Share India Securities Limited's Board of Directors has approved the re-appointment of Mr. Piyush Mahesh Khandelwal as Non-Executive Independent Director for a second term. The decision was made through a resolution by circulation on February 27, 2026, based on recommendations from the company's Nomination and Remuneration Committee.

Re-appointment Details

The board has approved Mr. Khandelwal's re-appointment for a second consecutive term of five years, commencing from March 03, 2026. The appointment remains subject to approval from the company's shareholders, which must be sought within three months from the re-appointment date.

Professional Background

Mr. Khandelwal brings nearly 15 years of experience across diverse sectors including start-ups, family offices, and listed companies. His professional qualifications include being a Chartered Accountant, holding a postgraduate degree from Mumbai University, and achieving CFA Level II certification from the USA in 2017.

Key Areas of Expertise

• Treasury management and investments
• Corporate finance and cross-border transactions
• Taxation and regulatory compliance
• Strategic financial oversight
• Corporate governance

Regulatory Compliance

The company has confirmed that Mr. Khandelwal is not debarred from holding the office of Director by any order from SEBI or other statutory authorities. The disclosure has been made in compliance with Regulations 30 and 51 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Board Independence

Share India Securities has disclosed that Mr. Khandelwal maintains independence as he is not related to any other Director of the company. His analytical depth, strategic insight, and pragmatic approach are expected to strengthen the company's financial oversight, governance framework, and long-term value creation initiatives.

Share India Securities Limited has been activated as a Depository Participant of National Securities Depository Limited (NSDL) effective February 24, 2026. The company made this disclosure to stock exchanges on February 25, 2026, pursuant to regulatory compliance requirements under SEBI Listing Regulations.

Regulatory Disclosure Details

The company informed both BSE Limited and National Stock Exchange of India Limited about this significant development through a formal disclosure under Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. The intimation of activation was received from NSDL on February 24, 2026 at 07:43 p.m.

Business Impact and Significance

The activation as a Depository Participant represents a strategic expansion for Share India Securities Limited. According to the company's disclosure, this development enables the firm to provide NSDL depository participant services and expand its range of financial services offerings to clients.

Compliance Framework

The disclosure was made in accordance with multiple regulatory requirements:

• Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015
• Para B of Part A of Schedule III of the Listing Regulations
• SEBI circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026

Key Disclosure Information

The formal disclosure was signed by Vikas Aggarwal, Company Secretary & Compliance Officer (M. No. F5512), and digitally authenticated on February 25, 2026. This activation marks an important milestone in Share India Securities Limited's service portfolio expansion within the Indian financial services sector.