Annual Secretarial Compliance Report for the FY 2024-25
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Ortin Global Limited filed its Annual Secretarial Compliance Report for the year ended 31 March 2025, signed by Practicing Company Secretary Akhilesh Singh. The report confirms the company complied with most SEBI regulations, including listing obligations, insider trading rules, related party transactions, corporate governance disclosures, and secretarial standards. One deviation was flagged: the Company Secretary and Compliance Officer, Mr. Nitesh Kumar Sharma, resigned on 4 November 2024, and the company failed to fill the vacancy within the three-month window required under Regulation 6(1A) of SEBI LODR. BSE and NSE levied a fine of Rs. 56,000 plus GST for this lapse. Mrs. Madhu Mala Solanki was eventually appointed as Company Secretary and Compliance Officer with effect from 1 April 2025, though the penalty remains unpaid as of the report date.
The non-compliance is procedural and minor, involving a small fine of around Rs. 65,000 and now rectified with a new Compliance Officer in place. No broader regulatory action was taken against the company, promoters, or directors, so the impact on shareholders is negligible.