Intimation of Annual Secretarial Compliance report for the Year ended 31st March, 2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
TCFC Finance Limited submitted its Annual Secretarial Compliance Report for FY2024-25, prepared by M/s Aabid & Co, Practicing Company Secretaries, in line with SEBI's Regulation 24A requirement. The review covered compliance with the SEBI Act, SCRA, and key SEBI regulations including LODR, Insider Trading, and Takeover norms. One non-compliance was flagged: under Regulation 46 of SEBI LODR Regulations, the company delayed updating a change on its website beyond the mandatory two-working-day window, citing a transition in its website vendor. Internal controls have since been strengthened to avoid recurrence. A separate minor penalty was noted by the stock exchange for non-compliance related to the constitution of the Nomination and Remuneration Committee under Regulation 19. All other compliance areas, including secretarial standards, related-party transactions, insider trading, and event disclosures, were found satisfactory.
This is a routine annual compliance disclosure with only minor procedural lapses, no material financial impact for shareholders, and no expected effect on the stock price. The company has acknowledged the issues and committed to stronger controls going forward.