Almondz Global Infra-Consultant Transitions from Wholly Owned to Subsidiary Status Aug 01, 2025
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25Jul 25
Almondz Global Securities Submits Revised Annual Secretarial Compliance Report
Almondz Global Securities Limited has submitted a revised Annual Secretarial Compliance Report, revealing a compliance deviation regarding the appointment of Mr. Surinder Singh Kohli as an independent director. This appointment violated SEBI regulations on appointing directors over 75 years old. As a result, both NSE and BSE imposed fines of Rs. 92,040.00 each. The company has paid the NSE fine and awaits a response from BSE on their waiver request. Despite this issue, the report indicates general compliance with other SEBI regulations and statutory provisions.