HEG Limited has formally submitted its Annual Secretarial Compliance Report for the financial year ending March 31, 2026. The report, certified by independent practicing company secretaries, highlights the company’s adherence to good corporate governance practices and outlines specific measures taken regarding internal compliance oversight and regulatory interactions. This disclosure ensures transparency with stakeholders regarding the company’s commitment to maintaining robust board processes and statutory compliance standards.
Report Overview
HEG Limited has filed its comprehensive Secretarial Compliance Report, providing an assessment of the company’s adherence to statutory provisions and governance standards for the fiscal year concluded on March 31, 2026. The review covered the company’s books, minutes, and internal filing mechanisms to ensure full transparency and regulatory alignment.
Compliance and Governance Highlights
The company maintains a high level of compliance with corporate governance mandates. The report confirms that the Board of Directors has upheld Secretarial Standards, maintained a functional website for investor information, and ensured that performance evaluations for committees and independent directors are conducted at the start of each financial year. The company remains in full compliance with its internal policies and broader institutional guidelines.
Proactive Measures and Corrective Actions
During the review period, the company identified and addressed inadvertent non-compliance instances involving specific members of the Promoter Group regarding the Prohibition of Insider Trading. The company acted decisively by issuing show-cause notices, directing the disposal of shares, and ensuring that all proceeds from these transactions were deposited into the Investor Protection and Education Fund (IPEF) account. These actions demonstrate the company’s commitment to maintaining strict internal controls and ethical trading standards.
Regulatory Matters
The company also addressed a previous regulatory matter concerning the appointment of an additional director, which incurred a fine of ₹1,01,480. The company fully settled this obligation by July 1, 2025. This reflects the company’s proactive approach to resolving regulatory inquiries and upholding its commitment to professional conduct.
Source: BSE
