Issue of Securities

Date: September 15, 2026 Listing Operations Listing Department BSE Limited, National Stock Exchange of India Phirojee Jeejeebhoy Towers Limited, Dalal Street, Exchange Plaza, C-1, Block G, Mumbai – 400023 Bandra-Kurla Complex, Scrip Code: 543263 Bandra (E), Mumbai – 400051 Debentures Scrip Code: 940727,940717,940317,940325,940319, Symbol - SMCGLOBAL 940323,939639,939655,940725,940321, 939651,939657,939643,940327,939647, 940719,940721 and 940723 Subject : Draft Prospectus for the Public Issue of Non-Convertible Debentures by SMC Global Securities Limited (“the Company”) in accordance with the provisions of Regulation 27 of the Securities and Exchange Board of India (Issue and Listing of Non-Convertible Securities) Regulations, 2021 (“SEBI NCS Regulations”). Dear Sir/Madam, With reference to the captioned subject and the Public Issue of Secured, Rated, Listed, Redeemable, Non-Convertible Debentures of face value of Rs. 1000/- each (“NCDS") for an amount of up to Rs. 7,500 Lakhs (“Base Issue Size”) with an option to retain oversubscription up to Rs. 7,500 Lakhs (“Green Shoe Option”) (“the Issue”), we have duly submitted the Draft Prospectus for the Public Issue of Non-Convertible Debentures, which was duly approved by the Non-Convertible Debenture Committee of the Board of Directors of the Company in their meeting held on September 15, 2026 for seeking public comments. The copy of the same has been being forwarded to the Securities and Exchange Board of India (“SEBI"). Additionally, the Draft Prospectus will be available on the website of SEBI at www.sebi.gov.in; Stock Exchange at www.bseindia.com, Lead Manager i.e. www.corporateprofessionals.com and the Company i.e. www.smcindiaonline.com. We request you to take the above on record and treat the same as compliance under the applicable provisions of the Securities and Exchange Board of India (Issue and Listing of Non- Convertible Securities) Regulations, 2021, as amended. This is for your information and record. Thanking you, Yours Faithfully, For SMC Global Securities Limited Suman Kumar E.V.P. (Corporate Affairs & Legal), Company Secretary & General Counsel Membership No. F5824 Draft Prospectus (Please scan this QR code to view this Draft Prospectus) Dated: September 15, 2026 SMC GLOBAL SECURITIES LIMITED Our Company was incorporated in New Delhi on December 19, 1994, under the Companies Act, 1956, as amended (the “Companies Act”), as 'SMC Global Securities Limited', a public limited company, pursuant to a Certificate of Incorporation issued by the Registrar of Companies, Delhi - I. Our Company received a certificate of commencement of business on January 2, 1995. For further details, see “General Information” on page 60 of this Draft Prospectus. Corporate Identity Number: L74899DL1994PLC063609; PAN: AAACS0581R Registered Office: 11/6B, Shanti Chamber, Pusa Road, New Delhi -110 005, India Tel: +91-11-3011 1000/4075 3333; Website: www.smcindiaonline.com; Email: smcncd@smcindiaonline.com Company Secretary and Compliance Officer: Suman Kumar; Tel: +91-11-3011 1000; Email: sumankumar@smcindiaonline.com Chief Financial Officer: Rohit Nayyar; Tel: +91-11-3011 1000; Email: rohit.n@smcindiaonline.com PUBLIC ISSUE BY OUR COMPANY OF SECURED, RATED, LISTED, REDEEMABLE, NON-CONVERTIBLE DEBENTURES OF FACE VALUE OF ₹1,000 EACH (“NCDS”) FOR AN AMOUNT UP TO ₹7,500 LAKH (“BASE ISSUE SIZE”) WITH AN OPTION TO RETAIN OVERSUBSCRIPTION UP TO ₹7,500 LAKH (“GREEN SHOE OPTION”), AGGREGATING UP TO 15,00,000 NCDs FOR AN AGGREGATE AMOUNT OF UP TO ₹15,000 LAKH (“ISSUE SIZE” OR “ISSUE LIMIT”) (HEREINAFTER REFERRED TO AS THE “ISSUE”) THROUGH THIS DRAFT PROSPECTUS (THE “ISSUE DOCUMENT”). THIS ISSUE IS BEING MADE PURSUANT TO THE PROVISIONS OF THE SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE AND LISTING OF NON - CONVERTIBLE SECURITIES) REGULATIONS, 2021, AS AMENDED (THE “SEBI NCS REGULATIONS”), THE COMPANIES ACT, 2013 AND RULES MADE THEREUNDER, AS AMENDED (THE “COMPANIES ACT, 2013”) AND SEBI MASTER CIRCULAR BEARING