Please find attached Annual Secretarial Compliance Report by Practicing Company Secretaries for YE March 31, 2026
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NCL Research & Financial Services Ltd has submitted its Annual Secretarial Compliance Report for the financial year ending March 31, 2026, as required under SEBI Regulation 24A. The report, certified by Practicing Company Secretary Kriti Daga, confirms that the company has complied with all applicable SEBI regulations including LODR, Insider Trading, and Takeover regulations. Annexure A shows zero current-year non-compliances. Annexure B reveals one past compliance issue: delayed filing of voting results within 48 hours under Regulation 44(3), which attracted a BSE SOP fine of Rs. 11,800 that has been paid. The company has no subsidiaries, no disqualified directors, and no SEBI or Stock Exchange actions pending against it.
This is a positive compliance update showing the company maintains good governance standards with no regulatory violations in FY 2025-26. The previously noted voting results filing delay has been resolved with the fine paid, indicating no ongoing concerns for shareholders.