Vintron Informatics Limited, a Delhi-based company, has submitted its Annual Secretarial Compliance Report for the Financial Year 2024-25, revealing a series of regulatory non-compliances that may raise concerns among investors and regulatory bodies.

Key Violations

The report highlights several areas where the company failed to meet regulatory requirements:

1. Delayed Submissions: The company submitted its shareholding pattern for the quarter ended March 31, 2025, on April 19, 2025, with a revised version filed on June 6, 2025, indicating potential discrepancies in the initial filing.

2. Insider Trading Regulations: Until September 2024, Vintron Informatics failed to maintain proper records of Unpublished Price Sensitive Information (UPSI) entries, a crucial requirement under SEBI's Prohibition of Insider Trading Regulations.

3. Late Payment of Listing Fees: The company failed to pay its annual listing fees to the stock exchange within the stipulated time for both FY 2024-25 and FY 2025-26. The fees for FY 2024-25 were paid on August 15, 2024, while those for FY 2025-26 were settled on June 16, 2025.

4. Disclosure Failures: The company did not inform the stock exchange about the resignation of its statutory auditor within the prescribed period. Similarly, it failed to disclose the proceedings of its adjourned 33rd Annual General Meeting (AGM) in a timely manner.

5. Board Composition Issues: Following the resignations of several directors in March 2025, the company lacks an independent woman director and proper composition of its board committees, including the Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee.

6. Non-Compliance with Insider Trading Regulations: The company failed to close the trading window for the quarter ended March 2025 within the prescribed time frame.

7. Delayed Director Appointments: The company appointed additional directors on August 22, 2024, but they were only confirmed as directors in the adjourned AGM held on October 7, 2024, instead of the original September 30, 2024 date.

Financial Reporting and Regulatory Filings

Vintron Informatics also faced issues with timely submission of financial results and regulatory reports:

• The annual financial results for FY 2023-24 were submitted late on June 30, 2024, resulting in a fine of Rs. 1,82,900.
• The Secretarial Compliance Report for FY 2023-24 was submitted on July 19, 2024, beyond the prescribed deadline.

Previous Year Penalties

The report also mentions penalties from the previous year totaling over Rs. 5 lakh for various compliance failures, including:

Management Response

The company has stated that it is looking for suitable candidates to address the board composition issues. For other compliance matters, Vintron Informatics has either paid the required fines or is taking steps to rectify the situations, including filing for compounding of offences with the Regional Director in Delhi for certain violations.

These multiple instances of non-compliance raise questions about the company's corporate governance practices and internal control systems. Shareholders and potential investors may need to closely monitor Vintron Informatics' efforts to address these issues and improve its regulatory compliance in the coming months.

Vintron Informatics Limited has announced a significant business development, securing a contract worth approximately Rs. 25.00 crore from M/s Hanish Buildcon Infra Ventures Private Limited. The contract, spanning 12 months, involves the provision and installation of CCTV systems with data storage elements, along with miscellaneous electronic and electrical work.

Contract Details

The contract, awarded by a domestic entity, encompasses the following key aspects:

• Value: Approximately Rs. 25.00 crore
• Duration: 12 months
• Scope: Providing and fixing CCTV systems with data storage elements, along with miscellaneous electronic and electrical work
• Client: M/s Hanish Buildcon Infra Ventures Private Limited

Project Commencement

The commencement date for the project will be communicated after site clearance is obtained from the concerned authority. This approach ensures that all necessary approvals are in place before work begins, potentially minimizing delays and complications during the execution phase.

Corporate Governance and Transparency

Vintron Informatics has confirmed that the contract does not involve any promoter group interest or related party transactions. This disclosure aligns with the company's commitment to transparency and good corporate governance practices.

Regulatory Compliance

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Vintron Informatics has made a formal disclosure to the Bombay Stock Exchange. The company has provided detailed information about the contract in accordance with SEBI Circular CIR/CFD/CMD/4/2015 dated September 9, 2015.

Company Outlook

This contract represents a significant business opportunity for Vintron Informatics, potentially boosting its revenue and market presence in the electronic security and infrastructure sector. The successful execution of this project could position the company for similar contracts in the future, contributing to its growth trajectory.

Investors and stakeholders will likely monitor the progress of this project closely, as its successful completion could have positive implications for the company's financial performance and market standing.