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

Polytex India Limited has submitted its Annual Secretarial Compliance Report for the year ended March 31, 2025, confirming adherence to applicable SEBI regulations and corporate governance standards. The company maintained proper records, conducted performance evaluations, and complied with related party transaction approvals. No director disqualifications or auditor changes occurred during the year. However, minor delays in filing shareholding patterns, annual reports, and certain regulatory certificates resulted in fines imposed by BSE, which remain unpaid due to fund constraints. The Reserve Bank of India canceled the company’s NBFC registration, impacting its non-banking financial activities.