Outcome of Board approving issuance of warrants on preferential issue basis

Date: October 14, 2026 To, To, Corporate Relationship Department Listing Compliance Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Plot No. C/2, 25th Floor, Dalal Street, G-Block, Bandra Kurla Complex, Bandra (E), Mumbai – 400001, India Mumbai – 400051, India Scrip Code: 543263 Symbol: SMCGLOBAL Debentures Scrip Code: 940727,940717,940317,940325,940319, 940323,939655,940725,940321,939651, 939657,940327,939647,940719,940721, 940723,941295,941297,941299, 941301 and 941303 Subject: Outcome of the Meeting of Board of Directors of SMC Global Securities Limited (“the Company”) in accordance with Regulation 30 of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Dear Sir/Madam, With reference to the captioned subject and in terms of the provisions of Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended from time to time (“SEBI Listing Regulations, 2015”), we wish to inform that the Board of Directors of SMC Global Securities Limited (“the Company”), at their meeting held today, i.e. Wednesday, October 14, 2026, has inter alia, transacted the following business: 1. Issue and allotment of up to 1,00,00,000 (One Crore) Fully Convertible Warrants (“Warrants”), each carrying a right exercisable by the Warrant holder to subscribe to one Equity Share of face value of Rs. 2/- (Rupees Two Only), to the persons/ entities belonging to the “Non-Promoter” category, on a preferential basis, at an issue price of Rs. 106/- (Rupees Hundred and Six only) per Warrant, determined in accordance with the provisions of Chapter V of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended, and applicable provisions of Companies Act, 2013 and rules made thereunder, aggregating up to Rs. 1,06,00,00,000/- (Rupees Hundred and Six Crores only), for cash, subject to the approval of the members of the Company and applicable regulatory authorities. The name of the proposed allottees is mentioned below: S. No. Name of the Proposed Allottee Category No. of Warrants (Up to) 1. Mahesh Kumar Non-Promoter 42,00,000 2. SGS Fintech Private Limited Non-Promoter 33,00,000 3. Open Advanced Technologies LLP Non-Promoter 25,00,000 Total 1,00,00,000 Details as per Regulation 30 of the SEBI Listing Regulations, 2015, read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, with respect to this Preferential Issue is enclosed as Annexure A. 2. Constituted a Share Issue Committee of the Board of Directors of the Company to take all necessary actions in connection with this Issue and to finalize/approve all the relevant documents, as may be deemed necessary. 3. Considered and approved the draft notice convening the Extra-Ordinary General Meeting (“EGM”) of the Members of the Company scheduled to be held on Friday, 6th November, 2026, for the purpose of obtaining approval in respect of the proposed Preferential Issue. The meeting of the Board of Directors commenced at 5:40 pm and concluded at 6:30 pm The aforesaid information is also available on the website of the Company https://smcindiaonline.com. You are requested to kindly take the same on your records. Thanking You, For SMC Global Securities Limited Suman Kumar E.V.P. (Corporate Affairs & Legal), Company Secretary & General Counsel Annexure A Details of Preferential Issue in terms of SEBI Master Circular No. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026: S. No. Particulars Disclosures 1. Type of securities proposed to be Fully Convertible Warrants (“Warrants”) issued 2. Type of issuance Preferential Issue 3. Total number of securities proposed Preferential Issue of up to 1,00,00,000 (One Crore) Fully to be issued or total amount for Convertible Warrants for an aggregate amount of up to Rs. which the securities will be issued 1,06,00,00,000/- (Rupees Hundred and Six Crores only), for cash, at an issue price of Rs. 106/- (Rupees Hundred and Six only) each, determined by the Board of Directors in accordance with the provisions of Chapter V of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended and applicable provisions of Companies Act, 2013. 4. Name and number of the Investor(s) Sr. Name of the Proposed Allottee Category of No. Proposed Allottee 1. Mahesh Kumar Non-Promoter 2. SGS Fintech Private Limited Non-Promoter 3. Open Advanced Technologies Non-Promoter 5. Issue price Rs. 106/- per Warrant. 6. In case of convertibles, Intimation Up to 1,00,00,000 Fully Convertible Warrants, convertible on conversion of securities or on into an equivalent number of Equity Shares of face value of lapse of the tenure of the Rs. 2/- each within a maximum period of 18 (Eighteen) instrument. months from the date of allotment of such Warrants 7. Nature of Consideration (Whether Cash cash or consideration other than cash) 8. Any cancellation or termination of Not Applicable proposal for issuance of securities including reasons thereof. Thanking You, For SMC Global Securities Limited Suman Kumar E.V.P. (Corporate Affairs & Legal), Company Secretary & General Counsel