Gujarat Fluorochemicals Limited has officially submitted its Annual Secretarial Compliance Report for the financial year ended March 31, 2026. The report, prepared by the firm TNT & Associates, confirms the company’s adherence to various corporate governance standards and regulatory requirements. The filing reinforces the company’s commitment to transparency and regulatory compliance as it continues its operational activities for the current fiscal period.
Report Overview
Gujarat Fluorochemicals Limited (GFL) has concluded its secretarial audit process for the financial year ending March 31, 2026. The comprehensive audit was conducted by TNT & Associates, a Peer-Reviewed firm of Practicing Company Secretaries. This submission ensures that the company remains aligned with industry standards and internal governance frameworks required for listed entities.
Compliance and Governance Highlights
The secretarial audit covered a wide array of statutory requirements, including policies on insider trading, preservation of documents, and the timely updation of policies. The auditors confirmed that the company maintained a functional website and properly disclosed all material events and information in accordance with prescribed time limits. Furthermore, the company has effectively conducted performance evaluations for its Board of Directors and various internal committees during the reporting period.
Resolving Past Observations
The report also addressed previous compliance notes regarding board composition. Following the resignation of a Whole-time Director on March 24, 2025, the company took necessary corrective measures to maintain the required number of Independent Directors. By March 25, 2025, the company successfully realigned its board structure to remain in full compliance with the mandated governance requirements, confirming its commitment to rectifying past procedural gaps promptly.
Source: BSE
