Kindly take on your record the enclosed Secretarial Audit Report as per reg 24A of SEBI LODR, 2015.
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Awaiting price reaction for this filing.
Garware Marine Industries Ltd has submitted its annual Secretarial Compliance Report for the financial year ended 31 March 2025, as required under Regulation 24A of SEBI's Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015. The report was issued by Practising Company Secretary Rajkumar R. Tiwari (FCS 4227, CP 2400) on 14 May 2025 and signed off by Company Secretary Pallavi P. Shedge. The Practising Company Secretary examined compliance with SEBI Act, SCRA, and ten specific SEBI regulations including LODR, Takeover, Insider Trading, PFUTP, and Depositories Regulations, and reported that the company has complied with all applicable provisions. Several regulations (Buyback, ESOP, Non-Convertible Securities, Preference Shares, Issue of Capital) were marked Not Applicable as there were no reportable events during the year. No qualifications, penalties, or adverse observations were noted; no SEBI or stock exchange actions were taken against the company, and no statutory auditor resigned.
This is a routine annual regulatory filing with a clean compliance report — no penalties, qualifications, or enforcement actions. For shareholders, this signals that the company has met its SEBI compliance obligations for FY25 without any red flags, but it carries no material business or price implication.