In terms of Regulation 24(A) of SEBI (LODR) Regulations, 2015, please find enclosed Annual Secretarial Compliance Report for the financial year ended March 31, 2025 issued by Parikh & Associates, ....
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N R Agarwal Industries has filed its Annual Secretarial Compliance Report for FY2025 with BSE and NSE, as required under SEBI's listing rules. The report, prepared by Parikh & Associates (Practicing Company Secretaries), found the company generally compliant with SEBI regulations during the review period. Two minor non-compliances were flagged: the gap between consecutive Board meetings exceeded the 120-day limit under Regulation 17(2), leading to fines of Rs. 11,800 each (including GST) from BSE and NSE, both of which have been paid; and the gap between Audit Committee meetings also exceeded 120 days under Regulation 18(2)(a), resulting in an NSE warning letter. All other areas — including insider trading, related party transactions, website disclosures, director eligibility, and secretarial standards — were found satisfactory.
This is a routine annual compliance filing with no material impact on the business or shareholders. The flagged non-compliances are procedural timing issues with negligible fines already paid, and they are unlikely to influence the stock price.