ALPHA TRIBE

Standard Capital Markets LtdImportant, 24-03-2026: Company Update

24-03-2026 | 11:40 am

Standard Capital Markets has approved the redemption of its final tranche of 23,202 Secured Non-convertible Debentures (NCDs), each with a face value of ₹1,00,000. This redemption totals ₹232.02 crore and will be completed within five working days. This significant action means the company will have fully redeemed its entire ₹500 crore NCD issuance. For investors, this signals a stronger financial position by substantially reducing the company's debt burden and improving its balance sheet.

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