RHI Magnesita India Limited has released its Annual Secretarial Compliance Report for the financial year ended 31 March 2026. The report, audited by M/s Naresh Verma & Associates, confirms the company’s adherence to all relevant corporate governance standards and procedural requirements. The review highlights that the company has maintained robust internal systems and complied with necessary regulatory filings, ensuring continued transparency and operational integrity for the 2025-2026 fiscal period.
Commitment to Corporate Governance
As part of its ongoing dedication to transparency, RHI Magnesita India Limited has successfully completed its secretarial audit for the fiscal year ending 31 March 2026. This comprehensive review verifies that the company has effectively maintained its statutory records and followed all mandated corporate procedures. The audit provides stakeholders with assurance regarding the company’s management of legal and procedural requirements.
Key Audit Findings
The independent audit conducted by M/s Naresh Verma & Associates confirms that the company has remained in compliance with all applicable standards throughout the 2025-2026 financial year. Key areas examined included:
- Policy Adoption: All internal policies remain updated and aligned with current requirements.
- Website Disclosures: Information is disseminated in a timely and accurate manner on the company’s official portal.
- Related Party Transactions: All such transactions received the required prior approval from the audit committee.
- Performance Evaluation: The board, independent directors, and committees successfully conducted their performance evaluations.
Operational Integrity
The report notes that no adverse actions were taken against the company, its promoters, or its directors during the period under review. Furthermore, the company continues to demonstrate strong internal control systems, with no reportable issues regarding director disqualifications or auditor resignations. This clean audit status reinforces the company’s stability and its commitment to maintaining the highest standards of corporate governance for its investors.
Source: BSE
