Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Danube Industries has submitted its annual Secretarial Compliance Report for FY2024-25, prepared by Krushang Shah & Associates, Practicing Company Secretary. While most compliance areas (secretarial standards, policies, website disclosures, director disqualification, related party transactions, insider trading) were marked compliant, several non-compliances were flagged. The company faced BSE fines totaling about Rs. 2.80 lakh for: delayed submission of the September 2024 shareholding pattern (Rs. 14,000), Audit Committee lacking 2/3 independent directors in the June 2024 quarter (Rs. 82,000), and the Nomination & Remuneration Committee falling short of the 2/3 independent director requirement between June 23 and July 1, 2024 (Rs. 1.84 lakh). The shortfall was caused by the resignation of Mrs. Shivani Joshi and was later fixed by appointing Mrs. Mayura Marathe, though her appointment was not intimated to the stock exchange. There was also a minor delay in capturing information in the insider trading digital database.
This is a routine annual regulatory filing rather than material business news, but it reveals governance lapses that resulted in exchange fines. Shareholders should note the committee composition issues have since been rectified, and no SEBI actions or director disqualifications were found.