Submission of Annual Secretarial Compliance Report for the year ended March 31, 2025
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Sonal Mercantile Ltd has submitted its Annual Secretarial Compliance Report for the financial year ended March 31, 2025, to BSE, as required under Regulation 24A of SEBI's Listing Regulations. The report was prepared by M/s Shobhit Mahesh and Associates, Practicing Company Secretaries, after reviewing the company's books, filings, website, and other records. The Practicing Company Secretary confirmed that the company complied with all applicable SEBI regulations, circulars, and guidelines during the review period, with no non-compliances or deviations reported. No action was taken against the company, its promoters, directors, or subsidiaries by SEBI or the stock exchanges during the year. There was also no resignation of statutory auditors, and the company has one associate (Rudraveery Developers Limited) but no material subsidiary.
This is a routine annual regulatory filing with a clean compliance report and no adverse observations. It is unlikely to have any material impact on the stock price, but it reassures shareholders that the company has maintained proper corporate governance and regulatory compliance during FY25.