Share India Securities Approves Issuance of NCDs Worth ₹75 Crore
Share India Securities approved issuing up to 75,000 NCDs, including a green shoe option, totaling ₹75 crore on a private placement basis. The NCDs carry a 10.50% annual interest rate, payable monthly, with principal due at maturity. The issuance is part of a larger ₹200 crore fundraising plan.
The issuance of NCDs will strengthen the company's capital base and support its growth initiatives, but it is a debt instrument and not equity dilution.
The company is successfully raising capital through debt issuance, which is a positive sign of financial health and growth potential.
Share India Securities Limited has approved the issuance of up to 75,000 Listed, Rated, Secured, Taxable, Transferable, Redeemable, Non-Convertible Debentures (NCDs) with a face value of ₹10,000 each, on a private placement basis. This issuance includes a green shoe option of up to 25,000 NCDs, aggregating to ₹75 crore. The Finance Committee of the Board of Directors approved this issuance at its meeting held on August 12, 2026. The NCDs will be listed on the wholesale debt market segment of BSE Limited. The tenure of the instrument is up to 18 months and 18 days from the Deemed Date of Allotment. The coupon/interest offered is 10.50% per annum, with monthly interest payments and a lump sum principal payment at maturity. The company had previously intimated its proposal to raise funds up to ₹200 crore by way of debt securities on July 24, 2026. The Finance Committee meeting commenced at 03:45 p.m. and concluded at 04:25 p.m. on August 12, 2026.
What to do with a filing like this
Share India Securities Limited filed this with the NSE as a statutory disclosure, categorised under debt fundraising. 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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See the model portfoliosA plain-language summary of a public exchange filing by Share India Securities Limited. Read the original for the full detail.