NO. SEBI/HO/DDHS/DDHS-PoD/P/CIR/2025/0000000137) DATED OCTOBER 15, 2025 (“SEBI MASTER CIRCULAR”), AS AMENDED. THIS ISSUE IS NOT PROPOSED TO BE UNDERWRITTEN. OUR PROMOTERS Our Promoters are: (i) Subhash Chand Aggarwal; (ii) Mahesh C Gupta; (iii) Damodar Krishan Aggarwal; (iv) Sushma Gupta; (v) Himanshu Gupta and (vi) Pranay Aggarwal, Email: smcncd@smcindiaonline.com; Tel: +91-11-30111 000. For further details, see “Our Promoters” on page 206 of this Draft Prospectus. GENERAL RISKS Investment in non-convertible securities is risky and investors should not invest any funds in such securities unless they can afford to take the risk attached to such investments. Investors are advised to take an informed decision and to read the risk factors carefully before investing in this offering. For taking an investment decision, investors must rely on their examination of the issue including the risks involved in it. Specific attention of investors is invited to statement of risk factors contained under “Risk Factors” and “Material Developments” on page 21 and 212 respectively of this Draft Prospectus. These risks are not, and are not intended to be, a complete list of all risks and considerations relevant to the non-convertible securities or investor’s decision to purchase such securities. This Draft Prospectus has not been and will not be approved by any regulatory authority in India, including the Securities and Exchange Board of India (“SEBI”), the Reserve Bank of India (“RBI”), Registrar of Companies (“RoC”) or any stock exchange in India nor do they guarantee the accuracy or adequacy of this document. ISSUER'S ABSOLUTE RESPONSIBILITY Our Company, having made all reasonable inquiries, accepts responsibility for and confirms that this Draft Prospectus, contains and will contain all information with regard to our Company and the Issue, which is material in the context of this Issue. The information contained in this Draft Prospectus, is true and correct in all material respects and is not misleading and that the opinions and intentions expressed herein are honestly stated and that there are no other facts, the omission of which makes this Draft Prospectus as a whole or any of such information or the expression of any such opinions or intentions misleading. CREDIT RATING The NCDs proposed to be issued pursuant to this Issue have been rated ‘ICRA A Stable’ (pronounced as ICRA A Stable) by ICRA Limited for an amount of up to ₹51,279.00 Lakh by way of its letter September 14, 2026. Ratings issued by ICRA Limited are valid as on the date of this Draft Prospectus and will continue to be valid for the life of the instrument unless withdrawn or reviewed. Instruments with this rating are considered to have an adequate degree of safety regarding timely servicing of financial obligations. Such instruments carry low credit risk. The rating provided by ICRA Limited may be suspended, withdrawn or revised at any time by the assigning rating agency and should be evaluated independently of any other rating. These ratings are not a recommendation to buy, sell or hold securities and investors should take their own decisions. For the rationale, and press release for these ratings, see “Annexure B” of this Draft Prospectus, on page 758 of this Draft Prospectus. PUBLIC COMMENTS The Draft Prospectus dated September 15, 2026, shall be filed with the BSE Limited, pursuant to Regulation 27(2) of the SEBI NCS Regulations for public comments for a period of 1 (one) Day (i.e., until 5:00 p.m.) from the date of filing of the Draft Prospectus with the Stock Exchange. All comments on this Draft Prospectus are to be forwarded to the attention of the Compliance Officer of the Issuer. Comments may be sent through post, facsimile or e-mail. Please note that all comments by post must be received by the Issuer by 5:00 p.m. (IST) within 1 (one) Day from the date on which this Draft Prospectus is hosted on the website of the Stock Exchange. All comments received on this [Showing first 8,000 characters — download PDF for full document]