Submission of Annual Secretarial Compliance Report
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Padam Cotton Yarns Ltd has filed its Annual Secretarial Compliance Report for the financial year ended March 31, 2026, reviewed by Practicing Company Secretary Ashish Goyal. The report identifies two compliance deviations: (1) a delay in appointing a Company Secretary and Compliance Officer, for which a fine of Rs 18,880 was paid in December 2025; and (2) a clerical error in the Corporate Governance Report for Q1 FY25 regarding Audit Committee and NRC composition, resulting in a fine of Rs 49,560, with a waiver application rejected by BSE. All other areas including Secretarial Standards, SEBI policies, website disclosures, insider trading norms, and related party transactions were found compliant. The company subsequently appointed Ms. Vidisha Rathod as Company Secretary and filed a revised governance report.
The filing reveals minor governance lapses that resulted in regulatory fines, though the company has since remediated the issues. These are historical non-compliances with no material impact on current operations, but investors should note the rejected waiver and past delays in compliance appointments.