Please find attached the Annual Secretarial Compliance Report issued by the Practicing Company Secretary for the year ended 31st March, 2026.
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UVS Hospitality and Services Limited has submitted its Annual Secretarial Compliance Report for the year ended 31st March 2026, reviewed by Practicing Company Secretary CS Ananna Sarkar. The report covers compliance with various SEBI regulations including LODR, ICDR, SAST, and Insider Trading regulations. The company was found largely compliant but identified one violation: non-compliance with Regulation 17(2A) regarding quorum requirements for Board Meetings for the quarter ended March 2026. This occurred because the company now falls under the top 2000 listed entities category, making stricter quorum rules applicable. BSE Limited has levied a fine of Rs. 23,600 (including GST). Management has acknowledged the issue and stated that corrective measures have been initiated to ensure proper compliance for all future Board Meetings. All other compliance areas including Secretarial Standards, website disclosures, related party transactions, and insider trading norms were found satisfactory.
The fine of Rs. 23,600 is relatively small but highlights a governance gap. Shareholders should note that the company is taking steps to address this compliance issue. The overall compliance record is satisfactory with 12 out of 13 compliance areas marked as compliant.