
NBFC penny stock below Re 1 in focus after conversion of loan worth ₹94 crore into equity | Stock Market News
Source: Live Mint Penny stock, Non-banking financial company (NBFC), Standard Capital Markets on Monday, 19 May 2025, announced that the board of directors has approved the allotment of equity shares to non-promoters as a conversion of outstanding loans, according to the exchange filing. The company allocated 72,45,74,640 equity shares with the face value of Re…