Setubandhan Infrastructure Limited has informed the Exchange about the compliances for the quarter and year ended 31 March 2026
SETUINFRA · price
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Setubandhan Infrastructure Limited, admitted into Corporate Insolvency Resolution Process (CIRP) on 28 November 2022, has informed NSE and BSE that it cannot submit several mandatory compliance documents for Q4 and FY ended March 2026. The documents it cannot file include the Shareholding Pattern, Share Capital Audit Report, RTA Compliance Certificate, and Investor Complaints report. The company states that NSDL, CDSL and its RTA have stopped providing shareholding data (Benpos) because the former management failed to pay outstanding fees. A resolution plan was rejected by NCLT Mumbai on 24 March 2025, and an appeal is pending before NCLAT. The company is exempt from corporate governance norms (Regulations 17–21) under SEBI (LODR) due to being under CIRP.
Shareholders should note the company remains in insolvency proceedings with no resolution plan approved. The inability to file basic compliance documents signals ongoing governance disruption, and the stock may remain suspended or illiquid due to the CIRP status.