BSECamex LtdMinimalNeutral
Announced Fri, 30 May · 16:07 IST

Secretarial Compliance Report of Camex Limited for the Financial Year ended 31st March 2025

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AI summary

Camex Limited filed its Annual Secretarial Compliance Report for the financial year ended March 31, 2025, as required under SEBI LODR Regulation 24A, covering compliance with various SEBI regulations. The Practicing Company Secretary noted one non-compliance: the company failed to mention the cessation date of the old Chairperson of the Stakeholder Relationship Committee, Ms. Indra Singvi, in the quarterly Corporate Governance Report for the quarter ended September 30, 2024. BSE issued a show cause notice and imposed a fine of Rs. 37,760 (including GST), but the company provided proper clarification and BSE waived the penalty. A prior non-compliance from FY 2023-24 regarding late submission of financial results (Rs. 2,83,200 fine) was also fully resolved, with the penalty waived by BSE in October 2023 after the company clarified that consolidated financial results were not applicable. The company is broadly compliant across all other areas including secretarial standards, policies, website disclosures, related party transactions, insider trading, and board performance evaluations. No action has been taken by SEBI or stock exchanges against the company, its promoters, directors, or subsidiaries.

Likely market impact

For retail investors, this filing confirms that Camex Limited has maintained overall good corporate governance and regulatory compliance for FY 2024-25. The single minor non-compliance regarding the Stakeholder Relationship Committee was an inadvertent disclosure error that has been fully resolved with the penalty waived, so it has no material financial or governance impact on shareholders.