Futuristic Solutions Limited Confirms Non-Large Corporate Status Under SEBI Framework

1 min read     Updated on 03 Apr 2026, 12:26 AM
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Futuristic Solutions Limited has confirmed to BSE Limited that it does not qualify as a Large Corporate under SEBI Circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. The disclosure, signed by Company Secretary Jagrati Rathi on April 2, 2026, ensures compliance with regulatory requirements governing debt securities issuance by large entities and maintains transparency for stakeholders.

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Futuristic solutions Limited has formally notified BSE Limited of its status regarding SEBI's Large Corporate framework, confirming that it does not qualify as a Large Corporate under the regulatory guidelines for debt securities issuance.

Regulatory Compliance Disclosure

The company submitted its confirmation on April 2, 2026, in adherence to SEBI Circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. This circular specifically addresses fund raising by issuance of debt securities by Large Corporates and mandates disclosure compliance by entities that fall under this category.

Parameter Details
Disclosure Date April 2, 2026
SEBI Circular Reference SEBI/HO/DDHS/CIR/P/2018/144
Circular Date November 26, 2018
Status Confirmed Not a Large Corporate
Signatory Jagrati Rathi
Designation Company Secretary & Compliance Officer

Framework Compliance

The disclosure confirms that Futuristic Solutions Limited does not meet the framework and applicability criteria specified under the SEBI circular for Large Corporate classification. This determination is based on the specific parameters outlined in the regulatory framework governing debt securities issuance by large entities.

Corporate Governance

The confirmation was digitally signed by Jagrati Rathi, serving as Company Secretary and Compliance Officer, demonstrating the company's commitment to proper corporate governance and regulatory transparency. The digital signature was executed on April 2, 2026, at 17:50:30 +05'30', ensuring proper documentation and timestamp verification.

This disclosure ensures stakeholders are informed about the company's regulatory status and compliance with SEBI's framework for debt securities and large corporate classifications.

Historical Stock Returns for Futuristic Solutions

1 Day5 Days1 Month6 Months1 Year5 Years
+7.77%-1.75%+4.21%-22.35%-32.02%+102.91%

What are Futuristic Solutions Limited's alternative funding strategies now that it cannot access Large Corporate debt issuance frameworks?

How might the company's growth trajectory be affected by its exclusion from SEBI's Large Corporate classification benefits?

Will Futuristic Solutions Limited need to explore equity markets or private funding sources for future capital requirements?

Futuristic Solutions Limited Files Non-Encumbrance Declaration for FY26 Under SEBI Regulations

1 min read     Updated on 02 Apr 2026, 03:14 PM
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Futuristic Solutions Limited has filed a regulatory disclosure with BSE confirming that its promoters and persons acting in concert did not encumber any shares during FY26 ended March 31, 2026. The declaration, signed by Managing Director Mandeep Sandhu on April 2, 2026, complies with SEBI Regulation 31(4) requirements and ensures transparency in promoter shareholding status.

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Futuristic Solutions Limited has filed a mandatory regulatory disclosure with BSE Limited, confirming that its promoters have not encumbered any shares during the financial year ended March 31, 2026. The declaration demonstrates the company's commitment to regulatory compliance and transparency in shareholding matters.

Regulatory Compliance Declaration

The disclosure was submitted on April 2, 2026, in accordance with Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Managing Director Mandeep Sandhu digitally signed the declaration, confirming that neither the promoters nor any persons acting in concert have created any encumbrance over their shareholdings.

Parameter: Details
Filing Date: April 2, 2026
Financial Year: Ended March 31, 2026
Regulation: SEBI Regulation 31(4)
Signatory: Mandeep Sandhu, Managing Director
Exchange: BSE Limited

Share Encumbrance Status

The company explicitly stated that no encumbrance was made over shares held directly or indirectly by the promoters and persons acting in concert during FY26. This declaration provides clarity to investors and stakeholders regarding the unencumbered nature of promoter shareholdings, which is crucial for maintaining transparency in corporate governance.

Corporate Information

Futuristic Solutions Limited operates from its registered office located at M-50, 2nd Floor, M Block Market, Greater Kailash-1, New Delhi 110048. The company maintains regular communication with its Audit Committee members and ensures timely compliance with all regulatory requirements.

This disclosure reinforces the company's adherence to SEBI regulations and provides assurance to the investment community regarding the promoters' shareholding commitments. The filing demonstrates proactive compliance management and maintains transparency standards expected from publicly listed companies.

Historical Stock Returns for Futuristic Solutions

1 Day5 Days1 Month6 Months1 Year5 Years
+7.77%-1.75%+4.21%-22.35%-32.02%+102.91%

Will Futuristic Solutions Limited consider pledging promoter shares for future expansion funding or debt restructuring?

How might this unencumbered shareholding position influence potential strategic partnerships or acquisition opportunities?

What impact could this clean promoter shareholding have on the company's credit rating and borrowing costs?

More News on Futuristic Solutions

1 Year Returns:-32.02%