Annual Secretarial Compliance Report for the year ended March 31, 2025
Awaiting price reaction for this filing.
Tulsi Extrusions Limited submitted its Annual Secretarial Compliance Report for FY2024-25, prepared by M/s. Vinod Kumar & Associates, Practicing Company Secretary, as required under SEBI LODR Regulation 24A. The report confirms the company has complied with most SEBI regulations, with no penalties, fines, or actions taken by SEBI or stock exchanges during the review period. However, Secretarial Standards compliance is marked 'No' due to a pending NCLT Mumbai application relating to listing of fresh shares and extinguishment of existing shares. The company also has an ongoing waiver request with CDSL, NSDL and the RTA seeking relief from fees/interest for the CIRP/Liquidation period up to December 31, 2021, which is preventing depositories from sharing data needed for full compliance disclosures.
Shareholders should note the pending NCLT matter, which could change the share structure once resolved, and the legacy CIRP/Liquidation issues that continue to affect timely compliance reporting. While there are no financial penalties, the 'No' on Secretarial Standards compliance is a governance flag that investors should monitor.