This is to be informed you that due to some inadvertent or typographical error in the Secretarial report submitted, we are hereby re-submitting the Annual Secretarial Compliance Report of the Company.
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Newtime Infrastructure Ltd has re-submitted its Annual Secretarial Compliance Report for FY 2024-25, originally filed earlier, due to a typographical/inadvertent error. The revised report, issued by Practicing Company Secretary Sachin Khurana, discloses 11 instances of delayed regulatory submissions during the year, including delays in shareholding pattern (12 days), annual report (1 day), voting results (1 day), EGM notice publication (4 days), bonus share intimation (1 minute), MOA alteration (4 minutes), appointment of independent director (8 minutes), NCPS terms alteration (17 hours), company secretary appointment (17 hours, with a Rs. 1,08,560 fine), EGM proceedings (11 hours), and managing director appointment (12 days). Four prior non-compliances resulted in cumulative fines of about Rs. 1,03,840, all of which the company says have been paid. The report also flags non-compliance with Secretarial Standards and website disclosure norms, while noting compliance with insider trading rules, director eligibility, and policy adoption.
The repeated pattern of delayed filings and outstanding compliance gaps signals weak governance discipline, which may concern investors. While no current SEBI or BSE action is noted and prior fines have been paid, the frequency of delays could attract further regulatory scrutiny and reflects poorly on the company's disclosure quality.