Associated Ceramics Ltd — Important, 22-04-2026: Company Update

Associated Ceramics has submitted its annual Secretarial Compliance Report. The company completed the redemption of 1,00,000 preference shares, valued at Rs. 5 Crore, though this filing was delayed and incurred a fine. The report also noted that previous delays in appointing independent directors led to penalties from the stock exchange totaling Rs. 0.17 Cr and Rs. 0.068 Cr. Furthermore, current issues include an independent director not registering in the database and the company's failure to secure shareholder approval for an executive director's appointment within the required timeframe.