IRMENERGYBSEIRM Energy LtdMinimalNeutral
Announced Mon, 26 May · 15:39 IST

Please find attached herewith disclosure of Annual Secretarial Compliance Report for the year ended March 31, 2025 in term of regulation 24(A) of SEBI (LODR) Regulations, 2015

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

IRM Energy Limited has filed its Annual Secretarial Compliance Report for the financial year ended March 31, 2025, as required under SEBI LODR Regulations. The report, issued by M/s M. C. Gupta & Co., Company Secretaries, confirms overall compliance with SEBI regulations, secretarial standards, and corporate governance norms. One non-compliance was flagged: a 55-day delay in appointing a Woman Independent Director under Regulation 17(1) of SEBI LODR Regulations, as the company could not finalize a suitable candidate in time. The company paid a fine of Rs. 3,24,500 (including GST) to each of BSE and NSE for this delay, and the appointment has since been made. No other material non-compliances or regulatory actions were reported during the year.

Likely market impact

For shareholders, this is a routine regulatory filing that confirms the company is largely compliant with listing requirements. The lone blemish — a delayed Woman Independent Director appointment — has already been resolved and penalised (total fine ~Rs. 6.49 lakh including GST), so the financial and reputational impact is minor and already in the past. No material effect on the stock is expected from this disclosure.