SPML Infra Limited complies with SEBI regulations in FY26
SPML Infra Limited achieved full compliance with SEBI LODR Regulations in FY26, with waivers granted for previous committee constitution issues. The company maintained proper governance standards, including policy updates and website disclosures. No penalties were imposed during the financial year ended March 31, 2026.
*this image is generated using AI for illustrative purposes only.
SPML Infra Limited has complied with the provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 for the financial year ended March 31, 2026. A secretarial audit report by MT & Co., Company Secretaries, confirmed the listed entity's adherence to regulations including the SEBI Act, 1992, and the Securities Contracts (Regulation) Act, 1956. The report noted that no action was taken by SEBI or Stock Exchanges against the entity, its promoters, or directors during the review period.
The report addressed deviations observed in previous periods regarding the constitution of board committees. Specifically, there was non-compliance with the proper constitution of the nomination and remuneration committee and the stakeholder relationship committee during Q2 and Q3. These lapses persisted for a total period of 32 days. While potential fines were initially quantified, the Stock Exchanges accepted waiver requests submitted by the company, resulting in no fine or penalty being imposed.
Compliance Status and Governance
The company confirmed compliance with various governance requirements during the review period. The status of key compliance parameters is detailed below:
| Particulars | Compliance Status | Observations/ Remarks |
|---|---|---|
| Secretarial Standards | Yes | None |
| Adoption and updation of Policies | Yes | Policies adopted under Regulations 30 and 30A; authorized officer is Mrs. Swati Agarwal |
| Maintenance and disclosures on Website | Yes | Information updated regularly; Employee Stock Option Scheme 2021 uploaded |
| Disqualification of Director | Yes | None |
| Details related to Subsidiaries | Yes | Company has no material subsidiary |
| Preservation of Documents | Yes | None |
| Performance Evaluation | Yes | None |
| Related Party Transactions | Yes | Requisite approvals obtained |
| Disclosure of events or information | Yes | NA |
| Prohibition of Insider Trading | Yes | NA |
| Resignation of statutory auditors | NA | NA |
Additional Disclosures
The report confirmed that no additional non-compliances were observed for any SEBI regulation or circular during FY26. The company is in charge of the upkeep of the Structured Digital Database. Furthermore, SPML Infra Limited complied with the disclosure requirements for Employee Benefit Scheme Documents under Regulation 46(2)(za) of the LODR Regulations, specifically regarding the Employee Stock Option Scheme 2021.
The audit scope did not include verification of financial records or an expression of opinion on the future viability of the entity. The report is intended solely for compliance purposes under Regulation 24A(2) of the SEBI LODR Regulations, 2015.
Historical Stock Returns for SPML Infra
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +6.04% | +7.88% | +3.22% | +15.29% | -9.97% | +1,449.22% |
What specific governance measures has SPML Infra implemented to prevent future lapses in board committee constitution?
How will the company's successful waiver requests influence its future approach to regulatory compliance and risk management?
Are there any planned updates to the Employee Stock Option Scheme 2021 following the recent disclosure compliance?
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