Please find enclosed the Annual Compliance Report obtained by PCS for the financial year ended on March 31, 2025.
MICEL · price
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MIC Electronics has submitted its Annual Secretarial Compliance Report for the financial year ended March 31, 2025, as required under Regulation 24A of SEBI's Listing Regulations. The report was issued by M/s RPR & Associates, Practicing Company Secretaries. The company has been found compliant with all applicable SEBI regulations, circulars, and guidelines, with no deviations, violations, or fines during the review period. NSE had sought clarifications under Regulations 23 and 33 (related party transactions and financial results), which the company addressed. All key compliance areas — secretarial standards, policies, website disclosures, director eligibility, subsidiaries, document preservation, board evaluations, related party transactions, event disclosures, and insider trading — were marked compliant. No actions were taken by SEBI or the stock exchanges against the company, its promoters, directors, or subsidiaries.
This is a routine, clean compliance filing with no negative observations or penalties. For shareholders, it signals good corporate governance and regulatory hygiene, though it carries no material impact on stock price or business operations.