Caspian Corporate Services Ltd — Updates, 30-05-2025: Company Update

Caspian has announced its Annual Secretarial Compliance Report for the year ended March 31, 2025, issued by Shalini Pandey & Associates. The report confirms overall compliance with applicable SEBI regulations and Company Law, with noted exceptions including delayed disclosure of a corporate guarantee and independent director appointment on a material unlisted subsidiary. The company also faced a fine of Rs. 35,400 for late submission and correction of quarterly financial results due to an inadvertent error in cash flow reporting. Management has addressed past delays and is actively seeking to appoint an independent director on the subsidiary’s board. No auditor resignations or additional non-compliances were reported.