Submission of annual secretarial compliance report for the year ended March 31, 2025.
OSWALAGRO · price
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Oswal Agro Mills Ltd has submitted its Annual Secretarial Compliance Report for the financial year ended March 31, 2025, as required under Regulation 24A of SEBI's Listing Regulations. The report was prepared by M/s Prachi Bansal & Associates, Company Secretaries. The company is broadly compliant with SEBI regulations, secretarial standards, insider trading rules, and listing obligations. However, both NSE and BSE levied a fine of INR 7,000 each in August 2024 for non-appointment of a Company Secretary and Compliance Officer during the quarter ended June 30, 2024, under Regulation 6(1) of the SEBI LODR. No subsidiaries exist, no SEBI or stock exchange actions were taken during the year otherwise, and there were no resignations of statutory auditors.
This is a routine annual compliance filing and should not materially affect the stock price. The minor INR 14,000 in total fines from the exchanges is a small compliance lapse already disclosed and appears to have been rectified, posing no meaningful risk to shareholders.