Scrip Code / Symbol: BSE: 543263, NSE: SMCGLOBAL

Nature and Purpose of the Meeting

The Non-Convertible Debenture Committee meeting was held to approve terms and details for a public issuance of Secured, Rated, Listed, Redeemable, Non-Convertible Debentures (NCDs). This follows the Board of Directors' approval granted on July 26, 2026.

Details of Resolutions Passed

The Committee approved:

  • The Terms of the Issue for the NCD public issuance
  • The Draft Prospectus to be filed with BSE Limited and forwarded to SEBI

The NCD details include:

  • Face value: ₹1,000 per NCD
  • Base Issue Size: Up to ₹7,500 lakh (₹75 crore)
  • Green Shoe Option: Option to retain oversubscription up to ₹7,500 lakh (₹75 crore)
  • Total maximum issue size: ₹15,000 lakh (₹150 crore)
  • Total maximum number of NCDs: 15,00,000
  • Security: The NCDs will be secured by a pari passu charge with existing secured creditors over the Trade Receivables and MTF of the Company, created in favor of the Debenture Trustee
  • Type: Secured, Rated, Listed, Redeemable, Non-Convertible Debentures
  • Listing: The NCDs are intended to be listed on BSE Limited

Specific terms including tenure, coupon/interest rates, payment schedules, redemption details, and default provisions will be specified in the Prospectus.

Financial Impact

The total capital that may be raised through this issuance is up to ₹15,000 lakh (₹150 crore).

Timing of the Meeting

The meeting commenced at 5:30 pm and concluded at 6:00 pm on September 15, 2026.

Compliance References

The disclosure is made under:

  • Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015
  • SEBI Master Circular SEBI/HO/DDHS/DDHS-PoD/P/CIR/2025/0000000137 dated October 15, 2025

The Draft Prospectus will be made available on:

  • SEBI website: www.sebi.gov.in
  • BSE website: www.bseindia.com
  • Lead Manager website: www.corporateprofessionals.com
  • Company website: www.smcindiaonline.com

Other Material Disclosures

  • No special rights/interest/privileges are attached to the instrument
  • No cancellation or termination of the issuance proposal has occurred
  • The document was signed by Suman Kumar, E.V.P. (Corporate Affairs & Legal), Company Secretary & General Counsel (Membership No. F5824)