Laurus Labs Limited has formally submitted its Annual Secretarial Compliance Report for the financial year ending March 31, 2026. This report, issued by a Practicing Company Secretary, confirms compliance with various SEBI regulations. The company has provided an update on its adherence to corporate governance standards and regulatory requirements throughout the review period. This filing is a routine procedural step to ensure transparency and regulatory adherence.
Compliance Report Filed for FY 2025-26
Laurus Labs Limited has officially disseminated its Annual Secretarial Compliance Report, covering the financial year that concluded on March 31, 2026. This crucial document has been prepared and submitted in accordance with Regulation 24A(2) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Practicing Company Secretary’s Review
The report was meticulously compiled and issued by a qualified Practicing Company Secretary. It encompasses a comprehensive review of the company’s adherence to the stipulated regulations and guidelines throughout the specified financial year. This includes an examination of various documents, records, and filings made by Laurus Labs Limited with the designated stock exchanges, as well as information available on the company’s website.
Scope of Examination
The examination scope included ensuring compliance with the Securities and Exchange Board of India Act, 1992, and its associated regulations, circulars, and guidelines. Furthermore, the report addresses compliance with the Securities Contracts (Regulation) Act, 1956, and relevant SEBI directives. Specific regulations reviewed cover areas such as Listing Obligations, Issue of Capital and Disclosure Requirements, Substantial Acquisition of Shares and Takeovers, Depositories and Participants, and Share Based Employee Benefits.
Key Compliance Areas
The report indicates that Laurus Labs Limited has largely maintained compliance across various parameters. This includes aspects such as the composition of its Board of Directors, adoption and timely updation of policies, website maintenance and disclosures, and preservation of documents. The company has also been assessed on its performance evaluation processes and handling of related party transactions.
Previous Year Observations Addressed
The report also details actions taken by the listed entity to address observations from the previous year’s report (for FY 2024-25). Specifically, the company has informed the Board and complied with requirements related to the composition of the Board of Directors and has paid the necessary penalty amount. The company’s adherence to Secretarial Standards and the timely updating of its policies are also confirmed as compliant.
No Deviations Noted
Notably, the report explicitly states that there were no deviations or non-compliance issues identified during the review period concerning the specified regulations and guidelines. The listed entity has also been found to be in compliance with the disclosure requirements related to Employee Benefit Scheme Documents.
Assumptions and Limitations
The report is prepared based on the information and documents provided by the management of Laurus Labs Limited, who are responsible for the authenticity and correctness of the furnished details. The scope of the review is limited to verification of documents and information provided, and it does not constitute an audit or an assurance on the future viability of the company or the efficacy of its management.
Source: BSE
