Annual Secretarial Compliance report for the year ended March 31, 2025
COROMANDEL · price
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Coromandel International has submitted its Annual Secretarial Compliance Report for FY25, certified by R Sridharan & Associates, Practicing Company Secretaries. The report confirms that the company has fully complied with all applicable SEBI regulations, circulars, and guidelines during the year under review, with no new deviations or non-compliance observations. Separately, the report discloses the status of a prior-year issue: a two-day gap in March 2024 between the retirement of Independent Director Mr. Sumit Bose and the appointment of Mr. Suresh Subramanian led to a fine of Rs. 10,000 plus GST each from BSE and NSE, which the company has already paid. The company clarified that no board or committee meetings were held during the two-day gap, so governance was not impacted.
This is a routine annual compliance filing and does not signal any material business or governance concern. Investors can take comfort that the company is in good standing on regulatory and corporate governance requirements.