Please be informed that the Finance Committee of the Board of Directors of the Company at its meeting held today i.e., July 08, 2025, approved an additional investment in Metropolitan Stock Exchange of India Limited.
SHAREINDIA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Share India Securities Limited's Finance Committee, at its meeting on July 8, 2025, approved an additional investment of Rs. 30 crores in Metropolitan Stock Exchange of India Limited (MSE). The company will acquire 15 crore equity shares at Rs. 2 per share, constituting 1.36% of MSE's post-issue capital, by way of cash consideration. The deal is subject to a share subscription and shareholders' agreement and is expected to be completed within 60 working days. MSE is a SEBI-recognised stock exchange offering trading in capital market, F&O, currency derivatives, and debt segments, with a net worth of Rs. 396.72 crores and FY25 turnover of Rs. 4.31 crores. The transaction is not a related party deal and is aimed at strengthening Share India's presence in the financial services ecosystem.
This is a strategic, minority investment (1.36%) in another stock exchange, signalling Share India's intent to deepen its footprint in India's financial market infrastructure. While the Rs. 30 crore outlay is modest, investors should note that MSE's turnover has been declining over the last three years (Rs. 9.21 cr in FY23 to Rs. 4.31 cr in FY25), so the financial returns may take time. Near-term impact on Share India's stock is likely to be neutral as the investment is small relative to its operations.