SMC Global Securities Limited — Board Meeting, 24-04-2025: Outcome of Board Meeting

SMC Global Securities Limited has announced a board meeting regarding the approval of the allotment of 12,03,042 Secured, Rated, Listed, Redeemable, Non-Convertible Debentures (NCDs) at a face value of ₹1,000 each. The total issue size is ₹15,000 crore, with a base issue of ₹7,500 crore. Applications for the NCDs yielded a valid total allotment of 12,03,042 NCDs after technical rejections. The meeting held specific discussions related to the details and implications of the public issue of NCDs, including coupon rates and payment schedules.