Submission of Annual Secretarial Compliance Report for the Financial Year Ended 31st March, 2026 (2025-26).
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Maximus International Ltd has submitted its Annual Secretarial Compliance Report for FY 2025-26, audited by Practicing Company Secretary Mr. Kamal A. Lalani. The report shows NIL deviations for the current financial year, indicating compliance with all applicable SEBI regulations including LODR, PIT, and Secretarial Standards. The report also documents resolution of three previous year non-compliances: two instances of delayed/inadequate listing and trading approvals under SEBI ICDR Regulations (fines of Rs. 80,000 and Rs. 1,20,000 plus 18% GST each paid to BSE), and one circular resolution for borrowing that didn't follow SS-1 requirements (later ratified by the Board in May 2025). The company maintains a functional website with proper disclosures and all directors are confirmed non-disqualified.
Clean current-year compliance report is positive for shareholders as it indicates the company has resolved past regulatory issues and is now compliant with SEBI norms. The paid fines (totaling approximately Rs. 2.36 lakh including GST) relate to prior-year violations that have been addressed.