Revised Annual Secretarial Compliance Report as per prescribed format.
VIRINCHI · price
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Virinchi Limited has submitted its revised Annual Secretarial Compliance Report for FY 2024-25, certifying compliance with SEBI regulations including LODR, Insider Trading, and Takeover norms. The report, certified by Practicing Company Secretary G. Vinay Babu, covers 12 additional affirmations — all marked compliant with no observations. One minor deviation was noted during the year: a one-day delay in disclosing a resignation letter to the stock exchanges (disclosed on January 8, 2024 instead of within the required 7 days), which drew only a warning letter from NSE with no monetary fine. The report also confirms that six prior fines of Rs. 47,200 each (totalling Rs. 2.83 lakh) imposed by NSE and BSE for delayed listing of equity shares from a preferential issue have been paid in full.
This is a routine annual compliance filing with no material adverse findings. The minor disclosure delay and already-settled prior fines indicate administrative lapses rather than serious governance concerns, and should not have a meaningful impact on the stock price or shareholder sentiment.