Pursuant to Regulation 24A of SEBI (LODR) Regulations, 2015 enclosed please find the Annual Secretarial Compliance Report for the financial year 2024-25.
MAGADSUGAR · price
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Magadh Sugar & Energy Ltd submitted its Annual Secretarial Compliance Report for the financial year ended March 31, 2025, to BSE and NSE on May 30, 2025. The report, prepared by Vinod Kothari & Company (Practicing Company Secretaries), confirms that the company is largely compliant with SEBI regulations, listing requirements, insider trading rules, and ICSI Secretarial Standards (SS-1 and SS-2). One minor deviation was flagged: the Postal Ballot notice issued on February 18, 2025 was not filed in XBRL format within the 24-hour window required by BSE/NSE circulars. No fine was imposed, and the management acknowledged the lapse and committed to compliance going forward. No SEBI or stock exchange actions were taken against the company during the year, and no directors were disqualified.
This is a routine annual compliance filing mandated under SEBI LODR Regulations and carries no material negative implications for shareholders. The single XBRL-related observation is minor, attracted no penalty, and is unlikely to affect the stock price.