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Vivimed Labs Ltd. Audit Report / Information 2023
61575_rns_2023-05-22_331923c3-5f2f-4cf1-8e95-2a7aa1369862.pdf
Audit Report / Information
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Date: 22.05.2023
To BSE Limited P.J.Towers, Dalal Street, Mumbai — 400001 BSE - Code : 532660
National Stock Exchange of India Ltd. Exchange Plaza,Plot no. C/1, G Block, Bandra-Kurla Complex, Bandra (E) Mumbai - 400 051 NSE- Symbol: VIVIMEDLAB
Dear Sir / Madam,
Sub: Secretarial Compliance Report for the year ended 31% March, 2023
Pursuant to Regulation 24A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD1/27/2019 dated 8% February, 2019 please find enclosed herewith the Annual Secretarial Compliance Report dated May 20, 2023 issued by Mr.N.V.S.S.Suryanarayana Rao M/s.N.V.S.S.Suryanarayana Rao, Practicing Company Secretary (ACS No.5868 & CP No.2886) Secretarial Auditor of the Company for the financial year ended 31° March, 2023.
Kindly take the same on record and display the same on the website of your exchange.
Vivimedl ib
*/
Thanking you Yours Truly, For Vivimed Labs Limited
K.Yugandhar ve Val FNS
Company Secretary
Enct:a/a
Corporate Office:
NCC House, 4th Floor (Western Wing), Sy. No.64, Madhapur, Hyderabad, Telangana — 500 081, India. GSTIN: 36AAACV6060A12Q T +91 (0) 40-6608-6608, F +91(0) 40-6608-6699
N.V.S.S. SURYANARAYANA RAO Mobile: 9849567451.
B.Com, A.C.S.
COMPANY SECRETARY IN PRACTICE
Annual Secretarial Compliance Report of M/s.Vivimed Labs Limited for the financial year ended 31* March, 2023 (CIN: L02411KA1988PLC009465)
Registered Office: Plot No. 78-A,Kolhar Industrial Area, Bidar, Karnataka. India — 585403
I, N.V.S.S.Suryanarayana Rao, Practicing Company Secretary (ACS No.5868 & CP No.2886) have examined:
- (a) all the documents and records made available to us and explanation provided by M/s.Vivimed Labs Limited
- (b) the filings/ submissions made by the listed entity to the stock exchanges,
- (c) website of the Company,
- (d) any other document/ filing, as may be relevant, which has been relied upon to make this certification,
for the year ended 31' March, 2023 in respect of compliance with the provisions of :
- (a) the Securities and Exchange Board of India Act, 1992 ("SEBI Act") and the Regulations, circulars, guidelines issued thereunder; and
- (b) the Securities Contracts (Regulation) Act, 1956 ("SCRA"), rules made thereunder and the Regulations, circulars, guidelines issued thereunder by the Securities and Exchange Board of India ("SEBI");
The specific Regulations, whose provisions and the circulars/ guidelines issued thereunder, have been examined, include:-
- (a) Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015;
- (b) Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 : Not Applicable during the year under review
- (c) Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011;
- (d) Securities and Exchange Board of India (Buyback of Securities) Regulations, 2018; : Not Applicable during the year under review
- (e) Securities and Exchange Board of India (Share based employee benefits and Sweat Equity) Regulations, 2021;
Office: Plot No.232 B, Road No.6, Samathapuri Colony, New Nagole, Hyderabad - 500 035. [email protected]
- (f) Securities and Exchange Board of India (Issue and Listing of Non-Convertible Securities) Regulations, 2021; Not Applicable during the year under review
- (g) Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015;
- (h) Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018;
| (f) Securities and Exchange Board of India (Issue and Listing of Non-Convertible Securities) Regulations, 2021; Not Applicable during the year under review |
|||
|---|---|---|---|
