SMC Global Securities Limited — QIP/Rights/Pref., 26-07-2025: Issue of Securities
26-07-2025 | 05:55 pm
26-07-2025 | 05:55 pm
SMC Global's board has approved a public issue of Non-Convertible Debentures (NCDs). The company plans to raise up to Rs. 150 Cr through this issue, comprising a base issue of Rs. 75 Cr with an option to retain oversubscription of another Rs. 75 Cr. Each NCD will have a face value of Rs. 1000. This fund-raising initiative aims to strengthen the company's financial position. This move offers investors a chance to participate in secured, rated debentures. The specific use of proceeds was not detailed in this announcement.
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