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Standard Capital Markets Invests INR 0.71 Billion for Operational Growth in 2025
Team Finance Saathi
16/Jan/2025
What's covered under the Article:
- INR 0.71 billion additional deployment by Standard Capital Markets Limited.
- Investment aimed at enhancing operational efficiency and scaling up capacity.
- Proceeds from INR 5 billion NCD issuance allocated for strategic growth initiatives.
Standard Capital Markets Limited, a prominent player in the Non-Banking Financial Company (NBFC) sector, has announced an additional deployment of INR 0.71 billion to enhance its operations. This follows an earlier deployment of INR 1.3 billion, reinforcing the company’s commitment to strengthening its operational infrastructure. The company’s focus is on improving operational efficiency, scaling up its capacity, and supporting long-term growth initiatives.
This investment is part of the company’s strategic initiatives post the successful issuance of INR 5 billion Non-Convertible Debentures (NCDs). A total of INR 2.01 billion has been raised and allocated to further bolster its operations. These efforts are designed to reinforce Standard Capital Markets’ position in the market and align with its goal of sustainable growth.
Management has stated that the success of the NCD issuance reflects strong investor confidence in the company’s growth trajectory. The additional INR 0.71 billion deployment is aligned with their focus on operational excellence. The remaining proceeds from the NCD issuance will be allocated towards expansion, working capital needs, and reducing existing liabilities.