Intimation of Annual Secretarial Compliance Report for the period ended March 31, 2026
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Olympia Industries Ltd has submitted its Annual Secretarial Compliance Report for FY 2025-26, audited by V.K. Mandawaria & Co., Company Secretaries. The report covers the period October 1, 2025 to March 31, 2026, since the company transitioned from exempted to compliant status after its net worth exceeded Rs. 25 Crores in FY2025. The company achieved full compliance with SEBI regulations, including corporate governance requirements, by September 30, 2025. One minor observation was noted regarding 3 related party transactions that required ratification by the newly constituted Audit Committee under SEBI provisions after corporate governance became applicable. Overall, the company maintained compliance with all applicable SEBI regulations, secretarial standards, insider trading norms, and disclosure requirements with no major violations or penalties.
The filing demonstrates strong governance standards and regulatory compliance, which is positive for investor confidence. The company successfully transitioned from an exempted to a fully compliant entity within the mandated timeline, indicating effective internal controls.