Annual Secretarial Compliance Report for the Year ended 31st March, 2025, as attached herewith.
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Saboo Sodium Chloro Limited has filed its Annual Secretarial Compliance Report for the financial year ended March 31, 2025, as required under SEBI Regulation 24A. The Practicing Company Secretary (Mr. Vinod Kumar Naredi) reviewed the company's compliance with SEBI regulations, circulars, and stock exchange requirements. Overall, the company was found compliant across key areas including Secretarial Standards, board policies, website disclosures, related party transactions, insider trading, and performance evaluation of directors. However, two minor instances of non-compliance were flagged: a Rs 5,000 BSE fine for late submission of Related Party Transactions disclosure (Regulation 23(9)) and a Rs 10,000 BSE fine for late submission of Voting Results (Regulation 23(9)). Both lapses also led to freezing of promoter demat accounts. The company has paid both fines, called the delays inadvertent, and committed to strengthening internal controls for future timely submissions.
No major compliance concerns for shareholders — both fines totaling Rs 15,000 have already been paid and promoter demat account freezes have been resolved. The lapses appear to be minor administrative filing delays rather than substantive governance issues, with limited impact on the stock price.