SHAREINDIA
Share India Securities Limited
NSELast Traded Price
₹167.65
-1.37 (-0.81%)
Open
₹170
High
₹170
Low
₹167.65
Prev Close
₹169.02
Industry
Stockbroking & Allied
Market Cap
3646.25 Cr
Filing History
Recent corporate announcements and filings for SHAREINDIA
Governance
Neutral
2026-08-27 11:37
- Mr. Shanti Kumar Jain ceased to be a Non-Executive Independent Director of Share India Securities Limited, effective August 27, 2026. This cessation is due to him attaining the age of 75 years, as per Regulation 17(1A) of SEBI Listing Regulations. He also ceased to be a member of the Audit and CSR Committees.
Governance
Neutral
2026-08-25 17:18
- Meeting of Non-Convertible Debenture (NCD) holders on August 25, 2026, adjourned due to lack of quorum.
- The adjourned meeting is rescheduled for September 01, 2026, at 04:00 p.m. via VC/OAVM.
- Businesses to be transacted remain unchanged.
Business Update
Positive
2026-08-21 15:05
- The Hon'ble NCLT, Ahmedabad Bench, has approved the Scheme of Amalgamation of Silverleaf Capital Services Private Limited with Share India Securities Limited vide order dated August 20, 2026.
- The amalgamation is expected to lead to business synergy, pooling of resources, enhanced technology, and increased shareholder value.
Business Update
Positive
2026-08-21 12:45
- Share India Securities Limited allotted 75,000 Non-Convertible Debentures (NCDs) on August 21, 2026.
- The NCDs have a face value of ₹10,000 each, aggregating to ₹75 crores.
- The allotment was done on a private placement basis.
Business Update
Positive
2026-08-12 16:48
- Share India Securities Limited's Finance Committee approved the issuance of Non-Convertible Debentures (NCDs) via private placement.
- Fundraise up to ₹75 Crores (75,000 NCDs of ₹10,000 each), including a green shoe option.
- NCDs are listed, rated, secured, taxable, transferable, redeemable.
- Coupon rate: 10.50% p.a., interest payable monthly.
- Tenure: Up to 18 months and 18 days from allotment date.
Business Update
Negative
2026-08-07 17:56
CRITICAL RED FLAG DETECTED
- NSE Clearing Limited (NCL) levied a monetary penalty of ₹1,00,000/- (exclusive of GST) on Share India Securities Limited.
- The penalty was for Market Wide Position Limit (MWPL) violation.
- The company stated that the penalty has no material impact on its financials, operations, or other business activities.
Governance
Positive
2026-08-03 13:05
- Notice of meeting for Non-Convertible Debenture (NCD) holders to approve the early redemption of 9,990 NCDs (Series A & B), totaling ₹74.90 Cr. (after partial redemption for Series A NCDs).
- Meeting scheduled for August 25, 2026, 04:00 p.m. via Video Conferencing.
- The redemption aims to optimize debt structure, not due to financial difficulty.
- Remote e-voting is available from Aug 22-24, 2026, with the cut-off date for eligibility being Aug 18, 2026.
Business Update
Negative
2026-07-31 15:16
CRITICAL RED FLAG DETECTED
- Share India Securities Limited received a monetary penalty of ₹3,00,000/- from the National Stock Exchange of India Limited (NSE).
- The penalty was levied for Non-Tagging of Unique Identifier for Algorithmic orders.
- The company states the penalty has no material impact on its financials, operations, or other business activities.
Business Update
Positive
2026-07-31 15:08
- Allotment of 1,50,000 secured, rated, listed NCDs with a face value of ₹10,000 each, aggregating to ₹150 Crores, on a private placement basis.
- The Finance Committee approved convening a meeting of NCD holders on August 25, 2026, to seek approval for the early redemption of NCD Series A (ISIN: INE932X07023) and Series B (ISIN: INE932X07015).
Business Update
Positive
2026-07-31 15:00
- Finance Committee approved allotment of 1,50,000 NCDs aggregating to ₹150 Crores via private placement.
- Meeting of NCD holders scheduled for August 25, 2026, at 4:00 p.m. to approve early redemption of existing NCDs.
Business Update
Positive
2026-07-31 11:29
- Consolidated Revenue from operation increased by 31% YoY to ₹448 crores in Q1 FY27.
- Consolidated Profit After Tax (PAT) rose by 48% YoY to ₹124.41 crores in Q1 FY27.
- Company delivered its strongest quarterly financial performance to date, despite industry-wide headwinds.
