Annual Secretarial Compliance Report 24 A
AKSHAR · price
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Akshar Spintex Limited submitted its Annual Secretarial Compliance Report for the financial year ended 31 March 2025, prepared by Practicing Company Secretary CS Dipali Natvar Vora of D N Vora & Associates. The company is largely compliant with SEBI regulations, secretarial standards, insider trading norms, related party transaction rules, and website disclosure requirements. However, a fine of Rs. 99,000 was levied for delay in appointing a Company Secretary under Regulation 6(1) of SEBI LODR. Additionally, two Additional Directors appointed on 27 December 2024 were not regularised by shareholders within the 3-month window required under Section 161(1) of the Companies Act, 2013, and e-forms for two other directors appointed on 27 January 2025 have not yet been filed with MCA. The company has no subsidiaries or material related party concerns.
Mostly a routine compliance filing, but the Rs. 99,000 fine and multiple director-related compliance lapses point to weak secretarial governance, which is a mild negative signal for shareholders monitoring corporate hygiene.