Key Directors

Mr. Subhash C. Aggarwal

Chairman & Managing Director,
SMC Global Securities Limited

Mr. Subhash C. Aggarwal is the Chairman & Managing Director of SMC Global Securities Limited since inception. He is the promoter and co-founder of SMC Group and an active contributor to the good governance. He is a fellow member of the Institute of Chartered Accountants of India (ICAI). He has over four decades of diverse experience in the financial, stock broking industry in India and abroad. He has been extremely successful and a key player in enhancing the company’s performance and in driving the company towards its set goals. His futuristic vision and sharp financial acumen, has led to the overall growth of the SMC Group.

Mr. Aggarwal is widely recognized for his path-breaking and visionary contributions to the building of SMC as one of the finest financial services conglomerates having retail presence pan India and through his pioneering role as a corporate leader and a dedicated professional. He is having excellence leadership skills, discipline and robust governance ability and under his leadership, the SMC group has successfully established and proved its prudence, strategic might and to emerge resilient and more able from every potential challenge. His performance is reflected through his excellent contribution in SMC Group.

Mr. Aggarwal is a senior member of the management committee of ASSOCHAM and acted as a member of the expert group on behalf of ASSOCHAM working group constituted by the Ministry of Corporate Affairs (MCA) and the Cost Accounting Standards Board (CASB). He has also served as the Chairman of EU Business Promotion Council and National Council on Micro Finance of ASSOCHAM, Chairman/ Co-Chairman of the National Council of Capital Markets. He is also an optimist leader, administrator and contributor.

Mr. Mahesh C. Gupta

Vice Chairman & Managing Director,
SMC Global Securities Limited

Mr. Mahesh C. Gupta is the Vice Chairman & Managing Director of SMC Global Securities Limited. He is the promoter and cofounder of SMC Group and has been associated with the Company as the backbone since its inception which makes him a pivotal pillar of SMC. He is 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 having specialization in the areas of equity markets, distribution, Corporate Social Responsibility and Corporate Governance etc. Mr. Gupta has been a visionary, clearly focused, consistent and purpose-driven throughout SMC’s Journey right since the seed phrase.

He possess good knowledge about the intricacies of the Indian Stock Market and has an acclaimed exposure and experience in it of about four decades and being an idealistic leader who has effectively handled all the matters and phases of the dynamic stock market. He oversees the policy, vision and a major part of the operational activities and ensures flawless performance of the Group.

His involvement and guidance has been instrumental in the growth and development of the Group. His varied experience and vision helps the Group work united towards the same goals of the vision set by the management. He has also been a key player in the overall growth of the Group with his efforts. His belief that sustainable business drives superior performance has always had a positive impact on the performance of the group.

Mr. Ajay Garg

Director& CEO – SMC Global Securities Limited
Director – SMC Insurance Brokers Private Limited
Non-Executive Director- Moneywise Financial Services Private Limited
Chairman and Managing Director – SMC Global IFSC Private Limited
Vice Chairman – Commodity Participants Association of India (CPAI)

Mr. Ajay Garg is the Director & CEO of the SMC Group. He is a merit holder and a fellow member of the Institute of Chartered Accountants of India (ICAI). He has wide and rich experience of about 27 years in Securities, Commodities & Currency markets along with a strong hold into the intricacies of the capital market. He heads the core businesses of Broking & Clearing services at SMC apart from taking care of the NRI & FPI businesses for the company. He is responsible for business development, risk management, technological up-gradation, brand building and marketing activities of the entire Group.

His firm inclination and belief in the power of technology has helped SMC expand its wing and develop a strong network of brokers and sub-brokers. Because of his focused approach towards offering a superior user experience by using robust innovations SMC has been able to transform trading from a complex chore to a convenient experience for investors with proprietary features like Auto-Trender, an in-house research-based tool, SMC ACE a mobile trading app, Algo Trader, Robo Advisory enabled platform and Portfolio Health Checker.

