Standard Capital Markets Ltd has approved a strategic investment of ₹1,200 crore to subscribe to the Compulsorily Convertible Preference Shares (CCPS) of Sunbridge Solar Power Private Limited. The Board of Directors sanctioned the proposal at its meeting held on Wednesday, July 08, 2026, aiming to strengthen and diversify the company's investment portfolio. This move marks a significant expansion into the renewable energy sector, aligning with the company's business objectives.

The transaction involves the acquisition of 8,81,380 CCPS, each with a face value of ₹10, at an issue price of ₹13,615 per share. The investment will be made entirely through cash consideration. Sunbridge Solar Power Private Limited, incorporated on July 04, 2022, is currently engaged in establishing, operating, and managing power generation projects using solar energy, including related EPC services and engineering activities in India. As the project is under construction, the investee company currently reports no turnover.

Investment Details

The following table outlines the key financial particulars of the proposed subscription:

The Board confirmed that the proposed investment does not constitute a related party transaction. Furthermore, none of the promoters, the promoter group, or other group companies hold any interest in Sunbridge Solar Power Private Limited. The transaction is structured as an arm's length deal.

Transaction Timeline and Approvals

The completion of the acquisition is subject to the execution of definitive agreements and the fulfilment of conditions precedent. The company disclosed that no specific governmental or regulatory approvals are currently required for this transaction. Upon subscription, the percentage of CCPS held by Standard Capital Markets Ltd will be determined by the definitive transaction documents. The resultant equity shareholding post-conversion will be governed by the agreed conversion terms.

The regulatory disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the relevant SEBI Master Circular. The Board meeting, which commenced at 11:30 A.M. and concluded at 11:50 A.M., was chaired by Managing Director Ram Gopal Jindal.

Standard Capital Markets Limited reported a standalone net profit of ₹7704.12 lakh for the quarter ended March 31, 2026. Total income for the quarter increased to ₹18641.43 lakh, compared to ₹5950.91 lakh in the same period of the previous year. The company's board approved the audited financial results during its meeting on May 29, 2026.

Standalone Financial Performance

The standalone financial results for the quarter and year ended March 31, 2026, show significant growth in both income and profitability. Total expenses for the quarter were recorded at ₹7978.86 lakh. The net profit before tax for the quarter stood at ₹10662.58 lakh.

Consolidated Results

On a consolidated basis, the company reported a net profit of ₹7759.49 lakh for Q4FY26. Total income for the consolidated entity was ₹18636.33 lakh for the quarter, while total expenses were ₹7979.96 lakh. The paid-up equity share capital remained constant at ₹24545.78 lakh.

The financial results have been prepared in accordance with the Companies (Indian Accounting Standards) Rules 2015. The statutory auditors have audited the financial results for the quarter and year ended March 31, 2026.