Annual Secretarial Compliance Report for the year ended March 31,2025
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Victoria Mills Ltd has filed its Annual Secretarial Compliance Report for FY ending March 31, 2025, as required under SEBI LODR Regulation 24A, issued by Practicing Company Secretary Nilesh Shah & Associates. The company is largely compliant across key areas including secretarial standards, board policies, website disclosures, director eligibility, related party transactions, and insider trading norms. Three procedural lapses were noted: failure to open an unclaimed suspense Demat account within the 120-day deadline (due May 4, 2025), delayed XBRL filing of trading window closure intimation for Sept 2024 and Dec 2024 quarters, and a 7-day delay in XBRL submission of Q4 FY24 financial results. No fines were imposed by the exchange for these current-year deviations, and no SEBI or stock exchange actions were taken against the company. Previously, a Rs. 23,600 fine was levied for delayed related party transaction disclosure for the half-year ended March 2023.
These are minor procedural/technical compliance lapses with no penalties or material impact on shareholders. This is a routine annual regulatory filing and is unlikely to affect the stock price.