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
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.1 pts more than Nifty Microcap 250 and 0.1 pts more than its Stockbroking & Allied peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
The Board of Directors of SMC Global Securities Limited, at its meeting on September 24, 2025, approved a bonus issue of equity shares in the ratio of 1:1, meaning one bonus share for every one share held. The company will issue approximately 10.47 crore new equity shares of face value ₹2 each, doubling the paid-up share capital from 10.47 crore to 20.94 crore shares. The bonus will be funded by capitalising up to ₹20.94 crore from the capital redemption reserve and securities premium account (which had a balance of about ₹252 crore as of March 31, 2025). Shareholder approval will be sought via postal ballot, and the record date will be announced later, with bonus shares expected to be credited by November 23, 2025.
This is a significant reward for shareholders, effectively doubling their share count. However, since bonus issues do not change the underlying value of the company, the stock price will adjust downward on the ex-date to reflect the higher share count. The move signals management confidence in the company's reserves and is generally viewed positively by retail investors.