SPEL Semiconductor Ltd — Important, 30-05-2026: Company Update

SPEL Semiconductor's annual compliance report reveals both adherence and some past non-compliances with listing regulations for the financial year. The company faced a fine from BSE for a delay in submitting financial results for a quarter, which has since been rectified. Previously, a fine was also levied for not timely informing BSE about a board meeting, leading to strengthened internal compliance. Additionally, certain events with sensitive financial information were not properly recorded in the required internal database for multiple quarters. The company's wholly-owned subsidiary has not yet started operations, and its investment has been fully impaired.