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Take Solutions Ltd — Governance Information 2026
Jun 10, 2026
60381_rns_2026-06-10_a60ecff3-240b-4f8b-8853-50b233146bf4.pdf
Governance Information
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TAKE® Enabling Business Efficiencies TECHNOLOGY ANALYTICS KNOWLEDGE ENTERPRISE
June 10, 2026
TAKE/BSE/2026-27
The Manager
Dept. of Corporate Services-Listing
BSE Limited,
P. J. Towers, Dalal Street,
Mumbai - 400001
Script Code: 532890
Script Id: TAKE
TAKE/NSE/2026-27
The Manager-Listing
Department National Stock Exchange of India Limited
Exchange Plaza, Bandra - Kurla Complex, Bandra (East), Mumbai - 400051
Script: TAKE
Sub: Submission of Annual Secretarial Compliance Report for the Financial Year ended March 31, 2026
Dear Sir / Madam,
Pursuant to Regulation 24A of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the Annual Secretarial Compliance Report of the Company for the financial year ended March 31, 2026, issued by Practicing Company Secretary.
You are requested to take the same on your record.
Thanking You,
For M/s. TAKE SOLUTIONS LIMITED
PARMESHV Digitally signed by
PARMESHVAR
AR NAMDEV NAMDEV DHANGARE
Date: 2026.06.10
DHANGARE 14:40:34 +05'30'
Parmeshvar Dhangare
Director
DIN: 11410125
TAKE SOLUTIONS LIMITED
Registered & Corporate Office : B3, No.9, B-Block, Alsa Arcade, 3rd Floor, 2nd Avenue,
Anna Nagar East, Chennai-600 102, Tamil Nadu, India.
Tel: +91 44 4859 2901; GSTIN: 33AABCT3684M1Z0; CIN: L63090TN2000PLC046338
www.takesolutions.com
Hemang Satra & Associates
Company Secretaries
375 Vidyut Bldg, D Block, 1st Floor,
Chirabazar, Mumbai - 400002
Mobile: +91-9769848168
Email: [email protected]
To,
Take Solutions Limited
B3, No.9, Alsa Arcade,
3rd Floor, 2nd Avenue,
Anna Nagar Estate, Chennai - 600102.
Subject: Secretarial Compliance Report of Take Solutions Limited for the financial year ended 31st March, 2026.
I, Hemang Satra, Proprietor of Hemang Satra & Associates, Company Secretaries have conducted the review of the compliance of the applicable statutory provisions and the adherence to good corporate practices by Take Solutions Limited (hereinafter referred as 'the listed entity'), having its registered office at B3, No.9, Alsa Arcade, 3rd Floor, 2nd Avenue, Anna Nagar Estate, Chennai - 600102. Secretarial review was conducted in a manner that provided a reasonable basis for evaluating the corporate conducts/statutory compliances and to provide my observations thereon.
I have examined:
a) all the documents and records made available to me and explanation provided by the listed entity
b) the filings/submissions made by the listed entity to the stock exchanges,
c) website of the listed entity,
d) any other document/ filing, as may be relevant, which has been relied upon to make this report,
for the year ended 31st March, 2026 ("Review Period") in respect of compliance with the provisions of:
a) the Securities and Exchange Board of India Act, 1992 ("SEBI Act") and the Regulations, circulars, guidelines issued thereunder; and
b) the Securities Contracts (Regulation) Act, 1956 ("SCRA"), rules made thereunder and the Regulations, circulars, guidelines issued thereunder by the Securities and Exchange Board of India ("SEBI");
The specific Regulations, whose provisions and the circulars/ guidelines issued thereunder, have been examined, include:
Hemang Satra & Associates
Company Secretaries
375 Vidyut Bldg, D Block, 1st Floor,
Chirabazar, Mumbai - 400002
Mobile: +91-9769848168
Email: [email protected]
a) The Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015;
b) Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018; (Not Applicable during the Review Period);
c) The Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011;
d) Securities and Exchange Board of India (Buy-back of Securities) Regulations, 2018; (Not Applicable during the Review Period);
e) Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021; (Not Applicable during the Review Period);
f) Securities and Exchange Board of India (Issue and Listing of Debt Securities) Regulations, 2008; (Not Applicable during the Review Period);
