Pusuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, please find attached herewith the outcome of Board Meeting pertaining to redemption of Non-Convertible Debentures.
SHAREINDIA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Share India Securities Ltd board approved audited financial results for Q4 and FY ended March 2026, recommending a final dividend of Rs. 0.50 per share (face value Rs. 2). The board also approved early redemption of 9,990 Non-Convertible Debentures comprising 5,000 NCDs under Series A and 4,990 under Series B, originally issued in June 2025 via private placement. The meeting lasted about an hour and was held on May 19, 2026.
Early redemption of NCDs reduces the company's debt obligations and interest burden, indicating sufficient liquidity and financial strength. This is a positive signal for shareholders as it strengthens the balance sheet.