Annual Secretarial Compliance Report 2024-25
MANAKALUCO · price
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Manaksia Aluminium Company Ltd has filed its Annual Secretarial Compliance Report for the financial year ended 31 March 2025, certified by Practicing Company Secretary CS Asit Kumar Labh. The report confirms that the company is compliant with SEBI regulations, Listing Obligations & Disclosure Requirements (LODR), Insider Trading rules, Secretarial Standards, and other applicable laws. No penalties, fines, show-cause notices, or actions were taken by SEBI or stock exchanges against the company during the year. The only observation noted was minor: NSE had sought clarifications in October 2024 regarding dispatch of Notice and Annual Report, which the company responded to on the same day or next day, with no further follow-up from NSE. The company also incorporated a new foreign subsidiary during the year, which is not a material subsidiary and has not yet started operations.
This is a routine annual compliance filing with no negative findings, indicating good corporate governance standing. Shareholders can take comfort that the company has a clean compliance record with no regulatory penalties, which is neutral to mildly positive for investor confidence.