This is to inform you that thecompany has received a Letter of Intent from RP of Three C infratech Private Limited and the Company has also accepted.
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Awaiting price reaction for this filing.
Standard Capital Markets Ltd has received a Letter of Intent (LoI) on 18 December 2025 from the Resolution Professional of Three C Infratech Private Limited, whose Corporate Insolvency Resolution Process (CIRP) is underway under the Insolvency and Bankruptcy Code, 2016, at the NCLT Delhi Bench. The Letter of Intent confirms that the Committee of Creditors (CoC) of Three C Infratech has approved the resolution plan submitted by Standard Capital Markets. The company formally accepted the LoI on 19 December 2025. The resolution plan will now be placed before the NCLT for final approval, with implementation also subject to other regulatory or court clearances.
This is a positive development for Standard Capital Markets shareholders, as CoC approval is a major milestone toward taking over/turning around Three C Infratech through the IBC route. The stock may see positive sentiment, but the acquisition is not final yet and depends on NCLT approval and other regulatory clearances, so some uncertainty remains.