Pursuant to Regulation 24A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with the relevant circular(s) issued by SEBI/Exchanges from time to time, ....
INDHOTEL · price
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Indian Hotels Company Ltd has submitted its Annual Secretarial Compliance Report for the financial year ended March 31, 2025, as required under SEBI (LODR) Regulations 2015. The report, issued by Neville Daroga and Associates (Practicing Company Secretary), confirms that the company has broadly complied with all applicable SEBI regulations including LODR, Insider Trading, and other circulars. One minor deviation was noted — a delay of a few hours in disclosing the proceedings of the AGM held on June 14, 2024, caused by a technical glitch. Stock exchanges issued cautionary letters for this delay, but no fine was imposed. The company has since taken steps to prevent such instances. All other compliance areas — secretarial standards, policies, website disclosures, director eligibility, subsidiary disclosures, document preservation, performance evaluation, related party transactions, and insider trading — were found to be in order. No action was taken against the company by SEBI or the exchanges, and there were no resignations of statutory auditors.
This is a routine annual compliance filing with no material adverse findings. The only blemish is a minor technical delay in AGM disclosure that resulted only in a cautionary letter and no financial penalty, suggesting no meaningful impact on shareholders or the stock price.