signals significant regulatory and governance risks. The RBI registration issue could be particularly serious as operating as an NBFC without registration is a regulatory violation. Multiple ROC filing defaults and director eligibility concerns may lead to further penalties and listing obligations violations, negatively impacting investor confidence and potentially affecting the stock's compliance status on BSE.