Regulation 24(A) Annual Secretarial Compliance Report Received from PCS- Geeta Canabar & Associates.
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Lancer Container Lines Ltd received its annual Secretarial Compliance Report from PCS Geeta Canabar & Associates for FY ended March 31, 2026. The report covers compliance with SEBI regulations including LODR, SAST, PIT, ICDR, and SBEB. Two deviations were flagged: (1) a delay in appointing a Qualified Company Secretary as Compliance Officer, resulting in a Rs. 7,080 BSE fine resolved in October 2025, and (2) late submission of quarterly financial results, leading to Rs. 59,000 in penalties (Rs. 5,000/day for 11 days) resolved in July 2025. The company has reportedly complied and remedied both issues. Across 13 compliance parameters assessed, no additional non-compliances were found. Directors are not disqualified, secretarial standards are met, RPT approvals are in order, and no SEBI/exchange actions were noted against the company.
The company has resolved its regulatory penalties, and the overall compliance posture for FY 2025-26 appears clean with no ongoing violations, which is a positive signal for governance-conscious investors.