SMC Global Securities approves bonus share allotment
SMC Global Securities Limited has approved the allotment of 104,700,000 fully paid-up bonus equity shares with a face value of ₹2/- each, reflecting a 1:1 bonus ratio (one bonus equity share for every one existing equity share held). This allotment, approved by the Bonus Issue Committee on November 17, 2025, follows the board of directors' approval on September 24, 2025, and shareholder approval via postal ballot on October 25, 2025.
The bonus issue will capitalize ₹209,400,000/- from the capital redemption reserve and securities premium account. This will increase the post-bonus paid-up equity to ₹418,800,000/-, comprising 209,400,000 equity shares, from the pre-bonus figure of ₹209,400,000/- (104,700,000 shares).
The bonus shares are expected to be credited to shareholders' demat accounts on November 17, 2025, with the record date set as November 14, 2025. The company intends to list the newly issued shares on both BSE Limited and the National Stock Exchange of India Limited.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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