Share India Securities Limited announced that its Finance Committee has approved the allotment of 75,000 Non-Convertible Debentures (NCDs). These NCDs have a face value of INR 10,000/- each, aggregating to a total of INR 75,00,00,000/- (₹750 crore). The allotment is being made on a private placement basis, reinforcing the company’s fundraising strategies.
Share India Securities Secures Major Funding
Share India Securities Limited has successfully passed a significant financial milestone, with its Finance Committee approving the allotment of 75,000 Non-Convertible Debentures (NCDs). This strategic move, confirmed on November 05, 2026, represents a substantial fundraising effort for the company.
Key Financial Details of the Allotment
Each of the allotted NCDs carries a face value of INR 10,000/- (Indian Rupees Ten Thousand Only). The total value of this allotment aggregates to INR 75,00,00,000/-, which is equivalent to Indian Rupees Seventy-Five Crores (₹750 crore). The debentures are described as Listed, Rated, Secured, Taxable, Transferable, and Redeemable, and were issued on a private placement basis.
Meeting and Approval Timeline
The decision was made during a meeting of the Finance Committee of the Board of Directors, held on Thursday, November 05, 2026. The meeting commenced at 11:40 a.m. and concluded at 12:10 p.m., signifying a swift and efficient approval process for this crucial financial transaction.
Source: BSE
