Annual Secretarial Compliance Report for FY 2024-25
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Vision Corporation Limited (BSE Scrip: 531668) has submitted its Annual Secretarial Compliance Report for the financial year ended March 31, 2025, as required under Regulation 24A of SEBI LODR Regulations, 2015. The report was issued by M/s. S.K. Dwivedi & Associates, Practicing Company Secretaries. Two non-compliance observations were flagged for FY 2024-25: discrepancies in all quarterly Corporate Governance reports filed (Regulation 27(2)(a)) and the company's website being under maintenance and non-functional (Regulation 46). The report also carried forward a previous-year observation regarding a delay in filing the outcome of the Board Meeting held on May 30, 2023 (Regulation 30). No monetary fines were imposed, and no action was taken by SEBI or the stock exchanges against the company during the review period.
The flagged non-compliances point to weaknesses in the company's corporate governance practices and disclosure timeliness, which are red flags for retail investors. While there are no immediate financial penalties or regulatory penalties, repeated governance lapses and a non-functional website may affect investor confidence and signal poor compliance culture.