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Awaiting price reaction for this filing.
Softrak Venture Investment has filed its Annual Secretarial Compliance Report for FY2024-25, confirming overall compliance with SEBI regulations, listing rules, and secretarial standards. During the year, the company sub-divided its equity shares from Rs. 10 to Re. 1 per share (approved by BSE on March 20, 2025), declared a small dividend of 0.5% at the AGM, and changed its secretarial auditor after Ms. Shilpa Shah resigned on March 29, 2025. The auditor flagged one non-compliance: the company failed to disclose two arbitration awards passed against it (claim values of Rs. 3.46 lakh and Rs. 5.42 lakh), though only an advisory was issued with no fine. The management has approached NCLT Ahmedabad in response. A previous observation about not publishing financial results in newspapers has now been corrected.
For shareholders, this is largely a routine regulatory filing with no major red flags — no penalties, no SEBI action, and no director disqualifications. The undisclosed arbitration awards are minor in financial value but reflect a governance lapse in timely disclosure, which investors should note. The stock split makes shares more affordable and may improve liquidity.