Announced Thu, 21 May · 15:46 IST

We are forwarding herewith Annual Secretarial Compliance Report for the Financial year 2025-26 as per Reg 24A of SEBI(LODR) Regulations, 2015

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AI summary

Shelter Infra Projects Limited has submitted its Annual Secretarial Compliance Report for FY 2025-26 under SEBI LODR Regulation 24A. The report indicates general compliance with SEBI regulations but highlights two issues: (1) The company failed to obtain prior approval from its Audit Committee for related party transactions, and (2) The company was penalized Rs 1,83,563 (approximately Rs 1.84 lakh) by BSE for delayed appointment of a qualified Company Secretary/Compliance Officer beyond the prescribed three-month timeline after the previous compliance officer's resignation. The company subsequently appointed Mr. Dharmendra Kumar Singh as Company Secretary & Compliance Officer on 6 March 2026 and intimated BSE accordingly. The secretarial auditor has certified compliance across most areas including secretarial standards, website disclosures, document preservation, and insider trading regulations.

Likely market impact

The penalty and non-compliance flag for related party transactions could signal governance concerns to investors. However, the company has since remedied the compliance officer vacancy, and the overall compliance record is largely clean, suggesting limited ongoing risk.