Annual Secretarial Compliance Report the financial year ended March 31, 2026
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Precision Electronics Ltd filed its Annual Secretarial Compliance Report for FY ended March 31, 2026, as required under SEBI Listing Regulations. The report, issued by Practicing Company Secretary Yogesh Saluja & Associates, identified two new non-compliances: (1) Mr. Hans Jurgen Wagner, a promoter group member, still holds shares in physical form instead of dematerialised form despite being informed to convert them; (2) the company disclosed receipt of orders on May 30, 2025 and August 6, 2026 but did not provide all required details under Regulation 30. Previous non-compliances show mixed progress: CEO/CFO certificates, newspaper publication delays, director appointment procedures, audit committee approvals, and structural digital database maintenance have been resolved. However, Mr. Wagner's demat shares issue persists from the prior year with no communication received from him. No monetary penalties were imposed.
The report shows overall improvement in corporate governance compliance compared to the previous year. The persistent dematerialisation issue with a promoter group member and incomplete order disclosures are minor concerns. No regulatory actions or fines were imposed. Investors should note that the company has addressed most prior-year issues and appears to be in substantial compliance with SEBI regulations.