Pursuant to Regulation 24A of SEBI Listing Regulations read with SEBI Circular No. CIR/CFD/CMD1/27/2019 dated 8th February, 2019, please find enclosed the Annual Secretarial Compliance ....
Awaiting price reaction for this filing.
AJR Infra And Tolling Limited (formerly Gammon Infrastructure Projects Limited) has submitted its Annual Secretarial Compliance Report for FY ended March 31, 2026. The Practicing Company Secretaries, Mitesh Shah & Co., identified 6 compliance deviations, all of which were subsequently rectified. The deviations include delayed submission of quarterly financial results for Q1, Q2, and Q3 of FY26 (submitted on 24/02/2026), delayed re-appointment of two Independent Directors after their terms expired on 30/07/2025, appointment of Ms. Komal Goel via Ordinary Resolution instead of Special Resolution, non-compliance with corporate governance requirements for subsidiary, non-appointment of a qualified Company Secretary as Compliance Officer, and non-registration of Independent Directors on IICA databank. No fines were imposed as the company's equity shares remain suspended from trading since 13/03/2023. BSE granted in-principle approval for revocation of suspension on 04/02/2025.
The company has multiple regulatory non-compliances that were rectified but highlight governance weaknesses. Trading suspension since March 2023 continues; however, BSE has approved revocation in-principle, suggesting potential resumption of trading. Investors should monitor compliance improvements and trading status.