ALPHA TRIBE

Standard Capital Markets LtdImportant, 07-01-2026: Company Update

07-01-2026 | 01:39 pm

Standard Capital Markets has completed a partial redemption of 177 Secured Non-Convertible Debentures (NCDs), as approved by its Board. Each redeemed NCD had a face value of Rs 1 lakh, totaling Rs 1.77 crore. This action reduces the company's debt obligations and demonstrates active management of its financial liabilities, adhering to the original terms of the NCDs. Following this redemption, 49,702 NCDs remain outstanding. This move directly impacts the company's balance sheet by lowering its secured debt.

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