SMC Global Securities lists stocks on NSE and BSE

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On Wednesday, shares of SMC Global Securities were listed on 90.90 on NSE and 91.60 on BSE.

SMC Global Securities was already listed on regional stock exchanges. In accordance with Sebi’s guidelines, the company, through a direct registration process, was listed on NSE and BSE without any public issues.

The company already has a public stake of around 38%.

“The shares were listed on 90.90 on NSE and 91.60 on BSE, ”SMC Global Securities said in a statement.

“It is a great pleasure for us to integrate SMC Global on the NSE motherboard platform. We believe that the brokerage business has a major role to play in financial inclusion and the ongoing digital revolution, ”said Vikram Limaye, MD and CEO, National Stock Exchange.

“We have a well-diversified public ownership and this listing provides liquidity to our shareholders … This milestone marks a step forward in our aspiration to become a global organization with a dominant position in financial and investment services through a client-centric approach, ”said Subhash C Aggarwal, SMC Global Securities.

Established in 1994, SMC Global Securities is a financial services provider offering diversified financial services.

It operates in over 550 cities in India through a network of 95 branches, including an overseas office in Dubai, supported by over 2,500 sub-brokers / authorized persons and over 13,700 independent distributors.

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