Annual Secretarial Compliance Report for the Financial Year ended 31st March, 2025
IKIO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
IKIO Technologies has filed its Annual Secretarial Compliance Report for FY25 (ended 31 March 2025) with BSE and NSE, as required under SEBI LODR Regulation 24A. The report, issued by Mehak Gupta & Associates, Company Secretaries, confirms overall compliance with SEBI regulations, Secretarial Standards, and corporate governance norms. Minor non-compliances were noted: a 1-day delay in filing Related Party Transaction (RPT) disclosures under Regulation 23(9) for both H2 FY24 and H1 FY25, attributed to NSE XBRL portal technical glitches and submission on a non-working Saturday. NSE levied fines for these delays, which the company has paid along with filing waiver applications. A prior fine from Q2 FY24 (quarter ending Sept 2023) has also been paid, with the waiver still under process. Additionally, the company disclosed a GST Authority summons on 16 September 2024 regarding Input Tax Credit claimed on IPO expenses, with the matter still under examination. The company has 2 material subsidiaries (Royalux Lighting and Royalux Exports) and 4 other subsidiaries.
These are procedural, administrative lapses with no impact on business operations or financials. The pending GST matter and unresolved waiver applications are minor regulatory overhangs but not material risks for shareholders.