Announced Fri, 29 May · 19:05 IST

Compliance - Reg 24(A) - Annual Secretarial Compliance

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AI summary

Lee & Nee Softwares Exports Ltd has submitted its Annual Secretarial Compliance Report for the financial year ended 31 March 2026, prepared by Practicing Company Secretary Rasna Goyal. The report reviews compliance with SEBI regulations including LODR 2015, SAST 2011, and PIT Regulations 2015. Two deviations were identified: (1) a delay in submitting voting results of the AGM, for which BSE levied a penalty of Rs. 11,800, attributed to state holidays and staff unavailability immediately after the AGM; and (2) the company has not fully maintained its Structured Digital Database (SDD) as required under SEBI PIT Regulations, though a system has been implemented and record-updating is in progress. All other 13 compliance areas covered in the report show compliant or not applicable status. No observations were raised in the prior year's report (FY 2022-23).

Likely market impact

The company faces a minor Rs. 11,800 penalty for the AGM voting results delay, and its incomplete SDD maintenance represents a regulatory gap under PIT regulations that could attract further scrutiny if not resolved promptly.