Share India Securities Forms New Wholly Owned Subsidiary Share India Cred Capital

1 min read     Updated on 06 Jan 2026, 05:35 PM
scanx
Reviewed by
Naman SScanX News Team
Overview

Share India Securities Limited has successfully incorporated its wholly owned subsidiary Share India Cred Capital Private Limited on January 06, 2026, registered with the Registrar of Companies, Kanpur. The subsidiary formation follows Board approval from October 30, 2025, and represents a strategic expansion move with complete operational control.

29246727

*this image is generated using AI for illustrative purposes only.

Share India Securities Limited has announced the successful incorporation of its wholly owned subsidiary Share India Cred Capital Private Limited on January 06, 2026. The subsidiary has been registered with the Registrar of Companies, Kanpur, bearing the Corporate Identification Number U64990UP2026PTC240582.

Subsidiary Formation Details

The incorporation represents the culmination of a process that began with the Board of Directors' approval on October 30, 2025. Originally, the subsidiary was proposed to be incorporated under the name "Share India Greyhill Private Limited," but the final registration was completed under the name "Share India Cred Capital Private Limited" as approved by the Registrar of Companies.

Parameter: Details
Incorporation Date: January 06, 2026
Company Name: Share India Cred Capital Private Limited
Subsidiary Type: Wholly Owned Subsidiary
CIN: U64990UP2026PTC240582
Registrar: Registrar of Companies, Kanpur
Certificate Received: January 06, 2026 at 02:38 p.m.

Board Approval and Investment Structure

The Board of Directors had previously approved the incorporation along with the investment in the subsidiary through subscription to its equity share capital. This strategic move aligns with the company's expansion plans as outlined in the earlier disclosure dated October 30, 2025. The wholly owned structure provides Share India Securities with complete control over the subsidiary's operations and strategic direction.

Regulatory Compliance

The disclosure has been made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring full compliance with regulatory requirements. The Certificate of Incorporation was received from the Ministry of Corporate Affairs on the same day as the incorporation, demonstrating the efficient completion of the registration process.

The company has informed both stock exchanges about this corporate development, maintaining transparency with all stakeholders and regulatory bodies.

Historical Stock Returns for Share India Securities

1 Day5 Days1 Month6 Months1 Year5 Years
-3.41%-6.98%-2.60%-12.15%-49.29%+289.37%
Share India Securities
View in Depthredirect
like19
dislike

Share India Securities Completes ₹35 Crore NCD Allotment on December 31, 2025

1 min read     Updated on 31 Dec 2025, 11:51 AM
scanx
Reviewed by
Shriram SScanX News Team
Overview

Share India Securities successfully completed the allotment of 3,500 non-convertible debentures on December 31, 2025, raising ₹35.00 crores through private placement. The Finance Committee of the Board approved the allocation of secured, listed, rated NCDs with face value of ₹1.00 lakh each, conducted in full compliance with SEBI listing regulations.

28707686

*this image is generated using AI for illustrative purposes only.

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.

Parameter: Details
Total Debentures Allocated: 3,500 units
Face Value per Debenture: ₹1.00 lakh
Total Amount Raised: ₹35.00 crores
Placement Method: Private Placement
Instrument Type: Non-Convertible Debentures
Allotment Date: December 31, 2025

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.

Historical Stock Returns for Share India Securities

1 Day5 Days1 Month6 Months1 Year5 Years
-3.41%-6.98%-2.60%-12.15%-49.29%+289.37%
Share India Securities
View in Depthredirect
like17
dislike
More News on Share India Securities
Explore Other Articles
Transformers & Rectifiers Targets ₹8000 Crore Order Book by FY26 End 7 hours ago
Reliance Industries Schedules Board Meeting for January 16, 2026 to Approve Q3FY26 Financial Results 9 hours ago
Power Mech Projects Subsidiary Secures ₹1,563 Crore BESS Contract from WBSEDCL 6 hours ago
Elpro International Acquires Additional Stake in Sundrop Brands for ₹39.18 Crores 6 hours ago
Krishival Foods Limited Completes Rights Issue Allotment of 3.33 Lakh Partly Paid-Up Equity Shares 8 hours ago
Raymond Realty Board Approves Employee Stock Option Plan 2025 Following Demerger 8 hours ago
154.97
-5.47
(-3.41%)