Standard Capital Markets Ltd (511700)

Standard Capital Markets to Incorporate Insurance Broking Subsidiary - 09 May, 2024

Standard Capital Markets has approved the incorporation of a subsidiary company, Standard Insurance Broking Limited, to deal with insurance broking business. The subsidiary will act as a direct broker under IRDAI regulations and has already received NOC from IRDAI.

Standard Capital Markets Announces Interim Dividend and Acquisition of Wholly-Owned Subsidiary - 03 May, 2024

Standard Capital Markets Ltd has announced an interim dividend of 1% per equity share for FY 2023-24. The record date for eligibility determination is May 13, instead of the earlier informed May 10. Additionally, the company acquired KRV Brooms Private Limited as a wholly-owned subsidiary.

Standard Capital Markets to Consider Special Dividend and Fundraise Proposal - 26 Apr, 2024

The board of directors of Standard Capital Markets Ltd will consider a special dividend for eligible shareholders and a fundraise proposal through the issuance of fresh shares in an upcoming meeting next week.

Standard Capital Markets to Consider Special Dividend, Acquires KRV Brooms - 25 Apr, 2024

Standard Capital Markets Ltd's board of directors will meet on April 30 to consider a special dividend for FY23-24 and fix the record date. The company has also acquired KRV Brooms Private Limited, making it a wholly-owned subsidiary.