The Company has Redeemed its NCD having face value Rs 100000 aggregating to 17700000
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Standard Capital Markets Ltd has partially redeemed 177 Secured, Unlisted, Unrated, Redeemable Non-Convertible Debentures (NCDs) with a face value of Rs 1,00,000 each, aggregating to Rs 1.77 crore. The redemption was carried out on January 7, 2026, following approval by the Board of Directors via circulation. After this partial redemption, the company has 49,702 NCDs remaining outstanding. The debentures carried a 10% interest rate and were originally allotted between October 30, 2024 and February 14, 2025 to a single debenture holder. The redemption was done as per the original terms of issue.
This is a routine partial debt repayment and signals orderly liability management. For shareholders, it is a neutral-to-slightly-positive event as it reduces the company's outstanding debt obligations by Rs 1.77 crore, with no impact on equity. The remaining NCD balance of 49,702 debentures is still significant and may warrant monitoring of future redemption schedules.