Befound Movement Limited has issued a postal ballot notice to seek shareholder approval for the regularization of an Independent Director and a change in designation for its Managing Director. The e-voting process is scheduled from May 27, 2026, to June 25, 2026, with the results to be declared on June 26, 2026.

The Board of Directors, at its meeting held on May 23, 2026, approved the proposal to appoint Ms. Sakshi Dubey (DIN: 11632384) as a Non-Executive Independent Director for a period of five years effective from March 27, 2026, to March 26, 2031. Additionally, the board approved the change in designation of Mr. Rajesh Balbir Kapoor (DIN: 02757121) from Managing Director and Chief Financial Officer to Managing Director. Mr. Kapoor resigned as CFO with effect from March 31, 2026, and will serve as Managing Director from August 10, 2025, to August 9, 2028, without any remuneration.

M/s. NVB & Associates, Practicing Company Secretaries, has been appointed as the scrutinizer to oversee the e-voting process. The resolutions require approval by way of a Special Resolution. The cut-off date for determining shareholder eligibility is Friday, May 22, 2026.

E-Voting Schedule

Shareholders holding shares in physical or dematerialized form as of the cut-off date are eligible to participate. The notice is available on the company's website at www.regencytrust.co.in .

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:

Penalty Assessment Details

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

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.