Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Share India Securities Limited Capital/Financing Update 2021

Nov 3, 2021

62601_rns_2021-11-03_bc69b153-cf19-433f-9504-8e0d0fb9f103.pdf

Capital/Financing Update

Open in viewer

Opens in your device viewer

Share India Securities Limited

(CIN: L67120GJ1994PLC115132) Member : NSE, BSE, MCX, NCDEX & ICEX Depository Participant with 'CDSL' SEBI Registered Research Analyst & Portfolio Manager

November 03, 2021

To, Department of Corporate Services BSE Limited PJ Towers, Dalal Street, Fort, Mumbai-400001

To, The Listing Department National Stock Exchange of India Limited Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra(E), Mumbai-400051

Scrip Code : 540725

SYMBOL : SHAREINDIA

Sub: Disclosure under Regulation 30 of SEBI Listing Regulations, 2015 - Updates on acquisition - Algowire Trading Technologies Private Limited

Dear Sirs,

This has reference to our letter dated September 23, 2021, wherein we had informed that the Board of Directors, at its meeting held on September 23, 2021, had, inter-alia, approved the acquisition of 51 % shareholding in M/s. Algowire Trading Technologies Private Limited.

In this regard, we wish to inform you that the aforementioned acquisition has been completed and our Company has competed acquisition of 51 % shareholding in M/s. Algowire Trading Technologies Private Limited at a total consideration of Rs. 2.142 crores. Post completion of transaction M/s. Algowire Trading Technologies· Private Limited has become subsidiary of Share India Securities Limited, with the shareholding structure of Share India Securities Limited holding 51 % and other shareholder - Mr. Bhavya Arnav holding 49% of the equity share capital of M/s. Algowire Trading Technologies Private Limited.

We request you to take the same on your records.

For Share India Securities Limited

For Share lndjg Securities Limited

"J : .._A, 4-cr q ~ w---/

Companr Seaetary

Vikas Aggarwal Company Secretary & Compliance Officer M.No.: FCS5512