SMC Global Securities Approves Draft Prospectus for NCD Issuance

SMC Global Securities Ltd's Non-Convertible Debenture Committee has approved the draft prospectus for a public issuance of Secured, Rated, Listed, Redeemable, Non-Convertible Debentures (NCDs). The issuance aims to raise up to Rs. 7,500 Lakh, with an option to retain oversubscription up to another Rs. 7,500 Lakh, totaling Rs. 15,000 Lakh. The NCDs will have a face value of Rs. 1000/- each and are intended to be listed on BSE Limited. The draft prospectus will be filed with BSE and forwarded to SEBI.