Please find enclosed herewith Annual Secretarial Compliance Report of the Company pursuant to Regulation 24A of the SEBI (Listing Obligation & Disclosures Requirements) Regulations, 2015 ....
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Abhinav Capital Services Limited submitted its Annual Secretarial Compliance Report for the financial year ending 31st March 2025, reviewed by practicing company secretary D G Prajapati & Associates. BSE imposed two penalties totaling Rs. 1,04,000 — Rs. 18,000 for not having a Nomination & Remuneration Committee (Regulation 19) and Rs. 86,000 for not having a Stakeholder Relationship Committee (Regulation 20). The company has since constituted both committees and filed waiver applications with the stock exchange. All other compliance areas — including insider trading, related party transactions, website disclosures, director qualifications, and SEBI policies — were found to be in order. The company has no subsidiaries and no auditor resignations were reported during the year.
Minor governance penalty of Rs. 1.04 lakh from BSE for missing board committees has already been addressed by the company, which has now formed the required committees and applied for a waiver. For shareholders, this is a routine annual compliance filing with no material impact on operations or stock price, though it signals past lapses in board governance that have since been corrected.