Annual Secretarial Compliance Report for the year ended 31st March, 2025.
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Sharda Ispat Limited has submitted its Annual Secretarial Compliance Report for the financial year ended March 31, 2025, as required under SEBI Regulation 24A. The report, issued by Practicing Company Secretary Sunil Kumar Sharma, confirms the company was compliant with all applicable SEBI regulations, circulars, and Secretarial Standards during the review period, with no new deviations or violations. The only item flagged is a historical issue from FY23: a 3-day delay in filing Related Party Transactions in XBRL mode, for which BSE imposed a fine of Rs. 15,000 plus 18% GST (total Rs. 17,700), which the company paid on July 15, 2023. The company has no material subsidiaries, no disqualified directors, no insider trading breaches, and no actions taken by SEBI or stock exchanges during FY24-25.
This is a routine annual compliance filing confirming clean regulatory standing for FY24-25 with no fresh penalties. The only past fine (Rs. 17,700) was already settled in 2023, so it has no material impact on shareholders or the stock price.