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SMVD Poly Pack Limited has submitted its Integrated Governance report for the quarter ended December 31, 2024, as per SEBI and NSE directives. The report highlights a total compliance with the recent governance requirements, focusing on investor grievance redressal. Notably, the company incurred a fine of ₹1.94 lakh due to prior non-compliance with the LODR framework, which they have since paid. Additionally, ongoing tax disputes remain unresolved, which may impose risks on future cash flow. These developments could lead investors to adopt a cautious stance, considering the potential operational impacts and financial obligations stemming from these litigations.