Regulation 57 not applicable: no non-convertible securities on which interest, dividend or principal is payable this quarter
PFL Infotech has informed BSE that Regulation 57 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 is not applicable to the company for the quarter and half year ended 30.09.2026.
- Period
- quarter and half year ended 30.09.2026
- Regulation
- Regulation 57 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 is not applicable to the company
- Reason
- the company has no non-convertible securities for which interest, dividend or principal is payable during the quarter
What the company told the exchange
PFL Infotech Ltd has intimated BSE that Regulation 57 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 is not applicable to the company for the quarter and half year ended 30.09.2026.
The reason stated is that the company has no non-convertible securities for which interest, dividend or principal is payable during the quarter.
The communication is addressed to the General Manager, Department of Corporate Services, BSE Limited, and is signed by the Managing Director. The company describes it as being for information and records.
What Regulation 57 generally covers
- It is the rule under which a listed company gives prior intimation to the stock exchanges at the beginning of a quarter.
- Such intimation relates to non-convertible securities, including interest, dividend or principal payable during the quarter.
- Where the rule does not apply to a company, the company informs the exchange of that position.
How to read this intimation
This is a statement about applicability of a regulation, not an announcement of a payment. The letter does not announce any interest, dividend or principal being paid; it says the company has no non-convertible securities on which such amounts are payable for the quarter.
For a retail shareholder, the practical takeaway is narrow: the company is telling the exchange that the quarterly prior-intimation requirement tied to non-convertible securities does not apply to it for the period ended 30.09.2026. It does not by itself change anything about the company's equity shares or its operations.
Such letters are periodic exchange communications and are commonly shared at the start of a quarter by companies to which the provision does not apply.
Bottom line
The update is an intimation to BSE that Regulation 57 of the SEBI LODR Regulations, 2015 is not applicable for the quarter and half year ended 30.09.2026, as there are no non-convertible securities on which interest, dividend or principal is payable during the quarter.
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