In terms of Regulation 24 A of the Securities and Exchange Board India (Listing Obligation and Disclosure Requirements) Regulations, 2015 Annual Secretarial Compliance Report issued by ....
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Kisan Mouldings Limited submitted its Annual Secretarial Compliance Report for FY 2024-25, issued by Practicing Company Secretary Nidhi Bajaj & Associates, as required under SEBI Regulation 24A. The report confirms the company is largely compliant with SEBI regulations covering secretarial standards, insider trading, related party transactions, and corporate governance. One minor non-compliance was flagged: BSE levied a penalty of Rs. 5,900 under Regulation 23(9) for delay in submitting consolidated related party transaction disclosure for the half-year ended March 31, 2024. The company has already paid this penalty and attributed the delay to inadvertent oversight. No actions were taken against the company, its promoters, or directors by SEBI or stock exchanges during the review period.
This is a routine annual compliance filing with no material concerns for shareholders. The Rs. 5,900 penalty is negligible relative to the company's operations and has already been settled, indicating sound overall governance standards.