Outcome of Board Meeting

(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 November 06, 2026 To, To, BSE Limited National Stock Exchange of India Limited Scrip Code: 540725 / 977430 / 977955/ 978025 / 978077 Symbol: SHAREINDIA Sub: Intimation under Regulations 30, 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015– Approval of Scheme of Amalgamation of Ace Alpha Tech Limited with Share India Securities Limited and their respective shareholders and creditors. Sir/Ma’am, In continuation to our earlier disclosure dated October 30, 2026, and pursuant to Regulations 30, 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’) read with Para A of Part A and Part B to Schedule III of the SEBI Listing Regulations, we wish to inform you that the Board of Directors of Share India Securities Limited (‘Company’), at its meeting held today, i.e., on November 06, 2026, has approved the Scheme of Amalgamation of Ace Alpha Tech Limited a listed company, with the Company and and their respective shareholders and creditors, under Sections 230 to 232 and any other applicable provisions, if any, of the Companies Act, 2013 read with Companies (Compromises, Arrangements and Amalgamations) Rules, 2016, the National Company Law Tribunal Rules, 2016, and the provisions of other laws, as may be applicable. The Scheme of Amalgamation shall be subject to necessary statutory and regulatory approvals including the approval of the Stock Exchanges, Securities and Exchange Board of India, the National Company Law Tribunal, the Registrar, the Official Liquidator (as may be applicable) and/or such other competent authorities, as may be required under applicable law. 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, in respect of aforesaid Scheme of Amalgamation have been annexed herewith as Annexure. We will file necessary application under Regulation 37 of the Listing Regulation in due course. The meeting of Board of Directors commenced at 04:34 p.m. and concluded at 04:53 p.m. 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 (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 Annexure Disclosure in terms of Regulation 30 of Listing Regulations read with SEBI Circular No. HO/49/14/14(7)2025- CFD-POD2/I/3762/2026 dated January 30, 2026 Particulars Details of Acquisition There is a proposal for Amalgamation of Ace Alpha Tech Limited (‘Transferor Company’) with Share India Securities Limited (‘Transferee Company’) and their respective shareholders and creditors. The transaction is proposed to be implemented through a Scheme of Amalgamation under the provisions of the Companies Act, 2013 and other applicable laws, if any (herein collectively referred to as “the Proposed Scheme of Amalgamation”/ “the Proposed Scheme”). Details in brief of Transferor Company & Transferee Company are as below: Transferor Company: (Amount Rs. in Lacs) Particulars As per Un-audited Financial As per Restated Financial Statements for the period ended Statements for the September 30, 2026 financial year ended March 31, 2026 Paid up Share Capital 1,755.82 1,755.82 Reserve & Surplus 6,394.17 5,179.53 (Excluding OCI) Net-worth 8,149.99 6,935.35 Total Income 2,072.58 2,706.11 Name of the entity(ies) Profit after Tax 1,214.64 1,540.88 forming part of amalgamation/merger, Transferee Company: details in brief such as (Amount Rs. in Lacs) size, turnover etc. Consolidated Standalone Particulars As per Un- As per As per Un- As per Audited audited Audited audited Financial Financial Financial Financial Statements for Results for the Statements for Results for the year ended period ended on the year ended the period on 31.03.2026. 30.09.2026. on 31.03.2026. ended on 30.09.2026. Paid up Share 4376.51 4376.51 4376.51 4376.51 Capital Other Equity 2,86,198.38 2,59,117.29 2,39,971.70 2,19,029.68 Net-worth 2,78,890.04 2,57,764.33 2,33,803.93 2,18,726.06 Total Income 84,994.94 1,48,884.97 66,920.87 1,24,679.52 Profit after Tax 23,488.35 32,444.16 17,383.21 29,769.04 (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 Whether the acquisition would fall within related party transaction(s) and The proposed Scheme of Amalgamation does not constitute a Related Party Transaction, as whether the promoter/ Ace Alpha Tech Limited is not a related party of the Company as on the date of entering promoter group/ group into the proposed transaction. companies have any interest in the entity However, certain members from the Promoter and Promoter Group of the Company hold being acquired? If yes, equity shares in the Transferor Company. Apart from such shareholding, the Promoter and nature of interest and Promoter Group do not have any interest in the Transferor Company. details thereof and whether the same is done at “arm’s length”; Ace Alpha Tech Limited (the “Transferor Company”) is primarily engaged in developing, customising and providing technology-driven solutions for financial markets, particularly automated trading systems and trading solutions for institutional investors, high-net-worth individuals (HNIs) and retail traders. Its activities include the development of customised trading software incorporating advanced algorithms, which interfaces with existing order management systems (OMS) and risk management systems (RMS), together with other technology-related services and trading, dealing and investment in securities and other financial instruments on its own account. Area of Business of entity(ies); Share India Securities Limited (the “Transferee Company”) is a technology-driven financial services company with a principal focus on capital markets and securities trading. Its business activities include share and stock broking, commodity derivatives broking, equity and currency derivatives broking, proprietary trading in securities and other financial instruments, depository participant services, portfolio management, research and analysis, distribution of mutual funds and other investment products, and other allied financial services. The Transferee Company is also engaged in technology-driven financial solutions, including automated and algorithmic trading systems, trading platforms and related technology services. The circumstances which justify and/or necessitate the proposed Scheme of Amalgamation of Ace Alpha Tech Limited with and into Share India Securities Limited, and the benefits of the proposed Amalgamation to the respective Companies, their shareholders and other stakeholders, as perceived by the Boards of Directors of the Transferor Company and the Transferee Company, are set out below. i. Integration of complementary business activities: The Transferor Company is engaged in developing, customising and providing technology-driven solutions for financial markets, particularly automated trading systems and trading solutions for Rationale for institutional investors, high-net-worth individuals (HNIs) and retail traders. The Amalgamation / Transferee Company is engaged in a broad range of capital markets and financial merger services activities, including securities broking, derivatives broking, proprietary trading, depository participant services, portfolio management, res [Showing first 8,000 characters — download PDF for full document]