Description
SMC Global Securities Limited announces bonus issue of 10.47 crore equity shares with record date on November 14, 2025 and effective listing on November 18, 2025.
Summary
SMC Global Securities Limited (Scrip Code: 543263, ISIN: INE103C01036) has announced the allotment of 10.47 crore bonus equity shares. The record date for determining eligible shareholders is November 14, 2025, with deemed allotment date on November 17, 2025, and effective listing date on November 18, 2025.
Key Points
- Total bonus shares allotted: 10,47,00,000 (10.47 crore) equity shares
- Distinctive numbers range: 113134451 to 217834450
- ISIN: INE103C01036
- Scrip Code: 543263
- Credit of bonus shares to be made in depository system
- Company confirms full responsibility to comply with timelines
Regulatory Changes
No regulatory changes. This is a standard corporate action circular for bonus share issuance.
Compliance Requirements
- Company must credit bonus shares to depository accounts of eligible shareholders
- Ensure availability of bonus shares for trading from the effective listing date
- Company has undertaken to comply with stated commitments and timelines
- Shareholders must hold shares as of record date to be eligible for bonus shares
Important Dates
- Record Date: November 14, 2025 (Friday) - Date for determining eligible shareholders
- Deemed Date of Allotment: November 17, 2025 (Monday) - Date when bonus shares are deemed allotted
- Effective Listing Date: November 18, 2025 (Tuesday) - Date when bonus shares become available for trading
Impact Assessment
Market Impact: The bonus issue will increase the outstanding share capital of SMC Global Securities Limited by 10.47 crore shares, improving liquidity and making shares more accessible to retail investors through lower per-share pricing. Existing shareholders will receive bonus shares proportionate to their holdings as of the record date.
Operational Impact: The company must coordinate with depositories (NSDL/CDSL) to ensure timely credit of bonus shares to eligible shareholder accounts. Trading members and investors should note the ex-bonus date and adjust their positions accordingly.
Shareholder Impact: Positive for existing shareholders as they receive additional shares without payment, though the market capitalization remains the same with proportionate adjustment in share price.
Impact Justification
Corporate action affecting existing shareholders through bonus share allotment with specific timelines for implementation