Thermax Limited has informed the Exchange regarding 'Annual Secretarial Compliance Report for the year ended March 31, 2025.'.
THERMAX · price
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Thermax Limited has submitted its Annual Secretarial Compliance Report (ASCR) for the financial year ended March 31, 2025, as required under Regulation 24A of SEBI's Listing Regulations. The report was prepared by SVD & Associates, Practicing Company Secretaries, and covers Thermax's compliance with SEBI Act, SCRA, LODR, Insider Trading, Takeover, and other applicable regulations. The report records NIL deviations, NIL penalties, and NIL actions taken by SEBI or stock exchanges against the company, its promoters, directors, or subsidiaries during the year. All 14 specific compliance areas checked — including secretarial standards, related party transactions, insider trading, website disclosures, director qualifications, and employee benefit scheme documents — were reported as fully compliant. There was no resignation of the statutory auditor during the period.
This is a routine, clean governance filing with no regulatory flags, penalties, or non-compliances reported, which reinforces confidence in Thermax's corporate governance practices. It is unlikely to have any material impact on the stock price but is mildly positive for long-term investor trust.