In terms of Regulation 24A of SEBI LODR Regulations, 2015, we enclosed herewith Annual Secretarial Compliance Report for FY 2024-25 issued by Aashish K. Bhatt & Associates
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Aadhar Housing Finance Limited has submitted its Annual Secretarial Compliance Report for FY 2024-25, filed under Regulation 24A of SEBI LODR Regulations. The report, issued by M/s. Aashish K. Bhatt & Associates, confirms that the company is largely compliant with SEBI regulations, listing rules, and secretarial standards for the year ended 31st March, 2025. Two minor non-compliances were flagged in Annexure A: (1) a Stakeholder Relationship Committee composition issue caused by the completion of an Independent Director's term, which led to fines of Rs. 23,000 by BSE and Rs. 46,000 by NSE — both later fully waived by the exchanges upon the company's application; and (2) a one-day delay in record date intimation for an interest payment on ISIN INE883F07215, attracting a Rs. 10,000 fine from BSE that was duly paid. A prior-year observation about a delayed board meeting intimation was addressed through stronger internal SOPs, with no repeat instances during the year.
This is a routine annual compliance disclosure with no material effect on the stock. The flagged non-compliances are minor and procedural, with penalties either paid or waived, indicating no significant ongoing regulatory risk for shareholders.