Annual Secretarial Compliance Report for the Year Ended 31st March, 2026

PBA Infrastructure Ltd submitted its Annual Secretarial Compliance Report for FY2026 to BSE, as mandated under SEBI Regulation 24A. The report, prepared by J.C. & Associates (PCS: Jacintha Castelino), examined compliance across SEBI regulations including LODR, SAST, PIT, and Depositories. The company was largely compliant across all areas such as Secretarial Standards, Board policies, website disclosures, related party transactions, and insider trading norms. One non-compliance was noted: during Q2 FY26 (July-September 2025), the Board composition violated Regulation 17(1)(b) requiring at least 50% Independent Directors. This occurred due to appointment of an Executive Director and simultaneous resignation of an Independent Director, temporarily reducing Independent Director strength below the required threshold. BSE issued an observation, and the company subsequently rectified it in Q3 by appointing Independent Directors. No monetary penalty was imposed. The company has no subsidiaries or associates.