Share India Securities Limited has announced an update regarding its ongoing issuance of Non-Convertible Debentures (NCDs). The tenure of these NCDs has been revised from “up to 21 months and 5 days” to precisely 21 months and 6 days from the Deemed Date of Allotment. All other terms and conditions for the NCDs remain unchanged.
Share India Securities Updates NCD Terms
Share India Securities Limited has informed stakeholders about a revision in the tenure of its recently disclosed Non-Convertible Debentures (NCDs). This update follows a prior disclosure on October 26, 2026, concerning the issuance of these NCDs.
Revised Tenure for NCDs
The tenure for the said NCDs, initially stated as “up to 21 months and 5 days from the Deemed Date of Allotment,” has now been updated to a fixed duration of 21 months and 6 days from the Deemed Date of Allotment. This adjustment represents a minor extension to the debt instrument’s maturity.
Unchanged Terms and Conditions
The company has emphasized that all other terms and conditions pertaining to the issuance of these NCDs remain unchanged. This includes aspects such as interest rates, redemption schedules, and any associated covenants, ensuring continuity for potential investors and the market.
Compliance and Record Keeping
This information is being submitted to the stock exchanges in adherence to the applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company requests that this update be taken on record by the relevant authorities.
Source: BSE
