SMCGLOBAL2026-10-03SMCGLOBAL2026-10-03ActionsTakenOrOrdersPassedDomain1SMCGLOBAL2026-10-03ActionsTakenOrOrdersPassedDomain1PersonsAgainstWhomActionsTakenOrOrdersPassedDomain1SMCGLOBAL2026-10-03SignatoriesDomain1iso4217:INRxbrli:pureSMCGLOBALSMC GLOBAL SECURITIES LIMITED543263NOTLISTEDINE103C01036NewAction(s) taken or orders passed (sub-para 20)false2026-10-0300:00:002026-10-03Imposition of fine or penaltyRegulatory AuthoritySECURITIES AND EXCHANGE BOARD OF INDIA1Listed Entity (Self)SMC GLOBAL SECURITIES LIMITEDBy MailAdjudication Order2026-10-03SEBI, vide Adjudication Order No. Order/AK/GN/2026-27/32758 dated 1 October 2026, concluded the proceedings against SMC Global Securities Limited arising from the thematic inspection on unauthorised trading complaints and client order placement for the period 1 January-30 September 2024, principally concerning Authorized Person (AP) Mr. Amit Lilhare. SMC submitted its explanations from time to time, including its inspection reply dated 16 April 2025, response dated 8 August 2025, detailed reply dated 30 March 2026, submissions at the hearing on 2 April 2026, and additional submissions dated 9 April 2026. SMC highlighted the parallel NSE proceedings, disablement of the AP’s terminal on 31 May 2024, subsequent dissociation and police complaint, and corrective measures, including inspection of all active APs through Exchange-empanelled auditors and strengthening AP supervision. After considering SMC’s explanations and corrective measures, SEBI concluded the adjudication proceedings with a monetary penalty of ₹1,00,000 concerning client order-placement records and AP supervision, payable within 45 days of receipt of the order.NANo such major impactclient order-placement records and AP supervision100000Levied Penalty of Rupees 100000NAAs per the concerned order, we will pay the penalty amount within the prescribed timeline. Further, in accordance with the order, we will work towards strengthening the existing processes and implementing the necessary corrective measures. Additionally, we have conducted an AP inspection through an Exchange-empanelled auditor covering 100% of the APs during the year 2025. SUMAN KUMARCOMPANY SECRETARY AND COMPLIANCE OFFICER2026-10-03DELHI