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Standard Capital Markets gets nod to raise Rs 401.50 crore via NCDS

03 Jul 2024 Evaluate

Standard Capital Markets has received approval for the issuance of Secured, Unlisted, Unrated, Redeemable Non-convertible Debentures (NCDs) having a face value of Rs 10,00,000 each, aggregating up to an amount of Rs 401.50 crore in one or more tranches on a Private Placement basis. The Board of Directors of the company in its Meeting held on July 2, 2024 have, inter alia, considered and approved the same. 

Standard Capital Markets is a Non-Banking Financial Company.


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