Share India Securities Limited announced the approval of its acquisition of Enshrine Leasing and Infotech Private Limited for up to ₹45 crore, alongside an interim dividend declaration of ₹0.50 per equity share. The Board of Directors also authorized the raising of funds through debt securities, including Non-Convertible Debentures (NCDs) and Commercial Papers (CPs), up to ₹200 crore on a private placement basis. These strategic moves aim to strengthen the company’s business infrastructure and secure strategic control over IT Zone property in Mumbai.

The Board meeting held on July 24, 2026, also approved the un-audited standalone and consolidated financial results for the quarter ended June 30, 2026. The Statutory Auditor issued the Security Cover Certificate under Regulation 54 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Shareholders eligible for the interim dividend will be determined based on the record date fixed for July 30, 2026, with payments scheduled before August 22, 2026.

Acquisition Details

The target entity, Enshrine Leasing and Infotech Private Limited, operates in the Information Technology & Software Services and Real Estate Services sectors. Incorporated on December 09, 2004, the company’s principal value lies in its ownership of IT Zone property at Mumbai. The acquisition is expected to support Share India Securities' long-term growth objectives by providing strategic control over this asset.

The transaction does not constitute a related party transaction as Enshrine Leasing is not currently a related party of Share India Securities. Upon completion, it will become a wholly owned subsidiary. No specific governmental or regulatory approvals are required for this acquisition. The transaction will be completed within six months from the date of disclosure, with consideration paid in cash.

Fund Raising Authorization

The Board authorized the Finance Committee to finalize the terms for issuing debt securities up to ₹200 crore. This includes NCDs and CPs to be issued via private placement. Detailed disclosures regarding the final terms of issuance will be submitted to stock exchanges as determined by the Finance Committee, in compliance with Regulation 30 of the Listing Regulations read with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

What the Numbers Show

The acquisition cost of up to ₹45 crore represents a significant premium over Enshrine Leasing’s net worth of ₹317.47 lakhs as of March 31, 2026. This valuation gap highlights that the strategic rationale is driven primarily by the underlying real estate asset—the IT Zone property in Mumbai—rather than the target’s operational turnover, which stood at ₹299.34 lakhs in FY2026. The simultaneous authorization of ₹200 crore in debt funding suggests the company is preparing its capital structure to support such strategic investments without immediate dilution of equity.

Share India Securities Limited has announced it will host a conference call to discuss its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The meeting is scheduled for July 27, 2026, at 4:30 PM IST, providing analysts and investors an opportunity to review the company's performance for Q1FY27.

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that no price sensitive information will be disclosed or discussed during the call.

The management team will be represented by key executives, including Mr. Kamlesh Shah (Managing Director), Mr. Rajesh Gupta (Director), and Mr. Sachin Gupta (Chief Executive Officer & Whole-time Director). Other senior management personnel will also be present to address queries.

Participants can join the discussion via universal dial-in numbers or specific international toll-free lines provided for the USA, UK, Singapore, and Hong Kong. A Diamond Pass link and an investor kit have also been made available for attendees.

Conference Call Details

Dial-in Information

Universal Dial in: +91 22 6280 1341 / +91 22 7115 8242

International Numbers:

• USA Toll Free Number: 18667462133
• UK Toll Free Number: 08081011573
• Singapore Toll Free Number: 8001012045
• Hong Kong Toll Free Number: 800964448