Rajesh Exports fined for multiple SEBI non-compliance issues in FY2025

Rajesh Exports Limited's Secretarial Compliance Report for the financial year ended March 31, 2025, reveals several instances of non-compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company was fined for not complying with rules on non-executive directors over 75 years old, incurring a fine of INR 122,000 each from BSE and NSE.

Additionally, Rajesh Exports faced fines of INR 926,000 each from BSE and NSE for delays in its Board composition, including failing to appoint a woman director and constitute a nomination and remuneration committee. Further non-compliances included delays in submitting corporate governance compliance reports, shareholder complaint statements, financial results, and shareholding patterns, resulting in various fines from both exchanges.

The report also noted fines for delays in submitting the Annual Secretarial Compliance Report for March 2025 and delays in furnishing prior intimation about board meetings. Rajesh Exports has filed replies and requested waivers for some fines, with BSE and NSE having already waived some.