ANNUAL SECRETARIAL COMPLIANCE REPORT FOR YEAR END 31ST MARCH, 2025
Awaiting price reaction for this filing.
KSS Limited, currently undergoing Corporate Insolvency Resolution Process (CIRP), submitted its Annual Secretarial Compliance Report for FY ended March 31, 2025, filed by Practicing Company Secretary Vishal N. Manseta and signed by Resolution Professional Dharmendra Dhelariya. The company complied with several SEBI regulations including website disclosure (Reg 46), financial results (Reg 33), related party transactions (Reg 23), investor grievance statements (Reg 13(3)), share transfer certificates (Reg 40(9)), and compliance officer appointment (Reg 6). However, it failed to comply with multiple key requirements: quarterly shareholding pattern (Reg 31), annual report publication (Reg 34), share capital audit reconciliation (Reg 76), depository certificate (Reg 74(5)), SRC/NRC committee meetings (Reg 19/20), compliance certificate (Reg 7(3)), and maintenance of UPSI entries under PIT Regulations. No penalties, fines, or actions were imposed by SEBI or stock exchanges during the review period.
Multiple regulatory non-compliances, particularly the missing annual report and shareholding pattern submissions, raise governance concerns for shareholders and may delay the CIRP resolution process. Investors should note that operational and compliance responsibilities now rest with the Resolution Professional rather than the company's board.