Ramasigns Industries Ltd — Updates, 31-05-2025: Company Update
Ramasigns Industries Limited’s Annual Secretarial Compliance Report for FY ended March 31, 2025, highlights multiple delays and non-submissions of mandatory filings, including shareholding patterns, reconciliations, half-yearly debt securities statements, and Stock Exchange compliance certificates. The company faced difficulties tracking and submitting filings mainly due to the resignation of its Company Secretary, leading to several penalty levies, some of which remain unpaid. Shareholder approval for two Additional Independent Directors appointed in March 2024 was obtained only at the AGM in September 2024, beyond the prescribed three-month period. The company continues to address these compliance gaps while maintaining overall adherence to Secretarial Standards and related party transaction approvals.
