Share India Securities Limited

NSE: SHAREINDIA

total announcements

SHAREINDIA.NS · 15 min delayed

NSEAction(s) taken or orders passed▼ NegativeRegulatory23 Jun 2026

Action(s) taken or orders passed

Share India Securities Limited has disclosed that the National Stock Exchange of India Limited (NSE) has levied a monetary penalty of ₹5,09,000/- (excluding GST) on the Company. This penalty was imposed in the normal course of its stock broking operations, as per directives from the Member and Core Settlement Guarantee Fund Committee (MCSGFC). The company asserts that this penalty will not have any material impact on its financials, operations, or other business activities, and it is committed to upholding high compliance standards and addressing the issue.

Disclosure under SEBI Takeover Regulations

Share India Securities Limited's promoter, Rajesh Gupta, has filed a disclosure under SEBI Takeover Regulations 31(4). The filing confirms that the Promoters and Promoter Group have not created any new encumbrances (pledges) on their shares during the financial year ended March 31, 2026, beyond those already disclosed. This announcement reassures investors about the stability of promoter shareholding and financial health, avoiding potential concerns related to promoter liquidity.

Appointment

Share India Securities Limited announced the appointment of Mr. Sarthak Bhalla as the Compliance Officer and a Senior Management Personnel, effective June 22, 2026. Mr. Bhalla is a qualified Company Secretary with over five years of experience in corporate laws, securities laws, and regulatory compliances, including successful fund-raising initiatives and managing unpublished price sensitive information. This appointment ensures compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015.