Competent Automobiles has submitted its Annual Secretarial Compliance Report for the fiscal year, confirming overall adherence to applicable SEBI regulations.

The company maintained required policies, disclosures, and website updates, with no director disqualifications or material subsidiaries except for one wholly-owned entity.

Some minor lapses included delayed formation of the Stakeholder Relationship Committee chairman and a late filing of related party transaction disclosures, both resulting in fines paid to the exchange.

No auditor resignations occurred during the period, and there were no significant non-compliances affecting the company’s governance or stakeholder interests.