Futuristic Securities Limited Confirms Non-Applicability of SEBI Large Corporate Framework

1 min read     Updated on 03 Apr 2026, 02:49 PM
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Futuristic Securities Limited has confirmed to BSE that it is not classified as a Large Corporate under SEBI's August 10, 2021 circular regarding debt securities fund raising. As of March 31, 2026, the company does not meet the Large Corporate criteria, making the associated regulatory requirements non-applicable. The disclosure was officially signed by Director Pradeep Jatwala on April 3, 2026, ensuring compliance with regulatory notification requirements.

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Futuristic Securities Limited has formally notified BSE Limited that it does not qualify as a Large Corporate under SEBI's regulatory framework for debt securities fund raising. The company made this disclosure in a letter dated April 3, 2026, addressing the applicability of specific SEBI guidelines.

Regulatory Compliance Status

The company confirmed its status regarding the SEBI Circular dated August 10, 2021, which was updated on April 13, 2022. This circular pertains to fund raising by issuance of debt securities by Large Corporates and the associated disclosure compliance requirements.

Parameter Details
Company Status Not Identified as a Large Corporate (LC)
Assessment Date March 31, 2026
Applicable Framework SEBI Circular dated August 10, 2021
Regulatory Authority BSE Limited

Corporate Communication Details

The disclosure was submitted to BSE Limited's Corporate Relation Department at the exchange's Mumbai office. The communication specifically referenced the company's scrip code 523113 and was directed to the appropriate regulatory department for record-keeping purposes.

Management Authorization

The confirmation was officially signed by Pradeep Jatwala, Director of the company, bearing DIN: 00053991. The document was digitally signed on April 3, 2026, at 14:24:55 +05'30', ensuring proper authentication and compliance with digital signature requirements.

Regulatory Implications

Since Futuristic Securities Limited does not fall under the Large Corporate category, the specific fund raising requirements and disclosure obligations outlined in the SEBI circular are not applicable to the company. This status determination is based on the framework and applicability criteria established under the aforementioned circular and its subsequent amendments.

The company requested BSE to take this information on record, completing the necessary regulatory disclosure process as required under the applicable guidelines.

Historical Stock Returns for Futuristic Securities

1 Day5 Days1 Month6 Months1 Year5 Years
-100.00%0.0%-100.00%-100.00%-100.00%-100.00%

What are Futuristic Securities' alternative funding strategies now that they're exempt from Large Corporate debt issuance requirements?

Could this non-Large Corporate status impact the company's credit rating or borrowing costs in future debt markets?

How might SEBI's evolving regulatory framework for debt securities affect mid-tier financial services companies like Futuristic Securities?

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Futuristic Securities Limited Files Quarterly SEBI Compliance Certificate for Q4 FY26

1 min read     Updated on 03 Apr 2026, 02:40 PM
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Futuristic Securities Limited submitted its Q4 FY26 compliance certificate under SEBI Regulation 74(5) to BSE on April 3, 2026, signed by Director Pradeep Jatwala. The company's registrar MUFG Intime India Private Limited confirmed proper processing of dematerialisation activities during the quarter ended March 31, 2026, meeting all prescribed regulatory timelines and requirements.

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Futuristic securities Limited has filed its quarterly compliance certificate with BSE Limited, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018. The submission relates to the quarter ended March 31, 2026, demonstrating the company's adherence to mandatory compliance protocols.

Regulatory Filing Details

The certificate was submitted on April 3, 2026, under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. Director Pradeep Jatwala digitally signed the document, with his signature timestamped at 14:25:46 on the filing date.

Parameter: Details
Filing Date: April 3, 2026
Quarter Covered: March 31, 2026
Regulation: SEBI 74(5)
Signatory: Pradeep Jatwala, Director
DIN: 00053991

Registrar Confirmation

MUFG Intime India Private Limited, formerly Link Intime India Private Limited, serving as the company's registrar and transfer agent, provided additional confirmation regarding dematerialisation processes. The registrar confirmed that all securities received from depository participants during the quarter ended March 31, 2026, were properly processed.

The confirmation certificate, dated April 1, 2026, was signed by Ashok Shetty, Sr. Vice President-Corporate Registry at MUFG Intime India Private Limited. The registrar verified that:

  • Securities received for dematerialisation were confirmed or rejected to depositories within prescribed timelines
  • Security certificates were mutilated and cancelled after due verification
  • Depository names were substituted in the register of members as registered owners
  • All securities are listed on stock exchanges where previously issued securities are traded

Company Information

Futuristic Securities Limited operates with CIN L65990MH1971PLC015137 and maintains its registered office at 202, Ashford Chambers, Lady Jamshedji Road, Mahim (West), Mumbai - 400016. The company trades on BSE under scrip code 523113.

The filing represents routine quarterly compliance, ensuring transparency in the company's dematerialisation processes and maintaining regulatory standards set by SEBI for depositories and participants.

Historical Stock Returns for Futuristic Securities

1 Day5 Days1 Month6 Months1 Year5 Years
-100.00%0.0%-100.00%-100.00%-100.00%-100.00%

How might the upcoming SEBI regulatory changes in 2026-27 impact Futuristic Securities' compliance costs and operational procedures?

What growth opportunities could emerge for Futuristic Securities as digitalization of securities trading accelerates in the Indian market?

Will MUFG Intime India's enhanced technology infrastructure following the Link Intime acquisition improve processing efficiency for clients like Futuristic Securities?

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1 Year Returns:-100.00%