- Management is confident of achieving around 20% growth in the current financial year (FY27).
- Key growth drivers include expanding MTF book (target ₹1000Cr in 2 years), PMS AUM (target ₹250Cr by FYE), AIF launch in Q3, and opening 30 new branches in Tier-3 cities over the next two years.
- Diversifying funding with commercial paper program (Crisil A1+) and NCDs; reducing reliance on proprietary trading (now 50-52% of profitability, 58-60% of revenue).
Business Update
Neutral
2026-07-27 18:12
- Audio recording of the Conference Call with Analysts/Investors held on July 27, 2026, to discuss the Un-audited Standalone & Consolidated Financial Results for the quarter ended June 30, 2026, is now available. The link to the recording is provided in the filing.
Financials
Positive
2026-07-24 22:15
- Consolidated Revenue ₹4,481 Mn vs ₹3,413 Mn (▲31.3% YoY)
- EBITDA ₹2,006 Mn vs ₹1,382 Mn (▲45.2% YoY)
- PAT ₹1,244 Mn vs ₹845 Mn (▲47.2% YoY)
- EBITDA Margin 44.8% vs 40.5% (▲430bps)
- Board declared an interim dividend of INR 0.50 per share.
Business Update
Positive
2026-07-24 21:17
- Board approved Q1 FY2026-27 unaudited financial results.
- Declared Re. 0.50/share interim dividend (Record Date: July 30, 2026).
- Approved raising up to ₹200 Cr via debt securities.
- Approved 100% equity acquisition of Enshrine Leasing and Infotech (up to ₹45 Cr) for strategic IT assets.
Governance
Positive
2026-07-24 21:14
- Board Meeting held on July 24, 2026.
- Approved Un-audited Standalone and Consolidated financial results for Q1 FY27 (ended June 30, 2026).
- Declared 1st Interim Dividend of Re. 0.50 per equity share for FY 2026–27 (Record Date: July 30, 2026).
- Approved raising of funds up to Rs. 200 Crores via debt securities.
- Approved 100% acquisition of Enshrine Leasing and Infotech Private Limited for up to Rs. 45 Crores.
Financials
Positive
2026-07-24 21:09
- Board approved unaudited financial results for Q1 FY27 (quarter ended June 30, 2026).
- Declared 1st Interim Dividend of Re. 0.50 per equity share for FY27. Record Date: July 30, 2026. Payment by August 22, 2026.
- Approved fund-raising up to ₹200 Crores via debt securities (NCDs/CPs) on private placement.
- Approved acquisition of 100% equity in Enshrine Leasing and Infotech Private Limited for up to ₹45 Crores, primarily for strategic IT Zone property control in Mumbai.
Financials
Positive
2026-07-24 20:56
- Consolidated Revenue ₹448.09 Cr vs ₹341.41 Cr (▲31.24% YoY)
- EBITDA ₹200.58 Cr vs ₹138.25 Cr (▲45.09% YoY)
- PAT ₹124.41 Cr vs ₹84.38 Cr (▲47.45% YoY)
- EBITDA Margin 44.76% vs 40.49% (▲427bps)
- The Board declared a 1st interim dividend of Re. 0.50/- per equity share for FY 2026-27.
- The company approved the acquisition of 100% equity share capital of Enshrine Leasing and Infotech Private Limited.
- Approval for issuance of Non-Convertible Debentures/Commercial Papers up to ₹200 Cr on a Private Placement Basis.
Business Update
Neutral
2026-07-22 14:57
- Concall Schedule
- Concall Date: Monday, July 27, 2026
- Concall Time: 04:30 P.M. (IST)
- Purpose: To discuss the Un-audited Standalone & Consolidated Financial Results for the quarter ended June 30, 2026 (Q1-FY27).
- Management Representation: Mr. Kamlesh Shah (Managing Director), Mr. Rajesh Gupta (Director), Mr. Sachin Gupta (CEO & Whole-time Director), and other Senior Management Personnel.
Business Update
Positive
2026-07-20 16:23
- Finance Committee approved the issuance of up to 1,50,000 secured, rated, listed, taxable, transferable, redeemable Non-Convertible Debentures (NCDs).
- The NCDs have a face value of INR 10,000 each, aggregating up to INR 150 Crores, on a private placement basis.
- They carry a coupon/interest of 10.50% per annum and have a tenure of up to 25 months from the date of allotment.
