Shakti Pumps (India) Limited has released its Annual Secretarial Compliance Report for the financial year ending March 31, 2026. The report, prepared by M. Maheshwari & Associates, confirms the company’s adherence to essential corporate standards and governance policies during the review period. The submission ensures transparency and provides stakeholders with an overview of the company’s compliance status regarding operational policies and regulatory requirements for the 2025-2026 fiscal year.
Report Overview
Shakti Pumps (India) Limited has officially submitted its Annual Secretarial Compliance Report for the year concluded on March 31, 2026. The comprehensive audit was conducted by M. Maheshwari & Associates to evaluate the company’s governance practices and procedural adherence throughout the 2025-2026 financial year.
Governance and Policy Compliance
The review confirms that the company has effectively maintained its operational integrity. Key findings include:
- Policy Adoption: All required corporate policies have been formally adopted, reviewed, and updated with board approval.
- Disclosure Standards: The company maintains a functional website with timely dissemination of information and accurate web links for corporate governance reporting.
- Secretarial Standards: Operations are in full accordance with the established standards set by the Institute of Company Secretaries of India.
- Administrative Integrity: No directors were found to be disqualified, and the company continues to maintain robust procedures for performance evaluation and preservation of essential records.
Status of Previous Observations
The report addressed past observations from the previous year, noting that corrective measures were implemented to ensure timely filings and adherence to reporting schedules. Regarding historical matters involving regulatory orders from December 2022, the company successfully challenged the findings, with a January 2025 order quashing the earlier regulatory action, reinforcing the company’s commitment to robust compliance and legal accountability moving forward.
Source: BSE
