Annual Secretarial Compliance Report for the year 31/03/2025
Awaiting price reaction for this filing.
Prabhav Industries Ltd has submitted its Annual Secretarial Compliance Report for FY2024-25 to BSE (Scrip Code: 538855), certified by Practicing Company Secretary Chirag Jain of M/s JCA & Co. The report confirms general compliance with SEBI regulations, including the SEBI Act, SCRA, Listing Obligations, Insider Trading, and other applicable rules. Some observations were noted: certain ROC, BSE, and SEBI forms were not filed within the due time, and the company's website was not timely updated with required documents under a separate section. The statutory auditor M/s Mohandas & Co resigned on 12 November 2024, and M/s K.S. Subrahmanya & Co was appointed to fill the casual vacancy until the next AGM.
This is a routine annual compliance submission with no penalties or SEBI actions against the company. The noted filing delays and website gaps are minor observations, though investors may want to track whether they get rectified. The mid-year auditor change is worth noting but appears properly handled under SEBI's auditor resignation circular.