Annual Secretarial Compliance Report for the year ended on 31st March 2026
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Megamont Ltd (formerly VR Woodart Ltd, BSE Scrip: 523888) has submitted its Annual Secretarial Compliance Report for FY 2025-26. The report, certified by CS Amit Sagar Kochar, covers examination of compliance with SEBI regulations including LODR 2015, ICDR 2018, SAST 2011, and PIT Regulations. The company was found non-compliant in 4 areas with total fines of Rs 4,53,000 — including Rs 5,000 for late filing under Reg-23(9), Rs 80,000 for late Reg-33 filing, Rs 1,84,000 each for non-compliance with Audit Committee (Reg-18(1)) and Nomination & Remuneration Committee (Reg-19(1)/(2)) composition. The PCS also noted the company website is not properly complying with disclosure requirements and subsidiary information disclosures were not received for review.
The compliance violations, particularly around committee composition and repeated late submissions, signal governance concerns. Total fines of Rs 4.53 lakh are minor financially but indicate historical non-compliance that shareholders should monitor for corrective actions.