Share India Securities Announces Interim Dividend, Approves Rs 200 Crore Debt Raise and Acquires Enshrine Leasing
Share India Securities Limited announced several key outcomes from its Board meeting held on July 24, 2026. The company approved the un-audited financial results for the quarter ending June 30, 2026, declared an interim dividend, and authorized a significant fundraising initiative through debt instruments.The Board meeting also approved the acquisition of Enshrine Leasing and Infotech Private Limited, aiming to strengthen the company's business infrastructure.
Financial Results and Dividend Declaration
In addition to approving the un-audited Standalone and Consolidated financial results for the quarter ending June 30, 2026, the Board declared the first Interim Dividend for the Financial Year 2026-27. The dividend is set at Re. 0.50 (Fifty Paisa Only) per equity share, which has a face value of Rs. 2/- (Rupees Two Only).The Record Date for determining shareholder eligibility for this interim dividend has been fixed as Thursday, July 30, 2026. The payment is scheduled to be completed before Saturday, August 22, 2026. The Board meeting commenced at 06:25 p.m. and concluded at 07:37 p.m.
Debt Financing Approval
The company's Board approved the raising of funds through the issuance of debt securities, including NonConvertible Debentures (NCDs) and Commercial Papers (CPs). The total fundraising limit sanctioned is up to Rs. 200 Crores on a Private Placement Basis. The Finance Committee of the Board was authorized to finalize the terms of the issuance and execute all related ancillary actions.Acquisition of Enshrine Leasing and Infotech Private Limited
The Board approved the acquisition of 100% equity share capital of Enshrine Leasing and Infotech Private Limited. This move is expected to provide strategic control over the IT Zone property owned by the target entity in Mumbai and support the company's long-term growth objectives.The proposed acquisition is scheduled for completion within six months from the date of the announcement. The consideration for the subscription of the shares will be made in cash, with a cost cap set at up to Rs. 45 Crores (Rupees Forty-five Crores Only).
Enshrine Leasing and Infotech Private Limited was incorporated on December 09, 2004, and operates in the Information Technology & Software Services/Real Estate Services sector. The company has a paid up Share Capital of Rs. 1,25,463, consisting of 1,25,463 equity shares at Re. 1/- each. Its Net Worth as at March 31, 2026, was recorded at Rs. 317.47 Lakhs.
Financial performance details for the target entity are presented below:
| Financial Year | Turnover (in Lakhs) |
|---|---|
| FY 2025-26 | 299.34 |
| FY 2024-25 | 221.23 |
| FY 2023-24 | 213.00 |
SHAREINDIA Stock Price Movement
Shares of Share India Securities Limited slipped on Friday, closing down 1.15% and settling at ₹191.57 after trading in the equity segment. The company recorded a volume of 1.1 million shares during the session, having tested a daily low of ₹186.5.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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