Equitas Small Financed Bank Limited has informed the exchange regarding annual secretarial compliance report for the FY 2024-25.
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Equitas Small Finance Bank has submitted its Annual Secretarial Compliance Report for the financial year ended March 31, 2025, as required under SEBI's Listing Regulations. The report was issued by Shanmugam Rajendran & Associates LLP, a firm of Practicing Company Secretaries, after reviewing the bank's compliance with applicable SEBI regulations, the Companies Act, and secretarial standards. The auditor found NIL observations or non-compliances across all 13 areas reviewed, including insider trading, related party transactions, website disclosures, and director disqualification checks. No penalties, fines, or corrective actions were reported, and no actions were taken by SEBI or stock exchanges against the bank during the year.
This is a routine annual compliance filing confirming the bank has a clean record on corporate governance and SEBI regulations for FY 2024-25, with no penalties or adverse findings — a neutral, mildly positive signal for shareholders regarding governance quality.