StockWatch
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Stockbroking & Allied
Loan & Debt31 Jul 2026, 03:01 pm

Share India Securities Approves ₹150 Cr NCD Allotment

AI Summary

Share India Securities Ltd's Finance Committee has approved the allotment of 1,50,000 secured, rated, listed NCDs worth ₹150 Crores on a private placement basis. The committee also approved convening a meeting of NCD holders on August 25, 2026, to seek approval for early redemption of NCDs (ISIN: INE932X07023 and INE932X07015) prior to their scheduled maturity, in compliance with the Debenture Trust Deed dated June 20, 2025. The Finance Committee meeting was held on July 31, 2026.

Key Highlights

  • Approved allotment of ₹150 Cr NCDs via private placement.
  • Convening NCD holders' meeting for early redemption approval.
  • Early redemption sought for NCDs with ISIN INE932X07023 and INE932X07015.
  • Meeting held on July 31, 2026; NCD holders' meeting on August 25, 2026.