Smc Global Securities Limited has informed the Exchange that the Board of Directors at its meeting held on September 24, 2025, have considered and approved bonus at the ratio of 1 : 1, i.e 1 Equity Shares for every 1 Equity Shares held.
SMCGLOBAL · price
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The Board of Directors of SMC Global Securities Limited, at its meeting held on September 24, 2025, approved a bonus issue of equity shares in the ratio of 1:1 — one bonus share for every one share held. The bonus shares will have a face value of ₹2 each, taking the total paid-up share count from 10.47 crore shares to 20.94 crore shares. The issue is valued at approximately ₹20.94 crore and will be funded by capitalizing reserves — ₹1.69 crore from the Capital Redemption Reserve and the balance from the Securities Premium Account (which stood at ₹252.02 crore as of March 31, 2025). Shareholder approval will be sought through a Postal Ballot, and the record date will be announced in due course. Bonus shares are expected to be credited by November 23, 2025.
This is a highly shareholder-friendly move — the 1:1 bonus doubles the number of shares held by investors, though the stock price is expected to adjust downward proportionally on the ex-bonus date. It signals management's confidence in the company's reserves and may improve retail liquidity and affordability of the stock. No cash outflow is involved as the bonus is funded entirely from existing reserves.