ALPHA TRIBE

Kerala Ayurveda LtdUpdates, 30-05-2025: Company Update

30-05-2025 | 08:39 pm

Kerala Ayurveda Limited’s Annual Secretarial Compliance Report for FY ended March 2025 highlights several governance and procedural observations. The company complied with most regulatory requirements but faced issues like delayed disclosures related to related party transactions, inadequate independent director representation briefly, late filling of key corporate events, non-standard signing of compliance certificates, and deficiencies in Annual Report disclosures including director remuneration and subsidiary details. The company is working on rectifying these gaps. The liquidation of its major shareholder, Katra Holdings Limited (holding 53.58%), was officially terminated by the Supreme Court of Mauritius, though an ongoing NCLT case involving Kerala Ayurveda and the promoters remains pending. No auditor resignations occurred during the period.

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