Danube Industries Ltd — Updates, 21-05-2025: Company Update

Danube Industries Limited has confirmed full compliance with applicable secretarial standards, policies, website disclosures, and related party transaction approvals for the financial year ended March 31, 2025. There were no disqualified directors, subsidiaries, or auditor resignations during the period. The company faced minor regulatory lapses including delayed insider trading data capture, late disclosure of a director’s appointment, and shortfall in independent director representation on the Audit and Nomination & Remuneration Committees due to a resignation. These were addressed by appointing a new independent director and filing a waiver for delayed filings, with fines paid accordingly. No further enforcement actions are pending.