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