UpdatesCompany Update

Ventura Textiles Limited faced multiple compliance issues during the year.

Ventura Textiles Ltd516098 · Filed with the exchange

The company delayed appointing a qualified Company Secretary, resulting in a fine of Rs. 2.76 lakh, with the position filled on May 10, 2024. Filing delays occurred for corporate governance reports and the annual report, attracting fines paid promptly.

Listing fees were paid late due to financial difficulties.

The company also delayed informing the exchange about the completion of an independent director’s term.

While software for insider trading compliance was installed, some disclosure information is yet to be reflected.

The company has since taken corrective steps to meet regulatory expectations.

Read the original filing(PDF)

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