BSEVivid Mercantile LtdMinimalNeutral
Announced Thu, 28 May · 17:43 IST

Annual Secretarial Compliance Report of the Company for year ended 2026.

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AI summary

Vivid Mercantile Ltd has submitted its Annual Secretarial Compliance Report for FY 2025-26 as required under SEBI Regulation 24A. The secretarial auditor, Neelam Somani & Associates, examined compliance with SEBI regulations including LODR, ICDR, SAST, and Insider Trading Regulations. The report confirms the company complied with all applicable SEBI regulations, secretarial standards issued by ICSI, maintained proper website disclosures, preserved documents, conducted board evaluations, obtained prior audit committee approval for related party transactions, and made timely disclosures under Regulation 30. No directors are disqualified, no additional non-compliances were observed, and there are no material subsidiaries.

Likely market impact

Clean compliance report indicates the company is adhering to regulatory requirements. The action taken under Regulation 24A and 27 relates to this very reporting requirement, which is routine. Overall positive for shareholders as it reflects good corporate governance practices.