Pursuant to Regulation 24A of SEBI (LODR) Regulations, 2015 forwarding the Annual Secretarial Compliance Report for the year 31/03/2025
INSPIRISYS · price
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Inspirisys Solutions Limited has submitted its Annual Secretarial Compliance Report for the financial year ended March 31, 2025, as required under SEBI's Listing Regulations. The Practicing Company Secretary (M. Alagar & Associates) reviewed the company's filings and confirmed full compliance with applicable SEBI regulations, secretarial standards, insider trading rules, and corporate governance norms. No actions were taken by SEBI or stock exchanges against the company, its promoters, or directors during the year. Two wholly-owned subsidiaries were closed: Inspirisys Solutions IT Resources Limited (ISITRL) was struck off from the Registrar of Companies effective January 30, 2025, and Inspirisys Solutions DMCC (ISDMCC) was dissolved effective May 05, 2025. All related party transactions had prior audit committee approval, and no statutory auditor resignations occurred during the year.
This is a routine regulatory filing confirming clean compliance for the year, with no negative observations. For shareholders, the notable takeaway is the wind-down of two wholly-owned subsidiaries, which could streamline the company's structure but may involve one-time accounting effects. No direct impact on stock price is expected.