We are enclosing herewith Annual Secretarial Compliance Report for the year ended March 31, 2025
TOKYOPLAST · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Tokyo Plast International Ltd submitted its Annual Secretarial Compliance Report for FY2024-25 to BSE and NSE on May 30, 2025, prepared by Practicing Company Secretary Ashika Shetty. Three compliance deviations were flagged: (1) delayed filing of Q1 FY25 financial results after the August 8, 2024 board meeting (submitted on August 9 instead of within 30 minutes); (2) late intimation of cessation of Independent Director Mr. Chimanlal Andrjibhai Kutchhi; and (3) failure to file MCA forms for appointment of new Independent Director Mrs. Kinnari Sunny Charla by March 31, 2025, along with the board composition falling below 50% independent directors. Previous-year observations noted included delayed filing of May 2023 and July 2023 board meeting outcomes, and an insider trading violation by promoter group member Ms. Drashti Nandu (October 2023), which led to disciplinary action, a 5% penalty on transaction value, and Rs. 8,757 paid to the SEBI Investor Protection Fund. Overall, the company complied with secretarial standards, policy adoption, website disclosures, related-party approvals, and insider trading norms. No actions were taken against the company by SEBI or stock exchanges during the review period.
Minor procedural and filing lapses that have already been disclosed and addressed by management. These are compliance housekeeping issues rather than financial red flags, so the direct impact on shareholders or stock price is expected to be negligible. Investors may note the recurring pattern of delayed regulatory filings.