Enclosed herewith the Annual secretarial compliance report for the FY ended as on 31st March, 2025.
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Silver Touch Technologies Limited submitted its Annual Secretarial Compliance Report for FY 2024-25 to BSE (Script Code: 543525) and NSE (Symbol: SILVERTUC) on 29th May 2025, prepared by M/s Sandip Sheth & Associates, Practicing Company Secretaries. The report confirms overall compliance with SEBI regulations, secretarial standards, listing requirements, and insider trading norms across most areas, with no actions taken by SEBI or stock exchanges. Three minor procedural deviations were flagged (with no fines imposed): (1) some related party transactions were executed without prior Audit Committee and Board approval, later ratified on 28th May 2024; (2) the immediate relative of an independent director traded during trading window closure on 4th-5th May 2023, prompting a warning letter and stock exchange disclosure; and (3) promoters delayed disclosure of certain share trades beyond the two-trading-day requirement. All issues were self-reported, rectified, and disclosed to the exchanges.
This is a routine annual compliance filing showing generally strong adherence to SEBI rules, with only minor procedural lapses already addressed and no penalties levied. The impact on shareholders and the stock price is negligible, though it signals areas where Silver Touch needs to tighten internal controls around related party approvals, trading window discipline, and promoter disclosure timelines.