Announced Mon, 23 Mar · 17:53 IST

We wish to inform you that certain inadvertent errors/omissions were noted in the aforesaid disclosure

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Price reaction · full curve 14 horizons · vs prior close
-8.7%1-day move
₹0.46
prior close
₹0.46
base price
After-mkt
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AI summary

Standard Capital Markets Ltd has issued a corrigendum to its earlier disclosure regarding the redemption of Non-Convertible Debentures (NCDs), noting inadvertent errors in the previously reported post-redemption balance figures. The revised numbers show a lower outstanding NCD balance on each reported date compared to the original intimation. For example, on February 21, 2026, the earlier reported post-redemption balance of 48,702 has been revised down to 40,702. Similar downward revisions appear for February 23, February 28, March 20, and March 23, 2026, with the March 23 figure corrected from 31,202 to 23,202. The correction indicates more NCDs were redeemed than initially disclosed, though the company has clarified that all other details of the earlier filing remain unchanged.

Likely market impact

The corrigendum suggests greater NCD redemption activity than previously reported, which marginally reduces the company's outstanding debt and is mildly positive for shareholders, though it also raises minor questions about the accuracy of prior disclosures.