Submission of annual secretarial compliance report for the year ended March 31, 2026
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Shri Krishna Devcon Ltd has submitted its Annual Secretarial Compliance Report for the year ended March 31, 2026, as required under SEBI LODR Regulation 24A. The report, prepared by B. K. Pradhan & Associates, confirms that the company has generally complied with applicable SEBI regulations, secretarial standards, and maintains proper board processes. The compliance status shows 'Yes' for secretarial standards, policy adoption, website maintenance, director qualifications, document preservation, performance evaluation, related party transactions, and insider trading regulations. However, one deviation was noted: the Special Contingency Insurance Policy for duplicate securities issuance expired on June 13, 2025, and no renewal was obtained for the period from June 14, 2025 to March 31, 2026. No fines have been levied for this issue. The company states it is in the process of obtaining a suitable policy immediately.
The filing indicates overall compliance with SEBI regulations, though the lapsed insurance policy represents a minor procedural gap. No immediate shareholder impact is expected as no penalties have been imposed and the company has committed to obtaining the required policy.