Share India Securities Limited has informed the Exchange about Action(s) taken or orders passed

SEBI penaltyConsent order acceptedRegulatory & Legal View source PDF Explain this filing

SHAREINDIA · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+1.9%Reaction day

₹122.81

prior close

₹124.65

announcement price

After-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)+0.9%+1.1% vs market

Stockbroking & Allied peers, median of 37sector+0.0%+1.9% vs sector

On the reaction day the stock moved 1.1 pts more than Nifty Microcap 250 and 1.9 pts more than its Stockbroking & Allied peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.5

10m

+2.1

15m

+2.1

30m

+1.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.9+0.9+1.1+0.0+1.9

Next day

-4.6-3.8-0.8-4.2-0.4

+0.8-1.0+1.8-2.1+2.9

+0.7+1.3-0.6-1.5+2.2

-0.9-1.5+0.6-6.8+6.0

-5.7-4.4-1.4-10.2+4.4

+5.0+0.7+4.3-1.4+6.5

15d

+20.4+12.6+7.8+13.3+7.1

+17.6+13.3+4.3+15.3+2.4

+19.0+16.4+2.6+11.0+8.0

+14.0+28.1-14.1+18.1-4.1

UpDownMarket · Nifty Microcap 250Sector · Stockbroking & Allied peers, median of 37Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

SEBI has passed a Settlement Order (dated March 17, 2026) under its 'Settlement Scheme for Association with Certain Algo Platforms, 2025', covering 111 stock brokers including Share India Securities Limited. The order requires the company to pay a settlement amount of ₹1,00,000 (₹1 lakh) for its alleged association with certain algo platforms, which SEBI viewed as being in violation of its circulars and the SEBI (Stock Brokers) Regulations, 1992. The company has not yet received formal communication from SEBI and learned of the order from SEBI's website. The company has stated there is no material impact on its financials, operations, or business activities beyond the settlement amount, and has committed to maintaining high compliance standards.

Likely market impact

The financial impact is minimal at just ₹1 lakh, and the company itself confirms no material effect on operations. This is a routine industry-wide compliance matter affecting 110 other brokers as well, so the stock is unlikely to see significant negative reaction.