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Space Incubatrics Technologies Limited, a listed company headquartered in Pawan Puri, Muradnagar, Ghaziabad, has submitted its Annual Secretarial Compliance Report for the financial year ended 31st March 2025 to BSE Limited, in accordance with Regulation 24A of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The report was prepared by Mrs. Sonia Rani, a Practicing Company Secretary, who conducted a detailed secretarial audit of the company's compliance with all applicable statutory provisions and adherence to corporate governance practices. The secretarial review was based on verification of the company's books, minutes, filings, policies, and other official records, as well as information provided by company officials.

Compliance with SEBI Regulations and Company Law

The report highlights that Space Incubatrics Technologies Limited complied with key regulatory frameworks including:

• The SEBI Act, 1992, and related regulations

• Securities Contracts (Regulation) Act, 1956

• SEBI Listing Obligations and Disclosure Requirements Regulations, 2015

• SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018

• SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

• SEBI (Prohibition of Insider Trading) Regulations, 2015

• Other applicable SEBI regulations

The company has established robust compliance mechanisms and board processes to ensure adherence to all applicable laws.

Key Observations from the Secretarial Audit

• Policies and Governance: The company has adopted and regularly updated all mandatory policies under SEBI regulations with timely Board approvals.

• Website Disclosures: The company maintains a functional website and disseminates required disclosures though updates are noted to be pending in some areas.

• Board and Committee Evaluations: Performance evaluation of the Board, Independent Directors, and Committees has been conducted as required.

• Related Party Transactions: Proper audit committee approvals have been obtained for related party transactions with transparent disclosure.

• Insider Trading Compliance: The company complied fully with the SEBI Insider Trading regulations and maintains a structural digital database.

• No Auditor Changes: There were no changes or resignations of statutory auditors during the review period, and audit terms remained unchanged.

• No Regulatory Actions: No actions were taken against the company or its promoters/directors by SEBI or stock exchanges.

Additional Compliance Areas

The report also confirms compliance with secretarial standards issued by the Institute of Company Secretaries of India, preservation of records as per SEBI guidelines, and proper disclosures under Regulation 30 for material events. No non-compliances or adverse observations were reported during the audit period.

This detailed Secretarial Compliance Report submission reflects Space Incubatrics Technologies Limited’s commitment to maintaining high standards of corporate governance, transparency, and regulatory compliance. The company continues to uphold stringent internal controls and governance frameworks as it progresses in its business endeavors.

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