Share India Securities Limited Activated as NSDL Depository Participant Effective February 24, 2026

1 min read     Updated on 25 Feb 2026, 05:58 PM
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Overview

Share India Securities Limited has been activated as a Depository Participant of National Securities Depository Limited (NSDL) effective February 24, 2026. The company disclosed this development to stock exchanges on February 25, 2026, in compliance with SEBI Listing Regulations. This activation enables the company to provide NSDL depository participant services and expand its financial services offerings, representing a strategic business expansion.

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

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.

Parameter Details
Regulatory Authority National Securities Depository Limited (NSDL)
Effective Date February 24, 2026
Disclosure Date February 25, 2026
BSE Script Codes 540725 / 976824 / 976825 / 977430
NSE Symbol SHAREINDIA

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

Particulars Details
Approval Type Activation as Depository Participant
Licensing Authority National Securities Depository Limited (NSDL)
Business Impact Enables provision of NSDL depository services
Service Expansion Enhanced financial services offerings

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.

Historical Stock Returns for Share India Securities

1 Day5 Days1 Month6 Months1 Year5 Years
-2.85%-9.20%-8.62%-14.52%-38.17%+181.87%
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Share India Securities Invests ₹5.99 Crore in Subsidiary Share India Cred Capital

2 min read     Updated on 23 Feb 2026, 03:58 PM
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Reviewed by
Ashish TScanX News Team
Overview

Share India Securities Limited's Finance Committee approved an additional investment of ₹5.99 crore in subsidiary Share India Cred Capital Private Limited on February 23, 2026. The investment involves subscribing to 59,93,994 equity shares at ₹10 face value through a rights issue. SIC CPL, incorporated in January 2026, focuses on financial services including debt instruments, trading, and portfolio management. The company will retain 60% ownership while strengthening the subsidiary's capital base for operational expansion.

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Share India Securities Limited has announced a significant capital infusion into its subsidiary, demonstrating the company's commitment to strengthening its group operations and expanding its financial services portfolio.

Investment Details

The Finance Committee of the Board of Directors approved an additional investment of ₹5,99,39,940 in Share India Cred Capital Private Limited (SIC CPL) during its meeting held on February 23, 2026. The investment structure and key parameters are outlined below:

Parameter: Details
Investment Amount: ₹5,99,39,940
Number of Shares: 59,93,994 equity shares
Face Value per Share: ₹10
Subscription Method: Rights basis
Meeting Duration: 3:00 p.m. to 3:30 p.m.

Subsidiary Profile

Share India Cred Capital Private Limited represents a strategic addition to the group's financial services capabilities. The subsidiary was recently incorporated with specific objectives in the capital markets space:

Company Details: Information
Incorporation Date: January 06, 2026
Current Paid-up Capital: ₹1,00,000
Existing Shares: 10,000 equity shares
Industry Focus: Financial Services
Geographic Presence: India

Business Scope and Operations

SIC CPL has been established with comprehensive objectives in the financial services sector. The subsidiary's business model encompasses:

  • Originating, structuring, underwriting, syndicating, and distributing debt, hybrid, and structured credit instruments
  • Operations in both public and private markets, domestically and globally
  • Trading, investment, and portfolio management in fixed income and money market securities
  • Government and securitised securities dealings
  • Equity and equity-linked instruments, including unlisted and pre-IPO securities

Related Party Transaction Details

The investment qualifies as a related party transaction under Section 2(76) of the Companies Act, 2013, given SIC CPL's subsidiary status. Key stakeholder interests include:

  • Mr. Rajesh Gupta: Director of SIC CPL and promoter of Share India Securities
  • Mr. Agam Gupta: Director of SIC CPL and member of the promoter group
  • Ms. Nikki Vijay Vora: Director of SIC CPL and relative of a company director

The transaction is being conducted in the ordinary course of business on an arm's length basis.

Strategic Impact and Timeline

The investment aims to strengthen SIC CPL's capital base and support its operational expansion, aligning with Share India Securities' long-term strategy to enhance subsidiary growth and overall group value. Following completion, the company will maintain its 60% shareholding in SIC CPL, assuming full subscription by other shareholders on a rights basis.

The investment is scheduled for completion within five working days from February 23, 2026, requiring no governmental or regulatory approvals. This cash consideration transaction represents a strategic move to capitalize on opportunities in India's evolving financial services landscape.

Historical Stock Returns for Share India Securities

1 Day5 Days1 Month6 Months1 Year5 Years
-2.85%-9.20%-8.62%-14.52%-38.17%+181.87%
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1 Year Returns:-38.17%