Standard Capital Markets Ltd — Updates, 01-07-2025: Company Update

Standard Capital Markets Limited has announced a partial redemption of its 10% Secured Non-Convertible Debentures (NCDs). The company redeemed 307 NCDs, each with a face value of Rs. 10 lakh, totaling Rs. 30.7 Cr. This redemption was done on a pro-rata basis following the receipt of payments from pledged securities, reducing the outstanding NCDs to 1,685. The payment has been completed as per the terms agreed at the time of issuance, reflecting the company’s ability to manage its debt obligations proactively. This move enhances the company’s financial stability and benefits existing debenture holders by reducing leverage.