The Board of Director of the Company by circular held today i.e Monday, January 05, 2026 has approved the Partial Redemption of NCD having face value 100,000 aggregating to Rupees 1,21,00,000
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Standard Capital Markets Ltd's Board, by circulation on January 5, 2026, approved the partial redemption of 121 Secured, Unlisted, Unrated, Redeemable Non-Convertible Debentures (NCDs). These NCDs carried a face value of Rs. 1,00,000 each, bringing the total redemption amount to Rs. 1,21,00,000 (approximately Rs. 1.21 crore) at a coupon rate of 10%. These debentures were originally allotted between October 30, 2024 and February 14, 2025 as per the debenture holder's request. Post this redemption, the company's outstanding NCD balance stands at 49,879 debentures.
This is a routine debt repayment that slightly reduces the company's outstanding debt obligations. For shareholders, it signals that the company is honouring its debt commitments on schedule, though the amount is relatively small and unlikely to materially affect the stock price.