Share India Securities Approves NCD Allotment and Sets Debenture Holders Meeting for Early Redemption
Share India Securities Limited announced key decisions regarding its NonConvertible Debentures (NCDs) following the meeting of its Finance Committee on Friday, July 31, 2026. The committee approved the allotment of new secured NCDs and mandated a forthcoming meeting of debenture holders to address the early redemption of existing instruments.The Finance Committee approved the private placement of 1,50,000 secured, rated, listed, taxable, redeemable, transferable NCDs. These debentures have a face value of INR 10,000/- each, aggregating to INR 150 Crores.
Further decisions included convening a meeting for the holders of specific NCD series. This meeting is scheduled to be held on Tuesday, August 25, 2026, at 04:00 p.m. The gathering will take place via Video Conferencing (VC) or Other Audio-Visual Means (OAVM).
The purpose of the debenture holders' meeting is to seek approval for the early redemption of certain NCDs prior to their scheduled maturity. The series slated for discussion include those bearing ISIN: INE932X07023 ('NCD Series A') and ISIN: INE932X07015 ('NCD Series - B').
The Finance Committee meeting commenced at 02:00 p.m. and concluded at 02:50 p.m.
SHAREINDIA Stock Price Movement
As of 3:30 PM in live trading, shares of Share India Securities Limited are rallying strongly to ₹178.36, driven by a solid gain of 3.90%. This ascent is supported by significant activity, with over 547,704 shares traded in the current session.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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