Jhaveri Credits & Capital Ltd — Updates, 30-05-2025: Company Update

Jhaveri Credits and Capital Limited’s Annual Secretarial Compliance Report highlights past incorrect disclosures of shareholding patterns from September 2011 to June 2023 and non-compliance with prescribed methods for achieving Minimum Public Shareholding, resulting in a SEBI penalty of ₹2 lakh, which the company has paid. The report confirms compliance with secretarial standards, timely policy updates, website disclosures, and related party transaction approvals. Prior delayed disclosures related to substantial share acquisitions and several past late submissions were also regularized, with fines settled. One promoter was penalized for insider trading violations involving trading during a closed window and contra trades. The company has taken steps to enhance future compliance and accuracy in disclosures.