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SMC Global Securities Allots Over 1.3 Million Non-Convertible Debentures

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SMC Global Securities Allots Over 1.3 Million Non-Convertible Debentures

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

SMC Global Securities Ltd. announced the successful allotment of 13,38,586 secured, rated, listed, redeemable, non-convertible debentures, each with a face value of Rs. 1,000, amounting to a significant financial move within the industry. This issuance, which includes a green shoe option, underscores the company’s strategic efforts to strengthen its financial position and expand its market reach, potentially impacting stakeholders positively by enhancing liquidity and investment opportunities.

More about SMC Global Securities Ltd. (India)

SMC Global Securities Ltd. is a company operating in the financial services industry, primarily focusing on securities and investment services. The company is involved in the issuance and management of financial instruments such as non-convertible debentures, catering to a diverse market segment.

Average Trading Volume: 3,957

Technical Sentiment Signal: Buy

Current Market Cap: 14.35B INR

Find detailed analytics on SMCGLOBAL stock on TipRanks’ Stock Analysis page.

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