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SMC Global Securities acquires 10.57% stake in Kheria Autocomp, a Rs 120.30 crore auto firm
24-Sep-2026, 08:19

SMC Global Securities Limited has acquired 16,75,200 equity shares, representing 10.57% of the total equity share capital, in Kheria Autocomp Limited, an auto ancillary company, alongside its wholly owned subsidiary Moneywise Financial Services Private Limited and SMC India Opportunity Fund, both acting in concert. The acquisition, completed on September 24, 2026, includes 2,30,400 shares allotted to SMC Global as a market maker in Kheria Autocomp’s initial public offering and 2,92,800 shares purchased in the open market, with Kheria Autocomp reporting a turnover of Rs 120.30 crore in fiscal 2026.