Northern Spirits Ltd — Updates, 26-05-2025: Company Update

Northern Spirits Limited has complied with most regulatory requirements during the financial year, including maintaining a functional website, adopting required policies, and conducting board performance evaluations. The company conducted all related party transactions with prior Audit Committee approval. There was a delayed submission of the statement on impact of audit qualifications in PDF mode, resulting in a Rs. 1.18 lakh fine, which the company has paid. No directors were disqualified, no auditor resignations occurred, and no additional regulatory non-compliances were noted. Overall, governance and compliance standards remain satisfactory.