Annual SDD Compliance Certificate for FY 2025-26
Awaiting price reaction for this filing.
Girnar Spintex Industries Limited has submitted its annual Structured Digital Database (SDD) compliance certificate for FY 2025-26, certified by Practicing Company Secretary Shrenik Nagaonkar & Associates. The certificate confirms the company maintained a compliant SDD system covering all insider trading prevention requirements, including controlled access, UPSI capture, audit trails, and tamper-proof 8-year record retention. Seven events were required to be captured during the year and all seven were recorded. The company noted that despite filing the same certificate last year, the BSE's 'SDD Non-Compliant' tag has not yet been removed, and has requested its removal.
The clean compliance certificate removes a regulatory concern and shows the company is meeting SEBI insider trading norms. However, the unresolved non-compliant tag from BSE suggests a procedural delay rather than a substantive violation. This filing is neutral to slightly positive for shareholders as it affirms good governance practices.