Standard Capital Markets Announces MD Transition and AGM Schedule

Mr. Krishnan appointed as Managing Director effective Sept 30, 2026; AGM confirmed for Sept 29, 2026.

Reader Takeaway: Leadership continuity is prioritized as the outgoing MD remains on board, while AGM processes are finalized.

What just happened

Standard Capital Markets Limited has formalized a leadership transition at the executive level. Current Managing Director Mr. Ram Gopal Jindal will step down on September 29, 2026, citing health reasons, but will retain his seat on the board as an Executive Director. Effective September 30, 2026, Mr. Krishnan will assume the role of Managing Director for a five-year term, pending shareholder approval.

Annual General Meeting Details

The company has set the date for its 39th Annual General Meeting for Tuesday, September 29, 2026, at 12:00 P.M. The meeting will be conducted through video conferencing. For shareholders, the register of members and share transfer books will remain closed from September 23, 2026, through September 29, 2026. The cut-off date for eligibility for remote e-voting is set for September 22, 2026.

What changes now

Shareholders will now look toward the upcoming AGM to formally approve the new leadership structure. The appointment of Mr. Krishnan represents a strategic shift while maintaining internal stability. With Mr. Jindal moving to an Executive Director role, the institutional memory remains within the board’s reach.

What to track next

Investors should monitor the outcome of the e-voting process, for which M/s. Nitika G & Associates have been appointed as scrutinizers. The transition of the MD role is the primary governance event ahead of the formal AGM proceeding.