Standard Capital Markets Begins Redemption Of NCDs

04 Mar 2026 CW Team

Following consideration of its financial strategy, cost of funds and long term business objectives, the company decided not to accept the proposed increase and resolved to proceed with redemption in accordance with the NCD agreement and applicable regulations. The redemption process has started pursuant to the agreed terms, with the company affirming compliance with contractual obligations and statutory provisions. Management stated that the move is intended to preserve financial prudence and discipline while protecting shareholder value.

The company indicated that the decision to redeem reflects a commitment to optimise its capital structure and manage borrowing costs responsibly while seeking to enhance shareholder wealth. It confirmed that the redemption will not have any adverse impact on ongoing operations, liquidity position or planned growth as the company is exploring options to raise capital by way of equity infusion. Standard Capital Markets Limited emphasised that it remains financially stable and focused on expanding business activities in a sustainable and strategic manner.

The company reiterated its commitment to transparency, regulatory compliance and maintaining strong relationships with investors and stakeholders, and advised that the information will be hosted on the company website. The board authorised the disclosure to the stock exchange in line with listing obligations and disclosure requirements. Stakeholders were encouraged to refer to official filings for further details.

Standard Capital Markets Limited announced on February 24, 2026 that it has commenced redemption of its outstanding Non-Convertible Debentures (NCDs) after engaging with the subscriber over a proposed revision to the interest rate. The company explained that the NCDs were originally issued carrying an interest rate of 10 per cent per annum as mutually agreed at the time of issuance. The subscriber recently requested an increase in the interest rate to 13 per cent per annum and the company undertook detailed internal evaluation before reaching a decision. Following consideration of its financial strategy, cost of funds and long term business objectives, the company decided not to accept the proposed increase and resolved to proceed with redemption in accordance with the NCD agreement and applicable regulations. The redemption process has started pursuant to the agreed terms, with the company affirming compliance with contractual obligations and statutory provisions. Management stated that the move is intended to preserve financial prudence and discipline while protecting shareholder value. The company indicated that the decision to redeem reflects a commitment to optimise its capital structure and manage borrowing costs responsibly while seeking to enhance shareholder wealth. It confirmed that the redemption will not have any adverse impact on ongoing operations, liquidity position or planned growth as the company is exploring options to raise capital by way of equity infusion. Standard Capital Markets Limited emphasised that it remains financially stable and focused on expanding business activities in a sustainable and strategic manner. The company reiterated its commitment to transparency, regulatory compliance and maintaining strong relationships with investors and stakeholders, and advised that the information will be hosted on the company website. The board authorised the disclosure to the stock exchange in line with listing obligations and disclosure requirements. Stakeholders were encouraged to refer to official filings for further details.

Real Estate

04 Aug 2026

LML Realty Launches Cinema Campaign on Industrial Vision

LML Realty has launched a cinema advertising campaign in partnership with PVR INOX across 81 screens in Gurugram and Faridabad, showcasing the brand’s transformation from a mobility icon to an industrial infrastructure developer.The campaign features a cinematic brand film tracing LML’s journey since 1972, beginning with its iconic scooters and highlighting its evolution into creating infrastructure solutions that support India’s manufacturing growth.The film focuses on LML Industrial Park at Jhirka Valley, the company’s flagship industrial development approved under the Haryana Govern..

Real Estate

04 Aug 2026

IIM Ahmedabad Publishes Case Study on HoABL’s Business Model

The Indian Institute of Management Ahmedabad (IIMA) has published a case study on The House of Abhinandan Lodha (HoABL), examining the company’s digital-first consumer journey and business model that created India’s branded land category.Titled “HoABL: Ready for Scaling Up”, the case study has been published by the IIMA Case Centre and co-authored by Sourav Borah, Associate Professor of Marketing at IIMA, and Dr Aparna Kansal of IMT Ghaziabad. IIMA case studies are used across management and executive education programmes to help students and business leaders analyse strategic decision..

Infrastructure Energy

04 Aug 2026

Advait Energy and MEIL Partner for Energy Transition Projects

Advait Energy Transitions Limited (AETL) and Manipal Energy Infratech Limited (MEIL), a company of The Manipal Group, have entered into a strategic Memorandum of Understanding (MoU) to collaborate on power and energy transition opportunities across India and international markets.The partnership aims to combine AETL’s expertise in innovative energy technologies and manufacturing with MEIL’s EPC execution capabilities and project management experience. The collaboration will focus on opportunities across Power Transmission & Distribution, Renewable Energy, Battery Energy Storage Systems..