techonology penny stock below 1 raises 121 crore via allotment of ncds on private placement basis

Penny Stock Below ?1 Raises ?121 Crore Via Allotment Of Ncds On Private Placement Basis

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Penny stock below ?1: Standard Capital Markets has approved the allotment of 12,100 non-convertible debentures to raise ?121 crore. The penny stock settled at ?0.41, down 2.35%, and has lost 78% in the past year. However, it has gained over 900% in the past five years.