SMC Global Securities Limited has received overwhelming shareholder approval for its proposed bonus share issuance through a postal ballot conducted via remote e-voting. The company plans to issue bonus shares in a 1:1 ratio, effectively doubling the number of outstanding shares.

Voting Results

The postal ballot, which ran from September 26 to October 25, saw strong participation from shareholders across all categories. The results of the voting process are as follows:

The ordinary resolution for the bonus issue was passed with an overwhelming majority, receiving 73,174,366 votes in favor, representing 100% of the valid votes cast. Only 11 votes were cast against the resolution.

Bonus Issue Details

The approved bonus issue will be structured as follows:

• Ratio: 1:1 (one new equity share for every one existing equity share held)
• Face Value: ₹2 per share for both existing and bonus shares
• Record Date: To be announced later

Implementation Process

Following the shareholder approval, SMC Global Securities will proceed with the necessary formalities, including:

1. Filing applications with the BSE and NSE for in-principle approval of the proposed bonus shares
2. Fixing the Record Date to determine eligible shareholders
3. Capitalizing amounts from the Capital Redemption Reserve and Securities Premium Account to facilitate the bonus issue

Management Commentary

Suman Kumar, E.V.P. (Corporate Affairs & Legal), Company Secretary & General Counsel of SMC Global Securities Limited, stated, "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."

This bonus issue represents a significant corporate action for SMC Global Securities, reflecting the company's commitment to enhancing shareholder value. Investors and market participants are advised to stay tuned for further announcements regarding the Record Date and other implementation details.

SMC Global Securities Limited , a prominent player in the Indian financial services sector, has announced a significant change to its upcoming Non-Convertible Debentures (NCDs) public issuance schedule. The company has decided to prepone the issue dates, citing encouraging investor interest and early receipt of necessary approvals.

Revised Schedule

The Non-Convertible Debenture Committee of the Board of Directors, in a meeting held on October 13, 2025, approved the following changes to the NCD issue schedule:

Issue Details

The NCD issue remains unchanged in its core structure:

• Base Issue Size: Rs. 7,500.00 Lakh
• Green Shoe Option: Additional Rs. 7,500.00 Lakh
• Debenture Type: Secured, Rated, Listed, Redeemable
• Face Value: Rs. 1,000.00 per NCD

Regulatory Compliance

SMC Global Securities has taken necessary steps to ensure regulatory compliance with the revised schedule:

1. Approval of an Addendum cum Corrigendum to the Prospectus dated September 30, 2025.
2. Filing of the updated documents with the Registrar of Companies, National Capital Territory Delhi and Haryana, SEBI, and BSE Limited.

The company has stated that the Addendum cum Corrigendum to the Prospectus will be available on the websites of SEBI, BSE Limited, National Stock Exchange of India Limited, and the company's own website.

Market Implications

The decision to advance the NCD issue dates suggests a positive market sentiment towards SMC Global Securities' offering. It reflects the company's confidence in the strong investor interest and its readiness to capitalize on favorable market conditions.

Investors and market participants are advised to take note of these revised dates and refer to the updated prospectus for any additional changes or information regarding the NCD issue.

As the financial services sector continues to evolve, such strategic moves by established players like SMC Global Securities can provide valuable insights into market trends and investor appetites in the Indian capital markets.