Annual Secretarial Compliance Report for the year ended March 31, 2026
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Taylormade Renewables Ltd has filed its Annual Secretarial Compliance Report for FY2026 as required under SEBI regulations. The report, issued by Practicing Company Secretaries Surana and Kothari Associates LLP, identifies three instances of non-compliance during the review period: (1) delayed submission of Consolidated Cash Flow Statement resulting in a Rs.2,36,000 fine from BSE, (2) delayed listing application for equity shares under Schedule XIX fined Rs.2,36,000, and (3) delayed post-allotment compliance under SEBI ICDR Regulations fined Rs.2,83,200. All penalties have been paid and compliances subsequently completed. Two prior-year issues regarding Statement on Impact of Audit Qualification and appointment of a Compliance Officer have also been resolved. Overall, the company maintains compliance with secretarial standards, website disclosures, insider trading norms, and other SEBI requirements.
The three regulatory fines totaling approximately Rs.7.55 lakh indicate administrative delays rather than fundamental governance failures. All non-compliances have been regularized and penalties paid, suggesting no ongoing material risk to shareholders. The company's prompt resolution of these procedural delays demonstrates commitment to compliance.