Standard Capital Markets Ltd — Important, 03-02-2026: Company Update
03-02-2026 | 02:39 pm
03-02-2026 | 02:39 pm
Standard Capital Markets Limited's Board has approved a revision and reduction in the remuneration of its Managing Director, Mr. Ram Gopal Jindal. His existing monthly remuneration, which was 0.05 Cr, has been revised downwards to 0.01 Cr. This substantial reduction in executive compensation was approved by the Board after due consideration by the Nomination & Remuneration Committee. This change, which does not require shareholder approval, directly impacts the company's operational costs by lowering key management personnel expenses, a notable development for stakeholders.
No comments yet. Be the first to comment!
