Smc Global Securities Limited has informed the Exchange regarding 'Mr. Yashpal Chopra, Chief Operating Officer and designated Senior Management Personnel of the Company, has been entrusted with an additional responsibility and designated as the Chief Risk Officer of the Company'.
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SMC Global Securities has informed the exchanges that Mr. Yashpal Chopra, who already serves as Chief Operating Officer – Head Operations & Broking, has been given the additional responsibility of Chief Risk Officer. The change was approved by the Board on May 11, 2025, and there is no change in his existing role. Mr. Chopra has over 20 years of experience in risk management, surveillance, compliance, and portfolio management, and holds an MBA in Finance from SMU. This is an internal reallocation of duties and has been disclosed under SEBI Listing Regulations.
This is a routine internal governance update with no material impact on shareholders. Consolidating risk oversight under an existing senior leader may strengthen internal controls but does not affect the company's financials or strategic direction.