Standard Capital Markets announces additional deployment of Rs 0.71 billion to boost operations

Standard Capital Markets Limited, a leading Non-Banking Financial Company (NBFC), has announced an additional deployment of ₹0.71 billion towards enhancing its operational capacity. This follows the earlier allocation of ₹1.3 billion, bringing the total deployment to ₹2.01 billion from the recently raised ₹5 billion via Non-Convertible Debentures (NCDs).

The company’s management highlighted that this strategic investment aims to bolster operational efficiency, scale up capacity, and support overall growth. A statement from the leadership emphasized, “The successful issuance of these NCDs reflects strong investor confidence in our business model. This additional deployment aligns with our commitment to operational excellence and fortifying our market position.”

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Beyond operational enhancements, the remaining proceeds from the NCD issuance will be utilized for strategic initiatives, including expansion plans, working capital requirements, and reducing existing liabilities. The company remains focused on sustainable growth and delivering long-term value to both stakeholders and customers.