Monday, February 17, 2025

Standard Capital Markets Announces Additional Deployment of INR 0.71 Billion

Standard Capital Markets Ltd. a leading player in Non-Banking Financial Company (NBFC), in continuation of its previous press release dated 17th December 2024, is pleased to announce an additional deployment of INR 0.71 billion towards its operations, complementing the earlier deployment of INR 1.3 billion.

This investment comes as part of the company’s strategic initiatives following the successful issuance of INR 5 billion Non-Convertible Debentures (NCDs). The company has effectively raised and allocated INR 2.01 billion towards further strengthening its operational infrastructure. The focus of this deployment is on enhancing operational efficiency, scaling up capacity, and supporting the company’s overall growth trajectory.

The management of Standard Capital Markets Limited added, “The successful issuance of these NCDs reaffirms strong investor confidence in our business model and growth prospects. Deploying INR 0.71 billion towards our operations aligns with our commitment to driving operational excellence and fortifying our market position. Our focus remains on generating long-term value for our shareholders and customers.”

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