Annual Secretarial Compliance Report for the financial year ended 31.03.2025
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Garg Furnace Ltd has submitted its Annual Secretarial Compliance Report for the financial year ended 31 March 2025, as required under SEBI's Listing Regulations. The report was prepared by PDM & Associates (Practicing Company Secretary, peer-reviewed) after reviewing the company's filings, website, and records. All 14 compliance checkpoints — including secretarial standards, board policies, website disclosures, director qualifications, related party transactions, insider trading rules, and event disclosures — were marked as fully compliant. No deviations or penalties were reported, and no action was taken by SEBI or the stock exchanges against the company, its promoters, or directors during the year. The company has no material subsidiaries, no ESOP scheme, and no statutory auditor resignation to report.
This is a routine annual compliance filing with no negative observations, fines, or regulatory actions. For shareholders, it confirms the company met all SEBI listing and governance requirements for FY25, which is a neutral-to-positive governance signal but unlikely to move the stock price on its own.