Submission of annual secretarial compliance report for the year ended March 31, 2025.
SHRIKRISH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Shri Krishna Devcon Limited has submitted its Annual Secretarial Compliance Report for the financial year ended March 31, 2025, as required under Regulation 24A of SEBI's Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015. The report was prepared by B. K. Pradhan & Associates, Practicing Company Secretaries, who confirmed the company generally complied with SEBI regulations, Secretarial Standards, and other applicable provisions during the review period. Two minor non-compliances were flagged: a one-day delay in filing related party transaction disclosures for the half-year ended March 31, 2024, attracting a BSE fine of Rs. 5,900, and a delay in obtaining the mandatory special contingency insurance policy, which was eventually taken on June 14, 2024. No actions were taken by SEBI against the company or its directors/promoters during the year. Previous year's observations regarding delayed AGM proceedings submission have been addressed with a revised filing to BSE.
The compliance lapses are minor housekeeping issues with negligible financial impact (a Rs. 5,900 fine and procedural delays). No material governance red flags, enforcement action, or qualifications were raised, so this filing is unlikely to have any meaningful effect on the stock price or shareholder value.