Annual Secretarial Compliance under Regulation 24(A)

IG Petrochemicals has submitted its Annual Secretarial Compliance Report for FY25, certified by Makarand M. Joshi & Co., Practicing Company Secretaries, as required under SEBI Regulation 24A. The company is broadly compliant with SEBI LODR regulations, secretarial standards, insider trading norms, related party transaction rules, and event disclosure requirements. Two minor lapses were flagged in Annexure A: (1) the Risk Management Committee had only 2 members instead of the required minimum 3 (with one independent director) from April 1 to May 21, 2024, for which BSE and NSE levied a fine of Rs. 1,02,000 plus GST and the company applied for waiver; (2) a delay in submitting the Q1FY25 investor complaints statement to NSE led to a Rs. 4,000 plus GST fine, which was paid and subsequently waived by NSE. No actions were taken against the company's directors or promoters, and no director was disqualified under Section 164 of the Companies Act, 2013.