LAURUSLABS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Laurus Labs has submitted its Annual Secretarial Compliance Report for the financial year ended March 31, 2025, as required under SEBI Regulation 24A(2). The report was issued by practicing company secretaries RPR & Associates after reviewing all SEBI regulations, filings, and corporate records. One non-compliance was identified: between May 18, 2024 and July 24, 2024, the company's Board did not have at least 50% Non-executive Directors as required under Regulation 17(1)(a) of SEBI LODR. Both BSE and NSE imposed a fine of Rs. 3,35,000 each, which the company has already paid, and the board composition issue was rectified from July 25, 2024. All other areas — secretarial standards, insider trading, related party transactions, subsidiary disclosures, website maintenance, and director qualifications — were found to be compliant.
The disclosure is largely procedural and routine. The single non-compliance was a temporary board composition gap, already corrected with penalties paid (total ~Rs. 6.7 lakh). No material governance concerns or ongoing violations — unlikely to affect the stock price or shareholder interests.