The Company has approved the Redeemed of its NCD-1 & NCD-2 and pay interest on the same.
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Standard Capital Markets Ltd has partially redeemed its Non-Convertible Debentures as approved by the Board on February 23, 2026. Under NCD-1, the company redeemed 98 debentures of Rs. 10 lakh each, totalling Rs. 9.80 crore, leaving a balance of 1,004 debentures. Under NCD-2, it redeemed 3,000 debentures of Rs. 1 lakh each, totalling Rs. 30 crore, leaving a balance of 45,702 debentures. The company also paid interest of approximately Rs. 25.71 crore on NCD-1 (issue size Rs. 264.8 crore) and Rs. 44.19 crore on NCD-2 (issue size Rs. 500 crore) ahead of the March 31, 2026 due date. All payments were made on time as per the original terms of issue.
This is a positive signal for shareholders as the company is actively reducing its debt burden and servicing interest obligations on time, suggesting adequate liquidity and financial discipline.