Dear Sir / Madam, Pursuant to Regulation 24A of Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find attached Annual Secretarial ....
PENINLAND · price
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Peninsula Land Limited has submitted its Annual Secretarial Compliance Report for the financial year ended March 31, 2026, as required under SEBI regulations. The report, issued by Practising Company Secretary Shivam Sharma, shows the company largely complied with SEBI regulations but identified one current-year deviation: a delay in filing listing applications for equity shares issued upon CCD conversion within the mandated 20-day period. Consequently, BSE and NSE imposed fines of Rs. 8.40 lakh and Rs. 8.60 lakh respectively (plus 18% GST each). The company paid these fines and has filed an appeal with the Securities Appellate Tribunal (SAT), which was admitted on January 19, 2026. The report also noted actions taken on prior-year issues including board composition delays and missed related party transaction disclosures.
The filing reveals regulatory non-compliance costs of approximately Rs. 20 lakh in total fines. While the company has cleared these fines, the pending SAT appeal indicates ongoing legal uncertainty. Prior-year board composition issues were resolved with NSE accepting waiver applications, suggesting improving governance compliance.