Please find attached Annual Compliance Report for FY 2025-26
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Modern Engineering and Projects Ltd has submitted its Annual Secretarial Compliance Report for the year ended March 31, 2026. The report identifies 5 instances of non-compliance with SEBI regulations, resulting in total fines of Rs. 1,98,240 (including GST), all of which have been paid. The violations included delayed submissions: shareholding pattern (33 days late), integrated corporate governance report (31 days late), shareholder complaints statement (31 days late), related party transaction disclosure (1 day late), and Regulation 29(2)&29(3) of SEBI SAST disclosure. The root cause was a vacancy in the position of Company Secretary and Compliance Officer, which has since been filled. All other compliance areas including secretarial standards, policies, website maintenance, director qualifications, and insider trading norms were found satisfactory.
The filing reveals regulatory weaknesses in the company's compliance framework, though all fines have been settled. The newly appointed Company Secretary and Compliance Officer should help prevent future lapses. While the violations are relatively minor delays, investors should monitor if this signals ongoing governance issues.