Share India Board to Discuss Q2 Earnings, FCCB Fundraising, and Interim Dividend

Share India Board to Discuss Q2 Earnings, FCCB Fundraising, and Interim Dividend

Share India to review Q2 results and consider interim dividend on Oct 30, with record date set for Nov 6 after a 1000% five-year rally.
Published on

Share India Securities stated that the board would meet on October 30, 2025, to discuss second-quarter financial performance, fundraising by foreign currency convertible bonds (FCCBs), and declaring a second interim dividend. The record date when the company will determine the shareholder eligibility for the dividend is November 6, 2025.

This disclosure is in accordance with the compliance of the company under SEBI (Listing Obligations and Disclosure Requirements), 2015. The investors are likely to follow up closely on the outcome, since any decision on dividend payment or fundraising will likely affect the stock performance of the company in the short term. 

Share India has continued to record consistent momentum over the past several months, which is due to the increase in trading volumes and interest among investors in its capital market services.

New Fundraising via Non-Convertible Debentures (NCDs)

At the beginning of this month, the finance committee of Share India approved the issue of non-convertible debentures (NCDs) in the amount of ₹50 crore by a process of private issue. All NCDs have a face value of 100,000, a coupon of 10.50% annually, and a maturity of 712 days from allotment date. The company declared that interest payments will be made monthly, whereas the principal repayment will be made quarterly in the same amount of 12.5%.

The NCDs will be listed on the BSE Wholesale Debt Market (WDM) segment to increase the liquidity and access for the investors. A 1.5x cover will be ensured with hypothecation of Margin Trading Facility (MTF) receivables, trade securities, and other assets. Another way of providing credit will be through the personal guarantee offered by the promoters. There will be an extra 2% coupon in case of default, until all dues are cleared.

Strong Stock Performance Over Five Years

The stock of Share India rose 2.73% on Monday to continue with its positive weekly performance that had increased its stock by 47.43% in the past seven days. The stock has increased 16.19% in the last three months, though it has decreased by 35.58% compared to the previous year. 

It has provided a more than 1000% gain in a period of five years, which is a commendable performance considering the performance of multibaggers in the Indian financial services industry. Investors are now waiting until the board officially communicates on October 30, which will give them a clear picture of Q2 results, dividend decisions, and capital-raising strategies.

ICO Desk | Crypto News
icodesk.io