Share India Securities Limited has approved its audited financial results for the quarter and financial year ended March 31, 2026. In a meeting held on May 19, 2026, the Board recommended a final dividend of Re. 0.50 per equity share. Furthermore, the company authorized the early redemption of 9,990 secured, listed non-convertible debentures originally issued in June 2025, demonstrating a proactive approach to capital management.
Financial Performance and Dividend Declaration
During the meeting held on May 19, 2026, the Board of Directors approved the audited standalone and consolidated financial results for the period ending March 31, 2026. As part of the company’s commitment to delivering value to its stakeholders, the Board recommended a final dividend of Re. 0.50 per equity share, based on a face value of Rs. 2 per share.
Strategic Debt Redemption
The company has also initiated a proposal for the early redemption of 9,990 secured, rated, and taxable non-convertible debentures. These instruments, which include 5,000 debentures under Series A and 4,990 debentures under Series B, were originally issued on June 23, 2025. This early redemption is subject to necessary approvals and will be executed on a date to be determined by the company, reflecting a strategic move to optimize its debt profile.
Source: BSE
