Poddar Housing and Development Limited has disclosed multiple pending non-compliances under various SEBI LODR Regulations to BSE and NSE in a communication dated March 16, 2026. The disclosure comes in response to stock exchange queries regarding the company's regulatory compliance status.

Major Financial Reporting Violations

The company's most significant compliance lapse involves the non-submission of financial results under Regulation 33, spanning from the quarter ended June 2024 to December 2025. This extended period of non-compliance represents a serious breach of mandatory quarterly reporting requirements.

Board Composition Deficiencies

Poddar Housing faces multiple board-related compliance failures that have persisted for extended periods. The company has been non-compliant with the minimum six directors requirement under Regulation 17 since April 8, 2024.

Since December 27, 2025, the company has failed to maintain several critical board composition requirements:

• Absence of mandatory women director on the board
• Insufficient directors on key committees (Audit, Nomination and Remuneration, and Stakeholders Relationship)
• Lack of independent directors in Audit Committee and Nomination and Remuneration Committee

Committee Structure Violations

The company's committee structure violations under Regulations 18, 19, and 20 highlight significant governance gaps. The minimum requirement of three directors for the Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee has not been met since December 27, 2025.

Ongoing Legal Proceedings

Poddar Housing also provided updates on litigation matters, with three active NCLT cases pending resolution:

The disclosure was signed by Company Secretary Haroon Mansuri and submitted to both BSE (Scrip Code: 523628) and NSE (Scrip Symbol: PODDARHOUS). The comprehensive nature of these compliance failures indicates significant operational and governance challenges facing the Mumbai-based real estate company.