Share India boosts growth with ₹200 Cr warrants

Latest updates: Share India Securities recently completed early redemption of its non‑convertible debentures (NCDs), approved a ₹200 crore convertible warrant issue, and acquired Enshrine Leasing for ₹39.7 crore. The company also declared a final dividend of ₹0.50 per share for FY26 and appointed Rajesh Arora as an independent director. 📊 Key Recent Developments in Share India Securities 1. Capital & Debt Actions Full redemption of NCDs (Series A & B) completed on 30 September 2026, ahead of maturity, including accrued interest. Partial redemption of NCDs earlier in September reduced face values of Series A and Second Issue NCDs. Convertible warrant issue: Board approved preferential issue of up to ₹200 crore, with ₹120 crore earmarked for a new wealth management subsidiary. 2. Corporate Governance Dividend: Shareholders approved a final dividend of ₹0.50 per equity share for FY26. Director appointments: Rajesh Arora appointed as Independent Director (DIN: 00341999) effective 24 September 2026. Re‑appointments of Parveen Gupta and Sachin Gupta for five‑year terms starting July 2027. 3. Expansion & Acquisitions Acquisition of Enshrine Leasing and Infotech Pvt. Ltd. for ₹39.71 crore (100% equity stake). Effective 17 September 2026, making it a wholly owned subsidiary. New subsidiary incorporation approved by the board to expand into wealth management services. 4. Regulatory & Compliance MWPL violation penalty: Paid ₹1 lakh for breach of market‑wide position limits. Trading window closure: Effective 1 October 2026 until 48 hours after Q2 FY27 results declaration. Credit rating disclosure filed on 29 September 2026 under SEBI LODR regulations. 📌 What This Means for Investors Debt reduction: Early redemption of NCDs strengthens the balance sheet and reduces interest burden. Growth push: Convertible warrants and new subsidiaries indicate aggressive expansion in wealth management.