Share India Securities Limited announced the cessation of Mr. Shanti Kumar Jain as a Non-Executive Independent Director. This change is effective August 27, 2026, upon Mr. Jain attaining the age of 75 years, as per Regulation 17(1A) of the Listing Regulations. Consequently, he has also stepped down from the Audit Committee and Corporate Social Responsibility Committee. The company expressed gratitude for his contributions.
Board Composition Update
Share India Securities Limited has officially confirmed the cessation of Mr. Shanti Kumar Jain from his position as a Non-Executive Independent Director. This development is effective from August 27, 2026, a date on which Mr. Jain reached the age of 75 years. This cessation is in line with the provisions of Regulation 17(1A) of the applicable Listing Regulations.
Committee Changes
Following his departure as an Independent Director, Mr. Shanti Kumar Jain has also ceased to be a member of both the Audit Committee and the Corporate Social Responsibility Committee of Share India Securities Limited. These changes are also effective from August 27, 2026.
Company Acknowledgment
The company has formally acknowledged Mr. Jain’s tenure, expressing sincere appreciation for the valuable guidance, support, and significant contributions he provided towards the growth and development of Share India Securities Limited during his time as an Independent Director. A detailed disclosure as per SEBI guidelines is enclosed.
Source: BSE
