Privi Speciality Chemicals Limited has released its Annual Secretarial Compliance Report for the financial year ended March 31, 2026. The report, prepared by independent firm Rathi and Associates, confirms that the company has adhered to all applicable corporate governance standards and regulatory requirements during the review period. The findings highlight the company’s commitment to maintaining high standards of transparency, operational integrity, and full compliance with governing bodies.
Commitment to Corporate Governance
Privi Speciality Chemicals Limited has demonstrated a robust adherence to statutory requirements for the financial year ended March 31, 2026. This annual assessment serves as a testament to the company’s focus on maintaining transparent and ethical business practices. The review conducted by external company secretaries encompasses a thorough examination of corporate records, website disclosures, and overall procedural compliance.
Key Highlights of the Compliance Audit
The comprehensive review covered several critical areas of corporate management, ensuring that the company maintains its operational excellence. Key findings include:
- Policy Adoption: All essential corporate policies are fully aligned with industry standards and have received necessary approvals from the board of directors.
- Website Transparency: The company maintains a functional website with timely dissemination of information and accurate links to governance documents.
- Board Integrity: The company confirmed that no directors are disqualified, ensuring the board remains compliant with current statutes.
- Performance Evaluation: The firm successfully conducted performance evaluations for the Board, Independent Directors, and various committees at the start of the financial year.
- Related Party Transactions: All related party transactions received prior approval from the Audit Committee, reflecting strong internal financial controls.
Operational Status
The audit also verified that the company has met all requirements regarding disclosures of events and information, as well as maintaining proper records of documents as required by law. There were no instances of resignation by statutory auditors, and the company remains in compliance with all relevant guidelines concerning employee benefit schemes and market conduct.
Source: BSE
