Swastika Investsmart Ltd — Updates, 30-05-2025: Company Update

Swastika Investmart Limited has submitted its Annual Secretarial Compliance Report for FY 2024-25, confirming general adherence to applicable SEBI regulations with noted exceptions. The company paid a Rs.3 lakh penalty for lacking requisite NISM certification but has since rectified this by qualifying the exam and submitting certificates. Several technical and procedural lapses were identified in regulatory filings, client collateral allocations, and documentation submissions, mostly due to back-office system issues. The company has implemented corrective measures including process updates, regular backups, and stricter supervision to prevent recurrence. No director disqualifications or auditor resignations occurred, and disclosures are maintained properly. These steps aim to strengthen compliance and governance, safeguarding shareholder interests.