New Delhi, Feb. 11 -- Standard Capital Markets Ltd Board of Directors have approved allotment of NCDs worth Rs.100 crore

The Standard Capital Markets Ltd in its intimation to the exchanges announced the outcome of Board Meeting of the Company held on Tuesday February 11, 2025.

Pursuant to the earlier intimations , the Standard Capital Markets on 11 February 2025 said that its Board of Directors have approved the allotment of 10,000 unrated, unlisted, secured NCDs, of face value of Rs. 1,00,000/- each at an issue price of Rs. 1,00,000/- each aggregating to INR 1,00,00,00,000 (Indian Rupees One Hundred Crores Only) on Private Placement basis in terms of Private placement cum application letter.

The Standard Capital Markets already had in...