BSEMinimalNeutral
Announced Tue, 27 May · 17:49 IST

SUBMISSION OF ANNUAL SECRETARIAL COMPLIANCE REPORT FOR THE YEAR ENDED MARCH 31, 2025.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Supreme Petrochem Ltd has filed its Annual Secretarial Compliance Report for the financial year ended March 31, 2025, as required under SEBI LODR Regulation 24A(2). The report, prepared by Parikh & Associates (Practicing Company Secretaries), confirms that the company has generally complied with all applicable SEBI regulations, circulars, and guidelines during the year. One minor non-compliance was noted: in the XBRL filing of postal ballot e-voting results, the end date was inadvertently typed as 19.07.2024 instead of the actual date 23.08.2024, though the correct date was mentioned in the PDF filing on the same day. BSE levied a penalty of Rs. 11,800 (including GST) for this typographical error, and the company has since filed a revised XBRL and applied to the stock exchange for a waiver. All other compliance areas, including Secretarial Standards, insider trading rules, related party transactions, board evaluations, and disclosure norms, were confirmed as compliant.

Likely market impact

This is a routine annual compliance filing with no material concerns for shareholders. The only flag is a minor Rs. 11,800 penalty for a typographical date error in a regulatory filing, which the company is seeking to have waived. Investors should view this as procedural housekeeping rather than any red flag on governance or operations.