Annual Secretarial Compliance Report for the FY 2024-25
INDBANK · price
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Indbank Merchant Banking Services Ltd, a subsidiary of Indian Bank, has submitted its Annual Secretarial Compliance Report for the financial year ended March 31, 2025, filed with both BSE (Scrip Code: 511473) and NSE (Scrip Code: INDBANK) on May 29, 2025. The report, prepared by SPNP & Associates (Practising Company Secretaries), confirms that the company is fully compliant with all applicable SEBI regulations, including the SEBI Act 1992, SCRA 1956, Insider Trading Regulations 2015, and LODR Regulations 2015. No observations, deviations, or non-compliances were flagged across any of the 13 areas reviewed, covering secretarial standards, director disqualification, related party transactions, website disclosures, and insider trading. Certain regulations (Buyback, Takeover, Share-Based Employee Benefits, Non-Convertible Securities) were marked as 'Not Applicable' during the review period. No actions were taken against the company by SEBI or the stock exchanges, and there was no statutory auditor resignation.
This is a routine annual compliance filing with no negative findings, indicating clean regulatory standing. For shareholders, it confirms the company met all listing and corporate governance requirements for FY25, with no penalties or regulatory action.