Annual Secretarial Compliance Report for the year ended March 31,2025 as per Regulation 24A of SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015 ('Listing Regulation')
VIKASLIFE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Vikas Lifecare submitted its Annual Secretarial Compliance Report for FY ended March 31, 2025, audited by Avinash K & Co, Company Secretaries. The report flags two minor compliance issues: (1) a SEBI penalty of Rs. 2,00,000 imposed under Section 15HB of the SEBI Act via an Adjudication Order dated February 6, 2025, which has been paid, and (2) fines of Rs. 14,000 each from BSE and NSE for a 7-day delay in submitting the Annual Report, which have also been paid. Apart from these, the company was found compliant with all applicable SEBI regulations, secretarial standards, related-party transaction norms, insider trading rules, and listing obligations. No directors are disqualified, no statutory auditor resigned during the year, and no fresh SEBI or stock exchange action was initiated. The company has two subsidiaries (Genesis Gas Solutions and Shashi Beriwal & Company), neither classified as a material subsidiary. Minor delays in website disclosures were noted and advised for correction.
This is a routine annual compliance filing with no material impact on shareholders. The penalties mentioned are small (Rs. 2.28 lakh in total), already paid, and historical in nature. Investors should note the SEBI Section 15HB penalty, which could indicate past lapses in disclosure, but no fresh actions or ongoing concerns were reported.