SMC Global Securities Limited — Important, 30-09-2025: Committee Meeting Updates

SMC Global Securities' Non-convertible Debenture Committee approved a public issue of Secured, Rated, Redeemable Non-Convertible Debentures (NCDs). The base issue size is up to 75 Cr, with an option to retain oversubscription up to 75 Cr, bringing the total issue size to 150 Cr. Each NCD has a face value of Rs 1,000. These NCDs carry an 'ICRA A Stable' rating for an amount up to 400 Cr and are proposed for listing on BSE. They will be secured by the company's Trade Receivables and MTF, ensuring a security cover of at least 110% of the outstanding principal and interest. The prospectus for this issue will be filed with relevant authorities.