Pursuant to Regulation 24(A) of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, we enclose herewith Secretarial Compliance Report dated 16th May, 2025 duly issued ....
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Standard Industries Ltd has submitted its annual Secretarial Compliance Report to BSE and NSE, as required under SEBI's Listing Regulations. The report, dated 16th May 2025, was issued by M/s. S.K. Dwivedi & Associates, Practicing Company Secretaries, after reviewing the company's compliance with SEBI regulations, circulars, and secretarial standards for FY 2024-25. The auditor confirmed the company has complied with all applicable provisions with no deviations, no fines, and no action taken by SEBI or stock exchanges. The company has two wholly-owned subsidiaries, with Standard Salt Works Limited (SSWL) classified as a material unlisted subsidiary. The only notable item is the resignation of SSWL's statutory auditor, M/s. Arunkumar Shah & Co., on 8th August 2024 due to health reasons, which was handled in line with SEBI requirements.
This is a routine annual regulatory filing with no negative findings. For shareholders, it confirms the company maintained clean compliance status with no penalties or regulatory actions during FY 2024-25, which is a neutral-to-slightly-positive governance signal but unlikely to move the stock price.