Standard Capital Markets is all set to invest an additional amount of Rs 209 crore towards its operations, complementing the earlier investment of Rs 201 crore. This additional investment is a key part of the company’s strategic initiatives, following the successful issuance of Rs 500 crore in Non-Convertible Debentures (NCDs).
Having raised and allocated Rs 500 crore, the company is leveraging these funds to further strengthen its operational infrastructure, thereby positioning itself for increased returns in the upcoming quarter and enhancing its overall profitability.
Standard Capital Markets is a Non-Banking Financial Company.