Annual Secretarial Compliance report for year ended March, 2026
LORDSCHLO · price
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Lords Chloro Alkali Limited has filed its Annual Secretarial Compliance Report for FY 2025-26, certified by Practicing Company Secretaries M/s SSPK & Co. The report shows overall compliance with SEBI regulations, though one minor deviation was noted: a 28-day delay in appointing the Company Secretary/Compliance Officer. BSE and NSE imposed a fine of Rs 28,000 plus GST for this delay. The company explained that the delay was unintentional and beyond their control, as a shortlisted candidate declined the joining offer, requiring time to identify and appoint another suitable candidate. The fine has been paid. All other compliance areas including Secretarial Standards, Insider Trading norms, Related Party Transactions, and Disclosure requirements were found satisfactory. No material subsidiaries existed during the period. The previous year's report had no pending observations.
The minor fine and compliance delay are unlikely to materially impact the stock. The company has demonstrated good governance overall, and the paid fine shows regulatory compliance. Shareholders can note the company is in substantial compliance with SEBI listing requirements.