REGULATION 24(A) OF ANNUAL SECRETARIAL COMPLIANCE
Awaiting price reaction for this filing.
KSS Limited, currently undergoing Corporate Insolvency Resolution Process (CIRP) under the IBC 2016, has filed its Annual Secretarial Compliance Report for FY ended March 31, 2026, signed by Resolution Professional Dharmendra Dhelariya and certified by Practicing Company Secretary Vishal N. Manseta. The company complied with website disclosures (Reg 46), financial results (Reg 33), and compliance officer requirements (Reg 6), but failed to comply with several SEBI regulations including shareholding pattern (Reg 31), related party transactions (Reg 23), annual report publication (Reg 34), share capital audit report (Reg 76), committee meetings of SRC and NRC (Reg 19 & 20), investor grievance statement (Reg 13(3)), SDD/insider trading compliance, and the SEBI Takeover, IPEF, and Depository Participant Regulations. The company attributed all non-compliances to the CIRP process, under which the Resolution Professional is managing operations. No fines, penalties, or notices were levied by SEBI or the stock exchanges during the review period.
Shareholders should note that the company has significant compliance lapses across multiple SEBI regulations for the second straight year, though no monetary penalties have been imposed yet and management attributes these to the ongoing insolvency process. Continued non-compliance could attract regulatory scrutiny and may affect the company's standing on stock exchanges, while resolution under CIRP remains the key event to watch.