Standard Capital Markets is planning to establish its own Asset Reconstruction Company (ARC). This new venture will focus on the management and resolution of distressed assets and non-performing loans (NPLs) in the financial sector, with a strong commitment of Rs 300 crore from the company.
As part of this strategic initiative, Standard Capital Markets will also act as a sponsor for the ARC. The company expects to achieve a return on investment of 15-20% over the medium to long term, based on the anticipated success of resolving distressed assets and improving recovery rates. This expected return reflects the company's confidence in the potential of the ARC to deliver substantial value both for its investors and the financial ecosystem.
The ARC will specialize in acquiring distressed assets, managing and restructuring them, and facilitating the resolution of NPLs. With the backing of a committed Rs 300 crore, the ARC aims to revitalize troubled businesses, improve asset recovery, and enhance the overall stability of the financial sector.
Standard Capital Markets is a Non-Banking Financial Company.
| Company Name | CMP |
|---|---|
| Bajaj Finance | 907.45 |
| Shriram Finance | 1034.20 |
| Aditya Birla Capital | 337.25 |
| Chola Invest & Fin. | 1569.50 |
| Tata Capital | 336.20 |
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