Corporate Action4 Nov 2026, 07:02 pm
Share India Securities Allots 44 Lakh Shares, Grants 3.8 Lakh ESOPs
AI Summary
Share India Securities Limited announced the allotment of 44,02,000 fully paid-up equity shares and the grant of 3,80,500 employee stock options. The equity share allotment is pursuant to the Scheme of Amalgamation of Silverleaf Capital Services Private Limited with Share India Securities Limited. The ESOPs were granted to eligible employees under the Share India Employees Stock Option Scheme-II, also in accordance with the amalgamation scheme. Both approvals were passed by the Board of Directors and the Nomination and Remuneration Committee via circulation on November 04, 2026.
Key Highlights
- Allotment of 44,02,000 equity shares approved.
- Grant of 3,80,500 employee stock options approved.
- Allotments are part of the Silverleaf Capital Services amalgamation.
- Approvals obtained via board and committee resolutions by circulation.
Price Impact
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