Bennett Coleman picks stake in SMC Group

Bennett Coleman picks stake in SMC Group SMC Group has one of the largest retail investor networks in India, serving over 450,000 investors. SMC Group companies, SMC Global Securities Ltd & SAM Global Securities Ltd. offer services in brokerage, arbitrage, merchant banking, wealth management and is also involved in the distribution of retail products like insurance, IPO & mutual funds. It also offers special advisory services to HNIs & MNCs.

SMC is a trading member of NSE, BSE, NCDEX and MCX and also has the trading & clearing membership of Dubai Gold and Commodity Exchange (DGCX).
The company commands more than 3% of the total market share in the Indian equities and derivatives market, over 4% in the Indian commodities market and more than 10% in Dubai gold and commodities exchange.

Now, the media major, Bennett Coleman & Company Limited has acquired 2% stake in SMC Group.

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