Investment2 April 2026 at 12:30 pm
Standard Capital Markets Ltd Completes Redemption of ₹232 Crore NCDs
AI Summary
Standard Capital Markets Ltd has successfully completed the redemption of ₹232 Crore worth of 10% Secured Non-Convertible Debentures (NCDs). The NCDs, having a face value of ₹1 Lakh each, were allotted to the debenture holders during the period from October 30, 2024 to February 14, 2025. The entire Secured, Unlisted, Unrated, Redeemable Non-Convertible Debentures (NCDs) issue of ₹500 Crore, made on October 24, 2024, has been fully redeemed, including all accrued interest. This information is for the record.
Key Highlights
- Standard Capital Markets Ltd has completed the redemption of ₹232 Crore NCDs
- The NCDs were allotted to the debenture holders from October 30, 2024 to February 14, 2025
- The entire NCD issue of ₹500 Crore, made on October 24, 2024, has been fully redeemed