Mrs. Bectors Food Specialities Limited has submitted its Annual Secretarial Compliance Report for the financial year ending March 31, 2026. The report, issued by B.K. Gupta & Associates, confirms the company’s compliance with various SEBI regulations and listing obligations. This filing fulfills the requirements under Regulation 24A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Annual Secretarial Compliance Report Submitted
Mrs. Bectors Food Specialities Limited has officially filed its Annual Secretarial Compliance Report for the financial year that concluded on March 31, 2026. This mandatory submission, made pursuant to Regulation 24A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, has been prepared by M/s. B.K. Gupta & Associates, a firm of Practicing Company Secretaries.
The report was issued following a thorough examination of the company’s documents, records, filings to stock exchanges, and other relevant information. This process ensures adherence to the provisions of the SEBI Act, 1992, the Securities Contracts (Regulation) Act, 1956 (SCRA), and various regulations, circulars, and guidelines issued by the Securities and Exchange Board of India (SEBI).
Key Compliance Areas Reviewed
The examination covered a comprehensive list of specific regulations, including:
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
- SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.
- SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
- SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.
- SEBI (Issue and Listing of Non-Convertible Securities) Regulations, 2021.
- SEBI (Prohibition of Insider Trading) Regulations, 2015.
The report details the company’s compliance status across various operational and governance aspects.
Summary of Compliance Status
The Annual Secretarial Compliance Report indicates that Mrs. Bectors Food Specialities Limited has largely maintained compliance. Key highlights from the report include:
- Secretarial Standards: The company’s compliances are in accordance with the applicable Secretarial Standards issued by the Institute of Company Secretaries of India (ICSI).
- Policy Adoption: All applicable SEBI regulations are adopted with board approval, and policies are reviewed and updated in conformity with SEBI regulations and guidelines.
- Website Disclosure: The company maintains a functional website with timely dissemination of documents and accurate web-links for corporate governance reports.
- Director Disqualification: No directors are disqualified under Section 164 of the Companies Act, 2013.
- Subsidiary Compliance: Material subsidiaries, including Bakebest Foods Private Limited, are identified, and disclosure requirements for all subsidiaries are met.
- Preservation of Documents: Records are preserved and maintained as per SEBI regulations and the company’s archival policy.
- Performance Evaluation: The Board, Independent Directors, and Committees have undergone performance evaluations as prescribed.
- Related Party Transactions: Prior approval of the Audit Committee has been obtained for all related party transactions.
- Disclosure of Events: All required disclosures under Regulation 30 and Schedule III of SEBI (LODR) Regulations, 2015, have been provided within the stipulated time.
- Insider Trading: The company is compliant with SEBI (Prohibition of Insider Trading) Regulations, 2015.
Minor Incident Reported
An additional note in the report highlights a minor non-compliance: the company received an administrative warning letter for a 7-day delayed submission of the Monitoring Agency Report for the quarter ended March 31, 2025. However, no monetary penalty or further enforcement action was initiated by SEBI or the Stock Exchange(s) as of the report date.
The report confirms that the listed entity is in compliance with disclosure requirements for Employee Benefit Scheme Documents as per Regulation 46(2) (za) of the LODR Regulation. It also serves as a compliance report solely for the intended purpose of Regulation 24A (2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The report was prepared by B.K. Gupta & Associates, Company Secretaries, and dated 25.05.2026.
Source: BSE
