Share India Securities Limited , a prominent player in the Indian financial markets, has announced significant changes to its board composition and revealed details about its upcoming Annual General Meeting (AGM). The company's Board of Directors made these decisions during a meeting held on September 4, 2025.

Board Reshuffling

Reappointment of Mr. Suresh Kumar Arora

The Board has recommended the re-appointment of Mr. Suresh Kumar Arora as a Whole-time Director for an additional five-year term. Mr. Arora, whose current term is set to expire, has been proposed for reappointment from June 1, 2026, to May 30, 2031, subject to shareholder approval at the upcoming AGM.

Mr. Arora, a commerce graduate from Kurukshetra University, brings 31 years of experience in Indian and global financial markets to the table. His expertise spans:

• Market making
• Team development
• Strategic partnership management within the Share India Group

The company views his diverse experience and leadership skills as crucial in shaping its strategic direction.

Continuation of Dr. Gopalapillai Prasanna Kumar

The Board has recommended the continuation of Dr. Gopalapillai Prasanna Kumar as a Non-Executive Non-Independent Director, even after he reaches the age of 75. Dr. Kumar, a retired IAS officer with over 38 years of civil service experience, will continue his role until the end of his current term on February 4, 2028, pending shareholder approval.

Dr. Kumar's impressive career includes:

• Serving as Additional Chief Secretary to the Government of Haryana
• Executive Director (Vigilance) at Kochi Refineries Ltd.
• Director General of the Anti Adulteration Cell in the Ministry of Petroleum & Natural Gas
• Joint Secretary in the Social Justice & Empowerment Department for the Central Government

Annual General Meeting and Dividend

Share India Securities has scheduled its 31st Annual General Meeting for September 29, 2025, at 4:30 p.m. The meeting will be conducted through video conferencing or other audio-visual means, in compliance with applicable regulatory provisions.

The company has set September 10, 2025, as the record date for determining shareholder eligibility for the final dividend payment for the financial year 2024-25. This dividend payout is subject to approval by the members at the upcoming AGM.

These board decisions reflect Share India Securities' commitment to maintaining strong leadership and ensuring transparent communication with its shareholders. The proposed reappointments and continuation of experienced directors signal the company's focus on leveraging seasoned expertise to drive its future growth and strategic initiatives in the dynamic financial services sector.

Share India Securities Limited (SISL) has successfully finalized its acquisition of a 1.36% stake in the Metropolitan Stock Exchange of India Limited (MSE), marking a significant move in the Indian financial market landscape.

Transaction Details

The transaction, valued at ₹30.00 crores, involved the purchase of 15 crore equity shares in MSE. This acquisition represents 1.36% of MSE's post-issue capital, highlighting SISL's strategic investment in one of India's recognized stock exchanges.

Completion Process

According to the company's official intimation to the stock exchanges, the deal was concluded after both Share India Securities and MSE fulfilled the conditions outlined in their share subscription and shareholder's agreement. The fund transfer, amounting to ₹30.00 crores, was completed at approximately 3:45 p.m. on August 12.

Background and Approval

The roots of this acquisition can be traced back to July 8, when Share India Securities initially disclosed its approval for the investment. The company had then announced its intention to invest ₹30.00 crores in MSE, subject to the satisfactory completion of conditions precedent mentioned in the agreement.

Regulatory Compliance

In line with regulatory requirements, Share India Securities promptly informed the stock exchanges about the transaction's completion. This disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Company Profile

Share India Securities Limited, with its Corporate Identification Number (CIN) L67120GJ1994PLC115132, is a multi-faceted financial services company. It is a member of major Indian exchanges including NSE, BSE, MCX, NCDEX, and MSEI. The company also serves as a depository participant with CDSL and is registered with AMFI as a Mutual Fund Distributor. Additionally, SISL is recognized by SEBI as a Registered Research Analyst and Portfolio Manager.

This strategic investment in MSE aligns with Share India Securities' vision to strengthen its position in the Indian financial markets. The acquisition could potentially offer SISL enhanced opportunities for growth and market influence in the evolving landscape of Indian stock exchanges.