Disclosure under Regulation 24(A) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Annual Secretarial Compliance Report for the Financial Year ended March 31, 2026
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Stanley Lifestyles Limited has filed its annual Secretarial Compliance Report for FY 2025-26, prepared by Practicing Company Secretary Vijayakrishna K T. The report shows the company largely complied with SEBI regulations but identified four instances of minor delays: (1) Submission of Board meeting outcomes for financial results was delayed by a few hours beyond the 30-minute statutory timeline, (2) Related party transaction disclosures were delayed by 1 day for Q4 FY25, (3) Monitoring Agency Report and Statement of Deviation/Variation were submitted 45+ days after quarter-end, and (4) Another 1-day delay in related party disclosures for Q2 FY25. A fine of Rs. 5,000 was imposed by both NSE and BSE for the Q2 delay, which was duly paid. The company stated it took all efforts to ensure timely submissions. All other areas including secretarial standards, policies, website disclosures, insider trading compliance, and director disqualification checks showed full compliance.
The non-compliances are minor procedural delays rather than substantive violations. The Rs. 5,000 fine (imposed and paid) indicates regulatory acknowledgment without serious concern. This filing is routine and unlikely to materially impact the stock, though it reflects on administrative efficiency.