Annual Secretarial Compliance report FY 2024-25.
MALUPAPER · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Malu Paper Mills has submitted its Annual Secretarial Compliance Report for the financial year ended 31 March 2025, as required under SEBI LODR Regulation 24(A). The report, issued by Practicing Company Secretary CS Ramachandran Iyer, confirms the company is broadly compliant with SEBI regulations covering secretarial standards, insider trading, related party transactions, event disclosures, and website disclosures. One instance of non-compliance was flagged: the company's financial results for FY 2023-24 were filed one day late with BSE and NSE under Regulation 23(9) of LODR, attracting a penalty of Rs. 5,900 each from both exchanges (paid by the company, including GST), citing a technical issue. A previously noted observation regarding the FY 2022-23 Annual Report being filed 23 days late (penalty of Rs. 54,280 paid) has been addressed. No additional non-compliances were observed and no actions were taken against the company's promoters, directors, or subsidiaries by SEBI or stock exchanges during the review period.
This is a routine annual compliance certification with no major governance red flags for shareholders. The penalty amounts are immaterial relative to company size, though investors may note a recurring pattern of missing filing deadlines that could attract further regulatory scrutiny if it continues.