In compliance with Regulation 24A of SEBI LODR Regulations, 2015, the Annual Secretarial Compliance Report for the financial year ended March 31, 2025, issued by MDS & Associates LLP, Practicing ....
LGBBROSLTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
L.G. Balakrishnan & Bros Ltd submitted its Annual Secretarial Compliance Report for FY ended March 31, 2025, as required under SEBI LODR Regulation 24A. The report, issued by MDS & Associates LLP (Practicing Company Secretaries), confirms the company complied with applicable SEBI regulations during the review period across all key areas including secretarial standards, insider trading rules, related party transactions, and board performance evaluation. No penalties or actions were taken by SEBI or stock exchanges against the company during the year. One carry-forward observation from the prior year (FY24) relates to a delayed intimation to stock exchanges regarding a duplicate share certificate issued on September 30, 2023, with intimation provided on October 3, 2023 instead of the prescribed 2-day window. No penalty was imposed for this delay, and the company attributed it to consecutive holidays on October 1 and 2, 2023.
This is a routine regulatory compliance filing with no material impact on shareholders. The clean compliance status, absence of penalties, and no adverse SEBI actions reinforce that the company maintains good corporate governance standards, which is a positive signal for investor confidence.