Yarn Syndicate Limited has filed its Annual Secretarial Compliance Report for the year ended March 31, 2026, with the stock exchanges. The report, issued by M/s. Jay Pandya & Associates, Practicing Company Secretaries, confirms the company's compliance with the Securities and Exchange Board of India (SEBI) Act, 1992, and the Securities Contracts (Regulation) Act, 1956. While the listed entity largely adhered to the provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the report notes a specific instance of non-compliance regarding the Shareholding Data Disclosure (SDD) system on the BSE portal.

The practicing company secretary observed that the status of the company appears as 'SDD Non-compliant' on the BSE website. In response, the management attributed this status to an unforeseen technical issue and data corruption within the existing software system. Consequently, the company was unable to retrieve the necessary data to meet the disclosure requirements. The report states that the company has initiated corrective steps and is currently in the process of installing a new SDD software system to ensure the seamless maintenance of records and continued regulatory compliance.

Compliance Status and Remedial Actions

The audit examined various regulatory frameworks, including the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. The report confirms that the company has complied with Secretarial Standards issued by the Institute of Company Secretaries of India (ICSI) and has adopted and updated all applicable policies with board approval. Additionally, the company maintained a functional website with accurate web-links and preserved documents as prescribed under SEBI regulations.

Regarding the observation made in the previous year's report for the year ended March 31, 2025, the company provided records demonstrating compliance with SDD requirements. The management noted that they are in communication with the exchange to resolve the technical matter. The practicing company secretary confirmed that no further comments were necessary regarding the prior observation.

Governance and Disclosures

The report verified that none of the directors of the company are disqualified under Section 164 of the Companies Act, 2013. It also confirmed that the company conducted performance evaluations of the Board, Independent Directors, and Committees as prescribed. All related party transactions obtained prior approval from the Audit Committee, and necessary disclosures under Regulation 30 of the SEBI LODR Regulations were made within the stipulated time limits.

The following table summarizes the key compliance parameters examined during the review period:

Yarn Syndicate Limited has appointed Ms. Shrasti Dubey as its Company Secretary and Compliance Officer effective May 28, 2026, strengthening its corporate governance framework. The board approved the appointment during a meeting held on Thursday, based on the recommendation of the Nomination and Remuneration Committee. Ms. Dubey assumes the key regulatory role immediately, overseeing compliance with the Companies Act and SEBI regulations.

The appointment was intimated to BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure references a specific SEBI circular dated January 30, 2026, regarding the details required for such appointments. The company confirmed that all necessary disclosures regarding the new officer have been submitted to the exchange.

Ms. Shrasti Dubey is an Associate Member of the Institute of Company Secretaries of India, holding Membership No. A75085. She is a B.Com graduate from Barkatullah University and has completed 21 months of professional training. Her professional background includes 1.6 years of experience specifically in secretarial compliances and corporate governance.

Profile of the Appointee

Ms. Dubey's experience includes exposure to matters relating to the Companies Act, SEBI regulations, and other regulatory compliances. The company stated that she possesses a sound understanding of corporate governance and the requirements for compliance with applicable laws. Her credentials were detailed in the annexure submitted to the stock exchange.

The following table summarizes the key details of the appointment: