Smc Global Securities Limited has informed the Exchange about General Updates
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SMC Global Securities Limited has informed stock exchanges that its 31st Annual General Meeting will be held on Saturday, June 28, 2025 at 11:00 a.m. through video conferencing. The Board had earlier recommended a final dividend of 60%, which works out to Rs. 1.2 per equity share on shares with a face value of Rs. 2, for the financial year ended March 31, 2025. The company has fixed Friday, June 13, 2025 as the Record Date to determine which shareholders are eligible to receive this dividend. The dividend is subject to approval from shareholders at the upcoming AGM.
Investors who hold the stock on or before the June 13, 2025 record date will be entitled to the Rs. 1.2 per share final dividend once approved at the AGM. The announcement removes some uncertainty around the dividend timeline, and the stock may see mild buying interest closer to the record date from dividend-focused investors.