Annual Secretarial Compliance Report 24-25
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Awaiting price reaction for this filing.
Kinetic Engineering Limited (BSE: 500240) has submitted its Annual Secretarial Compliance Report for the financial year ended 31 March 2025, as required under SEBI's Listing Regulations. The Practicing Company Secretary certified that the company is compliant with applicable SEBI regulations and secretarial standards for FY25, with no new non-compliances observed. The report also addressed four prior-period lapses that have since been corrected: a 65-day delay in disclosing the exit of Independent Director Rohit Bafna, a missed disclosure for further investment in subsidiary Kinetic Watts & Volts Limited, a 116-day delay in paying BSE listing fees, and submission of an audit report not in the SEBI-prescribed format. The Company Secretary noted satisfaction with the corrective actions taken and confirmed no fresh defaults during the review period.
This is a routine annual compliance filing with no new penalties or regulatory actions against the company, so it is unlikely to move the stock. The historical lapses mentioned are already resolved and unlikely to have any material effect on shareholders.