Share India Securities Revises NCD Structure to INR 50 Crore Amid Stock Weakness

Share India Securities Limited has altered its planned Non-Convertible Debenture structure while keeping the overall fundraising target of Rs 50 crore unchanged, as the company continues to manage capital needs against a weak share price and mixed technical indicators tracked by market data platforms.

At a Finance Committee meeting held on December 10, 2025, Share India Securities Limited approved a revised NCD issue of up to 5,000 secured, rated, listed, taxable debentures of Rs 1,00,000 each, along with a green shoe option of up to 2,500 NCDs, maintaining the aggregate size at Rs 50 crore.

The new structure keeps the tenure of the Non-Convertible Debentures at up to 24 months from the date of allotment, with the company stating that all other terms and conditions stay the same as those disclosed in earlier filings on July 30 and October 14, 2025, regarding the proposed NCD programme.

An additional procedural detail from the December 10, 2025 Finance Committee meeting shows that deliberations lasted around 35 minutes, signalling a swift confirmation of the revised NCD framework while the management continues its broader capital-raising exercise without changing the total intended borrowing amount.

The equity performance of Share India Securities Limited has weakened over the past year, as the share price dropped by about 18% during the last six months and by more than 48% over the previous twelve months, according to market levels observed up to December 11, 2025.

As of December 11, 2025, the share price of India Securities was Rs. 157. At the same time, the stock trades well below its 52-week high of Rs 325.00, recorded on December 26, 2024, yet remains above the 52-week low of Rs 127.70 hit on September 30, 2025.

The present trading band suggests a long corrective phase for Share India Securities Limited, with some recovery from the 52-week low of Rs 127.70, which represents roughly a 22% rebound, but still showing a decline of more than 52% from the peak level of Rs 325.00 reached in December 2024.

Parameter	Value	Date
Current market price	Rs 156.35	Recent trading session
Price on December 11, 2025	Rs 157	December 11, 2025
52-week high	Rs 325.00	December 26, 2024
52-week low	Rs 127.70	September 30, 2025

Share India Securities NCDs and technical outlook

Trendlyne data indicates that the technical setup for Share India Securities Limited is tilted towards a mixed to negative bias, with price action and momentum readings showing pressure, as the stock trades below its 200-day moving average, a level many traders use to gauge the broader directional trend.

According to the latest Trendlyne technical picture, the relative strength index and money flow index readings are in a mid-range zone, suggesting that Share India Securities Limited is neither heavily overbought nor deeply oversold, while several moving averages and other momentum oscillators reflect sell or neutral conditions.

TipRanks observations also point to weakness through the sharp fall from the 52-week high, and in.investing.com notes that the prevailing technical tone appears bearish to neutral overall, even though short-term tools such as MACD and stochastic indicators occasionally show brief positive signals for traders watching supports and resistances.

Share India Securities NCDs and business profile

Share India Securities Ltd. (SISL), established in 1994, operates as an Indian financial services group with a strong technology focus, offering algo-trading solutions, wealth management, investment research, insurance distribution, and broking services across equity, derivatives, currency, and commodities, alongside activities through its NBFC, or Non-Banking Financial Company, segment.

The updated NCD structure, steady issue size of Rs 50 crore, and the relatively short tenure of up to 24 months underline Share India Securities Limited’s current funding approach, which runs alongside a share price that remains under its longer-term averages and well below the 52-week high, while technical and price trends continue to suggest cautious sentiment among market participants.