Annual Secretarial Compliance Report for the year ended March 31, 2025.
PRAXIS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Praxis Home Retail has submitted its Annual Secretarial Compliance Report for the financial year ended March 31, 2025, as required under SEBI Listing Regulations. The report, certified by Practicing Company Secretary Anant Gude, confirms the company complied with most applicable SEBI regulations covering listing obligations, insider trading, board evaluations, website disclosures, and secretarial standards. One governance lapse was flagged: the company entered into a related-party borrowing transaction without prior approval of the Audit Committee, which was subsequently ratified after management discovered the omission. The report notes no subsidiaries, no auditor resignations, and no actions taken by SEBI or stock exchanges during the review period. No prior-period observations were outstanding.
A minor related-party compliance lapse was identified but was promptly self-disclosed and ratified, with no penalty imposed. Overall compliance is satisfactory, suggesting limited immediate risk to shareholders, though investors may note the governance control gap.