ONIDABSEMirc Electronics LtdMinimalNeutral
Announced Tue, 27 May · 17:35 IST

Annual Secretarial Compliance Report for the financial year ended 31.03.2025

ONIDA · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Mirc Electronics Ltd (the company behind the Onida brand) has submitted its Annual Secretarial Compliance Report for the financial year ended 31 March 2025, as required under SEBI's Listing Regulations. The report was reviewed and issued by M/s Ragini Chokshi & Co., Practicing Company Secretaries, and signed by Chairman & Managing Director Vijay Mansukhani. The Practicing Company Secretary confirmed that the company is fully compliant with all examined SEBI regulations, including the Listing Regulations, Insider Trading rules, and Secretarial Standards, with no deviations or penalties reported. No prior-year observations required follow-up, no SEBI or stock exchange actions were taken against the company, and no director disqualifications were found. The company also confirmed timely disclosure of events, proper related-party transaction approvals, and board performance evaluations.

Likely market impact

This is a routine annual regulatory filing with a clean compliance record, reflecting sound corporate governance. It carries no material business impact on the stock price, though it mildly reinforces investor confidence in the company's adherence to listing rules.