Annual Secretarial Compliance Report for the Financial Year ended 31st March, 2025
SAYAJIHOTL · price
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Sayaji Hotels Ltd has submitted its Annual Secretarial Compliance Report for FY2024-25, certified by Practicing Company Secretary Mr. Neelesh Gupta. The review confirms that the company generally complied with SEBI regulations, secretarial standards, insider trading norms, and listing obligations during the year. Two observations were noted: (1) BSE imposed a penalty of Rs. 11,800 plus GST for non-compliance with disclosure of Related Party Transactions on a consolidated basis as of 30th June 2023 under Regulation 23(9), with the waiver rejected in June 2024 and the penalty paid on 20th June 2024, and (2) a procedural lapse where the intimation to BSE regarding the shifting of the registered office within city limits was delayed by 45 days. The company has no material subsidiaries and no director disqualifications.
The filing is a routine regulatory compliance report and does not indicate any major business impact. The minor penalties and procedural lapses are historical, already resolved through payment, and are immaterial to the company's financials. Shareholders should view this as a neutral, governance-related disclosure.