SMC Global Securities Limited , a prominent financial services firm, has announced a significant move to reward its shareholders. The company's Board of Directors has approved and recommended a bonus share issue in the ratio of 1:1, effectively doubling its paid-up share capital.

Key Details of the Bonus Issue

• Ratio: Shareholders will receive one bonus equity share for every one fully paid-up equity share held.
• Face Value: Each bonus share will have a face value of ₹2.00.
• Total Issue: The company will issue 10.47 crore bonus shares, amounting to ₹20.94 crore.
• Capital Structure: Post-issue, the paid-up share capital will increase from 10.47 crore shares to 20.94 crore shares.

Financial Implications

The bonus issue will be funded by capitalizing a sum not exceeding ₹20.94 crore from the company's reserves. Specifically:

• Capital Redemption Reserve: ₹1.69 crore
• Securities Premium Account: ₹252.02 crore

These figures are based on the audited financial statements for the year ended March 31, 2025.

Timeline and Approval Process

• Board Approval Date: September 24, 2025
• Shareholder Approval: The proposal requires shareholder consent through a postal ballot.
• Expected Credit Date: Within two months of board approval, by November 23, 2025.

Impact on Shareholders

This bonus issue represents a significant value proposition for SMC Global Securities' shareholders. While it doesn't directly impact the company's market capitalization, it effectively increases the number of shares each investor holds without any additional cost.

Corporate Action Details

The company has provided detailed information as required by SEBI regulations:

SMC Global Securities Limited's move to issue bonus shares reflects the company's strong financial position and its commitment to enhancing shareholder value. Investors should note that while the number of shares will double, the proportional ownership and total value of their holdings remain unchanged. The bonus issue is subject to necessary regulatory approvals and is expected to be completed within the stipulated timeframe.

SMC Global Securities Limited has announced a significant development that could potentially benefit its shareholders. The company has scheduled a Board of Directors meeting to consider the issuance of bonus equity shares, a move that often signals confidence in the company's financial position and future prospects.

Board Meeting Details

The Board of Directors of SMC Global Securities is set to convene on Wednesday, September 24, 2025. The primary agenda for this meeting is to consider and recommend the issuance of bonus equity shares through the capitalization of reserves, subject to shareholder approval.

Bonus Share Issuance

Bonus shares are additional shares given to existing shareholders without any additional cost, based on their current shareholding. This move, if approved, would effectively increase the number of outstanding shares without affecting the company's market capitalization. It's often seen as a way to reward shareholders and improve stock liquidity.

Trading Window Closure

In line with regulatory requirements and to ensure fair trading practices, SMC Global Securities has announced the closure of the trading window for company securities. This closure will affect designated persons and their immediate relatives. The trading window will remain closed from Thursday, September 18, 2025, until Friday, September 26, 2025.

Regulatory Compliance

The company has made this announcement in compliance with Regulation 29(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Additionally, the trading window closure is in accordance with the Company's Code of Conduct for Regulating, Monitoring and Reporting of Trading by Insiders, which is framed under the SEBI (Prohibition of Insider Trading) Regulations, 2015.

Investor Information

SMC Global Securities has stated that this disclosure will be available on the company's website at www.smcindiaonline.com . Investors and stakeholders are advised to refer to this source for further information and updates regarding the potential bonus share issuance.

The outcome of the Board meeting and any decisions regarding the bonus share issuance will be closely watched by investors and market analysts. Shareholders of SMC Global Securities should stay tuned for further announcements following the September 24th Board meeting.