Annual Secretarial Compliance report for the financial year ended March 31, 2026.
TOKYOPLAST · price
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Tokyo Plast International Ltd has filed its Annual Secretarial Compliance Report for the year ended March 31, 2026, prepared by Practising Company Secretary Ashika Shetty. The report identifies six key non-compliances: (1) Failure to fill the Company Secretary/Compliance Officer vacancy within 3 months after Ms. Swagata Indulkar's resignation in February 2025, resulting in a BSE penalty of Rs. 14,160; (2) Delayed filing of Depository Participant certificate for Q4 FY25; (3) Financial results published in English instead of Gujarati regional language; (4) Delayed intimation to stock exchange regarding trading window closure; (5) Promoter Mr. Haresh V Shah's shares not held in dematerialized form; and (6) Failure to make insider trading disclosures for 11,198 shares acquired by Priti Haresh Shah. The report also notes issues with prior year filings being revised beyond prescribed timelines and MCA form filings for director appointments.
The company has demonstrated recurring compliance lapses across multiple SEBI regulations, including regulatory penalties. Shareholders should note that while most issues appear procedural in nature, the dematerialization of promoter shares and insider trading disclosure gaps could raise governance concerns if not promptly rectified.