Share India Securities Limited has approved the allotment of 44,02,000 fully paid-up equity shares following the amalgamation of Silverleaf Capital Services Private Limited. Additionally, the Nomination and Remuneration Committee has approved the grant of 3,80,500 employee stock options under its ESOS-II scheme. These actions are in compliance with SEBI regulations and the terms of the amalgamation scheme.
Share India Securities Approves Key Corporate Actions
Share India Securities Limited announced significant corporate actions following its Board of Directors’ resolution passed through circulation on November 04, 2026. The company has approved the allotment of 44,02,000 fully paid-up equity shares, each with a face value of ₹2. This allotment is a direct consequence of the Scheme of Amalgamation of Silverleaf Capital Services Private Limited with Share India Securities Limited.
Employee Stock Options Granted
Further, in line with the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, the Nomination and Remuneration Committee (“NRC”) of Share India Securities Limited also passed a resolution on November 04, 2026. This resolution approved the grant of 3,80,500 employee stock options to eligible employees under the “Share India Employees Stock Option Scheme-II (ESOS-II)”. These options are also pursuant to the aforementioned Scheme of Amalgamation.
Disclosure Details
The requisite disclosures regarding the allotment of equity shares and the grant of employee stock options have been made in accordance with the SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026, dated January 30, 2026. These details are provided in Annexure I for the equity share allotment and Annexure II for the employee stock options.
Annexure I: Equity Share Allotment Details
- Type of securities: Equity shares
- Type of issuance: Allotment pursuant to the Scheme of Amalgamation of Silverleaf Capital Services Private Limited with Share India Securities Limited and their respective Shareholders and Creditors.
- Number of securities: 44,02,000 fully paid-up equity shares of face value of ₹2/- each.
Annexure II: Employee Stock Option Grant Details
- Brief details of options granted: 3,80,500 Employee stock options to the employees of erstwhile Silverleaf Capital Services Private Limited, now employees of Share India Securities Limited, under the “Share India Employees Stock Option Scheme-II (ESOS-II)”.
- Scheme compliance: The scheme is in terms of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.
- Number of shares covered: Each of the 3,80,500 options upon vesting thereof, shall be exercisable into 1 equity share of face value of Rs. 2/- each.
- Pricing formula: The exercise price of the options was determined as Rs. 2/- per option.
- Vesting and Exercise: Options vested as of the date of announcement are 1,41,500. The exercise period commences from the date of vesting and expires not later than 1 year from the last Vesting Date. Options are not yet exercised, and money realized from exercise is not applicable.
- Significant terms: Acceptance requires a signed form. No amount is payable at acceptance or vesting. At the time of exercise, the grantee shall pay Rs. 2/- per option along with taxes.
Source: BSE
