Submission of Annual Secretarial Compliance Report for the financial year ended March 31, 2025
METROGLOBL · price
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Metroglobal Ltd has submitted its Annual Secretarial Compliance Report (ASCR) for the financial year ended March 31, 2025, as required under SEBI LODR Regulation 24A. The report, issued by M/s. Mehul Raval & Associates (Practicing Company Secretaries), confirms the company is compliant across all examined areas including secretarial standards, board policies, website disclosures, related party transactions, insider trading norms, and event disclosures. No action has been taken against the company, its promoters, directors, or subsidiaries by SEBI or stock exchanges during the review period, and no non-compliance was observed. The only remark notes that Metrochem Capital Trust Limited, a subsidiary, does not qualify as a 'Material Subsidiary' as it does not meet the stipulated net worth and income criteria.
This is a routine annual compliance filing with no adverse findings, which is mildly positive for shareholders as it confirms clean regulatory standing. No material impact on stock price is expected from this disclosure.