Share India Securities Limited has approved the appointment and re-appointment of two Non-Executive Independent Directors for a term of five consecutive years through a postal ballot process. The resolutions, passed with a requisite majority, strengthen the company's governance framework with the inclusion of experienced professionals.

The remote e-voting process commenced on April 22, 2026, and concluded on May 21, 2026. The scrutinizer submitted the report confirming the outcome on May 23, 2026. The company affirmed that the appointed and re-appointed directors are not debarred from holding the office of director by virtue of any SEBI order or any other authority.

Appointment Details

The members approved the appointment of Mr. Arun Kumar Jain (DIN: 07563704) and the re-appointment of Mr. Piyush Mahesh Khandelwal (DIN: 06951293). Mr. Jain's appointment is effective from March 05, 2026, while Mr. Khandelwal's re-appointment is effective from March 03, 2026.

Voting Results

The scrutinizer's report confirmed that both resolutions were passed with the requisite majority. The table below summarizes the voting details:

Director Profiles

Mr. Arun Kumar Jain is a distinguished professional with extensive experience in taxation, finance, and corporate governance. He holds M.Sc. and LL.B. degrees and served in the Indian Revenue Service (IRS), including as Chairman of the Central Board of Direct Taxes (CBDT). He currently serves on the boards of GHCL Limited, M R. Technofin Consultants Private Limited, and India Pesticides Limited.

The table below summarizes the key details of the appointments:

Regulatory Compliance

The disclosures were made in compliance with Regulations 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Share India Securities announced its audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The Board of Directors approved the results at its meeting held on May 19, 2026. The statutory auditors issued an audit report with an unmodified opinion on the financial statements. The company published the audited financial results in newspapers on May 21, 2026, in compliance with SEBI regulations.

Q4 Financial Performance

For the fourth quarter, the company delivered a strong year-on-year performance. Consolidated net profit for Q4 surged 211.3% to INR 580 Mn, compared to INR 186 Mn in the same quarter of the previous year. Total revenue for Q4 rose 73.7% to INR 4,159 Mn, up from INR 2,394 Mn in the corresponding quarter of the prior year. EBITDA for the quarter stood at INR 1,169 Mn, a growth of 123.2% YoY, with margins expanding to 28.11%.

The following table summarizes the key Q4 financial metrics:

Full Year Financial Performance

For the financial year ended March 31, 2026, the company reported a consolidated net profit of INR 3,244 Mn, compared to INR 3,281 Mn in the previous year. Total revenue from operations for the year stood at INR 14,703 Mn, slightly higher than INR 14,486 Mn in the prior year. On a standalone basis, net profit for the year was INR 2,977 Mn, up from INR 2,466 Mn in the previous year. EBITDA for the full year increased 10.3% to INR 5,704 Mn.

The following table summarizes the key financial metrics for the full financial year:

Business Highlights

The company reported operational growth across its segments. The total number of clients serviced during the quarter was 47,253, with an average daily turnover of INR 109 Bn. The institutional client base grew to 186. In the NBFC business, the loan book totalled INR 2,653 Mn, with disbursements for the quarter standing at INR 995 Mn. The total number of NBFC clients serviced was 40,320 spread across 73 branches. The Mutual Fund business saw Assets under Administration (AUA) reach INR 2,119 Mn, with 17,048 customers serviced.

Key Developments

During FY26, Share India Cred Capital Private Limited was incorporated to develop a technology-driven fixed-income and investment product distribution platform. Additionally, Share India Wealth Multiplier Solutions Private Limited was incorporated to undertake Cat III AIF and Portfolio Management Services. CRISIL reaffirmed the ratings for the total INR 2,000 crore bank loan facilities, with the long-term rating at CRISIL A+/Stable and the short-term rating at CRISIL A1+.

Corporate Actions

The Board recommended a final dividend of INR 0.50 per equity share of INR 2 each, subject to shareholder approval. The Board also approved the early redemption of 9,990 NCDs aggregating to INR 99.90 Crores, subject to necessary approvals. The debentures include 5,000 under Series A and 4,990 under Series B, issued on a private placement basis on June 23, 2025.