Standard Capital Markets Limited has submitted a corrigendum to its earlier intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, regarding the redemption of Non-Convertible Debentures (NCDs). The company identified inadvertent errors in its previous disclosure dated March 30, 2026, and has now provided revised details to correct the record.

The earlier intimation had reported the partial redemption of 123 NCDs with a face value of ₹10,00,000 each, aggregating to ₹12,30,00,000, as redeemed on March 30, 2026. However, the company has clarified that this figure inadvertently included 98 NCDs that had already been redeemed on February 23, 2026, with a face value of ₹10,00,000 each, aggregating to ₹9,80,00,000.

Revised Redemption Details

Accordingly, the actual redemption made on March 30, 2026, pertains to 25 NCDs with a face value of ₹10,00,000 each, aggregating to ₹2,50,00,000. The company further stated that the earlier reported balance post-redemption of 881 NCDs should now be read as 979 NCDs.

The company confirmed that except for the above changes, all other details mentioned in the earlier intimation remain unchanged. The corrigendum was signed by Ram Gopal Jindal, Managing Director, on April 17, 2026, and submitted to BSE Limited for dissemination on its website.

Standard Capital Markets Limited has executed comprehensive debenture redemptions totaling ₹380.00 crore through board resolutions, demonstrating systematic debt management across multiple NCD series. The company completed these redemptions in two phases, with the latest redemption finalizing the clearance of its Series I Non-Convertible Debentures.

Full Redemption of Series III NCDs

The company completed the full redemption of its Series III Non-Convertible Debentures through a circular resolution passed on April 02, 2026. The redemption details are presented below:

The redemption includes accrued interest payments, and no outstanding amount remains for the Series III NCDs. The company executed this redemption in accordance with the original terms and conditions of issue and applicable legal provisions.

Complete Clearance of Series I NCDs

Following the initial partial redemption approved on April 02, 2026, Standard Capital Markets completed the final redemption of its Series I Non-Convertible Debentures on April 06, 2026. The latest redemption details are:

The company confirmed that upon completion of this redemption, the entire Series I NCDs aggregating to ₹250 crore stand fully redeemed, including all accrued interest, with no outstanding amounts remaining.

Regulatory Compliance and Board Approvals

Both redemption phases received formal board approval through circular resolutions, with Managing Director Ram Gopal Jindal signing the regulatory intimations. The April 06, 2026 redemption was completed within 5 working days of board approval, ensuring compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company has confirmed that necessary arrangements were made for payment of any outstanding interest in accordance with the terms of issue and agreements with debenture holders and trustees. All redemptions adhered to the original terms and conditions established at the time of issuance, maintaining the company's commitment to regulatory compliance and investor obligations.