Share India Securities To Reward 2nd Interim Dividend For FY26, Record Date Out; Details Here

The small-cap stockbroking firm Share India Securities has announced that the company's Board of Directors will meet on Thursday, October 30, 2025, to discuss and approve the company's financial results for the quarter and a half that ended on September 30, 2025, consider raising funds through the issuance of foreign currency convertible bonds, and consider and declare the company's second interim dividend to shareholders for the fiscal year 2025-2026.

"Further, pursuant to Regulation 42 of the aforesaid Regulations, it is hereby informed that Thursday, November 06, 2025 would be the Record Date for the purpose of ascertaining eligibility of shareholders for payment of 2nd interim dividend for the financial year 2025-26, if declared by Board of Directors at its scheduled meeting," said Share India Securities in a stock exchange filing.

CARE Ratings Limited has reaffirmed its credit rating for the company's proposed Non-Convertible Debentures (NCDs) of Rs 100 crore, Share India Securities Limited recently told the stock market on October 10, 2025. The company's solid financial profile and steady outlook, which represent ongoing investor trust in Share India's creditworthiness and operational resilience, are reflected in the reaffirmed rating of CARE A+; Stable.

Earlier in the month, the Finance Committee of Share India Securities Limited authorized the issuance of up to 5,000 secured, rated, listed, taxable, transferable, and redeemable Non-Convertible Debentures (NCDs) of face value Rs 1,00,000 each, totaling Rs 50 crore, on a private placement basis, the company said in a filing dated October 14, 2025. The NCDs will be listed on BSE Limited's Wholesale Debt Market (WDM) segment and have a 712-day term from the deemed date of allotment. They will have a coupon rate of 10.50% annually, payable monthly.

In addition to a personal guarantee from the promoters, the issuance will be backed by a first-ranking pari passu charge through hypothecation on MTF loan receivables, securities for trade, and other current assets with a minimum cover of 1.5x. Quarterly installments of 12.5% of the NCDs' face value will be used for redemption. This action comes after the board previously approved the company's use of debt instruments to raise up to Rs 300 crore.

The Indian financial company Share India Securities Limited (SISL) offers a variety of capital market services, such as commodities trading, derivatives, and equity broking, in addition to investment consulting and portfolio management.