SPEL Semiconductor's annual compliance report reveals both adherence and some past non-compliances with listing regulations for the financial year.

The company faced a fine from BSE for a delay in submitting financial results for a quarter, which has since been rectified.

Previously, a fine was also levied for not timely informing BSE about a board meeting, leading to strengthened internal compliance.

Additionally, certain events with sensitive financial information were not properly recorded in the required internal database for multiple quarters.

The company's wholly-owned subsidiary has not yet started operations, and its investment has been fully impaired.