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SMC Global Securities Ltd. Reports Full Utilization of NCD Proceeds

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SMC Global Securities Ltd. Reports Full Utilization of NCD Proceeds

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SMC Global Securities Ltd. (India) ( (IN:SMCGLOBAL) ) has issued an announcement.

SMC Global Securities Ltd. announced the issuance of Non-Convertible Debentures (NCDs), which were listed on BSE Limited. The company confirmed that the funds raised, amounting to approximately 120.3 crore INR, have been fully utilized as intended, with no deviations or variations in their use. This move is in line with SEBI regulations, ensuring transparency and adherence to disclosure requirements, which could reinforce investor confidence and support the company’s financial strategies.

More about SMC Global Securities Ltd. (India)

SMC Global Securities Ltd. is a financial services company in India, engaged in activities such as cash, currency, debt, and commodity trading. The company operates under various regulatory registrations and provides a range of financial products and services.

Average Trading Volume: 18,169

Technical Sentiment Signal: Strong Buy

Current Market Cap: 15.18B INR

For a thorough assessment of SMCGLOBAL stock, go to TipRanks’ Stock Analysis page.

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