Annual Secretarial Compliance Report for the year ended 31st March, 2026
SUPREMEIND · price
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V. Laxman & Co., Company Secretaries, conducted a secretarial review of Supreme Industries Ltd for FY 2025-26. The company largely complied with SEBI regulations including LODR, SAST, and PIT regulations. One deviation was noted: BSE levied a fine of Rs. 42,480 for delayed submission of disclosure under Regulation 52(4) for the quarter ended December 2025. This was the company's first listing of Commercial Paper on BSE, and the delay was unintentional. The company subsequently submitted the required disclosure on 26.02.2026 and has requested BSE to waive the fine. To prevent recurrence, the company has strengthened its internal compliance monitoring system with periodic reviews and escalation mechanisms.
The single compliance lapse is minor and procedural in nature. The company has taken corrective action and requested a fine waiver, indicating strong overall governance. This should not materially impact the stock, but investors should note the enhanced compliance monitoring going forward.