Vishal Mega Mart Limited has released its Annual Secretarial Compliance Report for the financial year ended March 31, 2026. The report confirms that the company has adhered to all applicable statutory provisions, corporate governance standards, and regulatory requirements throughout the review period. The compliance review, conducted by Chandrasekaran Associates, validates that the firm maintains robust internal systems for policy adoption, website transparency, and record-keeping.
Commitment to Corporate Governance
Vishal Mega Mart Limited maintains a strong focus on transparency and regulatory adherence. In its latest filing, the company confirmed full compliance with all relevant standards for the 2025-26 fiscal year. This assessment covers various operational areas, including the maintenance of accurate website disclosures, the timely adoption of board-approved policies, and the consistent preservation of corporate documents.
Operational Compliance Highlights
The secretarial review highlighted the company’s diligent practices in several key areas. Specifically, Vishal Mega Mart Limited has ensured that all related-party transactions received prior approval from the Audit Committee. Furthermore, the company maintains a high standard for director integrity, with all board members meeting the necessary eligibility criteria. The report also notes that there were no actions taken against the entity, its promoters, or its subsidiaries by major regulatory bodies during the year.
Transparency and Disclosure Standards
The company continues to prioritize its responsibilities toward shareholders and stakeholders. The report confirms the proper handling of Employee Benefit Scheme documents, ensuring that all necessary disclosures were made in accordance with current guidelines. By consistently following these rigorous governance practices, the company aims to sustain investor trust and operational excellence as it moves forward in the new financial year.
Source: BSE