Annual Secretarial Compliance Report FY 2024-25
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Awaiting price reaction for this filing.
Divyashakti Limited filed its Annual Secretarial Compliance Report for the financial year ended 31st March 2025 with BSE, as required under Regulation 24A of SEBI's Listing Regulations. A Practicing Company Secretary (Puttaparthi Jagannatham & Co.) reviewed the company's compliance with applicable SEBI regulations, including LODR, Insider Trading, and related provisions, and found no new non-compliances during the review period. The report addressed three prior-year (FY 2023-24) observations related to delayed disclosure of KMP appointments, an incomplete Company Secretary resignation filing, and delayed Independent Director appointment disclosures — all of which were subsequently rectified by the company. The company also received BSE approval for reclassification of certain shareholders from 'Promoter Category' to 'Public Shareholding Category – Non-Resident Individuals' under Regulation 31A. No penalties, fines, or actions were taken by SEBI or stock exchanges during the period.
This is a routine annual compliance filing and is largely procedural. A clean report with no new observations or regulatory action is a mild positive for governance but is unlikely to have any material impact on the stock price.