India Corporate Updates: Penalties, Board Moves, and Regulatory Shifts
Penalty: Rustic‑Urban Food Park Pvt Ltd fined Rs 45,000 for missing a secretarial statement under Section 118(10) of the Companies Act. Read more
Board Decisions: Texmaco Infra’s board authorized key managerial personnel to assess event materiality, streamlining SEBI compliance. Read more
Company Closures: MCA data shows about one‑third of companies in Meghalaya are listed as closed, highlighting regional distress. Read more
Court Directive: The Supreme Court told a TMC leader to approach the Calcutta High Court for speedy disqualification of ten rebel MLAs. Read more
Appointments: UGRO Capital named a new Company Secretary and Compliance Officer effective Dec 1; Hindustan Construction appointed Debashis Dey as CS/Compliance Officer. UGRO link Hindustan link
Regulatory Changes: MCA’s 2026 amendment overhauls overseas listing framework; Honda India Power updated its insider‑trading code, assigning the CS as compliance officer. MCA link Honda link
Financials: Yogi Infra Projects posted Q2FY27 results, complying with the Companies Act and SEBI rules. Read more
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