share india securities has allotted 50,000 listed, secured, rated, senior, taxable, transferable, redeemable Non-Convertible Debentures (NCDs) on a private placement basis. The allotment, approved by the Finance Committee of the Board of Directors on July 8, 2026, aggregates to INR 50,00,00,000. The NCDs carry a coupon rate of 10.50% per annum, with interest payable monthly and principal repayable in a lump sum at maturity.

The instruments have a tenure of 459 days from the date of allotment, maturing on October 10, 2027. They are secured by a pari-passu charge by way of hypothecation over the company's entire current assets and receivables, both present and future. This security excludes already exclusively encumbered cash collateral and maintains a minimum cover of 1.35 times the outstanding amounts under the issue. Additionally, the issuance is backed by the personal guarantee of promoters.

In the event of a delay in payment of interest or principal for more than three months from the due date, the company will pay an additional coupon rate of 2% per annum over the base coupon rate. This additional interest will be payable from the date of default until the default is rectified. The NCDs are proposed to be listed on the wholesale debt market (WDM) segment of BSE Limited.

The disclosure was made in compliance with Regulations 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting of the Finance Committee commenced at 12:15 p.m. and concluded at 12:50 p.m. on July 8, 2026.

Key Details of the Allotment

Share India Securities has been penalised ₹5,09,000 by the National Stock Exchange of India Limited (NSE) for violations in its stock broking operations. The penalty, imposed based on directives from the Member and Core Settlement Guarantee Fund Committee (MCSGFC), was levied in the normal course of business. The company confirmed that this action will not have a material impact on its financials, operations, or other activities.

The invoice for the penalty was dated June 17, 2026, but it was made available on the NSE portal on June 22, 2026, at approximately 10:21 p.m. The disclosure was submitted to the exchanges in compliance with Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

Details of the Penalty

The following table outlines the specific details of the regulatory action taken against the company:

Share India Securities reiterated its commitment to upholding the highest compliance standards and stated that it will take the necessary steps to address the issue. The filing was signed by Vikas Aggarwal, Company Secretary & Compliance Officer.