We Wish to inform you that the company has received the disclosure under Reg 29(1) of SEBI (SAST) Reg 2011 from Flash Merchandise Private Limited
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Flash Merchandise Private Limited has acquired 38,46,15,384 equity shares (15.67% of total voting capital) of Standard Capital Markets Ltd through a preferential allotment made on May 19, 2025. Before this acquisition, Flash Merchandise held NIL shares in the company; after the acquisition, it holds 15.67% of voting rights. The company issued a total of 72,45,74,640 equity shares on a preferential basis, raising its total share capital from Rs. 173 crore (173 crore shares) to Rs. 245.45 crore (245.45 crore shares) of face value Re. 1 each. Flash Merchandise Private Limited is not part of the promoter or promoter group of Standard Capital Markets Ltd.
Existing shareholders face significant equity dilution, with total share count rising roughly 42% in a single transaction. A new non-promoter entity now holds over 15% voting rights, which may shift influence in future corporate decisions and warrants attention to subsequent changes in the shareholding pattern.