Deco Mica received its Annual Secretarial Compliance Report for FY26, highlighting ongoing governance issues.

The company's policy for Related Party Transactions (RPTs) lacks clear board-approved limits, and prior Audit Committee approval was not consistently obtained for all RPTs.

A fine of ₹54,000 (plus GST) was levied for a 27-day delay in submitting the previous year's compliance report.

Additionally, the company's website disclosures were found to be insufficient.

Past compliance issues related to board composition and director appointments have been resolved.

Two independent directors recently vacated office due to prolonged absence and non-completion of required tests.