Pricol Limited has released its Annual Secretarial Compliance Report for the financial year ended 31st March 2026. The report, verified by an independent Practicing Company Secretary, confirms that the company has adhered to all applicable legal and corporate governance standards during the review period. The assessment highlights the company’s commitment to transparent operations and robust management practices, including the orderly handling of auditor transitions and the consistent maintenance of all required statutory disclosures.
Commitment to Corporate Governance
Pricol Limited continues to uphold high standards of corporate governance, as evidenced by its latest Annual Secretarial Compliance Report. The audit for the year ended 31st March 2026 confirms full compliance with all relevant standards issued by the Institute of Company Secretaries of India (ICSI). All internal policies were reviewed, updated, and approved by the Board of Directors in line with evolving regulatory requirements.
Operational Transparency
The company ensures seamless communication with stakeholders through its functional website, which provides timely access to all necessary documents and disclosures. Performance evaluations for the Board, its committees, and independent directors were conducted as scheduled at the start of the financial year. Furthermore, the company maintained strict adherence to insider trading regulations and ensured that all related party transactions were executed with the prior approval of the Audit Committee.
Auditor Transition and Oversight
The report also details the company’s adherence to protocols regarding the resignation of statutory auditors. During the period, the statutory auditor resigned on 31st July 2025. It is noted that the auditor had successfully issued the Limited Review Report for the quarter ended 30th June 2025 prior to their resignation. No concerns were raised by the statutory auditor to the Audit Committee, and the company has fully complied with all procedural requirements during this transition, ensuring continuity and accountability in its financial reporting processes.
Source: BSE
