Ventive Hospitality Limited has submitted its Annual Secretarial Compliance Report for the financial year ended March 31, 2026. This report, prepared by SVD & Associates, Company Secretaries, confirms the company’s compliance with various SEBI regulations and adherence to good corporate practices. The report covers a comprehensive review of statutory provisions and corporate governance standards.
Annual Secretarial Compliance Report Filed
Ventive Hospitality Limited has officially filed its Annual Secretarial Compliance Report (ASCR) for the financial year concluding on March 31, 2026. This submission is made in accordance with Regulation 24A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Independent Review by Company Secretaries
The report was prepared by SVD & Associates, a firm of Company Secretaries. Their review encompassed the listed entity’s adherence to applicable statutory provisions and good corporate practices. The review period covered the financial year from April 1, 2025, to March 31, 2026. The findings and opinion of SVD & Associates are based on their examination of the listed entity’s books, papers, minutes, forms, returns, and information provided by its officers.
Scope of Compliance Review
The secretarial audit included verification of the company’s compliance with:
- The Securities and Exchange Board of India Act, 1992 and its associated regulations, circulars, and guidelines.
- The Securities Contracts (Regulation) Act, 1956, and related SEBI directives.
- Specific SEBI Regulations, including LODR, ICDR, SAST, SBEB, Insider Trading, Depositories, and Registrars to an Issue and Share Transfer Agents.
Key Compliance Areas Verified
The report details the compliance status for several critical areas:
- Secretarial Standards: The company’s compliances are in accordance with the applicable Secretarial Standards issued by the Institute of Company Secretaries of India.
- Policy Adoption and Updation: All applicable policies under SEBI Regulations have been adopted with Board approval and are updated in conformity with SEBI regulations and guidelines.
- Website Maintenance and Disclosures: The company maintains a functional website with timely dissemination of documents and accurate web-links for corporate governance reports.
- Director Disqualification: No Director of the Company is disqualified under Section 164 of the Companies Act, 2013.
- Subsidiary Disclosures: The company has identified material subsidiary companies and made necessary disclosures regarding them.
- Preservation of Documents: Records are being preserved and maintained as per SEBI Regulations and archival policies.
- Performance Evaluation: The company has conducted performance evaluations for the board, independent directors, and committees at the start of the financial year.
- Related Party Transactions: Prior approval of the Audit Committee has been obtained for related party transactions.
- Disclosure of Events/Information: All required disclosures under Regulation 30 and Schedule III of SEBI LODR have been made within the prescribed timelines.
- Prohibition of Insider Trading: The company is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015.
- Actions by SEBI or Stock Exchanges: No actions have been taken against the listed entity, its promoters, directors, or subsidiaries by SEBI or Stock Exchanges.
- Resignation of Auditors: There has been no resignation of statutory auditors from the listed entity or its material subsidiaries during the review period.
Conclusion
Overall, the Annual Secretarial Compliance Report indicates that Ventive Hospitality Limited has largely complied with the stipulated regulations and corporate governance norms for the financial year ended March 31, 2026. No significant additional non-compliances were observed outside those already reported.
Source: BSE
