Annual Secretarial Compliance Report for the Financial Year ended on 31 March 2026
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Modern Steels Ltd has filed a clean Annual Secretarial Compliance Report for the financial year ended March 31, 2026, as required under SEBI Regulation 24A. The report was issued by Practicing Company Secretaries M/s Sanger & Associates (Peer Review Certificate No. 3031/2023). The statutory auditor CS Rajeev Kumar Sanger examined compliance across multiple SEBI regulations including LODR, ICDR, SAST, PIT, Depositories and RTI Regulations. The report confirms full compliance with all applicable regulations — no deviations, violations, or penalties were recorded during the review period. No actions were taken by SEBI or stock exchanges against the company, its promoters, directors, or subsidiaries. The company has no material subsidiaries, all directors are cleared under Section 164 of the Companies Act, and secretarial standards were followed throughout.
This is a routine, positive compliance filing with no red flags. Clean governance record supports investor confidence — no material impact on stock price expected as this confirms normal regulatory standing.