SMC Global Securities Limited — Others, 01-04-2025: Corrigendum

SMC Global Securities Limited is set to issue secured, rated, listed, redeemable non-convertible debentures (NCDs) with a face value of ₹1,000 each. The offering targets a base size of ₹7,500 crore, with an option to retain oversubscription also of ₹7,500 crore, aggregating to a maximum of ₹15,000 crore. The NCDs will be rated "[ICRA] (A Stable)" and will open for subscription on April 2, 2025, closing on April 17, 2025. Investors can apply via the Application Supported by Blocked Amount (ASBA) process.

The company has received in-principle approval for listing the NCDs on the BSE. Significant portions of the offer will be allocated to Qualified Institutional Buyers (QIBs), with specific provisions for mutual funds and retail investors. The investments carry a degree of risk, and potential investors are advised to carefully review the associated risk factors before applying.

For Orient Technologies Limited, the company announced the results of a postal ballot where shareholders approved variations in the utilization of proceeds from a prior public issue. The resolution received overwhelming support, indicating strong shareholder confidence.

For Nucleus Software Exports Limited, shareholders are reminded that unclaimed dividends from the financial year 2017-18 will be credited to the Investor Education and Protection Fund (IEPF) by July 1, 2025. The company has sent notices to affected shareholders, providing necessary information for claiming their rights before the deadline.

Other announcements included specific details about open offers and amendments to previously filed proposals, along with updates regarding e-voting and shareholder engagement processes. Overall, these updates signal active management and investor communications aimed at bolstering shareholder value and engagement.