Standard Capital Markets Ltd — Important, 24-10-2025: Company Update
24-10-2025 | 04:39 pm
24-10-2025 | 04:39 pm
The company's Board has approved a partial redemption of 20 Secured Non-Convertible Debentures (NCDs), each with a face value of Rs. 10 Lakh. This redemption totals Rs. 2 Crore, reducing the company's debt burden. The action was taken at the debenture holder's request and upon receipt of receivables from pledged securities. After this, 1665 NCDs remain outstanding, representing a value of Rs. 166.50 Crore. This move reflects proactive debt management and better utilization of asset-generated funds, which is positive for its financial health.
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