Share India Securities Limited has informed the Exchange that the Finance Committee at its meeting held today, December 10, 2025, has updated the total number of securities and tenure of Non-Convertible Debentures proposed to be issued by the Company
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Share India Securities Limited's Finance Committee met on December 10, 2025, and revised the total number of securities and the tenure for the Non-Convertible Debentures (NCDs) the company plans to issue. The exact revised size and tenure have not been disclosed in this update. NCDs are debt instruments that pay fixed interest and are repaid at maturity, so this is a borrowing plan, not an equity raise. No coupon rate or yield was mentioned in the filing. Further details would likely come in a separate detailed disclosure.
Shareholders should wait for the follow-up filing with the actual number of NCDs, tenure, and interest rate to gauge the cost and impact on the company. A larger NCD issue means more debt on the books, which could affect interest expenses and earnings in the future.