Share India Securities approves issuance of NCDs up to ₹75 crore
The Finance Committee of Share India Securities Limited, meeting on 12 August 2026, approved the launch of NCDs up to ₹75 crore with an embedded green shoe option of ₹25 crore, effectively enabling a maximum of ₹100 crore of debt capital if the option is fully exercised. The announcement was made via a Regulation 30 disclosure to the NSE, the standard notification channel for material corporate actions by listed entities. NCD issuance by brokerages is commonly used to shore up tier-2 capital, improve leverage ratios, and fund business expansion or technology investment. The structure and pricing of the instruments remain subject to regulatory approval and market conditions.
Why it mattersListed debt issuance by a mid-market brokerage house signals capital raising in the financial services sector; counsel should confirm the green shoe mechanics (whether exercisable by the issuer or underwriter) and any listed issuer covenants under the SEBI LODR regime.
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Sources
- NSE Archives – Regulation 30 Filing · official
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