g) Securities and Exchange Board of India (Issue and Listing of Non-Convertible and Redeemable Preference Shares) Regulations, 2013; (Not Applicable during the Review Period);
h) The Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015;
i) The Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018;
j) The Securities and Exchange Board of India (Registrars to an Issue and Share Transfer Agents) Regulations, 1993; (Not Applicable during the Review Period);
k) Securities And Exchange Board of India (Delisting of Equity Shares) Regulations, 2021; (Not Applicable during the Review Period);
and circulars/ guidelines issued thereunder;
and based on the above examination, I hereby report that, during the Review Period:
a) The listed entity has complied with the provisions of the above Regulations and circulars/ guidelines issued thereunder, except in respect of the matter specified below:
Page 2 of 13
Hemang Satra & Associates
Company Secretaries
375 Vidyut Bldg, D Block, 1st Floor,
Chirabazar, Mumbai - 400002
Mobile: +91-9769848168
Email: [email protected]
| Sr. No. | Compliance Requirement (Regulations/circulars/guidelines including specific clause) | Regulation/Circular No. | Deviations | Action Taken by | Type of Action | Details of Violation | Fine Amount | Observations/Remarks of the Practicing Company Secretary | Management Response | Remarks |
|---|---|---|---|---|---|---|---|---|---|---|
| 1. | SEBI LODR Regulations | Regulation 17(1)(a), 17(1)(c) and 26(A)(1) | Delay in filling up casual vacancy arise due to resignation of Whole-time Director, resulting non-compliance in Board Composition. The Board comprised less than six directors as on 31st March, 2026. | NA | NA | Delay in filling up casual vacancy arise due to resignation of Whole-time Director, resulting non-compliance in Board Composition. The Board comprised less than six directors as on 31st March, 2026. | NA | Delay in filling up casual vacancy arise due to resignation of Whole-time Director, resulting non-compliance in Board Composition. The Board comprised less than six directors as on 31st March, 2026. | The Company has appointed Mr. Sunil Patra as the Managing Director of the Company in the Executive category on 19th May, 2026 and has complied with the provisions of Regulation 17(1)(a), 17(1)(c) and 26(A)(1). | N A |
Page 3 of 13
Hemang Satra & Associates
Company Secretaries
375 Vidyut Bldg, D Block, 1st Floor,
Chirabazar, Mumbai - 400002
Mobile: +91-9769848168
Email: [email protected]
| 2. | SEBI Circular dated October 18, 2019 on Resignation of statutory auditors from listed entities and their material subsidiaries | CIR/C FD/C MD1/ 114/20 19 | The erstwhile Statutory Auditors of the Company i.e. M/s. Venkat and Rangaa LLP, Chartered Accountants resigned w.e.f. 25th March, 2026 without giving the audit report for the quarter and year ended 31st March, 2026 which is required as per the circular. However, the audit report was issued by new auditor M/s. A. Raghavendra Rao & Associates, Chartered Accountants appointed by the Board on 26th March, 2026, whose appointment yet to be ratified by the members of the Company. | NA | NA | The erstwhile Statutory Auditors of the Company i.e. M/s. Venkat and Rangaa LLP, Chartered Accountants resigned w.e.f. 25th March, 2026 without giving the audit report for the quarter and year ended 31st March, 2026 which is required as per the circular. However, the audit report was issued by new auditor M/s. A. Raghavendra Rao & Associates, Chartered Accountants appointed by the Board on 26th March, 2026, whose appointment yet to be ratified by the members of the Company. | NA | The erstwhile Statutory Auditors of the Company i.e. M/s. Venkat and Rangaa LLP, Chartered Accountants resigned w.e.f. 25th March, 2026 without giving the audit report for the quarter and year ended 31st March, 2026 which is required as per the circular. However, the audit report was issued by new auditor M/s. A. Raghavendra Rao & Associates, Chartered Accountants appointed by the Board on 26th March, 2026, whose appointment yet to be ratified by the members of the Company. | M/s. Venkat and Rangaa LLP resigned due to constraints relating to audit fees Hence, the management appointed M/s. A. Raghavendra Rao & Associates, Chartered Accountants to conduct the audit for the quarter and year ended 31st March, 2026. | N A |
