StockWatch
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Stockbroking & Allied
Loan & Debt28 Sept 2026, 07:41 pm

SMC Global Securities Ltd Files Prospectus for ₹15,000 Lakh NCD Issue

AI Summary

SMC Global Securities Ltd has submitted its final prospectus for a public issue of Secured, Rated, Listed, Redeemable, Non-Convertible Debentures (NCDs). The issue has a base size of up to ₹7,500 Lakh, with an option to retain oversubscription up to ₹7,500 Lakh, aggregating to a total issue size of up to ₹15,000 Lakh. The NCDs have a face value of ₹1,000 each. The prospectus was approved by the Non-Convertible Debenture Committee of the Board of Directors on September 28, 2026, and has been forwarded to SEBI. The issue is being made in compliance with SEBI NCS Regulations, 2021, and the Companies Act, 2013. The company has highlighted general risks associated with investing in non-convertible securities.

Key Highlights

  • SMC Global Securities Ltd is issuing Non-Convertible Debentures (NCDs).
  • The total issue size is up to ₹15,000 Lakh.
  • The NCDs are secured, rated, listed, and redeemable.
  • Prospectus submitted to SEBI and approved by the Board Committee.
  • Issue complies with SEBI NCS Regulations and Companies Act, 2013.