Share India Securities has successfully completed the allotment of non-convertible debentures on December 31, 2025, marking a significant milestone in the company's capital raising initiative. The Finance Committee of the Board of Directors approved the allotment at its meeting held on December 31, 2025, which commenced at 11:00 a.m. and concluded at 11:30 a.m.

Debenture Allotment Details

The private placement involved the allocation of secured, listed, rated, taxable, transferable, redeemable, fully paid-up non-convertible debentures with substantial individual face values.

Regulatory Compliance and Disclosure

The allotment was conducted in compliance with Regulations 30, 51 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company had previously made disclosures regarding this fundraising initiative on July 30, 2025, October 14, 2025, and December 10, 2025, demonstrating transparent communication with stakeholders throughout the process.

Strategic Capital Structure Enhancement

The successful completion of this private placement provides Share India Securities with additional debt capital to support its business operations and growth initiatives. The NCDs are characterized as secured instruments, offering protection to investors while providing the company with access to institutional funding. The substantial face value of ₹1.00 lakh per debenture indicates the targeting of qualified institutional buyers and high-net-worth investors.

This capital raising exercise strengthens Share India Securities' financial foundation and positions the company to pursue strategic objectives in the competitive financial services sector.

Share India Securities Limited, a prominent player in the Indian financial services sector, has announced a significant change in its senior management structure. Prabhakar Tiwari, who held the position of Senior Vice President and was designated as Senior Management Personnel, has tendered his resignation with immediate effect.

Key Details of the Resignation

Impact and Company Response

The sudden departure of a senior executive often signals significant changes within an organization. Share India Securities has acknowledged Tiwari's contributions during his tenure and has initiated the necessary relieving formalities. This move suggests that the company is prepared to manage the transition.

Regulatory Compliance

In compliance with regulatory requirements, Share India Securities Limited has disclosed this information under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This transparency ensures that shareholders and the market are promptly informed of significant changes in the company's management structure.

Looking Ahead

While the company has not provided specific details about the strategic transitions mentioned, such changes in senior management may precede shifts in company direction or strategy. Shareholders and market observers will likely be watching closely for any subsequent announcements that might shed light on Share India Securities' future plans and how they intend to fill this key position.

As the financial services landscape continues to evolve, management changes of this nature can have implications for a company's trajectory. It remains to be seen how this resignation might impact Share India Securities' operations and strategic direction in the coming months.