Bajaj Finance Limited has released its Annual Secretarial Compliance Report for the financial year ended March 31, 2026. The report confirms that the company has largely adhered to mandatory governance and operational standards throughout the review period. The assessment, conducted by an independent firm of practicing company secretaries, highlights high levels of organizational compliance, with a minor observation regarding the approval process for specific related party transactions, which were subsequently ratified.
Report Overview and Scope
Bajaj Finance Limited has completed its annual secretarial audit for the fiscal year ending March 31, 2026. This comprehensive review, undertaken by an independent professional firm, examined the company’s adherence to operational transparency, website disclosures, and internal governance frameworks. The report serves as a formal declaration of the company’s commitment to maintaining high standards of administrative integrity.
Key Findings on Governance
The audit process verified that the company maintains a robust framework for its corporate policies and website disclosures. Notable highlights from the findings include:
- Operational Compliance: Full adherence to secretarial standards and the timely maintenance of all corporate policies.
- Transparency: Effective and timely dissemination of information via the company’s official website and adherence to board-approved procedures.
- Directorship: No disqualifications were reported among the company’s directors, confirming stable leadership.
Management of Related Party Transactions
A specific area reviewed during the audit concerned the approval of related party transactions. The auditors noted that in a limited number of instances, prior approval from the Audit Committee was not obtained before the transactions occurred. However, the report confirms that these specific instances were subsequently ratified by the Audit Committee, ensuring that overall financial oversight remained consistent with corporate governance requirements.
Operational Integrity Confirmed
The review concluded that the company is effectively preserving and managing its records in line with established policies. Furthermore, performance evaluations for the Board, independent directors, and board committees were conducted as required at the close of the financial year. No further compliance issues were noted, reinforcing the company’s strong focus on procedural accuracy and regulatory alignment.
Source: BSE
