In terms of Regulation 24A of the SEBI Listing Regulations read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, we are submitting herewith the Annual ....
Awaiting price reaction for this filing.
HFCL Limited has submitted its Annual Secretarial Compliance Report for the financial year ended March 31, 2025, as required under SEBI Regulation 24A. The report, certified by Practising Company Secretary CS Baldev Singh Kashtwal, confirms that the company complied with applicable SEBI regulations, secretarial standards, and listing requirements during the review period. All 12 key compliance areas, including insider trading norms, related party transactions, event disclosures, and director eligibility, were marked as compliant. The only past deviation noted was a 4-day delay in submitting a trading approval application to BSE in FY24, for which a fine of Rs 80,000 was paid on April 2, 2024, and the issue has since been resolved. No actions were taken by SEBI or stock exchanges against the company, its promoters, or directors during FY25.
This is a routine annual compliance filing with no new adverse observations, which is mildly positive for shareholder confidence as it confirms good governance. It is unlikely to have any material impact on the stock price.