Annual Secretarial Compliance Report for FY 2024-25
ZFSTEERING · price
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ZF Steering Gear (India) Limited has submitted its Annual Secretarial Compliance Report for the financial year ended March 31, 2025, as required under SEBI's Listing Regulations. The report was prepared by M/s. SIUT and Co. LLP, Practicing Company Secretaries, and signed on May 17, 2025. The PCS reviewed the company's compliance with SEBI Act, SCRA, Listing Regulations, Insider Trading Regulations, Takeover Regulations, and related circulars for FY 2024-25. The company was found compliant across all 13 parameters checked, including secretarial standards, board policies, website disclosures, related party transactions, and insider trading norms. No deviations, penalties, or actions by SEBI or stock exchanges were reported during the year. The filing also notes the company's subsidiaries: one joint venture (Metacast Auto Private Limited) and two wholly-owned subsidiaries (DriveSys Systems and NexSteer Systems).
This is a routine annual regulatory filing with no material business impact for shareholders. The clean compliance record, with no penalties or non-compliance flagged, reinforces that the company is meeting its listing obligations, which is mildly positive for governance perception but unlikely to move the stock price.