Mr. Garg has been awarded with ET’s Most Promising Business Leader of Asia – 2019 at The Economic Times – Asian Business Leaders Conclave, Singapore which is a testament of his leadership skills and futuristic approach. He has been recognized as ʻTop 10 Group CEOs of 2021ʼ by CEO Insights Magazine. Mr. Garg has also been honored as the ʻEntrepreneur of the Year (Innovation in Financial Services)ʼ by Times Now & Franchise India in 2015. He is also the Vice Chairman of Commodity Participants Association of India (CPAI).

Mr. Himanshu Gupta

Director & CEO – Moneywise Financial Services Private Limited
Non- Executive Director – SMC Global Securities Limited
Director – SMC Comtrade Limited

Mr. Himanshu Gupta is a Director and CEO of Moneywise Financial Services Private Limited. He is a Fellow Member of the Institute of Chartered Accountants of India (ICAI) having a rich experience of around 13 years in Financing & Securitiesʼ market along with a strong hold into the intricacies of the capital market. He heads the core business of NBFC at SMC along with fixed Income securities & bullion business apart from taking care of the overall functioning of the Group. He is responsible for envisaging its core strategies, business development, risk management and digital up-gradation.

Mr. Gupta has helped the organization pivot towards change and digitalization in a market that is continually evolving. Mr. Gupta joined the SMC Group in 2011 as the Senior Vice President (Operations), and by the virtue of his astuteness and business acumen the organization has navigated market challenges with setting new industry benchmarks and has carved a name for it by growing into a respectable brand.

Under his leadership, Moneywise Financial Services Pvt. Ltd., the wholly owned subsidiary of the Company, reached the level of Asset Size of more than Rs. 1,000 crore and categorized as Mid Layer NBFC (NBFC-ML) under the Master Direction – Reserve Bank of India (Non-Banking Financial Company – Scale Based Regulation) Directions, 2023. Mr. Gupta took lead in introducing the Gold Loan business and started exclusive branches for the gold loan business. Under his guidance, Company expanded its footprints in new segment of financing business which also includes Corporate Agency business in Insurance Sector and Micro-Finance activities including Micro-LAP business.

He has led from front and over the years ensured that simplification of processes and customer centricity is kept as organizational priority for success and sustainability in the long run. He firmly believes in the values of hard work and persistence, and his pursuit of the two has led him many exciting pathways in his life. With an eye for detailing, he has learned that nothing can replace the results that come from working tirelessly towards your goals. He has also been instrumental in various initiatives, that helped to create a nimble and agile organization; ensuring that they not only grow at a fast pace, but also keep up with market trends and industry benchmarks. In his pursuit for excellence, he has set a benchmark in core business strategic development and undertaking business development responsibilities of the SMC
Group.

A Gen-Y entrepreneur and owner of a charming personality, Mr. Gupta is a role model and inspiration for many of the youths and professionals. He also works towards inspiring the youth as he believes that they are the future of the country.

Mr. Anurag Bansal

Whole Time Director – SMC Global Securities Limited
Whole Time Director – SMC Capitals Limited

Mr. Anurag Bansal is a rank holder and fellow member of the Institute of Chartered Accountants of India (ICAI) and also a member of Institute of Cost Accountants of India (ICMAI).

He has rich legacy of professional exposure in the Capital market. He is responsible for managing, operating and supervising various businesses including Investment Banking, Institutional Equities, and Distribution division apart from legal and other strategic functions of the organization and is instrumental in making various strategic decisions for the Company. He consistently explores new avenues for enhancing the growth of the organization.

Mrs. Shruti Aggarwal

Whole Time Director, Tech, Strategy & Innovation
SMC Global Securities Limited
Director – SMC Global IFSC Private Limited

Mrs. Shruti Aggarwal, a seasoned professional with over 16 years of experience, serves as the Whole Time Director- Tech, Strategy & Innovation at SMC Global Securities Limited, leading the tech transformation for the Group, overseeing Corporate Finance at SMC Investments Advisors Limited, and managing Groupʼs operations at GIFT City. With an MBA from London Business School, membership in the Institute of Chartered Accountants of India, and completion of all three levels of the CFA program, her expertise in strategic planning, financial services, and IT management advisory drives the organization’s success. Her proactive leadership and commitment to innovation position SMC Global Securities Limited for sustained growth and excellence in the ever-evolving market landscape.

