Share India Securities Limited has announced that its Board of Directors will review a proposal for the early redemption of 9,990 Non-Convertible Debentures (NCDs). These securities, which include both Series A and Series B, were originally issued on June 23, 2025. The decision regarding the early repayment will be discussed during the upcoming Board meeting scheduled for May 19, 2026, and remains subject to the receipt of necessary regulatory approvals.
Upcoming Board Meeting Details
Share India Securities Limited has formally scheduled a Board of Directors meeting for Tuesday, May 19, 2026. In this upcoming session, the board will evaluate a key financial proposal concerning the company’s debt structure and capital management strategy.
Details of the Early Redemption Proposal
The company is planning to consider the early redemption of 9,990 secured, rated, and taxable Non-Convertible Debentures. These instruments were previously issued via private placement on June 23, 2025. The total issuance comprises two distinct series:
- Series A: 5,000 debentures
- Series B: 4,990 debentures
The company intends to determine the specific date for this redemption following the Board’s review and the procurement of all required approvals.
Source: BSE
