TARAPUR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Tarapur Transformers received its Annual Secretarial Compliance Report for FY ending March 2026, revealing multiple SEBI regulation violations. The company failed to appoint a whole-time company secretary as compliance officer (fined Rs 50,740 by BSE and NSE), did not disclose related party transactions in the prescribed format (fined Rs 5,900), and failed to submit promoter declarations under SAST Regulations. Additional non-compliances include not maintaining a Structured Digital Database for insider trading (Reg. 3(5) & 3(6)), not maintaining a functional website, and not appointing an internal auditor. SEBI has also issued summons to the company and directors to produce documents. Previous year penalties included Rs 3.18 lakh each from BSE and NSE for board composition issues, and Rs 1.05 lakh each for delayed company secretary appointment. The company has acknowledged these lapses and committed to future compliance.
The filing reveals significant compliance deficiencies across multiple SEBI regulations with repeated penalties. This indicates weak corporate governance controls and could attract further regulatory action. Investors should note the ongoing non-compliance issues and SEBI summons, which may negatively impact investor sentiment.