Mr. Naveen ND Gupta

Independent & Non -Executive Director
SMC Global Securities Limited and
SMC Insurance Brokers Pvt. Ltd.

A man of professional wisdom, vision and strong organisational skills with a firm belief in inclusive growth of Indian Economy, CA. Naveen ND Gupta is the Past President of The Institute of Chartered Accountants of India (ICAI) representing more than 3 lacs Chartered Accountants and 7.50 lacs students which makes it largest Accountancy Education Body. He was formerly the Chairman of Shaheed Sukhdev College of Business Studies, Delhi University. He is also on the Board of Four Plus Security Services Private Limited.

A seasoned professional of around 27 years of standing, CA. Naveen ND Gupta was Category A member on the Board of  International Federation of Accountants, New York, USA a federation of accounting regulators of 176 countries. He was Board Member of South Asian Federation of Accountants (2018-19) (Apex body of SAARC) and Confederation of Asian and Pacific Accountants, Manila (2018-19). He is board member of Insurance Regulatory Development Authority (2018-19). He is Chairman of Corporate Affairs Committee of PHD Chamber of Commerce and Industry.

He was member of important committees constituted by the Government Ministries/ Regulators such as Government Accounting Standards Advisory Board (GASAB) and Audit Advisory Board both constituted by Comptroller & Auditor General of India, National Advisory Committee on Accounting Standards (NACAS), National Advisory Committee on Valuation Standards of Ministry of Corporate Affairs, Insolvency Legal Committee, Government of India and SEBI’s Primary Market Advisory Committee, Member, Committee for Preparation of Manual for the guidance of Official Liquidators constituted by the Ministry of Corporate Affairs, Government of India. (2014-15). Member of Delhi Value Added Tax Advisory Committee, Ministry of Finance, Government of Delhi. Public Interest Director of Delhi Stock Exchange Ltd (Nominated by Securities & Exchange Board of India; Chairman, Listing Committee and Audit Committee of the Delhi Stock Exchange Ltd (2009-2012).

He was Chairman of Board of Directors of ICAI- Accounting Research Foundation and XBRL India, which is instrumental in driving governmental accounting reforms in various bodies such as Indian Railways, MCD and KMC. He was also Director, Indian Institute of Insolvency Professionals of ICAI, which is the first Indian IPA.

He is Regular faculty in officer’s training programmes organised by the office of Comptroller & Auditor General of India, Central Board of Direct Taxes etc. And, regular speaker and paper writer/contributor in several conferences, continuing Professional Education Seminars and budget talks at national and inter-national forums.

Mr. Dinesh Kumar Sarraf

(Non-Executive Independent Director

Mr. Dinesh Kumar Sarraf is the Member of Institute of Cost Accountants of India, member of Institute of Company Secretaries of India (ICSI). He holds Bachelors of Commerce [B.Com (Hons)] from Shri Ram College of Commerce, University of Delhi as well as M.Com. From University of Delhi and has passed an examination of Valuer (Securities & Financial Assets) conducted by IBBI. Mr. Sarraf started his corporate journey as DCM, Shri Ram Group in 1976, after which Mr. Sarraf joined Oil and Natural Gas Corporation Limited, where he held various position including Director (Finance), Group CFO and also Chairman & Managing Director from 2014 to 2017. Mr. Sarraf has served as the Chairperson of the Petroleum and Natural Gas Regulatory Board from 2017 to 2020.

Apart from the directorships, Mr. Sarraf was also associated with the UN Global Compact Network- India as President, with the Federation of Indian Petroleum Industry (FIPI) as Chairman, with Bharat Lok Shiksha Parishad (of Ekal Foundation) as Trustee, with Council of Scientific and Industrial Research (CSIR) as Member of Governing Body and currently he is associated with Indian Institute of Petroleum of CSIR as Chairman-Research Council.

