Standard Capital Markets Begins Redemption Of NCDs

04 Mar 2026 CW Team

The debentures were originally issued carrying an interest rate of 10 per cent per annum as agreed at issuance. The subscriber proposed an increase in the interest rate to 13 per cent per annum and the Company undertook a detailed internal evaluation of its financial strategy, cost of funds and long term objectives. After careful consideration, the Company resolved not to accept the proposed increase and determined that redemption was the appropriate course.

Redemption proceedings have commenced in accordance with the contractual terms and applicable regulatory provisions, with the Company affirming compliance at each step. Management stated that the decision prioritises financial prudence and discipline and aims to protect shareholder value while preserving flexibility to pursue growth. The Company is exploring options to raise capital by way of equity infusion and remains focused on optimising its capital structure and managing borrowing costs responsibly.

The Company has indicated that the redemption is not expected to have an adverse impact on ongoing operations, liquidity or its strategic growth plans. Standard Capital Markets Limited reiterated its commitment to regulatory compliance and maintaining strong relationships with investors and stakeholders. The Company will continue to communicate material developments through regulatory filings and its corporate disclosures. Senior management will engage proactively with investors, creditors and regulators to provide clarity on timelines, settlement processes and any consequential refinements to the Company's financing plans while maintaining routine operational disclosure and regular reporting.

Standard Capital Markets Limited (the Company) has initiated the redemption of its outstanding non-convertible debentures following board and management decisions communicated on February 24, 2026 in New Delhi. The action was disclosed to the BSE where the Company is listed under scrip code 511700 and ISIN INE625D01028. The announcement reflects a strategic choice to address recent discussions with a subscriber regarding the terms of those instruments. The debentures were originally issued carrying an interest rate of 10 per cent per annum as agreed at issuance. The subscriber proposed an increase in the interest rate to 13 per cent per annum and the Company undertook a detailed internal evaluation of its financial strategy, cost of funds and long term objectives. After careful consideration, the Company resolved not to accept the proposed increase and determined that redemption was the appropriate course. Redemption proceedings have commenced in accordance with the contractual terms and applicable regulatory provisions, with the Company affirming compliance at each step. Management stated that the decision prioritises financial prudence and discipline and aims to protect shareholder value while preserving flexibility to pursue growth. The Company is exploring options to raise capital by way of equity infusion and remains focused on optimising its capital structure and managing borrowing costs responsibly. The Company has indicated that the redemption is not expected to have an adverse impact on ongoing operations, liquidity or its strategic growth plans. Standard Capital Markets Limited reiterated its commitment to regulatory compliance and maintaining strong relationships with investors and stakeholders. The Company will continue to communicate material developments through regulatory filings and its corporate disclosures. Senior management will engage proactively with investors, creditors and regulators to provide clarity on timelines, settlement processes and any consequential refinements to the Company's financing plans while maintaining routine operational disclosure and regular reporting.

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