Carraro India Limited has submitted to the Exchange Annual Secretarial Compliance Report for the financial year ended 31st March, 2025.
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Carraro India Ltd submitted its Annual Secretarial Compliance Report for FY 2024-25 to BSE and NSE, as required under SEBI Listing Regulations. The company, which was listed on 30 December 2024 and became a public limited company in August 2024 (formerly Carraro India Private Limited), had this report examined by KANJ & CO. LLP, Practicing Company Secretaries. The review covered compliance with SEBI Act, SCRA, and various SEBI regulations including LODR, Insider Trading, and Depositories. The Practicing Company Secretary flagged that the company needs to strengthen compliance with ICSI Secretarial Standards regarding minutes of Board and Committee meetings, though overall the company was found compliant on all 12 parameters examined.
This is a routine annual compliance filing with no material impact on shareholders. The single observation regarding ICSI Secretarial Standards for meeting minutes is minor and does not indicate any regulatory action or penalty. No SEBI or stock exchange action was taken against the company during the year.