Presently Mr. Sarraf mentors various start-up organisations engaged in Oil & Gas, Technology and Finance areas and provides consultancy in the said areas and also works as Arbitrator and Conciliator in related matters. He is also associated with various NGOs and research organisations.

Mr. Hemant Bhargava

(Non-Executive Independent Director)

Mr. Bhargava, joined the Company as a Non-Executive Independent Director effective from August 09, 2023.

Mr. Bhargava, a Post Graduate in Economics from the Lucknow University, has also studied Masters in Financial Management from the Jamnalal Bajaj Institute of Management Studies. He started his corporate journey in 1981 with the Life Insurance Corporation of India as the youngest Direct Recruit Officer, and reached the zenith of becoming the Chairman in-charge and Managing Director of the organisation in January 2019. He was also appointed as the Non-Executive Chairman of IDBI Bank and LIC Housing Finance Limited in January 2019. During his long tenure of 38 years, he worked across diverse set of roles both in India and abroad, building multi-dimensional experience in different capacities, especially in Marketing, International Operations and new ventures. Adept at establishing new strategic initiatives with multiple stakeholders and designing innovative marketing & sales campaigns, Bhargava have guided several skilled professionals across the finance value chain. He also served on the Board of the Company from July 2018 to August 2021.

Presently, Mr. Bhargava is on the Boards of Larsen & Toubro Limited, ITC Limited and UGRO Capital Limited, amongst others.

Ms. Neeru Abrol

(Non-executive Independent Director)

Ms Neeru Abrol is a Chartered Accountant with over four decades of rich professional experience in various sectors and positions. She is former Chairperson and Managing Director and Director Finance of National Fertilizers Ltd, the largest government owned Urea producer of the Country. She also worked with Steel Authority of India for 25+ years and held various critical management positions. She has been on the Boards of IDBI Bank, IFCI Infrastructure Development Ltd, TCNS Clothing Ltd amongst others. Ms Abrol is currently serving as Independent Director on the Boards of APL Apollo Tubes Ltd, APL Apollo Pipes Ltd, Ganesha Ecoverse Ltd, Stecol International Pvt Ltd, SG Mart Ltd etc. She is also associated with a couple of NGOs working in the field of Women Leadership, Mental Health etc .She is a recipient of multiple awards over her illustrious career including twice ʻBusiness Achieverʼ by ICAI andʼ maiden Outstanding Woman Manager in Public Sector Enterprises by SCOPE

Mr. Gobind Ram Choudhary

(Non-Executive Independent Director)

Mr. Gobind Ram Choudhary, commerce graduated from University of Calcutta in 1987 from St. Xaviers College. Mr. Choudhary is associated with Anmol Industries for more than 2 decades. Mr Choudhary is leading a team of more than 2000+ employees in Anmol Industries Ltd and has been instrumental in the growth of the Company. Before Anmol Industries Limited, he was serving as the managing director at Bhagwati Cold Storage for 11 years and has nurtured the deep understanding of Rural Market. He has excellent management skills and keen in learning new aspects of business. Under the leadership of Mr. Choudhary, Anmol Industries Limited expanded and established its presence in the Northern regions of India. He has formulated value-based strategies to create a unique quality control models and has a conclusive control over the working of Anmol Biscuits which has aided towards its favourable outcome.

Apart from the directorships, Mr. Choudhary’s is an active member at Bharat Lok Shiksha Parishad, Delhi, a council member in Western UP Council of CII, Executive member of Indian Industries Association of Greater Noida and a member of the PHD Chamber of Commerce.

He is closely linked with some social groups who are working for the upliftment of society such as Marwari Yuva Manch and Bhao Rao Deo Ras Sewa Nyas. He is an active contributor towards the society and is involved in activities like distributing free books for under privileged children, organising blood donation camps, installation of sanitary napkin machines and incinerator at girl’s school, biscuits distribution in various schools and providing other assistance during disasters or natural calamities.