share india securities has approved the issuance of Non-Convertible Debentures (NCDs) aggregating up to ₹150 crore on a private placement basis to raise debt funds. The Finance Committee of the Board of Directors sanctioned the issuance of up to 1,50,000 secured, rated, listed, taxable, transferable, and redeemable NCDs at a meeting held on July 20, 2026. This move follows a previous disclosure dated July 30, 2025, regarding a proposal to raise funds up to ₹300 Crores through debt securities.

The NCDs, each with a face value of ₹10,000, carry a coupon rate of 10.50% per annum. Interest payments are scheduled monthly, payable by the 10th day of the succeeding month. The principal amount will be redeemed in half-yearly instalments, with each instalment amounting to 25% of the principal outstanding. The tenure of the instrument extends up to 25 months from the date of allotment.

Security and Listing Details

The proposed issue is secured by a pari-passu charge by way of hypothecation over the company's entire current assets and receivables, both present and future. This includes Margin Trading Facility (MTF) receivables, excluding cash collateral already exclusively encumbered. The security requires a minimum cover of 1.35 times the entire outstanding amounts under the issue at any given point in time. Additionally, the issuance is backed by the personal guarantees of members of the Promoter and Promoter Group, as well as specific Directors of the company.

The NCDs are proposed to be listed on the Wholesale Debt Market (WDM) segment of BSE Limited. In the event of a delay in payment of interest or principal for more than three months from the due date, or any default, 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.

Key Issue Parameters

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