Pursuant to the regulation 24 A of SEBI (LODR) Regulations, Please find enclosed herewith Secretarial Compliance Report
SUPREMEINF · price
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Supreme Infrastructure India Ltd submitted its Annual Secretarial Compliance Report for FY25, which reveals 21 instances of non-compliance with SEBI LODR Regulations, attracting total penalties of approximately Rs. 22.72 lakh, all of which remain unpaid. Key lapses include repeated late filing of quarterly financial results (Regulation 33, fines ~Rs. 12.27 lakh across four quarters), delays in shareholding pattern submissions (Regulation 31), late corporate governance reports (Regulation 27(2)), and shareholder complaints statements (Regulation 13(3)). The company also failed to appoint a qualified Company Secretary on time (Regulation 6(1)) and did not constitute the Nomination & Remuneration Committee and Stakeholders Relationship Committee as required (Regulations 19 and 20). Additionally, the AGM for FY 2023-24 was not held within the prescribed time, leading to a Secretarial Standards non-compliance. Website disclosures were also not updated in a timely manner during the year.
This filing is a significant red flag for shareholders — it exposes chronic governance failures, repeated regulatory lapses, and unpaid SEBI penalties, which could weigh negatively on the stock and raise concerns about management's compliance discipline. Investors should view this as a warning sign of weak internal controls and corporate governance at the company.