Standard Capital Markets Ltd — Board Meeting, 11-04-2025: Board Meeting

The Board of Directors has approved the immediate appointments of M/s Virender Kumar & Associates as the Secretarial Auditor and M/s Verma Priyanka & Co. as the Internal Auditor for the financial years 2024-25 and 2025-26. Additionally, the company partly redeemed 656 Secured Non-Convertible Debentures (NCDs) worth ₹65.6 crore, reducing the outstanding NCDs to 1992. Furthermore, the board resolved to incorporate a Limited Liability Partnership (LLP) named "Standard Global LLP" to act as the Investment Manager for its Alternative Investment Fund. These strategic updates aim to enhance governance, foster operational efficiency, and expand investment capabilities. Investors may view the appointments and structural changes as positive indicators of the company’s commitment to compliance and growth.