<b>Format of Initial Disclosure to be made by an entity identified as a Large Corporate.</b><br/><br/> <table border=''1px''><tr> <td><b>Sr. No.</b></td> <td><b>Particulars</b></td> <td><b>Details</b></td> ....
FMNL · price
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Future Market Networks Ltd has submitted a confirmation to BSE and NSE stating that as of March 31, 2026, the company does not meet the criteria to be classified as a 'Large Corporate' under SEBI regulations. This confirmation is made pursuant to SEBI Circular dated November 26, 2018 and an updated circular dated October 19, 2023, which govern fund-raising through debt securities by large entities. The company has provided this confirmation for both its BSE scrip (533296) and NSE scrip (FMNL). The filing is signed by Anil Cherian (Head - Legal and Company Secretary) and Akhilesh Kalra (Chief Financial Officer).
This is a routine compliance filing confirming the company's non-classification as a Large Corporate, which means it has fewer mandatory disclosure and reporting requirements related to debt fundraising. This has no direct impact on the stock price but reflects the company's relatively smaller scale relative to SEBI's thresholds.