Submission of Annual Secretarial Compliance Certificate for the financial year ended 31st March 2025
BIMETAL · price
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Bimetal Bearings Limited has submitted its Annual Secretarial Compliance Report to BSE for the financial year ended 31st March 2025, as required under SEBI (LODR) Regulations. The report was issued by KSR & Co Company Secretaries LLP after reviewing the company's filings, website, and compliance records. During the review period, the company is reported to have complied with all applicable SEBI regulations, secretarial standards, and listing requirements, with no penalties or actions taken by SEBI or stock exchanges. Two observations from previous years were noted — delayed processing of share transmission requests beyond seven days under Regulation 40(3) and delayed submission of duplicate certificate information under Regulation 39(3) — though the company has since taken steps to avoid recurrence.
This is a routine annual compliance filing with no material adverse findings for the current year. No new penalties, fines, or regulatory actions were reported, suggesting stable governance. The two old observations are minor procedural lapses that appear to have been addressed, with minimal expected impact on shareholders or stock price.