AKI · price
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AKI India Ltd submitted its Annual Secretarial Compliance Report for the financial year ended 31 March 2025, as required under SEBI LODR Regulation 24A. The Practicing Company Secretary flagged two non-compliances during the review period: (1) non-filing of the Annual Disclosures of Large Corporate for FY 2023-24, and (2) non-appointment of a new statutory auditor before expiry of the existing auditor's term, with the appointment of M/s R K Paramarthi & Co. (FRN: 00112IC) noted. The management attributed the delays to oversight and committed to timely compliance in future. The report also confirmed that prior-year observations (delays in Q2 FY24 financial results and annual report submissions, which attracted fines of Rs. 41,300 and Rs. 47,200) have been remediated. Overall, the company is compliant with secretarial standards, board policies, related party transaction approvals, insider trading norms, and website disclosures.
Minor governance lapses flagged but no fresh SEBI or exchange action has been initiated. For shareholders, this is a routine compliance disclosure with limited price impact, though repeated delays in filings and auditor appointments reflect weak compliance discipline that investors should track.