Standard Capital Markets Ltd. Completes Redemption of Non-Convertible Debentures
Standard Capital Markets Ltd. announced the completion of a partial redemption of Non-Convertible Debentures (NCDs) on April 2, 2026. The company redeemed 23,202 NCDs, each with a face value of ₹100,000, totaling ₹2,32,02,00,000.Previously, on March 24, 2026, the company had informed the market about the partial redemption. The NCDs were allotted between October 30, 2024, and February 14, 2025, following a request from the debenture holders dated October 28, 2024.
The company has fully redeemed the entire Secured, Unlisted, Unrated, Redeemable Non-Convertible Debentures (NCDs) of ₹500 Crore, initially issued on October 24, 2024, including all accrued interest. No amount remains outstanding for these NCDs.
Source:
Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.