SMC Global shareholders approved a Rs 106 crore warrant issue to fund subsidiaries Back

<p>SMC Global Securities Limited held an Extraordinary General Meeting on Friday, November 6, 2026, where shareholders approved a special resolution for a preferential issue of up to 10,000,000 fully convertible warrants at an issue price of Rs 106 per warrant, aggregating up to Rs 106 crore, to non-promoter entities, with proceeds earmarked for investment in subsidiaries Stoxkart Fintech Limited and SMC Capitals Limited, as well as working capital and general corporate purposes.</p>