|---|---|---|---|---|---|---|---|---|---|---|
Page 4 of 13
Hemang Satra & Associates
Company Secretaries
375 Vidyut Bldg, D Block, 1st Floor,
Chirabazar, Mumbai - 400002
Mobile: +91-9769848168
Email: [email protected]
| 3. | SEBI LODR Regulations | Regulation 26(A)(2) | Delay in filling up the vacancy of Chief Financial Officer within three months from the date of such vacancy. | NA | NA | Delay in filling up the vacancy of Chief Financial Officer within three months from the date of such vacancy. | NA | Delay in filling up the vacancy of Chief Financial Officer within three months from the date of such vacancy. | The Company was looking for a suitable candidate for the position of Chief Financial Officer. Mr. Sunil Patra was then appointed as the Chief Financial Officer of the Company on 19th May, 2026. | NA |
|---|---|---|---|---|---|---|---|---|---|---|
| 4. | SEBI LODR Regulations and SEBI Master circular dated 11th November, 2024, | Regulation 30(6) read with Schedule III also read with SEBI Master Circular SEBI/ HO/C FD/Po D2/CI R/P/0 155 | Mr. Rangasami Seshadri (DIN: 00197586) has resigned from the position of Non-Executive Independent Director of the Company with effect from 27th April 2025 due to personal work. Observed delay in submission of resignation to stock exchange within specified timeline. | NA | NA | Mr. Rangasami Seshadri (DIN: 00197586) has resigned from the position of Non-Executive Independent Director of the Company with effect from 27th April 2025 due to personal work. Observed delay in submission of resignation to stock exchange within specified timeline. | NA | Mr. Rangasami Seshadri (DIN: 00197586) has resigned from the position of Non-Executive Independent Director of the Company with effect from 27th April 2025 due to personal work. Observed delay in submission of resignation to stock exchange within specified timeline. | The Company was in receipt of the resignation letter after close of business hours on 28th April 2025. Hence. the Company had duly informed the exchanges within 24 hours on 29th April 2025. | NA |
Page 5 of 13
Hemang Satra & Associates
Company Secretaries
375 Vidyut Bldg, D Block, 1st Floor,
Chirabazar, Mumbai - 400002
Mobile: +91-9769848168
Email: [email protected]
b) The listed entity has taken the following actions to comply with the observations made in previous reports:
| 5. | SEBI LODR Regulations | Regulation 6 | Delay in appointment of Company Secretary and Compliance Officer of the Company within 3 months. | National Stock Exchange of India Limited and BSE Limited | Fine | Delay in appointment of the Company Secretary and Compliance Officer of the Company within 3 months. | BSE - Rs. 2,59,600
NSE - Rs. 8,02,400 | Delay in appointment of Company Secretary and Compliance Officer of the Company within 3 months. | The Company was in the process of looking for a suitable candidate for the position of Company Secretary. Further, the Company had appointed Ms. Sonia Bhimrajka as the Company Secretary and Compliance Officer w.e.f. 27th May, 2025. | N A |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sr. No. | Observations/Remarks of the PCS in the previous reports | Observations made in the secretarial compliance report for the year ended | Compliance Requirement (Regulations/circulars/guidelines including specific clause) | Details of violation/deviations and action taken/penalty imposed, if any, on the listed entity | Remedial actions, if any taken by the listed entity | Comments of the PCS on the actions taken by the listed entity |
| --- | --- | --- | --- | --- | --- | --- |
| 1. | Delay in submission of financial results for the quarter ended June 30, 2024. | For year ended 31st March, 2025.
