Annual Secretarial Compliance Report for the financial year ended 31st March, 2025.
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Kanco Tea & Industries has submitted its Annual Secretarial Compliance Report for FY2024-25, certified by Practicing Company Secretary CS Asit Kumar Labh. The company is reported to be in compliance with all applicable SEBI regulations, including Listing Obligations, Insider Trading, and Secretarial Standards, with no new deviations during the review period. The company has one material subsidiary and has complied with all disclosure, governance, and filing requirements. Two older non-compliance matters from FY2023-24 and FY2022-23 (relating to Board/Audit Committee composition and a typographical error in a corporate governance report) are noted as pending; BSE had earlier levied a fine of Rs 1,88,000 on the company for the Board/Audit Committee composition issue, which the company is seeking to have waived.
Routine annual compliance filing with no new regulatory action or penalty, so little direct impact on the stock. The lingering Rs 1.88 lakh fine (pending waiver) and old governance disclosures are immaterial to shareholders but show the company has actively remediated past Board composition gaps.