SMC Global Securities revises NCD issue schedule
SMC Global Securities Limited has issued an addendum to its NCD public issue prospectus, primarily to amend the issue schedule. The public issue involves Secured, Rated, Listed, Redeemable, Non-Convertible Debentures (NCDs) with a face value of ₹1,000 each. The base issue size is ₹7,500 lakh, with an option to retain oversubscription of up to ₹7,500 lakh, bringing the total issue size to ₹15,000 lakh.
Under the revised schedule, the NCD issue will now open on Thursday, October 16, 2025, and close on Friday, October 24, 2025. This marks a significant change from the earlier schedule, which had the issue opening on Monday, October 27, 2025, and closing on Monday, November 10, 2025. The NCDs have received a credit rating of "[ICRA] (A Stable)" from ICRA Limited, indicating an adequate degree of safety regarding timely servicing of financial obligations.
The advertisement, published on October 14, 2025, in both the Financial Express (English) and Jansatta (Hindi), serves to inform investors and the public of these critical changes. The company's website, www.smcindiaonline.com, also hosts the updated information.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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