Loan & Debt18 Apr 2026, 04:41 pm
Standard Capital redeems ₹520 Cr across three NCD series
AI Summary
Standard Capital Markets Ltd's Board approved the full redemption of three series of 10% Secured Non-Convertible Debentures (NCDs) totaling ₹520 Crore on April 18, 2026. This includes NCD-3 Series II (₹200 Crore), NCD-3 Series IV (₹170 Crore), and NCD-3 Series V (₹150 Crore). The redemptions were executed as per the original terms of issue, and the company confirmed that all outstanding interest will be paid to debenture holders. These NCDs were originally allotted between May 2025 and May 2025. Upon completion, no amount remains outstanding for these NCD series.
Key Highlights
- Board approved full redemption of three NCD series on April 18, 2026.
- Total redemption value aggregates to ₹520 Crore.
- NCD-3 Series II (₹200 Cr), Series IV (₹170 Cr), and Series V (₹150 Cr) are fully redeemed.
- Redemptions were completed as per terms of issue; no amounts remain outstanding.
- Company confirms payment of all accrued interest to debenture holders.
Price Impact
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