Share India Securities Limited — Important, 04-06-2025: General Updates

Share India Securities Limited has announced a board meeting on issuing secured, rated, taxable NCDs up to ₹100 Cr via private placement, including a ₹50 Cr Green Shoe option. Two series will be offered: Series A with a 10.70% annual coupon paid monthly and quarterly installment redemption; Series B with a 10.75% annual coupon paid quarterly and bullet repayment at maturity (~24 months). The NCDs will be listed on BSE’s wholesale debt market and secured by a first charge on current assets and receivables.