Standard Capital Markets Ltd — Important, 30-03-2026: Company Update
30-03-2026 | 12:19 pm
30-03-2026 | 12:19 pm
Standard Capital Markets' board has approved a partial redemption of its Non-Convertible Debentures (NCD-1). The company redeemed 123 debentures, each worth ₹10 lakh, totaling ₹12.30 crore. This action reduces the company's outstanding debt. These debentures were initially issued in July 2024. Post-redemption, 881 of the 10% Secured Non-Convertible Debentures remain outstanding, reflecting a smaller debt obligation. This move strengthens the balance sheet by reducing borrowing.
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