POWERMECH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Power Mech Projects Ltd has filed its Annual Secretarial Compliance Report for the financial year ended March 31, 2025, with both NSE and BSE. The report, prepared by Practicing Company Secretary D.S. Rao, confirms the company has complied with SEBI regulations, circulars, and guidelines during the review period with no new deviations or non-compliances. All Secretarial Standards, policies, website disclosures, and insider trading norms are reported as being followed. Two observations from previous reports were addressed: one relating to a non-executive director (T. Shankar Lingam) continuing past age 75 without a special resolution (director ceased in May 2023, fines paid for the violation period), and another for a one-day delay in submitting AGM voting results (fine levied by stock exchanges and paid by the company).
This is a routine annual regulatory filing and generally neutral-to-positive for shareholders, as it confirms the company is in good standing with SEBI compliance requirements. The absence of new non-compliances and resolution of prior minor issues suggest steady corporate governance, though the company has paid small penalties in the past for procedural lapses.