| (g) Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015; | |||
| (h) Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018; | |||
| and based on the above examination, I/We hereby report that, during the Review Period: | |||
| Sr.No. | Particulars | Compliance Status |
Observations/ Remarks by |
| Secretarial Standards: | (Yes/NO/NA) | PCS | |
| compliances The entity of the listed are in accordance applicable with Secretarial the Standards (SS) issued by the Institute of Company Secretaries India (ICSI) |
Yes | ||
| Adoption and timely updation of the Policies: * All applicable policies under SEBI Regulations are adopted with the approval of board of directors of the listed entities |
Yes | ||
| SEBI conformity with the policies All are in ¢ reviewed Regulations been and & timely has updated regulations/ circulars/ per the as guidelines issued by SEBI |
Yes | ||
| Maintenance and disclosures on Website: maintaining The functional Listed entity a is * website |
Yes | ||
| Timely documents/ dissemination of the ¢ information under a separate section on the Website |
Yes | ||
| Web-links provided annual corporate in ¢ governance Regulation under reports 27(2) are which accurate and specific re-directs the to |
Yes | ||
| relevant document(s) section of the website | |||
| Disqualification of Director: Company None Director of the of the are disqualified under Section 164 of Companies Act, 2013 |
Yes | ||
| examine Subsidiaries To related details of to listed entities: a. Identification of material subsidiary companies Requirements disclosure with respect of to b. |
Yes |
| 6 | Preservation of Documents: The listed entity is preserving and maintaining records as prescribed under SEBI Regulations and disposal of records as per Policy of Preservation of Documents and Archival policy prescribed under SEBI LODR Regulations, 2015. |
Yes | |
|---|---|---|---|
| $\overline{7}$ | Performance Evaluation: The listed entity has conducted performance evaluation of the Board, Independent Directors and the Committees at the start of every financial year as prescribed in SEBI Regulations |
Yes | |
| 8 | Related Party Transactions: a. The listed entity has obtained prior approval of Audit Committee for all Related party transactions b. In case no prior approval obtained, the listed |
Yes | All RPT Taken Prior Approval |
| entity shall provide detailed reasons along with confirmation whether the transactions were subsequently approved /ratified /rejected by the Audit committee |
NA | ||
| 9 | Disclosure of events or information: The listed entity has provided all the required disclosure(s) under Regulation 30 along with Schedule III of SEBI LODR Regulations, 2015 within the time limits prescribed thereunder. |
Yes | |
| 10 | Prohibition of Insider Trading: The listed entity is in compliance with Regulation $3(5)$ & $3(6)$ SEBI (Prohibition of Insider Trading) Regulations, 2015 |
Yes | |
| 11 | Actions taken by SEBI or Stock Exchange(s), if any: Actions taken against the listed entity/ its promoters/directors/ subsidiaries either by SEBI or by Stock Exchanges (including under the Standard Operating Procedures issued by SEBI through various circulars) under SEBI Regulations and circulars/ guidelines issued thereunder |
No | Details provided in Point No $12(a)$ below: |
| 12 | Additional Non-compliances, if any: additional non-compliance observed for all SEBI regulation/circular/guidance note etc. |
No | Please refer $12(a)$ below: |
| 3 | 2 | 1 | no Sr. |
|---|---|---|---|
| SEB I 20 (L 15 OD R) |
SEB I 20 (L 15 OD R) |
SEB I 20 (L 15 OD R) |
(R Re Co /g in eg cir qu spe ui mp cla cl ul ir de cul li cif ud use at li em an in ars io ic ) ne en ce g ns s t / |
| 14 | 34 | 33 | Ci Re rc gu ul la ar ti N on o. / |
