BSERathi Steel & Power Ltd-$MinimalNeutral
Announced Fri, 29 May · 12:47 IST

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

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Price reaction · full curve 14 horizons · vs prior close
+1.2%1-day move
₹19.29
prior close
₹18.86
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+0.0+0.4+0.4+0.4+1.2-2.7-4.0-0.9-2.5-2.0+0.5-5.4
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AI summary

Rathi Steel & Power Ltd filed its Annual Secretarial Compliance Report for FY2025-26, certified by Practicing Company Secretary Sameer Kishore Bhatnagar. The company was found to be largely compliant with SEBI regulations including LODR, PIT, and other applicable rules. One prior-period non-compliance was noted: the company had incorrectly filed the Integrated Governance Report for Q4 FY2025 showing an inaccurate composition of the Nomination and Remuneration Committee. BSE levied a fine of INR 2,12,400 (including GST) under Standard Operating Procedures for this lapse. The company subsequently filed the correct composition on May 23, 2025, and successfully obtained a waiver of the fine from BSE on February 26, 2026. No other non-compliances, penalties, or strictures were imposed during the review period. The company has no subsidiaries, no disqualified directors, and no statutory auditor resignation during the period.

Likely market impact

The filing reflects a clean compliance record for FY2025-26 with the sole prior-period fine already waived. This is a routine compliance filing and carries no material concern for shareholders. The stock is unlikely to be impacted.