NCL Research & Financial Services Ltd — Others, 06-04-2025: Please find attached declaration about non-applicability of Regulation 57(5) for QE March 31, 2025

NCL Research & Financial Services Limited has confirmed the non-applicability of SEBI Regulation 57(5) for the quarter ended March 31, 2025, due to the absence of any issued non-convertible securities. As a result, there were no obligations for interest or principal payments during this period. This update emphasizes the company’s current financial stability regarding debt securities, reinforcing a positive outlook for investors. Overall, the absence of liabilities in this area may reduce financial stress, presenting an opportunity for reassessing investment strategies without concerns about immediate debt obligations.