Share India Securities Limited has published mandatory newspaper advertisements following the National Company Law Tribunal (NCLT) order dated April 09, 2026, regarding its proposed scheme of amalgamation with Silverleaf Capital Services Private Limited.

NCLT Hearing Details

The company has informed stock exchanges that the hearing for the Joint Second Motion Petition is scheduled for May 15, 2026, at 10:30 A.M. before the Hon'ble National Company Law Tribunal, Ahmedabad Bench. The hearing will take place at the Corporate Building, Beside Zydus Hospital, Thalaj, Ahmedabad-380015, Gujarat.

Regulatory Compliance and Advertisement Publications

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has published advertisements in compliance with Sections 230-232 of the Companies Act, 2013. The company has now published advertisements in multiple newspapers and languages:

In its latest disclosure dated April 17, 2026, the company informed stock exchanges about the additional newspaper advertisement published in Gujarati language, ensuring broader public accessibility to the amalgamation notice.

Amalgamation Structure

The scheme involves the amalgamation of Silverleaf Capital Services Private Limited (Transferor Company) with Share India Securities Limited (Transferee Company). Both companies have their registered offices in Gandhinagar, Gujarat, and were incorporated under the Companies Act, 1956.

Public Notice Requirements

As per NCLT procedures, any person supporting or opposing the petition must send their intention to the tribunal and petitioners' advocates within 10 days of the petition date. Those opposing must provide grounds for opposition or an affidavit copy. The advertisements have been hosted on the company's website at www.shareindia.com for public access.

The latest filing was signed by Vikas Aggarwal, Company Secretary & Compliance Officer (M. No. F5512), and submitted to both BSE Limited and National Stock Exchange of India Limited as required under listing regulations.

Share India Securities Limited has disclosed a regulatory penalty imposed by NSE Clearing Limited as part of its compliance obligations under SEBI regulations. The company made this disclosure on March 30, 2026, following the penalty being reflected on the regulatory portal.

Penalty Details and Amount

The penalty imposed by NSE Clearing Limited amounts to Rs 1.18 lakh, which includes IGST of Rs 18,000. The following table provides the complete breakdown of the regulatory action:

Nature of Violation

The penalty was levied due to an inadvertent increase in open positions or creation of new positions in the underlying security of 'SAIL' on March 27, 2026. This violation occurred during the normal and ordinary course of stock broking operations. The company has characterized this as an inadvertent action rather than a deliberate compliance breach.

Timeline and Disclosure Process

The penalty was originally levied on Friday, March 27, 2026, but was not accessible to the company until March 30, 2026, when it appeared on the regulatory portal at approximately 12:20 p.m. The company made the mandatory disclosure under Regulation 30 of SEBI Listing Regulations on the same day, fulfilling its regulatory obligations for transparency.

Impact Assessment and Company Response

Share India Securities Limited has stated that the penalty does not have any material impact on the company's financials, operations, or other business activities. The company has emphasized its commitment to upholding the highest compliance standards and indicated it will take necessary steps to address the compliance issue that led to this penalty.

The disclosure was made pursuant to Regulation 30 of the SEBI Listing Obligations & Disclosure Requirements Regulations, 2015, demonstrating the company's adherence to regulatory transparency requirements. Company Secretary & Compliance Officer Vikas Aggarwal signed the disclosure document on behalf of Share India Securities Limited.