Bharatiya Global Infomedia Limited disclosed multiple regulatory non-compliances for the financial year ended March 31, 2026, in its Annual Secretarial Compliance Report filed with the stock exchanges. The report, conducted by AK & Associates, Company Secretaries, highlights significant delays in statutory filings and governance lapses, resulting in penalties imposed by both BSE and NSE.

The company reported delays in uploading quarterly financial results for the quarters ended March 31, 2024, and December 31, 2024. It also failed to submit disclosures of related party transactions for the half-year ended September 30, 2024. These delays attracted penalties from the exchanges, though the company represented that the delays were inadvertent.

Governance issues were also a key finding in the report. The company was found non-compliant with Regulation 17 of the SEBI (LODR) Regulations, 2015, regarding the composition of the Board of Directors. Specifically, there was a failure to appoint a woman director and non-compliance concerning the continuation of a non-executive director who had attained the age of seventy-five years. Mr. Rohit Kaushik was noted as being shown as an additional director on the official website despite his appointment in 2019.

The report further detailed delays in submitting the shareholding pattern and the Reconciliation of Share Capital Audit Report. For the quarter ended March 31, 2025, the shareholding pattern was filed with a one-day delay, and 95,833 equity shares held by promoters were still in physical form. The company also faced penalties for non-submission of the Annual Secretarial Compliance Report for the financial years ended March 31, 2022, and March 31, 2023.

Key Compliance Deviations

The company stated that it is diligently dealing with these matters and is in touch with exchange officials to seek waivers for the penalties. The report also noted that the company has not paid Annual Listing Fees and is in violation of SEBI & Exchange regulations.