Please find enclosed Annual Secretarial Compliance Report for the F.Y. 2024-25 pursuant to Reg 24A of SEBI (LODR), 2015.
Awaiting price reaction for this filing.
Sahara One Media & Entertainment filed its Annual Secretarial Compliance Report for the year ended March 31, 2025, as mandated under SEBI's listing rules. The Practicing Company Secretary confirmed the company complied with most secretarial standards, including related party transactions, insider trading norms, website disclosures, and event reporting. A key outstanding issue is that BSE suspended trading of the company's securities from May 22, 2022, due to earlier non-compliance with board composition rules under Regulation 17(1). The company has since appointed a new independent director to regularise the board, but has not paid the listing fee for FY 2024-25 and has filed a waiver application, with trading still under suspension.
Shareholders remain unable to trade the stock on BSE due to the continued trading suspension. The unpaid listing fees and waiver application signal ongoing regulatory and financial stress, which may keep the stock illiquid and weigh on investor sentiment until the suspension is lifted.