Annual Secretarial Compliance Report for the Financial Year 2024-25
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Selan Exploration Technology Limited has submitted its Annual Secretarial Compliance Report for the financial year ended 31 March 2025 to both BSE (scrip code 530075) and NSE (SELAN) on 28 May 2025. The report was prepared by Nityanand Singh & Co., Company Secretaries, who reviewed the company's compliance with SEBI regulations, circulars, and listing obligations. The company is largely compliant, with all required policies in place, no disqualified directors, no subsidiaries, and no actions taken against it by SEBI or stock exchanges during the review period. One minor non-compliance was flagged: a delay in filing the Corporate Governance utility under Regulation 27(2) of SEBI LODR Regulations using the older format, though the Integrated Governance Report itself was filed within prescribed timelines and no penalty was levied. The statutory auditor M/s. V. Sankar Aiyar & Co. continues for its five-year term.
This is a routine annual compliance filing with only a minor procedural lapse that attracted no penalty, so it is unlikely to affect shareholder value or the stock price. It reinforces that the company maintains adequate governance and compliance mechanisms.