Share India Securities Limited announced that its Finance Committee has approved the allotment of 75,000 Non-Convertible Debentures (NCDs) valued at ₹10,000/- each. This private placement raises a total of INR 75,00,00,000/- (INR 75 Crores). The approval was granted during a meeting held on August 21, 2026, following prior disclosures on July 24 and August 12, 2026.
Share India Securities Approves Major NCD Allotment
Share India Securities Limited has received a significant approval from its Finance Committee for the allotment of Non-Convertible Debentures (NCDs) through a private placement. This decision, made on Friday, August 21, 2026, marks a key capital-raising event for the company.
Key Details of the Allotment
The Finance Committee has sanctioned the issuance and allotment of 75,000 Listed, Rated, Secured, Taxable, Transferable, Redeemable Non-Convertible Debentures (NCDs). Each NCD has a face value of INR 10,000/- (Indian Rupees Ten Thousand Only). The total aggregate value of this issuance amounts to INR 75,00,00,000/- (Indian Rupees Seventy Five Crores Only). The allotment is being conducted on a private placement basis.
Meeting Proceedings
The meeting of the Finance Committee of the Board of Directors commenced at 11:45 a.m. and concluded at 12:20 p.m. on August 21, 2026. This approval follows previous disclosures made by the company on July 24, 2026, and August 12, 2026, regarding related matters. The company has informed that this action is in compliance with applicable SEBI regulations.
Source: BSE
