We herewith submitting the Annual Secretarial Compliance Report for the Year ended 31.03.2026 issue by Siddiqui & Assoicates.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Shervani Industrial Syndicate Ltd has filed its Annual Secretarial Compliance Report for FY ended March 2026, prepared by Siddiqui & Associates. The company largely complies with SEBI regulations but has one notable deviation: a GST demand of Rs. 1,33,96,340 (approximately Rs. 1.34 crore) plus interest and equivalent penalty was raised by the CGST department for non-payment of GST under reverse charge mechanism. The company has decided to file an appeal against this demand. All 13 compliance checkpoints in the report show 'Yes' or 'Not Applicable', with no observations from previous reports and no additional non-compliance noted.
The GST demand of Rs. 1.34 crore represents a financial risk, though the company plans to appeal. Overall SEBI regulatory compliance appears clean, which is positive for shareholders. The pending appeal outcome will be a key monitorable.