New Delhi: Standard Capital a non-banking financial company (NBFC) will raise Rs 121 crore through the issuance of 12100 non-convertible debentures (NCDs). The company has informed exchanges in two separate filings that its board of directors have approved the allotment. It said that the board has approved allotment of 10000 NCDs and 2100 NCDs for Rs 100000 each aggregating to Rs 121 crore. ... Board of Directors of the Company by circulation held today i.e. Monday May 05 2025 has inter-alia considered and approved the allotment of 2100 unrated unlisted secured NCDs of face value of ₹100000/- each at an issue price of Rs. 100000/- each aggregating to ₹210000000 on Private Placement basis in terms of Private placement cum application letter the filing reads. Earlier the company has informed exchanges that it is awaiting approvals from regulatory authorities including the Reserve Bank of India (RBI) to explore international markets as part of a broader strategy to expand its financial services portfolio and strengthen its global footprint. As part of this initiative the NBFC said that it is evaluating opportunities to establish overseas subsidiaries and strategic partnerships in key global financial hubs. The proposed international ventures will focus on secured and unsecured lending trade finance and wealth management solutions tailored to both individual and institutional clients the company said. Meanwhile benchmark indices Sensex and Nifty declined in early trade on Tuesday facing volatile trends as investors preferred to stay on the sideline a day ahead of the US Federal Reserve’s policy decision. Also range-bound trading prevailed in the markets amid escalating tensions between India and Pakistan following the April 22 terror attack in Pahalgam and concerns over US-China trade negotiations. The 30-share BSE benchmark gauge declined 100.4 points to 80696.44 in early trade despite a positive opening. The NSE Nifty dipped 40.15 points to 24421.