ALPHA TRIBE

Abhijit Trading Company LtdImportant, 30-05-2026: Company Update

30-05-2026 | 05:39 pm

Malt Land Distilleries received its Annual Secretarial Compliance Report for the financial year ended March 31, 2026. The report highlights several compliance issues, including the company's website not being updated, key SEBI policies not being adopted or updated correctly, and insufficient disclosures regarding insider trading and an associate company. Additionally, a material related party transaction proceeded without Audit Committee approval, and the company exceeded borrowing limits without shareholder consent. The company also did not fully comply with procedures related to the resignation of statutory auditors. These observations indicate areas needing immediate attention for improved governance and transparency.

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