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ObjectOne Information Systems Ltd has filed its Annual Secretarial Compliance Report for FY 2025-26, certified by Practicing Company Secretary Mr. Manish Kumar Singhania. The report indicates the company is largely compliant with SEBI regulations including Secretarial Standards, website disclosures, insider trading norms, and related party transactions. However, two deviations were noted: (1) Late submission of promoter declaration under Regulation 31(4) of SEBI (SAST) Regulations, 2011 by promoters on 16.04.2025 (explained due to travel and network issues), and (2) Mr. Ramesh Kode continuing as director beyond 75 years of age without prior shareholder approval under Regulation 17(1A), for which BSE imposed a fine of ₹2,17,120. Both issues have since been rectified through subsequent compliance actions.
The company has disclosed two past compliance lapses—both now resolved—which resulted in a BSE fine of ₹2,17,120. This is a routine regulatory compliance filing with no material impact on the stock, though ongoing adherence to board age norms and disclosure timelines remains important for investors to track.