MUNJALAUBSEMunjal Auto Industries LtdMinimalNeutral
Announced Thu, 28 May · 15:38 IST

Pl. find Annual Secretarial Compliance Report under Regulation 24A of SEBI (LODR) Regulation 2015 for the year ended March 31, 2026

MUNJALAU · price

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Price reaction · full curve 14 horizons · vs prior close
-11.2%1-day move
₹98.00
prior close
₹91.00
base price
After-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
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AI summary

Munjal Auto Industries filed its Annual Secretarial Compliance Report for the year ended March 31, 2026, as mandated under SEBI Regulation 24A. The secretarial audit by Devesh Pathak & Associates confirms general compliance with SEBI regulations, but identified two filing delays. First, there was a delay in submitting the shareholding pattern under Regulation 31, resulting in a fine of Rs. 1,180 (including GST). Second, the XBRL filing of the Annual Secretarial Compliance Report was delayed beyond prescribed timelines, attracting a fine of Rs. 61,360 (including GST). The company claimed the ASCR was submitted on time via PDF on May 29, 2025, and filed XBRL again on June 29, 2025 due to a BSE portal technical issue. However, BSE rejected the company's waiver requests for both fines. All other compliance requirements including secretarial standards, related party transactions, insider trading norms, and document preservation were found satisfactory.

Likely market impact

These delayed filings resulted in modest penalties totaling Rs. 62,540, which is immaterial financially. However, the rejection of waiver requests by BSE indicates regulatory scrutiny. This filing is routine and doesn't directly impact the company's financials or operations, though it reflects some procedural lapses in timely regulatory submissions.