There has been | Regulation 33 of SEBI LODR Regulations | Delay in submission of financial results for the quarter ended June 30, | The Company has published its financial results for the quarter ended June 30, 2024 on January 22, 2025 and | NA |
Hemang Satra & Associates
Company Secretaries
375 Vidyut Bldg, D Block, 1st Floor,
Chirabazar, Mumbai - 400002
Mobile: +91-9769848168
Email: [email protected]
| delay in publication of financial results, due to which the promoters holding were frozen and the securities of the listed entity were moved to ‘Z’ category (‘BZ’ Series). The Company has partially paid the fine amount as on date | 2024. | paid the fine amount levied by stock exchanges as on date. | ||||
|---|---|---|---|---|---|---|
| 2. | Delay in submission of financial results for the quarter ended September 30, 2024 | For year ended 31st March, 2025. | ||||
| There has been delay in publication of financial results, due to which the promoters holding were frozen and the securities of the listed entity were moved to ‘Z’ category (‘BZ’ Series). The Company has partially paid the fine amount as on date | Regulation 33 of SEBI LODR Regulations | Delay in submission of financial results for the quarter ended September 30, 2024 | The Company has published its financial results for the quarter ended September 30, 2024 on January 22, 2025. and paid the fine amount levied by stock exchanges as on date. | NA |
Page 7 of 13
Hemang Satra & Associates
Company Secretaries
375 Vidyut Bldg, D Block, 1st Floor,
Chirabazar, Mumbai - 400002
Mobile: +91-9769848168
Email: [email protected]
| 3. | Non-compliance w.r.t. appointment of Company Secretary/Compliance Officer | 31st March, 2025 | Regulation 6 of SEBI LODR Regulations | During the review period, the Company has not appointed a Company Secretary/Compliance Officer. However, the Company has appointed a Company Secretary/Compliance Officer on May 27, 2025. Further, the Company has paid the fine levied by stock exchanges amount as on date | The Company has appointed a Company Secretary/ Compliance Officer on May 27, 2025 and paid the fine amount levied by stock exchanges as on date. | NA |
|---|---|---|---|---|---|---|
I) hereby report that, during the review period the compliance status of the listed entity is appended as below:-
| Sr. No | Particulars | Compliance status (Yes/No/NA) | Observations /Remarks by PCS |
|---|---|---|---|
| 1. | Secretarial Standards: | ||
| The compliances of the listed entity are in accordance with the applicable Secretarial Standards (SS) issued by the Institute of Company Secretaries India (ICSI). | Yes | None |
Page 8 of 13
Hemang Satra & Associates
Company Secretaries
375 Vidyut Bldg, D Block, 1st Floor,
Chirabazar, Mumbai - 400002
Mobile: +91-9769848168
Email: [email protected]
| 2. | Adoption and timely updation of the Policies: • All the applicable policies under SEBI regulation are adopted with the approval of board of directors of the listed entities. • All the policies are in conformity with the SEBI Regulations and has been reviewed & timely updated as per the regulations/circulars /guideline issued by SEBI. | Yes
Yes | None |
| --- | --- | --- | --- |
| 3. | Maintenance and disclosures on Website: • The Listed entity is maintaining a functional website • Timely dissemination of the documents/ information under a separate section on the website. • Web-links provided in annual corporate governance reports under Regulation 27(2) are accurate and specific which redirects to the relevant document(s)/ section of the website. | Yes
Yes
Yes | None |
| 4. | Disqualification of Director: None of the Director of the Company are disqualified under Section 164 of Companies Act, 2013 as confirmed by the listed entity. | Yes | None |
| 5. | Details related to Subsidiaries of listed entities have been examined: (a)Identification of material subsidiary companies | NA | None |
Page 9 of 13
Hemang Satra & Associates
Company Secretaries
375 Vidyut Bldg, D Block, 1st Floor,
Chirabazar, Mumbai - 400002
Mobile: +91-9769848168
Email: [email protected]
| (b)Disclosure requirements with respect to disclosure of material as well as other subsidiaries | Yes | The Company has incorporated wholly owned subsidiary during the review period. However, the same is not material subsidiary as per SEBI (LODR) Regulations, 2015. | |
|---|---|---|---|
| 6. | Preservation of Documents: | ||
| The listed entity is preserving and maintaining records as prescribed under SEBI Regulations and disposal of records as per Policy of Preservation of Documents and Archival policy prescribed under SEBI LODR Regulations, 2015. | Yes | None | |
| 7. | Performance Evaluation: | ||
| The listed entity has conducted performance evaluation of the Board, Independent Directors and the Committees at the start of every financial year as prescribed in SEBI Regulations. | Yes | None | |
| 8. | Related Party Transactions: | ||
