Share India Securities Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 19/05/2026 ,inter alia, to consider and approve In continuation of our ....
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Share India Securities Ltd has informed exchanges that its Board meeting scheduled for May 19, 2026 will consider early redemption of 9,990 Secured, Listed, Rated, Taxable, Transferable, Redeemable, Fully Paid-up Non-Convertible Debentures (NCDs). These comprise 5,000 debentures under Series A and 4,990 under Series B, originally issued via private placement on June 23, 2025. The redemption is subject to receipt of necessary approvals and will be executed on a date as may be determined by the company. This is a further intimation following an earlier notice sent on May 12, 2026.
Early redemption of NCDs reduces the company's debt obligations and signals strong liquidity. It is a positive signal for debenture holders expecting timely repayment, though it could marginally reduce interest income for investors holding the securities.