Annual Secretarial Compliance Report - 31 March 2025
Awaiting price reaction for this filing.
Page Industries Limited submitted its Annual Secretarial Compliance Report for FY ended 31 March 2025, certified by Practicing Company Secretary R. Vijayakumar. The report confirms overall compliance with SEBI regulations, including the Listing Obligations and Disclosure Requirements Regulations, 2015. One minor deviation was noted: the company filed its half-yearly related party transaction disclosure (for the period ended 30 September 2024) with a one-day delay, for which BSE and NSE each levied a fine of Rs. 5,000 plus GST (Rs. 5,900 each, totalling Rs. 11,800). The fines were duly paid, and the company has applied for a waiver citing a technical snag. The Board has taken note and advised stricter compliance going forward. All other compliance areas — Secretarial Standards, policies, website disclosures, director eligibility, insider trading norms, and related party approvals — were found to be in order.
The filing is a routine annual compliance disclosure with only a minor one-day filing delay resulting in small penalties. No material governance red flags were flagged, and the company's compliance record is otherwise clean. The impact on shareholders is negligible.