SMC Global Securities Limited , a prominent player in the Indian financial services sector, has taken a significant step to bolster its capital base. The company's Non-convertible Debenture Committee has given the green light to a substantial public issuance of secured, rated, listed, redeemable non-convertible debentures (NCDs).

Issue Details

The approved prospectus outlines an ambitious NCD issue with the following key features:

• Base Issue Size: Rs 7,500.00 crore
• Green Shoe Option: Additional Rs 7,500.00 crore for oversubscription
• Total Issue Size: Up to Rs 15,000.00 crore
• Face Value: Rs 1,000.00 per debenture
• Credit Rating: 'ICRA A Stable' by ICRA Limited for up to Rs 40,000.00 crore

Security and Listing

The NCDs will be secured by a pari passu charge over the company's trade receivables and margin trading facility. SMC Global Securities has committed to maintaining a security cover of at least 110% of the outstanding principal and interest.

The company has received in-principle approval from BSE Limited for listing the NCDs, with BSE serving as the Designated Stock Exchange for this issue.

Key Points from LODR Data

Additional details from the company's latest LODR filing reveal:

• The Non-convertible Debenture Committee meeting was held on September 30, 2025.
• The prospectus will be filed with the Registrar of Companies, National Capital Territory Delhi and Haryana, SEBI, and BSE Limited.
• The NCDs will be listed on both BSE Limited and the National Stock Exchange of India Limited.
• The Deemed Date of Allotment will be the date on which the Board or a duly authorized committee approves the Allotment of NCDs.

Investor Information

Potential investors can access the prospectus on the websites of SEBI ( www.sebi.gov.in ), BSE Limited ( www.bseindia.com ), National Stock Exchange of India Limited ( www.nseindia.com ), and SMC Global Securities' own website ( www.smcindiaonline.com ).

This substantial NCD issue by SMC Global Securities represents a significant move in the Indian financial markets, potentially providing investors with a new opportunity in the debt market while allowing the company to raise substantial capital for its operations and growth initiatives.

SMC Global Securities Limited , a prominent financial services firm, has announced a significant move to reward its shareholders. The company's Board of Directors has approved and recommended a bonus share issue in the ratio of 1:1, effectively doubling its paid-up share capital.

Key Details of the Bonus Issue

• Ratio: Shareholders will receive one bonus equity share for every one fully paid-up equity share held.
• Face Value: Each bonus share will have a face value of ₹2.00.
• Total Issue: The company will issue 10.47 crore bonus shares, amounting to ₹20.94 crore.
• Capital Structure: Post-issue, the paid-up share capital will increase from 10.47 crore shares to 20.94 crore shares.

Financial Implications

The bonus issue will be funded by capitalizing a sum not exceeding ₹20.94 crore from the company's reserves. Specifically:

• Capital Redemption Reserve: ₹1.69 crore
• Securities Premium Account: ₹252.02 crore

These figures are based on the audited financial statements for the year ended March 31, 2025.

Timeline and Approval Process

• Board Approval Date: September 24, 2025
• Shareholder Approval: The proposal requires shareholder consent through a postal ballot.
• Expected Credit Date: Within two months of board approval, by November 23, 2025.

Impact on Shareholders

This bonus issue represents a significant value proposition for SMC Global Securities' shareholders. While it doesn't directly impact the company's market capitalization, it effectively increases the number of shares each investor holds without any additional cost.

Corporate Action Details

The company has provided detailed information as required by SEBI regulations:

SMC Global Securities Limited's move to issue bonus shares reflects the company's strong financial position and its commitment to enhancing shareholder value. Investors should note that while the number of shares will double, the proportional ownership and total value of their holdings remain unchanged. The bonus issue is subject to necessary regulatory approvals and is expected to be completed within the stipulated timeframe.