Annual Secretarial Compliance Certificate for the year ended March 31, 2025.
TOLINS · price
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Tolins Tyres Limited (BSE: 544254, NSE: TOLINS) filed its Annual Secretarial Compliance Report for FY ended March 31, 2025, as required under SEBI LODR Regulation 24A. The report was issued by Practicing Company Secretary CS Pramod S, confirming overall compliance with SEBI regulations, Secretarial Standards, insider trading rules, and disclosure requirements. The company, which listed on BSE and NSE on September 16, 2024, reported two minor non-compliances: a one-day delay in submitting prior intimation of a November 13, 2024 board meeting to BSE (drawing an SOP fine of Rs. 11,800 including GST), and a 12-day delay in filing the Q2 Monitoring Agency Report and Statement of Deviation (filed November 26, 2024 instead of November 14, 2024). The company acknowledged both delays, attributed them to a BSE platform technical issue and internal review timelines, and committed to corrective measures.
This is a routine annual compliance filing with no material negative implications for shareholders. The two minor delays resulted in only a small fine (Rs. 11,800) and no penalties for the second instance, with management pledging to strengthen internal processes going forward.