Standard Capital Markets Ltd. (BSE: 511700), a leading Non-Banking Financial Company (NBFC), has announced that the board approved the allotment of 7000 unrated, unlisted, secured NCDs, of face value of Rs. 1,00,000, aggregating to INR 70 Cr on private placement basis.
Recently, the board approved the issuance of upto 50,000 Secured, Unlisted, Unrated, Redeemable NCDs, aggregating up to an amount of INR 500 Cr in one or more tranches on a Private Placement basis.
Recently, the company announced a zero-cost EMI scheme for schools and educational institutions to acquire interactive flat panels (IFPs). This initiative is set to revolutionise the way teaching is conducted, offering students and teachers an enriched, tech-driven learning experience.
The introduction of IFPs will not only modernise classrooms but also help schools save significantly on the cost of consumables like chalk and markers. Additionally, the shift away from traditional chalkboards will help reduce respiratory problems caused by chalk dust, creating a healthier environment for students and teachers alike.