Clarification17 Apr 2026, 05:56 pm
SCML corrects NCD redemption: ₹2.5 Cr on Mar 30, not ₹12.3 Cr
AI Summary
Standard Capital Markets Ltd has issued a corrigendum to its earlier disclosure regarding the redemption of Non-Convertible Debentures (NCDs). The company initially reported a partial redemption of 123 NCDs, totaling ₹12.30 crore, on March 30, 2026. However, it was clarified that this figure inadvertently included 98 NCDs, worth ₹9.80 crore, which had already been redeemed on February 23, 2026. The revised and actual redemption made on March 30, 2026, pertains to 25 NCDs, aggregating to ₹2.50 crore. Consequently, the balance of NCDs post-redemption has been updated from 881 to 979.
Key Highlights
- Original NCD redemption on March 30, 2026, was ₹12.30 Cr.
- Revised NCD redemption on March 30, 2026, is ₹2.50 Cr.
- 98 NCDs worth ₹9.80 Cr were redeemed earlier on Feb 23, 2026.
- Post-redemption NCD balance revised to 979 from 881.
- This clarifies the company's debt obligations.
Price Impact
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