Annual Secretarial Compliance Report as per Regulation 24A (2) of the SEBI (LODR) Regulations, 2015, for the financial year ended 31st March, 2026.
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Popular Vehicles and Services Ltd has filed its Annual Secretarial Compliance Report for the financial year ended 31st March 2026, reviewed by Practicing Company Secretary M.C. Sajumon. The review covered compliance with various SEBI regulations including LODR, ICDR, SAST, PIT, and Depositories regulations for the period 1st April 2025 to 31st March 2026. The report states that the company has complied with all applicable statutory provisions and maintains proper Board processes and compliance mechanisms. No deviations or violations were found, and no actions were taken against the company by SEBI or stock exchanges during the review period. One observation was noted regarding pending approval of an Employee Benefit Scheme (ESOP) by stock exchanges, which explains the temporary non-disclosure of scheme documents on the website.
This is a positive filing for shareholders as the company has demonstrated full compliance with SEBI regulatory requirements. The clean compliance report with no material observations or penalties indicates strong corporate governance standards and reduces regulatory risk for investors.