Penny stock under £ 1 jumps to allocation of NCDs worth £ 170 crore | Einsmark news

Penny shares under £ 1: Standard Capital shares, a micro-CAP NBFC share, achieved more than 2% in the trade on Thursday, May 15, following the announcement of £ 170 Crore fundraising via the award of non-conceptible debentures (NCDs). The board of directors of the company at their meeting held on Wednesday, May 14, considered the award of 17,000 unlisted, unlisted, insured NCDs of series IV at an expense price of £ 1,00,000/- each of them to £ 170. “… We would like to inform you that the Council of Directors of the Company is held by the circulation today, that is, Wednesday, May 14, 2025, the award of 17000 unlisted, unlisted, insured NCDs of series IV of the face value of £ 1.00,000/- each at an expense of £ 1,00 000 £- Private placement, “said Standard Capital in a filing at the exchanges. More to come …