SMC Global Securities Limited — Important, 19-03-2025: Committee Meeting Updates

SMC Global Securities Limited's Non-convertible Debenture Committee has approved the prospectus for a public issuance of secured, rated, listed, redeemable non-convertible debentures (NCDs) of face value ₹1,000 each, with a base issue size of ₹7,500 crore and an option to retain oversubscription of up to ₹7,500 crore. This issuance aims to raise a total of ₹15,000 crore. The NCDs have received an ICRA rating of A with a stable outlook, which is likely to strengthen investor confidence. The successful placement of these NCDs could enhance the company's financial flexibility and operational capacity.