StockWatch
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Non Banking Financial Company (NBFC)
Loan & Debt24 Apr 2026, 06:51 pm

Standard Capital Extends NCD-1 Partial Redemption Timeline

AI Summary

Standard Capital Markets Ltd has extended the timeline for the partial redemption of its 10% Secured, Unlisted, Unrated, Redeemable Non-Convertible Debentures (NCD-1) by 5 working days. The decision, approved via a circular resolution on April 24, 2026, pertains to the redemption of 979 NCD-1s, each with a face value of ₹10,00,000, aggregating to ₹97,90,00,000. The company will notify the exchange upon completion of the redemption, adhering to regulatory requirements.

Key Highlights

  • Standard Capital extends NCD-1 partial redemption by 5 days.
  • Redemption covers 979 NCDs totaling ₹97.90 Crores.
  • Extension approved via circular resolution on April 24, 2026.
  • Company will inform the exchange upon redemption completion.