StockWatch
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Stockbroking & Allied
Acquisitions24 Jul 2026, 09:30 pm

Share India Securities Acquires 100% of Enshrine Leasing & Infotech

AI Summary

Share India Securities Ltd announced its Board of Directors has approved the 100% acquisition of Enshrine Leasing & Infotech Private Limited. The acquisition is expected to strengthen the company's business infrastructure and provide strategic control over IT property in Mumbai. The Board also approved the unaudited financial results for Q1 FY27, declared an interim dividend of Re. 0.50 per share, and authorized raising up to ₹200 Crores via debt securities. The record date for the dividend is July 30, 2026, with payment before August 22, 2026. Enshrine Leasing & Infotech has a paid-up capital of ₹1,25,463, net worth of ₹317.47 Lakhs, and turnover of ₹299.34 Lakhs for FY26. The acquisition is not a related party transaction currently but will make Enshrine a wholly-owned subsidiary.

Key Highlights

  • Share India Securities to acquire 100% of Enshrine Leasing & Infotech.
  • Board approved Q1 FY27 financial results and interim dividend.
  • Company to raise up to ₹200 Crores via debt securities.
  • Acquisition aims to strengthen infrastructure and IT property control.
  • Interim dividend of Re. 0.50 per share declared.