ALPHA TRIBE

AI Champdany Industries LtdImportant, 30-05-2026: Company Update

30-05-2026 | 07:34 pm

AI Champdany Industries' Secretarial Compliance Report for the financial year noted a significant delay in disclosures. The company renewed 1.24 Cr non-convertible 2% cumulative preference shares (valued at approximately Rs. 6.21 Cr), but disclosed this event around 120 days late. No penalty was imposed for this specific delay. Previously, the company faced a penalty for a 15-day delay in submitting audited financial statements and had an excessive gap between Board Meetings. The company has reportedly strengthened its internal compliance mechanisms to ensure timely disclosures and adherence to governance standards going forward.

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