Patspin India Ltd — Updates, 30-05-2025: Company Update

Patspin India Limited has submitted its Annual Secretarial Compliance Report for the financial year ended March 31, 2025, confirming overall adherence to applicable corporate governance and SEBI regulations. The report notes two procedural lapses: delayed intimation of the cessation of an independent director and excess unsecured loan availed without prior audit committee and shareholder approval amounting to Rs 3.98 Cr, which was later ratified. The company rectified errors in its corporate governance disclosures and submitted waiver requests for related penalties. No auditor resignations or significant compliance breaches were reported, and all other statutory requirements including policy updates, disclosures, and director qualifications were satisfactorily met.