Astral Laboratories Limited has confirmed full compliance with the Securities and Exchange Board of India (SEBI) regulations for the financial year ended March 31, 2026. The Annual Secretarial Compliance Report, submitted to BSE Limited, certifies that the listed entity adhered to the provisions of the SEBI Act, 1992, and the Securities Contracts (Regulation) Act, 1956, along with relevant circulars and guidelines.

The report, issued by M/s Mahendra Khandelwal & Co., Practicing Company Secretaries, examined the company's documents, records, and filings made to the stock exchanges. It confirmed that Astral Laboratories maintained a functional website with timely dissemination of information and accurate web-links as required under Regulation 27(2) of the LODR Regulations. The company also adopted and updated all applicable policies under SEBI Regulations with board approval.

During the review period, the company acquired a wholly owned material subsidiary, Sriven Pharmachem India Private Limited. The secretarial audit verified that disclosures regarding this and other subsidiaries were made in accordance with regulatory requirements. Additionally, the performance evaluation of the Board, Independent Directors, and Committees was conducted as prescribed.

The audit confirmed that none of the directors were disqualified under Section 164 of the Companies Act, 2013. The company also complied with regulations concerning related party transactions, obtaining prior approval from the Audit Committee where necessary. No actions were taken by SEBI or stock exchanges against the entity, its promoters, or directors during the financial year.

Compliance Status

Astal Laboratories Limited has disclosed the appointment of a new statutory auditor for its material wholly owned subsidiary, M/s. Sriven Pharmachem India Private Limited. This decision was taken during the board meeting of the subsidiary held on May 19, 2026, to fill the casual vacancy caused by the resignation of M/s. Balaji V & Co.

The board approved the appointment of M/s. Khedar Ankur & Associates Chartered Accountants, bearing Firm Registration Number 040042N. The appointment is effective from May 19, 2026. The firm is a professionally managed proprietorship based in Delhi, led by CA Ankur Khedar.

Auditor Profile

M/s. Khedar Ankur & Associates provides a wide range of professional services. These include statutory audits, internal audits, tax audits, and direct and indirect taxation. The firm also offers GST advisory and compliance, accounting and financial reporting support, certification services, and other regulatory advisory assignments across diverse sectors.

Appointment Details

The following table summarizes the key details regarding the change in statutory auditors:

The disclosure was made to the stock exchanges in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.