ANNUAL SECRETARIAL COMPLIANCE REPORT ISSUED BY SECRETARIAL AUDITOR FYE 31.3.2026
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Rasi Electrodes Ltd has filed its Annual Secretarial Compliance Report for FY 2025-26 as required under SEBI (LODR) Regulation 24A. The secretarial audit was conducted by A.M. Gopikrishnan Madanagopal, Practicing Company Secretary. The company largely complied with applicable SEBI regulations but reported two instances of delayed submissions that attracted fines from BSE: (1) delayed filing of Shareholding Pattern for quarter ended September 30, 2025 (fine Rs. 16,520), and (2) delayed filing of Related Party Transaction details by one day (fine Rs. 5,900). Both delays were acknowledged as inadvertent and the fines have been paid. No prior year observations remain pending. The company has no subsidiaries, no directors are disqualified, and no SEBI actions were initiated during the year.
The company faced minor regulatory penalties for procedural delays in filings. While the fines are small (totaling Rs. 22,420), this indicates some gaps in timely regulatory compliance. Shareholders should note that the company is otherwise in compliance with SEBI regulations, and the management has acknowledged and settled these issues.