SHYAMMETLBSEShyam Metalics and Energy LtdMinimalNeutral
Announced Mon, 25 May · 18:21 IST

We are enclosing annual secretarial compliance report for the financial year ended 31.03.2026

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AI summary

Shyam Metalics and Energy Ltd has submitted its Annual Secretarial Compliance Report for the financial year ended 31 March 2026, certified by KPA & Co. LLP, Practicing Company Secretaries. The report confirms that the company largely complied with SEBI regulations including LODR, SAST, SBEB, PIT, and Depositories regulations. One minor deviation was noted: a delay in providing prior intimation to stock exchanges regarding a Board Meeting where dividend declaration was considered, violating Regulation 29 of SEBI LODR. BSE and NSE levied a fine of Rs 10,000 for this contravention, which has been duly paid. The company has implemented measures to ensure timely compliance in future. No other non-compliances were observed during the review period, and the previous year's report had NIL observations.

Likely market impact

This is a routine compliance filing with no material concerns. The minor fine of Rs 10,000 for a procedural delay is insignificant and has been resolved. Shareholders can note that the company maintains good overall regulatory compliance with no disqualification of directors or major violations.