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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Systematix Securities Ltd has submitted its Annual Secretarial Compliance Report for the year ended 31st March 2026, reviewed by M/s Varun Bhomia & Co., Practicing Company Secretaries. The company has identified four areas of non-compliance: (1) non-possession of special contingency insurance policy for duplicate securities issuance as per SEBI Circular dated May 25, 2022; (2) 100% of promoter shareholding not held in dematerialized form; (3) non-submission of statement on shareholder complaints within prescribed time limit under Regulation 13(3); (4) non-compliance with requirement to appoint a qualified company secretary as compliance officer under Regulation 6(1). The company has paid total penalties of Rs. 2,53,400 (Rs. 67,260 for shareholder complaints + Rs. 1,86,140 for compliance officer). Management has confirmed it is in the process of obtaining the insurance policy and dematerializing promoter holdings.
The company has faced regulatory penalties indicating weak compliance mechanisms. While management is taking corrective action, investors should monitor timely resolution as these issues relate to investor protection and corporate governance standards.