Standard Capital Markets Limited's Board of Directors approved the partial redemption of secured non-convertible debentures worth ₹1.21 crore through a circular resolution on January 5, 2026. The company informed BSE Limited about this decision under Regulation 30 of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015.

Debenture Redemption Details

The redemption involved 121 secured, unlisted, unrated, redeemable non-convertible debentures, each carrying a face value of ₹1,00,000. The transaction specifics are outlined below:

Issuance and Timeline

The redeemed debentures were originally allotted to holders during the period from October 30, 2024, to February 14, 2025. The redemption request was initiated by the debenture holder through their letter dated October 28, 2024. The Board's approval for the partial redemption was obtained on January 5, 2026, with majority directors providing their consent.

Regulatory Compliance

The redemption was executed in accordance with the terms and conditions established at the time of issuance of these secured non-convertible debentures. Standard Capital Markets filed the disclosure with BSE Limited, where the company's shares are listed under scrip code 511700 with ISIN INE625D01028.

Post-Redemption Position

Following this partial redemption, Standard Capital Markets retains 49,879 outstanding secured non-convertible debentures. The redemption demonstrates the company's commitment to honoring its debt obligations as per the agreed terms and maintaining regulatory compliance through timely disclosures to the stock exchange.

Ajay R. Shah has disclosed the sale of 1,00,000 equity shares of Organic Coatings Ltd through an off-market transaction completed on December 31, 2025. The disclosure was filed with BSE Ltd under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 2011.

Transaction Details

The sale represents a 1.00% reduction in Shah's shareholding in the company. The transaction was executed through off-market mode, indicating a private sale arrangement rather than through the stock exchange.

Shareholding Pattern Changes

The transaction has resulted in a significant reduction in Shah's stake in Organic Coatings Ltd. His shareholding pattern before and after the transaction shows the following changes:

Company Information

Organic Coatings Ltd, listed on BSE with stock code 531157, maintains a total equity share capital of 99,74,600 shares. The company's share capital remained unchanged following this transaction, as it involved a transfer of existing shares rather than any fresh issuance or buyback.

Regulatory Compliance

Shah's disclosure confirms compliance with SEBI regulations requiring substantial shareholders to report changes in their holdings. The seller has confirmed that he does not belong to the promoter or promoter group of the company. The disclosure was made in the prescribed format and submitted to both BSE Ltd and the company secretary of Organic Coatings Ltd.

The transaction details indicate that Shah held no encumbered shares, voting rights other than through equity shares, or any convertible securities in the company either before or after the sale.