Pursuant to Regulation 24A of SEBI(Listing and Disclosure Requirements )Regulations 2015, attached herewith the Annual Secretarial compliance Report for financial year ending 31st March 2025.
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Vivid Mercantile Limited has submitted its Annual Secretarial Compliance Report for the financial year ended 31 March 2025, as mandated under Regulation 24A of SEBI's Listing Regulations. The report, prepared by practising company secretary Neelam Rathi (Neelam Somani & Associates), confirms that the company is in compliance with all applicable SEBI regulations, secretarial standards, and listing requirements during the review period. None of the directors are disqualified under Section 164 of the Companies Act, all required policies are in place, and related party transactions received prior audit committee approval. No action has been taken by SEBI or the stock exchanges against the company, its promoters, or directors. No additional non-compliances were flagged, though the company has no material subsidiary and certain regulations (such as buyback, ESOPs, and non-convertible securities) were marked as not applicable to it.
This is a routine annual compliance filing with no adverse findings, which supports the view that Vivid Mercantile has met its regulatory obligations for FY25. There is no negative signal for shareholders, though the report itself is unlikely to move the stock price meaningfully.