Befound Movement board to meet on May 30 to consider FY26 results

1 min read     Updated on 25 May 2026, 11:17 AM
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AI Summary

Befound Movement Limited has scheduled a board meeting for May 30, 2026, to approve the audited standalone financial results for the quarter and fiscal year ending March 31, 2026. The board will also review the Statement of Assets and Liabilities, Statement of Cash Flow, and the Auditor's Report. Additionally, the meeting will cover the adoption of related party transactions for FY26 and the appointment of an internal auditor. The trading window for designated persons remains closed from April 1, 2026, until 48 hours after the results are announced.

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Befound Movement has announced that its board of directors will meet on Saturday, May 30, 2026. The primary agenda of the meeting is to consider and approve the audited standalone financial results of the company for the quarter and financial year ended on March 31, 2026.

The board will also review the Statement of Assets and Liabilities and the Statement of Cash Flow. Along with the financial results, the directors are scheduled to take on record the Auditor's Report on the audited standalone financial results for the same period.

Agenda Items

The meeting will address several key business items, including the adoption of related party transactions pursuant to Regulation 23(9) of the SEBI (LODR) Regulations, 2015, for the year ended March 31, 2026. Furthermore, the board will deliberate on the appointment of an internal auditor.

The company stated that it will intimate the exchange regarding the standalone audited financial results upon the conclusion of the board meeting, in compliance with SEBI regulations.

Trading Window Closure

In a separate disclosure, the company noted that the trading window for dealing in the securities of the company remains closed. This closure, effective from April 1, 2026, applies to all designated persons and their immediate relatives covered under the company's Code of Conduct. The window will reopen 48 hours after the announcement of the audited financial results for the year ended March 31, 2026.

Historical Stock Returns for Befound Movement

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%+3.46%+2.37%-30.04%+5.99%+126.16%

How might Befound Movement's audited financial results for FY2026 compare to its previous year's performance, and what key metrics should investors watch for?

What potential implications could the related party transactions disclosed under SEBI Regulation 23(9) have on minority shareholder interests and corporate governance perception?

Who is likely to be appointed as the new internal auditor, and how could this appointment signal changes in the company's internal control and compliance framework?

Befound Movement Limited Files Annual Large Corporate Disclosure for FY 2025-2026

1 min read     Updated on 15 Apr 2026, 01:13 PM
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Befound Movement Limited submitted comprehensive annual disclosure to BSE Limited confirming its classification as 'Not a Large Corporate' under SEBI debt securities framework for FY 2025-2026. The disclosure covers 2-year block period 2023-2024 and 2024-2025, showing no applicable borrowing requirements or penalties, demonstrating regulatory compliance despite non-applicability of large corporate criteria.

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Befound Movement Limited has submitted its annual disclosure to BSE Limited confirming its status as 'Not a Large Corporate' under the Securities and Exchange Board of India framework for debt securities issuance. The comprehensive disclosure, filed on April 15, 2026, covers the company's compliance status for FY 2025-2026 and provides detailed financial information under the regulatory framework.

Annual Disclosure Framework

The company's annual disclosure is made pursuant to SEBI Circular No. SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018 read with SEBI Circular No. SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated October 19, 2023. These circulars establish the framework and applicability criteria for fund raising by issuance of debt securities by large entities. The company has confirmed that it does not meet the criteria to be classified as a 'Large Corporate' under this regulatory framework.

Current Block Financial Details

The disclosure provides comprehensive details of the company's financial position for the current 2-year block period covering 2023-2024 and 2024-2025:

Parameter Details
Block Period 2023-2024, 2024-2025
Incremental Borrowing in FY (T) Not applicable
Mandatory Debt Securities Borrowing Not applicable
Actual Debt Securities Borrowing NIL
Shortfall from Previous FY Not applicable
Current Year Shortfall Not applicable

Penalty Assessment Details

The company has also disclosed penalty-related information for the previous block period, confirming no applicable fines:

Parameter Details
Previous Block Period 2023-2024, 2024-2025
Fine Amount (0.2% of shortfall) Not applicable
Penalty Status No penalty applicable

Corporate Information

Befound Movement Limited, formerly known as Regency Trust Limited, operates under CIN L27109WB1988PLC045119. The company's registered office is located at Unit 5B, Level 5, RDB Boulevard, Plot K1, Sector V, Block EP & GP, Salt Lake City Kolkata – 700091. The disclosure was digitally signed by Rajesh Kapoor, Managing Director with DIN 02757121, and submitted with scrip code 511585.

Regulatory Implications

By confirming its status as 'Not a Large Corporate', the company indicates that it falls outside the scope of enhanced borrowing requirements and compliance obligations that apply to larger entities under the SEBI framework. The annual disclosure demonstrates the company's commitment to regulatory transparency and compliance with SEBI guidelines for debt securities framework, even when the requirements are not directly applicable to its current corporate status.

Historical Stock Returns for Befound Movement

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%+3.46%+2.37%-30.04%+5.99%+126.16%

What strategic factors might drive Befound Movement Limited to eventually seek 'Large Corporate' status in future years?

How might upcoming SEBI regulatory changes impact the debt securities framework for mid-sized companies like Befound Movement?

What alternative financing strategies is the company likely to pursue given its current non-reliance on debt securities?

More News on Befound Movement

1 Year Returns:+5.99%