Share India Securities Limited has announced a crucial board meeting scheduled for October 30, 2025, to address several significant matters, including financial results and potential fund-raising initiatives.

Key Agenda Items

The board meeting will focus on three main areas:

1. Financial Results Review
2. Fund Raising Consideration
3. Interim Dividend Declaration

Financial Results

The board will consider and approve the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2025. This review will provide investors with insights into the company's performance during the second quarter of the fiscal year 2025-2026.

Fund Raising Initiative

The board will deliberate on raising funds through the issuance of foreign currency convertible bonds (FCCBs). This decision could potentially strengthen the company's financial position and have implications for its capital structure and international market presence.

Dividend Declaration

The board will consider declaring a second interim dividend for the financial year 2025-2026. To facilitate this process, the company has set November 6, 2025, as the record date for determining shareholder eligibility for the interim dividend payment, if declared.

Important Dates

This announcement comes as part of Share India Securities' compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The outcomes of this board meeting, particularly regarding financial performance and dividend declaration, will be of keen interest to shareholders and market watchers alike.

Investors and stakeholders are advised to await the official announcement following the board meeting for detailed information on the financial results, any decision on fund raising through FCCBs, and the potential interim dividend.

Share India Securities Limited has updated the terms of its Non-Convertible Debentures (NCDs) issuance worth INR 50.00 crore. The company's Finance Committee, in its meeting held on December 10, 2025, has revised the structure to include a greenshoe option while maintaining the total issue size.

Updated NCD Issuance Structure

Key Modifications

The Finance Committee has introduced significant changes to the original NCD structure. The total number of NCDs remains at up to 5,000, but now includes a greenshoe option of up to 2,500 NCDs of face value INR 1,00,000 each. The tenure has been extended to up to 24 months from the deemed date of allotment, compared to the earlier 712 days from the date of allotment.

Security Features

The NCDs continue to be secured, rated, listed, taxable, transferable, and redeemable instruments issued on a private placement basis. They remain secured by a first ranking pari passu charge on MTF loan receivables, securities for trade, and present and future current assets (except encumbered cash). The issue is backed by personal guarantees from the company's promoters with security coverage set at a minimum of 1.50 times the outstanding amount.

Regulatory Compliance

This update follows the company's previous disclosures dated July 30, 2025, and October 14, 2025. All other terms of the issue, as mentioned in the October 14, 2025 disclosure, remain unchanged. The Finance Committee meeting commenced at 03:00 p.m. and concluded at 03:35 p.m. on December 10, 2025.

Strategic Implications

The inclusion of a greenshoe option provides Share India Securities with additional flexibility in fund raising based on market demand. This structure allows the company to potentially raise the full INR 50.00 crore while providing investors with enhanced participation opportunities in the debt issuance.