Annual Secretarial Compliance Report for the Financial Year ended March 31, 2026.
QUESS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Quess Corp has filed its Annual Secretarial Compliance Report for FY 2025-26. The report shows the company largely complied with SEBI regulations, though one deviation was noted regarding the composition of the Nomination and Remuneration Committee (NRC) under Regulation 19(1) and 19(2). The non-compliance arose due to a temporary technical error while calculating the proportion of independent directors during a round-off. NSE and BSE jointly levied a fine of Rs. 2,000 per day for this issue. The company has since reconstituted the NRC in line with regulatory requirements and paid the fine. No further action has been taken by the stock exchanges or SEBI. The Practicing Company Secretary confirmed full compliance across 13 other parameters including secretarial standards, website disclosures, related party transactions, and insider trading regulations.
The disclosure is largely positive for shareholders as the single compliance lapse has been rectified and no ongoing regulatory actions remain. The fine amount was minor and the company demonstrated timely remediation.