CHEMCON · price
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Awaiting price reaction for this filing.
Chemcon Speciality Chemicals has filed its Annual Secretarial Compliance Report for the financial year ended March 31, 2025, prepared by Rathod & Co., Practicing Company Secretaries, as required under SEBI Regulation 24A. For the current review period (FY 2024-25), the company is fully compliant with all applicable SEBI regulations covering listing obligations, insider trading, related party transactions, disclosures, and corporate governance. The report also discloses a past non-compliance from FY 2023-24, where two Independent Directors resigned in May and June 2023, and the company took more than three months to appoint replacements, resulting in fines of Rs. 12.5 lakh plus GST from NSE and BSE. The company has since paid the fines and appointed two new Independent Directors on December 16, 2023, fully rectifying the earlier lapse. No new violations or actions by SEBI or stock exchanges were reported for FY25.
This is a routine annual compliance filing confirming the company met all SEBI regulatory requirements during FY25, with the prior governance lapse already resolved through fines paid and new director appointments. For shareholders, there is no immediate price-moving impact, though it reflects positively on the company's current governance standing.