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Mishtann Foods LtdUpdates, 29-05-2025: Company Update

29-05-2025 | 04:26 pm

Mishtann Foods Limited has announced its Annual Secretarial Compliance Report for the year ended March 31, 2025. The report confirms general adherence to applicable corporate governance and SEBI regulations, though with some exceptions. The company faced SEBI action regarding alleged fraudulent related-party transactions involving sale and purchase of goods, with an interim order restricting key promoters and the CFO from accessing the securities market. Appeals against this order are pending at the Securities Appellate Tribunal. The previous auditor resigned mid-year, replaced by a new auditor approved at an Extraordinary General Meeting. The company also experienced a major fire at its registered office in prior years, affecting records, but has since restored documentation from reliable sources.

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