Share India Securities Limited has informed the Exchange that the Finance Committee, at its meeting held today, i.e., October 14, 2025, has approved the issuance of up to 5,000 secured, rated, listed, taxable, transferable, redeemable, fully paid-up Non-Convertible Debentures (NCDs) of face value INR 1,00,000/- aggregating to INR 50,00,00,000/- on a private placement basis.
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Share India Securities Limited's Finance Committee, at its meeting on October 14, 2025, approved the issuance of up to 5,000 secured, rated, listed, taxable, transferable, redeemable, fully paid-up Non-Convertible Debentures (NCDs). Each NCD carries a face value of INR 1,00,000, aggregating to a total of INR 50 crores. The NCDs will be issued on a private placement basis. This is a debt instrument, not an equity dilution event, and the proceeds will likely be used for business operations or growth.
The company is raising INR 50 crores via debt, which will add to its borrowing obligations but does not dilute shareholder equity. Investors should monitor the interest rate (coupon) and credit rating of these NCDs to assess risk versus return.