Syngene International Limited has released its Annual Secretarial Compliance Report for the financial year ended March 31, 2026. The report, reviewed by independent Company Secretaries, confirms the company’s commitment to robust governance and statutory standards. While the company maintained high levels of adherence to regulatory requirements, it addressed a minor, temporary deviation regarding the composition of its Nomination and Remuneration Committee observed during the second quarter of the fiscal year.
Commitment to Corporate Governance
The annual secretarial review for the financial year 2025-2026 underscores Syngene International’s focus on maintaining transparent and sound corporate processes. The evaluation, conducted by an external firm of Company Secretaries, confirms that the company maintains a strong compliance mechanism, ensuring adherence to statutory provisions and internal policies throughout the reporting period.
Review Findings and Compliance Status
During the review, it was noted that the company fully complied with all applicable secretarial standards and corporate policies. A minor administrative deviation was identified concerning the Nomination and Remuneration Committee composition, which occurred between July 22, 2025, and July 31, 2025. This issue was temporary in nature and was promptly addressed through a reconstitution of the committee. The company confirmed that the committee’s composition remained fully compliant for the remainder of the quarter ended September 30, 2025, and continues to be in order.
Resolution and Future Outlook
Following the review, the company has paid a fine of ₹20,000 to both the BSE and the National Stock Exchange as part of the resolution process for the identified deviation. The Board of Directors has taken proactive steps to ensure strict adherence to all governance mandates moving forward, reaffirming the company’s commitment to maintaining the highest standards of corporate conduct and operational integrity.
Source: BSE
