Key Highlights
- Board approves 1:1 bonus equity share issue of face value ₹2 each
- 10.47 crore new equity shares to be issued, raising paid-up capital to 20.94 crore shares
- Capitalisation of ₹20,94,00,000 from reserves and premium account
- Capital Redemption Reserve at ₹1.69 crore and Securities Premium at ₹252.02 crore as of March 31, 2025
- Bonus shares to be credited on or before November 23, 2025
SMC Global Securities Limited has announced that its Board of Directors, in a meeting held on September 24, 2025, approved the issuance of bonus equity shares in the ratio of 1:1. This means shareholders will receive one bonus equity share of ₹2 face value for every one fully paid-up equity share of ₹2 held as on the record date, which will be announced shortly.
The bonus issue will involve the creation of 10,47,00,000 new equity shares of ₹2 each, aggregating to ₹20,94,00,000 (Twenty Crores and Ninety-Four Lakhs). Post-issue, the company’s paid-up equity share capital will increase from 10,47,00,000 shares to 20,94,00,000 shares.
Funding for the bonus shares will be drawn from reserves, specifically the Capital Redemption Reserve of ₹1.69 crore and the Securities Premium Account of ₹252.02 crore, as per audited financials for the year ended March 31, 2025.
The approval process for the bonus issue will be conducted through a postal ballot, with details to be shared with shareholders soon. The company confirmed that the bonus shares would be credited or dispatched within two months from board approval, i.e., on or before November 23, 2025.