Please find attached declaration about non-applicability of Regulation 57(4) for QE March 31, 2026
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NCL Research & Financial Services has filed a declaration with BSE confirming that Regulation 57(4) of SEBI (LODR) Regulations 2015 is not applicable to the company for the quarter ending March 31, 2026. The regulation requires disclosure of payment schedules for interest, dividend, or principal on non-convertible securities, but the company states it has not issued any such securities. It also confirms there were no unpaid obligations on non-convertible securities during the period. This is a routine compliance filing submitted by Managing Director Goutam Bose.
This is a routine procedural filing with no material impact on the stock price or shareholders — it simply confirms the company has no non-convertible debt outstanding that would trigger this disclosure requirement.