Compliances -Reg 24(A) -Annual Secretarial Compliance Report for FY 2025-2026
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Sejal Glass Ltd has filed its Annual Secretarial Compliance Report for FY 2025-26, reviewed by Practicing Company Secretaries M/s Pusalkar & Co. The report confirms the company largely complied with SEBI regulations including LODR, ICDR, and Insider Trading norms. One prior non-compliance was noted: the company failed to maintain the required 2/3 independent directors on the Audit Committee after Mr. Vijay Mamoria was redesignated from Independent to Non-Independent Director. A fine of Rs. 2,360 (including 18% GST) was imposed by both BSE and NSE, which has been paid. No additional non-compliances were found during the review period. Key corporate actions included allotment of 13 lakh equity shares and 4 lakh warrants at Rs. 555 each on preferential basis in December 2025, and shareholder approval for issuing 24 lakh Non-Convertible Redeemable Preference Shares worth Rs. 24 crore in September 2025.
The report is largely positive for shareholders as no material regulatory violations were found during FY 2025-26. The past Audit Committee composition issue has been acknowledged with fines paid, indicating the company took corrective action. The preferential share/warrant issuance and NCRPS plans suggest potential capital raising activity.