Announced Thu, 14 May · 11:52 IST

Laxmipati Engineering Works Limited has submitted Annual Secretarial Compliance Report for the year ended March 31, 2026

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AI summary

Laxmipati Engineering Works Limited has submitted its Annual Secretarial Compliance Report for FY 2025-26, as required under SEBI Regulation 24A. The secretarial auditor CS Ranjit Binod Kejriwal examined compliance with SEBI regulations including LODR, PIT, and Takeover regulations. The company received a largely clean report with compliance marked 'Yes' for most parameters. Two minor issues were noted: (1) the company's SDD software for insider trading records was corrupted and data had to be re-entered with current timestamps, and (2) a typographical error in a board meeting outcome dated August 31, 2024, where two different commencement times were mentioned. Additionally, a shareholding pattern discrepancy from September 2024 was identified where 57,000 shares of Siddhi Vinayak Polyfab Private Limited were incorrectly classified under 'public' instead of 'promoter group' due to a past merger — this has since been rectified.

Likely market impact

The filing indicates no material regulatory violations or penalties. Minor procedural lapses (software issue, typographical errors, and shareholding classification) have been addressed or acknowledged. Overall, this is a routine compliance filing with no immediate adverse impact on shareholders.