Announced Fri, 29 May · 20:46 IST

Attached Annual Secretarial Compliance Report for year ended 31st March, 2026

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AI summary

Mangalam Industrial Finance Ltd has submitted its Annual Secretarial Compliance Report for FY 2025-26, verified by Practising Company Secretary Mr. Kamal A Lalani. The report identifies three non-compliances: (1) Shareholding Pattern under Regulation 31 not submitted in XBRL mode for Q1 June 2025, resulting in a BSE fine of Rs. 56,640/-, (2) Share Capital Reconciliation Audit Report not submitted for Q1 June 2025, and (3) Share Capital Reconciliation Audit Report not submitted for Q4 March 2026. The company has paid the fine and states it has taken corrective measures. The previous year's report (FY 2024-25) had no observations. Overall, the company is compliant with Secretarial Standards, SEBI policies, website disclosures, director disqualification norms, document preservation, performance evaluation, related party transactions, insider trading regulations, and event disclosures.

Likely market impact

The filing reveals minor regulatory lapses in timely submission of shareholding patterns and reconciliation reports, with a small fine already paid. The non-compliances are administrative in nature and do not indicate fundamental governance issues. Shareholders can view this as a routine compliance check with isolated filing delays.