Share India Securities Expands with New Wholly Owned Subsidiary

Share India Securities Limited , a prominent player in the financial services sector, has announced the incorporation of a new wholly owned subsidiary, Share India Wealth Multiplier Solutions Private Limited. This strategic move marks a significant expansion in the company's portfolio of services.

Key Details of the New Subsidiary

Aspect	Details
Subsidiary Name	Share India Wealth Multiplier Solutions Private Limited
Date of Incorporation	November 6, 2025
CIN	U66309UP2025PTC235957
Registered Office	Kanpur
Certificate Received	November 6, 2025, at 05:40 p.m.

Corporate Governance and Approval Process

The incorporation of the new subsidiary follows a structured approval process by Share India Securities' Board of Directors. The board had previously approved the incorporation and investment in the subsidiary through subscription to its equity share capital in two separate meetings:

October 29, 2024
September 3, 2025

This demonstrates the company's commitment to transparent corporate governance and strategic planning.

Regulatory Compliance

Share India Securities Limited has duly informed the stock exchanges about this development, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company's proactive disclosure aligns with regulatory requirements and reinforces its commitment to keeping shareholders and the market informed of significant corporate actions.

Implications for Share India Securities

While the specific operations and objectives of Share India Wealth Multiplier Solutions Private Limited have not been detailed in the announcement, the incorporation of this wholly owned subsidiary suggests that Share India Securities may be looking to expand its service offerings or strengthen its position in the wealth management sector.

As the financial services landscape continues to evolve, this move could potentially position Share India Securities to capitalize on new opportunities in the wealth management and financial solutions space. Shareholders and market observers will likely be keen to see how this new subsidiary contributes to the parent company's growth strategy in the coming years.

Share India Securities Limited continues to demonstrate its commitment to growth and expansion in the financial services sector. As more details emerge about the operations and strategy of Share India Wealth Multiplier Solutions Private Limited, investors and industry watchers may gain a clearer picture of the potential impact on the company's future performance and market position.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.94%	-4.62%	+30.87%	+18.52%	-39.33%	+790.56%

Share India Securities Limited (ISIN: INE932X01026) has reported a 7% increase in Profit After Tax (PAT) for the second quarter of fiscal year 2025-26, despite a slight decline in revenue. The company also declared a second interim dividend and shared plans for expansion and diversification.

Financial Performance

Share India Securities posted the following results for Q2 FY26:

Metric	Q2 FY26	QoQ Change
Revenue from Operations	₹265.20 crores	-2.9%
Profit Before Tax	₹98.73 crores	+11%
Profit After Tax	₹73.34 crores	+7%
Earnings Per Share	₹0.35	-

The company's performance shows resilience in profitability despite a slight dip in revenue. For the first half of FY26, Share India reported:

Revenue from operations: ₹538.00 crores (22% YoY decline)
Profit After Tax: ₹142.07 crores
Earnings Per Share: ₹6.50

Dividend Declaration

Share India Securities declared a second interim dividend of ₹0.40 per share (20% on face value of ₹2), demonstrating its commitment to shareholder returns.

Business Highlights and Future Plans

MTF Growth: The company's Margin Trading Facility (MTF) book grew by 35-40% quarter-on-quarter to ₹430.00 crores. Share India aims to reach an MTF AUM of ₹1,000.00 crores by December 2027.
PMS License: Share India obtained a Portfolio Management Services (PMS) license from SEBI and plans to launch its first fund in November.
FCCB Approval: The board approved Foreign Currency Convertible Bond (FCCB) fundraising up to $50 million, aimed at fueling growth and potentially reducing overall debt costs.
Share India GreyHill: A new entity focused on debt market operations has been established to expand the company's footprint in the fixed income space.
Branch Expansion: The company plans to open 12 new branches across Maharashtra, Gujarat, Uttar Pradesh, and Rajasthan over the next 12 months.
Project Drone: This WealthTech initiative is expected to launch its Minimum Viable Product (MVP) in Q4 FY26.
Silverleaf Merger: The company anticipates NCLT approval for the Silverleaf merger in the next 3-4 months, which is expected to enhance profit numbers on the proprietary trading side.

Management Commentary

Sachin Gupta, CEO and Whole-Time Director, stated, "We are focusing more on the tech-enabled services for the clients in coming future. Wealth, MTF, and online broking through Project Drone will be the core focus areas in coming years."

Kamlesh Shah, Managing Director, added, "We remain cautiously optimistic about the second half of the year. While the external environment continues to present both opportunities and challenges, we are well-positioned to sustain our growth trajectory."

Share India Securities is adapting to the evolving regulatory landscape and market dynamics by diversifying its offerings and leveraging technology. The company's focus on wealth management products, expansion of its MTF business, and investment in technology-driven initiatives like Project Drone indicate a strategic approach to capturing growth opportunities in the Indian financial services sector.