MPSLTDBSEMPS LtdMinimalNeutral
Announced Thu, 28 May · 17:50 IST

Annual Secretarial Compliance Report for the Financial Year ended 31 March 2026.

MPSLTD · price

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AI summary

MPS Limited has filed its Annual Secretarial Compliance Report for the year ended 31 March 2026, submitted by Sridharan & Sridharan Associates, Company Secretaries. The report shows the company has broadly complied with SEBI regulations including LODR, SAST, PIT, SBEB, and Depositories Regulations. One prior-year non-compliance was noted: the Nomination and Remuneration Committee (NRC) was temporarily not properly constituted, leading to fines of Rs. 1,48,680 each from BSE and NSE. The company applied for waiver and the fines were accepted favorably. The NRC was subsequently reconstituted on 25 November 2025 and 16 February 2026. All 13 compliance checkpoints in the current year report as satisfactory with no new violations observed.

Likely market impact

The company has successfully addressed prior regulatory non-compliance and returned to full compliance. The resolution of the NRC composition issue and waiver of fines is a positive signal for governance. No immediate shareholder action required.