| The lis not c tin p g om aid fee pa A t ny nn ot ua he has l |
wit An No FY nu h n- al 20 in su R 21 tim bm pre & ep e is scr F or si t Y22 ibe on for d |
for fin De Qu anc la ar the y te ial F r/ in r Y Y fil esu ea 20 ing lts r 22 |
De vi at io ns |
NS BS & E E |
NS BS & E E |
NS BS & E E |
Ta Ac by ke ti n o n |
| su sp lea It en ma d si y to on |
pr pe Fr om na sha ee SO lt ot of res zi P y er ng s & |
pe SO na lt P y |
Ac Ty ti pe on o f |
| lis Not tin p g aid tim fee A w e nn ith ua i l n |
wit An No FY nu h n- al 20 in su 21 tim bm pre Re & e is po scr F rt si Y22 ibe f on or d |
thi wit pr No fin s Qu es hin the n- anc ar reg cr su F t te ial ib ula bm Y r/ ed he r tio is Y 20 u esu per si 22 n ear nd lts on iod er for |
De Vi ta ol il at s io n of |
| An fee nu am f al ou or l nt ist BSE ing |
Rs .1 6, 87 - ,0 22 / |
Rs .5 00 0/ - |
Fin e Am ou nt |
| No t pa id |
pa pai ym Par en d t t |
Fin e pai d |
O Pr Co Se Re bs ac cr of er mp ns ma ti et va / the rk an ci ar ti s ng y y o |
| co wil mp Th l e an pa y y |
Re su FY co An po bm 20 20 mp Th nu rt it 23 22 an e al s te - y d in |
te Du iss ch e ni ues ca to l |
Ma Re sp na ent on ge se m |
| - | - | - | Re ma rk s |
(a) The listed entity has complied with the provisions of the above regulations and circulars/ guidelines issued thereunder, except in respect n:atters specified below:-
of
The
Additional
disclosures
of
Annual
Secretarial
Compliance
Report
as
below:-
| 20 15 SEB Ag a I re nd em (L OD en lis R) t tin g |
MD SE Ja Cir /C BI /12 nu IR /H cul 20 d ar /P O/ ar 20 y ate CF /2 No. 22, d D/ 02 C 0 |
|
|---|---|---|
| wit 09 30( no. reg md 4(1 ag reg 4(1 reg 20 wit 30( and of /0 h cir 9) /4 re )(e cir ula dat 15 )(d wi (lo ula ula h 6) 9/ lis cla cul /2 em ) th /cf tio ) ed dr) of rea tio tio 20 seb tin rea 01 en ar use and rea d/c and ns, seb 15 d i g ns ns 5 t d d i 2 |
/C SE Cir MD BI 20 cul /C /H 20 ar /1 IR O/ 2 /P CF No. D / |
|
| ma dis rai dis ex ki reg sin clo clo sub ch not ng st ard g sur an sid sur ep act in ge ma e do iar e to ivi ad s ki to wn an ies eq fun ng tie wit d/ sto ua s d h or te ck in |
wit An No FY nu h n- al 20 in su R 21 tim pr bm ep e es is & or cr si FY2 t ib on 2 ed for |
for sto t ck he 202 Ex FY ch 3 an 20 22 ge - s |
| SE BI |
BSE NSE & |
|
| Pe na lt y |
su of in sp tra sha en din si res on g |
of in tr sha ad res in g |
| ma dis rai dis ex ki reg sin clo sub clo ch ng not st ard g sur an sur sid ep act in ge ma e do iar e to ivi ad s ki to wn an ies eq fun ng tie wit d/ sto ua s d h or te ck in |
wit An No FY nu h n- al 20 in su R 21 bm pre ep is & scr or si FY2 t ibe on 2 for d |
|
| Rs .5 ,0 0, 00 0/ - |
Rs .1 6, 87 ,0 22 /- |
Rs Rs NSE .3 .3 .0 a ,5 6, 4, mo 80 00 un 0/ 0/ - t - & |
| Pa id |
pa ym pai Par en d t t |
|
| - | su Re co FY An bm po 20 mp 20 The nu rt it 23 22 an al s te - y d in |
the fee lis tin g |
| 2015 SEBI (10DR) |
Sr. no (Regulations/ Requirement Compliance guidelines including circulars/ specific clause) |
The listed entity has taken the following actions to comply with the observations made in previous reports: | ||
|---|---|---|---|---|
| (NVSS SURYANARAYANA RAO) PRACTICING COMPANY SECRETARY C.P.NO. 2886 ACS NO. 5868 |
34 | Regulation/ Circular No. |
||
| submission prescribed Report for FY 2021 with in Annual time Non- |
Deviations | |||
| practicing | BSE & NSE |
Action Taken $\mathcal{S}$ |
||
| Compan Vdefabec VIElang |
penalty SOP |
${\rm Type~of}$ Action |
||
| submission prescribed Report for with in FY 2021 Annual Non- |
Details of Violation |
|||
| Rs.2,21,000 | Amount Fine |
|||
| pied | the Practicing Observations/ Remarks of Secretary Company |
|||
| Report for FY FY2022-2023 The company submitted 2021 in Annual |
Management Response |
|||
| ı | Remarks |