Please find attached Annual Compliance Report under regulation 24A of the SEBI (LODR) Regulation for the financial year ended 31st March 2025.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Asian Tea & Exports Ltd has filed its Annual Secretarial Compliance Report for FY 2024-25, certifying overall compliance with SEBI LODR Regulations. The report, issued by Practicing Company Secretary Puja Pujari, confirms compliance on secretarial standards, board composition, related party transactions, insider trading, and website disclosures, with no actions taken by SEBI or stock exchanges during the review period. Two minor items remain 'in process': a special contingency insurance policy and a Suspense Escrow Demat Account. The report notes a preferential issue of 49,41,800 shares allotted on 15 February 2025 for which BSE in-principle approval was received but trading approval is still pending, leaving these shares held in physical form. Annexure A references two prior BSE fines totalling Rs. 4.50 lakh — Rs. 10,000 for delayed related party transaction disclosure (waived by BSE) and Rs. 4,40,000 for board composition non-compliance in Q4 FY23 (no waiver received).
This is a routine annual compliance submission with no fresh regulatory action against the company, which is reassuring for shareholders. However, the pending trading approval for ~49.4 lakh newly allotted shares means these shares remain illiquid in physical form and could create an overhang or supply event once trading permission is granted.