Rain Industries has released its Secretarial Compliance Report for the financial year ended December 31, 2025. The report, issued by DVM & Associates LLP, confirms compliance with all applicable regulations, circulars, and guidelines. The compliance check covered regulations including listing obligations, disclosure requirements, insider trading prohibition, and depositories regulations.
Compliance Highlights
The Secretarial Compliance Report confirms Rain Industries’ adherence to various regulatory requirements for the financial year ending December 31, 2025. All provisions of the specified regulations and related circulars/guidelines have been duly followed.
Key Regulations Examined
The compliance review encompassed a thorough examination of several key regulations, including:
- Listing Obligations and Disclosure Requirements Regulations, 2015
- Issue of Capital and Disclosure Requirements Regulations, 2018
- Substantial Acquisition of Shares and Takeovers Regulations, 2011
- Buyback of Securities Regulations, 2018 (not applicable during the review period)
- Share Based Employee Benefits and Sweat Equity Regulations, 2021 (not applicable during the review period)
- Prohibition of Insider Trading Regulations, 2015
- Issue and Listing of Non-Convertible Securities Regulations, 2021 (not applicable during the review period)
- Depositories and Participant Regulations, 2018
Affirmations and Observations
According to the report:
- The company’s compliances align with applicable Secretarial Standards.
- Policies are updated in a timely manner and align with SEBI Regulations.
- Website maintenance and disclosures are functional and compliant.
- No directors are disqualified under Section 164 of the Companies Act, 2013.
- Details of Subsidiaries have been duly provided.
- The company is preserving and maintaining records as required under the regulations.
- Performance evaluations have been conducted.
- Related party transactions adhere to regulatory norms.
- Disclosure of events and information has been timely.
- Compliant with Prohibition of Insider Trading Regulations.
- There were no additional non-compliances observed.
Source: BSE