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Rajasthan Petro Synthetics LtdUpdates, 30-05-2025: Company Update

30-05-2025 | 07:21 pm

Rajasthan Petro Synthetic Limited complied with most regulatory requirements during the year but showed gaps in corporate governance disclosures. The company did not disclose meetings of the Nomination and Remuneration Committee in its governance report despite holding them. Related party transactions were fully reported to the Stock Exchange but lacked prior Audit Committee approval and were omitted from the governance report. Audit Committee attendance figures varied between disclosures. The company also failed to close the trading window around financial result announcements, a key compliance lapse. No penalties or auditor resignations were reported. These issues highlight areas needing tighter governance controls.

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