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:\r\nSubscription to Compulsorily Convertible Preference Shares (CCPS)\r\nThe 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.\r\nThe proposed investment is in line with the Company's investment strategy and business objectives and is expected to strengthen the Company's investment portfolio.\r\n\r\n