Please find the attached Annual Secretarial Compliance Report for the financial year 2025-26
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Modern Insulators Limited has submitted its Annual Secretarial Compliance Report for FY 2025-26, prepared by Practicing Company Secretaries M/s Anshika & Associates. The report indicates the company is largely compliant with SEBI regulations, including Secretarial Standards, LODR provisions, Insider Trading Regulations, and Related Party Transaction requirements. However, two minor compliance lapses were noted: a delay in submitting the Shareholding Pattern for Q4 FY2025 under Regulation 31, resulting in a fine of Rs 2,360 (including GST), and a delay in reclassification application submission under Regulation 31(3)(a) with an initial fine of Rs 1,35,700 — though BSE later withdrew this fine based on company clarification. The company acknowledges these delays and commits to ensuring timely future submissions.
This is a routine regulatory filing with minimal shareholder impact. The compliance deviations are minor administrative delays with negligible financial penalties (Rs 2,360 for shareholding pattern). The withdrawal of the larger Rs 1.35 lakh fine is a positive development. Overall, the company demonstrates adequate governance standards with no material compliance concerns.