Submission of Annual Secretarial Compliace Report for the Year ended March, 2026
KRONOX · price
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Kronox Lab Sciences Ltd has filed its Annual Secretarial Compliance Report for FY 2025-26, prepared by Practising Company Secretaries Devesh Pathak & Associates. The report covers compliance with multiple SEBI regulations including LODR, ICDR, SAST, PIT, and others. The current year shows clean compliance with no observations. However, the previous year's report (FY 2024-25) documented two minor violations: (1) failure to provide prior intimation to exchanges for a dividend recommendation in June 2024, resulting in fines of Rs 10,000 + GST each to BSE and NSE paid on 17 July 2024; and (2) delayed filing of Related Party Transaction disclosure under Regulation 23(9), resulting in fines of Rs 5,000 + GST each to BSE and NSE paid on 18 December 2024. Both prior defaults were made good and the company stated it has reviewed internal processes to prevent recurrence. All other compliance areas including secretarial standards, board evaluations, RPT approvals, insider trading norms, and website disclosures were found satisfactory.
The company has a clean current-year compliance record, which is positive. The two prior-year penalties were minor procedural lapses (inadvertent delays) and were promptly rectified. No ongoing enforcement actions exist, reducing regulatory risk for shareholders.