Cupid Limited is hereby informing BSE about Annual Secretarial Compliance Report for FY 2024-2025.
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Cupid Limited has submitted its Annual Secretarial Compliance Report for the financial year ended 31st March 2025, as required under SEBI's listing regulations. The report, certified by Practicing Company Secretary Shailesh Kachalia, confirms that the company has largely complied with applicable SEBI regulations and secretarial standards during the year. One notable exception was the delayed disclosure of three court orders (dated December 2023 and March 2024) under Regulation 30(2), which the company later disclosed in August 2024. SEBI passed a Settlement Order on 20 December 2024, and the company paid a settlement amount of INR 19,51,300 to close the matter. Previous penalties imposed by BSE and NSE for delay in implementing a bonus issue were also paid during the year. No statutory auditor resigned during FY 2024-25, and 11 insider trading events were properly recorded.
This is a routine annual compliance filing with no material new impact on shareholders. The disclosed SEBI settlement of about ₹19.51 lakh for a past disclosure delay is a minor governance flag but has already been settled and closed, so it should not affect the stock price materially.