We hereby submitted Annual Secretarial Compliance Report for the year ended March 31, 2025.
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Starlineps Enterprises Ltd submitted its Annual Secretarial Compliance Report for FY 2024-25, certified by Practicing Company Secretary Manish R. Patel. The company is largely compliant with SEBI regulations, including secretarial standards, related party transactions, insider trading, and disclosure norms. One non-compliance was flagged: under SEBI ICDR Regulation 295(1), the company delayed commencement of trading of its bonus shares by 2 days beyond the prescribed deadline of October 7, 2024. The Board had approved the bonus issue on August 8, 2024, but the actual trading commencement slipped by two days. BSE imposed a fine of Rs. 40,000 plus 18% GST, which the company has already paid. No material subsidiaries, no auditor resignations, and no additional non-compliances were noted during the review period.
Minor compliance lapse with a small fine already paid; unlikely to materially affect shareholders or stock price. Confirms overall good governance with one minor procedural delay on the bonus issue.