Annual Compliance Report for the year ended 31st March 2025
CELEBRITY · price
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Celebrity Fashions Limited has submitted its Annual Secretarial Compliance Report for FY 2024-25, prepared by BP & Associates, Practicing Company Secretaries, as required under SEBI LODR Regulation 24A. The report confirms that the company is broadly compliant with SEBI regulations, secretarial standards, insider trading rules, and disclosure requirements, with no actions taken against it by SEBI or stock exchanges during the year. One past non-compliance was flagged: a delay in giving prior intimation under Regulation 29(3) for a Board meeting held on 22 March 2024 regarding the redemption of 50,20,900 Cumulative Redeemable Preference Shares of Rs. 10 each. The stock exchanges levied a fine of around Rs. 10,000, and the company paid approximately Rs. 11,800 (including taxes) as penalty on 28 May 2024, noting the delay was unintentional since the original redemption date (31 March 2024) was a bank holiday.
Routine annual compliance filing with no major red flags — the only issue was a minor, already-resolved procedural lapse from FY24 with a small fine paid. Investors are unlikely to see any material impact on the stock price.