PFA the Annual Secretarial Compliance Report for the year ended on 31st March, 2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Scintilla Commercial & Credit Ltd has filed its Annual Secretarial Compliance Report for the financial year ending 31 March 2025, as mandated under SEBI LODR Regulation 24A. The Practicing Company Secretary, Rajesh Ghorawat, certified that the company is compliant with secretarial standards, SEBI regulations, insider trading norms, related party transaction approvals, and corporate governance requirements, with no new deviations during the review period. The report discloses that the Calcutta Stock Exchange (CSE) had imposed a fine of Rs. 67,05,940 on the company for previous financial years under SEBI LODR Regulations (clauses 13, 29, 31, 33 and 42), to which the company replied on 31 October 2024, and the matter is still under consideration. The company's erstwhile statutory auditors resigned at the AGM held on 28 September 2024 citing preoccupation.
This is a routine annual compliance filing with no fresh lapses reported, indicating stable governance for the year under review. However, the unresolved Rs. 67 lakh penalty from the Calcutta Stock Exchange for earlier years remains a pending overhang that shareholders should track.