Kothari Industrial Corporation Ltd — Updates, 28-05-2025: Company Update

Kothari Industrial Corporation Limited has submitted its Annual Secretarial Compliance Report for FY 2024-25, confirming overall adherence to SEBI regulations and corporate governance norms. The report notes one area requiring attention: the promoter and promoter group shareholding is not fully dematerialized, though the company has initiated steps to ensure complete dematerialization. There are no subsidiaries, no auditor resignations, and no actions taken against the company or its directors by regulatory authorities. All key policies are updated and disclosed timely, and board evaluations and related party transaction approvals are in place, reflecting solid compliance for shareholders’ confidence.