Annual Secretarial Compliance Report for the Financial Year ended 31st March, 2025 is attached
ELECON · price
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Elecon Engineering Company has submitted its Annual Secretarial Compliance Report for the financial year ended March 31, 2025, as mandated under SEBI's Listing Regulations. The report, prepared by M/s. Samdani Shah & Kabra, Company Secretaries, confirms the company has largely complied with all applicable SEBI regulations during the review period. One minor deviation was identified: the company delayed disclosing its application for re-classification of a promoter to public status by 3 days (submitted to exchanges on July 18, 2024, but disclosed on July 22, 2024). Both NSE and BSE issued advisory remarks urging timely and accurate disclosures in future, though no monetary fine was imposed. The company has confirmed it will ensure timely disclosures henceforth. All other compliance areas — including board evaluations, related party transactions, insider trading norms, website maintenance, and document preservation — were marked as fully compliant.
This is a routine annual regulatory filing with only a minor procedural lapse (a 3-day disclosure delay) that drew only advisory caution from the stock exchanges with no financial penalty. No material action was taken against the company, its promoters, or directors by SEBI or the exchanges. Shareholders are unlikely to see any meaningful impact on the stock from this filing.