Radhika Jeweltech Limited Reports Compliance Status for Financial Year 2026
Radhika Jeweltech Limited underwent a review of its secretarial compliance for the financial year ended March 31, 2026. The review examined the company's adherence to various regulations governing listed entities.During the review period, the company reported one specific area of non-compliance related to the appointment or continuation of a Non-executive Director.
Board Compliance Deviation
According to the report, the company was non-compliant with the requirement for prior shareholder's approval by way of Special Resolution for the continuation of a Non-executive Director who attained the age of seventy-five years. This deviation was noted for the period spanning March 29, 2025, to June 28, 2025.The non-compliance resulted in a fine amount of Rs. 214,760 from both the BSE and NSE.
Management addressed the violation by subsequently obtaining shareholder approval through a Special Resolution for the continuation of the concerned Non-Executive Director. The company attributed the delay to procedural reasons and confirmed that necessary systems have been strengthened to prevent recurrence.
Overall Compliance Status
The review of compliance across various areas showed a mixed status:| Compliance Area | Status | Key Observations |
|---|---|---|
| Secretarial Standards | Yes | Compliances were found to be in accordance with the applicable Secretarial Standards (SS) issued by the Institute of Company Secretaries of India (ICSI). |
| Policies & Updates | Yes | All applicable policies under SEBI Regulations are adopted and in conformity with SEBI Regulations. |
| Website Maintenance | Yes | The company maintains a functional website with timely dissemination of required information. |
| Disqualification of Directors | Yes | No director of the listed entity is disqualified under Section 164 of the Companies Act, 2013. |
| Subsidiaries Disclosure | Not Applicable | The company reported having no material subsidiaries. |
| Preservation of Documents | Yes | Records are being preserved and maintained as prescribed under SEBI Regulations. |
| Performance Evaluation | Yes | Performance evaluation was conducted as prescribed in SEBI Regulations. |
| Related Party Transactions | Yes | The listed entity obtained prior approval of the audit committee for all related party transactions. |
| Disclosure of Events | Yes | All required disclosures under Regulation 30 were provided within stipulated time limits. |
| Insider Trading | Yes | The listed entity is in compliance with the regulations governing the Prohibition of Insider Trading. |
The report indicated that there were no additional non-compliances observed regarding other SEBI regulations or circular guidelines.
RADHIKAJWE Stock Price Movement
On Friday, Radhika Jeweltech Limited shares edged higher, closing at ₹57.77, reflecting a 2.31% gain on the previous session. The stock settled at this level following robust trading activity, with total volume registering 210,365 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.