Annual Compliance Audit Status
Last updated: August 19, 2026
Disclosure with respect to compliance with the annual compliance audit requirement under Regulation 19(3) of the SEBI (Investment Advisers) Regulations, 2013 for the last and current financial years:
| Sr. No. | Financial Year | Compliance Audit Status | Remarks / Adverse observations, if any | Action taken |
|---|---|---|---|---|
| 1 | FY 2020–21 | Conducted | — | — |
| 2 | FY 2021–22 | Conducted | — | — |
| 3 | FY 2022–23 | Conducted | IA is required to obtain approval for change in shareholding effected in 2020–21. | The necessary intimation was made and the approval obtained; the observation stands closed. |
| 4 | FY 2023–24 | Conducted | — | — |
| 5 | FY 2024–25 | Conducted | 1. Disclaimer in respect of disciplinary history, affiliations with other intermediaries,
holdings or positions, conflicts of interest, and use of AI/ML. 2. In certain cases, IA is required to communicate MITC to its clients and obtain their consent. 3. IA has deposited ₹2 lakhs as against the applicable requirement of ₹5 lakhs. |
1. There are no adverse disclosures in respect of disciplinary actions, affiliations, holdings,
conflicts of interest etc.; the disclosures have been incorporated irrespective of whether they are
adverse or not (see Disclosures). 2. MITC is being communicated to the said clients and their consent obtained. 3. The additional deposit of ₹3 lakhs has since been completed; the deposit requirement of ₹5 lakhs stands fully complied with. Action Taken Report submitted to BSE; revised ATR filed on June 16, 2026 pursuant to the Exchange’s query. No further queries outstanding. |
| 6 | FY 2025–26 | Under way | Auditor engaged; audit to be completed within the prescribed timeline (six months from the end of the financial year, i.e., by September 30, 2026). The annual client-level segregation compliance certificate under Regulation 22 is being obtained as part of the same engagement. | — |
Signed copies of the annual compliance audit reports are available on request — write to hereforyou@paterson.co.in.