SMC Global Securities Ltd Holds EGM for Preferential Issue of Warrants

SMC Global Securities Limited held its Extraordinary General Meeting (EGM) on November 6, 2026, through Video Conferencing. The primary agenda was the issuance of up to 1,00,00,000 Fully Convertible Warrants at ₹106 per warrant to non-promoter category investors. This preferential issue aims to raise up to ₹106 crore. The proceeds are earmarked for investment in subsidiaries (Stoxkart Fintech Limited and SMC Capitals Limited), working capital, and general corporate purposes. The meeting also discussed the potential change in shareholding post-warrant conversion. Remote e-voting and e-voting during the EGM were facilitated.