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Paul Merchants Limited has submitted its Annual Secretarial Compliance Report for the financial year ended March 31, 2026. The report, issued by a Practicing Company Secretary, affirms the company's compliance with most applicable regulations. Notably, a prior observation regarding an alleged violation concerning a non-executive director's age, which led to a Rs. 2,000 fine, was resolved. BSE Limited withdrew the penalty after the company clarified the director's cessation on their 75th birthday, highlighting effective compliance management and resolution of regulatory concerns.