Pursuant to Regulation 24A of SEBI LODR 2015, submission of Annual Secretarial Compliance Certificate for March 31, 2025
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Jagsonpal Finance & Leasing Limited has filed its Annual Secretarial Compliance Report (ASCR) for the financial year ended March 31, 2025, as required under Regulation 24A of SEBI's Listing Obligations and Disclosure Requirements (LODR) Regulations. The report, issued by practicing company secretary Pooja Sawarkar of M/s Pooja Sawarkar & Associates, confirms that the company has complied with applicable SEBI regulations, including the SEBI Act, SCRR, LODR, Insider Trading, and Prohibition of Insider Trading Regulations. A previously flagged non-compliance regarding the constitution of the Nomination and Remuneration Committee (NRC) has been resolved. A small fine was imposed by BSE for a past late filing of the Corporate Governance report, which has since been paid and the compliance issue addressed. The report also notes a change in statutory auditors (M/s K G C & Co resigned following a change in management and a Share Purchase Agreement), with the limited review report for the half-year ended September 30, 2024 issued on October 10, 2024. No actions have been taken by SEBI or stock exchanges against the company, its promoters, directors, or subsidiaries during the review period.
This is a routine annual compliance filing that confirms the company has met its regulatory obligations under SEBI LODR for FY25. There are no major red flags — previously identified non-compliances have been remediated and no fresh enforcement actions were reported, so the filing is largely neutral for shareholders.