Annual Secretarial Compliance Report for FY 2025-26
ZFSTEERING · price
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ZF Steering Gear India Ltd has filed its Annual Secretarial Compliance Report for FY 2025-26, issued by SIUT & Co LLP, Company Secretaries. The report indicates the company largely complied with SEBI regulations including LODR, Takeover Regulations, and Insider Trading Regulations. One minor deviation was noted: the company received Income Tax orders from CIT(A)-28 via email at 7:30 p.m. on Friday, March 27, 2026 (each containing over 50 pages), and disclosed this to BSE on Monday, March 30, 2026, slightly beyond the 24-hour requirement. The company submitted clarification explaining the late-evening receipt and BSE has not issued any further communication. The report also notes the company has three subsidiaries including two newly designated material subsidiaries (Metacast Auto and OriveSys Systems). No penalties or enforcement actions were taken against the company.
The filing shows the company is largely compliant with SEBI regulatory requirements. The single procedural timing deviation was minor and has been explained to the exchange, with no follow-up actions from BSE, suggesting minimal risk to shareholders. The addition of new material subsidiaries indicates potential business expansion.