Quest Capital Markets Limited confirms non-applicability of Large Corporate criteria for FY26

1 min read     Updated on 16 Apr 2026, 10:53 AM
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Quest Capital Markets Limited has confirmed to BSE that it does not qualify as a Large Corporate under SEBI LODR circulars for FY26 ending March 31, 2026. The company referenced SEBI circulars from November 2018 and October 2023, confirming exemption from initial disclosure requirements under Annexure A. Company Secretary Bhawna Agarwal signed the official undertaking dated April 13, 2026.

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Quest Capital Markets Limited has officially confirmed to BSE that it does not meet the criteria for classification as a Large Corporate under SEBI's LODR framework for the financial year ending March 31, 2026. The communication, dated April 13, 2026, was signed by Company Secretary Bhawna Agarwal.

Regulatory Framework Reference

The company's undertaking references two key SEBI circulars that establish the Large Corporate framework. The primary circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018, was supplemented by circular SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated October 19, 2023.

Parameter Details
Primary Circular SEBI/HO/DDHS/CIR/P/2018/144
Date November 26, 2018
Supplementary Circular SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172
Date October 19, 2023
Financial Year Ending March 31, 2026

Compliance Implications

Based on this non-qualification status, Quest Capital Markets Limited is exempt from filing the initial disclosure requirements specified in Annexure A of the November 2018 SEBI circular. This exemption applies specifically to the financial year ended March 31, 2026.

Company Information

Quest Capital Markets Limited, formerly known as BNK Capital Markets Limited, operates with CIN L34202WB1986PLC040542. The company's registered office is located at Duncan House, 31, Netaji Subhas Road, Kolkata. The formal communication was submitted to BSE's Department of Corporate Services, with the company trading under scrip code 500069.

Corporate Details Information
Former Name BNK Capital Markets Limited
CIN L34202WB1986PLC040542
BSE Scrip Code 500069
Registered Office Duncan House, 31, Netaji Subhas Road, Kolkata – 700 001

The undertaking serves as an official record for regulatory compliance, ensuring transparency regarding the company's status under SEBI's Large Corporate framework for the specified financial year.

Historical Stock Returns for Quest Capital Markets

1 Day5 Days1 Month6 Months1 Year5 Years
+2.27%+7.94%+3.73%-16.58%-23.08%+10.75%

What specific financial thresholds or business metrics prevented Quest Capital Markets from qualifying as a Large Corporate under SEBI's framework?

How might this non-qualification status impact Quest Capital Markets' ability to raise capital or attract institutional investors in FY2027?

Will Quest Capital Markets need to implement different governance or disclosure practices compared to Large Corporate entities?

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Quest Capital Markets Submits SEBI Compliance Certificate for Q4 FY26

1 min read     Updated on 08 Apr 2026, 09:04 PM
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Quest Capital Markets Limited submitted its quarterly compliance certificate under SEBI Regulation 74(5) for Q4 FY26 on 08th April, 2026. The certificate, confirmed by registrar CB Management Services (P) Limited, validates proper handling of securities dematerialization processes during the quarter ended 31st March, 2026, demonstrating regulatory compliance.

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Quest Capital Markets Limited has submitted its quarterly compliance certificate to BSE Limited, fulfilling regulatory obligations under SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 31st March, 2026.

Regulatory Compliance Filing

The company filed the mandatory certificate under Regulation 74(5) of SEBI regulations on 08th April, 2026, through its Company Secretary and Compliance Officer, Bhawna Agarwal. The submission was made to BSE Limited along with copies to Central Depository Services (India) Limited and The National Securities Depository Limited.

Filing Details: Information
Filing Date: 08th April, 2026
Quarter Covered: Q4 FY26 (ended 31st March, 2026)
Regulation: SEBI Regulation 74(5)
Filed By: Bhawna Agarwal, Company Secretary

Registrar Confirmation

CB Management Services (P) Limited, serving as the company's Registrar and Share Transfer Agent, issued the confirmation certificate on 03rd April, 2026. The registrar confirmed compliance with dematerialization procedures and securities handling requirements during the quarter.

The certificate validates that securities received from depository participants for dematerialization were properly confirmed to the depositories within prescribed timelines. CB Management Services confirmed that all security certificates received for dematerialization were appropriately processed, with certificates being mutilated and cancelled after due verification.

Registrar Details: Information
Company: CB Management Services (P) Limited
Certificate Date: 03rd April, 2026
Reference Number: CBMSPL/CEL/74(5)/MARCH-2026
Authorized Signatory: Rana Roy Choudhury

Corporate Information

Quest Capital Markets Limited, formerly known as BNK Capital Markets Limited, operates with CIN L34202WB1986PLC040542. The company maintains its registered office at Duncan House, 31, Netaji Subhas Road, Kolkata – 700 001, and trades on BSE under scrip code 500069.

The quarterly filing demonstrates the company's ongoing commitment to regulatory compliance and proper securities handling procedures as mandated by SEBI regulations for depository participants.

Historical Stock Returns for Quest Capital Markets

1 Day5 Days1 Month6 Months1 Year5 Years
+2.27%+7.94%+3.73%-16.58%-23.08%+10.75%

What strategic initiatives might Quest Capital Markets pursue in FY27 following their successful regulatory compliance track record?

How could potential changes to SEBI's depository regulations impact Quest Capital Markets' operational costs and compliance procedures?

Will Quest Capital Markets expand their depository participant services to capture more market share in the securities handling business?

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1 Year Returns:-23.08%