Annual Secretarial Compliance Report for the financial year 2024-25
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Paramount Communications Limited has submitted its Annual Secretarial Compliance Report for the financial year ended March 31, 2025, as required under SEBI Regulation 24A. The report, issued by Practicing Company Secretary Nitin Gupta, confirms that the company has complied with all applicable SEBI regulations, circulars, and guidelines during the review period. No deviations, non-compliances, or penalties were reported. No actions were taken against the company, its promoters, directors, or subsidiaries by SEBI or stock exchanges. The company has one subsidiary (Valens Technologies Private Limited), which is not classified as a material subsidiary. No statutory auditor resigned during the period under review.
This is a routine annual compliance filing that confirms the company has a clean regulatory record with no SEBI penalties or non-compliance issues. For shareholders, this signals good corporate governance and regulatory standing, though it carries no direct material impact on stock price or business outlook.