Please find enclosed herewith Annual Secretarial Compliance Report under Regulation 24A of SEBI(LODR)Regulations, 2025 issued by Kirti Sharma & Associates, Practicing Company Secretarial, ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Maharashtra Corporation Ltd submitted its Annual Secretarial Compliance Report for the financial year ended March 31, 2025, certified by Kirti Sharma & Associates. The report confirms overall compliance with SEBI regulations, but flagged two deviations during the year: a delay in giving prior intimation of a board meeting (Regulation 29) leading to a Rs. 10,000 + GST fine paid in December 2024, and late submission of the Regulation 76 share capital reconciliation report for the September and December 2024 quarters. The report also noted that previous-year penalties of Rs. 5,000 + GST and Rs. 64,000 + GST (for delayed related party disclosure and shareholding pattern filing in FY 2023-24) have been paid. No actions were taken by SEBI or stock exchanges against the company, and no director was disqualified.
For shareholders, this is a routine regulatory filing that highlights minor compliance lapses in filing timelines, all of which have been resolved with penalties paid. The repeated delays in regulatory filings (both in current and previous years) point to weak compliance processes, though the amounts are small and no serious action was taken by regulators.