The Company hereby submits the revised Annual Secretarial Compliance Report for the FY ended March 31, 2026.
PRECAM · price
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Precision Camshafts Limited has submitted a revised Annual Secretarial Compliance Report for FY 2025-26, as required under SEBI LODR Regulations. The key observation is a technical compliance deviation: the Risk Management Committee (RMC) went 210 days between meetings (August 2025 to August 2025), exceeding the regulatory requirement of a maximum 10-day gap under Regulation 21 of SEBI LODR. The company clarified this was unintentional with no mala fide intent and has reported the omission in its Corporate Governance filings. The Practicing Company Secretary, Ms. Ruchi Bhave, otherwise confirmed broad compliance with applicable SEBI regulations including Secretarial Standards, insider trading norms, related party transactions, and disclosure requirements. No penalties or enforcement actions were imposed by SEBI or stock exchanges. The statutory auditor M S K A & Associates converted to an LLP structure effective January 13, 2026.
This is a routine compliance filing with a minor procedural deviation. The 210-day gap between RMC meetings is a technical oversight with no financial or operational impact. The revised nature of the report suggests the company proactively corrected an earlier filing. No immediate shareholder action or stock price impact is expected, though it highlights the importance of board committee compliance.