Annual Secretarial Compliance Report for Financial Year ended 31st March 2026
SPMLINFRA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
SPML Infra Ltd has submitted its Annual Secretarial Compliance Report for FY 2025-26 under SEBI Regulation 24A. The report confirms the company is largely compliant with SEBI regulations across 13 compliance areas including secretarial standards, related party transactions, insider trading norms, and disclosure requirements. Historical non-compliances related to improper constitution of the Nomination & Remuneration Committee and Stakeholders Relationship Committee during Q1-Q2 (32 days each) were noted from previous periods, with combined fines of Rs 1,08,560 (BSE) and Rs 42,480 (NSE). However, waiver applications for these past violations have been accepted by Stock Exchanges. For the current review period, no fresh non-compliances or penalties were observed.
Positive for shareholders as the company has cleared past governance lapses and maintains full compliance standing. The waiver approval removes contingent liabilities, though it signals past weakness in board committee governance.