IndiaMART InterMESH Limited has released its Annual Secretarial Compliance Report for the financial year ended March 31, 2026. The report, conducted by RMG & Associates, confirms that the company has largely adhered to all statutory provisions and corporate governance requirements. While the company maintained high standards of compliance throughout the year, two minor instances involving trading window procedures were identified, which were promptly reported to the relevant stock exchanges.
Compliance Performance Overview
For the financial year ending March 31, 2026, IndiaMART InterMESH Limited demonstrated robust commitment to corporate governance and regulatory compliance. The independent audit conducted by RMG & Associates verifies that the company has effectively maintained its books, records, and filings in accordance with established standards. The review confirms that all mandatory policies are currently in place and have been updated to reflect current requirements.
Governance and Operational Highlights
The company maintains a high level of transparency and operational integrity. Key highlights include:
- Standardization: All internal processes are in full alignment with Secretarial Standards issued by the Institute of Company Secretaries of India (ICSI).
- Transparency: The company continues to maintain a functional website with timely dissemination of all required disclosures and corporate documentation.
- Subsidiary Oversight: While the company operates five subsidiaries, it currently holds no material subsidiaries, and all governance requirements regarding subsidiary oversight are met.
- Board Effectiveness: Performance evaluations for the Board, committees, and independent directors were successfully completed at the start of the financial year.
Regulatory Reporting and Observations
During the FY 2026 review period, the company identified two specific instances regarding trading compliance. In one instance, a designated person created a pledge on equity shares without prior clearance; in another, a designated person executed a trade for a single share during a window closure. Both events were transparently reported to the stock exchanges. To further strengthen internal controls, the company has committed to exploring advanced third-party compliance tools to enhance its monitoring of insider trading regulations.
Source: BSE
