SSShare India Securities540725Dividend news update

Board declares 2nd interim dividend of ₹ 0.40 per share, fixes November 05, 2026 as record date

Record date for the 2nd interim dividend: Thursday, November 05, 2026.

By ScoutQuest · Fri 30 Oct 2026, 9:37 PM IST · 2 min read

Dividend per share

₹ 0.40/- per equity share of face value ₹2/- for FY 2026-27

Record date

Thursday, November 05, 2026

Dividend payment date

on or before Friday, November 27, 2026

Dividend and record date

• The Board declared a second interim dividend of ₹ 0.40/- (Forty Paisa only) per equity share of face value ₹2/- for the Financial Year 2026-27.
• The record date for determining eligible shareholders is Thursday, November 05, 2026.
• Payment to eligible shareholders will be made on or before Friday, November 27, 2026.
• In simple terms, you need to hold the shares on the record date to qualify for this payout.

Results approved

The Board approved the Un-audited Standalone and Consolidated financial results for the quarter and half year ended September 30, 2026, along with the Limited Review Reports, a Security Cover Certificate, the statement on utilisation of Non-Convertible Debenture issue proceeds, and a statement on deviation or variation in their use.

Fund raising

The Board approved raising funds by issuing debt securities, including but not limited to Non-Convertible Debentures and Commercial Papers, up to Rs. 100 Crores on a private placement basis. The Finance Committee of the Board was authorised to finalise the terms of the issue and take related actions. This is borrowing through debt instruments, not a fresh issue of equity shares.

Amalgamation proposal

The Board approved the proposal for the amalgamation of Ace Alpha Tech Limited (the Amalgamating Company), a listed company, with Share India Securities Limited as a going concern, under Sections 230 to 232 of the Companies Act, 2013. The Management was authorised to obtain the valuation report, fairness opinion, auditor's certificate and other reports and approvals, and the draft Scheme of Amalgamation will be placed before the Board at a subsequent meeting. The scheme remains subject to statutory and regulatory approvals, including no-objection or observation letters from the Stock Exchanges, SEBI no-objection where applicable, and sanction of the National Company Law Tribunal. The detailed disclosure will be submitted as and when the Board approves the Scheme.

Board change

Mr. Krishan Singh Barguzar (DIN: 09811904) was appointed an Additional Director designated as a Non-Executive Independent Director, effective from the date of receipt of approval of the Exchanges/Clearing Corporation. He is described as a banking professional with over four decades of experience at the State Bank of India, including as Chief General Manager, with expertise in corporate banking, credit policy, risk management and stressed asset resolution. The update states he is not related to any Director of the Company.

What to note

• The dividend per share is fixed at ₹ 0.40/-; eligibility depends on holding the shares on the record date.
• The fund raise and the amalgamation are approvals to proceed; the debt terms are to be finalised by the Finance Committee and the draft scheme is yet to come back to the Board.

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