Annual Secretarial Compliance Report for FY 2025-26
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Vision Corporation Limited has filed its Annual Secretarial Compliance Report for FY 2025-26 with BSE. The report, prepared by Practicing Company Secretaries M/s. Dash Dwivedi & Associates, identifies three non-compliances: (1) the company website is non-functional and under maintenance, violating Regulation 46 of SEBI LODR; (2) the company failed to publish newspaper advertisements within 48 hours of board meetings approving financial results, violating Regulation 47 of SEBI LODR; and (3) the company is SDD (Structured Digital Database) non-compliant under Regulation 3(5) of SEBI PIT Regulations, having maintained the software but not filing reports to the Stock Exchange. Additionally, discrepancies were found in all Corporate Governance reports filed during the period. Management has stated the website will be active soon and commits to future compliance.
These compliance violations may attract regulatory penalties from SEBI or BSE. The non-functional website and missing newspaper advertisements reduce transparency for investors, while the SDD non-compliance raises concerns about insider trading safeguards. Investors should monitor for any regulatory actions or further disclosures from the company.