RAJTVBSERaj Television Network LtdMinimalNeutral
Announced Wed, 13 May · 13:05 IST

Please find attached Annual Secretarial Compliance Report for the financial year ended March 31, 2026

RAJTV · price

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AI summary

Raj Television Network has filed its Annual Secretarial Compliance Report for the year ending March 31, 2026. The report reveals non-compliance with SEBI Regulation 17(1) regarding Board composition requirements. The company failed to maintain the required number of Independent Directors and appoint a woman director due to delays in sectoral regulator approval. Stock exchanges levied fines totaling ₹2,35,000 + GST (November 2025) and ₹85,000 + GST (February 2026) from each exchange. The company filed waiver applications citing that regulatory approval for the proposed Independent Director was delayed, and these waivers were accepted with no fine actually paid. The company has no subsidiaries.

Likely market impact

While the company avoided paying fines through successful waiver applications, repeated Board composition non-compliances indicate governance concerns. Investors should monitor whether the company now has a compliant Board structure with a woman director and adequate Independent Directors.