Share India Securities Limited announced the outcome of its Board Meeting held on September 03, 2026. The Board approved the appointment of Mr. Rajesh Arora as an Additional Director, designated as a Non-Executive Independent Director, subject to regulatory approvals. Additionally, the Board recommended the re-appointment of Mr. Parveen Gupta as Managing Director and Mr. Sachin Gupta as Whole-time Director for a period of five years each, effective July 21, 2027.
Key Board Decisions at Share India Securities
On September 03, 2026, the Board of Directors of Share India Securities Limited convened a meeting where several significant decisions were made regarding leadership and governance. These decisions are in line with the company’s strategic growth and ongoing compliance with regulatory requirements.
Appointment of Additional Director
The Board has approved the appointment of Mr. Rajesh Arora (DIN: 00341999) as an Additional Director. He will be designated as a Non-Executive Independent Director. This appointment is contingent upon receiving prior approvals from various stock exchanges including NSE, BSE, MCX, MSEI, and NCDEX. The appointment will become effective from the date these approvals are received.
Re-appointment of Managing Director and Whole-time Director
Shareholders will be recommended for the re-appointment of Mr. Parveen Gupta (DIN:00013926) as the Managing Director of the Company. This re-appointment is proposed for a period of 5 (five) consecutive years, commencing upon the expiry of his current term on July 21, 2027, and concluding on July 20, 2032.
Similarly, the Board recommended the re-appointment of Mr. Sachin Gupta (DIN:00006070) as the Whole-time Director of the Company. This tenure will also be for a period of 5 (five) consecutive years, starting from July 21, 2027, to July 20, 2032.
Continuation of Non-Executive Independent Director
The Board also recommended the continuation of Mr. Yogesh Lohiya (DIN: 00424142) as a Non-Executive Independent Director. This continuation is proposed to be post him attaining the age of 75 years, for the remainder of his current term.
Annual General Meeting Scheduled
The 32nd Annual General Meeting (AGM) of the Company is scheduled to be held on Tuesday, September 29, 2026, at 04:30 p.m. The meeting will be conducted through Video Conferencing (VC) or Other Audio-Visual Means (OAVM), in compliance with applicable regulations.
Confirmation on Director Standing
It is confirmed that Mr. Rajesh Arora, Mr. Parveen Gupta, Mr. Sachin Gupta, and Mr. Yogesh Lohiya are not debarred from holding directorships by any order from SEBI or any other statutory or regulatory authority.
Record Date for Final Dividend
Furthermore, the Board has fixed Wednesday, September 09, 2026, as the Record Date to determine shareholder eligibility for the Final Dividend for the financial year 2025-26. The payment of this dividend is subject to shareholder approval at the upcoming AGM and is expected to be made on or before Tuesday, October 20, 2026.
Board Meeting Details
The Board of Directors’ meeting commenced at 03:47 p.m. and concluded at 04:27 p.m. on the same day.
Source: BSE
