Annual Secretarial Compliance Report for the year ended March 31, 2025 as per Regulation 24A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Awaiting price reaction for this filing.
SBI Cards has filed its Annual Secretarial Compliance Report for FY2024-25, as required under SEBI's Listing Regulations. The report, prepared by Agarwal S. & Associates (Company Secretaries), confirms that the company has fully complied with all applicable SEBI regulations during the year, with no deviations or penalties reported. All key compliance areas — secretarial standards, insider trading, related party transactions, website disclosures, director eligibility, document preservation, and performance evaluation — are marked as compliant. During the year, joint statutory auditor M/s APRA & Associates LLP vacated office on October 11, 2024 per a CAG directive, and M/s V.K. Dhingra & Co. was appointed as the new Joint Statutory Auditor from October 15, 2024. No action was taken against the company or its promoters/directors by SEBI or the stock exchanges during the period.
This is a routine compliance filing with no adverse findings, confirming SBI Cards is in good regulatory standing for FY2024-25. There is no negative signal for shareholders — the clean report reinforces governance compliance but typically has no material impact on stock price.