The Board of Director of the company by circulation held today i.e Saturday, April 18 , 2026 has inter alia approved
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Standard Capital Markets Ltd's Board, via circulation on April 18, 2026, approved the full redemption of 10% Secured NCDs across multiple series: NCD-3 Series II (₹200 Crore), NCD-3 Series IV (₹170 Crore), and NCD-3 Series V (₹145.10 Crore). A partial redemption of NCD-1 worth ₹97.90 Crore was also completed, fully redeeming that series (₹264.80 Crore in total). Additionally, the company completed the redemption of ₹150 Crore in NCDs, fully closing out NCD Series I (₹250 Crore in total). All NCDs were unlisted, unrated, and secured, carrying a 10% coupon. With these redemptions, no principal or interest remains outstanding on the affected NCD series.
The company has cleared a very large chunk of its debt obligations (over ₹830 Crore across multiple NCD series) on schedule, which signals strong liquidity and disciplined debt management. This is credit-positive for existing debenture holders and reduces future interest outflows, but the source of funds for these redemptions (cash, refinancing, or asset sales) is not disclosed and would be worth monitoring.