Thermax Limited has informed the Exchange regarding 'Annual Secretarial Compliance Report for FY 2025-26.
THERMAX · price
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Thermax Limited has submitted its Annual Secretarial Compliance Report for the financial year ended March 31, 2026, as required under SEBI Regulation 24A. The report was prepared by Makarand M. Joshi & Co., Practicing Company Secretaries, who examined the company's compliance with SEBI regulations including the Listing Regulations, Takeover Regulations, Share Based Employee Benefits Regulations, and Insider Trading Regulations. The secretarial auditor found that Thermax has fully complied with all applicable regulations and circulars, with no deviations or observations noted. All 13 compliance checkpoints including secretarial standards, policy adoption, website disclosures, director qualifications, subsidiary disclosures, document preservation, performance evaluation, related party transactions, and insider trading norms were marked as compliant. No penalties or actions were taken by SEBI or stock exchanges against the company.
This is a clean compliance report with no red flags. The company has demonstrated full adherence to all SEBI regulatory requirements for FY 2025-26, which is a positive signal for investors regarding corporate governance standards and regulatory compliance.