14-Oct-2026 18:51:58
SMCGLOBALGeneral news
SMCGLOBAL : TO ISSUE PREFERENTIAL WARRANTS WORTH UP TO RS 106 CR
• Board approved preferential issue of up to 1 Cr fully convertible warrants at ₹106 per warrant, aggregating up to ₹106 Cr in cash • Warrants to be allotted to non-promoter entities: Mahesh Kumar (42,00,000), SGS Fintech Private Limited (33,00,000), Open Advanced Technologies LLP (25,00,000) • Each warrant convertible into one equity share of face value ₹2 within 18 months from allotment • Issue subject to member and regulatory approvals; EGM scheduled for November 6, 2026 • Share Issue Committee constituted to take necessary actions and finalize documents
SMC Global Securities Ltd
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