Announced Wed, 20 May · 18:31 IST

The Company has received Annual Secretarial Compliance Report for the year ended 31.03.2026 from the Secretarial Auditor of the Company

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AI summary

Yash Management & Satellite Ltd has submitted its Annual Secretarial Compliance Report for FY ended March 31, 2026, audited by Mukesh Purohit & Company. The report highlights two compliance issues: (1) BSE flagged a clerical error in the June 2025 Corporate Governance Report where the Stakeholders Relationship Committee Chairperson was incorrectly reported as not being a Non-Executive Director under Regulation 20(2) — the company filed a revised report with no penalty imposed; (2) A prior year delay in disclosing promoter shareholder reclassification beyond the mandated 24-hour window under Regulation 31A(8)(c), for which BSE issued a warning letter in February 2025 — the company has since strengthened its compliance controls. All other SEBI regulations were found compliant, including secretarial standards, policies, website disclosures, related party transactions, and insider trading norms.

Likely market impact

No financial penalty was imposed for either issue. The filing indicates minor compliance lapses that have been rectified, with the company taking steps to improve internal governance processes. This is a routine regulatory filing with limited direct impact on stock price but reinforces the importance of accurate disclosures.