Pursuant to Regulation 24A of the SEBI (LODR) Regulations, 2015, please find enclosed Annual Secretarial Compliance Report dated May 29, 2025, for the financial year ended March 31, 2025, ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Colorchips New Media Ltd (formerly Millitoons Entertainment Ltd) filed its Annual Secretarial Compliance Report for FY 2024-25 on May 29, 2025, certifying compliance with SEBI LODR Regulations. The Practicing Company Secretary identified 5 instances of non-compliance during the year, for which BSE levied total fines of approximately Rs. 3.24 lakh — including Rs. 1,65,200 for non-compliance with constitution of Nomination and Remuneration Committee (Reg 19), Rs. 92,040 for 50-day delay in submitting shareholding pattern (Reg 31), Rs. 36,580 for 2-day delay in appointing Compliance Officer (Reg 6), Rs. 16,520 for 8-day delay in Corporate Governance Report (Reg 27), and Rs. 11,800 for delay in prior intimation of board meeting (Reg 29). The company has paid all fines, taken corrective steps, and appointed Ms. Pooja Upmanyu as Company Secretary and Compliance Officer during the period. The entity is otherwise compliant with secretarial standards, insider trading rules, related party transaction norms, and disclosure requirements.
Multiple governance lapses and regulatory fines signal weak compliance discipline, which may concern governance-focused investors, though the company has remediated by paying penalties and appointing the required officers. The relatively small fine amounts suggest minor procedural delays rather than substantive violations.