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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AI Summary

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
+1.90%+11.61%+36.36%-14.19%+16.10%+103.80%

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?

Befound Movement Limited Files Quarterly Compliance Certificate for Q4FY26

1 min read     Updated on 08 Apr 2026, 10:28 PM
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Radhika SScanX News Team
AI Summary

Befound Movement Limited filed its Q4FY26 compliance certificate under SEBI Regulation 74(5) on April 8, 2026, confirming adherence to dematerialization regulations. Share transfer agent Purva Sharegistry certified that all procedures were completed within prescribed timelines. The quarterly report showed no dematerialization activity during January-March 2026, indicating minimal trading in the company's securities.

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Befound Movement Limited (formerly Regency Trust Limited) has filed its quarterly compliance certificate with BSE Limited for the quarter ended March 31, 2026. The submission, made on April 8, 2026, fulfills regulatory requirements under SEBI's Depositories and Participants Regulations.

Regulatory Compliance Filing

The company submitted its confirmation certificate under Regulation 74(5) of Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018. Managing Director Rajesh Kapoor signed the compliance document, which was digitally authenticated on April 8, 2026.

Filing Details: Information
Quarter Ended: March 31, 2026
Filing Date: April 8, 2026
Scrip Code: 511585
ISIN: INE425F01028
Signatory: Rajesh Kapoor, Managing Director

Share Transfer Agent Certification

Purva Sharegistry (India) Pvt. Ltd., the company's SEBI-registered share transfer agent, provided the compliance certification. The registrar confirmed that all dematerialization processes during the quarter were handled according to prescribed timelines and regulatory requirements.

Ms. Deepali Gaonkar, Compliance Officer at Purva Sharegistry, certified that security certificates received for dematerialization were properly verified, mutilated, and cancelled by depository participants. The certification also confirmed that depositories' names were substituted in the register of members as registered owners within stipulated timeframes.

Dematerialization Activity Report

The detailed quarterly report reveals no dematerialization activity during the January-March 2026 period. The share certificate dematerialization table shows:

Activity Parameter: Status
Folio Numbers: NIL
Shareholder Names: NIL
Certificate Numbers: NIL
Shares Dematerialized: NIL
Transaction Dates: NIL

This indicates that no shareholders converted their physical share certificates to electronic form during the quarter, suggesting limited trading activity in the company's securities.

Company Information

Befound Movement Limited operates from its registered office in Salt Lake City, Kolkata. The company, incorporated in West Bengal in 1988, maintains its primary listing on BSE Limited under scrip code 511585.

Historical Stock Returns for Befound Movement

1 Day5 Days1 Month6 Months1 Year5 Years
+1.90%+11.61%+36.36%-14.19%+16.10%+103.80%

What factors might be contributing to the complete absence of dematerialization activity, and could this signal potential delisting concerns?

How might the company's recent name change from Regency Trust Limited to Befound Movement Limited impact investor interest and trading volumes?

Will the lack of trading activity prompt BSE to review the company's listing status or impose additional compliance requirements?

More News on Befound Movement

1 Year Returns:+16.10%