Investment2 April 2026 at 01:37 pm
Standard Capital Markets Ltd Redeems ₹230 Crore Non-Convertible Debentures
AI Summary
Standard Capital Markets Ltd has announced the redemption of its ₹130 crore Non-Convertible Debentures-3 (Series III) and a partial redemption of ₹100 crore Non-Convertible Debentures-3 (Series I). The redemption of Series III was carried out in accordance with the terms and conditions of their issue, with no outstanding amount remaining. The partial redemption of Series I was approved by the Board of Directors and undertaken as per the terms and conditions laid down at the time of issue. The balance of post-redemption 10% Secured Non-Convertible Debentures is now 15,000 Debentures.
Key Highlights
- Standard Capital Markets Ltd has fully redeemed ₹130 crore Non-Convertible Debentures-3 (Series III)
- The company has also partially redeemed ₹100 crore Non-Convertible Debentures-3 (Series I)
- The redemption of Series III was carried out in accordance with the terms and conditions of their issue
- The partial redemption of Series I was approved by the Board of Directors
- The balance of post-redemption 10% Secured Non-Convertible Debentures is now 15,000 Debentures