Baroda Rayon Corporation Ltd — Updates, 30-05-2025: Company Update

The Baroda Rayon Corporation Limited’s Annual Secretarial Compliance Report for the financial year ended March 31, 2025 confirms general adherence to applicable laws and regulations, with no major deviations except that 100% of the promoter and promoter group shares are not yet in dematerialized form due to procedural delays; these shares are in the process of being dematted. The company settled secured debts of Rs. 63.22 Cr with strategic investors during the year and is negotiating settlement of unsecured loans in the next financial year. All required policies are adopted and updated timely, no directors are disqualified, and there are no subsidiaries or related party transactions impacting compliance. No actions were taken by SEBI or exchanges against the company.