StockWatch
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Stockbroking & Allied
Corporate Action13 Oct 2026, 11:12 am

SMC Global Securities approves allotment of NCDs worth ₹15,000 Lakh

AI Summary

SMC Global Securities Ltd's Non-Convertible Debenture Committee has approved the allotment of 15,00,000 Secured, Rated, Listed, Redeemable, Non-Convertible Debentures (NCDs) with a face value of Rs. 1,000/- each. The total issue size is up to Rs. 15,000 Lakh (₹150 Crore), including a green shoe option. The NCDs will be listed on BSE Limited and are secured by a pari passu charge over the company's trade receivables and MTF.

Key Highlights

  • NCD Committee approved allotment of 15,00,000 NCDs.
  • Total issue size up to Rs. 15,000 Lakh (₹150 Crore).
  • NCDs are Secured, Rated, Listed, and Redeemable.
  • NCDs will be listed on BSE Limited.
  • Security provided by charge over trade receivables and MTF.