Share India Securities Limited announced board resolutions from its September 3, 2026 meeting. Key decisions include the appointment of Mr. Rajesh Arora as an Additional Director, designated as a Non-Executive Independent Director, subject to regulatory approvals. The board also recommended the re-appointment of Mr. Parveen Gupta as Managing Director and Mr. Sachin Gupta as Whole-time Director for five-year terms starting July 21, 2027. Additionally, the continuation of Mr. Yogesh Lohiya as a Non-Executive Independent Director was recommended.
Share India Securities Board Meeting Highlights
During its meeting held on Thursday, September 03, 2026, the Board of Directors of Share India Securities Limited approved several significant resolutions pertaining to leadership and corporate governance. These decisions are in line with applicable regulations and aim to strengthen the company’s directorial structure.
Director Appointments and Re-appointments
Appointment of Mr. Rajesh Arora
The board has approved the appointment of Mr. Rajesh Arora (DIN: 00341999) as an Additional Director. He will serve as a Non-Executive Independent Director. This appointment is contingent upon receiving prior approvals from stock exchanges including NSE, BSE, MCX, MSEI, and NCDEX. The appointment will become effective from the date these approvals are received.
Re-appointment of Mr. Parveen Gupta
A key recommendation to the shareholders is 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 five consecutive years, commencing from July 21, 2027, upon the expiry of his current term, and will conclude on July 20, 2032. Mr. Gupta possesses a Bachelor’s degree in Commerce and over 32 years of experience in broking and financing.
Re-appointment of Mr. Sachin Gupta
Similarly, the shareholders will be asked to approve the re-appointment of Mr. Sachin Gupta (DIN: 00006070) as the Whole-time Director. This term will also span five consecutive years, starting from July 21, 2027, to July 20, 2032. Mr. Gupta is a Commerce graduate with over 23 years of experience in financial markets and business development.
Continuation of Mr. Yogesh Lohiya
The board also recommended the continuation of Mr. Yogesh Lohiya (DIN: 00424142) as a Non-Executive Independent Director. This continuation is proposed after he attains the age of 75 years, for the remainder of his current term, ensuring continuity in experienced leadership.
AGM and Dividend Announcement
The company will convene its 32nd Annual General Meeting (AGM) on Tuesday, September 29, 2026, at 04:30 p.m., to be conducted via Video Conferencing. The board has also fixed Wednesday, September 09, 2026, as the Record Date for determining shareholder eligibility for the Final Dividend for the financial year 2025–26. The payment of this dividend, subject to shareholder approval, is scheduled for on or before Tuesday, October 20, 2026.
Director Eligibility
It has been 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 regulatory authority. All individuals are confirmed to have no disclosed relationships with other directors of the company.
Source: BSE
