Standard Capital Markets Ltd — Important, 04-04-2026: Company Update

Standard Capital Markets has announced the execution of a Share Purchase Agreement for the divestment of its entire 100% equity stake in KRV Brooms Private Limited. This entity is currently a wholly-owned subsidiary of the company. The sale is contingent upon the completion of specific pre-closing obligations and other agreed conditions. This strategic move signals the company's intent to streamline its business structure or divest non-core assets, which could impact its operational focus and overall portfolio going forward.