Standard Capital Markets Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/04/2025 ,inter alia, to consider and approve Pursuant to the provisions ....
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Standard Capital Markets Ltd has informed BSE that its Board of Directors will meet on Wednesday, April 30, 2025. The main item on the agenda is to consider and approve a proposal for fund raising. The intimation is filed under Regulation 29(1)(d) of SEBI LODR Regulations. No details have been shared yet about the amount, method (equity, debt, preferential issue, etc.), or the purpose of the fund raise.
This is a routine advance notice and by itself is not a material event. Shareholders should wait for the board's actual decision on April 30 to understand whether the fund raising will dilute equity, add debt, or impact share price.