Quest Capital Markets Limited confirms non-applicability of Large Corporate criteria for FY26
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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 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?
































