Share India Securities appoints Sarthak Bhalla as Compliance Officer

1 min read     Updated on 23 Jun 2026, 04:27 AM
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Share India Securities Limited appointed Mr. Sarthak Bhalla as Compliance Officer and Senior Management Personnel effective June 22, 2026, following Board approval. Bhalla brings over five years of experience in corporate and securities laws, having played a key role in the company's Rights Issue. The disclosure was made to BSE and NSE in compliance with SEBI regulations.

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Share India Securities Limited appointed Mr. Sarthak Bhalla as the Compliance Officer in terms of SEBI (Prohibition of Insider Trading) Regulations, 2015, and classified him as a Senior Management Personnel effective June 22, 2026. The Board of Directors approved the appointment through a resolution passed by circulation on June 22, 2026, at approximately 01:03 p.m. The disclosure was submitted to BSE Limited and the National Stock Exchange of India Limited in compliance with Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

Mr. Bhalla is a qualified Company Secretary and a Commerce Graduate (B.Com. Hons.) from the University of Delhi, possessing over five years of experience in corporate laws, securities laws, secretarial matters, and regulatory compliances. He has played a key role in strategic initiatives, including the company's fund-raising through a Rights Issue of equity shares and detachable warrants. His experience includes handling unpublished price sensitive information and ensuring compliance with regulations applicable to listed entities. He holds the NISM Series III-A Certification and has completed a specialized certification programme on Insider Trading Regulations.

Details of Appointment

The following table outlines the specific details regarding the change in senior management personnel:

Details of Event Information
Reason for change Appointment of Mr. Sarthak Bhalla as the Compliance Officer pursuant to the PIT Regulations and his classification as a Senior Management Personnel of the Company
Date of appointment June 22, 2026
Brief profile Mr. Sarthak Bhalla is a qualified Company Secretary and a Commerce Graduate (B.Com. Hons.) from the University of Delhi, with over five years of experience in corporate laws, securities laws, secretarial matters and regulatory compliances.
Disclosure of relationships Not Applicable

The filing was signed by Vikas Aggarwal, Company Secretary & Compliance Officer, on behalf of Share India Securities Limited.

Historical Stock Returns for Share India Securities

1 Day5 Days1 Month6 Months1 Year5 Years
+0.74%+29.38%+36.04%+15.53%+2.25%+90.68%

How will Mr. Bhalla's previous experience with fund-raising initiatives influence the company's future capital structure strategies?

What specific compliance enhancements does the company plan to implement under Mr. Bhalla's leadership regarding insider trading prevention?

Will this appointment lead to a broader restructuring of the company's internal audit and risk management frameworks?

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Share India Securities confirms no new encumbrance on promoter shares in FY26

1 min read     Updated on 23 Jun 2026, 03:43 AM
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Share India Securities Ltd confirmed that its promoters and promoter group did not create any new encumbrance on shares during the financial year ended March 31, 2026. The disclosure was submitted to BSE and NSE in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011. The filing confirmed that no direct or indirect encumbrance was made other than those already disclosed.

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Share India Securities Ltd confirmed that its promoters and promoter group did not create any new encumbrance on shares during the financial year ended March 31, 2026. The disclosure, submitted to the stock exchanges, ensures transparency regarding the pledging or hypothecation of promoter holdings, a key metric for investor risk assessment.

The filing was made in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011. It stated that the promoters, along with persons acting in concert, have not made any encumbrance, directly or indirectly, over the shares of the company other than those already disclosed through System Driven Disclosures or any other means.

The confirmation was signed by Rajesh Gupta, a Promoter of the company, on April 07, 2026. The communication was addressed to BSE Limited and the National Stock Exchange of India Limited, with the Scrip Code 540725 and Symbol SHAREINDIA respectively.

Promoter and Promoter Group Details

The filing included an annexure listing the details of the promoter and promoter group entities. The list comprises 67 entries, categorizing individuals and entities as either Promoters or members of the Promoter Group.

Sr. No. Name Category
1 Yash Pal Gupta Promoter
2 Rajesh Gupta Promoter
3 Parveen Gupta Promoter
4 Sachin Gupta Promoter
5 Parveen Gupta HUF (Parveen Gupta) Promoter Group
6 Yash Pal HUF (Yash Pal Gupta) Promoter Group
7 Rajesh Kumar HUF (Rajesh Gupta) Promoter Group
8 Suman Gupta Promoter Group
9 Rekha Gupta Promoter Group
10 Sachin Gupta HUF (Sachin Gupta) Promoter Group

The list extends to include various other family members, Hindu Undivided Families (HUFs), and private limited companies such as RS Futures LLP, Skyveil Trade Solutions LLP, and Share India Commodity Brokers Private Limited, all classified under the Promoter Group category.

Historical Stock Returns for Share India Securities

1 Day5 Days1 Month6 Months1 Year5 Years
+0.74%+29.38%+36.04%+15.53%+2.25%+90.68%

How will the absence of new encumbrances impact investor confidence and Share India Securities' stock liquidity in the upcoming quarter?

What is the company's strategic plan for utilizing its unpledged promoter holdings to fund future expansion or acquisitions?

Could this clean pledging status position Share India Securities as a potential acquisition target for larger financial institutions?

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