It is to be informed you that the Board of Director approved the Partial Redemption of NCD
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Standard Capital Markets Ltd has partially redeemed 9,000 Secured, Unlisted, Unrated, Redeemable Non-Convertible Debentures (NCDs) of face value Rs. 1,00,000 each, aggregating to Rs. 90 crore. The Board of Directors approved the redemption by circulation on February 27, 2026. These NCDs were originally allotted to a debenture holder between October 30, 2024 and February 14, 2025. Post this redemption, the company will have 36,702 NCDs remaining outstanding. The redemption was carried out as per the original terms and conditions of the issue.
Positive signal — the company has sufficient liquidity to repay Rs. 90 crore of debt, which reduces its leverage and interest burden. However, it also represents a significant cash outflow that could have been deployed for business growth, so the net impact on stock price is likely neutral to mildly positive.