SMC Global Securities Limited — Others, 26-07-2025: Others
26-07-2025 | 05:50 pm
26-07-2025 | 05:50 pm
SMC Global Securities Limited's Board has approved raising funds through a public issue of secured, redeemable non-convertible debentures (NCDs). The company plans to raise up to Rs. 750 crore initially, with an option to retain oversubscription of an additional Rs. 750 crore, bringing the total potential fundraising to Rs. 1,500 crore. These NCDs will have a face value of Rs. 1000 each, accounting for 15,00,000 NCDs. This strategic move aims to strengthen the company's financial resources, which is significant for its operational stability and future expansion initiatives.
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