Company Update

SPACE INCUBATRICS TECHNOLOGIES submitted its Annual Secretarial Compliance Report for the financial year ended March 31, 2026. The report highlights significant governance lapses, including the company's failure to maintain a required digital database for insider trading compliance and not updating its website.

It also notes the omission of related party transaction disclosures to the stock exchange and non-compliance in adopting and updating policies.

Furthermore, a new statutory auditor's appointment was not properly ratified post-resignation, alongside non-adherence to certain company act provisions concerning board powers.