| (a) The listed entity has obtained prior approval of Audit Committee for all related party transactions | |||
| (b) In case no prior approval obtained, the listed entity shall provide detailed reasons along with confirmation whether the transactions were subsequently | Yes | ||
| NA | The Company has entered into related party transactions during the review period. |
Page 10 of 13
Hemang Satra & Associates
Company Secretaries
375 Vidyut Bldg, D Block, 1st Floor,
Chirabazar, Mumbai - 400002
Mobile: +91-9769848168
Email: [email protected]
| approved/ratified /rejected by the Audit Committee | |||
|---|---|---|---|
| 9. | Disclosure of events or information: | ||
| The listed entity has provided all the required disclosure(s) under Regulation 30 along with Schedule III of SEBI (LODR) Regulations, 2015 within the time limits prescribed thereunder | No | Mr. Rangasami Seshadri (DIN: 00197586) has resigned from the position of Non-Executive Independent Director of the Company with effect from 27th April 2025 due to personal work. The Company was in receipt of the resignation letter after close of business hours on 28th April 2025. Accordingly, the Company filed the requisite disclosure with the Stock Exchanges on 29th April 2025. | |
| 10. | Prohibition of Insider Trading: | ||
| The listed entity is in compliance with Regulation 3(5) & 3(6) SEBI (Prohibition of Insider Trading) Regulations, 2015 | Yes | None | |
| 11. | Actions taken by SEBI or Stock Exchange(s), if any: | ||
| No action(s) has been taken against the listed entity/ its promoters/ directors/ subsidiaries either by SEBI or by Stock Exchanges (including under the Standard Operating Procedures issued by SEBI through various circulars) under SEBI Regulations and circulars/ guidelines issued thereunder. | Yes | The Company has not appointed a Company Secretary/ Compliance Officer. However, the Company has appointed Company Secretary/ Compliance Officer on 27th May, 2025. Further, the Company has paid |
Page 11 of 13
Hemang Satra & Associates
Company Secretaries
375 Vidyut Bldg, D Block, 1st Floor,
Chirabazar, Mumbai - 400002
Mobile: +91-9769848168
Email: [email protected]
| the fine levied by BSE and NSE. | |||
|---|---|---|---|
| 12. | Resignation of statutory auditors from the listed entity or its material subsidiaries: | ||
| In case of resignation of statutory auditor from the listed entity or any of its material subsidiaries during the financial year, the listed entity and / or its material subsidiary(ies) has / have complied with paragraph 6.1 and 6.2 of section V-D of chapter V of the Master Circular on compliance with the provisions of the LODR Regulations by listed entities. | No | The erstwhile Statutory Auditors of the Company i.e. M/s. Venkat and Rangaa LLP, Chartered Accountants resigned w.e.f. 25th March, 2026 without giving the audit report for the quarter and year ended 31st March, 2026 which is required as per the circular. However, the audit report was issued by new auditor A. Raghavendra Rao & Associates, Chartered Accountants appointed by the Board on 26th March, 2026, whose appointment yet to be ratified by the members of the Company. | |
| 13. | Additional Non-compliances, if any: | ||
| No additional non-compliances observed for any SEBI regulation/circular/guidance note etc. except as reported above | NA | None |
I further, report that the listed entity is in compliance/ not in compliance with the disclosure requirements of Employee Benefit Scheme Documents in terms of regulation 46(2)(za) of the LODR Regulations: NA
Page 12 of 13
Hemang Satra & Associates
Company Secretaries
375 Vidyut Bldg, D Block, 1st Floor,
Chirabazar, Mumbai - 400002
Mobile: +91-9769848168
Email: [email protected]
Assumptions & Limitation of scope and Review:
- Compliance of the applicable laws and ensuring the authenticity of documents and information furnished, are the responsibilities of the management of the listed entity.
- My responsibility is to report based upon my examination of relevant documents and information. This is neither an audit nor an expression of opinion.
- I have not verified the correctness and appropriateness of financial records and books of account of the listed entity.
- This report is solely for the intended purpose of compliance in terms of Regulation 24A (2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and is neither an assurance as to the future viability of the listed entity nor of the efficacy or effectiveness with which the management has conducted the affairs of the listed entity.
For Hemang Satra & Associates,
Company Secretaries
HEMANG Digitally signed by HEMANG RAMNIK SATRA
Date: 2026.06.09
16:34:45 +05'00'
Place: Mumbai
Date: 9th June, 2026
UDIN: A054476H000601957
Peer Review No: 5684/2024
Firm Registration No. S2021MH792200
Hemang Satra
Proprietor
M. No.: A54476
C. P. No.: 24235
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