Sundaram Brake Linings Limited has informed the Exchange regarding ''. Regulation 24A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, - secretarial compliance report
SUNDRMBRAK · price
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Sundaram Brake Linings has filed its annual secretarial compliance report for the year ended 31 March 2026. The report, issued by Practising Company Secretaries M/s V Suresh Associates, identified three compliance deviations: (1) Non-compliance with board composition requirements under SEBI LODR Regulations 18, 19 and 20, resulting in a fine of Rs. 3.28 lakhs paid to NSE in February 2026; (2) A five-day delay in filing Q1 FY27 Integrated Financial Results (for quarter ended 30 June 2025) with BSE; and (3) Improper disclosure format for the Company Secretary's resignation dated 6 February 2026. Management stated all deviations were unintentional administrative oversights and corrective actions were taken promptly. No observations were pending from the previous year's report.
The company has paid the regulatory fine and taken corrective actions. The deviations are relatively minor administrative lapses rather than fundamental governance failures. The stock is unlikely to face significant negative reaction as the issues were promptly addressed and no systemic compliance failures were found.