Announced Fri, 30 May · 15:58 IST

Annual Secretarial Compliance Report for the year ended 31.03.2025

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AI summary

52 Weeks Entertainment has filed its Annual Secretarial Compliance Report for FY25, confirming compliance with most SEBI LODR regulations except for two specific observations. First, under Regulation 31(2), all shares of the promoter and promoter group are not in dematerialized form, with the remaining shares still held with IDBI Bank. Second, under Regulation 44(3), the company submitted voting results to BSE late and paid a fine of Rs. 11,800, attributing the delay to a typographical error during submission. The report also carries forward a previous year's non-compliance under Regulation 23(9) where the Related Party Transaction report for the half-year ended 30 September 2023 was delayed, resulting in a fine of Rs. 29,500 which has been paid. Other compliance areas including secretarial standards, policies, website disclosures, director disqualification, insider trading, and document preservation are reported as fully compliant. No events of auditor appointment or resignation occurred during the review period.

Likely market impact

Minor regulatory penalties totaling Rs. 41,300 (current and prior year) have been paid and are not financially material. The ongoing non-dematerialization of promoter shares is a continuing governance flag, but the company's overall compliance status remains broadly satisfactory with no major SEBI actions against it.