Business Update
Positive
2026-07-08 13:34
- CARE Ratings Limited assigned "CARE A+; Stable" rating to Share India Securities Limited's proposed Non-Convertible Debentures.
- The proposed Non-Convertible Debentures amount to ₹250 Crore.
Routine
Neutral
2026-07-08 13:16
New Filing detected. See link for details.
Routine
Neutral
2026-06-25 11:44
- Trading window for Designated Persons and their Immediate Relatives to close from July 01, 2026.
- It will remain closed until 48 hours after the declaration of financial results for the quarter ended June 30, 2026.
Governance
Negative
2026-06-23 17:05
CRITICAL RED FLAG DETECTED
- NSE levied a monetary penalty of ₹5,09,000/- (excluding GST) on Share India Securities Ltd.
- The penalty is for a violation in the ordinary course of stock broking operations.
- The Company stated it has no material impact on its financials, operations, or business activities.
Governance
Positive
2026-06-22 15:14
- Share India Securities Limited has appointed Mr. Sarthak Bhalla as the Compliance Officer and Senior Management Personnel, effective June 22, 2026.
- This appointment is made under SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, and SEBI (Prohibition of Insider Trading) Regulations, 2015.
Business Update
Positive
2026-06-18 17:39
- The Finance Committee on June 18, 2026, approved issuing up to 50,000 secured, rated, listed NCDs aggregating ₹50 Crores via private placement. They carry a 10.50% p.a. coupon and up to 15-month tenure.
Governance
Negative
2026-06-16 17:34
CRITICAL RED FLAG DETECTED
- Ms. Kesha Ankit Choksi, Compliance Officer - PIT and Senior Management Personnel, has resigned.
- Resignation is effective June 16, 2026, due to increased professional commitments.
Business Update
Positive
2026-06-10 17:38
- Share India Securities Limited partially redeemed Non-Convertible Debentures (NCDs) on June 10, 2026.
- For ISIN INE932X07023, the face value per NCD reduced from ₹62,500 to ₹50,000.
- For ISIN INE932X07031, the face value per NCD reduced from ₹87,500 to ₹75,000.
Governance
Negative
2026-06-03 16:51
CRITICAL RED FLAG DETECTED
- Mr. Subhash Chander Kalia resigned as Non-Executive Independent Director, effective June 02, 2026.
- He cited being "constrained to discharge responsibilities effectively" as his views on corporate governance and minority shareholder interests were "generally not taken in right spirit."
- He also ceased to be a member of the Audit Committee and Chairperson of the Stakeholders Relationship Committee.
Business Update
Negative
2026-05-29 18:11
CRITICAL RED FLAG DETECTED
Share India Securities Limited reported that Acuité Ratings & Research Limited downgraded ratings across multiple debt instruments, including Bank Guarantees (e.g., from ACUITE A1+ to A4+), Long Term Loans, Debentures, and Secured Overdrafts. The company stated it transitioned to CRISIL for ratings and had informed Acuité it would no longer seek ratings from them since March 18, 2026. The company noted that CRISIL's ratings for these instruments are reaffirmed and remain in force.
Governance
Negative
2026-05-25 18:06
CRITICAL RED FLAG DETECTED
Share India Securities Limited was levied a monetary penalty of Rs. 2,00,000/- (excluding GST) by the National Stock Exchange of India Limited (NSE) on May 19, 2026. The penalty is for non-compliance with regulatory requirements regarding the Non Tagging of Unique Identifiers for algorithmic orders. The company stated that the penalty has no material impact on its financials or operations.
Governance
Neutral
2026-05-23 17:17
Share India Securities Limited announced the outcome of a Postal Ballot. Members approved the appointment of Mr. Arun Kumar Jain as a Non-Executive Independent Director for five consecutive years, effective March 5, 2026. They also approved the re-appointment of Mr. Piyush Mahesh Khandelwal as a Non-Executive Independent Director for a further five consecutive years, effective March 3, 2026. Both resolutions were passed with requisite majority.
Governance
Neutral
2026-05-23 17:17
Share India Securities Limited announced the outcome of its postal ballot, where shareholders approved the appointment of Mr. Arun Kumar Jain as a Non-Executive Independent Director for a term of five consecutive years. Additionally, the re-appointment of Mr. Piyush Mahesh Khandelwal as a Non-Executive Independent Director for a further term of five consecutive years was also approved. The resolutions were passed with requisite majority.
