Attached herewith is the disclosure under regulation 29(1)(2) of SEBI (Substantial Acquisition of Shares & Takeover) Regulations, 2011.
SMCGLOBAL · price
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Awaiting price reaction for this filing.
Global Telecommunication Private Limited, part of the promoter group of SMC Global Securities, purchased 3,70,000 equity shares (0.35% of total share capital) through open market on 29th and 30th September 2025. This raised the combined promoter group holding from 7,04,64,380 shares (67.30%) to 7,08,34,380 shares (67.65%). The total share capital of the company remains Rs. 20.94 crore, divided into 10,47,00,000 equity shares of Rs. 2 each.
This is a positive signal showing promoter group confidence, as insiders increased their stake through open market purchases. The acquisition is small (0.35%), so limited material impact on stock price, but reflects continuing promoter commitment.