Submission of Annual Secretarial Compliance Report for the financial year ended 31st March, 2026
Awaiting price reaction for this filing.
Maa Jagdambe Tradelinks Ltd has submitted its Annual Secretarial Compliance Report for FY 2025-26, revealing multiple compliance failures. The Practicing Company Secretary, M/s. N. Bagaria & Associates, identified six key violations: (1) failure to publish quarterly financial results in newspapers for all four quarters, (2) non-functional company website, (3) non-maintenance of Structured Digital Database for UPSI tracking, (4) delayed appointment of Company Secretary cum Compliance Officer (appointed only on 30th March 2026), (5) non-payment of annual listing fees to BSE, and (6) 9-day delay in Q2 FY2026 Shareholding Pattern submission. The company's securities remain suspended on BSE since 2015 under surveillance measures. Statutory auditors also resigned on 2nd September 2025, with only a Limited Review Report submitted for Q1.
This is a severely negative development. The company has failed multiple SEBI regulations over consecutive years with no meaningful corrective action taken. The continued suspension of securities on BSE and unpaid listing fees create a risk of further regulatory action or potential delisting.