Share India Securities Limited announced key decisions from its Board Meeting held on July 24, 2026. The board approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, along with limited review reports and a security cover certificate. A 1st interim dividend of ₹0.50 per equity share was declared for FY 2026-27. The company also approved raising funds up to ₹200 Crores and the acquisition of 100% equity share capital of Enshrine Leasing and Infotech Private Limited.
Board Meeting Highlights: Financials and Dividends
Share India Securities Limited’s Board of Directors convened on July 24, 2026, and made several significant announcements. The board formally approved the Un-audited Standalone and Consolidated Financial Results for the quarter that concluded on June 30, 2026. This approval includes noting the Limited Review Reports on these financial results and a Security Cover Certificate issued by the Statutory Auditor. Furthermore, the company declared a 1st Interim Dividend for the Financial Year 2026–27. The dividend has been set at ₹0.50 per equity share, with each share having a face value of ₹2. The Record Date for determining eligibility for this dividend has been fixed as Thursday, July 30, 2026, and the payment will be made before Saturday, August 22, 2026.
Strategic Fund Raising and Acquisition
In a move to bolster its financial resources, the Board also approved the raising of funds up to ₹200 Crores. This will be achieved through the issuance of debt securities, including Non-Convertible Debentures (NCDs) and Commercial Papers (CPs), on a Private Placement Basis. The Finance Committee has been authorized to finalize the issuance terms. Additionally, Share India Securities Limited announced the approval of the acquisition of 100% equity share capital of Enshrine Leasing and Infotech Private Limited. This acquisition is strategically aimed at strengthening the company’s business infrastructure and gaining control over IT Zone property in Mumbai, supporting long-term growth objectives.
Acquisition Details: Enshrine Leasing and Infotech Private Limited
Enshrine Leasing and Infotech Private Limited, the target entity, has a paid-up share capital of ₹1,25,463, consisting of 1,25,463 equity shares of ₹1 each. As of March 31, 2026, its net worth was ₹317.47 Lakhs, with a turnover of ₹299.34 Lakhs for the Financial Year 2025-26. The company operates in the Information Technology & Software Services and Real Estate Services sectors. The acquisition is expected to be completed within six (6) months from the disclosure date, with the cost of acquisition not exceeding ₹45 Crores. The transaction is considered a cash consideration and will result in Share India Securities Limited acquiring 100% shareholding. Enshrine Leasing and Infotech Private Limited was incorporated on December 09, 2004.
Meeting Summary
The Board Meeting commenced at 06:25 p.m. and concluded at 07:37 p.m. on July 24, 2026. All decisions made are to be taken on record.
Source: BSE
