Share India Securities Limited Approves Financial Results, Dividend, and Redemption of NCDs
Share India Securities Limited announced key decisions following its Board of Directors meeting held on Tuesday, May 19, 2026. The board approved the audited financial results for the quarter and financial year ended March 31, 2026, and recommended a final dividend. The company also sanctioned the early redemption of a total of 9,990 Non-Convertible Debentures (NCDs).The board approved the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. This approval included acknowledging the Statutory Auditors' Report on the financial results.
Furthermore, the directors recommended a final dividend of Re. 0.50 (Fifty Paisa) per equity share, which has a face value of Rs. 2 (Rupees Two) each.
The company also approved a proposal for the early redemption of 9,990 secured NCDs. These debentures are structured across two series and were originally issued on a private placement basis on June 23, 2025.
The details of the debentures approved for redemption are as follows:
| Series | Number of Debentures |
|---|---|
| Series A | 5,000 |
| Series B | 4,990 |
| Total | 9,990 |
The early redemption of the NCDs is subject to the receipt of necessary approvals and the company determining a suitable date for the action.
In addition to the financial results and dividend, the board also approved several related statements and documentation for the quarter ended March 31, 2026. These included:
- Statement regarding the utilization of issue proceeds of Non-Convertible Debentures.
- Statement concerning any deviation or variation in the use of issue proceeds of Non-Convertible Debentures.
- Annexure to the Security Cover Certificate for Non-Convertible Debentures as of March 31, 2026.
The Board meeting commenced at 06:20 p.m. and concluded at 07:24 p.m.
SHAREINDIA Stock Price Movement
On Tuesday, shares of Share India Securities Limited gained 5.81% to close at ₹146.79, marking a strong finish for the equity. The stock showed significant buying interest throughout the session, concluding trading with a robust volume of 629,399 shares.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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