Share India Securities Board Meeting Scheduled for October 30, 2025, to Discuss Financial Results and Fundraising Plans

Share India Securities, a small-cap stockbroking firm, has scheduled a Board of Directors meeting on Thursday, October 30, 2025. The agenda includes discussing and approving the financial results for the quarter and a half ending September 30, 2025. Additionally, they will consider raising funds through foreign currency convertible bonds and declaring a second interim dividend for the fiscal year 2025-2026.

In a recent filing dated October 10, 2025, Share India Securities announced that CARE Ratings Limited reaffirmed its credit rating for the company's proposed Non-Convertible Debentures (NCDs) worth Rs 100 crore. The reaffirmed rating of CARE A+; Stable reflects the company's solid financial profile and steady outlook, indicating ongoing investor trust in its creditworthiness and operational resilience.

The company has also set Thursday, November 06, 2025, as the Record Date to determine shareholder eligibility for the second interim dividend payment for the financial year 2025-26. This is contingent on the Board's approval at the upcoming meeting. Share India Securities disclosed this information in a stock exchange filing.

Earlier in October, Share India's Finance Committee approved issuing up to 5,000 secured, rated, listed, taxable, transferable, and redeemable NCDs. Each debenture has a face value of Rs 1,00,000, totalling Rs 50 crore. These will be offered on a private placement basis as per an October 14, 2025 filing. The NCDs will be listed on BSE Limited's Wholesale Debt Market (WDM) segment.

The NCDs have a term of 712 days from the deemed date of allotment with an annual coupon rate of 10.50%, payable monthly. Redemption will occur through quarterly installments of 12.5% of the NCDs' face value. A first-ranking pari passu charge through hypothecation on MTF loan receivables and other current assets with a minimum cover of 1.5x will back this issuance.

This move follows the board's prior approval to raise up to Rs 300 crore using debt instruments. The issuance is further supported by a personal guarantee from the promoters. Share India Securities Limited (SISL) provides various capital market services including commodities trading, derivatives, equity broking, investment consulting, and portfolio management.

The company's strategic initiatives demonstrate its commitment to enhancing financial stability and shareholder value. By leveraging debt instruments and maintaining robust credit ratings, Share India aims to strengthen its market position while ensuring operational resilience.