Submission of Annual Secretarial Compliance Report under Reg.24(A) of the SEBI (LODR) Regulations 2015 for the F.Y 2024-25
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Virat Crane Industries Ltd has submitted its Annual Secretarial Compliance Report for FY 2024-25 to BSE, as required under Regulation 24(A) of SEBI (LODR) Regulations. The report, certified by practicing company secretaries K. Srinivasa Rao & Naga Raju Associates, confirms the company complied with all applicable SEBI regulations, secretarial standards, insider trading norms, and related party transaction rules during the year ended March 31, 2025. No new penalties, non-compliances, or regulatory actions were taken against the company, its promoters, or directors during the review period. The company has no subsidiaries, and no director is disqualified under Section 164 of the Companies Act, 2013. Two old matters from FY 2022-23 remain unresolved: a 76-minute delay in disclosing Q4 FY23 audited results and a 29-day delay in submitting Q3 FY23 results, with a BSE fine of Rs. 1,65,200 (including GST) still pending waiver decision.
This is a routine annual compliance filing with no material adverse impact on shareholders. The company is in good regulatory standing for FY 2024-25, though two legacy fine-related matters from FY 2022-23 remain pending resolution with BSE, which investors may want to monitor.