Maharashtra Corporation Ltd — Important, 30-05-2026: Company Update

Maharashtra Corporation Limited has submitted its annual Secretarial Compliance Report. The report highlighted a key non-compliance: the company failed to appoint a qualified Company Secretary as a compliance officer within the mandated timeframe. A fine of Rs. 0.01 Cr (plus GST) was imposed for this lapse and remains unpaid. The report also detailed past compliance issues, such as delayed board meeting intimations and late report submissions, for which the company previously paid fines and rectified the filings. The company's management aims for timely adherence to future regulatory requirements.