Please find enclosed the Secretarial Compliance Report for the year ended March 31, 2025
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Tierra Agrotech Limited has filed its annual Secretarial Compliance Report with BSE for the financial year ended March 31, 2025, as required under SEBI's listing regulations. The Practicing Company Secretary reviewed the company's adherence to SEBI regulations, circulars, the Companies Act, and Secretarial Standards, and found no deviations, violations, or non-compliances during the year. The company also confirmed there were no prior observations to remedy, no actions taken against it by SEBI or stock exchanges, and no resignation of statutory auditors. One notable corporate action was noted: Tierra Seed Science Private Limited, a wholly owned subsidiary, was merged into Tierra Agrotech Limited following a Regional Director's order dated February 11, 2025, leaving the company with no subsidiaries as of March 31, 2025.
This is a routine regulatory filing with a clean compliance record, indicating no governance red flags. The merger of the wholly owned subsidiary streamlines the corporate structure but is unlikely to materially affect shareholders, as it was an internal consolidation with no cash outflow or share dilution mentioned.