Smc Global Securities Limited has informed the Exchange about Utilisation of Funds
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SMC Global Securities has reported that the full amount of ₹120.30 crore raised through Non-Convertible Debentures (NCDs) in April 2025 has been utilized for the originally stated purposes. The NCDs were issued via public issue in March 2025 and listed on BSE on 25th April 2025. The funds were earmarked for working capital requirements (at least 75%) and general corporate purposes (up to 25%), and 100% of the proceeds have been deployed accordingly. The company has confirmed there is no deviation or variation in the use of funds from the objects stated in the offer document. This disclosure is filed for the quarter ended 30th June 2025 under SEBI LODR Regulation 52(7) and 52(7A).
This is a routine regulatory compliance filing and is neutral for shareholders. It reassures investors that the company has used bondholder money as promised, with no misuse or diversion of funds.