Please find enclosed herewith annual secretarial compliance report of the company for the year ended 31/03/2025.
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Vikram Thermo India Ltd submitted its Annual Secretarial Compliance Report for FY2024-25 to BSE on May 26, 2025, as required under SEBI LODR Regulation 24A. The report was certified by M/s A. Shah & Associates, Practicing Company Secretaries (Anish B. Shah, FCS 4713). The company was found largely compliant across all 13 checklist areas, including Secretarial Standards, insider trading norms, related party transactions, event disclosures, and board performance evaluations. One recurring non-compliance was flagged: the Statutory Auditor's details remain not updated on the BSE Listing Center's Management details tab, despite the company claiming corrective steps were taken. No penalties, fines, or actions were imposed by SEBI or the stock exchanges during the review period.
Overall compliance posture is satisfactory with no monetary penalties, but a repeated lapse in updating Statutory Auditor details on BSE may draw mild governance scrutiny from investors and regulators.