Investment30 March 2026 at 06:50 am
Standard Capital Markets Ltd Approves Partial Redemption of ₹12.3 Crore Non-Convertible Debentures
AI Summary
The Board of Directors of Standard Capital Markets Ltd has approved a circular resolution for the partial redemption of ₹12.3 crore Non-Convertible Debentures (NCD-1). The company had issued 123 secured, unlisted, unrated, redeemable non-convertible debentures with a face value of ₹10,00,000 each on 30th July 2024. The partial redemption, which took place on March 30, 2026, was carried out in accordance with the terms and conditions set at the time of issue. Post redemption, the balance of 10% Secured Non-Convertible Debentures stands at 881 debentures.
Key Highlights
- Standard Capital Markets Ltd approves partial redemption of ₹12.3 crore Non-Convertible Debentures (NCD-1).
- The debentures were issued on 30th July 2024 with a face value of ₹10,00,000 each.
- The partial redemption was carried out on March 30, 2026, in accordance with the terms and conditions set at the time of issue.
- Post redemption, the balance of 10% Secured Non-Convertible Debentures stands at 881 debentures.