Annual Secretarial Compliance Report for the Financial Year 2025-26.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Leading Leasing Finance and Investment Company Limited has filed its Annual Secretarial Compliance Report for FY 2025-26, certified by Practicing Company Secretaries M/s Dharti Patel & Associates. The report confirms the company largely maintained compliance with SEBI regulations, Companies Act provisions, and other applicable laws. However, the company faced non-compliance with Regulation 17(1) of SEBI LODR regarding board composition. Both BSE and MSE imposed fines of Rs 3.30 lakh each (total Rs 6.60 lakh), of which the company paid Rs 3.02 lakh to each exchange in March 2026. The company subsequently appointed a woman Independent Director effective 12 February 2026 to address this compliance gap. The report also notes the company undertook a preferential issue during the review period under SEBI ICDR regulations.
The filing shows the company had regulatory violations and paid fines but has since remedied the board composition issue. For shareholders, the resolution of the compliance matter and fresh appointment of an Independent Director is a positive step, though the fine payments represent a minor cost impact.