SMC Global Securities Limited — Others, 06-06-2025: Shareholders meeting

SMC Global Securities has announced a board meeting to consider the financial results for the quarter and half-year. The company has proposed a final dividend of ₹1.20 per share, matching the interim dividend for a total payout of 120% for FY 2024-25, subject to shareholder approval. Two secured, rated, listed NCD issuances raised about ₹220 crore to support working capital and expansion. Remuneration limits for key executives will increase to ₹18 lakh per month for Whole Time Directors and CEO. Consolidated income stood at ₹1,785.7 crore with PAT of ₹146.8 crore despite higher expenses from tech and compliance investments. Focus remains on digital growth, financing, insurance, and client offerings. CSR spend exceeded ₹4 crore. No significant litigation risks impact operations; internal controls and cybersecurity are robust.