Mumbai, September 25 – SMC Global Securities Limited has unveiled plans to reward its shareholders through a 1:1 bonus share issue, effectively doubling its paid-up share capital. Under the proposal, shareholders will receive one bonus equity share (face value ₹2) for every share they currently hold.
The company will issue 10.47 crore bonus shares, raising its total share count from 10.47 crore to 20.94 crore. The bonus issue will be funded by capitalizing ₹20.94 crore from the company’s reserves, including the Capital Redemption Reserve and the Securities Premium Account, based on audited financials for FY25.
Timeline and Approvals
- Board Approval: September 24, 2025
- Shareholder Approval: To be obtained via postal ballot
- Expected Credit Date: By November 23, 2025
Strategic Implications
While the bonus issue does not alter the company’s market capitalization, it enhances shareholder value by increasing the number of shares held without any additional investment. Post-issue, the capital structure will be:
| Particulars | Pre-Bonus Issue | Post-Bonus Issue |
| Authorized Shares | 47,75,50,000 | 47,75,50,000 |
| Paid-up Shares | 10,47,00,000 | 20,94,00,000 |
| Subscribed Shares | 10,47,00,000 | 20,94,00,000 |
Outlook
The bonus share declaration reflects SMC Global Securities’ strong financial position and its commitment to enhancing shareholder returns. While the number of shares held by investors will double, the proportional ownership and total value of holdings will remain unchanged.
The company expects the bonus shares to be credited to investor accounts within the stipulated timeframe, subject to regulatory approvals.
✅ Summary
- Company: SMC Global Securities Limited
- Bonus Ratio: 1:1 (one bonus share for every share held)
- Face Value: ₹2 per share
- Shares Issued: 10.47 crore, doubling total paid-up capital to 20.94 crore
- Funding: Capitalized from reserves (Capital Redemption Reserve + Securities Premium)
- Timeline: Board approved September 24, 2025; expected credit by November 23, 2025
- Impact: Increases shareholder shareholding quantity without additional cost; market capitalization unaffected
Disclaimer:
This article is intended solely for educational and informational purposes. The securities or companies mentioned are provided as examples and should not be considered as recommendations. Nothing contained herein constitutes personal financial advice or investment recommendations. Readers are advised to conduct their own research and consult a qualified financial advisor before making any investment decisions.
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