Submission of Annual Secretarial Compliance Report for the period ended March 31, 2025, issued by A. N. Kukreja & Co., Practising Company Secretaries
SHYAMTEL · price
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Shyam Telecom Ltd has submitted its Annual Secretarial Compliance Report for the financial year ended March 31, 2025, filed by M/s A.N. Kukreja & Co., Practising Company Secretaries, as required under SEBI (LODR) Regulations. The company was largely compliant with SEBI regulations, secretarial standards, insider trading rules, and disclosure norms during the review period. One non-compliance was flagged: the company did not obtain prior shareholder approval for the continuation of Shri Vinod Anand Juneja as a Non-Executive Independent Director after he turned 75 years, as required under Regulation 17(1A) of SEBI (LODR) Regulations, 2015. BSE and NSE imposed a fine of Rs. 42,000 plus GST for this lapse, which the company has already paid and requested a waiver for. The matter was settled favorably. No other non-compliances, actions by SEBI/exchanges, or pending show-cause notices were reported.
This is a routine compliance filing with no material business impact. The single regulatory lapse regarding the director's continuation has already been financially settled and resolved, so it is unlikely to affect the stock price. Shareholders should note the company's clean compliance record otherwise.