Nature and Purpose of the Meeting
The Non-Convertible Debenture Committee of the Board of Directors met to approve the early closure of the public issuance of Secured, Rated, Listed, Redeemable, Non-Convertible Debentures.
Details of Resolutions Passed
The Committee approved the early closure of the NCD issue on Friday, October 9, 2026, which was originally scheduled to close on Friday, October 16, 2026.
The NCD issue details:
- Face value: ₹1,000 per NCD
- Base Issue Size: ₹7,500 Lakh (75,000 NCDs)
- Green Shoe Option: ₹7,500 Lakh (75,000 NCDs)
- Issue Limit: ₹15,000 Lakh (1,50,000 NCDs)
- The debentures are Secured, Rated, Listed, and Redeemable
- Issued pursuant to Prospectus dated September 28, 2026
Financial Impact
The early closure does not alter the financial parameters of the issue. The total fundraising capacity remains up to ₹15,000 Lakh through the issuance of up to 1,50,000 NCDs.
Timing of the Meeting
The Committee Meeting commenced at 11:30 AM and concluded at 11:45 AM on October 8, 2026.
Compliance References
The intimation is made pursuant to:
- Regulations 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Regulation 33A of the SEBI (Issue and Listing of Non-Convertible Securities) Regulations, 2021, as amended
- Reference to company's previous letter dated September 28, 2026
Other Material Disclosures
- Newspaper advertisement regarding early closure will be published in the same newspapers where the pre-issue advertisement was published
- The intimation is available on the company's website at www.smcindiaonline.com
- Signed by Suman Kumar, E.V.P. (Corporate Affairs & Legal), Company Secretary & General Counsel (Membership No. F5824)
Information Not Covered
The document does not specify:
- Detailed allocation methodology for the NCDs
- Specific use of proceeds from the fundraising
- Pricing details or interest rates for the NCDs
- Details about the security or rating of the debentures
- Names of committee members who attended the meeting