NCC Limited Submits Annual Secretarial Compliance Report for FY 2025-26 with Zero Deviations
NCC Limited submitted its Annual Secretarial Compliance Report for FY 2025-26 to the stock exchanges on May 18, 2026, under Regulation 24A of SEBI LODR Regulations, 2015. The report, issued by M/s Ravi & Subramanyam, Company Secretaries, Hyderabad, and dated May 15, 2026, confirmed full compliance across all applicable SEBI regulations with no deviations or penalties recorded. Key governance areas including related party transactions, insider trading norms, website disclosures, and subsidiary reporting were all found to be compliant. No regulatory actions were taken against the company, its promoters, directors, or subsidiaries by SEBI or the stock exchanges during the review period.

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NCC Limited submitted its Annual Secretarial Compliance Report for the financial year ended March 31, 2026, to the stock exchanges on May 18, 2026. The submission was made in compliance with Regulation 24A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The report was prepared and issued by M/s Ravi & Subramanyam, Company Secretaries, Hyderabad, and bears the date May 15, 2026.
Report Scope and Examination
The compliance report was prepared by A. Ravi Shankar, Partner at Ravi & Subramanyam (M. No: F5335, C.P. No: 4318, UDIN: F005335H000358523), following a thorough examination of all relevant documents, records, filings, and the company's website for the review period. The examination covered compliance with the SEBI Act, 1992, and the Securities Contracts (Regulation) Act, 1956, along with all applicable regulations, circulars, and guidelines issued thereunder.
The specific regulations examined are summarised below:
| Regulation | Applicability |
|---|---|
| SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 | Applicable |
| SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 | Not Applicable during the year under review |
| SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 | Applicable |
| SEBI (Buyback of Securities) Regulations, 2018 | Not Applicable during the year under review |
| SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 | Not Applicable during the year under review |
| SEBI (Issue and Listing of Non-Convertible Securities) Regulations, 2021 | Not Applicable during the year under review |
| SEBI (Prohibition of Insider Trading) Regulations, 2015 | Applicable |
| SEBI (Depositories and Participants) Regulations, 2018 | Applicable |
Compliance Status: No Deviations Recorded
The practicing company secretary confirmed that NCC Limited complied with all applicable provisions of the above regulations and circulars during the review period. The compliance deviation table recorded Nil exceptions, indicating no regulatory breaches, penalties, or corrective actions were required.
Key Compliance Highlights
The report assessed compliance across multiple governance and regulatory parameters. The following key areas were reviewed and confirmed as compliant:
- Website Maintenance and Disclosures: The company maintained a functional website with timely dissemination of documents and accurate web-links in annual corporate governance reports under Regulation 27(2).
- Disqualification of Directors: None of the directors of the company were disqualified under Section 164 of the Companies Act, 2013.
- Subsidiary Disclosures: Material subsidiary companies were identified and all required disclosures with respect to material as well as other subsidiaries were made.
- Preservation of Documents: Records were preserved and maintained as prescribed under SEBI Regulations, in accordance with the company's Policy of Preservation of Documents and Archival Policy.
- Performance Evaluation: The board conducted performance evaluations of the Board, Independent Directors, and Committees at the start of the financial year as prescribed.
- Related Party Transactions (RPTs): Prior approval of the Audit Committee was obtained for all related party transactions.
- Disclosure of Events or Information: All required disclosures under Regulation 30 read with Schedule III of SEBI LODR Regulations, 2015, were provided within prescribed time limits.
- Prohibition of Insider Trading: The company was in compliance with Regulations 3(5) and 3(6) of the SEBI (Prohibition of Insider Trading) Regulations, 2015.
- Regulatory Actions: No actions were taken against the company, its promoters, directors, or subsidiaries by SEBI or by BSE and NSE during the year under review.
- Statutory Auditor Resignation: No such event occurred during the financial year.
- Additional Non-Compliances: No additional non-compliance was observed for any SEBI regulation, circular, or guidance note during the year under review.
Submission Details
The report was submitted to the stock exchanges by A. Karthik, Company Secretary of NCC Limited, under reference number NCCL/Sec-Com/2026-27. The secretarial compliance report was issued by Ravi & Subramanyam, Company Secretaries (Peer Review No: 1349/2021), from Hyderabad, and is dated May 15, 2026.
Historical Stock Returns for NCC
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -4.97% | -10.20% | -1.77% | -17.07% | -33.45% | +92.80% |
How might NCC Limited's consistent regulatory compliance record influence its ability to secure large government infrastructure contracts in FY2027?
Given that SEBI's Issue of Capital regulations were not applicable this year, is NCC Limited likely to pursue any equity fundraising or rights issue in the near term to fund its order book expansion?
How could potential changes to SEBI's LODR regulations or stricter insider trading enforcement impact NCC Limited's compliance costs and governance structure going forward?


































