Share India Securities Acquires 100% Stake in Enshrine Leasing for ₹39.71 Crore
Share India Securities Limited has acquired 100% equity share capital of Enshrine Leasing and Infotech Private Limited for ₹39.71 crore. Enshrine is now a Wholly Owned Subsidiary of Share India Securities, effective September 17, 2026. The acquisition was completed today.
The acquisition of a subsidiary can lead to strategic growth and integration benefits, impacting the company's overall market position and future earnings potential.
The company successfully completed the acquisition of a wholly owned subsidiary, which is a positive development for business expansion and growth.
Share India Securities Limited has successfully completed the acquisition of 100% equity share capital of Enshrine Leasing and Infotech Private Limited. The company acquired 1,25,463 equity shares of ₹1 each, representing the entire equity share capital of Enshrine, for an aggregate consideration of ₹39,71,50,856 (Rupees Thirty Nine Crore Seventy One Lakh Fifty Thousand Eight Hundred Fifty Six Only).
Consequent to this acquisition, Enshrine Leasing and Infotech Private Limited has become a Wholly Owned Subsidiary of Share India Securities Limited, effective September 17, 2026. This development follows the Board of Directors' earlier approval of the acquisition on July 24, 2026. The acquisition was finalized today, September 17, 2026, at approximately 01:00 p.m.
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Share India Securities Limited filed this with the NSE as a statutory disclosure, categorised under acquisition. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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