Share India Board approves ₹200 Cr fundraise & new subsidiary

Share India Securities Ltd's Board of Directors, at its meeting on September 21, 2026, approved a proposal to raise funds up to ₹200 Crore through a preferential issue of Convertible Warrants. Additionally, the Board approved the incorporation of a new subsidiary, with an investment of up to ₹120 Crore in its equity shares. The proposed subsidiary is envisioned to focus on providing wealth management and allied financial services. The Finance Committee has been authorized to finalize the detailed terms for both the fundraise and the subsidiary investment.