Standard Capital Markets Limited has completed the final redemption of its Non-Convertible Debentures worth ₹232.02 crore, marking the full redemption of its entire ₹500 crore NCD issue. The Board of Directors approved the redemption of 23,202 NCDs on March 24, 2026, through a resolution passed by circulation, as communicated to BSE Limited via reference number SCML/2025-26/425.

Final NCD Redemption Details

The latest redemption represents the final tranche of the company's Secured, Unlisted, Unrated, Redeemable Non-Convertible Debentures. Each NCD carries a face value of ₹1,00,000, with the total redemption amount aggregating to ₹2,32,02,00,000 along with accrued interest.

The redemption will be effected in one or more tranches within five working days from the Board approval date, in accordance with the terms of issue and the Debenture Trust Deed dated October 24, 2024.

Complete NCD Issue Closure

With this final redemption, Standard Capital Markets will have fully redeemed its entire NCD issue aggregating to ₹500 crore that was originally issued on October 24, 2024. The company confirmed that upon completion of this redemption, together with prior redemptions already undertaken, no amount will remain outstanding in respect of the NCD issue.

Previous Redemption Corrections

Earlier, the company had issued a corrigendum on March 23, 2026, correcting inadvertent errors in NCD redemption balance figures across multiple redemption dates. The corrections addressed discrepancies in post-redemption balances, with the most significant revision relating to the March 23, 2026 redemption balance.

Corporate Compliance

Managing Director Ram Gopal Jindal (DIN: 06583160) digitally signed the latest intimation on March 24, 2026, ensuring compliance with Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The company had previously amended the repayment structure of these NCDs from the original bullet repayment to enable redemption upon receipt of receivables from pledged and charged securities.

Standard Capital Markets Limited has announced an additional fund infusion of ₹100 crore by its promoter group, reinforcing the financial foundation of the Non-Banking Financial Company (NBFC). The announcement was made on March 18, 2026, through a press release filed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Fund Infusion Details

The latest capital injection represents a continuation of the promoter group's financial support, building upon a previous infusion disclosed on December 2, 2025. The funding structure demonstrates sustained commitment from the company's promoters:

Strategic Deployment of Funds

The additional ₹100 crore will serve multiple strategic purposes aimed at strengthening Standard Capital Markets Limited's market position. The company plans to deploy the funds towards expanding its lending portfolio while maintaining robust underwriting standards. The capital will also support optimization of the company's capital structure and ensure compliance with applicable regulatory norms prescribed for NBFCs.

Beyond immediate operational requirements, the enhanced capital base will enable investments in:

• Operational efficiencies and digital capabilities
• Risk management systems enhancement
• Technology-driven solutions for improved customer experience
• Credit assessment mechanisms and faster turnaround times

Management Commentary

The company's management emphasized the significance of the continued promoter support, stating that the additional infusion reaffirms the promoter group's strong belief in the company's strategy and growth trajectory. The management highlighted that this backing enables further strengthening of the financial position while pursuing sustainable growth through prudent risk management practices.

Market Context and Business Impact

The fund infusion comes at a time when the financial services sector is experiencing evolving opportunities and increasing demand for structured credit solutions. The strengthened balance sheet and improved liquidity profile will position Standard Capital Markets Limited to effectively capitalize on emerging growth opportunities in the NBFC sector.

The company remains focused on maintaining transparency, sound governance, and disciplined financial management while creating long-term value for all stakeholders. As a registered NBFC engaged in financial services, including lending and investment activities, Standard Capital Markets Limited continues to adapt to changing market dynamics while maintaining a balanced risk-return profile.