Annual Secretarial Compliance Report for the financial year ended March 31,2026.
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Suraj Industries Ltd has filed its Annual Secretarial Compliance Report for FY 2025-26, certified by Practicing Company Secretary Shivani Agarwal. The company has largely complied with SEBI regulations including LODR, ICDR, SAST, and PIT regulations. One minor non-compliance was noted: the company submitted prior intimation for a Rights Issue Committee meeting on October 6, 2025 (one day before the October 7 meeting), instead of the required two working days advance notice under Regulation 29 of SEBI LODR. BSE levied a fine of Rs. 10,000 plus GST, which the company paid Rs. 11,800 under protest while seeking waiver. The company argues the intimation was part of a continuous disclosure sequence and denies any substantive non-compliance. The waiver application remains pending with BSE.
The non-compliance is minor and the company has defended its position. The fine paid under protest is not material. The pending waiver application means the matter is still unresolved with BSE, but this is unlikely to significantly impact the stock given the small fine amount and company's clear compliance stance otherwise.