Please find enclosed the copy of the Annual Secretarial Compliance report dated 16th May 2025 issued by Mr. V Mahesh & Associates, practicing company secretary for the financial year 2025.
ESABINDIA · price
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Esab India Ltd has submitted its Annual Secretarial Compliance Report for the financial year ended 31 March 2025 to BSE and NSE. The report, prepared by V. Mahesh & Associates (Practicing Company Secretaries), confirms that the company has complied with SEBI LODR Regulations, insider trading rules, secretarial standards, and other applicable SEBI regulations, with no deviations or penalties reported. All required policies are adopted and updated on time, the website is functional with timely disclosures, and there are no director disqualifications or subsidiary-related issues. One administrative warning was issued by SEBI on 7 March 2025 for not providing certain disclosures on Related Party Transactions placed before shareholders at the AGM held on 10 August 2023; the company had already responded with a clarification letter dated 10 March 2025 and committed to tabling the response at the May 2025 Board and Audit Committee meetings.
This is a routine annual compliance filing indicating the company is in good regulatory standing with no material non-compliance or penalties. The SEBI administrative warning relates to an old RPT disclosure issue from 2023 and has already been addressed by management, so it is unlikely to have any meaningful impact on the stock or shareholders.