This is in furtherance of our intimation dated 21st August 2025 wherein we informed that the Board of Director of the Company has approved incorporation a wholly owned subsidiary. In ....
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Standard Capital Markets Ltd has formally incorporated Standard ARC Limited as its 100% wholly-owned subsidiary on September 8, 2025, with registered office in Pitampura, New Delhi. The new subsidiary will operate as an Asset Reconstruction Company (ARC) in the financial services sector, focusing on acquiring, restructuring, and resolving distressed assets and non-performing assets (NPAs) under the SARFAESI Act, 2002 and RBI guidelines. It has been set up with an authorized share capital of ₹10 lakh (1 lakh equity shares of ₹10 each), with initial subscription funded 100% in cash at face value. Before starting ARC operations, the subsidiary will need to secure a Certificate of Registration/ARC license from the RBI. This follows the board's earlier approval announced on August 21, 2025.
This marks a strategic move into the regulated distressed asset management space, diversifying the company's business beyond its current operations. Shareholders should note that meaningful business activity from the subsidiary is contingent on RBI approval, and the small initial capital suggests early-stage operations with potential for future capital infusion.