Share India Securities Ltd

Share India Securities Ltd has announced the closure of its trading window for dealing in the company's securities. This closure will be effective from July 01, 2026, and will remain in effect until 48 hours after the declaration of the Unaudited Standalone and Consolidated Financial Results for the quarter ending June 30, 2026. The measure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and applies to all Designated Persons and their Immediate Relatives. The date of the Board Meeting to consider these financial results will be communicated separately.

Share India Securities Ltd has been levied a monetary penalty of ₹5,09,000 (excluding GST) by the National Stock Exchange of India Limited (NSE). The penalty was imposed in the ordinary course of stock broking operations due to directives from the Member and Core Settlement Guarantee Fund Committee (MCSGFC). The company stated that this penalty has no material impact on its financials, operations, or other business activities. The invoice was dated June 17, 2026, and made available on the NSE portal on June 22, 2026. Share India Securities is committed to upholding compliance standards and will address the issue.

Share India Securities Ltd's Finance Committee has approved the issuance of up to 50,000 secured, rated, senior, listed, taxable, transferable, redeemable Non-Convertible Debentures (NCDs) of face value INR 10,000 each, aggregating up to INR 50 crore. These NCDs will be issued on a private placement basis and are proposed to be listed on the wholesale debt market (WDM) segment of BSE Limited. The debt securities will have a tenure of up to 15 months from the deemed date of allotment, offering a coupon rate of 10.50% per annum, payable monthly. Principal repayment will be a lump sum at maturity. The NCDs are secured by a pari-passu charge over current assets and receivables, with a minimum cover of 1.35 times, along with a personal guarantee from promoters. In case of default, an additional 2% p.a. coupon rate will be applicable.

Share India Securities Ltd has announced the partial redemption of its Non-Convertible Debentures (NCDs) from Series A and the Second Issue. The face value per NCD for Series A has been reduced from Rs. 62,500 to Rs. 50,000, and for the Second Issue, from Rs. 87,500 to Rs. 75,000. These redemptions, completed on June 10, 2026, represent a reduction in the company's outstanding debt obligations.

Mr. Subhash Chander Kalia has resigned as Non-Executive Independent Director from Share India Securities Ltd, effective June 02, 2026. He also ceases to be a member of the Audit Committee and Chairperson of the Stakeholders Relationship Committee. The company cited that the resignation is due to feeling constrained in discharging his responsibilities effectively, as his views were not always taken in the right spirit. The company acknowledged his contributions. Mr. Kalia also holds directorships in Bharat Wire Ropes Limited and PNC Infratech Limited.

National Stock Exchange of India (NSE) has levied a monetary penalty of ₹2,00,000 (excluding GST) on Share India Securities Ltd for non-compliance with regulatory requirements pertaining to the Non Tagging of Unique Identifiers for algorithmic orders. The company states that the penalty was levied in the normal course of stock broking operations and will not have a material impact on its financials or business activities. The company is committed to upholding the highest compliance standards and shall take necessary steps to address the said issue.

Share India Securities Ltd reported consolidated revenue of ₹4,159 Mn, EBITDA of ₹1,169 Mn, and net profit of ₹580 Mn for Q4-FY26. For FY26, revenue reached ₹14,703 Mn, a 1.5% YoY increase, with EBITDA at ₹5,704 Mn and net profit at ₹3,244 Mn. The board recommended a final dividend of ₹0.50 per share. Key developments include the incorporation of Share India Cred Capital and Share India Wealth Multiplier Solutions. CRISIL reaffirmed the company's long-term rating at CRISIL A+/Stable.

Share India Securities Ltd's board approved the audited standalone and consolidated financial results for the year ended March 31, 2026, and recommended a final dividend of ₹0.50 per equity share. The board also approved the early redemption of 9,990 secured, listed, rated, taxable, transferable, redeemable, fully paid up Non-Convertible Debentures under Series A and Series B, subject to necessary approvals. The board meeting was held on May 19, 2026.

Share India Securities Ltd's board approved the audited standalone and consolidated financial results for the year ended March 31, 2026. The board recommended a final dividend of ₹0.50 per equity share. It also approved the early redemption of 9,990 Non-Convertible Debentures, subject to necessary approvals. The board meeting commenced at 06:20 p.m. and concluded at 07:24 p.m.

Share India Securities Ltd. announced the approval of its audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026, during its Board Meeting held on May 19, 2026. The approval encompasses the Statutory Auditors’ Report, statements regarding the utilization and deviation of Non-Convertible Debenture issue proceeds, a Security Cover Certificate for Non-Convertible Debentures, and a declaration of unmodified opinion. The Board Meeting commenced at 06:20 p.m. and concluded at 07:24 p.m.