Annual Secretarial Compliance Report for the year ended 31st March, 2026.
SUMICHEM · price
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Sumitomo Chemical India Ltd has submitted its Annual Secretarial Compliance Report for FY 2025-26, certified by Practising Company Secretaries M/s. M K Saraf & Associates LLP. The report confirms broad compliance with SEBI regulations including LODR, PIT, Takeover, and Depositories regulations. One prior deviation from FY 2024-25 is noted: the Board had less than one-third Independent Directors for 5 days (27 Aug to 31 Aug 2024) due to an independent director's term expiring, resulting in a Rs. 25,000 fine from BSE and NSE, for which the company sought a waiver. For the current review period, the company is compliant across all 13 checkpoints including secretarial standards, related party transactions, insider trading norms, and website disclosures.
The clean compliance report for FY 2025-26 with no new violations is a positive signal for shareholders, indicating the company has addressed prior governance gaps and maintains good regulatory standing with SEBI and stock exchanges.