Annual Secretarial Compliance Report for FY 24-25
UTKARSHBNK · price
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Utkarsh Small Finance Bank has submitted its Annual Secretarial Compliance Report for the financial year ended March 31, 2025, as required under SEBI LODR Regulation 24A. The report, issued by BNP & Associates (Practicing Company Secretaries), confirms that the Bank complied with all applicable SEBI regulations, including insider trading norms, LODR provisions, and listing requirements. All 13 compliance areas reviewed were marked as complied, with no new non-compliances or actions taken by SEBI or stock exchanges during the review period. The Bank has no subsidiaries, no disqualified directors, and no statutory auditor resignations to report. The only historical note is a prior-year minor penalty of Rs. 11,800 paid by the Bank to BSE for a delay in submitting a record date notice in September 2023, which has already been resolved.
This is a routine annual compliance filing with no new violations or penalties, signalling clean governance and regulatory adherence for the year. Shareholders should view this as a positive housekeeping disclosure with no material impact on the stock price, though it reinforces confidence in the Bank's internal compliance systems.