Annual Secretarial Compliance Report for the year ended 31.03.2025
SUNDRMBRAK · price
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Sundaram Brake Linings Ltd has filed its Annual Secretarial Compliance Report for FY ended 31st March 2025, as required under SEBI's Listing Regulations. The report, certified by V Suresh Associates (Practising Company Secretaries), confirms that the company has largely complied with SEBI regulations covering listing obligations, insider trading, related party transactions, disclosures, and secretarial standards. One minor compliance issue is highlighted: the NSE imposed a penalty of Rs. 33,040 (including GST) on 22.05.2024 under Regulation 17(1A) for allowing a director to continue after crossing the age of 75 years without proper approval. The company has already paid this penalty on 27.05.2024. No other non-compliances or actions by SEBI or stock exchanges were reported during the year.
This is a routine annual compliance filing with no major red flags. The only issue was a small, already-settled penalty related to a director's age, which is unlikely to have any meaningful impact on the stock price or shareholder interests.