BSENational Fittings LtdMinimalNeutral
Announced Sat, 23 May · 11:50 IST

We are submitting the Annual Secretarial Compliance Audit Report for the period ended 31.03.2026 S Aravinthan Company Secretary

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Price reaction · full curve 14 horizons · vs prior close
-19.3%1-day move
₹195.00
prior close
₹180.30
base price
After-mkt
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AI summary

National Fittings Limited has filed its Annual Secretarial Compliance Audit Report for FY 2025-26, reviewed by Practising Company Secretary M.R.L. Narasimha. The report shows the company largely complied with SEBI regulations including LODR 2015 and PIT regulations, but four deviations were noted: (1) late submission of prior year Secretarial Compliance Report (Rs 4,120 fine paid), (2) delayed intimation of Board meetings, (3) delayed reclassification application filing, and (4) late submission of voting results (Rs 11,800 fine paid). A previous year non-compliance regarding Nomination and Remuneration Committee constitution (fine Rs 2,17,120) was waived by BSE in March 2026 after the company appointed an independent director as committee chairman. The auditor confirmed no director disqualification, proper document preservation, and compliance with insider trading norms.

Likely market impact

The company has cleared most regulatory hurdles with minor compliance lapses that attracted small fines. The BSE waiver on the NRC penalty signals regulator satisfaction. Overall, this is a routine compliance filing with no material concern for shareholders.