Share India completes acquisition of Enshrine Leasing for ₹39.7 crore

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Reviewed by
Shriram SScanX News Team
Key Highlights
  • Share India Securities acquired 100% equity in Enshrine Leasing and Infotech Private Limited
  • The total consideration for the deal was ₹39.71 crore for 1,25,463 shares
  • Enshrine becomes a wholly owned subsidiary effective September 17, 2026
  • The acquisition follows board approval granted on July 24, 2026
  • Disclosed under Regulation 30 of SEBI LODR Regulations, 2015
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Share India Securities Limited has completed the acquisition of 100% equity share capital in Enshrine Leasing and Infotech Private Limited. The transaction was finalized on September 17, 2026, making Enshrine a wholly owned subsidiary of the company.

The deal involved the purchase of 1,25,463 equity shares with a face value of ₹1 each. The aggregate consideration for the acquisition stood at ₹39.71 crore (₹39,71,50,856). This completion follows the Board of Directors' approval announced on July 24, 2026.

Transaction Details

Metric Value
Target Company Enshrine Leasing and Infotech Private Limited
Shares Acquired 1,25,463
Face Value ₹1 per share
Total Consideration ₹39.71 crore
Completion Date September 17, 2026

Regulatory Disclosure

The company made this intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure aligns with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The acquisition was officially recorded at approximately 1:00 pm on the completion date.

Historical Stock Returns for Share India Securities

1 Day5 Days1 Month6 Months1 Year5 Years
-3.70%+8.06%+21.66%+80.05%+50.16%+66.40%

How will the integration of Enshrine's leasing and infotech operations impact Share India Securities' revenue diversification and profit margins in the upcoming fiscal year?

What specific strategic synergies does management expect to realize from this acquisition to enhance its fintech service offerings?

Will the ₹39.71 crore acquisition cost lead to any immediate dilution of earnings per share, or is it expected to be accretive to shareholder value within 12 months?

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Share India Securities reschedules board meeting to Sep 21

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Reviewed by
Shriram SScanX News Team
Key Highlights
  • Share India Securities moves board meeting from Sep 18 to Sep 21, 2026
  • Intimation issued on Sep 16, 2026, per SEBI LODR Regulation 29
  • Vikas Aggarwal confirmed the schedule change to stock exchanges
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Share India Securities has rescheduled its Board of Directors meeting from Friday, September 18, 2026, to Monday, September 21, 2026.

The company issued the intimation on September 16, 2026, pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This follows an earlier notice dated September 15, 2026.

Vikas Aggarwal, Company Secretary and Compliance Officer, confirmed the change in a letter addressed to BSE Limited and National Stock Exchange of India Limited.

The revised date ensures shareholders have updated information regarding the timing of the corporate action.

Historical Stock Returns for Share India Securities

1 Day5 Days1 Month6 Months1 Year5 Years
-3.70%+8.06%+21.66%+80.05%+50.16%+66.40%

What specific agenda items, such as quarterly results or dividend declarations, are expected to be discussed at the rescheduled board meeting?

Could the delay in the board meeting signal any underlying operational or strategic challenges for Share India Securities?

How might this scheduling change impact the timeline for regulatory filings or other corporate actions dependent on board approval?

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1 Year Returns:+50.16%