Key Quantitative Figures
- Series A NCDs (ISIN INE932X07023): 5,000 NCDs with face value of ₹37,500 each, aggregating to ₹18,75,00,000
- Series B NCDs (ISIN INE932X07015): 4,990 NCDs with face value of ₹1,00,000 each, aggregating to ₹49,90,00,000
- Total Redemption Amount: ₹68,65,00,000
Dates of Action
- Meeting of NCD Holders: September 1, 2026 (where approval for early redemption was obtained)
- Last Trading Date: September 11, 2026
- Record Date: September 15, 2026
- Early Redemption Date: September 30, 2026
- Original Maturity Date: June 10, 2027
- TDS Documentation Deadline: September 23, 2026
Parties Involved
- Issuer: Share India Securities Limited
- Debenture Trustee: Axis Trustee Services Private Limited
- Registrar & Transfer Agent: Bigshare Services Private Limited
- Stock Exchanges: BSE Limited, National Stock Exchange of India Limited
- Depositories: CDSL and NSDL
Document References
- Debenture Trust Deed dated June 20, 2025
- Key Information Document dated June 13, 2025 (Reference no. KID/01/2025-2026)
Payment and Procedural Details
NCD holders of record as of September 15, 2026 will receive:
- Full redemption amount at face value
- Accrued interest up to September 30, 2026
- Any other amounts payable under Issue Documents
Payment will be made through electronic means to bank accounts registered with Depository Participants. NCD holders must ensure their bank details are updated with their Depository Participant.
Tax Implications
Interest payments are subject to Tax Deduction at Source (TDS) under Income Tax Act, 2025. NCD holders seeking exemption or lower TDS rates must submit Form 12 along with PAN card copy to secretarial@shareindia.com by September 23, 2026.
Post-Redemption Status
Upon full payment, the NCDs will be extinguished and cancelled in depository records. All rights attached to the NCDs will cease, except for any surviving rights under Issue Documents or applicable law.