Submission of Annual Secretarial Compliance Report of the Company for the financial year ended 31st March, 2025
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Northern Spirits Ltd has submitted its Annual Secretarial Compliance Report for the financial year ended 31 March 2025, as required under SEBI's Listing Regulations. The report, issued by Practicing Company Secretary Puja Pujari, confirms the company complied with most applicable SEBI regulations, circulars, and Secretarial Standards. One deviation was noted: the company delayed submitting its 'statement on impact of audit qualification' in PDF format for FY24, for which BSE imposed a fine of Rs. 1,18,000. The company has since paid the fine and filed the document in the required PDF format. No other regulatory actions, director disqualifications, auditor resignations, or additional non-compliances were observed during the review period.
This is largely a routine compliance filing with no material governance red flags. The only issue was a procedural lapse already resolved by paying the Rs. 1.18 lakh BSE fine, so the stock price impact is expected to be negligible.