Annual Secretarial Compliance Report for the financial year ended 31st March, 2025
INOXWIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Inox Wind has filed its Annual Secretarial Compliance Report for FY 2024-25, prepared by M/s J. K. Gupta & Associates. The company was largely compliant with SEBI LODR regulations, but three instances of non-compliance were flagged. First, a delay under Regulation 17(1) led to fines of Rs 4,18,900 each from NSE and BSE, which the company has since paid. Second, there was a one-day delay in intimating stock exchanges about an analyst/investor meet schedule, resulting in cautionary emails. Third, SEBI issued an administrative warning letter dated 26 March 2025 regarding related party voting on a Rs 400 crore 0.01% NCPRPS issue to its promoter Inox Wind Energy, approved at the 29 September 2023 AGM. The company has disclosed all these actions and stated it has made the defaults good.
These are routine compliance disclosures, but the SEBI warning on related party voting and the cumulative fines signal lapses in governance and disclosure timing. While amounts are small, repeated compliance issues could affect investor confidence and draw closer regulatory scrutiny.