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Standard Capital Markets LtdImportant, 23-03-2026: Company Update

23-03-2026 | 05:53 pm

Standard Capital Markets has issued a correction to its earlier announcement regarding the redemption of Non-Convertible Debentures (NCDs). The company noted inadvertent errors in its previous disclosure. The revised details update the balance of NCDs remaining outstanding after various redemptions. For instance, on one date, the outstanding NCDs are now stated as 40,702, down from an earlier reported 48,702. These adjustments clarify the company's current debt position by reflecting a lower number of NCDs post-redemption than initially communicated, indicating a more significant reduction in outstanding debentures.

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