SMC Global Securities Limited announced the re-appointment of Mahesh Gupta as Managing Director of the company, with effect from September 1, 2022.
According to the company’s exchange filing, “we wish to inform you that the Members at the 28 Annual General Meeting held today i.e. 25% June, 2022 has approved the re-appointment of Mr. Mahesh C Gupta (DIN 00003082), Vice Chairman and Managing Director of the Company whose terms expires as Managing Director on 31st August, 2022 for a further period of 5 (five) years i.e. from 1st September, 2022 to 31st August, 2027 in accordance with the provisions of section 196, 197 and Schedule V of the Companies Act, 2013 and applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.”
Mahesh C. Gupta is a fellow member of the Institute of Chartered Accountants of India and has more than 30 years’ experience in the field of Securities Markets and Financial Services. He is promoter and co-founder of SMC Group and has been associated with the Company as the backbone since its inception, the statement said.
He graduated with Bachelor’s in Commerce from University of Delhi and is a fellow member of the Institute of Chartered Accountants of India (ICAI) and has specialization in the areas of stock markets, distribution, Corporate Social Responsibility and Corporate Governance initiatives etc. He possesses good knowledge about the intricacies of the Indian Stock Market and has an acclaimed exposure and experience in it of more than 30 years. He is an idealistic leader who has effectively handled all the matters and phases of the dynamic stock market. He oversees the policy, vision and diversification and strategic planning and ensures flawless performance of the Group, the statement said.
Established in 1990, SMC is a diversified financial services company in India offering brokerage services across the asset classes of equities (cash and derivatives), commodities and currency, investment banking, wealth management, distribution of third party financial products, research, financing, depository services, insurance broking (life & non-life), clearing services, mortgage advisory and real estate advisory services to corporates, institutions, high net worth individuals and other retail clients.
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