SMC Global Securities Board Approves INR1.5 Billion Debt Issue

MT Newswires Live
02-28

SMC Global Securities' (NSE:SMCGLOBAL, BOM:543263) board approved the terms and draft prospectus for a public issue of secured, listed, redeemable, non-convertible debentures worth up to 750 million Indian rupees, according to an Indian bourse filing on Thursday.

The issue includes a green shoe option to retain oversubscription of up to 750 million rupees, the financial services provider said in the filing.

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