Share India Securities Limited has submitted a regulatory disclosure to BSE Limited and National Stock Exchange of India Limited pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The disclosure announces that a meeting of the Board of Directors is scheduled to be held on Friday, September 18, 2026. The primary agenda of this meeting is to consider and approve a proposal for raising funds through the issuance of equity shares, warrants, and/or other securities convertible into equity shares.
The fundraising may be conducted in one or more tranches through permissible modes, including but not limited to private placement or preferential issue. The Board may also consider any other method or combination of methods for the fundraising. The specific terms and conditions of the issuance will be determined by the Board as deemed appropriate.
The proposed fundraising is subject to compliance with applicable provisions of the Companies Act, 2013 and SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, along with any other applicable laws. The proposal requires approval from the Members of the Company (shareholders) and such other regulatory and statutory approvals as may be necessary.