Annual Secretarial Compliance Report for the year ended March 31, 2026.
NACLIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
NACL Industries has received its annual secretarial compliance report from Sridharan & Sridharan Associates for FY 2026. The auditors found two regulatory deviations: (1) a 7-day delay in filing Related Party Transactions disclosure under Regulation 23(9) for Q2 FY 2025-26, resulting in a Rs 55,000 fine imposed by BSE; and (2) failure to provide proper prior intimation of a Board Meeting held on October 24, 2025, leading to a Rs 10,000 fine each from BSE and NSE. The company has paid both fines and applied for waivers. Previous year observations regarding delayed financial results submission and excess gap between audit committee meetings were also noted. All other SEBI regulations including secretarial standards, insider trading norms, and document preservation requirements were found to be in compliance.
Minor negative signal as the company incurred regulatory fines for procedural delays in disclosures. The violations are technical in nature and the company has already paid fines and sought waivers from exchanges. No material impact on fundamentals expected.