Annual Secretarial Report for the year ended 31st March, 2025
MAHSEAMLES · price
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Maharashtra Seamless Limited has submitted its Annual Secretarial Compliance Report for FY ended March 31, 2025, as required under Regulation 24A of SEBI LODR Regulations. The Practicing Company Secretary (Namo Narain Agarwal) confirmed the company is generally compliant with applicable SEBI regulations, secretarial standards, board processes, and disclosure norms. One minor non-compliance was flagged: the office of the CFO remained vacant for more than 3 months (the post was vacant since 01.02.2024, with the deviation entry showing 27.01.2025), though no fine was imposed and no work was reportedly impacted. All related party transactions had prior audit committee approval, insider trading norms were followed, the website is functional with timely disclosures, and no SEBI or stock exchange action was taken against the company or its promoters/directors. There was no resignation of statutory auditors during the year.
This is a routine annual regulatory disclosure with only a minor, already-known compliance gap (CFO vacancy) that carries no penalty or operational impact. No material effect on shareholders or stock price is expected; the filing simply fulfils the company's annual listing-obligation housekeeping requirement.