Futuristic Securities Limited Confirms Non-Applicability of SEBI Large Corporate Framework
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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 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?




























