NITCOBSENitco LtdMinimalNeutral
Announced Thu, 21 May · 16:21 IST

Annual Secretarial Compliance Report for the financial year ended March 31, 2026.

NITCO · price

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Price reaction · full curve 14 horizons · vs prior close
-1.0%1-day move
₹97.47
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₹98.50
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After-mkt
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AI summary

Nitco Ltd has filed its Annual Secretarial Compliance Report for FY 2025-26, certified by Practicing Company Secretaries M/s. Mihen Halani & Associates. The report examines compliance across multiple SEBI regulations including LODR, ICDR, SAST, and PIT regulations. The company reported compliance across all major areas including secretarial standards, board policies, website disclosures, director disqualifications, document preservation, performance evaluation, related party transactions, and insider trading norms. One deviation was noted: 4,242 equity shares representing 0.01% of promoter holdings remain in physical form instead of dematerialized as required under Regulation 31(2) of SEBI LODR. The company attributes this to old promoter entities where founding members passed away and PAN details were unavailable. Management stated it is taking steps to resolve this issue.

Likely market impact

The sole non-compliance is minor (0.01% of promoter shares) and management is actively working to dematerialize these remaining shares. This is unlikely to have any material impact on the stock price or shareholder interests.