SMC GLOBAL SECURITIES: ACQUIRES 14.27% STAKE IN S. K. OFFSET
SMC GLOBAL SECURITIES: ACQUIRES 14.27% STAKE IN S. K. OFFSET
SMCGLOBAL
• SMC Global Securities Limited has acquired 11,05,000 equity shares of S. K. Offset Limited, representing 14.27% of its total equity share capital.
• The acquisition comprises 1,20,000 shares allotted in the IPO and 9,85,000 shares purchased from the open market.
• Additionally, SMC Global Securities’ wholly owned subsidiary, Moneywise Financial Services Private Limited, acquired 9,61,000 equity shares.
• The combined holding of SMC Global Securities and its Persons Acting in Concert (PACs) now stands at 20,66,000 shares, representing 26.68% of the target company.
• The acquisition was completed through shares allotted on September 29, 2026, and open-market purchases on September 30, 2026.
Impact: Positive — The acquisition increases SMC Global Securities’ aggregate stake in S. K. Offset and strengthens its strategic involvement in the company.