Annual Secretarial Compliance Report for March 31, 2025
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Sri Chakra Cement Ltd has filed its Annual Secretarial Compliance Report for the financial year ended March 31, 2025, as required under SEBI LODR Regulation 24A. Practicing Company Secretary CS Navajyoth Puttaparthi reviewed the company's compliance with SEBI Act, SCRA, and related regulations and certified that the company is broadly compliant, with no material non-compliances or penalties during the review period. A few prior procedural observations relating to a 2023-24 absence of an audit committee member due to medical reasons and delayed filing of certain committee meeting details were addressed, with the company providing valid explanations and committing to preventive governance measures. All key compliance areas — secretarial standards, insider trading, related party transactions, event disclosures, and director disqualification — were marked as compliant, and no actions were taken by SEBI or stock exchanges against the company.
For shareholders, this filing signals that the company maintains adequate governance and compliance mechanisms with no regulatory penalties or show-cause notices from SEBI or BSE. The procedural lapses noted are of a minor, historical nature and do not pose a material risk to the stock.