Greencrest Financial Services Files NIL Report for Non-Convertible Securities Compliance for Q4 FY26
Greencrest Financial Services Limited filed a NIL compliance report with BSE for the quarter ended March 31, 2026, confirming non-applicability of SEBI LODR Regulation 57(5). The company stated it has not issued any non-convertible securities, making payment obligations for NCDs/Bonds inapplicable. Managing Director Sushil Parakh submitted the report on April 7, 2026, ensuring regulatory compliance under scrip code 531737.

*this image is generated using AI for illustrative purposes only.
Greencrest Financial Services Limited has filed a NIL compliance report with the Bombay Stock Exchange (BSE) regarding the non-applicability of SEBI LODR Regulation 57(5) for the quarter ended March 31, 2026. The company confirmed that it has not issued any non-convertible securities during this period, making the regulation's requirements inapplicable.
Regulatory Compliance Details
The company submitted its compliance report on April 7, 2026, addressing the requirements under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Regulation 57(5) specifically deals with obligations related to non-convertible securities, including payment of interest, dividends, and principal amounts.
| Regulation | Requirement | Status |
|---|---|---|
| 57(5)(a) | Certificate confirming payment of interest/dividend/principal obligations for non-convertible securities due in quarter | Not Applicable |
| 57(5)(b) | Details of unpaid interest/dividend/principal obligations for non-convertible securities at quarter end | Not Applicable |
Company Statement
In its communication to BSE, Greencrest Financial Services explicitly stated that since the company has not issued any non-convertible securities, the payment of interest or principal on NCDs (Non-Convertible Debentures) or bonds is not applicable for the quarter ended March 31, 2026. This confirmation was made in accordance with the regulatory framework governing listed companies.
Authorization and Filing
The NIL report was digitally signed and submitted by Sushil Parakh, Managing Director of Greencrest Financial Services Limited (DIN: 02596801). The document was filed with BSE under the company's scrip code 531737, ensuring proper regulatory compliance and transparency.
Company Background
Greencrest Financial Services Limited, formerly known as Marigold Glass Industries Limited, operates from its registered office at 8, Ganesh Chandra Avenue, Kolkata. The company maintains its commitment to regulatory compliance by filing timely reports with stock exchanges as required under SEBI regulations.
Historical Stock Returns for Greencrest Financial Services
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | 0.0% | -2.00% | -27.94% | -28.99% | -94.37% |
Does Greencrest Financial Services plan to issue non-convertible debentures or bonds in the upcoming quarters to raise capital for business expansion?
How might the company's transition from Marigold Glass Industries to financial services impact its future funding requirements and debt issuance strategy?
Will Greencrest consider alternative financing instruments like convertible securities or equity raises given their current NIL status on non-convertible securities?






























