MCLEODRUSS · price
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Awaiting price reaction for this filing.
Mcleod Russel India has submitted its Annual Secretarial Compliance Report for the financial year ended 31st March 2025, as required under SEBI Regulation 24A. The report, issued by A.K. Labh & Co., confirms the company complied with applicable SEBI regulations, secretarial standards, and listing obligations during the review period. No new deviations or penalties were reported for FY25. Previous outstanding issues include the Calcutta Stock Exchange suspension (still being pursued for revocation), a missed intimation on Aditya Khaitan's designation change during the CIRP period (Feb 2023–May 2023), and contra-trade violations by two designated persons (fine already paid to SEBI's IPEF). The company had one wholly-owned subsidiary, which was not material.
This is a routine regulatory filing confirming overall compliance with listing rules. No new negative findings for FY25, which is mildly positive for governance perception. The lingering CSE suspension and past CIRP-related issues remain background overhangs but are not new developments.