Teesta Agro Industries Limited, a listed company on BSE with security code 524204, has officially submitted its Annual Secretarial Compliance Report for the financial year ended March 31, 2025. The report was prepared and certified by M/s. Rantu Das & Associates, Practicing Company Secretaries, Kolkata, and submitted to the Department of Corporate Services at BSE Limited on May 30, 2025.

This compliance report is a crucial document under the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015, aimed at ensuring transparency, good corporate governance, and adherence to statutory norms by listed entities.

Key Highlights of the Compliance Report

• Examination and Scope: The secretarial audit firm examined all relevant documents, filings with stock exchanges, website disclosures, and other regulatory submissions made by Teesta Agro Industries Ltd during the review period from April 1, 2024, to March 31, 2025.

• Regulatory Framework Covered: The compliance status was evaluated under various SEBI regulations, including SEBI Act, Securities Contracts (Regulation) Act, 1956, SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, SEBI (Prohibition of Insider Trading) Regulations, 2015, and others applicable to the entity.

• Secretarial Standards: The company complied fully with the applicable Secretarial Standards issued by the Institute of Company Secretaries of India (ICSI) under the Companies Act, 2013.

• Policies Adoption and Updates: All required policies under SEBI regulations were adopted and periodically reviewed with approvals from the Board of Directors.

• Website Disclosures: Teesta Agro maintained a functional website with timely updates of mandatory disclosures under a separate compliance section.

• Director Disqualifications: No directors were disqualified under Section 164 of the Companies Act, 2013 during the review period.

• Subsidiary Companies: The company does not have any material subsidiary companies; hence related disclosure requirements were not applicable.

• Document Preservation: Records were preserved and maintained as per SEBI regulations and the company’s archival policies.

• Performance Evaluation: Annual performance evaluations of the Board, Independent Directors, and Committees were conducted as mandated.

• Related Party Transactions: All related party transactions were approved by the Audit Committee with proper disclosures.

• Insider Trading Compliance: The company complied with insider trading regulations, ensuring prevention of misuse of unpublished price-sensitive information.

• Regulatory Actions: There were no actions taken against the company or its promoters/directors by SEBI or stock exchanges during the review period.

• Non-Compliance Note: The only noted non-compliance was a delayed filing of audited financial results for FY 2023-24, which was subsequently regularized by the company by June 12, 2024.

Observations on Auditor Resignation Compliance

The report also covers compliance regarding the resignation of statutory auditors as per SEBI circular CIR/CFD/CMD1/114/2019. No resignation or related adverse events were reported during the year.

Conclusion

The Annual Secretarial Compliance Report for Teesta Agro Industries Limited reflects the company’s commitment to maintaining high standards of corporate governance and regulatory compliance as prescribed by SEBI and other statutory authorities. The minimal observations and absence of any major non-compliance affirm the company’s proactive approach toward transparent disclosures and statutory adherence.

This report is a vital reassurance for shareholders, investors, and regulators regarding the company’s governance practices and compliance framework.

The Upcoming IPOs in this week and coming weeks are Ganga Bath Fittings, Victory Electric Vehicles International, Wagons Learning.

The Current active IPO are 3B Films, N R Vandana Tex Industries, Scoda Tubes, Neptune Petrochemicals.

Start your Stock Market Journey and Apply in IPO by Opening Free Demat Account in Choice Broking FinX.

Join our Trading with CA Abhay Telegram Channel for regular Stock Market Trading and Investment Calls by CA Abhay Varn - SEBI Registered Research Analyst.