we wish to inform you that the Board of Directors of Standard Capital Markets Limited ("the Company") at its meeting held today i.e. Wednesday 08th July 2026 has inter alia considered and approved the following:Subscription to Compulsorily Convertible Preference Shares (CCPS)The Board has approved the subscription to Compulsorily Convertible Preference Shares ("CCPS") of Sunbridge Solar Power Private Limited in accordance with the terms and conditions set out in the Term Sheet placed before the Board.The proposed investment is in line with the Companys investment strategy and business objectives and is expected to strengthen the Companys investment portfolio.
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