Annual Secretarial Compliance Report of the Company for the financial year ended 31st March 2026
MOHITIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Mohit Industries Limited has submitted its Annual Secretarial Compliance Report for FY 2025-26, reviewed by Dhirren R Dave & Co., Company Secretaries. The report shows the company largely complied with SEBI regulations, including Secretarial Standards, board performance evaluation, related party transactions, and insider trading norms. However, one significant non-compliance was noted: the company failed to appoint a woman director as required under Regulation 17(1) of SEBI LODR Regulations. Both BSE and NSE imposed penalties of Rs 4,95,600 each for this violation. The company's waiver application with BSE was rejected on 17.02.2026, and it subsequently paid the penalty under protest while filing a review application on 19.03.2026 which remains under process. NSE also sought clarifications on shareholding pattern and corporate governance report filings.
The company faces repeated regulatory scrutiny for board composition issues, having paid penalties under protest while seeking waiver. The pending review application creates uncertainty, though the matter is being actively addressed with regulators.