SMC Global Securities Limited — Important, 02-09-2025: Committee Meeting Updates

SMC Global Securities' Non-Convertible Debenture Committee has approved the terms for a public issue of NCDs. This follows an earlier board approval for a secured, rated, listed, redeemable NCD issue. The company aims to raise up to Rs. 75 crore (base issue) with an option to retain oversubscription of another Rs. 75 crore, totaling up to Rs. 150 crore. The NCDs will be listed on BSE. This move is crucial for the company's funding and capital structure, providing new avenues for raising capital.