Governance
Neutral
2026-05-23 17:03
Share India Securities Limited announced the successful completion of its Postal Ballot process. Shareholders approved the appointment of Mr. Arun Kumar Jain as a Non-Executive Independent Director with 99.9915% votes in favour and the re-appointment of Mr. Piyush Mahesh Khandelwal as a Non-Executive Independent Director with 99.4359% votes in favour, both for a term of five consecutive years. All resolutions were passed with requisite majority.
Business Update
Positive
2026-05-23 16:10
Share India Securities is highly optimistic about the Indian capital markets and is actively diversifying its revenue streams. Key growth drivers include expanding Wealth Management (PMS AUM target INR 200 Cr by FY27, AIF operations by FY27-end), venturing into the debt market with Share India Cred (target INR 500 Cr issues by FY27), and scaling its algo trading platform uTrade (crossed 5,000 clients in FY26, aiming for 650 Cr MTF book by FY27/FY28). They are expanding retail presence by opening branches in Tier-3 cities for better MTF margins (targeting 30 in 2-3 years). Management expects minimal impact from new RBI regulations on prop trading due to their hybrid model and conversion to bank guarantees, aiming for 60% client business contribution to turnover by FY27-end. They maintain an annual EBITDA margin of 38% (+/-2%) and PAT margin of 22% (+/-2%) and anticipate good returns from their investment in MSCI. The company is well-capitalized with a net worth of INR 2,655 Cr.
Business Update
Neutral
2026-05-20 20:08
Share India Securities Limited announced the availability of the audio recording of its conference call held on May 20, 2026. The concall discussed the Audited Standalone & Consolidated Financial Results for the quarter and financial year ended March 31, 2026, with analysts and investors.
Financials
Positive
2026-05-19 21:49
Consolidated Revenue ₹415.9 Cr vs ₹239.4 Cr (▲73.7% YoY), EBITDA ₹116.9 Cr vs ₹52.4 Cr (▲123.2% YoY), PAT ₹58.0 Cr vs ₹18.6 Cr (▲211.3% YoY). EBITDA Margin 28.1% vs 21.9% (▲620bps). The board also recommended a final dividend of INR 0.50 per share.
Financials
Positive
2026-05-19 21:00
Share India Securities Limited's Board of Directors met on May 19, 2026. They approved the Audited Standalone and Consolidated Financial Results for the quarter and financial year ended March 31, 2026. A final dividend of Re. 0.50/- per equity share was recommended, and the early redemption of 9,990 Non-Convertible Debentures was approved.
Financials
Positive
2026-05-19 20:53
Share India Securities Limited's Board of Directors, at its meeting on May 19, 2026, approved the Audited Standalone and Consolidated Financial Results for the quarter and financial year ended March 31, 2026. The Board recommended a final dividend of Re. 0.50/- per equity share and approved the proposal for early redemption of 9,990 Non-Convertible Debentures.
Financials
Positive
2026-05-19 20:47
Share India Securities Limited reported strong Standalone financial results for Q4 FY26. Standalone Revenue ₹383.91Cr vs ₹187.60Cr (▲104.65% YoY), EBITDA ₹127.22Cr vs ₹37.17Cr (▲242.27% YoY), PAT ₹74.95Cr vs ₹16.20Cr (▲362.59% YoY). EBITDA Margin 33.14% vs 19.81% (▲1333bps). The Board also recommended a final dividend of Re. 0.50 per equity share for FY26 and approved raising funds via FCCBs up to USD 50 Million.
Business Update
Positive
2026-05-16 17:28
Share India Securities Limited announced that the National Stock Exchange of India Limited (NSE) has reversed the monetary penalty of ₹1,50,000/- (excluding GST) that was previously levied on the company for 'Non-Tagging of Unique Identifier for Algorithmic Orders'. The original penalty was disclosed on December 22, 2025, and the reversal information was made available by NSE on May 15, 2026.
Business Update
Neutral
2026-05-15 17:10
Share India Securities Limited will host a conference call with analysts and investors on Wednesday, May 20, 2026, at 5:30 PM (IST). The call will discuss the Audited Standalone & Consolidated Financial Results for the quarter and financial year ended March 31, 2026. The management team, including the Managing Director and CEO, will participate.
Business Update
Negative
2026-04-28 15:16
CRITICAL RED FLAG DETECTED
Share India Securities Limited received a monetary penalty of Rs. 1,20,000/- from the National Stock Exchange of India Limited (NSE) on April 28, 2026. The penalty was levied for non-tagging of Unique Identifier for Algorithmic Orders, which occurred in the normal course of stock broking operations. The company stated it has no material impact on its financials or operations.
