Vishnu Chemicals Limited has filed its Annual Secretarial Compliance Report for the financial year ended March 31, 2026, with the stock exchanges. The report, certified by practicing company secretary L. Dhananjaya Reddy, confirms that the listed entity has complied with the provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and other applicable guidelines during the review period.

The report highlights one instance of non-compliance concerning Regulation 21(2) of the SEBI (LODR) Regulations, 2015. The company failed to adhere to the required composition of the Risk Management Committee from May 15, 2025, to February 17, 2026. Consequently, both BSE Limited and NSE Limited imposed a fine on the entity.

Penalty Details

The deviations and subsequent actions taken by the management are detailed in the compliance report. The Risk Management Committee was reconstituted effective February 18, 2026, following the communication received from the stock exchanges.

Additional Affirmations

The company provided additional affirmations as per NSE and BSE circulars dated March 16, 2023, and April 10, 2023. These affirmations cover various aspects of corporate governance, including the adoption of policies, maintenance of a functional website, and performance evaluation of the Board and committees.

The report confirms that no statutory auditors resigned during the financial year and that there are no additional non-compliances observed across other SEBI regulations. The management has stated its continued focus on compliance to prevent similar instances in the future.

Vishnu Chemicals Limited has announced the resumption of full operations at its Parwada plant in Visakhapatnam, Andhra Pradesh, following the completion of routine maintenance work. The plant has been operational since May 12, 2026, bringing to a close the temporary shutdown that was first communicated on April 15, 2026, and subsequently extended as disclosed on May 5, 2026. The update was filed in compliance with Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

Shutdown and Resumption Timeline

The following table outlines the key details related to the maintenance shutdown and the plant's return to operations:

Regulatory Compliance

The resumption announcement was filed by Vibha Shinde, Company Secretary & Compliance Officer of Vishnu Chemicals Limited, through the BSE Listing Centre and the NSE Electronic Application Processing System (NEAPS). The company had previously committed to keeping the stock exchanges informed upon the restart of operations at the Parwada facility, and this disclosure fulfils that obligation in accordance with applicable regulatory requirements.