Company Update

Supertex Industries Limited complied with most statutory requirements during the financial year, but faced some delays in submitting quarterly shareholding pattern reports and share capital audit reconciliations, resulting in fines paid to BSE.

The promoter shareholding is nearly fully dematerialized, with only a negligible portion pending due to misplaced certificates, which are being rectified.

All applicable corporate policies are adopted and updated on time, and the company maintains a functional website with proper disclosures.

No director disqualifications or auditor resignations occurred, and related party transactions received appropriate approvals.

Overall, compliance standards were met with minor delays addressed.