Annual Secretarial Compliance Report for the financial year ended 31st March, 2025
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Gourmet Gateway India Ltd (formerly Intellivate Capital Ventures Ltd) filed its Annual Secretarial Compliance Report for FY2024-25 as required under SEBI LODR Regulation 24A. The Practicing Company Secretary confirmed broad compliance, but flagged three delays: late submission of the Annual Report (BSE levied an SOP fine of Rs. 11,800 which has been paid), late intimation of a change in directors, and late intimation of an amendment to MOA/AOA, the latter two attributed to technical portal errors. This is a repeat of last year's issue, where a similar delay in Annual Report submission led to a Rs. 14,160 BSE fine that was settled in November 2023. Separately, the report disclosed that the Enforcement Directorate (Gurugram Zonal Office) has provisionally attached the company's 61,85,051 shares (Rs. 10 face value) in Boutonniere Hospitality Private Limited under Order No. 09/2024, and the company has filed an appeal before the Adjudicating Authority for de-freezing these assets.
While mostly routine, two items matter for shareholders: the recurring Annual Report filing delays suggest weak compliance discipline, and the ED attachment of shares in Boutonniere Hospitality Private Limited points to an ongoing enforcement matter that could affect the company's investment value if the appeal does not succeed.