Annual Secretarial Compliance Report issued by Smt. Manjula Aleti, PCS for the year ended 31.03.2025
KAKATCEM · price
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Kakatiya Cement Sugar & Industries has submitted its Annual Secretarial Compliance Report for the financial year ending 31 March 2025, certified by practicing company secretary Smt. Manjula Aleti, as required under SEBI's Listing Regulations. During the year, the company was found to be compliant with all applicable SEBI regulations covering secretarial standards, insider trading, related party transactions, website disclosures, board evaluations, and other listing requirements. No new observations or non-compliances were flagged by the company secretary. The report carries forward one item from the previous year: the company had appointed Mr. Vankineni Siva Rama Krishna Murthy (aged over 75) as an Independent Director without prior shareholder approval under Regulation 17(1A). Both BSE and NSE had levied a fine of Rs. 1,04,000 each plus GST, which the company has paid. Its waiver applications under SEBI's SOP were not accepted by either exchange.
This is a routine annual compliance filing and is unlikely to affect the stock price. For shareholders, the only takeaway is that the FY24 fine of around Rs. 2.08 lakh related to the over-75 director appointment remains settled, with no new compliance lapses reported for FY25.