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Standard Capital Markets informs about board meeting

04 Feb 2025 Evaluate
In furtherance to intimation letter dated October 24 2024, October 30 2024, 12th November 2024, 20th December 2024, 15 January 2025, 17 January 2025, 20 January 2025 & 31 January 2025, relating to raising funds by the issue of Non-Convertible Debentures (NCDs) on Private Placement basis and in accordance with Regulation 30 of SEBI LODR Regulations, Standard Capital Markets has informed that the Board of Directors of the Company in its meeting held on February 04, 2025 commenced at 10:30 am and Concluded at 11:25 am has approved the allotment of 2700 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 27,00,00,000 (Indian Rupees Twenty Seven Crores Only) on Private Placement basis in terms of Private placement cum application letter. Details pursuant to SEBI LODR Regulations read with SEBI Circular No. SEBI/HO/CFD/CFD-POD-1/P/CIR/2023/123 dated July 13, 2023, in his connection, has already been disclosed to the Stock Exchange.

The above information is a part of company’s filings submitted to BSE.

Standard Cap Mkt Share Price

0.40 0.01 (2.56%)
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MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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