SMCGLOBALNSESMC Global Securities LimitedMinimalNeutral
Announced Sat, 2 May · 22:28 IST

SMC Global Securities Limited has informed the Exchange about authorization of Board of Directors for determination of the materiality by KMP.

SMCGLOBAL · price

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Price reaction · full curve 14 horizons · vs prior close
-2.3%1-day move
₹67.00
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₹68.98
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After-mkt
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AI summary

SMC Global Securities Limited has disclosed that its Board of Directors authorized three Key Managerial Personnel (KMP) to determine the materiality of events and make necessary disclosures to stock exchanges under SEBI Listing Regulations. The authorized KMPs are Mr. Ajay Garg (Director & CEO), Mr. Anurag Bansal (Whole Time Director), and Mr. Vinod Kumar Jamar (CFO). Additionally, the company announced the appointment of Mr. Rohit Nayyar as the new CFO effective July 1, 2026, replacing Mr. Jamar whose tenure ends on June 30, 2026. Mr. Nayyar will also be included among the authorized KMPs for materiality determination upon assuming the role.

Likely market impact

This is a routine regulatory compliance filing with no direct impact on the stock price. The announcement ensures continuity in the company's disclosure governance framework and confirms leadership transition plans at the CFO level.