Voltas Limited has submitted its Annual Secretarial Compliance Report for the financial year ending March 31, 2026. The report, prepared by M/s. N L Bhatia & Associates, Practising Company Secretaries, confirms the company’s adherence to various SEBI regulations and guidelines throughout the fiscal year. The review covered extensive documentation and verified compliance across multiple regulatory areas.
Voltas Limited Files Annual Secretarial Compliance Report
Voltas Limited announced on May 26, 2026, the submission of its Annual Secretarial Compliance Report. This report covers the company’s adherence to statutory provisions and good governance practices for the financial year that concluded on March 31, 2026.
Independent Verification
The review was conducted by M/s. N L Bhatia & Associates, Practising Company Secretaries, who were engaged to audit compliance in terms of Regulation 24A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Their examination involved a thorough review of the company’s records, filings with stock exchanges, and information provided by the management and authorized representatives.
Scope of Review
The scope of the secretarial audit encompassed compliance with the SEBI Act, 1992, and the Securities Contracts (Regulation) Act, 1956, along with all relevant regulations, circulars, and guidelines issued thereunder. Specifically, the audit included an examination of:
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
- SEBI (Prohibition of Insider Trading) Regulations, 2015
- SEBI (Depositories and Participants) Regulations, 2018
- SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 (Not Applicable)
- SEBI (Issue and Listing of Non-Convertible Securities) Regulations, 2021 (Not Applicable)
- SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (Not Applicable)
- SEBI (Buyback of Securities) Regulations, 2018 (Not Applicable)
Key Findings and Compliance Status
The report indicates that Voltas Limited has generally complied with the applicable statutory provisions. Specific areas of review and their compliance status include:
Secretarial Standards
The company’s compliances are in accordance with the Secretarial Standards (SS) issued by the Institute of Company Secretaries of India (ICSI), as notified by the Central Government. Compliance Status: Yes.
Adoption and Updation of Policies
All applicable policies under SEBI Regulations have been adopted with board approval and are in conformity with SEBI Regulations, having been reviewed and updated as required. Compliance Status: Yes.
Website Maintenance and Disclosures
Voltas Limited maintains a functional website (https://www.voltas.in) with timely dissemination of information and accurate web-links for corporate governance reports. Compliance Status: Yes.
Disqualification of Directors
None of the Directors of the Company were disqualified under Section 164 of the Companies Act, 2013, during the financial year. Compliance Status: Yes.
Subsidiary Disclosures
Material subsidiaries have been appropriately identified, and disclosures have been made as required. Compliance Status: Yes.
Preservation of Documents
The company is preserving and maintaining records as prescribed under SEBI Regulations and its archival policy. Compliance Status: Yes.
Performance Evaluation
Performance evaluation of the Board, Independent Directors, and Committees was conducted as prescribed in SEBI LODR Regulations for the financial year 2025-26. Compliance Status: Yes.
Related Party Transactions
Prior approval of the Audit Committee was obtained for all related party transactions entered into during FY 2025-26. Compliance Status: Yes.
Disclosure of Events and Information
All required disclosures under Regulation 30 and Schedule III of SEBI LODR Regulations, 2015, were provided within the prescribed time limits. Compliance Status: Yes.
Prohibition of Insider Trading
The company is in compliance with Regulation 3(5) & 3(6) of SEBI (Prohibition of Insider Trading) Regulations, 2015. Compliance Status: Yes.
Actions Taken by SEBI or Stock Exchanges
No actions have been taken against the listed entity, its promoters, directors, or subsidiaries by SEBI or Stock Exchanges during the review period. Compliance Status: NA.
Resignation of Statutory Auditors
There was no resignation of statutory auditors from the company or its material subsidiaries during the financial year. Compliance Status: NA.
Additional Non-Compliances
No additional non-compliances were observed for all SEBI regulations, circulars, or guidance notes. Compliance Status: NA.
Disclosure of Employee Benefit Scheme Documents
The company is not required to comply with such disclosure on its website during the financial year 2025-26. Compliance Status: NA.
Assumptions and Limitations
The report is based on the assumption that the management of the listed entity is responsible for ensuring compliance with applicable laws and the authenticity of furnished documents. The review is not an audit and does not express an opinion on the financial records or the future viability or effectiveness of the management’s conduct.
Source: BSE
