Annual Secretarial Compliance Report for the year ended March 31, 2026.
PGEL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
PG Electroplast Limited has submitted its Annual Secretarial Compliance Report for FY 2025-26, examined by M/s. J. B. Bhave & Co. The report identifies one current period observation: certain Designated Persons executed trades violating SEBI Prohibition of Insider Trading Regulations, for which SEBI issued administrative warning letters. The company has issued formal warnings to the concerned individuals. All previous non-compliances from FY 2024-25 have been resolved. Mr. Sharad Jain ceased as Independent Director on August 10, 2024, causing temporary non-compliance with Board composition, Audit Committee, Nomination & Remuneration Committee, Stakeholders Relationship Committee, and Risk Management Committee requirements until September 29, 2024. The company regularized all committees by appointing Mr. Krishnavatar Khandelwal as Independent Director on September 30, 2024, and paid fines totaling Rs. 15,78,000 on December 5, 2024. Overall, the company is in compliance with applicable SEBI regulations.
The filing shows the company has addressed past governance lapses with timely corrective action and paid prescribed fines. The current insider trading observation, while noted, resulted only in warnings rather than penalties, indicating minor non-material violations. Shareholders can view this as a housekeeping filing confirming ongoing regulatory compliance with no major concerns for the stock.