In terms of the provisions of Regulation 24A of Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015, please find enclosed herewith ....
KANSAINER · price
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Kansai Nerolac Paints has submitted its annual Secretarial Compliance Report for the financial year ended 31st March 2025, as required under SEBI's Listing Regulations. The report was prepared by JHR & Associates, Practising Company Secretaries, and confirms that the company generally complied with all applicable SEBI regulations, secretarial standards, and listing obligations during the year. All required policies were adopted and updated on time, the website is functional, no director is disqualified, performance evaluations were conducted in Q1 of FY24-25, and related party transactions had prior audit committee approval. The only minor non-compliance noted was a one-day delay in filing a related party transaction disclosure with NSE (it was filed on time with BSE on 6th November 2024), for which NSE levied a fine of Rs. 5,000 which the company has paid.
This is a routine annual compliance filing with no material impact on the business or shareholders. The single non-compliance was a minor procedural delay resulting in a negligible fine of Rs. 5,000, indicating overall strong corporate governance compliance.