Annual Secretarial Compliance report for financial year ended 31.03.2025
VIJIFIN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Viji Finance filed its Annual Secretarial Compliance Report for the financial year ended 31 March 2025, prepared by Practicing Company Secretary Ramesh Chandra Bagdi. The report flagged one compliance deviation under SEBI LODR Regulation 33(3)(b): the company did not submit consolidated financial results for the quarter and year ended 31 March 2024, because its wholly owned subsidiary, Viji Housing Finance Limited, ceased to be a subsidiary during that period. NSE imposed a fine of Rs. 1,94,700 (including GST) on this count, and the company has applied for a waiver. All other compliance areas reviewed — Secretarial Standards, board policies, website disclosures, director disqualification, related party transactions, and insider trading — were marked as compliant. The report also notes a change in statutory auditors, with Shyam Nagori & Company retiring at the 30 September 2024 AGM and Dharmendra K Agarwal & Co., Chartered Accountants (FRN 025525C), appointed for a fresh five-year term. NSE additionally sought clarifications from promoter Vijay Kothari on share acquisitions exceeding the SAST Regulation 3(2) limit, an issue dating to FY 2023-24.
This is a routine annual governance filing with one minor compliance lapse attracting a modest NSE fine that the company is contesting through a waiver application. Limited direct impact on shareholders, though the auditor change and unresolved promoter share acquisition query are worth tracking.