- Business
- Quest Capital Markets Limited (BSE: QUESTCAP.BO), a non-banking financial company headquartered in Kolkata, India, and founded in 1986, operates primarily in investment activities including finance and investments as well as other services focused on capital markets; it provides investment banking distribution, corporate finance, advisory services, lease financing, trading and dealing in securities, and mutual funds distribution. The company, formerly known as BNK Capital Markets Limited until its name change in March 2022, functions as a subsidiary of Lebnitze Real Estates Private Limited following the latter's acquisition of an 82.61% controlling stake through a share purchase agreement and open offer completed in August 2021. In India, it targets capital market participants with its non-banking financial services across brokerage, investment management, and related advisory segments. Recent developments include the appointment of Tanuja Mantri as Chief Executive Officer effective August 18, 2025, succeeding Arun Kumar Mukherjee who resigned in August 2025; additionally, in November 2025, the company acquired a 0.23% stake in PCBL Chemical Limited for Rs 33.6 crore through warrant conversion, strengthening its promoter group position and supporting PCBL's debt repayment and working capital needs.