<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> ....
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Quest Capital Markets Ltd has submitted a disclosure to BSE confirming that it does not qualify as a 'Large Corporate' under SEBI's framework outlined in circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. The Large Corporate classification typically applies to companies exceeding certain borrowing thresholds, and those entities are subject to additional obligations such as mandatory incremental borrowings through debt markets. By filing this undertaking, the company is stating it falls below those thresholds and is therefore exempt from such requirements. The letter was signed by Bhawna Agarwal, Company Secretary & Compliance Officer, on April 22, 2025.
This is a routine annual compliance disclosure with no material impact on shareholders or the stock price. It simply confirms the company is not subject to the additional borrowing or disclosure obligations imposed on large corporates by SEBI.