Annual Secretarial Compliance Report for the Financial Year ended March 31, 2025
LUMAXTECH · price
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Lumax Auto Technologies has submitted its Annual Secretarial Compliance Report for FY25, as required under SEBI's Regulation 24A. The report, certified by Practicing Company Secretary Maneesh Gupta, confirms that the company has complied with all applicable SEBI regulations and circulars during the review period. No deviations, non-compliances, or penalties were reported, and no action was taken by SEBI or stock exchanges against the company, its promoters, directors, or subsidiaries. During the year, the previous statutory auditors' second term ended at the September 27, 2024 AGM, and Price Waterhouse Chartered Accountants LLP was appointed as the new statutory auditor for a five-year term. The company has three material subsidiaries: Lumax Mannoh Allied Technologies, IAC International Automotive India, and Greenfuel Energy Solutions.
This is a routine annual compliance filing that reinforces Lumax Auto Technologies' clean regulatory track record with no penalties or actions from SEBI or exchanges. It is largely procedural and is unlikely to have any material impact on the stock price, though it signals good corporate governance to investors.