SMC Global Securities Limited — Important, 30-10-2025: Committee Meeting Updates

SMC Global Securities Limited has completed the allotment of 13,38,586 Secured, Rated, Redeemable, Non-Convertible Debentures (NCDs), each with a face value of Rs. 1,000. This public issue, which had an initial target of up to Rs. 150 crore (Rs. 15,000 lakh), successfully raised Rs. 133.86 crore (Rs. 13,385.86 lakh). These NCDs offer various tenures and effective yields ranging from 9.75% to 10.25%. The NCDs are secured by a charge over the company's Trade Receivables and Margin Trading Facility (MTF) assets, maintaining a minimum 110% security cover. This move strengthens the company's financial position by securing significant capital.