SHAREINDIANSEShare India Securities LimitedHighNeutral
Announced Fri, 13 Mar · 21:53 IST

Share India Securities Limited has informed the Exchange regarding Proceedings of Court Convened General Meeting of Equity Shareholders, Non-Convertible Debenture Holders, Secured Creditors and Unsecured Creditors of the Company held today, i.e. on Friday, March 13, 2026.

Nclt Scheme FiledListed Co AcquisitionStrategic Transactions View source PDF

SHAREINDIA · price

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

Price reaction · full curve 14 horizons · vs prior close
-5.6%1-day move
₹131.20
prior close
₹129.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.0-0.9-0.9-0.1-5.6-1.5-6.4-4.6-10.7-5.7+7.5+12.7+6.2+4.8
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AI summary

Share India Securities Limited held four NCLT-convened meetings on March 13, 2026, to seek approval for the proposed Scheme of Amalgamation of Silverleaf Capital Services Private Limited with the company. The meetings, directed by the NCLT Ahmedabad Bench-I, were conducted via video conferencing for equity shareholders, NCD holders, secured creditors, and unsecured creditors. Remote e-voting was open from March 9 to March 12, 2026, with on-meeting e-voting also made available. The meetings were presided over by an NCLT-appointed chairperson, with an independent scrutinizer overseeing the process, and no queries were raised by participants in any of the four meetings. Voting results are yet to be declared and will be shared with the stock exchanges, the company, and CDSL once finalized.

Likely market impact

This is a procedural step in the NCLT-driven amalgamation process. Approval at these meetings is a key milestone, but the scheme still requires final NCLT sanction and other regulatory clearances before becoming effective, so near-term stock impact is likely limited until voting results and the next steps are disclosed.