Franklin Industries Ltd — Important, 28-05-2026: Company Update

Franklin Industries' Annual Secretarial Compliance Report for FY26 revealed multiple governance shortcomings and non-compliances. The company faced fines of Rs 2,14,760 for an improperly constituted Audit Committee, Rs 1,06,200 for not appointing a qualified Company Secretary, Rs 77,880 for unresolved investor complaints, and Rs 11,800 for delayed submission of an EGM scrutinizer's report. The company also confirmed delayed submission of this compliance report and a "SDD Non-Compliant" status on the BSE website due to technical issues, which they are actively addressing. Management has committed to improving future compliance.