Governance
Neutral
2026-04-21 12:53
Share India Securities Limited announced a postal ballot for the appointment of Mr. Arun Kumar Jain and re-appointment of Mr. Piyush Mahesh Khandelwal as Non-Executive Independent Directors for five-year terms. E-voting is from April 22, 2026, to May 21, 2026, with results by May 25, 2026.
Business Update
Negative
2026-03-30 16:28
CRITICAL RED FLAG DETECTED
Share India Securities Ltd received a monetary penalty of Rs. 1,18,000/- from NSE Clearing Limited (NCL) on March 27, 2026, for an inadvertent increase in open positions in SAIL. The company states there is no material financial or operational impact.
Ownership
Neutral
2026-03-25 15:45
Share India Securities Limited announced the closure of its trading window for Designated Persons and their relatives from April 01, 2026, until 48 hours after the declaration of financial results for the quarter and financial year ended March 31, 2026. The closure is in compliance with SEBI insider trading regulations.
Business Update
Positive
2026-03-20 18:27
Share India Securities submitted an Investor Presentation for a Group Conference organized by Valorem Advisors, scheduled for March 23, 2026. The presentation highlights the company's robust growth, including a 5-year Revenue CAGR of 45% and PAT CAGR of 52%.
Business Update
Negative
2026-03-19 15:41
CRITICAL RED FLAG DETECTED
SEBI issued a Settlement Order under the 'Settlement Scheme for Association with Certain Algo Platforms, 2025', requiring Share India Securities Limited and 110 other brokers to pay ₹1,00,000/- each. The company states no material impact beyond the settlement amount.
Business Update
Neutral
2026-03-18 16:38
Share India Securities Limited will attend the '11th Annual Valorem Conference' organized by Valorem Advisors on March 23, 2026, in Mumbai. The company confirmed no unpublished price sensitive information will be shared during the group meeting/conference.
Governance
Positive
2026-03-14 17:27
NCLT convened meetings of Equity Shareholders, NCD Holders, Secured Creditors, and Unsecured Creditors were held on March 13, 2026. The proposed Scheme of Amalgamation of Silverleaf Capital Services Private Limited with Share India Securities Limited was approved with requisite majority by all stakeholders.
Governance
Neutral
2026-03-13 21:54
Share India Securities Limited held meetings on March 13, 2026, for Equity Shareholders, NCD Holders, Secured, and Unsecured Creditors, as directed by NCLT. The purpose was to approve the Scheme of Amalgamation of Silverleaf Capital Services Private Limited with Share India Securities Limited.
Business Update
Positive
2026-03-11 10:46
Share India Securities Limited announced the partial redemption of Non-Convertible Debentures (NCDs) completed on March 10, 2026. Face value for ISIN INE932X07023 reduced from Rs. 75,000 to Rs. 62,500, and for INE932X07031, from Rs. 1,00,000 to Rs. 87,500.
Governance
Positive
2026-03-06 11:50
Share India Securities Limited announced the appointment of Mr. Arun Kumar Jain as an Additional Director designated as a Non-Executive Independent Director. Effective March 05, 2026, for a five-year term, Mr. Jain is a distinguished professional with extensive experience, including as former Chairman of CBDT, expected to strengthen the company's governance framework.
Governance
Negative
2026-03-03 15:24
CRITICAL RED FLAG DETECTED
Share India Securities Limited received a monetary penalty of Rs. 1,03,752/- from Multi Commodity Exchange of India Limited (MCX) on March 02, 2026. The penalty was levied due to a higher Order-to-Trade Ratio arising from technical and market-related factors. The company states there is no material impact on its financials or operations.
Governance
Positive
2026-02-27 15:22
Share India Securities Limited announced the re-appointment of Mr. Piyush Mahesh Khandelwal as a Non-Executive Independent Director for a second term of five years, commencing March 03, 2026, subject to shareholder approval.
Business Update
Positive
2026-02-25 17:51
Share India Securities Limited has been activated as a Depository Participant of National Securities Depository Limited (NSDL) effective February 24, 2026. This allows the company to provide NSDL depository participant services and expand its range of financial service offerings.
Business Update
Positive
2026-02-23 16:18
Share India Securities approved an additional investment of ₹5.99 crore in its subsidiary, Share India Cred Capital Private Limited (SICCPL), via a rights issue. This aims to strengthen SICCPL's capital base, support its operations, and enhance overall group value.