NSEAcquisition22h ago · 15 Sept 2026, 05:47 pm
Acquisition
Share India Securities Limited · SHAREINDIA
✦ AI SummaryDivestiture
Share India Securities Limited has informed about the dilution of its shareholding in its subsidiary, Silverleaf Securities Research Private Limited, due to non-participation in a Rights Issue.
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Full Announcement
Pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, please find enclosed herewith the intimation regarding the dilution of the Company s shareholding in Silverleaf Securities Research Private Limited, a subsidiary of the Company, pursuant to non-participation in the Rights Issue.
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SISL_15092026174654_Reg30_silverleaf150926.pdf
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(CIN: L67120GJ1994PLC115132)
Member: NSE, BSE, MCX, NCDEX & MSEI
Depository Participant with CDSL & NSDL
AMFI Registered Mutual Fund Distributor
SEBI Registered Research Analyst & Portfolio
ManMA aY g20 IN2 e5 D-M rIAA Y 2026
September 15, 2026
To, To,
BSE Limited National Stock Exchange of India Limited
Scrip Code: 540725 / 976824 / 976825 / 977430 Symbol: SHAREINDIA
/ 977955/ 978025 / 978077
Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 – Dilution of shareholding in Subsidiary Company pursuant to non-
participation in Rights Issue.
Sir/Ma’am,
Pursuant to Regulation 30 read with Para A of Part A of Schedule III of the Securities and Exchange Board
of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing regulations”), we
hereby inform you that Silverleaf Securities Research Private Limited (“Silverleaf”), a subsidiary of the
Company, has undertaken a Rights Issue of equity shares.
The Company, being an existing shareholder of Silverleaf, has not subscribed to the aforesaid Rights Issue.
The Rights Issue was undertaken by Silverleaf to meet its capital and business requirements. The Company
did not participate in the issue as part of its overall capital allocation and investment strategy, resulting in a
consequential dilution in its shareholding. Accordingly, upon allotment of equity shares pursuant to the
Rights Issue, the Company's shareholding in Silverleaf has diluted from 73.09% to 64.81% of the paid-up
share capital of Silverleaf.
The aforesaid dilution has occurred solely on account of the Company's non-participation in the Rights Issue
and does not involve any sale, transfer or disposal of shares by the Company. There is no change in control
of Silverleaf pursuant to the Rights Issue, and Silverleaf continues to remain a subsidiary of the Company.
The allotment pursuant to the Rights Issue was made today, on September 15, 2026, pursuant to which the
aforesaid dilution in shareholding occurred. The intimation regarding the allotment and the post-Rights Issue
shareholding was received by the Company from Silverleaf today on September 15, 2026 at 04: 22 p.m.
The detailed disclosure in terms of Regulation 30 of the Listing Regulations, read with SEBI Master Circular
No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, is enclosed as Annexure.
You are requested to kindly take the above information on your records.
Thanking you,
Yours faithfully,
For Share India Securities Limited
Vikas Aggarwal
Company Secretary & Compliance Officer
M. No. F5512
Annexure
The details required under SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated
January 30, 2026, are as under:
Particulars Description
Name of the target entity, details in Silverleaf Securities Research Private Limited (“Silverleaf”)
brief such as size, turnover etc.; Paid-up Share Capital: Rs. 12,50,00,000 consisting of 1,25,00,000
Equity
Shares with a face value of Rs. 10/- (Rupees Ten) each
Net worth as on March 31, 2026 – Rs. 1,18,46,765.55/-
Turnover (FY 2025-26): During FY 2025–26, Silverleaf continued to
focus on establishing its business operations, with revenue-generating
activities yet to commence during the year.
Whether the acquisition would fall Not Applicable. The Company has not acquired any shares or made any
within related party transaction(s) and investment in Silverleaf pursuant to the Rights Issue. This disclosure
whether the promoter/ promoter group/ pertains to dilution of the Company's shareholding in Silverleaf from
group companies have any interest in 73.09% to 64.81% pursuant to non-participation in the Rights Issue
the entity being acquired? If yes, nature undertaken by Silverleaf.
of interest and details thereof and
whether the same is done at “arm’s
length”;
Industry to which the entity being Financial Services Industry
acquired belongs;
Objects and impact of acquisition Not Applicable, as there is no acquisition by the Company. The dilution
(including but not limited to, has arisen solely due to the Company's non-participation in the Rights
disclosure of reasons for acquisition of Issue of its existing subsidiary.
target entity, if its business is outside
the main line of business of the listed
entity);
Brief details of any governmental or Not Applicable
regulatory approvals required for the
acquisition;
Indicative time period for completion Not Applicable. The allotment pursuant to Rights Issue was made by
of the acquisition; Silverleaf today, on September 15, 2026, pursuant to which the
Company's shareholding was diluted.
Consideration - whether cash Not Applicable. The Company has not subscribed to the Rights Issue
consideration or share swap or any and, accordingly, no consideration has been paid by the Company
other form and details of the same; towards the Rights Issue.
Cost of acquisition and/or the price at Not Applicable, as no additional shares were acquired by the Company
which the shares are acquired; pursuant to the Rights Issue.
Percentage of shareholding / control No additional shares were acquired by the Company. The Company's
acquired and / or number of shares existing shareholding in Silverleaf has been diluted from 73.09% to
acquired; 64.81 % pursuant to the Rights Issue. There is no change in control and
Silverleaf continues to remain a subsidiary of the Company.
Brief background about the entity Brief background & line of Business: Main business activities of
acquired in terms of products/line of Silverleaf include Stock Broking and Proprietary Trading activities.
business acquired, date of
incorporation, history of last 3 years Date of Incorporation: July 03, 2024
turnover, country in which the
acquired entity has presence and any History of last 3 years turnover of Silverleaf is as follows:
other significant information (in brief);
Financial Year Turnover (Rupees in Crores)
FY 2025-26 Nil
FY 2024-25 Nil
FY 2023-24 NA, since Company was incorporated on
July 03, 2024.
Silverleaf has its presence in India.