We wish to inform you that the Board of Director of the Company by circular held today consider and approve the Allotment of 10000 NCDs of Series II
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Standard Capital Markets Ltd has completed the allotment of 10,000 unrated, unlisted, secured Non-Convertible Debentures (NCDs) of Series II. Each NCD has a face value and issue price of Rs. 1,00,000, taking the total amount raised to Rs. 100 Crores. The funds were raised through private placement, and this marks the completion of the Series II NCD issuance. This follows multiple earlier intimations between April 30 and May 7, 2025 about the ongoing fundraising.
The company has successfully raised Rs. 100 Crores through debt, which strengthens its capital base but also adds to its debt obligations. The NCDs are unrated and unlisted, so this is a privately placed instrument and unlikely to have a direct impact on the stock's trading liquidity.