VIKASECOBSEVikas EcoTech LtdMinimalNeutral
Announced Thu, 28 May · 16:10 IST

Annual Secretarial Compliance Report for the year ended March 31,2026 as per Regulation 24A of SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015 ('Listing Regulation')

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AI summary

Vikas EcoTech Ltd has filed its Annual Secretarial Compliance Report for the year ended March 31, 2026, as per SEBI Regulation 24A. The secretarial audit conducted by Avinash K & Co found the company largely compliant with SEBI regulations, secretarial standards, and ICSI guidelines. However, the report identifies 5 deviations: (1) delays in filing Shareholding Pattern for Q1 FY26, resulting in Rs 1 lakh fine each from BSE and NSE which the company paid; (2) delay in filing Annual Report for FY 2024-25 with SOP fine imposed; (3) delay in Reconciliation of Share Capital Audit Report with advisory issued; (4) SEBI Show Cause Notice concerning financial disclosures for FY 2018-19 to FY 2021-22 with adjudication proceedings pending; and (5) another SEBI Show Cause Notice for alleged disclosure-related non-compliances, also pending adjudication. The company has submitted settlement applications to SEBI for the regulatory matters.

Likely market impact

The company faces ongoing regulatory scrutiny from SEBI through pending adjudication proceedings. While filing delays have been addressed with fines paid, shareholders should note that SEBI enforcement actions remain unresolved. The settlement applications suggest the company is seeking to resolve these matters, but outcome uncertainty remains.