COMSYNBSECommercial Syn Bags LtdMinimalNeutral
Announced Wed, 28 May · 14:34 IST

We hereby submit the Annual secretarial Compliance report for the year ended 31st March, 2025

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Commercial Syn Bags Ltd has submitted its Annual Secretarial Compliance Report for the financial year ended 31 March 2025, as required under SEBI's Listing Regulations. A practicing company secretary reviewed the company's filings with BSE and NSE and confirmed compliance with most SEBI regulations including Listing Obligations, Insider Trading norms, and Secretarial Standards. A minor observation was noted: in certain instances, the company did not make required entries of Unpublished Price Sensitive Information (UPSI) in the SDD software under insider trading rules. The statutory auditor M/s Avinash Agrawal & Co. completed its tenure after the 40th AGM on 30 September 2024, and M/s Ashok Kumar Agarwal, Chartered Accountants was appointed as the new statutory auditor for a 5-year term. No action was taken by SEBI or stock exchanges against the company during the period.

Likely market impact

This is a routine annual compliance filing with no material adverse findings. The minor UPSI/SDD software observation could be a minor governance flag, but no penalty or SEBI action has been initiated. Shareholders should note the change in statutory auditor but it appears to be a routine rotation with no negative implications.