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SMC Global Securities informs about update on bonus issue

27 Oct 2025 Evaluate
With reference to earlier intimation dated September 24, 2025, wherein the Board of Directors of SMC Global Securities (the Company) had approved the issuance of bonus equity shares in the ratio of 1:1, i.e. 1 (one) equity share of ?2 each for every 1 (one) fully paid-up equity share of ?2 each held by the shareholders as on the record date, and recommended the same for approval of the Members of the Company through Postal Ballot; SMC Global Securities has informed that the Members of the Company have approved the said Bonus Issue by way of Postal Ballot on October 25, 2025, with the requisite majority. The Bonus Issue will be made by capitalizing amounts standing to the credit of the Capital Redemption Reserve and Securities Premium Account of the Company, in compliance with the provisions of Section 63 of the Companies Act, 2013 and other applicable laws and regulations. The Company will now proceed with necessary formalities, including filing of applications with the Stock Exchanges (BSE and NSE) for obtaining in-principle approval for the proposed bonus shares, and fixing of the Record Date for determining the eligible shareholders entitled to receive the bonus shares, which will be intimated in due course. 

The above information is a part of company’s filings submitted to BSE.  

SMC Global Sec. Share Price

66.42 0.92 (1.40%)
06-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Motilal Oswal Fin 882.20
Angel One 316.80
IIFL Capital Service 331.45
Nuvama Wealth 1414.30
Share India Sec. 146.50
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