Virat Leasing Ltd — Updates, 23-05-2025: Company Update

Virat Leasing Limited submitted its Annual Secretarial Compliance Report for the financial year ended March 31, 2025. The report confirms overall compliance with applicable SEBI regulations and corporate governance requirements, with no outstanding or new observations. The company maintains updated policies, a functional website, and conducts regular board and committee evaluations. All related party transactions received prior Audit Committee approval. There were no regulatory actions against the company or its promoters during the period. The statutory auditor resigned due to preoccupation, and the company complied with the necessary procedural requirements. A fine of Rs. 1,41,600 was imposed by BSE for a temporary lapse in having a Chairperson for the Stakeholder Relationship Committee, with a waiver request pending.