SMC Global Securities Board Approves ₹150 Crore NCD Issue to Bolster Capital Base
SMC Global Securities Limited's Board has authorized a public offering of Non-Convertible Debentures (NCDs) to raise up to ₹150 crore. The capital-raising exercise is designed with a base issue size of ₹75 crore and an equal oversubscription option to strengthen the firm's financial position.
Choice International Subsidiaries Secure Government Mandates Worth ₹191.38 Crore
Choice International Ltd has secured multiple government mandates through its subsidiaries with a cumulative contract value of ₹191.38 crore. These projects span diverse sectors including digital governance, railway infrastructure, and project management consultancy across several Indian states, marking a significant expansion of the company's consulting division.
MCX Launches Silver 100 Futures to Expand Bullion Portfolio Amid 291% Profit Growth
Multi Commodity Exchange of India Ltd (MCX) has launched the 'Silver 100' futures contract to broaden its bullion portfolio and cater to retail investors. This strategic move follows a period of massive volume growth, with silver options recording an average daily turnover of Rs. 74,883 crores in FY26.
Motilal Oswal Subsidiary MOAMC Receives PFRDA Approval for NPS Pension Fund Sponsor
Motilal Oswal Asset Management Company (MOAMC) has secured a Letter of Appointment from the PFRDA to serve as a Sponsor of a Pension Fund under the National Pension System. This regulatory milestone allows the company to establish a dedicated entity for managing retirement assets, significantly broadening its presence in the pension management sector.