Share India Securities Limited has informed the Exchange that the Finance Committee of the Company has approved the modification/amendment in the terms of the existing secured, rated, listed, transferable, taxable, redeemable, Non-Convertible Debentures (NCD) bearing ISIN: INE932X07023 (NCD under Series A) and INE932X07015 (NCD under Series B).
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The Finance Committee of Share India Securities Limited has approved modifications/amendments to the terms of its existing secured, rated, listed, redeemable Non-Convertible Debentures (NCDs). The changes apply to two NCD series identified by ISINs INE932X07023 (Series A) and INE932X07015 (Series B). The specific details of the modifications have not been disclosed in this filing. Debenture holders and investors would need to refer to the company’s detailed intimation or debenture trustee communication for the exact changes in coupon, tenure, security, or other terms.
Changes in NCD terms can affect coupon payouts, maturity timelines, or security structure for existing debenture holders. Shareholders should monitor further disclosures to understand whether the amendments are favourable (e.g., tenor extension with revised pricing) or indicate stress. Short-term stock impact is likely muted unless the modification signals financial difficulty.