SMC Global Securities board proposes 1:1 bonus share issue

SMC Global Securities Limited's board of directors, at a meeting held on September 24, 2025, approved and recommended a bonus issue of equity shares to its shareholders in a 1:1 ratio. This means one bonus equity share of face value ₹2/- will be issued for every one fully paid-up equity share of face value ₹2/- held by members as of a yet-to-be-announced record date.

The bonus issue will involve capitalizing a sum not exceeding ₹20,94,00,000/- from the company's capital redemption reserve and securities premium account. This capitalization is subject to the approval of the members via postal ballot.

Post-bonus issue, the total number of equity shares will increase from 10,47,00,000 to 20,94,00,000. The bonus shares are expected to be credited or dispatched within two months from the board's approval date, specifically on or before November 23, 2025.