SURYALAXMIBSESuryalakshmi Cotton Mills LtdMinimalNeutral
Announced Thu, 28 May · 17:01 IST

Annual Secretarial Compliance Report for the financial year ended March, 2026.

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AI summary

Suryalakshmi Cotton Mills Ltd has submitted its Annual Secretarial Compliance Report for FY 2025-26, issued by Practicing Company Secretaries K V C Reddy & Associates. The report confirms that the company has fully complied with all SEBI regulations during the review period, including LODR 2015, SAST 2011, PIT Regulations, and Depositories Regulations. The previous year's non-compliance issues have been resolved: delayed board appointments from April-August 2024 resulted in fines of ₹8.43 lakh and ₹2.12 lakh, both of which were partially waived by BSE/NSE and paid by the company on 23 February 2026. All current compliance checks passed, including secretarial standards, policy updates, website disclosures, director disqualification verification, and related party transactions.

Likely market impact

The clean compliance report with no current deviations is positive for shareholders, indicating the company has addressed past regulatory lapses and is maintaining good governance standards. Past fines have been settled following partial waivers from exchanges.